S. Korea’s new presidential jet enters service for Moon’s trip to Middle East

SEOUL, South Korea’s new presidential jet entered service Saturday for a three-nation trip by President Moon Jae-in to the Middle East, the presidential office of Cheong Wa Dae said. The…

Lee calls for bigger extra budget to support small merchants

SEOUL– Ruling party presidential candidate Lee Jae-myung on Friday showed his discontent over the government’s plan to draw up a supplementary budget of 14 trillion won (US$11.8 billion) for helping small merchants, saying the extra budget should be b…

Lee calls for bigger extra budget to support small merchants

SEOUL– Ruling party presidential candidate Lee Jae-myung on Friday showed his discontent over the government’s plan to draw up a supplementary budget of 14 trillion won (US$11.8 billion) for helping small merchants, saying the extra budget should be b…

Justice Party campaign leaders resign en masse amid candidate’s seclusion

SEOUL– All key members of the minor progressive Justice Party’s presidential election committee offered to resign en masse Thursday, a day after the party’s presidential candidate, Sim Sang-jeung, decided to…

U.S. designates six N. Koreans over WMD, ballistic missile programs

WASHINGTON– The United States said Wednesday that it is designating six North Korean individuals related to North Korea’s weapons of mass destruction (WMD) and ballistic missile programs.The Department of Treasury said it is designating five North Kor…

U.S. allows S. Korea to pay compensation to Iranian investor over ISDS ruling

SEOUL– The United States has authorized the South Korean government to send overdue compensation to Iran’s Dayyani Group under a 2018 investor-state dispute settlement (ISDS), Seoul’s foreign ministry said Wednesday.The U.S. Treasury Department’s Offi…

Minor party presidential nominee halts campaign schedule amid low ratings

SEOUL– The presidential candidate of the minor progressive Justice Party announced a decision Wednesday to suspend her campaign schedule to craft “reform plans,” aides said, as her public support has languished in single digits.Sim Sang-jeung earned j…

Senior S. Korean, U.S. diplomats discuss alliance, regional security in phone call

SEOUL– Senior diplomats of South Korea and the United States held phone talks Wednesday to discuss the bilateral alliance and other issues on the Korean Peninsula, according to officials.Yeo Seung-bae, deputy foreign minister for political affairs, an…

Moon hopes new cathode plant will boost EV battery sector

SEOUL– President Moon Jae-in attended the groundbreaking ceremony for an LG Chem cathode plant in the southeastern city of Gumi on Tuesday, saying he hopes the 475 billion won (US$397…

Assembly passes bill on union representation in public institutions’ boards

SEOUL– The National Assembly on Tuesday passed a bill that mandates a union representative be included on public institutions’ boards of directors. The lawmakers approved a bill during a plenary…