Prosecutors on Monday requested an arrest warrant for Daniel Shin, a co-founder of Terraform Labs, for allegedly obtaining illegal profits before its cryptocurrencies collapsed massively last year.The Seoul Southern District Prosecutors Office previou…
(LEAD) SK chief’s estranged wife sues his new partner for compensation
Roh Soh-yeong, director of Art Center Nabi, who has been in divorce proceedings with SK Group Chairman Chey Tae-won, launched a lawsuit against Chey’s cohabitant Monday for a large amount of compensation money, judicial officials said.Roh’s side filed…
S. Korea suggests N. Korea may have exaggerated ‘underwater nuke attack drone’ claim
The South Korean military raised the possibility Monday that North Korea’s claim of a recent “underwater nuclear attack drone” test may have been exaggerated, while noting its development appears to be at an “early” stage.The Joint Chiefs of Staff (JC…
Klinsmann ‘excited’ to play ‘very good’ Uruguay in 2nd match for S. Korea
South Korea head coach Jurgen Klinsmann conceded Monday that Uruguay, his team’s next men’s football friendly opponent, are “a very good team.”But the German tactician said his team will not be pushed around.”We’re also a very, very good team,” Klinsm…
Yoon voices hope to resume S. Korea-China-Japan summit for regional peace
President Yoon Suk Yeol expressed his hope Monday to resume stalled trilateral summit diplomacy with China and Japan for regional peace, his spokesperson said, amid a thaw in Seoul-Tokyo relations long strained over history.Yoon made the remarks durin…
For founder’s birthday, North Korean cities ordered to decorate streets with flowers
To celebrate the April 15 birthday of North Korea’s founder Kim Il Sung, authorities have ordered cities and towns to decorate the streets with flowers for the first time in three years, two sources in the country told Radio Free Asia.The holiday is a …
Ruling party appoints new chiefs of party’s think tank, policy committee
Rep. Park Soo-young was appointed the new head of the Yeouido Institute, the ruling People Power Party’s (PPP) think tank, on Monday as the party fills key posts after Rep. Kim Gi-hyeon was elected new leader earlier this month.The party also endorsed…
Change seen among Japanese right wing favoring restoration of ties with S. Korea: envoy
South Korea’s top envoy to Japan said Monday a “change in position” has been detected among the right wing in Tokyo calling for closer cooperation with Seoul on security issues amid a restoration of ties between the neighbors.At a press conference in …
Duty-free sales up nearly 37 pct on-month in Feb. after China’s reopening
South Korea’s duty-free sales rose nearly 37 percent on-month in February, industry data showed Monday, as China resumed short-term entry for Korean travelers.Combined sales at duty-free shops in Asia’s fourth-largest economy came to 1.09 trillion won…
Yoon calls for gathering opinions on bill requiring gov’t purchase of excess rice
President Yoon Suk Yeol asked Prime Minister Han Duck-soo on Monday to gather various opinions on a contentious bill requiring government purchase of surplus rice, his spokesperson said.Yoon has been widely expected to veto the revision to the Grain M…