Seoul shares ended lower Monday as signs of trouble at the major European lender Deutsche Bank renewed concerns over the health of the global financial system. The local currency fell against the U.S. dollar.The benchmark Korea Composite Stock Price I…
Yonhap News Summary
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 …
(Yonhap Interview) Cellist Youn Ji-won combines paintings with music for boundless art experience
Youn Ji-won is a cellist and a self-taught art curator who thinks looking at paintings in museums is not enough and wants to invite people to the boundless art world in unconventional ways.Youn has created her own term, “lecture concert,” to select ar…
(LEAD) Local banks show no signs of withdrawal problems: regulator
South Korea’s financial regulator said Monday that local banks showed no signs of abnormality in their withdrawal and deposit operations.The assessment by the Financial Supervisory Service (FSS) came amid concerns of a global banking crisis following …
(LEAD) Hankook Tire chief indicted over alleged illicit inter-affiliate trading, embezzlement
The chief of tire giant Hankook Tire & Technology Co. was indicted Monday on charges of illicit inter-affiliate trading, embezzlement and breach of trust, prosecutors said.Chairman Cho Hyun-bum was charg…
Four young Nigerian siblings killed in house fire in Ansan
Four young Nigerian siblings were killed in a fire that engulfed a three-story residential building in Ansan, south of Seoul, on Monday.The fire started on the building’s second floor at 3:28 a.m. and was put out by firefighters about 40 minutes later…
Incheon, Gimpo airports resume additional flights to and from Japan, China
Korean Air resumed regular late-night flights between Incheon International Airport, the gateway to Seoul, and Tokyo’s Haneda International Airport on Monday, three years after they were suspended due to COVID-19.The flight departs from Haneda at 2 a….
(3rd LD) N. Korea fires 2 SRBMs toward East Sea; U.S. aircraft carrier due in S. Korea for joint training
North Korea fired two short-range ballistic missiles (SRBMs) toward the East Sea on Monday, hours before a U.S. nuclear-powered aircraft carrier staged joint drills in waters south of Jeju Island, according to South Korea’s military.The Joint Chiefs o…
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Monday.—————–(2nd LD) N. Korea fires 2 SRBMs toward East Sea; U.S. aircraft carrier due in S. Korea for joint trainingSEOUL — North Korea fired two short-ra…
Hyundai Glovis signs MOU with GS Energy on ammonia, hydrogen partnership
Hyundai Glovis Co. said Monday it has signed a memorandum of understanding (MOU) with GS Energy Corp. for a collaboration in the production and delivery of ammonia and hydrogen as it accelerates its clean energy drive.Under the MOU, Hyundai Glovis wil…