Articles by Yonhap
![Yonhap](https://res.heraldm.com/content/koreaherald/hgrp_profile/dummy_62x62.jpg)
Yonhap
Yonhap-
Kakao founder set to attend arrest warrant hearing over alleged stock manipulation
Kim Beom-su, the founder of Kakao Corp., was to attend a court hearing Monday on an arrest warrant requested for him over alleged stock price manipulation related to the firm's takeover of K-pop powerhouse SM Entertainment last year. The Seoul Southern District Court was scheduled to hold a hearing for Kim around 2 p.m., two weeks after prosecutors questioned the tech tycoon about his alleged involvement in the manipulation of SM shares. The court is expected to decide whether to issue an a
Social Affairs July 22, 2024
-
Exports rise 18.8% during first 20 days of July
South Korea's exports rose 18.8 percent on-year in the first 20 days of July, data showed Monday, on the back of the robust performance of chips and cars. Outbound shipments reached $37.17 billion in the July 1-20 period, compared with $31.2 billion tallied a year earlier, according to the data from the Korea Customs Service. Imports grew 14.2 percent on-year to $37.2 billion during the period, resulting in a trade deficit of $50 million. By sector, outbound shipments of semiconductors jump
Economy July 22, 2024
-
Biden drops out of presidential race, endorses Harris as successor
US President Joe Biden dropped out of the presidential race Sunday as his poor debate performance last month exacerbated concerns about his old age and touched off unrelenting calls to end his reelection campaign. Biden, 81, made the announcement, bowing to mounting pressure from Democratic lawmakers, donors and voters. He officially endorsed Vice President Kamala Harris to become the Democratic Party's nominee to take on former President Donald Trump in the Nov. 5 general election. It is u
Foreign Affairs July 22, 2024
-
Presidential office holds emergency meeting to address damage from recent heavy rain
The presidential office held an emergency meeting Sunday to assess the damage caused by recent downpours and decided to establish an inter-agency headquarters to prevent further damage from additional heavy rain or typhoon forecast next week. The government also plans to promptly carry out emergency repairs to damaged facilities by providing special grants and operating emergency recovery teams, according to Jeong Hye-jeon, the presidential spokesperson, during a press briefing. Last week, Presi
Social Affairs July 21, 2024
-
High jumper Woo Sang-hyeok, swimmer Kim Seo-yeong named S. Korean flag bearers
FONTAINEBLEAU, France -- South Korea announced Sunday high jumper Woo Sang-hyeok and swimmer Kim Seo-yeong will be its flag bearers at the opening ceremony for the Paris Summer Olympics. Lee Kee-heung, president of the Korean Sport & Olympic Committee, made the announcement during an open house event at the South Korean training camp at the National Sports Center for Defense (CNSD) in Fontainebleau, about 60 kilometers south of the French capital. The opening ceremony is scheduled for Frid
Olympic Games July 21, 2024
-
S. Korea's main delegation lands in Paris
South Korea's main delegation for the Paris Olympics has landed in the French capital for the upcoming competition, with sights set on exceeding its modest medal projection A team of 30 athletes and 18 officials from the Korean Sport & Olympic Committee arrived at Paris Charles de Gaulle Airport on Saturday night after more than 14 hours of travel from South Korea. Gu Bon-gil, two-time Olympic champion in the men's sabre fencing, carried the national flag, Taegeukgi, to lead the de
More Sports July 21, 2024
-
N. Korea again sends trash-carrying balloons into S. Korea: JCS
North Korea has again launched balloons presumed to be carrying trash toward South Korea, the Joint Chiefs of Staff said Sunday, just three days after a similar launch. The JCS said the balloons appeared to be traveling toward the northern part of Gyeonggi Province that surrounds Seoul and advised the public not to touch fallen balloons and to report them to the military or police. With the latest launch, North Korea has sent more than 2,000 trash-filled balloons into the South over nine occasio
North Korea July 21, 2024
-
Cho Kuk reelected as leader of minor Rebuilding Korea Party
Former Justice Minister Cho Kuk was reelected the chief of the minor Rebuilding Korea Party on Saturday, officials said. Cho won his second term after winning 99.9 percent approval from party members during a convention held in the city of Suwon, south of Seoul, as he was the only candidate running for party leader. Cho formed the party in March, one month ahead of the general elections on April 10, and had led the party until earlier this month when he resigned to run for reelection. His party
Politics July 20, 2024
-
S. Korean main delegation departs for Paris Olympics
South Korea's main delegation for the Paris Olympics left for the French capital Saturday as it began the quest for a solid performance at the quadrennial competition. Forty athletes, along with 18 officials of the Korean Sport & Olympic Committee (KSOC), flew to Paris on the day as part of the country's delegation of 143 athletes from 21 sports and 117 officials. Athletes for a few sports, including swimming, archery, judo and artistic gymnastics, left for Paris earlier this week.
More Sports July 20, 2024
-
Ex-DP chief wins sweeping victory in Jeju primary for party leadership
Rep. Lee Jae-myung, former leader of the main opposition Democratic Party (DP), won a primary on Jeju Island for party leader Saturday, as he eyes to secure a second term. In June, Lee resigned to run for reelection as the current party rule stipulates the party chair must resign from his leadership position to be eligible as a candidate. During Saturday's primary, the first of the 15-leg race across the country, Lee won 82.5 percent of all ballots cast by registered party members on the is
Politics July 20, 2024
-
S. Korea blares propaganda broadcasts for 3rd day against NK balloons
South Korea's military on Saturday continued to send propaganda loudspeaker broadcasts toward North Korea in response to the North's repeated launch of trash-carrying balloons across the border, sources said. The anti-Pyongyang broadcasts started from 6 a.m. to 10 p.m., the sources said. The South Korean military had warned it could increase the number of loudspeakers and switch to a full-scale broadcast if the North stages further provocations, including sending trash balloons across
North Korea July 20, 2024
-
Sports ministry launches audit into football federation's hiring of new men's coach
The sports ministry said Friday it has launched an investigation into the national football governing body over possible irregularities during its recent hiring of the new men's national team head coach. An official with the ministry said the audit on the Korea Football Association (KFA) essentially began Thursday when Jang Mi-ran, the second vice minister, broached the subject during her media availability. After meeting Choo Kyung-ho, floor leader of the ruling People Power Party, at the
Soccer July 19, 2024
-
Rival parties wrangle over Yoon's impeachment petition at parliamentary hearing
The ruling and main opposition parties clashed Friday as a parliamentary committee held its first hearing to address an online petition demanding the impeachment of President Yoon Suk Yeol. The hearing, which focused on allegations that Yoon interfered in a probe into the death of a young Marine surnamed Chae, was marred by physical scuffles and yelling as the ruling People Power Party (PPP) staged a rally outside of the meeting room. Rep. Jeon Hyun-heui of the main opposition Democratic Party (
Politics July 19, 2024
-
Some budget airlines, online games in S. Korea affected by IT outage: sources
Some low-cost airlines and game companies in South Korea saw problems with booking or experienced interruptions in their servers Friday, industry sources said, in an apparent IT disruption that affected the global airline and financial sectors. The cyber outage affected the airport ticketing of Jeju Air Co., Eastar Jet Co. and Air Premia Inc., prompting employees to conduct check-ins by hand, according to sources. The three airlines use computer systems based on Microsoft's cloud service, t
Social Affairs July 19, 2024
-
Seoul shares dip for 3rd straight session on Wall Street losses
Seoul shares fell for the third straight session Friday in line with overnight losses on Wall Street. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (Kospi) tumbled 28.89 points, or 1.02 percent, to close at 2,795.46. Trade volume was slightly moderate at 417.9 million shares worth 9.4 trillion won (US$6.78 billion), with losers outnumbering winners 574 to 302. Institutions and foreign investors dumped local shares worth a combined 781.2 billion
Market July 19, 2024
Most Popular
-
1
Qoo10 liquidity crisis sparks massive complaints, fears of wider damage
-
2
Yoon urges municipalities to embrace foreigners
-
3
S. Korea to consent to Japan's Sado mines gaining World Heritage status: official
-
4
Actor’s excessive airport security sparks probe into human rights violations
-
5
Actor Yoo Ah-in accused of sexual attack
-
6
Over 100 heat-related illness cases reported in 3 days: govt.
-
7
North Korean trash balloons reaching South Korea more successfully: JCS
-
8
Pet daycare, English kindergarten more costly than private four-year colleges: report
-
9
Man found dead in reservoir, day after drunk driving accident
-
10
[Robert Fouser] President Kamala Harris?