Articles by Yonhap

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PM departs for China for Asian Games, meeting with Xi
Prime Minister Han Duck-soo departed for the eastern Chinese city of Hangzhou on Saturday to attend the opening ceremony of the Asian Games and meet Chinese President Xi Jinping on the sidelines of the sporting event, his office said. During his two-day visit, Han is expected to attend a luncheon hosted by Xi for the leaders of countries competing in the Asian Games and hold talks with Xi ahead of the opening ceremony later in the day. The exact time, venue and agenda for their meeting are being
Foreign Affairs Sept. 23, 2023
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US finalizes national security 'guardrails' for CHIPS funding
The US Department of Commerce on Friday announced the final rule to restrict semiconductor subsidy recipients from expanding their manufacturing capacity in China, following Seoul's brisk diplomacy to minimize its potential impact on South Korean businesses. The national security "guardrails" of the CHIPS and Science Act prohibit the material expansion of semiconductor manufacturing capacity for advanced facilities in "foreign countries of concern" for 10 years from the
Foreign Affairs Sept. 23, 2023
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Allies vow stern measures against Russia-N. Korea arms deal
The top diplomats from South Korea, the United States and Japan have agreed to take stern measures against a potential arms deal between Russia and North Korea, Seoul's foreign ministry said Saturday. According to the ministry, Seoul's Foreign Minister Park Jin met with his US counterpart, Antony Blinken, and Japanese counterpart, Yoko Kamikawa, in New York on Friday to discuss Russia-North Korea arms dealings. Earlier this month, North Korean leader Kim Jong-un held a summit with Russ
Foreign Affairs Sept. 23, 2023
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PSG's Lee Kang-in 'proud' of teammates for clinching knockout berth without him
Paris Saint-Germain midfielder Lee Kang-in said Friday he was "proud" of his South Korean teammates at the Asian Games in China, having belatedly joined the team after the young Taegeuk Warriors handily won their first two group stage matches. Lee arrived in the Asiad host city of Hangzhou on Thursday, hours before South Korea defeated Thailand 4-0 in their second Group E match. This came on the heels of a 9-0 rout of Kuwait to open the tournament Tuesday. Lee, who had missed the two e
Soccer Sept. 22, 2023
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S. Korea calls on Russia to 'transparently explain' its dealing with N. Korea amid suspected arms supply agreement
South Korea's foreign ministry on Friday called on Russia to "transparently explain" its recent dealings with North Korea amid growing speculation of an arms supply deal at last week's bilateral summit. "If it (Moscow) will not engage in such worrisome military cooperation with North Korea, Russia should transparently explain (its dealings with North Korea) so that the international community could find it acceptable," a ministry official said. The comments were m
North Korea Sept. 22, 2023
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Surveillance cameras to be a must in hospital operating rooms
Hospitals will be required to install surveillance cameras in operating rooms and record surgery procedures at the request of patients starting next week, the health ministry said Friday. The revised Medical Service Act, set to take effect Monday, also calls for storing recorded videos for at least 30 days, according to the Ministry of Health and Welfare. Under the revision, medical clinics must install cameras in all operating rooms that handle surgeries where patients are anesthetized or unc
Social Affairs Sept. 22, 2023
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Seoul shares close lower amid woes over Fed's drawn-out rate hike cycle
South Korean stocks closed lower for the second consecutive day Friday amid concerns the US Federal Reserve may keep its benchmark lending rate higher for longer. The local currency climbed against the US dollar. The benchmark Korea Composite Stock Price Index had declined 6.84 points, or 0.27 percent, to finish at 2,508.13. Trading volume was moderate at 425.5 million shares worth 6.9 trillion won ($5.2 billion), with decliners outpacing winners 595 to 285. Individuals purchased a total of 206.
Market Sept. 22, 2023
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Swimmer Lee Ho-joon enjoys flying under radar
South Korean swimmer Lee Ho-joon has spent the past few years in the shadow of his more famous relay teammate, Hwang Sun-woo. When the two aren't teaming up for the men's 4x200-meter freestyle relay, Lee and Hwang engage in an internal competition in the men's 200m freestyle. Hwang is the more accomplished athlete of the two, having won silver and then bronze in the 200m freestyle at the past two World Aquatics Championships. Lee, though, took a big step forward at this year'
More Sports Sept. 22, 2023
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Seoul shares open lower amid woes over Fed's drawn-out rate hike cycle
South Korean stocks started lower Friday, tracking an overnight tumble on Wall Street, amid concerns the US Federal Reserve will keep its restrictive monetary policy in place for longer than expected. The benchmark Korea Composite Stock Price Index lost 21.67 points, or 0.86 percent, to 2,493.30 in the first 15 minutes of trading. All three US stock indexes fell on Thursday as investors' risk appetite dwindled after the Fed hinted it may go for another rate hike later this year after a rate
Market Sept. 22, 2023
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PM to meet with Xi on sidelines of Asian Games in Hangzhou
Prime Minister Han Duck-soo will meet with Chinese President Xi Jinping on the sidelines of the opening ceremony of the Asian Games in Hangzhou, China, later this week, an official said Friday. Han will depart for China on Saturday to attend the opening ceremony, which is set to take place later in the day. The meeting with Xi is most likely to occur before the event. "It has been confirmed that the meeting will take place, and we are currently finalizing the location and timing," the
Social Affairs Sept. 22, 2023
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Biden rebukes Russia for turning to N. Korea, Iran for more arms
US President Joe Biden slammed Russia on Thursday for seeking more weapons from Iran and North Korea for use in its war in Ukraine, reiterating such an arms transfer would flout UN Security Council resolutions. Biden made the remarks during a White House summit with Ukrainian President Volodymyr Zelenskyy, during which he announced a $325 million military assistance package, including artillery, ammunition, and air defense capabilities. "Russia alone stands in the way of peace. He could end
Foreign Affairs Sept. 22, 2023
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Yoon revs up efforts to promote Expo bid in back-to-back New York summits
President Yoon Suk Yeol held another round of back-to-back summits with world leaders in New York on Thursday as he rampped up his push to promote South Korea's bid to host the 2030 World Expo in Busan. Since his arrival in New York on Monday to attend the UN General Assembly, Yoon has held dozens of two-way summits in a last-ditch effort for the Expo bid. In a morning summit, Yoon met with Ecuadorian President Guillermo Lasso and said that bilateral talks on the signing of a strategic econ
Politics Sept. 22, 2023
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US watching closely for possible N. Korea-Russia arms trade: senior US official
The United States is closely monitoring possible arms trade between North Korea and Russia, a senior US official said Thursday, after last week's summit between their leaders raised concerns about military cooperation. During a meeting with a group of reporters in Brussels, the official also said South Korea has expressed its willingness to actively support North Atlantic Treaty Organization member countries that assist Ukraine in its war against Russia. "Obviously Russia is looking fo
Foreign Affairs Sept. 21, 2023
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Russian Embassy voices 'deep regret' over Yoon's warning on growing Pyongyang-Moscow ties
The Russian Embassy in Seoul on Thursday expressed "deep regret" over President Yoon Suk Yeol's speech condemning military cooperation between Pyongyang and Moscow at the United Nations and accused him of joining Washington's "propaganda campaign." During his keynote address to the U.N. General Assembly on Wednesday (U.S. time), Yoon warned that any arms deal between the two countries would be considered a "direct provocation" against South Korea, relaying
Foreign Affairs Sept. 21, 2023
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Parliament passes arrest motion against opposition leader, dismissal motion against PM
The National Assembly on Thursday passed a motion seeking parliamentary consent to the potential arrest of opposition leader Lee Jae-myung, while also passing another motion calling for the dismissal of Prime Minister Han Duck-soo. In a 149-136 vote during a plenary session, the Assembly passed the motion to lift arrest immunity for Lee of the main opposition Democratic Party (Democratic Party), who faces breach of trust, bribery and other charges in connection with a scandal-ridden land develop
Politics Sept. 21, 2023
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