Corea del Sud

S. Korea confirms 67th case of highly pathogenic bird flu

The Korea Herald - 0 sec fa
South Korea on Tuesday confirmed another case of highly pathogenic bird flu in poultry, raising the total caseload to 67. The latest case of the H5N8 strain of avian influenza came from an egg farm in Yongin, just south of Seoul, according to the Ministry of Agriculture, Food, and Rural Affairs. The ministry will administer screening tests and impose a 30-day movement ban on all poultry farms within a 10-kilometer radius of the affected farm. The restriction also applies to all poultry farms
Categorie: Corea del Sud

Biden's top diplomat vows US will lead but restore alliances

The Korea Herald - 0 sec fa
WASHINGTON (AFP) -- Antony Blinken, President-elect Joe Biden's choice to be secretary of state, will vow Tuesday that the United States will "outcompete" a rising China while reviving frayed alliances, in a sea change from Donald Trump's go-it-alone "America First" approach. On the eve of Biden's inauguration, Blinken was set to say at his confirmation hearing that the United States will seek to remain the pre-eminent global power but renew cooperation on common challenges
Categorie: Corea del Sud

Women's football coach sees Olympic qualifiers as 'a chance to make history' for S. Korea

The Korea Herald - 0 sec fa
With his South Korean national team set to face China in Olympic women's football qualifying playoff next month, head coach Colin Bell isn't daunted by past results or the air of uncertainty surrounding the competition. South Korea, dubbed the Taeguk Ladies, have lost 27 times against China in 37 previous meetings. Their most recent victory came more than five years ago. These two countries will meet on Feb. 19 and then again on Feb. 25, with the aggregate score determining who will compete at
Categorie: Corea del Sud

Moon meets Amb. Harris, vows close cooperation with Biden administration

The Korea Herald - 12 min 3 sec fa
President Moon Jae-in received a farewell courtesy call from outgoing US Ambassador Harry Harris on Tuesday and reaffirmed that his government will cooperate closely with the new US administration. During the half-an-hour meeting at his office, Moon pledged close coordination with the Joe Biden administration for a stronger alliance and progress in the Korea peace process as well as in response to the COVID-19 pandemic, climate change and other pending global issues, according to Cheong Wa Dae
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[Herald Interview] Front-liners who treated first COVID-19 patients look back on experience

The Korea Herald - 1 ora 6 min fa
The novel coronavirus has been in South Korea for one full year as of Wednesday, and medical professionals have been on the front lines of the ongoing struggle. Ahead of COVID-19’s one-year anniversary, three front-line workers who treated the country’s very first COVID-19 patients spoke to The Korea Herald on Tuesday about their encounters with the brand-new disease. The first people confirmed to be infected with the coronavirus in Korea had either traveled to Wuhan, China, or c
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FM Kang vows strong ties with Biden admin for denuclearization and peace

The Korea Herald - 1 ora 17 min fa
Foreign Minister Kang Kyung-wha on Tuesday vowed to strengthen the alliance with US under the incoming Joe Biden administration to achieve denuclearization and peace on the Korean Peninsula.  She made the remark during an opening address of a meeting of related offices and academia to discuss policy direction and ways to strengthen US-South Korea alliance under the new Biden administration, a day before Biden is set to be inaugurated as the next US President on Wednesday.  “We
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Blue Dragon Film Awards to be held on Feb. 9

The Korea Herald - 1 ora 22 min fa
The 42nd Blue Dragon Film Awards, which were postponed last year due to the spread of COVID-19, will be held on Feb. 9, the awards’ organizers said Tuesday. The awards ceremony, one of the most prestigious film events here, was to have been held on Dec. 11 but it was postponed indefinitely due to the spike in the number of COVID-19 cases in late 2020. “The Man Standing Next” has been nominated for 10 awards, followed by “Deliver Us from Evil” for eight awards,
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S. Korea wins top ESG rating by Moody’s

The Korea Herald - 1 ora 26 min fa
South Korea received a top rating in an environment, social and governance assessment conducted by US credit rating agency Moody’s Investors Service, according to the Ministry of Economy and Finance on Tuesday. Moody’s has recently announced a list of 144 countries assessing their capabilities in handling ESG issues, with five classifications, including “positive” at the top and “very highly negative” at the bottom. Korea was one of 11 nations who rated &ldq
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Defense ministry inspects Navy chief's alleged absence on night officer went missing

The Korea Herald - 1 ora 33 min fa
The defense ministry on Tuesday launched an inspection into allegations the Navy chief failed to show up at an emergency meeting convened to discuss an officer who went missing earlier this month after having drinks that night, officials said. On Jan. 9, a Navy officer was found dead after going missing near the western border island of Baengnyeong while on guard operations the previous day. His body was found in the Yellow Sea hours later. The Navy convened an emergency meeting to monitor the
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Koreans defend kimchi, ssam against China

The Korea Herald - 1 ora 43 min fa
As popular Chinese YouTubers create videos implying Korean foods such as kimchi and ssam are Chinese dishes, Koreans have decided to take a stand in the name of Korea’s food culture. A Chinese agency for popular mukbang, or “eating shows,” terminated its contract with Korean YouTuber Hamzy on Sunday after she said that kimchi and ssam were both Korean dishes. The controversy began when Hamzy uploaded a video of herself eating snail soybean stew with ssam, or a vegetable wrap
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Scholars cast doubt on acquittals of executives in deadly humidifier cleaner case

The Korea Herald - 1 ora 53 min fa
Last week's acquittals of 13 corporate executives in a deadly humidifier sterilizer case were caused by the court's wrong interpretation of the causal relations between chemicals contained in sterilizer products and victims' lung-related illnesses, a group of scholars argued Tuesday. The Seoul Central District Court ruled last Tuesday that Hong Ji-ho, former CEO of SK Chemical; Ahn Yong-chan, former CEO of Aekyung Industrial; and 11 other corporate executives are not guilty of professional negl
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Ruane, Cunniff & Goldfarb unloads stake in Shinyoung Securities

The Korea Herald - 2 ore 20 min fa
US-based investment adviser Ruane, Cunniff & Goldfarb has unloaded a 5.5 percent stake in Korea‘s brokerage house Shinyoung Securities, a regulatory filing showed Tuesday. The New York-based firm’s sales proceeds came to 30.4 billion won ($27.6 million) following decades of transactions involving its mutual funds, according to the filing. Ruane, Cunniff & Goldfarb’s ownership was reduced to 2.11 percent as of December 2020, making it no longer obliged to disclose itse
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AmCham expresses regret over Samsung chief’s jailing

The Korea Herald - 2 ore 28 min fa
The American Chamber of Commerce in Korea expressed its discomfort over the recent detention of Lee Jae-yong, the chief of the country’s top conglomerate, Samsung Group. While respecting the court’s decision to put Lee behind bars for bribery, the business association cited the case as an example of a “Korea-unique” business hurdle for global business entities here. “Samsung is an important company with significant global leadership, which was why we were sad
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Lee jailing puts Samsung back in emergency mode

The Korea Herald - 2 ore 42 min fa
Samsung Electronics and its affiliates returned to an emergency posture on Tuesday, a day after an appellate court sentenced the conglomerate’s leader Lee Jae-yong to two years and six months in jail. Multiple sources at the country’s largest business group spoke of a somber mood, with many expressing regrets about the court’s decision and worries about the tech giant’s mid-term strategies. “Aside from day-to-day operations, the leader’s vacancy literally
Categorie: Corea del Sud

Moon taps professors as top advisors on economy, science

The Korea Herald - 2 ore 56 min fa
President Moon Jae-in has picked Lee Keun, an economics professor, as vice chairman of the presidential advisory panel on the economy, Cheong Wa Dae announced Tuesday. Lee is an expert on the innovation economy, having won the Schumpeter Prize in 2014, according to Cheong Wa Dae spokesman Kang Min-seok. He is expected to contribute to efforts for a quick and strong economic recovery from the COVID-19 crisis and the move toward a pacesetting economy, Kang said. The National Economic Advisory Co
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Hyundai, Kia Q4 operating profit jumps despite pandemic

The Korea Herald - 2 ore 59 min fa
Hyundai Motor Co. and affiliate Kia Corp. are expected to post double-digit growth in their fourth-quarter operating profit, helped by robust domestic sales despite the coronavirus pandemic. Strong local demand for their vehicles helped Hyundai Motor and Kia offset their weak overseas sales in the October-December period, analysts said. Hyundai, the country's biggest carmaker, likely posted an operating profit of 1.71 trillion won ($1.55 billion) in the fourth quarter, up 37 percent from 1.24
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S. Korea's Buddhist leader vows to seek inter-Korean exchanges through COVID-19 relief

The Korea Herald - 3 ore 3 min fa
The leader of the Jogye Order, South Korea's largest Buddhist sect, said Tuesday that he will strive to promote inter-Korean religious exchanges this year by helping the North's battle against the novel coronavirus. "We will closely confer with our North Korean counterpart on projects to facilitate exchanges and cooperation between the Buddhist communities of the two Koreas," Ven. Wonhaeng, president of the Jogye Order of Korean Buddhism, said in an online press conference. "I'll
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Dunamu introduces digital asset fear-greed index

The Korea Herald - 3 ore 5 min fa
Dunamu, a South Korean blockchain and fintech company, said Tuesday that it has developed an indicator that measures volatility of digital asset market to help investors make decisions. The digital asset fear-and-greed index reflects market sentiment in five different levels, from ”extreme fear“ to ”extreme greed.” The index gauges market volatility with trading price and transaction volume every five minutes.  “As many domestic digital asset investors use gl
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Boryung revs up anti-cancer drug production line at Yesan plant

The Korea Herald - 3 ore 13 min fa
Boryung Pharmaceutical announced it had begun full-fledged use of its Yesan plant and more emphasis on anti-cancer products. Boryung announced Tuesday that it had been producing plasma cell myeloma treatment Velkin from end-December at the Yesan plant, and is soon to send the bulk out to the market. Once the company gains EU good manufacturing practices certification, which the company is preparing to apply for this year, Boryung’s anti-cancer products will make their way to the global
Categorie: Corea del Sud

LG, Samsung washers favored by US Consumer Reports

The Korea Herald - 3 ore 17 min fa
Washing machines made by South Korea‘s LG Electronics and Samsung Electronics swept the top spots in a ranking by American consumer organization Consumer Reports, according to industry sources Tuesday. LG Electronics has ranked first in front-load washer, top-load agitator washer and top-load high-efficiency washer segments, becoming the first non-US firm to win three out of five washing machines categories in the ratings compiled by the organization. This year, LG Electronics continue
Categorie: Corea del Sud