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Some 180 S. Koreans enter Israel for religious event amid escalating war

About 180 South Korean nationals have entered Israel to attend a religious event, sources said Monday, amid escalating tensions in the region following a series of missile and air strikes exchanged between Israel and the Lebanese militant group Hezbollah. South Korea’s diplomatic mission in Israel has learned of their arrival, and it is strongly urging them to leave the country

Nat’l football coach looks to usher in new era with fresh faces

As he prepares for some immediate tasks at hand, namely World Cup qualifying matches, South Korea head coach Hong Myung-bo is also keeping one eye on the future of the country’s national team program. It was with this mindset that Hong selected four international rookies to his 26-man squad Monday for the pair of World Cup qualifying matches next month.

(3rd LD) N. Korean leader oversees suicide drones test, calls for more production

North Korean leader Kim Jong-un has overseen a performance test of various drones, calling for the development and production of more suicide drones to enhance war preparedness, state media reported Monday. Kim supervised the test organized by the Drone Institute of the Academy of Defence Sciences on Saturday, according to the Korean Central News Agency (KCNA). In the test, the

Police book hotel owner in investigation into Bucheon hotel fire

Police booked the owner of a hotel that caught fire last week and claimed the lives of seven people for investigation on charges of professional negligence, officials said Monday. The Gyeonggi Nambu Provincial Police booked the owner of the hotel in Bucheon, west of Seoul, and its nominal head, both in their 40s, and imposed a travel ban on both

(LEAD) Teen sensation Yang Min-hyeok named to S. Korea squad for World Cup qualifiers

Premier League-bound teen sensation Yang Min-hyeok was named to the South Korean men’s national team for upcoming World Cup qualifying matches on Monday. Head coach Hong Myung-bo put Yang, the 18-year-old forward for Gangwon FC, on his 26-man squad for two World Cup qualifying matches scheduled for next month. To kick off Group B action in the third round of

S. Korean Bond Yields on morning of Aug. 26, 2024

Today (%) Previous Session(%) Change (BP) 1-year TB 3.038 3.050 -1.2 2-year TB 3.016 3.037 -2.1 3-year TB 2.892 2.920 -2.8 10-year TB 2.981 3.005 -2.4 2-year MSB 2.965 2.991 -2.6 3-year CB (AA-) 3.415 3.439 -2.4 Source: Yonhap News Agency

Seoul stocks down late Mon. morning on profit-taking

South Korean shares traded a tad lower late Monday morning as investors sought to cash in gains amid U.S. rate cut hopes. The benchmark Korea Composite Stock Price Index (KOSPI) shed 3.49 points, or 0.13 percent, to 2,698.20 as of 11:20 a.m. The index had opened higher, tracking sharp increases on Wall Street. U.S. Fed Chair Jerome Powell hinted at

Yoon, New Zealand PM to hold summit in Seoul next week

President Yoon Suk Yeol will have a summit with New Zealand Prime Minister Christopher Luxon in Seoul next week to discuss bilateral and regional issues, Yoon’s office said Monday. Luxon will make an official visit to South Korea from Sept. 4-5, during which the two leaders will hold talks focused on strengthening bilateral ties as well as regional and international