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18.June.2021: Inoculations widen to people in their 50s in July
K-News Bulletin - June 17, 2021 15:00 - 4 minutesStarting in July, all adults in their 50s, school teachers and high school seniors will be eligible for their first Covid-19 shots, which will be expanded to everyone over 17 from August. The Covid-19 Vaccination Task Force announced its vaccination plan for the third quarter on Thursday with ...
17.June.2021: With young leader, PPP gets popular with youth
K-News Bulletin - June 16, 2021 15:00 - 4 minutesThe People Power Party (PPP), considered not long ago as a cemetery for political dinosaurs, is being inundated with membership applications after it elected 36-year-old Lee Jun-seok as its new chairman. Many of the new members are in their 20s and 30s. “Because there are so many applicants...
16.June.2021: Samsung lands 5G contract with Vodafone
K-News Bulletin - June 15, 2021 15:00 - 3 minutesSamsung Electronics signed a contract with UK telecom operator Vodafone to sell 5G equipment -- its first 5G cellular network deal in Europe. That market was dominated for years by China’s Huawei and European vendors like Nokia and Ericsson. Washington’s sanctions on Huawei forced many countri...
15.June.2021: KDB says SsangYong's turnaround plan may not cut it
K-News Bulletin - June 14, 2021 15:00 - 2 minutesThe Korea Development Bank (KDB), the main creditor of beleaguered SsangYong Motor, questioned whether its latest turnaround plan is good enough to attract a buyer. The KDB admitted that buyers with any genuine intention to invest in the carmaker are “very rare" at the moment. “It is true th...
14.June.2021: Cryptocurrency exchanges start dropping coins
K-News Bulletin - June 13, 2021 15:00 - 3 minutesLocal exchanges are slashing the number of cryptocurrencies they offer. The country’s largest exchange by trading volume, Upbit, announced Friday that 25 coins were put on its investment warning list, a first step before delisting the coins from the exchange. Smaller exchanges such as Probit...
11.June.2021: Korean tycoons start their own hydrogen council
K-News Bulletin - June 11, 2021 02:00 - 3 minutesThe heads of four Korean business groups met Thursday to form a committee dedicated to investment and business opportunities in hydrogen. Hyundai Motor Group Chairman Euisun Chung, SK Group Chairman Chey Tae-won, Posco Group Chairman Choi Jeong-woo and Hyosung Group Chairman Cho Hyun-joon met...
10.June.2021: Pyongyang officially pulls plug on going to Olympics
K-News Bulletin - June 10, 2021 00:00 - 4 minutesNorth Korea will not be part of the Tokyo Olympics, the International Olympic Committee (IOC) confirmed Tuesday, the first time it will skip the Summer Games in 33 years. North Korea's berths for the Tokyo Olympics from July 23 to Aug. 8 were reallocated to other athletes, said the IOC. Th...
09.June.2021: Korean-Americans eager for reunions with kin in North
K-News Bulletin - June 09, 2021 00:00 - 3 minutesU.S. Secretary of State Antony Blinken pledged Monday to work with both Seoul and Pyongyang to help arrange reunions of Korean-Americans who were separated from family members during the 1950-53 Korean War. "This is just heart wrenching, knowing that people have been not only separated, but ...
07.June.2021: Moon vows to reform military, rid it of 'backward culture'
K-News Bulletin - June 07, 2021 00:00 - 4 minutesPresident Moon Jae-in vowed to rid the military of its “backward culture” in an address at the Memorial Day ceremony at Seoul National Cemetery on Sunday, in light of the recent death of an Air Force officer who reportedly took her own life following a sexual harassment claim against a fellow se...
04.June.2021: 2020 was a shrinking year for Korean companies
K-News Bulletin - June 04, 2021 01:00 - 3 minutesKorean companies shrunk an average of 3.2 percent last year, according to a report released by the Bank of Korea Thursday, because of the coronavirus epidemic. The proportion of companies unable to cover interest payments on debt hit a record high. The central bank analyzed audits filed by t...
03.June.2021: Tycoons appeal to president to pardon Samsung's Lee
K-News Bulletin - June 03, 2021 00:00 - 4 minutesPresident Moon Jae-in on Wednesday showed his most receptive attitude so far to business leaders’ pleas to pardon jailed Samsung head Lee Jae-yong. Moon invited the leaders of the country’s top four business groups to a luncheon at the Blue House to thanks them for announcements of massive i...
02.June.2021: Exports' 45.6% growth in May is best since 1988
K-News Bulletin - June 02, 2021 00:00 - 3 minutesKorea's exports soared 45.6 percent in May, the sharpest growth since 1988 thanks to a rebound in mainstay export items including semiconductors, cars and petrochemical products. Outbound shipments from the country totaled $50.7 billion last month, a record for the month of May, according to...
31.May.2021: Hyundai Motor sells Chinese plant after missile shield spat
K-News Bulletin - May 31, 2021 01:00 - 2 minutesHyundai Motor sold its first factory in China, which once symbolized its aggressive expansion into the market, after years of sales held hostage by geopolitics. The automaker agreed to sell its Plant 1 in Beijing to the government of Shunyi District, a satellite city of Beijing, according to...
May.28.2021: Finance minister pledges major green investment
K-News Bulletin - May 27, 2021 00:00 - 3 minutesThe government will invest 3.8 percent of its GDP on Green New Deal projects by 2025 to bring about carbon neutrality for Korea. It's also increasing its support for environmental efforts by developing countries Official Development Assistance (ODA) and contributions to the Green Climate Fun...
May.26.2021: Leftover vaccines can be found online
K-News Bulletin - May 26, 2021 02:00 - 2 minutesCovid-19 vaccines left over after people didn't show up to get them will be available for anyone interested starting Thursday — and you can sign up to receive alerts about leftover vaccine at neighborhood clinics and hospitals. Foreigners covered by Korean health insurance and over the age of ...
May.25.2021: BTS takes home 4 awards at Billboard Music Awards
K-News Bulletin - May 25, 2021 01:00 - 3 minutesBTS nabbed the Top Duo/Group, Top Song Sales Artist, Top Social Artist, and Top Selling Song awards at the 2021 Billboard Music Awards (BBMA) held on Monday, Korean time, setting a record for not only itself but for all of K-pop. The 2021 BBMA was broadcast live from 9 a.m. on cable channel Mn...
May.24.2021: Moon hails Korean investments in the U.S.
K-News Bulletin - May 24, 2021 01:00 - 4 minutesPresident Moon Jae-in ticked off promised investment in the United States by Korean corporations and suggested that more incentives will equal more investment. “If the U.S. government provides a wide variety of incentives for battery production facilities, there will be more investment to come...
May.20.2021: Recovery shows in power consumption, factory rates
K-News Bulletin - May 20, 2021 01:00 - 3 minutesA gradual but steady increase in power consumption is the latest indication of economic recovery, along with healthy indicators in manufacturing, making President Moon Jae-in's goal of 4-percent growth for 2021 more possible. According to a report by the Korea Electric Power Corp. (Kepco), p...
May.18.2021: Moon vows vaccine development for Korea
K-News Bulletin - May 18, 2021 00:00 - 3 minutesPresident Moon Jae-in said Monday that his upcoming trip to the United States will be used to make Korea a global hub of vaccine production. “I will use the upcoming trip to the United States as an opportunity to strengthen cooperation in the field of [Covid-19] vaccines and make Korea a glo...
May.14.2021: Kim Boo-kyum voted prime minister
K-News Bulletin - May 14, 2021 00:00 - 3 minutesThe National Assembly on Thursday approved President Moon Jae-in's nomination of Kim Boo-kyum as prime minister. At a voting session arranged by National Assembly Speaker Park Byeong-seug, a motion to approve Kim's appointment was passed by the ruling Democratic Party (DP). Lawmakers from the ...
May.13.2021: India's raging pandemic hits Samsung, LG
K-News Bulletin - May 12, 2021 22:00 - 3 minutesSamsung Electronics and LG Electronics are being hurt by the coronavirus crisis in India as partial lockdowns affect their production lines there. The Korean electronics makers could also see shrinking demand for electronic gadgets and home appliances in one of their biggest consumer electroni...
May.12.2021: Kakao Entertainment snaps up two U.S. startups
K-News Bulletin - May 12, 2021 00:00 - 4 minutesKakao Entertainment will acquire two U.S.-based start-ups that run platforms for webtoons and web novels to expand in English-speaking markets. The companies being bought are Tapas Media, a webtoon service based in San Francisco, and Radish Media, which runs a web novel service headquartered i...
May.12.2021: Chip shortage now hitting auto parts makers
K-News Bulletin - May 11, 2021 01:00 - 3 minutesEven auto parts makers in Korea are feeling the pinch from the global chip shortage. The Korea Automobile Industry Association (KAIA) on Monday said that 66 out of 78 auto parts makers in Korea, or 84.6 percent of the respondents to a survey, said that they were having trouble due to an auto s...
May.11.2021: Chip shortage now hitting auto parts makers
K-News Bulletin - May 11, 2021 01:00 - 3 minutesEven auto parts makers in Korea are feeling the pinch from the global chip shortage. The Korea Automobile Industry Association (KAIA) on Monday said that 66 out of 78 auto parts makers in Korea, or 84.6 percent of the respondents to a survey, said that they were having trouble due to an auto s...
May.06.2021: Department store staff, not customers, get Covid-19
K-News Bulletin - May 06, 2021 00:00 - 4 minutesDepartment stores are emerging as a new Covid-19 vector after workers in major department stores in Seoul tested positive in recent days. Two cashiers from the food hall of Shinsegae Department Store's branch in Seocho District, southern Seoul, tested positive, the company said Wednesday. Ful...
May.04.2021: Kim Oh-soo nominated as prosecutor general
K-News Bulletin - May 04, 2021 01:00 - 3 minutesPresident Moon Jae-in nominated former Vice Justice Minister Kim Oh-soo as the new head of South Korea's prosecution service, the Blue House announced Monday. Justice Minister Park Beom-kye recommended Kim, a long-time prosecutor, for the position of Prosecutor General after Yoon Seok-youl qui...
Apr.30.2021: Pair of nearly extinct crested ibises born in the wild
K-News Bulletin - April 30, 2021 01:00 - 3 minutesForty-two years after the crested ibis vanished from Korea, two birds from the endangered species were born in the wild on Tuesday. Two crested ibis chicks hatched from eggs laid by a breeding pair that was released two years ago in the Upo Wetland in Changnyeong, South Gyeongsang, county offi...
Apr.29.2021: Covid quarantine to be exempted, but only for a few
K-News Bulletin - April 28, 2021 15:00 - 5 minutesFully vaccinated people will be exempted from the mandatory 14-day quarantine after entering from abroad or coming in contact with a Covid-19 patient starting May 5 — but only if they got the shots in Korea, and not if they're coming from countries where highly contagious virus variants are prev...
Apr.28.2021: Moon meets Novavax CEO but details scarce
K-News Bulletin - April 28, 2021 00:00 - 3 minutesPresident Moon Jae-in met Novavax CEO Stanley Erck on Tuesday but revealed little about when its vaccines may be ready for Korea. It was the first time that the president held a face-to-face meeting with a vaccine pharmaceutical company CEO amid public concerns over a slow rollout of vaccines...
Apr.27.2021: Youn Yuh-jung takes home an Oscar for Korea
K-News Bulletin - April 27, 2021 02:00 - 3 minutesYoun Yuh-jung won the Oscar for Best Actress in a Supporting Role at the 93rd Academy Awards in Los Angeles on Sunday. Youn followed the milestone set by Bong Joon-ho’s “Parasite” by becoming the first Korean to ever win an Oscar for acting. Full Article: https://koreajoongangdaily.joins.com...
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