Latest Korea joongang daily Podcast Episodes
13.July.2021: No tip required: Robots deliver to your door
K-News Bulletin - July 13, 2021 01:00 - 2 minutesBaedal Minjok, Korea's largest food delivery app, started a robot delivery service in three apartment buildings in Yeongdeungpo District, western Seoul. For lucky residents, their meals will be delivered by Dilly Tower, a 1.08-meter tall robot with a face like an excited emoji. Woowa Brot...
12.July.2021: SsangYong Motor puts factory on the block
K-News Bulletin - July 11, 2021 15:00 - 2 minutesSsangYong Motor, the debt-laden automaker in court receivership, is selling its Pyeongtaek factory, its only facility for auto assembly. The company has been making cars there for 42 years. Both the land and the factory are being unloaded, according to an announcement Sunday by the troubled ...
09.July.2021: Nuclear research institute hacked by North for 12 days
K-News Bulletin - July 08, 2021 15:00 - 3 minutesSouth Korea's main nuclear research institute was reportedly exposed for over 12 days to hacking attacks probably by North Korea, but no important data was leaked, according to a parliamentary intelligence committee member on Thursday. People Power Party (PPP) lawmaker Ha Tae-keung, a member o...
08.July.2021: Samsung Electronics reports strong second quarter
K-News Bulletin - July 07, 2021 15:00 - 2 minutesSamsung Electronics provisionally reported a 12.5 trillion won ($11.0 billion) operating profit in the second quarter, up 53.4 percent on year, on strong demand for computer chips. It is a record for the company for a second quarter and higher than expectations. Analysts forecast second-quarter...
07.July.2021: Killer rains cut paths through southern regions
K-News Bulletin - July 07, 2021 00:00 - 3 minutesTorrential rain in the southern regions led to floods and landslides that killed at least two people Tuesday. Following some 201.5 millimeters (7.9 inches) of rainfall in Gwangyang, South Jeolla, from Monday to Tuesday morning, a landslide around 6:04 a.m. in a mountainous area of the city tor...
06.June.2021: Samsung Electronics could be hit by OECD tax plan
K-News Bulletin - July 06, 2021 00:00 - 4 minutesKorea has signed on to the global tax plan designed to rein in the tech companies and get them to pay their fair share. It is also trying to make sure its major companies don’t get caught up in the rush to tax. “We will respond thoroughly from the point of national interest,” said Finance Mi...
05.July.2021: Back to masking in Seoul as Covid cases spike
K-News Bulletin - July 05, 2021 00:00 - 6 minutesFacemasks will remain mandatory in the greater Seoul area — even for vaccinated people — due to a recent surge in virus cases. In addition, drinking will be banned outdoors after 10 p.m. in parks and riversides in Seoul, Incheon and Gyeonggi. A planned relaxation of measures has been called ...
02.July.2021: Presidential secretary Lee indicted in travel ban case
K-News Bulletin - July 01, 2021 15:00 - 3 minutesPresident Moon Jae-in's secretary for civil affairs was indicted Thursday for abuse of power for allegedly masterminding a travel ban on a top official from the previous administration. The Suwon District Prosecutors’ Office’s Criminal Department III indicted Presidential Secretary for Civil...
30.June.2021: Next extra budget will be 33 trillion won
K-News Bulletin - June 29, 2021 23:00 - 3 minutesThe government and ruling party agreed on a 33-trillion-won ($29 billion) supplementary budget, the sixth since the start of the pandemic and second this year, but the Democratic Party failed to get relief grants for all. Emergency relief grants will be given to all households except those in ...
29.June.2021: BAI head quits, possibly to run for president
K-News Bulletin - June 28, 2021 15:00 - 4 minutesChoe Jae-hyeong, head of the Board of Audit and Inspection [BAI], tendered his resignation amid speculation that he will run for president. "I concluded that it is inappropriate for me to continue serving as the chairman of the Board of Audit and Inspection amid growing speculations about my f...
28.June.2021: Only a few days left until social restrictions are lightened
K-News Bulletin - June 27, 2021 15:00 - 4 minutesStarting July 1, the Seoul metropolitan area will allow private meetings of up to six people and restaurants and bars to stay open until midnight. Most other regions will allow gatherings of up to eight people and will have no limits on businesses hours. Limits on gatherings for all regions ar...
25.June.2021: Back to college with glee and trepidation
K-News Bulletin - June 24, 2021 15:00 - 3 minutesUniversities in Korea will resume in-person classes from the upcoming fall semester, starting with small classes, laboratory courses and other kinds of instruction requiring hands-on teaching. Education Minister Yoo Eun-hye announced Thursday a phased plan to enable college students to return...
24.June.2021: Chance of Moon going to Tokyo Olympics falls to zero
K-News Bulletin - June 23, 2021 15:00 - 3 minutesThere is an "almost zero" chance that President Moon Jae-in will travel to Japan for the Olympics, government sources told the JoongAng Ilbo on Wednesday. Culture and Sports Minister Hwang Hee will go instead. “We have finalized a plan that Minister Hwang will attend the opening ceremony [on J...
26.June.2021: BOK warns of vulnerabilities, signaling rise in rates
K-News Bulletin - June 23, 2021 07:00 - 3 minutesThe Bank of Korea (BOK) warned of growing vulnerability to the financial system from mounting household debt, probably signaling a raise in interest rates. The central bank said in a regular financial stability report released Tuesday that should an unexpected economic crisis takes place, the ...
22.June.2021: Documents on South's naval vessels hacked
K-News Bulletin - June 21, 2021 15:00 - 3 minutesHackers connected to North Korea stole information about Navy vessels and submarines designed and built by Daewoo Shipbuilding & Marine Engineering, possibly including research for a domestically designed nuclear-powered submarine, according to multiple government sources on Sunday. “The targe...
21.June.2021: Remains found of firefighter killed in Coupang blaze
K-News Bulletin - June 20, 2021 15:00 - 3 minutesThe remains of a 52-year-old firefighter trapped in Coupang’s blazing warehouse in Icheon, Gyeonggi, on Thursday were found Saturday. What appeared to be the remains of firefighter Kim Dong-shik were found in the basement of Coupang’s four-story warehouse at 10:49 a.m. on Saturday – two days a...
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...
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