Seoul shares closed slightly higher Monday as investors digested the aftermath of the assassination attempt of former U.S. President Donald Trump over the weekend. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index rose 3.92 points, or 0.14 percent, to 2,860.92. Trade volume was moderate at 418 million shares … Read more
The South Korean baseball league announced Monday it has provided its clubs with new devices for calling pitches without needing traditional finger signals, saying they have been approved for use beginning this week. The Korea Baseball Organization (KBO) said its 10 clubs and their minor league affiliates each received on Monday three PitchCom transmitters for … Read more
Police are looking into a suspect behind an internet post threatening to go after former People Power Party chief Han Dong-hoon with a knife, officials said Monday. The Chungbuk Provincial Police Agency said it received a report of an online post titled, “I’m going after Han Dong-hoon with a knife,” on an internet community early … Read more
The Bank of Korea (BOK) said Monday that it has signed a memorandum of understanding (MOU) with Bank Indonesia to promote cross-border payments. The MOU, based on the 2022 bilateral cooperation agreement on central banking, aims to accelerate closer cooperation on the interoperability of cross-border payments, and the two central banks also seek to establish … Read more
President Yoon Suk Yeol has promoted Jeong Hye-jeon, a deputy secretary for public relations at the presidential office, as the new presidential spokesperson, his office said Monday. Jeong worked as a reporter and anchor for various newspapers, including the Chosun Ilbo and Segye Times, before working for private companies, such as McKinsey and Company. Since … Read more
Foreign Minister Cho Tae-yul met with his New Zealand counterpart, Winston Peters, on Monday and discussed ways to bolster bilateral cooperation amid burgeoning ties between North Korea and Russia, Seoul’s foreign ministry said. The luncheon meeting between Cho and Peters, who doubles as the deputy prime minister, was held in Seoul to discuss high-level exchanges, … Read more