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(LEAD) PM urges cash-strapped Taeyoung to draw up drastic self-rescue plan

SEOUL, Prime Minister Han Duck-soo on Sunday urged Taeyoung Engineering and Construction Co. to come up with a more drastic self-rescue plan to tide over its cash crunch.

Taeyoung, the 16th-largest builder in South Korea in terms of construction cap…

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(4th LD) N. Korea fires artillery shots off western coast for 3rd day: S. Korean military

SEOUL, North Korea fired some 90 artillery shots into waters off its western coast Sunday, South Korea’s military said, the latest in a series of drills near the tensely guarded western border.

The Joint Chiefs of Staff (JCS) said it detected the ar…

Read More (4th LD) N. Korea fires artillery shots off western coast for 3rd day: S. Korean military
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(3rd LD) N. Korea’s artillery shells fell near de facto maritime border: source

SEOUL, Some of the artillery shells recently fired by the North Korean military fell just above the Northern Limit Line (NLL) in the Yellow Sea, a military source said Sunday, stoking tension on the tensely guarded western border, where past naval sk…

Read More (3rd LD) N. Korea’s artillery shells fell near de facto maritime border: source
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Regulator to inspect 12 banks, brokerages over sales of derivatives linked to Hong Kong exchange

SEOUL, The financial regulator said Sunday that it will launch an investigation into sales of derivative products that track Chinese stocks listed on the Hong Kong exchange, amid concerns that such products would put investors at risk of posting heav…

Read More Regulator to inspect 12 banks, brokerages over sales of derivatives linked to Hong Kong exchange
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Busan to open K-pop high school in 2028

SEOUL, A high school specializing in educating students on K-pop and related performances will open in the southeastern port city of Busan, the city’s education authorities said Sunday.

The Busan Metropolitan City Office of Education said it will pu…

Read More Busan to open K-pop high school in 2028
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GS25 convenience stores grow rapidly in Mongolia, Vietnam

SEOUL, GS25 said Sunday it has strengthened its presence in Mongolia and Vietnam in recent years by aggressively expanding its outlets.

GS Group’s convenience store chain entered the Vietnamese and Mongolia markets in January 2018 and May 2021, resp…

Read More GS25 convenience stores grow rapidly in Mongolia, Vietnam
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Seventeen, NewJeans win grand prizes at Golden Disc Awards

SEOUL, Boy group Seventeen and girl group NewJeans have secured top honors in the album and digital song categories at this year’s Golden Disc Awards, one of the most prestigious awards in the K-pop industry.

Seventeen claimed the Album of the Year …

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(CES) Samsung Display to show off versatile lineup of foldable displays

LAS VEGAS, Samsung Display Co., a screen-making affiliate of Samsung Electronics Co., on Saturday unveiled a lineup of various foldable displays tailored for mobile and other applications ahead of the opening of CES 2024.

The company said it will ho…

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S. Korea, U.S., Japan condemn N.K. nuke program, note China’s ‘unlawful’ South China Sea claims

WASHINGTON, South Korea, the United States and Japan condemned North Korea’s nuclear and missile programs and pointed out China’s “unlawful” claims in the South China Sea during the inaugural meeting of their trilateral Indo-Pacific dialogue this wee…

Read More S. Korea, U.S., Japan condemn N.K. nuke program, note China’s ‘unlawful’ South China Sea claims
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Samdech Techo Hun Sen: January-7 Spirit Engraved in All Cambodians’ ConscienceMorning temperatures to fall as low as minus 15 C Monday

The January-7 spirit is engraved in the conscience of all Cambodians and has become a force of great national unity to build and defend the heroic homeland, which makes the Cambodian nation move from one victory to another non-stop.

The remarks were…

Read More Samdech Techo Hun Sen: January-7 Spirit Engraved in All Cambodians’ ConscienceMorning temperatures to fall as low as minus 15 C Monday