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CPO FUTURES CLOSE LOWER ON CONCERNS OVER RISING OUTPUT, WEAKER SOYBEAN OIL PRICES

July 12, 2024

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday, reversing earlier gains as concerns over rising output and weaker soybean oil prices dragged sentiment in the market, said palm oil trader David Ng.

‘Cur…

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Defense chief vows to strengthen solidarity with France

July 12, 2024

Defense Minister Shin Won-sik vowed Friday to strengthen solidarity with France and other countries that share common values at an event commemorating France’s national day, his office said.

Shin made the pledge during the Bastille Day ceremony orga…

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DP launches task force to prevent anti-Pyongyang leafleting campaign

July 12, 2024

The main opposition Democratic Party (DP) on Friday launched a task force to prevent activists in South Korea from sending anti-Pyongyang leaflets to North Korea.

The DP will also propose a bill that bans the distribution of leaflets in a measure in…

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S. Korea cannot immediately ratify optional protocol to U.N. anti-torture convention: ministry

July 12, 2024

South Korea cannot immediately ratify the Optional Protocol to the U.N. Convention Against Torture because it may conflict with domestic law, the justice ministry said Friday.

The country delivered the position during a U.N. meeting held in Geneva, …

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Knife attacker of opposition leader Lee appeals 15-yr prison sentence

July 12, 2024

The knife attacker of opposition leader Lee Jae-myung has appealed the 15-year prison term he received for the January stabbing in Busan that left Lee hospitalized, saying the punishment is too heavy.

The Busan District Court sentenced the 67-year-o…

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