SEOUL, Dec. 10 (Korea Bizwire) — A Seoul court is set to decide Tuesday whether to issue an arrest warrant for former Defense Minister Kim Yong-hyun on treason charges related to President Yoon Suk Yeol’s martial law declaration in what would be the first court judgment on the case. Kim is suspected of having colluded [...]
SEOUL, Dec. 10 (Korea Bizwire) – Taihan Cable & Solution Co., South Korea’s second-biggest cable company, said Tuesday it has received a 110 billion-won (US$76.8 million) high-voltage cable order from Sweden. Under the deal with Sweden’s state-run electricity transmission system operator, Svenska kraftnat, Taihan Cable will supply 420 kilovolt cables and other equipment to Sweden’s [...]
SEOUL, Dec. 10 (Korea Bizwire) — A South Korean national residing in Australia traveled to North Korea and met with two nephews in October in the first privately arranged separated families reunion in five years, the South Korean unification ministry said Tuesday. The 80-something person, who also holds Australian citizenship, reported the North Korean trip [...]
SEOUL, Dec. 10 (Korea Bizwire) — The chief of the military’s Defense Intelligence Command has been suspended from his duty Tuesday, the defense ministry said, the latest in a spate of suspensions of military commanders in the aftermath of a botched martial law declaration. “The defense ministry has transferred Army Maj. Gen. Moon Sang-ho, chief [...]
SEOUL, Dec. 10 (Korea Bizwire) — The leader of the main opposition party said Tuesday his party would pass the downsized budget bill for next year through a plenary session later in the day, adding that passage of the budget bill could help ease political uncertainties triggered by President Yoon Suk Yeol’s botched martial law [...]
SEOUL, Dec. 10 (Korea Bizwire) — New installations of global messaging app Telegram have spiked in South Korea, data showed Tuesday, as concerns brewed over possible media censorship following the martial law fiasco. The number of new Telegram installations came to 40,576 cases last Tuesday, according to data compiled by industry tracker IGAWorks, the day President [...]
SEOUL, Dec. 10 (Korea Bizwire) — Prosecutors on Tuesday called in the chief of the military’s counterintelligence command to question him over his role in the botched martial law declaration last week, officials said. The special investigation team handling the martial law case brought Yeo In-hyung, the commander of the Defense Counterintelligence Command (DCC), to [...]
SEOUL, Dec. 10 (Korea Bizwire) — Prime Minister Han Duck-soo made a plea to political leaders and civil society to make efforts to stabilize state affairs and unite the nation to address political turmoil triggered by President Yoon Suk Yeol’s botched martial law declaration. Han made the remark during the first Cabinet meeting held after [...]
SEJONG, Dec. 10 (Korea Bizwire) – South Korea’s industry ministry held a meeting Tuesday with the nation’s five power generation firms to explore ways to use the infrastructure of coal plants slated for shutdown in line with the country’s green energy policy. The meeting came amid growing concerns that the closure of coal plants could [...]
SEJONG, Dec. 10 (Korea Bizwire) — South Korea’s trade ministry said Tuesday it will work closely with related government agencies and local businesses to avoid any disruptions in preparing for the launch of the new U.S. administration amid ongoing domestic political turmoil. Trade Minister Cheong In-kyo discussed such strategies with trade and international relations experts [...]