SEOUL, Aug. 14 (Korea Bizwire) – South Korea’s nuclear safety commission on Thursday approved the restart of the Shin-Hanul 2 reactor, which had been shut down for maintenance following two malfunctions earlier this year. The Nuclear Safety and Security Commission authorized the reactor to reach a “criticality” level, enabling the resumption of operations after repairs [...]
SEOUL, Aug. 14 (Korea Bizwire) — President Lee Jae Myung on Thursday vowed to address long-standing grievances of Korean women forced into sexual slavery for the old Japanese army during World War II, saying that he would spare no efforts to restore the victims’ “honor and dignity.” According to historians, up to 200,000 women, mostly [...]
SEOUL, Aug. 14 (Korea Bizwire) — The nominee to head the country’s antitrust watchdog, the Fair Trade Commission, pledged Thursday to make every effort to create a fair and healthy market environment. Ju Biung-ghi, an economics professor at Seoul National University, made the remarks upon arriving at the office of his confirmation hearing preparation team, [...]
SEOUL, Aug. 14 (Korea Bizwire) — Korean Air Co. said Thursday it has completed the first stage of a large-scale lounge renewal project at Incheon International Airport, introducing redesigned spaces to enhance the preflight experience for customers. The overhaul at the airport, South Korea’s main gateway west of Seoul, includes the fully renovated Miler Club [...]
SEOUL, Aug. 14 (Korea Bizwire) — Lee Jung-hoo of the San Francisco Giants maintained his hold on second place on the major league triples leaderboard. The South Korean player recorded his 10th triple of the season in a 1-11 loss to the San Diego Padres at Oracle Park in San Francisco, California, on Wednesday (local [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea will hold a ceremony this week commemorating President Lee Jae Myung’s recent election and the 80th anniversary of Liberation Day, the interior ministry said Wednesday. The special ceremony symbolizing Lee’s appointment by the people will take place at Gwanghwamun Square in downtown Seoul on Friday in a [...]
SEOUL, Aug. 13 (Korea Bizwire) — President Lee Jae Myung and Saudi Crown Prince Mohammed bin Salman agreed to further strengthen the two countries’ cooperation as they held phone talks Wednesday, Lee’s office said. In their first phone call since Lee’s inauguration in June, the two leaders noted bilateral cooperation has expanded beyond the traditional [...]
SEOUL, Aug. 13 (Korea Bizwire) — A lawyer who previously defended President Lee Jae Myung in his corruption trials was nominated as the new chief of South Korea’s financial watchdog Wednesday. The Financial Services Commission (FSC) said it nominated lawyer Lee Chan-jin as the new governor of the Financial Supervisory Service (FSS) in an extraordinary [...]
SEOUL, Aug. 13 (Korea Bizwire) — Heavy rain alerts were issued in some parts of the nation Wednesday, with downpours of around 150 millimeters per hour forecast for the greater Seoul region until the following day, the weather agency said. More than 100 mm of torrential rain pounded the Seoul metropolitan area, with 149.2 mm [...]
SEOUL, Aug. 13 (Korea Bizwire) — President Lee Jae Myung nominated new education and gender equality ministers as well as the heads of the nation’s corporate watchdog and financial regulator Wednesday, the presidential office said. Choi Kyo-jin, superintendent of the Sejong City Office of Education, was named education minister, presidential chief of staff Kang Hoon-sik [...]