SEOUL, April 6 (Korea Bizwire) – Former President Park Geun-hye was sentenced to 24 years in prison and 18 billion won in fine on Friday in a massive corruption scandal that toppled her from power early last year. In a live televised trial, the Seoul Central District Court meted out the guilty verdict for the 66-year-old former leader, about a year after her arrest in late March of 2017. [...]
SEOUL/CHILGOK, South Korea, April 5 (Korea Bizwire) – A South Korean fighter jet crashed into a mountain in a southern region Thursday, leaving two pilots missing, the Air Force said. The F-15K Slam Eagle crashed at around 2:38 p.m. in Chilgok, North Gyeongsang Province, on its way back to the Daegu Air Base after an hourlong mission, according to [...]
SEOUL, April 5 (Korea Bizwire) – A Seoul court on Thursday turned down another injunction filed by former President Park Geun-hye against a court decision to allow the live broadcast of her sentencing hearing set for the following day. The Seoul Central District Court dismissed the request, saying it does not constitute grounds for reconsideration. This is the second injunction rejected by the court regarding the high-profile bribery and corruption trial of the ousted [...]
SEOUL, April 1 (Korea Bizwire) – China will end what are believed to be retaliatory measures over South Korea’s deployment of a U.S.-developed missile shield in the near future, a top Chinese official said Friday. Chinese President Xi Jinping’s envoy, State Councilor Yang Jiechi, made the remarks during his meeting with South Korean President Moon Jae-in in Seoul. “China places great importance on matters of [...]
SEOUL, Mar. 29 (Korea Bizwire) — Savvy social media use can lead candidates to victory come election time, according to a new study. The new report released by the National Assembly Research Service revealed that President Moon Jae-in used live broadcasting features on social media much more than other candidates during his victorious campaign in [...]
SEOUL, March 28 (Korea Bizwire) – A prominent liberal politician on Wednesday withdrew his bid for the June Seoul mayoral election and quit politics over allegations that he sexually harassed a young woman seven years ago. Chung Bong-ju, 57, exited the crowded race shortly after the alleged victim unveiled a fresh piece of evidence to [...]
SEOUL, March 26 (Korea Bizwire) – South Korea’s Navy conducted a sea exercise in the East Sea Monday on the eighth anniversary of a deadly torpedo attack by North Korea, a defense official said. More than 10 warships were mobilized, along with aircraft, while exercises in the Yellow Sea and the South Sea were canceled due to bad weather. The Navy’s [...]
SEOUL, Mar. 23 (Korea Bizwire) — Former President Lee Myung-bak spent the early hours of Friday alone in a cell at a Seoul detention center after his arrest on corruption charges. Late Thursday night, a Seoul court approved an arrest warrant for Lee on charges that include bribery, embezzlement, tax evasion and abuse of power. [...]
SEOUL, March 21 (Korea Bizwire) – South Korea and the United States will stage an annual joint air combat exercise in Korea after the Foal Eagle field training in April, a defense official said Wednesday. The Max Thunder drill will be held for two weeks from May 11, involving more than 100 Air Force jets of the allies. “It will take place this [...]
SEOUL, March 20 (Korea Bizwire) — A Seoul court said it will hold a hearing Thursday to determine whether to issue an arrest warrant for former President Lee Myung-bak, who is accused of a dozen corruption charges, including bribery, embezzlement and abuse of power. The Seoul Central District Court said Tuesday it will begin the [...]