July 3, 2024

(EDITORIAL from Korea JoongAng Daily on July 3)

The Democratic Party (DP) has crossed the line again. The majority party on Tuesday submitted a motion to impeach four prosecutors who investigated suspicious cases involving former DP leader Lee Jae-myung or the party. Two of the four prosecutors lo…

Yonhap publishes 2024 English-language almanac

Yonhap News Agency, South Korea’s key newswire, on Wednesday published its English-language yearbook to summarize major changes, events and issues that occurred in the country in 2023.

“Korea Annual 2024,” the only English-language yearbook publishe…

N.K. leader inspects munitions factory after key party meeting

North Korean leader Kim Jong-un has visited major munitions and machinery factories, calling for efforts to expand production in the overall economic sector, according to state media Wednesday.

The inspection took place Tuesday, a day after North Ko…

(LEAD) Police vow to speed up probe into deadly car crash

Police investigating the deadly car crash that killed nine people in downtown Seoul earlier this week said Wednesday they will speed up the probe as soon as the injured perpetrator’s physical condition improves.

The Seoul Namdaemun Police Station sa…

Seoul stocks close higher on hopes for Fed’s policy pivot

South Korean stocks finished higher Wednesday as investor sentiment was boosted by Federal Reserve chief Jerome Powell’s comments for a possible interest rate cut. The local currency traded weaker against the U.S. dollar.

The benchmark Korea Composi…