July 31, 2024

(EDITORIAL from Korea JoongAng Daily on July 31)

The presidential office on Tuesday announced a plan to establish an office for first lady Kim Keon-hee to guide the role as the wife of the president. The announcement came nearly at the halfway point of Yoon Suk Yeol’s presidency – and five months a…

(EDITORIAL from Korea Times on July 31)

Online commerce woes

Korea’s e-commerce sector requires sound governance, stricter management

After several weeks of crisis caused by delayed payments on Qoo10’s two e-commerce platforms, TMON and WeMakePrice, both the Korean government and the fou…

Seoul shares spike over 1 pct on tech gains amid rate cut hopes

Seoul shares ended sharply higher Wednesday on tech gains amid expectations that the U.S. Federal Reserve may begin a rate cutting cycle within months. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOS…

China, Russia vying for influence over N. Korea: Campbell

China and Russia are competing for influence over North Korea while Beijing is “anxious” over Moscow’s steps to deepen cooperation with Pyongyang, a senior U.S. diplomat said Tuesday, touting America’s “deeper” partnerships with its allies and partne…

(Olympics) S. Korea finishes 6th in men’s freestyle relay

South Korea finished sixth in its first-ever final of an Olympic swimming relay race on Tuesday, unable to overcome an early gap.

The team of Yang Jae-hoon, Lee Ho-joon, Kim Woo-min and Hwang Sun-woo posted a time of 7:07.26 in the men’s 4×200-meter…