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Tue, May 30, 2023 | 16:53
Joining top 5 space powers
On Monday, President Yoon Suk-yeol unveiled a “future space economic roadmap,” vowing to make Korea join the top five space powers. The roadmap contains medium- to long-term plans, including mining resources on the moon in a decade and landing on Mars in 2045. The government also announced a timetable to establish a Korea Aerospace Administration (KASA) next year.
2022-11-29 16:37
Space command for USFK
U.S. Forces Korea (USFK) will incorporate a component command of the U.S. Space Force (USSF) by year's-end to tackle potential military provocations from North Korea. It will be the second space command to be established outside the U.S. mainland, following the U.S. Space Forces, Indo-Pacific, launched under the umbrella of the U.S. Indo-Pacific Command on Nov. 22.
2022-11-28 17:00
Lift ban on hallyu
China has resumed the online streaming of a South Korean movie for the first time in six years. Tencent Video, one of China's top three over-the-top (OTT) platforms, is now offering the 2018 film, “Hotel by the River,” directed by Hong Sang-soo. This marks the first time that a South Korean movie has been released on a Chinese OTT service since Beijing imposed a blanket ban o...
2022-11-28 16:45
Revive growth momentum
The country's economic outlook for next year is bleaker. Last week, the Organization for Economic Cooperation and Development (OECD) revised down its 2023 growth projection for South Korea to 1.8 percent from its previous forecast of 2.2 percent. The figure is much lower than this year's expected growth rate of 2.7 percent.
2022-11-27 17:08
Arrest of digital sex crimes suspect
A suspect identified only as “L,” who had threatened minors to produce sexually exploitative digital materials and circulated them through Telegram, was arrested in Australia last Wednesday. The suspect, a Korean man in his 20s, had lived in Australia for the last 10 years. Upon confirming his identity, police made a red notice request to Interpol and arrested L in cooperatio...
2022-11-27 16:33
Rude threat
Kim Yo-jong, the powerful sister of North Korean leader Kim Jong-un, attacked President Yoon Suk-yeol and his government Thursday, calling them “idiots” and “faithful dogs” of the United States. She also threatened Seoul saying that it has become a “target” of the North's possible military offensives.
2022-11-25 17:10
Reveal truth behind tragedy
The ruling People Power Party (PPP) and three opposition parties have launched a parliamentary investigation into the Halloween tragedy which killed at least 158 partygoers in a crowd crush in Seoul's Itaewon district on Oct. 29. Lawmakers of the rival parties should focus on laying bare the full facts behind the disaster. They should also make efforts to work out bold measur...
2022-11-24 17:12
Escalating chip war
The global semiconductor war is intensifying. Above all, China's “rise” in the chip-making industry is alarmingly fast. According to a report published by the U.S. Semiconductor Industry Association (SIA), China increased its share of the global semiconductor market to 7 percent in 2021, up from 5 percent in 2018-20. That was the result of Beijing's extensive support for Chin...
2022-11-24 16:17
Stop siding with North Korea
The United Nations Security Council (UNSC) has failed to take action against North Korea's recent missile provocations due to opposition from China and Russia. The North has fired 63 ballistic missiles this year alone, including eight intercontinental ballistic missiles (ICBMs), all in violation of UNSC resolutions. Despite 10 UNSC sessions convened so far this year to discus...
2022-11-23 17:00
Strikes amid economic gloom
The Korean Confederation of Trade Unions (KCTU) is threatening to hold a series of large strikes, vowing to expand labor rights. At a press conference held in front of the National Assembly on Tuesday, the KCTU, one of the country's two umbrella labor organizations, called for the enactment of an additional law to prevent fatal accidents at construction sites and extending th...
2022-11-23 16:45
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Top 10 Stories
1Korea eyes launch of 4th Nuri space rocket in 2025 Korea eyes launch of 4th Nuri space rocket in 2025
2Memorial Day 2023 Memorial Day 2023
3Japanese destroyer flies controversial flag as it arrives in Korea for joint drill Japanese destroyer flies controversial flag as it arrives in Korea for joint drill
4Seoul on alert over Pyongyang's imminent spy satellite launch Seoul on alert over Pyongyang's imminent spy satellite launch
5Korea's household debt-to-GDP ratio highest among 34 major economies Korea's household debt-to-GDP ratio highest among 34 major economies
6[ANALYSIS] China's ban on Micron tests Washington-Seoul alliance ANALYSISChina's ban on Micron tests Washington-Seoul alliance
7Vietnam emerges as major market for Korean chipmakers Vietnam emerges as major market for Korean chipmakers
8Korea's diplomacy put to test amid signs of thaw in US-China relations Korea's diplomacy put to test amid signs of thaw in US-China relations
9Top 20% of income earners fuel increase in Q1 consumption as pandemic ends Top 20% of income earners fuel increase in Q1 consumption as pandemic ends
10Local governments appeal to young generations through YouTube Local governments appeal to young generations through YouTube
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