SEOUL, May 26 (Yonhap) -- Moody's Investors Service on Thursday forecast South Korea economy will grow 2.5 percent this year, 0.2 percentage point lower than its previous outlook. The credit ratings agency revised its forecast, citing risks from ri

(ATTN: ADDS more info in last 3 paras) SEOUL, May 26 (Yonhap) -- President Yoon Suk-yeol on Thursday presided over his first regular Cabinet session in the administrative city of Sejong, calling on ministers to make efforts for balanced regional develo

By Yoo Jee-ho SEOUL, May 26 (Yonhap) -- The joint winners of this year's Premier League Golden Boot award will square off in South Korea next month. South Korea will host Egypt at 8 p.m. on June 14 at Seoul World Cup Stadium, the Korea Football Asso

SEOUL, May 26 (Yonhap) -- Starbucks Korea said Thursday it has opened its first store inside a subway station in Seoul as part of its expansion strategy in Asia's fourth-largest economy. The new branch opened on May 12 inside Gangnam station in a po

(ATTN: ADDS more details in paras 3, 6-9) SEOUL, May 26 (Yonhap) -- The Constitutional Court ruled Thursday that the lawyers' code of conduct banning them from joining online legal counseling platforms, such as LawTalk, is unconstitutional, a decision

SEOUL, May 26 (Yonhap) -- Shinsegae Group, a major South Korean retailer, said Thursday it will invest 20 trillion won (US$15.8 billion) over the next five years in its outlet expansion, digitalization and new growth engines. Of the total investmen

SEOUL, May 26 (Yonhap) -- The state-run Korea Development Bank (KDB) said Thursday it issued US$300 million worth of dollar-denominated global bonds for investors in Asia and Europe. The bonds are due in three years with 3.125 percent yields per ye

SEOUL, May 26 (Yonhap) -- The Constitutional Court on Thursday ruled in favor of the country's penal law that criminalizes workers, who undertake illegal labor strikes, on the grounds that such strikes obstruct business. The court delivered the rul

SEOUL, May 26 (Yonhap) -- President Yoon Suk-yeol visited the Korea Disease Control and Prevention Agency (KDCA) on Thursday and called for the establishment of a scientific response system ahead of the potential resurgence of COVID-19 in the fall and

The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ----------------- Court rules aggravated punishment for repeat DUI offenses unconstitutional SEOUL -- The Constitutional Court ruled Thursday that a la

SEOUL, May 26 (Yonhap) -- South Korea plans to sell 12 trillion won (US$9.5 billion) in government bonds next month, the finance ministry said Thursday. The ministry will issue 1 trillion won in Treasurys with a two-year maturity, 2.2 trillion won i

(ATTN: ADDS bond yields at bottom, photo) SEOUL, May 26 (Yonhap) -- The South Korean stock market ended lower Thursday over the gloomy outlook for inflation and concerns over aggressive monetary tightening. The local currency fell against the U.S. doll

Today (%) Previous Session(%) Change (BP) 1-year TB 2.129 2.091 +3.8 2-year TB 2.719 2.700 +1.9 3-year TB 2.955

SEOUL, May 26 (Yonhap) -- South Korea's Air Force will participate in an Australia-led multinational military exercise set to begin in August, its officials said Thursday, as Seoul seeks to sharpen deterrence against evolving North Korean threats. T

By Kim Han-joo SEOUL, May 26 (Yonhap) -- The Constitutional Court ruled Thursday that a law calling for aggravated punishment against repeated offenses of drunk driving or refusing field sobriety testing is unconstitutional. The nine-justice panel m

SEOUL, May 26 (Yonhap) -- The South Korean stock market ended lower Thursday over the gloomy outlook for inflation and concerns over aggressive monetary tightening. The local currency fell against the U.S. dollar. The Korea Composite Stock Price Ind

SEOUL, May 26 (Yonhap) -- Samsung Electronics Co. and SK hynix Inc. took up more than half of the global NAND flash memory chip market in the first quarter, a report showed Thursday, up by more than 8 percent from the previous quarter. Samsung, the

(ATTN: UPDATES with more details in paras 5, 16-17; ADDS image) SEOUL, May 26 (Yonhap) -- South Korea's working-age population is expected to plunge 35 percent over the next 30 years amid the record low birthrate and rapid aging, a government estimate

(ATTN: UPDATES with details throughout) SEOUL, May 26 (Yonhap) -- POSCO Group said Thursday it will invest 53 trillion won (US$41.8 billion) over the next five years to transform its steel plants into environment-friendly facilities and invest in batte

SEOUL, May 26 (Yonhap) -- First lady Kim Keon-hee plans to pay a visit to the wife of late former President Roh Moo-hyun at her home in the southeastern village of Bongha, officials close to Kim said Thursday. "First lady Kim is planning to visit B

SUWON, South Korea, May 26 (Yonhap) -- Having landed in the South Korean women's football league for the first time, former Chelsea star Ji So-yun is determined to bring a new order to the competition. Ji ended a successful eight-year run with Chels

AMOREPACIFIC 154,500 DN 2,500 FOOSUNG 25,600 0 SK Innovation 207,000 UP 2,000 POONGSAN 30,050 DN 50 KBFinancialGroup 59,200 DN 400 Hansae 21,950 DN 400 BNK Finan

DWEC 6,410 DN 130 KT&G 85,100 UP 200 Doosan Enerbility 20,000 DN 50 Doosanfc 36,550 UP 50 LG Display 17,150 DN 50 Kangwonland 26,950 DN 100 NAVER

LOTTE CHEMICAL Corp 196,500 UP 1,500 HMM 32,600 UP 300 HYUNDAI WIA 63,300 DN 300 IS DONGSEO 48,600 DN 150 KumhoPetrochem 154,500 0 Mobis 201,000 DN 1,500 HANWHA AE

DB INSURANCE 64,000 DN 500 SamsungElec 65,900 DN 500 NHIS 10,450 UP 50 DongwonInd 241,000 UP 2,000 SK Discovery 38,000 0 LS 58,800 DN 300 HYUNDAI H

SEOUL, May 26 (Yonhap) -- Thursday's closing prices (KRW) of KOSPI 200 stocks traded on the main Korea Stock Exchange. GCH Corp 21,350 UP 800 HyundaiMtr 184,000 UP 500 AmoreG 43,100 DN 250 SGBC

SEOUL, May 26 (Yonhap) -- The Constitutional Court ruled Thursday that the lawyers' code of conduct banning them from joining online legal counseling platforms, such as LawTalk, is unconstitutional, a decision expected to bring sweeping changes to how

SEOUL, May 26 (Yonhap) -- President Yoon Suk-yeol's pick to head the health ministry is recognized for her expertise in the field of medicine. Health Minister nominee Kim Seung-hee served as chief of the Ministry of Food and Drug Safety in 2015 and 201

SEOUL, May 26 (Yonhap) -- The prices of diesel and gasoline in South Korea both climbed to over 2,000 won (US$1.58) per liter on Thursday on a continued tight global supply, industry data showed. The average retail price of diesel fuel had risen 0.

SEOUL, May 26 (Yonhap) -- POSCO Group said Thursday it will invest 53 trillion won (US$41.8 billion) over the next five years to transform its steel plants into environment-friendly facilities and invest in new technologies. The South Korean steel

SEOUL, May 26 (Yonhap) -- South Korea plans to sell 4 trillion won (US$3.15 billion) worth of Treasury bills next month to finance the government's fiscal spending, the finance ministry said Thursday. The bills, which have a maturity of 63 days, will

SEOUL, May 26 (Yonhap) -- South Korea, the United States and Japan condemned North Korea's latest ballistic missile launches in high-level consultations Thursday and agreed to step up trilateral cooperation in dealing with the issue, Seoul's foreign mi

(ATTN: UPDATES throughout with views by S. Korean gov't official, expert) By Song Sang-ho SEOUL, May 26 (Yonhap) -- North Korea's state media outlets kept mum Thursday on the nation's latest ballistic missile launches, including an apparent intercontin

SEOUL, May 26 (Yonhap) -- South Korea's military reported 1,024 additional COVID-19 cases Thursday, raising the total caseload among its service members to 157,227, the defense ministry said. Of the new cases, 796 are from the Army, 89 from the Air

By Yoo Jee-ho SEOUL, May 26 (Yonhap) -- The defending South Korean baseball champions KT Wiz announced Thursday they have signed a new outfielder, Anthony Alford. The Wiz acquired the former major league outfielder for US$577,000 for the rest of thi

SEOUL, May 26 (Yonhap) -- GS Group, South Korea's eighth-largest conglomerate by assets, said Thursday it will spend 21 trillion won (US$16.5 billion) over five years to boost its clean energy businesses, such as small-sized nuclear reactors and hydrog

SEOUL, May 26 (Yonhap) -- President Yoon Suk-yeol on Thursday presided over his first regular Cabinet session in the administrative city of Sejong, calling on ministers to make efforts for balanced regional development. "All of our people, regardle

May 27 1966 -- The Japanese government returns some 1,300 cultural properties to Korea that were sent to Japan during the colonial period. 1968 -- The first S. Korea-U.S. defense ministers' talks begin in Washington. 2008 -- South Korea and

SEOUL, May 26 (Yonhap) -- The number of big foreign investors in South Korean stocks has tumbled nearly 30 percent over the past six years, a corporate tracker said Thursday, in a sign the local bourse is increasingly losing its appeal amid a lack of t

(ATTN: ADDS Gov. Rhee's comments, more info throughout) SEOUL, May 26 (Yonhap) -- South Korea's central bank hiked its key policy rate by a quarter percentage point Thursday, as it predicted inflation in 2022 could hit the highest level in 14 years ami

(ATTN: UPDATES with more info in 8th para) By Kim Han-joo SEOUL, May 26 (Yonhap) -- The Supreme Court on Thursday finalized a 1 1/2-year prison term for Seungri, the disgraced former member of K-pop boy band BIGBANG, on prostitution mediation, overseas

The following is the first summary of major stories moved by Yonhap News Agency on Thursday. ----------------- (2nd LD) U.N. council to vote on N. Korea sanctions Thursday: report NEW YORK/ WASHINGTON -- The United Nations Security Council plans

(ATTN: RECASTS throughout with company's statement; CHANGES headline) SEOUL, May 26 (Yonhap) -- South Korea's first commercial Earth observation satellite has successfully entered into an orbit and communicated with its ground control station, Hancom I

SEOUL, May 26 (Yonhap) -- South Korea's working-age population is expected to plunge 35 percent over the next 30 years amid the record low birthrate and rapid aging, a government estimate showed Thursday. The working-age population, or people aged 1

SEOUL, May 26 (Yonhap) -- Employment of wage workers in South Korea grew at a slower clip in the fourth quarter of 2021 compared with three months earlier amid the prolonged COVID-19 pandemic, data showed Thursday. The number of paid employee jobs c

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