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(2nd LD) Korean won dips to lowest level since 2008 financial crisis amid Trump tariff woes
(ATTN: RECASTS headline, lead with latest; ADDS more info in paras 2-5)SEOUL, April 9 (Yonhap) -- The South Korean currency sank to the lowest level in 16 years against the U.S. dollar Wednesday as investors fret about the impact of the U.S.' swe
General
Court grants bail for ex-lawmaker, political broker in election nomination scandal
CHANGWON, South Korea, April 9 (Yonhap) -- A local court on Wednesday granted bail to a former five-term lawmaker of the People Power Party and a self-proclaimed power broker at the center of an election nomination scandal.The Changwon District Court
General
Banks to offer English mobile apps, documents for foreign residents
SEOUL, April 9 (Yonhap) -- South Korean banks will offer English mobile applications and documents this year to help foreign residents get better access to banking services and reduce their inconvenience, the financial watchdog said Wednesday.Accordi
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Seoul Mayor Oh Se-hoon to declare presidential bid Sunday
SEOUL, April 9 (Yonhap) -- Seoul Mayor Oh Se-hoon will announce his presidential bid for the June 3 election this weekend, officials said Wednesday.On Sunday, Oh will declare his bid for the upcoming presidential election, triggered by the ouster of
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Assembly speaker drops nat'l referendum proposal on presidential poll day
SEOUL, April 9 (Yonhap) -- National Assembly Speaker Woo Won-shik on Wednesday withdrew his earlier proposal to hold a national referendum on constitutional amendments concurrently with the June 3 presidential election.Woo proposed on Sunday that the
General
Malaria advisory issued for troops serving near inter-Korean border
SEOUL, April 9 (Yonhap) -- The defense ministry issued a malaria advisory Wednesday for troops serving near the border with North Korea, citing new cases involving those who had been stationed in border areas.The joint advisory with the Korea Disease
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(News Focus) 6 months into troop deployment to Russia, N. Korea rewarded with key military tech, economic aid
SEOUL, April 9 (Yonhap) -- Around six months after deploying its troops to support Russia's war against Ukraine, North Korea appears to have lost thousands of young men but received rare military technology and economic aid as a reward to potenti
General
Trump's 'reciprocal' tariffs on S. Korea, other 'worst offenders' take effect
By Song Sang-hoWASHINGTON, April 9 (Yonhap) -- The United States' "reciprocal" tariffs, including 25 percent duties for South Korea, went into effect Wednesday, as America's trading partners are seeking to negotiate a deal to redu
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New Constitutional Court justice vows to rule only based on constitutional principles
SEOUL, April 9 (Yonhap) -- Ma Eun-hyuk, a new Constitutional Court justice, vowed Wednesday to uphold constitutional principles, while dismissing concerns raised by the conservative bloc about his "ideological bias."Ma made the remarks du
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Gyeonggi governor declares presidential bid
SEOUL, April 9 (Yonhap) -- Gyeonggi Gov. Kim Dong-yeon, who formerly served as the finance minister, declared his presidential bid on Wednesday, saying he has the experience and know-how to cope with the crisis faced by the Korean economy.Kim made th
General
S. Korea to prioritize lowering tariffs rates in U.S. negotiations: official
SEOUL, April 9 (Yonhap) --South Korea will prioritize efforts to lower tariff rates in upcoming negotiations with the United States, a senior official said Wednesday, as Washington prepares to slap a 25 percent levy on imports from Seoul.The remarks
General
(LEAD) DP leader Lee resigns from party chairmanship to run for president
(ATTN: UPDATES in paras 3-7, ADDS photo) SEOUL, April 9 (Yonhap) -- Democratic Party (DP) leader Lee Jae-myung stepped down from the party chairmanship Wednesday to run for president in the June 3 election, triggered by the ouster of former President
General
DP leader Lee resigns from party chairmanship to run for president
SEOUL, April 9 (Yonhap) -- Democratic Party (DP) leader Lee Jae-myung stepped down from the party chairmanship Wednesday to run for president in the June 3 election, triggered by the ouster of former President Yoon Suk Yeol.Lee, considered a front-ru
General
Labor activist-turned-conservative politician announces bid for president
SEOUL, April 9 (Yonhap) -- Kim Moon-soo, a former labor activist-turned-conservative politician, on Wednesday officially announced his candidacy for president for the June 3 election.The former labor minister declared his presidential bid for the ele
General
(2nd LD) S. Korea adds nearly 200,000 jobs in March; yet construction, manufacturing sectors decline
(ATTN: ADDS more info throughout, photo)By Kim Han-jooSEOUL, April 9 (Yonhap) -- South Korea added nearly 200,000 jobs in March, but employment in the construction and manufacturing sectors continued to decline, data showed Wednesday.The number of em
General
Regulator to ease rules on IBs for more active role in corporate financing
SEOUL, April 9 (Yonhap) -- The financial regulator said Wednesday that it will revamp rules on investment banks (IBs) in order to encourage them to increase investments in smaller firms and risky but profitable assets.According to the Financial Servi
General
(LEAD) Korean won falls further to below 1,480 won mark amid Trump tariff woes
(ATTN: RECASTS lead with more details; ADDS more info in last 4 paras)SEOUL, April 9 (Yonhap) -- The South Korean currency opened markedly lower against the U.S. dollar Wednesday, falling below the 1,480 won mark, as the Donald Trump administration
General
Korean won falls further to below 1,480 won mark amid Trump tariff woes
SEOUL, April 9 (Yonhap) -- The South Korean currency opened markedly lower against the U.S. dollar Wednesday, falling below the 1,480 won mark amid fears of an impact from the Donald Trump administration's sweeping tariffs on the local economy.Th
General
S. Korea launches research on maglev propulsion tech for envisioned Hypertube train
SEOUL, April 9 (Yonhap) — South Korea has initiated a new research project aimed at developing magnetic levitation propulsion technology for an envisioned next-generation high-speed train system called the Hypertube, the government said Wednesday.The
Wednesday's weather forecast
General
SEOUL, April 9 (Yonhap) -- The following is the for South Korea's 12 major cities at 9:01 a.m. Wednesday.Temperature (C)ConditionPossibilityHigh/Lowof Rain (%)Seoul18/08Sunny60Incheon15/08Sunny60Suwon17/06Sunny60Cheongju21/07Sunny60Daejeon21/06S
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