As the won-to-U.S. dollar exchange rate inches closer to the 1-thousand-500 won level, the average exchange rate for the fourth quarter of this year also jumped to the highest level since the 2009 financial crisis. According to the Bank of Korea on Tuesday, the average won to U.S. dollar exchange rate, based on the daily … Read more
On top of the concrete wall, the question of excessive usage of the plane for profitability has been raised. According to industry sources, the plane operated 13 flights in 48 hours prior to the tragedy. Lee Seung-jae has more. Following the Jeju Air passenger plane crash that killed 179 people on Sunday, questions have been … Read more
And all eyes are on what factors played a key role in such a high death toll. One being looked at is the concrete wall that the plane smashed into. Choi Min-jung reports. Last Sunday, a Jeju Air plane crashed into a concrete wall after skidding off the runway at Muan International Airport during a … Read more
South Korea’s annual consumer inflation slowed to the mid-two percent range this year, marking a more subdued pace compared to 2023. Data from Statistics Korea on Tuesday showed that the consumer price index – a measure of inflation – rose by 2-point-3 percent year-on-year. This is the lowest rate since the onset of the COVID-19 … Read more
Welcome to Within The Frame, where we bring you today’s most pressing issues across the globe, I’m Kim Mok-yeon. As the world faces complex geopolitical challenges, the outcome of the U.S. presidential election has added uncertainty to the global stage. With Donald Trump’s return to power in January, both domestic and international shifts are expected, … Read more
Skies were murky today throughout the country. The temperatures stayed above the norms and it was as warm as early March. For the time being, temperatures will exceed the previous year’s without any severe cold. Some areas have been seeing some occasional rain or snow. Up to 5 centimeters of snow will accumulate in Gangwon-do … Read more
It has been a year of ups and downs, not just here in Korea, but around the globe, particularly in the political arena. Looking back on 2024, earlier, I had a chance to talk to correspondents for Voice of America, Mainichi Newspaper and Le Monde. Take a look. 1. President-elect Trump must be busy leading … Read more
Authorities are now seeking an arrest warrant for President Yoon Suk Yeol , as he shunned a third summons for questioning with regard to his brief imposition of martial law. Our correspondent Kim Do-yeon covers this unprecedented event. For the first time ever, an arrest warrant is being reviewed for a sitting president. The warrant … Read more
Aside from what looks to be a plane malfunction, the country is seeking answers to what caused so many deaths. While some are blaming the runway and the concrete wall at the airport, others warn against drawing conclusions too quickly. Our Lee Shi-hoo reports. A bird strike, and a failure of the plane’s landing gear … Read more
Hello and welcome to Press Perspective for this Monday December 30th here in Seoul. I’m Min Sunhee. A Jeju Air flight arriving from Bangkok skidded down the runway at Muan International Airport in southern Korea a little after nine Sunday morning before crashing into a concrete barrier and bursting into flames. For more on this … Read more
