Samsung Electronics’ largest labor union started its first-ever general strike on Monday. With around six-thousand participants, the National Samsung Electronics Union began a rally this morning near one of Samsung’s business sites in the city of Hwaseong in Gyeonggi-do Province and said the strike will last for three days. The union also said it aims … Read more
Meanwhile, Korean airliners carried a record number of passengers on their national and international routes during the first half of this year. Data from Seoul’s Transport Ministry show. over 47 million passengers flying to their respective destinations on board Korea’s ten airline companies UP almost 30-percent on year. Fueling the trend are low-cost carriers such … Read more
Foreign investment in the South Korean stock market reached a record high for the first half of this year. Data from the Financial Supervisory Service on Monday shows that offshore investors net purchased around 16-point-5 billion U.S. dollars worth of listed local stocks in the January to June period. This is the largest amount on … Read more
Korea’s economic progress remains moderate despite tangible gains in exports amid a number of lingering internal and external risk factors. Park Kun-woo has more on the latest assessment by a local think tank. South Korea’s overall economic improvement “remains somewhat modest,” despite exports recovering. That’s according to the Monthly Economic Trends report for July released … Read more
Heavy rainfall warnings have been issued nationwide, as monsoon rains continue soaking the country. There have been multiple reports of damage, while many people have been forced to evacuate their homes. Our Moon Hye-ryeon has the details. Torrential rain across central and southern regions of the country has resulted in a lot of flood damage. … Read more
North Korea commemorated the 30th anniversary of its founder’s death on Monday, with Kim Jong-un and other key figures in attendance at an event. State media reported that the North’s leader visited the Kumsusan Palace of the Sun where his grandfather and father’s bodies lie in state, and attended the ceremony that took place in … Read more
The South Korean Air Force is set to join a biennial multi-national exercise led by Australia, later this month. Six F-15Ks and around a hundred troops will take off from an air base in Daegu on Wednesday, to join the “Exercise Pitch Black.” During the seven-and-a-half-hour flight to an airbase in Darwin, northern Australia, the … Read more
Meanwhile, in Hawaii. South Korea’s Navy is partaking in the world’s largest multinational drill and also taking on a leadership role for the first time. Our defense correspondent Choi Min-jung is on site. The Rim of the Pacific exercise, the world’s largest international maritime drill, is currently underway in Hawaii. 29 nations, 40 surface ships, … Read more
Welcome to 9PM edition of Arirang News. I’m Kim Bo-kyoung. President Yoon Suk Yeol is heading to the U.S. today to attend the NATO summit later this week. Our Oh Soo-young spoke with a former U.S. national security official Victor Cha to hear insights on South Korea’s role in global security, especially with the alignment … Read more
(KLINGNER) Q1. President Biden, amid rising democrats’ concerns after his poor debate performance, held an interview with local media ABC News. What were the key points of discussion, and do you think it helped in quelling concerns? (LEE) Q2. President Biden is also expected to be at the center of attention at the NATO Summit … Read more
