First day of Nat’l Assembly’s Q&A session failed to resume due to clashes between rival parties

The National Assembly began its three-day interpellation of the Yoon administration’s policies on Tuesday. The first day ended with sparring between rival party lawmakers. Our political correspondent Shin Ha-young has more. Marking the 22nd National Assembly’s first government question-and-answer session on Tuesday, political matters, as well as diplomacy and security, took center stage. Among the … Read more

[FULL] AI HEADLINE NEWS 22:00 (2024-07-02)

▪ [AI] Torrential rain soaking much of S. Korea to continue until Wed. ▪ [AI] S. Korea dismisses N. Korea’s claims on successful test launch of 4.5-ton ‘super-large’ warhead ▪ [AI] Military carries out live-fire artillery drills near border for first time in 6 years ▪ [AI] S. Korea’s consumer prices up 2.4% y/y in … Read more

Heavy rain hits S. Korea on Tuesday

Good evening. Welcome to the 9PM edition of Arirang News. I am Kim Bo-kyoung. We start with torrential rain that has been pounding the country. The rain is expected to continue until tomorrow. Our Choi Soo-hyung starts us off. As the monsoon season begins in South Korea, officially on Jeju Island two weeks ago, there … Read more

[Weather] Heavy rain all over the country

Unlike yesterday, rain is pouring all over the country today. This rain is expected to remain strong and heavy. As for the amount of rain, up to 120 millimeters is expected in Gangwon-do and northern Gyeonggi-do provinces and more than 100 in the Seoul metropolitan area. Up to 80 millimeters is also expected in the … Read more

[The Interview] Fmr. IMF First Deputy Managing Director gives her take on S. Korea’s economy, importance as financial hub

In our latest interview segment one of the world’s most accomplished economists has called on Korea to avoid polices that seek to prevent inevitable market developments and to focus instead on economic flexibility and the fostering of its immigrant workforce. Our Park Kun-woo has more. South Korea has seen on-year increases in exports for 9 … Read more

BTS’ Jin to participate as torchbearer in 2024 Paris Olympics

The eldest member of K-pop boy band sensation BTS, Jin, will reportedly be a torchbearer at the 2024 Paris Summer Olympics. He will depart for France shortly to participate in the torch relay for the Olympics, while the exact location and schedule have not been disclosed yet. After carrying the torch in the Olympics, as … Read more

S. Korea’s minimum wage once again to be not differentiated by sector

South Korea’s minimum wage will not be differentiated by sector. The decision was made on Tuesday by the Minimum Wage Commission consisting of representatives from businesses, labor, and the general public with 11 voting for wages to be differentiated by sector and 15 voting against it. The business sector argued that it has been difficult … Read more

S. Korea’s consumer prices up 2.4% y/y in June, lowest seen in 11 months

Korea’s consumer price index accelerated 2-point-4 percent in June, the slowest pace in almost a year. But high costs of fresh produce and petroleum products remain a concern. Our business correspondent Moon Hye-ryeon reports. Inflation in South Korea is showing signs of stabilizing in the two percent range despite continued high prices for fruit. Data … Read more