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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

DPK hits back at Yoon's office over stock manipulation allegations involving first lady

Rep. Kim Eui-kyeom of the main opposition Democratic Party of Korea speaks to reporters at the National Assembly after the presidential office sued him on libel charges against the first lady, Jan. 30. NewsisThe main opposition Democratic Party of Korea (DPK) said Wednesday it will countersue the presidential office for accusing its spokesman of libel after he raised stock manipulation allegations involving the first lady.Earlier this week, Yoon's office sued DPK spokesman Rep. Kim Eui-kyeom on charges of making false claims that the name of first lady Kim Keon Hee was mentioned at least 300 times during a trial on the alleged manipulation of stock prices of Deutsch Motors, a BMW car dealer in Korea. The opposition party has long accused the first lady of involvement in the case.Kim further cited a prosecutor as saying Kim's bank account was used in manipulating stock prices of a separate company, Woori Technology, which develops nuclear power plant technology.Denouncing Kim's claims as "fake news," the presidential office categorically denied the allegations involving Woori Technolo

Feb 1, 2023
DPK hits back at Yoon's office over stock manipulation allegations involving first lady

Yoon says nurturing talented people in science is critical for survival

President Yoon Suk Yeol, second from left, standing, visits a vocational training class at Kumoh National Institute of Technology in Gumi, 202 kilometers southeast of Seoul, Feb. 1. YonhapPresident Yoon Suk Yeol said Wednesday that nurturing talented people in science and technology is the only way for the nation to survive in a world competing for technological supremacy.Yoon made the remark while presiding over the inaugural strategic meeting on fostering talents at Kumoh National Institute of Technology in Gumi, 202 kilometers southeast of Seoul."The reason we were able to succeed in industrialization in difficult conditions and grow into an economic power was ultimately because we invested in people and trained people," he said."Especially now, with the Fourth Industrial Revolution and global competition for technological supremacy, the only way for a nation to survive is by raising a large number of exceptional talents in science and technology," he added.Yoon talked about his visit to the Swiss Federal Institute of Technology in Zurich last month, saying he learned how the univ

Feb 1, 2023
Yoon says nurturing talented people in science is critical for survival

Ruling party to hold primary before national convention to pick new leader

A photo of Reps. Ahn Cheol-soo, left, and Kim Gi-hyeon of the ruling People Power Party shaking hands on Jan. 16. YonhapThe ruling People Power Party (PPP) will hold a primary to pick final candidates to become the new party leader before the national convention in March, the party's election committee said Tuesday. The party will pick the top four candidates for the leadership race through a vote of paying party members by Feb. 10 and hold a national convention on March 8 to elect a new leader. It will hold a runoff if none of the final candidates wins a majority and announce the results on March 12. Four sitting lawmakers ― Reps. Kim Gi-hyeon, Ahn Cheol-soo, Cho Kyoung-tae and Yoon Sang-hyun ― as well as former Prime Minister Hwang Kyo-ahn and Kang Sin-eop, an attorney and former head of first lady Kim Keon Hee's fan club, have declared bids for the PPP chairmanship until now.A Realmeter poll showed last week Kim is leading the race, with Ahn closely trailing behind.But a poll released later Tuesday put Ahn far ahead of Kim. In the survey conducted by Gallup Korea on Thursday and F

Jan 31, 2023
Ruling party to hold primary before national convention to pick new leader

Yoon calls for effective extended deterrence during meeting with U.S. defense chief

President Yoon Suk Yeol, right, shakes hands with U.S. Defense Secretary Lloyd Austin before their talks at the presidential office in Seoul on Jan. 31, in this photo released by Yoon's office. YonhapPresident Yoon Suk Yeol met with U.S. Defense Secretary Lloyd Austin on Tuesday in Seoul and discussed ways to beef up security ties and extended deterrence against North Korea, the presidential office said.Austin arrived in Seoul the previous day on a regional swing that will also take him to the Philippines. Earlier Tuesday, he held talks with Defense Minister Lee Jong-sup. During the meeting at the presidential office, Yoon called for U.S. commitment of an "effective and strong" extended deterrence to cope with North Korea's growing nuclear threats."We ask for consultations between South Korea and the United States to come up with an effective and strong extended deterrence system that can dispel South Korean people's concern about North Korea's evolving nuclear threats," Yoon was quoted as saying by presidential spokeswoman Kim Eun-hye.Yoon also emphasized the need for effective Seou

Jan 31, 2023
Yoon calls for effective extended deterrence during meeting with U.S. defense chief

Yoon, first lady meet Cambodian child at presidential office

President Yoon Suk Yeol, right, and his wife, Kim Keon Hee, pose with Aok Rotha at the presidential office in Seoul on Jan. 31. YonhapPresident Yoon Suk Yeol and first lady Kim Keon Hee on Tuesday met with a Cambodian child who received heart surgery in Seoul, his office said.Kim first met the 14-year-old boy, named Aok Rotha, in Phnom Penh in November, 2022, while accompanying the president on an official trip. The boy has long suffered from congenital heart disease. He underwent surgery at Asan Medical Center in Seoul in December. Yoon and Kim expressed wishes for his swift recovery during the meeting at the presidential office in Yongsan.Yoon gave Rotha a soccer ball as a gift, recalling that Rotha has never played the sports, the presidential office said. Rotha, in return, presented a thank-you card with floral decorations. Officials from the hospital and Korean Air, who supported his travel to Seoul, were also invited to the event. Rotha received heart surgery in 2018 but was not able to afford follow-up surgery due to his family's economic hardship.During the Cambodian visit, K

Jan 31, 2023
Yoon, first lady meet Cambodian child at presidential office

Cyber University of Korea offers online Korean language programs for foreigners

A professor speaks during an online lecture at the Cyber University of Korea. Courtesy of Cyber University of KoreaBy Sah Dong-seok The Cyber University of Korea (CUK) is gearing up to promote Korean language education for foreigners by offering various online programs. These programs are provided by the Korean Language Education Institute established in 2022 by CUK, Korea's first online university.The Quick Korean Premium course is an upgraded version of “Quick Korean,” a Korean language training program that recorded more than 10 million YouTube views from 200 countries around the world. People can take online classes in real time by interacting with professional instructors for in-depth learning. CUK began to release the “Quick Korean” program on YouTube, Naver TV and other platforms for free in 2014. Since then, the program has received compliments from learners of the Korean language around the world.The Test of Proficiency in Korean (TOPIK) Prep course is a training program designed to help overseas Koreans and non-Koreans score high in Korean language p

Jan 31, 2023
Cyber University of Korea offers online Korean language programs for foreigners

Gov't to give new operator exclusive rights to 5G 28 GHz spectrum

This photo shows the logos of Korea's three mobile carriers, SK Telecom, KT and LG Uplus, on display at an authorized mobile shop in Seoul, Jan. 25. NewsisThe Korean government said Tuesday it will give a new operator the exclusive rights to an additional 5G network frequency band for three years in a bid to help local businesses enter the new high-speed network service sector.The new operator will be given the priority to use one of the two frequency bands in the 28 gigaherz wavelength, while the other band will be allocated three years after the first operator starts the service, according to the Ministry of Science and ICT.The operator will be the only service provider in the 28 GHz spectrum for the first three years and given the time to secure the market. Financial benefits, including tax cuts and fresh loans, will also be provided to the operator, the ministry added.The move came as the government deprived two local mobile carriers, KT and LG Uplus, of their right to use the 28 GHz spectrum last month, citing that they failed to meet the requirements of networking building.Mark

Jan 31, 2023
Gov't to give new operator exclusive rights to 5G 28 GHz spectrum

Ruling party to hold primary before nat'l convention to pick new leader

This photo shows Reps. Ahn Cheol-soo, left, and Kim Gi-hyeon of the ruling People Power Party shaking hands, Jan. 16. YonhapThe ruling People Power Party (PPP) will hold a primary to pick final candidates to become the new party leader before the national convention in March, the party's election committee said Tuesday. The party will pick the top four candidates for the leadership race through a vote of paying party members by Feb. 10 and hold a national convention on March 8 to elect a new leader. It will hold a runoff if none of the final candidates wins a majority and announce the results on March 12. Four sitting lawmakers ― Reps. Kim Gi-hyeon, Ahn Cheol-soo, Cho Kyoung-tae and Yoon Sang-hyun ― as well as former Prime Minister Hwang Kyo-ahn and Kang Sin-eop, an attorney and former head of first lady Kim Keon Hee's fan club, have declared bids for the PPP chairmanship until now.A Realmeter poll showed last week Kim is leading the race, with Ahn closely trailing behind. (Yonhap)

Jan 31, 2023
Ruling party to hold primary before nat'l convention to pick new leader

Anti-corruption agency's vice-chairman apologizes for past 'discriminative' remark

Vice-chairman of the Anti-corruption and Civil Rights Commission (ACRC) Chung Seung-yun speaks during his inauguration held in the Sejong Government Complex, Monday. Courtesy of the ACRCBy Lee Yeon-wooChung Seung-yun, a prosecutor-turned-professor of law at Pusan National University, started his first day as vice-chairman of the Anti-Corruption and Civil Rights Commission (ACRC), Tuesday, with an apology to the public for his past controversial choice of words. “I would like to take this opportunity to apologize to the members of ACRC,” Chung said during his inauguration. “I believe that quite a few members would have worried about media reports regarding my appointment,” Chung continued.“Now as I start my new position as the vice-chairman, I'm concerned whether I can successfully meet the expectations of the public and the members of ACRC,” Chung said.Chung was at the center of a controversy last February when the presidential campaign team unveiled reform measures aimed at the police force. He was then in charge of judiciary and police reform.In

Jan 31, 2023By Lee Yeon-woo
Anti-corruption agency's vice-chairman apologizes for past 'discriminative' remark

Ruling party, gov't mulling expanding heating bill support for middle class

Ruling People Power Party floor leader Joo Ho-young speaks at a party meeting at the National Assembly, Jan. 31. YonhapThe ruling People Power Party and the government are considering providing heating bill subsidies not only to vulnerable people but also to middle-class households, sources said Tuesday.The plan came a day after President Yoon Suk Yeol ordered aides to "actively consider ways to reduce the burden of heating bills on the middle class and ordinary citizens" in the wake of higher heating bills triggered by a global surge in gas and energy prices."The government should lay out detailed support measures for vulnerable citizens, as well as the middle class, and prepare funds amid soaring heating bills," Rep. Joo Ho-young, floor leader of the PPP, told a party meeting.Earlier, the government said it will temporarily double energy vouchers for 1.18 million vulnerable people amid public outcries over spikes in heating and energy bills. According to Statistics Korea, local monthly gas rates increased by 34 percent last month from a year ago due to a rise in gas prices.On Monda

Jan 31, 2023
Ruling party, gov't mulling expanding heating bill support for middle class
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