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Tue, February 19, 2019 | 15:37

South Korea resumes Iranian oil imports after five months

South Korean companies imported US$101.2 million worth of Iranian crude last month, the first such move in five months, data showed Tuesday. The January figure represents less than one-fifth of $539 million, the average monthly Iranian crude oil imports for the first seven months of 2018, according to the data from the Korea Customs Service.

Foreign Affairs | 2019-02-19 15:33

Seoul to offer vacation subsidy to low income earners

The Seoul government said Tuesday it will offer a vacation subsidy of 250,000 won (US$222) to 2,000 low-income workers this year, as part of an effort to reinvigorate the stagnant local tourism sector. The Seoul metropolitan government will begin accepting applications for the vacation subsidy in March from among Seoul residents earning less than 2 million won a month, offici...

Policies | 2019-02-19 15:02

Merchants to save $709 mil. as gov't cuts credit card processing fees

A cut in credit card processing fees is expected to help merchants save about 800 billion won (US$709 million), officials said Tuesday, as the government seeks to ease burdens on small merchants and self-employed business owners. Last November, the government announced a plan to reduce credit card fee rates and the cut went into effect at the end of last month.

Policies | 2019-02-19 13:40

Crown prince of Abu Dhabi to visit Seoul next week

Crown Prince of Abu Dhabi Mohammed bin Zayed Al-Nahyan will visit South Korea next week for a meeting with South Korean President Moon Jae-in that will focus on ways to improve the countries' ties, Moon's presidential office Cheong Wa Dae said Tuesday.

Foreign Affairs | 2019-02-19 11:48

Coal imports set another record in 2018

South Korea's coal imports hit a new high last year despite government efforts to phase out the use of fine dust-emitting energy sources, industry data showed Tuesday. The country shipped in 131.52 million tons of coal last year, breaking the record for the second consecutive year. Coal imports in 2017 totaled 131.46 million tons. The figure for 2018 marks an 11 percent incre...

Labor & environment | 2019-02-19 10:17

Trump tells Venezuela military to back Guaido or 'lose everything'

U.S. President Donald Trump urged Venezuela's military Monday to accept opposition leader Juan Guaido's amnesty offer, or stand to "lose everything," as a crisis deepened over President Nicolas Maduro's refusal to let in desperately needed humanitarian aid. Bringing in humanitarian aid is crucial to the viability of Guaido, who has denounced Maduro's re-election last year as ...

Americas | 2019-02-19 10:03

China accuses US of trying to block its tech development

China's government on Monday accused the United States of trying to block the country's industrial development by alleging that Chinese mobile network gear poses a cybersecurity threat to countries rolling out new internet systems. And in a potential blow to the U.S.'s effort to rally its allies on the issue, British media reported that U.K. intelligence agencies found it's p...

IT | 2019-02-19 09:56

US, North Korea seriously mull exchange of liaison officers

The United States and North Korea are seriously considering an exchange of liaison officers, CNN reported Monday, as the leaders of the two nations prepare for a second summit next week in Vietnam. The first step forward in establishing new U.S.-North Korea ties could be the exchange of officers, the U.S. broadcaster said, citing two high-level diplomatic sources.

North Korea | 2019-02-19 09:48

Two killed, more than 50 injured in Daegu sauna fire

Two people were killed and more than 50 others injured after a fire broke out Tuesday at a public sauna in Daegu, firefighters said. The fire started at 7:11 a.m. in the men's sauna on the fourth floor of a 7-story building in the city, about 302 kilometers southeast of Seoul. Firefighters put out the fire in about 20 minutes. Most of the victims were found to have inhaled sm...

Seoul & provinces | 2019-02-19 09:44

TUESDAY, FEBRUARY 19, 2019

Today is Tuesday, February 19, the 50th day of 2019. There are 315 days left in the year.

Today in History | 2019-02-18 17:57

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The Right to Protest, Freedom of Expression, and Freedom of Association