Friday, April 23, 2021
Friday, April 23, 2021
  • Lee Kyung-sik
  • 승인 2021.04.23 09:16
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Friday, April 23, 201


Round-up of important news from major Korean dailies and international media today


The Korea Post ( )

Kim Boo-gyeom, former 4-term lawmaker, named as new prime minister

President Moon Jae-in has carried out his Cabinet and staff reshuffles on April 16, affecting five ministries and Cheong Wa Dae staffs.

Presidential Chief of Staff Yoo Young-min held a briefing at the Chunchugwan in the afternoon and announced the reshuffle of the prime minister and five ministers.


Shilla Stay Seobusan aims to satisfy ‘hocance’ and business demands

Hotel Shilla's premium business brand Shilla Stay opened "Shilla Stay Seobusan" on April 15. It is the second hotel to open in Busan after Haeundae, targeting domestic and foreign business and the hocance (hotel+vacance) demand in western Busan, which is becoming an international tourist city.


“Korea, Vietnam share valuable experience of turning crisis into opportunity”

“The Republic of Korea formally established diplomatic relations with the Socialist Republic of Vietnam in 1992 and for the past 29 years the two countries have become increasingly friendly countries to each other,” so said the Korean Minister of Foreign Affairs recently on the relations, friendship and cooperation between the two countries.

KBS ( )

Moon Vows to Boost Commitment to Carbon Emission Cut

President Moon Jae-in has announced that South Korea will boost its original target of carbon emission reduction and stop official financing for foreign coal power projects.

Moon made the announcement on Thursday during a virtual climate summit hosted by U.S. President Joe Biden.


 US Welcomes S. Korea's Climate Commitment

The U.S. State Department has welcomed and expressed gratitude for climate change commitments made by South Korea and other countries at the ongoing climate summit.

Speaking of the two-day virtual summit, State Department spokesperson Ned Price said on Thursday in a news briefing that people saw a variety of announcements about the increasing scope and pace of actions around the world


Gov't Preparing to Bring J&J COVID-19 Vaccine

The South Korean government says it will import Johnson & Johnson COVID-19 vaccine as planned after European health authorities recommended the continuous use of the vaccine despite its possible link to rare blood clots.



Yonhap ( )

Women suffer greater employment shock than men amid pandemic: report

South Korean women have suffered employment strains more than men amid the pandemic as job posts in the in-person service segment, hard hit by the virus outbreak, sharply eroded, a report showed Thursday.

Moon: S. Korea to set higher goal of cutting emissions, submit it to U.N. this year

President Moon Jae-in announced South Korea's plan to further bolster its carbon emission reduction target on Thursday, speaking to U.S. President Joe Biden, Chinese President Xi Jinping and two dozen other global leaders during a virtual climate summit.

S. Korea to invest 114 tln won by 2030 to expand railway network

South Korea will invest 114.7 trillion won (US$102.7 billion) over the next decade to expand the railway network for major cities across the nation, the transport ministry said Thursday.

The fourth nationwide railway plan aims to extend the railway from the current 4,274 kilometers to 5,137 km by 2030 to allow people to travel across the nation in less than three hours, the Ministry of Land, Infrastructure and Transportation said.



The Korea Herald ( )

Korea delays serious COVID-19 vaccine adverse report, again

South Korea’s national health agency once again put off announcing a case of a serious adverse event following COVID-19 vaccination, inviting concerns that it may mar public trust in the program..

Samsung’s Lee denies charges in first court hearing on succession

Samsung Electronics chief Lee Jae-yong on Thursday denied all charges leveled against him during his first trial hearing on alleged irregularities surrounding his ascension to the helm of Samsung Group.

Koreans favor fintech apps over those of banks: report

South Koreans used fintech company apps nearly nine times more than those operated by traditional banks every month last year, a report showed on Thursday, suggesting rapid growth of the digital finance market driven by its young and tech-savvy population.

The Korea Times ( )

Moon vows to bolster commitments to carbon neutrality

President Moon Jae-in said Thursday that Korea will strengthen its commitment to carbon neutrality by toughening the country's emissions reduction target and ending public investments into coal-fired power generation facilities.

Will sex slavery court ruling affect Seoul-Tokyo ties?

A local court's dismissal, Wednesday, of a claim for compensation filed by 20 surviving South Korean victims of sex slavery against the Japanese government will not bring significant changes to relations between Korean and Japan, but it can offer a starting point to find a middle ground, according to diplomatic experts, Thursday.

Shares of Sputnik V CMOs hike as Korea considers using Russian vaccine

Domestic contract manufacturing organizations (CMOs) of the Sputnik V COVID-19 vaccine have enjoyed a bullish run on the stock market this week, as the government began to consider use of the Russian vaccine to deal with a supply shortage of Pfizer and Moderna products.


HanKyoReh Shinmun ( )

Court’s dismissal of “comfort women” lawsuit is biggest roadblock to justice to date

“They held on to me and wouldn’t let go, they wouldn’t let go, those Japanese brutes, those terrible soldiers. All I could do was weep as they had their way with me. I’d just like to get revenge, even if only in words, just once before I die, before my eyes close for the last time.”


Will US loan COVID-19 vaccines to S. Korea?

Minister of Foreign Affairs Chung Eui-yong said that Seoul is “in serious discussions” with the US over a vaccine swap arrangement.

The vaccine swap arrangement discussed Tuesday at the National Assembly is a system in which South Korea, which is suffering difficulties at the moment with its COVID-19 vaccine supplies, would receive a portion from the US, which it would repay at a later date.

S. Korea now ranks world’s 10th biggest economy

South Korea ranked 10th worldwide in terms of nominal gross domestic product (GDP) last year. Korea advanced two ranks from 2019, suffering relatively little harm from the global economic contraction caused by COVID-19.



Chosun Ilbo ( )

Chronic Anger Still Grips Most Koreans

Six out of every 10 Koreans are convulsed by chronic anger, a study suggests. Among social and political issues, they feel angriest at the lack of morality and corruption among politicians and political parties.

The study by You Myoung-soon of Seoul National University Graduate School of Public Health was published Wednesday based on a survey of 1,478 adults in February.


Moon Urges Biden to Engage with N.Korea, China

President Moon Jae-in continued his increasingly forlorn campaign of diplomacy on behalf of North Korea this week by urging U.S. President Joe Biden to "engage now" with the reclusive regime.


Moderna Vaccine Delivery to Korea Also Delayed

Supplies of Moderna's vaccine to Korea have now also been delayed and will not arrive until the second half of this year, Acting Prime Minister Hong Nam-ki admitted Tuesday.

Originally, enough Moderna doses for 20 million people were supposed to arrive in May after President Moon Jae-in personally made a troubleshooting call to the Moderna CEO, but that seems to have netted only an empty promise.


The Dong-A Ilbo ( )

‘Vaccine swap’ seems unlikely

U.S. President Joe Biden said on Wednesday that Washington would focus on vaccinating U.S. citizens first as it does not have enough COVID-19 vaccines to send them abroad. His remark came a day after the South Korean government, which is facing a vaccine shortage, suggested the idea of a “vaccine swap” to the United States and is, therefore, seen as a rejection of the offer.

Even Bitcoin Optimists Expect Price Plunge by Half

The cryptocurrecy prices, which have been on a rapid rise lately, will be corrected soon, according to a growing number of experts. “Given the massive move we’ve had in bitcoin over the short run, things are very frothy,” the CIO of Guggenheim Partners Scott Minerd who is considered as a cryptocurrency optimist said on CNBC on Wednesday (local time). “I think we’re going to have to have a major correction in bitcoins.”


Putin warns protestors for Navalny's release not to cross red line

Protestors took to the streets across Russia on Wednesday to call for the release of opposition figure Alexei Navalny. In a state of the union address on Wednesday, Russian President Vladimir Putin gave a warning message to Western countries that are supportive of Navalny, by calling on them not to cross the red line to keep them from intervening in domestic affairs



The KyungHyang Shinmun ( )

Reparation for the Comfort Women: One Court, Two Different Rulings


Can the South Korean court of law hold the Japanese government accountable for the exercise of state authority against humanity and order reparation for victims of sexual slavery in the Japanese military? The court announced a decision that ran contrary to a ruling just three months ago in a trial on the claim for compensation against the Japanese government filed by the victims, and now two different rulings exist on one problem.

 “Everyone’s into Coins but Me” 20/30 Somethings Lost in Cryptocurrency

Heo (36), a teacher at a university recently stopped playing games, a hobby he had long enjoyed, because he has been immersed in trading cryptocurrency, more exciting than games, since two months ago. After he had invested in ripple, one type of altcoin (an alternate cryptocurrency other than bitcoin), only to see the value crash three years ago, he had forgotten about “coins.” But he revived his account after watching the value of bitcoin soar after the second half of last year.


Sexually Tortured in a Pigpen-like Room: The Barbaric State Violence In Response to the Sabuk Struggle

Dozens of people were taken to a temporary investigation room set up in the auditorium of the Jeongseon Police Station in Gangwon-do. Spread out in the room were tools used to torture the people: lumber, ropes, rubber hoses, a pickaxe, a kettle, etc. In the investigation booths, which were narrow spaces installed along the auditorium wall like a pigpen, the people were assaulted, some kneeling on the ground, others hanging from ropes, hands and feet tied like roast chicken.


Maeil Business News Korea ( )

Seegene to supply $ 22 mn worth Covid-19 test kits to Scotland

Seegene Inc., South Korea’s largest point-of-care diagnostic kit maker, will supply Covid-19 diagnostic kits worth 16 million GBP ($22.11 million) to Scotland, which will triple shipments to the region from last year.


Korea’s Apr. 1-20 exports jump 45% on solid chip, auto demand

South Korean exports expanded by whopping 45 percent on year in the first 20 days of April, suggesting external trade front has picked up steam even after considering the base effect from a double-digit fall a year ago.


Korea’s household income falls in four yrs, wealth gap at five-fold in 2020

Average household income in South Korea fell for the first time in four years in 2020 and the wealth gap between the top and bottom 20 percent widened by five times as the impact Covid-19 dealt heavier on the lower-income class.




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The Times
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Chinese People's Daily
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Japan's Yomiuri
Le Monde
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Germany Frankfurter AllgemeineZeitung
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Sydney Morning Herald
Colombia Reports
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El Universal
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