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1. According to a report by the U.S. Treasury on Tuesday, South Korea has been removed from the U.S.' list of countries to monitor for their foreign exchange policies. This marks South Korea's first exclusion since it was put on the list in April 2016.
2. The environment ministry on Tuesday called off a plan to ban disposable paper cups at cafes and restaurants, while also extending the grace period for another ban on plastic straws at cafes.
3. South Korean President Yoon Suk Yeol held a summit with Italian President Sergio Mattarella at the Yongsan presidential office on Wednesday. Mattarella arrived in South Korea the day before for a three-day state visit at Yoon’s invitation.
1. South Korea's Financial Services Commission said Sunday that it will temporarily ban stock short selling until the start of July 2024. The move is effective starting Monday, and comes amid efforts to crack down on illegal short selling by global investment banks.
2. The South Korean government on Monday finalized a blueprint to build a theme park in the reclaimed land of {새만금}Saemangeum by 2026, with private sector investments worth 144-point-3 billion won, or roughly 110.2 million U.S. dollars.
3. The Israeli military claimed on Sunday it has encircled Gaza City and divided the coastal strip into two, as Gaza came under its third total communications outage since the start of the war. Israeli media reported that troops are expected to enter Gaza City within 48 hours.
1. While speaking at a ceremony celebrating Daedeok R&D Special Zone’s 50th anniversary on Thursday, President Yoon Suk Yeol addressed criticism for cutting the state budget for research and development by declaring plans to expand related funding.
2. President Vladimir Putin on Thursday signed a law withdrawing Russia's ratification of the global treaty banning nuclear weapons tests. U.S. Secretary of State Antony Blinken expressed deep concern about Russia's decision and said it was a step in the wrong direction.
3. South Korea's foreign ministry said Friday that a Japanese aircraft carrying 15 South Koreans departed from Israel on Thursday, local time, and is on its way to Haneda International Airport in Tokyo.
1. South Korea’s Supreme Court on Thursday upheld a lower courts’ acquittal of nine former officials of the Korea Coast Guard, who were all charged with failing to carry out their duty in the rescue operation for the sinking of the Sewol ferry in April 2014.
2. According to Statistics Korea on Thursday, South Korea’s inflation grew at a faster pace in October, staying above 3 percent for the third straight month. Finance Minister Choo Kyung-ho said that “inflation is expected to ease at a slower pace than expected.”
3. The Fukushima Daiichi nuclear power plant on Thursday began its 3rd release of treated wastewater into the sea. The plant operator discharged 7,800 tons of treated water in each of the first two batches, and plans to release the same amount this time through November 20th.
1. The National Assembly on Wednesday began reviewing the South Korean government’s 2024 budget proposal of 657 trillion won, or roughly 487 billion U.S. dollars. President Yoon Suk Yeol delivered a budget speech the day before saying he will stick to a sound fiscal policy next year.
2. The Korea Disease Control and Prevention Agency said Wednesday it has applied for product approval from the Ministry of Food and Drug Safety for the world's first recombinant protein-based anthrax vaccine developed to prepare for national crises like bioterrorism.
3. According to the data compiled by the Ministry of Trade, Industry and Energy, South Korea's exports increased on-year for the first time in 13 months in October, driven by robust automobile shipments and signs of improvement in the chip sector.
1. South Korean President Yoon Suk Yeol on Tuesday delivered a budget speech, pledging to stick to a sound fiscal policy next year and put top priority on stabilizing people’s livelihoods. He also called for bipartisan support on passing the government’s budget proposal.
2. According to data by Statistics Korea on Tuesday, South Korea’s industrial output rose for the second consecutive month in September on the back of a turnaround in the semiconductor sector. Retail sales and facility investment also logged an on-year growth last month.
3. Israel Prime Minister Benjamin Netanyahu on Monday rejected calls for a ceasefire, saying it would be “equivalent to surrendering to Hamas and terrorism” even as UN agencies call for a humanitarian ceasefire. Netanyahu said Israel would press ahead with its plans to wipe out Hamas in Gaza.
1. Marking the first anniversary of the tragic Itaewon crowd crush on Sunday, bereaved families held memorial events throughout the day. People marched from Itaewon station to Seoul Plaza for a memorial ceremony held in front of City Hall.
2. The John F. Kennedy Library Foundation on Sunday presented South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida with the special International Profile in Courage Award for improving bilateral relations between the two countries.
3. Israeli Prime Minister Benjamin Netanyahu announced on Saturday night that the military has opened a “second stage” in the war against Hamas, as ground forces pushed into Gaza over the weekend.
1. The South Korean government on Friday announced plans to “gradually” raise the national pension premium rate to improve the financial soundness of the system as the population ages,... but stopped short of presenting detailed reform measures.
2. South Korea’s Prime Minister Han Duck-soo will embark on a five-nation tour of Africa and Europe next week to rally support for South Korea’s bid to host the 2030 World Expo and strengthen bilateral ties.
3. While on an official media tour, the Israeli military said Thursday that a portion of the weapons used by Hamas in the October 7th attacks were manufactured in North Korea and Iran.
1. South Korea’s Presidential Office said Wednesday that President Yoon Suk Yeol and Qatari Emir Sheikh Tamin bin Hamad Al Thani agreed to upgrade the two countries’ relations to a “comprehensive strategic partnership” as they held a summit in Doha.
2. South Korea’s Constitutional Court ruled Thursday that the legislative procedures for the so-called “Yellow Envelope Bill'' and a revision to the Broadcast Act are not invalid. Both laws were directly presented to a plenary session of the National Assembly.
3. Data from the Bank of Korea released on Thursday shows that South Korea’s economy recorded a slight growth, as real gross domestic product rose 0-point-6 percent on-quarter during the July to September period.
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