K-News Bulletin

Land and Housing Corp. (LH) employees have been suspended from their duties after being accused by two civic groups of buying land near a New Town redevelopment site using confidential information. Investigations are ongoing to determine whether others used advanced notice of redevelopment projects to buy up cheap land.  

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/03/03/business/economy/land-development-LH/20210303153400515.html

Unexpectedly heavy snow in the coastal region of Gangwon on Monday and Tuesday trapped hundreds of vehicles and caused heavy traffic and accidents, resulting in one death and 94 injuries. 

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/03/02/national/socialAffairs/snow-Gangwon-traffic-accident/20210302154900459.html

As part of partnership projects expected to create more than 1,400 jobs, Gunsan in North Jeolla and Busan will partner with labor unions and private companies to develop “e-mobility” products, like electric vehicles (EV) and EV parts.  

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/02/25/business/economy/Gunsan-GM-plant-Copartnership-project-EV/20210225161300542.html

Hyundai Motor said it will replace LG batteries in more than 80,000 electric vehicles (EVs) including the Kona Electric, due to fire risks.The recall is expected to cost Hyundai Motor and LG Energy Solution approximately 1 trillion won ($917.1 million) and will be reflected in 2020 fourth-quarter results. 

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/02/24/business/industry/kona-recall-lg-energy-solution/20210224181200430.html

Hyundai Motor's Ioniq 5 is the first electric vehicle (EV) to be manufactured on Hyundai's E-GMP modular platform and offers a glimpse into what cars of the future will offer beyond getting you from point-to-point. Here's what you need to know about the new EV. 

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/02/23/business/industry/hyundai-motor-ioniq-egmp/20210223172114935.html

Wildfires broke out in eight different locations Sunday, tearing through mountainside forests in southern and central regions of Korea overnight. Fueled by dry conditions, the fires engulfed an area of land the size of about 414 football fields. 

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/02/22/national/socialAffairs/wildfire-disaster-forest/20210222183000392.html

Chung Mong-koo, the former chairman of Hyundai Motor Group, will step down from his last remaining official position at the auto group next month, giving up his board seat at auto parts maker Hyundai Mobis.

Chung, who will retain the honorific title honorary chairman of Hyundai Motor Group, is expected to resign from his board seat at Hyundai Mobis at a board meeting scheduled for next month.


Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/02/21/business/industry/hyundai-motor/20210221174700328.html

Two men have been arrested for helping some 80 Pakistanis pretend to be asylum seekers and find jobs in Korea, circumventing Korea's refugee laws which permit asylum seekers to stay in the country if their asylum application is processed. 

Listen to the full story in this week’s episode. Subscribe to the K-News Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.


Full Article: https://koreajoongangdaily.joins.com/2021/02/18/national/socialAffairs/broker-illegal-deals-for-economic-migrants-refugees/20210218164900414.html

A North Korean man, who attempted to defect to the South and was caught by South Korean soldiers on Tuesday, appears to have crossed the sea border only wearing a diving suit and a set of fins. 

The defection marks the third time in recent years that North Koreans have defected through the section of the inter-Korean border under the watch of the 22nd Infantry Division. 

Listen to the full story in this week’s episode. Subscribe to the K-Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily.

Full Article: https://koreajoongangdaily.joins.com/2021/02/17/national/defense/border-military-North-Korea/20210217181600357.html

In the latest round of vaccine updates, SK Bioscience announced it has signed a licensing deal with American bio firm Novavax to manufacture and distribute the NVX-CoV2373 coronavirus vaccine. While all other vaccine suppliers to Korea have been multinational companies or organizations, under this deal, SK Bioscience will deal directly with Korea authorities for domestic vaccine supplies.

Listen to the full story in this week’s episode. 
Subscribe to the K-Bulletin to listen to Korea’s biggest headline of the day, written by staff reporters of the Korea JoongAng Daily. 

Full Article: https://koreajoongangdaily.joins.com/2021/02/16/business/industry/vaccine-covid-covid19/20210216155900499.html