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Samsung Electronics' investment in R&D, facility hits record high in 2024
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S. Korean man shot fatally in robbery incident in Philippines
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Pentagon nominee voices support for bolstering S. Korea's role in alliance over OPCON transfer question
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KBO sets single-day preseason attendance record
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S. Korean economy grows 2% in 2024; per capita income inches up 1.2%: BOK
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Steelmakers face tough road ahead on US tariffs
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Giants' Lee Jung-hoo hits 2nd homer in spring training; Dodgers' Kim Hye-seong goes hitless
Lee Jung-hoo of the San Francisco Giants has raised his spring training batting average to .400 after hitting his second home run of the exhibition season. Lee batted 1-for-3 with a homer and two RBIs in the Giants' 7-3 win over the Chicago White Sox at Scottsdale Stadium in Scottsdale, Arizona, on Thursday. The South Korean sophomore batted third and got the start in center field. He hit a flyout to center in the bottom of the first inning before going deep off Jonathan Cannon with a runner on
March 7, 2025
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USFK to pause all live-fire drills after S. Korean fighter jets mistakenly bomb village
The US Forces Korea said Friday it has agreed to pause all live-fire training after South Korean fighter jets mistakenly bombed a village during joint live-fire drills earlier this week. On Thursday, two KF-16 fighter jets "abnormally" released eight MK-82 bombs outside a training range in Pocheon, some 40 kilometers north of Seoul, during the drills, leaving 15 people injured and damaging eight buildings, according to military and rescue officials. "The US and ROK militaries have agreed to paus
March 7, 2025
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Son Heung-min quiet as Tottenham lose 1st knockout match at Europa League
Tottenham Hotspur have lost their first knockout match of the UEFA Europa League in the Netherlands, unable to overcome a first-half own goal. Spurs' South Korean skipper Son Heung-min logged 72 unproductive minutes in his team's 1-0 loss to AZ Alkmaar in the opening leg of the round of 16 at AZ Stadion in the Dutch city of Alkmaar on Thursday. Tottenham midfielder Lucas Bergvall put one into his own net in the 18th minute. The Premier League club must win the second leg scheduled for next Thurs
March 7, 2025
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S. Korea logs current account surplus for 21st month in Jan.
South Korea logged a current account surplus for the 21st straight month in January, backed by solid exports and a rising trade surplus, central bank data showed Friday. The country's current account surplus reached $2.94 billion in January, following a $12.37 billion surplus the previous month, according to the data compiled by the Bank of Korea. The goods account logged a $2.5 billion surplus, marking the 22nd consecutive month of surplus. The surplus came as exports advanced 9.1 percent on-ye
March 7, 2025
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Trump delays tariffs on USMCA-compliant goods from Mexico, Canada until April 2
US President Donald Trump signed executive actions Thursday to delay tariffs on Mexican and Canadian goods, covered under a trade agreement among the three countries, until early next month, a reprieve that followed negotiations with the two neighboring countries. The White House said that tariff exemptions for goods under the US-Mexico-Canada Agreement will remain valid until April 2. The reprieve came after 25 percent tariffs on Mexican and Canadian goods -- with a carve-out for Canadian energ
March 7, 2025
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Ulsan ready to chase knockout spot at expanded FIFA Club World Cup
As the lone South Korean club at this year's FIFA Club World Cup, Ulsan HD FC will try to make a push for a knockout berth, their head coach said Thursday. Kim Pan-gon and his captain Kim Young-gwon attended the South Korean stop of the Club World Cup Trophy Tour in Seongnam, just south of Seoul. The 2025 Club World Cup, the first edition with an expanded format featuring 32 teams, will be played across the United States from June 14 to July 13. FIFA launched the trophy tour in January in New Yo
March 6, 2025
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Review panel backs police's request for warrants for 2 Presidential Security Service officials
A warrant review panel sided with police Thursday, concluding it was appropriate for them to request arrest warrants for two senior officials of the Presidential Security Service (PSS) accused of obstructing investigators' attempt to detain impeached President Yoon Suk Yeol. The warrant review committee of the Seoul High Prosecutors Office reached the decision after a closed-door meeting that lasted about four hours. Last month, the special police investigation team handling Yoon's short-lived m
March 6, 2025
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Nongshim to raise ramyeon, snack prices on high costs
Nongshim Co., South Korea's leading instant noodle maker, said Thursday it will raise the prices of its instant noodle and snack products next week due to higher raw materials costs. Nongshim plans to raise the retail prices of 14 "ramyeon" products by 7.2 percent and three snack products by 7.4 percent starting March 17, the company said in a press release. In particular, the price of Shin Ramyun, which represents Nongshim's ramyeon products, will rise to 1,000 won ($0.69) from 950 won, while t
March 6, 2025
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Wiz veteran Hwang Jae-gyun embraces mid-career position change
Since 2009, his third professional season, Hwang Jae-gyun has been a third baseman, manning the hot corner for three different clubs in the Korea Baseball Organization (KBO) while making cameos at first base and shortstop. He also had a cup of coffee as third baseman for the San Francisco Giants. At age 37 playing for the KT Wiz, Hwang is about to undergo a mid-career change. The Wiz signed an All-Star third baseman Heo Kyoung-min in free agency in November, and Heo, a more accomplished defender
March 6, 2025
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Seoul shares end higher for 2nd day on US tariff reprieve
South Korean stocks ended higher for a second straight session Thursday as investor sentiment improved after US President Donald Trump pulled back some of the tariffs on Canada and Mexico. The Korean won was trading sharply higher against the US dollar. The benchmark Korea Composite Stock Price Index added 18.03 points, or 0.7 percent, to close at 2,576.16. Trade volume was moderate at 600.4 million shares worth 11.1 trillion won ($7.7 billion), with gainers outnumbering losers 485 to 392. Forei
March 6, 2025