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Today in Korean history

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June 51981 -- President Chun Doo-hwan proposes a summit with his North Korean counterpart, Kim Il-sung. On July 1 of that year, Kim rejected Chun's proposal. 2005 -- South Korean pitcher Park Chan-ho earns his 100th major league win, marking yet
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S. Korea signs dozens of cooperation agreements, MOUs with African nations

By Kim Eun-jungSEOUL, June 4 (Yonhap) -- South Korea has signed 12 agreements and 34 memorandums of understanding (MOUs) with African nations on the sidelines of the Korea-Africa Summit aimed at enhancing cooperation with the resource-rich continent
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Presidential office orders compensation for damage caused by N.K. trash balloons

SEOUL, June 4 (Yonhap) -- The presidential office said Tuesday the government will come up with measures to compensate people who suffered property damage from North Korea's trash-filled balloons.Presidential chief of staff Chung Jin-suk ordered
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BOK to pick qualified local banks for inter-foreign currency trading

SEOUL, June 4 (Yonhap) -- The Bank of Korea (BOK) said Tuesday that it will pick local banks qualified for inter-foreign currency trading with the central bank ahead of extended currency trading hours slated for July.According to the BOK, it will pic
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Police apprehend bar owner, employees for spreading indecent flyers in Gangnam

SEOUL, June 4 (Yonhap) -- Police have apprehended a bar owner and employees for distributing hundreds of thousands of flyers a day on the streets, including areas close to schools, in Seoul's southern districts of Gangnam and Seocho, officials sa
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Rights watchdog opposes children's stay at immigration detention facilities

SEOUL, June 4 (Yonhap) -- The state human rights watchdog said Tuesday it has asked the justice minister to add a provision to the Immigration Control Act to prohibit protective detention of children in principle.The National Human Rights Commission
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China condemns S. Korea, U.S., Japan for remarks on Taiwan issue

By Kim Han-jooSEOUL, June 4 (Yonhap) -- China's embassy in South Korea has expressed "strong dissatisfaction and firm opposition" to South Korea, the United States, and Japan for their recent remarks regarding the Taiwan issue, callin
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Military ready to turn on loudspeakers near border with N. Korea after suspension of 2018 inter-Korean pact

SEOUL, June 4 (Yonhap) -- South Korea's military said Tuesday it remains ready to immediately operate mobile loudspeakers near the border with North Korea as Seoul took steps to fully suspend a 2018 inter-Korean military pact.Earlier in the day,
Seoul shares down late Tues. morning on profit taking, mixed U.S. stock results

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SEOUL, June 4 (Yonhap) -- South Korean stocks lost ground late Tuesday morning after strong gains in the previous session and mixed overnight results on Wall Street.The benchmark Korea Composite Stock Price Index (KOSPI) fell 10.58 points, or 0.39 pe
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S. Korea to extend tax reduction for imported fruits, food materials

SEOUL, June 4 (Yonhap) -- Finance Minister Choi Sang-mok said Tuesday the government will extend tariff reduction on fruit imports and introduce the lower-tariff scheme for food materials in an effort to curb inflation.The government has applied the
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(LEAD) Cabinet approves full suspension of inter-Korean tension reduction pact

(ATTN: UPDATES with prime minister's remarks)By Lee Haye-ahSEOUL, June 4 (Yonhap) -- The Cabinet on Tuesday approved a motion calling for the full suspension of a 2018 inter-Korean tension reduction pact after North Korea sent hundreds of trash-f
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Seoul to host Africa infrastructure forum to explore biz cooperation opportunities

SEOUL, June 4 (Yonhap) -- The Ministry of Land, Infrastructure and Transport said Tuesday it will host a forum this week to explore opportunities for South Korean companies to invest and do business in Africa, as part of efforts by Seoul to advance e
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PPP to push for law revision to compensate for damage caused by N.K. trash balloons

SEOUL, June 4 (Yonhap) -- The ruling People Power Party (PPP) said Tuesday it will push for a law revision allowing compensation for any citizen who suffers damage from North Korea's trash-carrying balloons.During a party meeting, PPP floor leade
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Cabinet approves full suspension of inter-Korean tension reduction pact

By Lee Haye-ahSEOUL, June 4 (Yonhap) -- The Cabinet on Tuesday approved a motion calling for the full suspension of a 2018 inter-Korean tension reduction pact after North Korea sent hundreds of trash-filled balloons across the border.The motion was a
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S. Korea, U.S. to hold 3rd Nuclear Consultative Group meeting next week

SEOUL, June 4 (Yonhap) -- South Korea and the United States will hold the third meeting of the Nuclear Consultative Group (NCG) in Seoul next week to discuss in detail their shared strategy to deter North Korea's nuclear threat, the defense minis
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Global seminar on S. Korea-ASEAN entertainment tech cooperation to be held next week

SEOUL, June 4 (Yonhap) -- A seminar will be held at the National Assembly next week to discuss cooperation between South Korea and Southeast Asia in the field of entertainment technology, officials said Tuesday.The inaugural global seminar will be he
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(URGENT) Cabinet approves full suspension of inter-Korean tension reduction pact

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(LEAD) Yoon vows to expand cooperation with Africa in trade, resources

(ATTN: CHANGES headline; UPDATES with Yoon's opening address in paras 3-10)By Kim Eun-jungSEOUL, June 4 (Yonhap) -- The inaugural summit between South Korea and African nations kicked off Tuesday to discuss expanding economic ties and cooperation
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(URGENT) Yoon denounces N. Korea's trash balloon campaign as 'nonsensical' provocation

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(URGENT) S. Korea to provide $14 bln of export financing to help Korean firms expand trade, investment in Africa

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