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Stories from South Korea

621 stories in this location, newest first.

politics 15d ago Seoul

Child Safety Systems Reduce Travel Risks

The Seoul Metropolitan Government has allocated 6.62 trillion won of its budget to focus on public welfare, safety, and the future. New ordinances aim to protect citizens' daily lives, with 519 new ordinances enacted. The city council has enacted 5,519 new ordinances to support citizens' daily lives. Child traffic accidents are particularly occurring in the morning as many children head to school. Drivers must adhere to a 30 km/h speed limit in school zones. Parents and teachers should assist children crossing roads, teach them to look before crossing, and prevent sudden crossings. Child safety systems can significantly reduce the risk of death for children traveling in vehicles, by 54% to 80%.
YTN Radio
technology 15d ago Seoul

AI Integration Discussed for Game Development

Discussions are underway regarding the integration of artificial intelligence into game development processes. This involves exploring how AI can be used to enhance or automate certain aspects of game creation. The concept of 'insnaring' or 'wrapping' elements is being considered in this context.
CBS Standard FM Seoul
economy 15d ago Seoul

South Korean Platforms Face Tax Disadvantage Against Global Rivals

The National Tax Service incorrectly processed and sent out evaluations regarding corporate integrity. Thousands of corporations had certain evaluation items omitted due to these errors. The agency had sent the flawed data to various regional offices. This error occurred during the assessment process used as a standard for tax audits. The agency is currently addressing the error and has requested the Media Communications Deliberation Committee to implement deletions and blocks. Authorities plan to continue intensive crackdowns on related issues through October. The source noted that Naver's tax burden was 600 billion won, while Google Korea's was 18.7 billion won. This disparity is described as an uneven playing field for local services. The discussion suggests that regulatory action may be needed to address this tax gap.
CBS Standard FM Seoul
other 15d ago Seoul

Teenagers Comprise 90% of Digital Victimization Cases

Police analysis indicates that teenagers and people in their 20s account for nearly 90% of victims in recent digital crimes. Specifically, 132 teenagers, representing 58.7% of total victims, were identified. 69 individuals in their 20s were also recorded. Authorities attribute the high prevalence among these age groups to their familiarity with digital environments. Law enforcement is also targeting cases where both the perpetrator and the victim are minors.
CBS Standard FM Seoul
other 15d ago Seoul

Wild Boar Sightings Cause Anxiety at Ewha Womans University

A wild boar appeared on the campus of Ewha Womans University in the Seodaemun District of Seoul. No injuries or property damage were reported in the transcript. The animals are reportedly venturing into everyday urban areas as habitats shift. This movement follows changes in local wildlife directions and habitat patterns. The presence of these animals in residential and academic zones is noted as a recurring occurrence. A wild weasel was captured in an apartment in Mapo District, Seoul, after being spotted on a nearby university campus. Firefighters took over 50 minutes to catch the animal, which died during the capture. The university had advised students to avoid the campus at night due to sightings. A wild boar was also discovered in an apartment parking lot in Mapo-gu, Seoul, four days prior to the report.
EBS FM Korea
politics 15d ago Seoul

Democratic Party Leadership Opposes Kim Yong Nomination

South Korean Democratic Party leadership is expressing reluctance to nominate former Vice Chairman Kim Yong for a by-election. Kim previously received a five-year prison sentence related to the Daejang-dong development corruption case. Party leader Jung Chung-rae also indicated a negative stance regarding the nomination last Wednesday. Leadership fears the nomination could negatively impact the overall election results. Pressure on the party leadership is increasing as the nomination issue causes internal friction. Representative Jung Cheong-rye also expressed opposition to the nomination last Wednesday. Supporters claim Kim is a victim of manipulated investigations by political prosecutors. Representative Lee Kun-tae, a former lawyer for President Lee, held a press conference today demanding the nomination.
CBS Standard FM Seoul
economy 15d ago Seoul

Samsung Stock Rises Amid AI Boom

Samsung Electronics shares rose 2.96% to 226,000 KRW during the last trading session. SK Hynix shares increased by 7.49% to 3,500 KRW. These movements occurred in the South Korean semiconductor market. Samsung Electronics rose 2.96% to 226,000 won and SK Hynix rose 7.49% to 35,000 won. The KOSPI index surpassed 6,600 and reached the 6,650 level. South Korean stocks surged 5% to reach new historical highs. SK Hynix shares rose 12.5% to a record closing price, while Samsung Electronics increased by 5.44%. Stock prices for SK Hynix and other large companies rose significantly, jumping from 9% to 10%. Large companies including SK Hynix saw stock prices surge between 9% and 10%. Samsung's stock price has increased more than fourfold in the past year.
YTN Radio
conflict 16d ago Seoul

Eyewitness Describes Rapid Evacuation During Shooting

A shooting incident occurred at an event in Seoul around 8:00 PM. Witnesses reported a rapid evacuation following gunfire at a gala event. Military personnel were observed pointing weapons toward the room to secure the area. The transition from the sound of shots to the evacuation took fewer than four seconds. Security personnel disguised as waiters were used to infiltrate the area during the incident. Rapid response units equipped with machine guns were deployed as the perimeter was breached. The presence of plainclothes security officers acting as service staff was noted during the event.
YTN Radio
economy 16d ago Seoul

South Korean Court Auction Applications Reach 13-Year High

New applications for court auctions in South Korea reached 30,500 cases in the first quarter. This figure represents the highest volume of new auction requests since the first quarter of 2013. Creditors are requesting the disposal of collateralized assets to recover unpaid debts. Total annual auction applications exceeded 100,000 cases in 2014 and again in the current period. Gasoline prices in Seoul averaged 2,046.2 won per liter, while diesel averaged 2,032.7 won per liter. Average diesel prices rose slightly to 2,002.1 KRW per liter. Naver is providing an integrated guidance page for high oil price relief subsidies.
YTN Radio
technology 16d ago Seoul

South Korean Ministry Launches AI Advisory Group

The Ministry of the Interior and Safety has established a technical advisory group for AI government services.
GDELT