Yonhap
Yonhap is a South Korean news agency providing news coverage internationally and domestically.
Activity
Oil prices fall 5.5% on US-Iran peace talks optimism
Oil prices plunged 5.5% to around $97.6 amid optimism about US-Iran peace negotiations, raising prospects for cheaper fuel. The market is now closely watching for signs of an actual deal that could stabilize regional tensions.
Seoul stocks briefly surpass 6,700 points amid tech rally before M7 earnings
Seoul stocks temporarily exceeded 6,700 points on April 28, fueled by a rally in technology stocks ahead of M7’s earnings report. This movement reflects strong investor optimism in South Korea's technology sector and market prospects.
Prosecution Rejects Arrest Warrant for Hybe Chairman, Calls for Further Review
Prosecutors in Seoul rejected a police request for an arrest warrant for Hybe's chairman on April 24, citing the need for further case review. The decision underscores ongoing legal scrutiny of the entertainment company and its leadership.
Twins Pitcher Nearly Achieves First Career Shutout in Seoul
A Twins pitcher threw eight scoreless innings with 84 pitches in Seoul, just short of his first career shutout. His focus on team success reflects the collective spirit of the squad as they look ahead to future games.
US Limits Intelligence Sharing with South Korea After North Korea Nuclear Site Revelation
The US has limited intelligence sharing with South Korea after Seoul's unification minister revealed a suspected North Korean nuclear site. This restricts cooperation at a crucial juncture, raising concerns over escalating tensions on the Korean Peninsula.
South Korea Adds 206,000 Jobs in March, Continues Growth Trend
South Korea added 206,000 jobs in March, marking the second consecutive month with over 200,000 new positions. This signals ongoing strength in the country's employment market, supporting economic stability.
Seoul Court Refuses to Arrest YouTuber Jeon Han-gil Over Lee Defamation Case
A Seoul court has rejected an arrest warrant for conservative YouTuber Jeon Han-gil, who is accused of defamation against Lee. This decision underscores ongoing legal scrutiny that could influence his media presence.
North Korea Tests Cruise and Anti-Ship Missiles from Destroyer Choe Hyon
North Korea tested cruise and anti-ship missiles from the destroyer Choe Hyon, with Kim Jong-un overseeing the event. The tests highlight ongoing military developments aimed at bolstering North Korea’s strategic deterrent.
North Korea Conducts Test of Tactical Ballistic Missile with Cluster Bomb Warhead
North Korea conducted a missile test firing using a weapon equipped with a cluster bomb warhead, signaling a potential escalation in its military technology. This event could impact security dynamics and diplomatic talks in the region.
South Korea Regulator Reports Limited Effect of Monthlong Market Volatility on Financial Firms
The regulator reports that market volatility from South Korea's monthlong crisis has minimally affected financial companies. This suggests the sector's resilience, but ongoing monitoring remains crucial as volatility persists.