Exchange Rate Hovers in the High 1370s, Likely to Test 1380 Mark
The won-dollar exchange rate is trading in the high 1370s.As of 10:15 a.m. on August 28, the exchange rate in the Seoul foreign exchange market is 1,378.3 won per U.S. dollar. Earlier, at 6 a.m., the rate was 1,381.5 won, reflecting a rise of 0.6 won.Overnight, the New York stock market saw gains. The Dow Jones Industrial Average closed up 105.56 points (0.20%) at 53,569.44.The S&P 500 index rose by 55.29 points (0.72%) to finish at 7,730.99, while the Nasdaq Composite increased by 411.16 points
Iran's Foreign Minister Leaves Door Open for Diplomacy with U.S.
Iran's Foreign Minister Abbas Araghchi has indicated the possibility of resolving tensions with the United States through diplomatic means.On August 28, Araghchi stated on social media platform X, "It is not impossible to put diplomacy back on track."However, he emphasized that for a diplomatic solution to be achieved, the U.S. must recognize that pressure alone will not resolve the issues. He asserted, "The U.S. must engage in dialogue with a mindset of building trust and respect, acknowledging
Chief Justice Cho Hee-dae Apologizes for Public Concern, Promises Statement Next Week
Chief Justice Cho Hee-dae expressed regret for causing public concern regarding the Blue House's request to reconsider the nomination of a Supreme Court justice, stating he will provide an official position next week.On August 28, at approximately 6:11 p.m., Cho spoke to reporters as he was leaving the Supreme Court building in Seocho-gu, Seoul. In response to questions about the request for reconsideration, he said, "First, I apologize to the public for causing concern," adding, "I am currently
Park Jae-kyung Appointed as South Korea's Ambassador to Nepal
Park Jae-kyung, the current South Korean ambassador to Zimbabwe, has been appointed as the new ambassador to Nepal, where nine South Koreans have gone missing due to severe flooding.The Ministry of Foreign Affairs announced on August 28 that Park will travel to Nepal over the weekend to assume his new role, considering the current situation in the country.The South Korean embassy in Nepal has been operating under a chargé d'affaires since the previous ambassador, Park Tae-young, was recently rea
Muan County Selected as Candidate Site for Gwangju Military Airport Relocation
The site for the relocation of Gwangju Military Airport has been confirmed in Muan County, Jeollanam-do, where a semiconductor cluster is planned to be established.On August 28, the Ministry of National Defense held the second selection committee meeting for the relocation site at its headquarters in Yongsan, Seoul, and announced that the area of Mangun-myeon in Muan County has been designated as a candidate site for the Gwangju Military Airport relocation.The ministry explained that the selecti
Jang Dong-hyuk Visits Jeju Site of Missing Person Case, Calls for Thorough Investigation
장동혁 국민의힘 대표는 28일 '실종 신고 허위 종결 사건'이 발생한 제주를 찾아 "투명한 수사를 통해 진상을 밝혀야 한다"고 강조했다. 그는 경찰의 부실 수사를 지적하면서 검찰의 보완수사권 폐지에 따른 우려를 제기했다. 장 대표는 이날 경기 고양에서 열린 당 연찬회를 마친 뒤 제주로 이동해 실종 신고 허위 종결 사건의 피해자가 발견된 한림읍 야자수밭을 찾았다. 장 대표는 "발견 당시 피해자의 발이 땅에 닿아 있었고, 야자수 높이와 가지 상태를 봐도 합리적인 의심이 드는 지점이 여러 가지"라
Norwegian King Harald V, Europe's Oldest Monarch, Dies at 89
Norwegian King Harald V, the oldest monarch in Europe, has passed away at the age of 89.According to reports from AFP and other news outlets, the Norwegian royal family announced on the 28th (local time) that King Harald V had died.In a statement, the royal family expressed their sorrow, saying, "We are very sad to announce that King Harald V has passed away today," adding that he died peacefully at 6:35 a.m. at Oslo University Hospital. Following his death, his eldest son, Crown Prince Haakon,
Climate Crisis Hits the Himalayas: A Global Concern
The Himalayan foothills have been devastated. On August 26, a glacier collapse in the border area between Nepal and Tibet triggered landslides and floods, claiming hundreds of lives and leaving over 1,400 people missing. The collapse of a massive glacier in the Himalayas caused landslides, and the resulting debris led to rivers overflowing, quickly inundating villages.As global warming weakens the permafrost that has held rocks and glaciers together for thousands of years, a new type of disaster
SK Siltron Faces Labor Disputes Over Sale Amid Job Security Concerns
Labor disputes surrounding the sale of SK Siltron continue as negotiations over job security, working conditions, and compensation remain unresolved. The union plans to escalate its response if the company does not present satisfactory proposals regarding its core demands.As of August 28, industry sources report that the SK Siltron labor union has been conducting protests in front of the SK Serin Building in Jongno, Seoul, since August 26, urging SK to make responsible decisions and implement pr
Kakao Partners with LG Uplus to Develop Nationwide AI Platform
Kakao announced on August 28 that it has been selected as the lead organization for the Ministry of Science and ICT's "Everyone's AI" project, aimed at providing universal access to artificial intelligence services. The company plans to leverage the expertise of its consortium partners to build these services.The Kakao-led consortium includes key participants such as LG Uplus, LG AI Research, LG Electronics, LG CNS, Kakao Enterprise, Seoul National University Hospital, Shinhan Bank, Lunit, Wonde