Kim Na-young

South Korea

Staff Writer at Yonhap News Agency (Korean)

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Prosecutors raid K-pop powerhouse Hybe over allegations of fraudulent trading

1 week ago | en.yna.co.kr | Kim Na-young

SEOUL, May 29 (Yonhap) -- Prosecutors have raided Hybe Co., a K-pop agency behind global superstar BTS, over allegations of insider trading by one of its executives, judicial sources said Thursday. According to the sources, the Seoul Southern District Prosecutors Office recently searched Hybe's headquarters in central Seoul to investigate allegations that an executive gained illicit profits worth 240 million won (US$176,500) through stock trading using insider information.
(4th LD) Record 19.58 pct cast ballots on 1st day of early voting for presidential election

1 week ago | en.yna.co.kr | Kim Na-young

(ATTN: RECASTS headline; UPDATES with voter turnout in first 5 paras; ADDS photo; TRIMS)By Yi Wonju SEOUL, May 29 (Yonhap) -- An all-time high of 19.58 percent of voters cast their ballots Thursday on the first day of early voting for the upcoming presidential election to elect the successor to former President Yoon Suk Yeol, who was ousted over his failed martial law bid. The two-day early voting began at 3,568 polling stations nationwide earlier in the day.
DP candidate Lee highlights USFK's role in China containment: report

1 week ago | en.yna.co.kr | Kim Na-young

SEOUL, May 29 (Yonhap) -- Lee Jae-myung, presidential candidate of South Korea's progressive Democratic Party, has highlighted the strategic importance of U.S. Forces Korea (USFK) in Washington's efforts to contain China amid speculation the Donald Trump administration may scale down American troops stationed in the country.
(6th LD) All 4 Navy officers aboard patrol aircraft killed after crash in Pohang: Navy

1 week ago | en.yna.co.kr | Kim Na-young

(ATTN: RECASTS headline, lead; UPDATES with latest info from Navy in 4th para; ADDS photo) SEOUL/POHANG, South Korea, May 29 (Yonhap) -- All four Navy officers aboard a maritime patrol aircraft were killed after the plane crashed on a mountain in the southeastern city of Pohang on Thursday, the Navy said. The crash occurred at around 1:49 p.m., and witnesses reported smoke rising from the mountain with sounds of explosions.
(URGENT) All 4 bodies retrieved after Navy patrol aircraft crashes in Pohang: Navy

1 week ago | en.yna.co.kr | Kim Na-young

Trump threatens to impose 25 pct tariffs on Apple, Samsung smartphones not made in U.S.
Yonhap News Summary

1 week ago | en.yna.co.kr | Kim Na-young

The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ----------------- ■ (2nd LD) Navy patrol plane crashes in Pohang; 4 people aboard SEOUL/POHANG -- A Navy patrol plane carrying four people crashed on a mountain in the southeastern city of Pohang on Thursday, authorities said. The crash occurred at 1:50 p.m., and witnesses reported smoke rising from the mountain.
KEPCO in talks with Vietnam, Saudi Arabia, Turkey for potential power plant deals

1 week ago | en.yna.co.kr | Kim Na-young

SEOUL, May 29 (Yonhap) -- The state-run Korea Electric Power Corp. (KEPCO) has been in talks with Vietnam, Saudi Arabia, Turkey and other countries over potential nuclear power plant deals, the company said Thursday. KEPCO said a number of countries, including the three, are interested in South Korea's experience and capabilities proven by successfully constructing the Barakah nuclear power plant in the United Arab Emirates (UAE), vowing to work to win more export deals.
S. Korea to spend 480 bln won on developing AI-related services in 2025

1 week ago | en.yna.co.kr | Kim Na-young

SEOUL, May 28 (Yonhap) -- South Korea will spend some 480 billion won (US$349.1 million) this year to develop innovative products and services based on artificial intelligence (AI), such as AI factories, AI chips and self-driving cars, the industry ministry said Wednesday. The Ministry of Trade, Industry and Energy said the investment is aimed at promoting the industrial use of AI to foster new growth engines and advance the country's manufacturing industry.
Gov't to extend 250 bln won in loans to auto-parts manufacturers to soften blow from U.S. tariffs

1 week ago | en.yna.co.kr | Kim Na-young

SEOUL, May 28 (Yonhap) -- The government will extend a combined 250 billion won (US$182.4 million) worth of low-interest loans to small and medium-sized auto-parts manufacturing firms until the end of next year as part of efforts to help buffer shocks from U.S. tariff measures, the industry ministry said Wednesday.
Retail sales rise 7 pct in April on strong performance of online food, grocery delivery services: data

1 week ago | en.yna.co.kr | Kim Na-young

SEOUL, May 28 (Yonhap) -- South Korean retailers saw their sales increase 7 percent from a year earlier in April thanks to robust demand for online food and grocery delivery services, data showed Wednesday. Last month, the combined revenue of major online retail companies expanded 15.8 percent from a year ago, while that of offline platforms decreased 1.9 percent, according to data compiled by the Ministry of Trade, Industry and Energy.