South Korea's exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead.
CEO Kim Yi-bae says the airline will reduce winter traffic by between 10-15%, but stresses this is not an admission that it was running too many planes.
All 181 passengers and crew aboard a passenger jet that crashed upon landing in South Korea on Sunday morning are presumed dead except for two people rescued from the wreckage, authorities said.
By Joyce Lee SEOUL (Reuters) -South Korea's leadership crisis will play out in the Constitutional Court, which will decide the fates of President Yoon Suk Yeol and Prime Minister Han Duck-soo, both impeached and suspended from power over a short-lived martial law.
The police are investigating whether President Yoon Suk Yeol tried to lead an insurrection when he declared martial law and plunged the country into crisis.
A Jeju Air flight drove off the runway in South Korea and collided with a fence, leaving dozens of passengers dead, the Yonhap News Agency reported.
South Korea's Transportation Minister Park Sang-woo said 174 victims of the 179 people killed in a plane crash have been identified, while 5 are still waiting to be identified as of Tuesday morning.
South Korea’s exports maintained growth momentum in December as demand from China increased while semiconductor sales stayed resilient.
A South Korean court gave authorities approval on Tuesday to detain impeached President Yoon Suk Yeol in a criminal investigation into his martial law decree, marking the first time that a sitting president of the country has faced arrest.
The Jeju Air jetliner was carrying 175 passengers and six crew when it crash-landed at Muan International Airport just after 9 a.m. local time Sunday.
South Korea’s presidential advisers are seeking to resign en masse following a decision by Acting President Choi Sang-mok to appoint new judges to join the impeachment trial against President Yoon Suk Yeol.