News - English [KBS WORLD Radio]

North Says U.S. Attempts to Disable Spy Satellite Would Be 'Declaration of War'-Saturday, December 2, 2023,06:09

[Inter-Korea] : North Korea said it would regard attempts by the United States to disable its recently launched spy satellite as a declaration of war. In a Saturday statement carried by North Korea's state-run media outlet Korean Central News Agency (KCNA), a North Korean defense ministry spokesperson said if the ...[more...]

U.S. Fed Chair Says Talk of Rate Cuts 'Premature'-Saturday, December 2, 2023,05:32

[Economy] : U.S. Federal Reserve chair Jerome Powell said talk of cutting interest rates was premature, squashing market expectations. Speaking at Spelman College in Atlanta, Powell said it was too early to say confidently that the Fed had achieved a sufficiently restrictive stance or to speculate on when rate cuts ...[more...]

Ballerina Park Sae-eun Receives Medal from France's Culture Minister-Saturday, December 2, 2023,05:24

[Culture] : Korean ballerina Park Sae-eun received an arts and culture award from France's ministry of culture. Park's management agency Etoile Classic said Saturday she recently received the "chevalier" medal and a certificate in the name of France's minister of culture, Rima Abdul Malak, in ...[more...]

Budget Bill Deadline Passes for Yet Another Year-Saturday, December 2, 2023,05:00

[Politics] : Lawmakers once again failed to meet the deadline for the National Assembly to pass a budget bill on Saturday. The National Assembly could not pass the New Year budget bill by the December 2 deadline amid partisan wrangling over impeachment motions and other points of contention. With the special budgetary ...[more...]

Local Gasoline Prices Fall for 8th Straight Week-Saturday, December 2, 2023,04:40

[Economy] : Local gasoline prices have dropped for eight consecutive weeks.  According to Opinet, the Korea National Oil Corporation's online tracker, the average price of gasoline sold at pumps nationwide fell 18-point-nine won from the previous week, marking one-thousand-641-point-two won per liter on the ...[more...]

S. Korea Elected to UNIDO's Executive Board for 10th Straight Time-Saturday, December 2, 2023,04:37

[International] : South Korea was elected to the executive board of the United Nations Industrial Development Organization (UNIDO) for the tenth consecutive time. UNIDO elected 26 members of its Industrial Development Board at the organization's 20th general assembly in Vienna, Austria on Friday. Korea was ...[more...]

U.S. Defines 'Foreign Entities of Concern' Ineligible for EV Tax Credits -Saturday, December 2, 2023,04:31

[International] : The U.S. government will exclude all companies operating in China from its electric vehicle (EV) subsidies, including Chinese entities and foreign entities. The U.S. Treasury Department and Department of Energy announced Friday their rules defining "foreign entities of concern" (FEOC) that are ineligible ...[more...]

U.S. Approves Sale of $271 Million in F-35 Munitions, Equipment to Korea-Saturday, December 2, 2023,04:25

[International] : The U.S. government has approved the sale of some 271 million dollars worth of munitions and military equipment for the F-35 stealth fighter jet to Korea. In a press release, the Pentagon's Defense Security Cooperation Agency (DSCA) said the sale would support U.S. foreign policy and national ...[more...]