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Top headlines in major S. Korean newspapers

Economy 06:58 May 16, 2023

SEOUL, May 16 (Yonhap) -- The following are the top headlines in major South Korean newspapers on May 16.

Korean-language dailies
-- DP leader Lee Jae-myung opposed referring Rep. Kim Nam-kuk to ethics committee over cryptocurrency scandal (Kyunghyang Shinmun)
-- With record heat forecast for upcoming summer, people are afraid to turn on air conditioner due to rising energy costs (Kookmin Daily)
-- Prosecution raided crypto exchanges Upbit, Bithumb over lawmaker's cryptocurrency scandal (Donga Ilbo)
-- Ethics committee punishes zero lawmakers, facing distrust (Seoul Shinmun)
-- Facing dwindling population, provincial governments bring up expanding immigration (Segye Times)
-- Crypto exchanges Upbit, Bithumb raided over Rep. Kim Nam-kuk's cryptocurrency scandal (Chosun Ilbo)
-- Gov't takes baby steps to increase electricity, gas rates by 5 pct (JoongAng Ilbo)
-- Jang Se-dong, ex-dictator Chun Doo-hwan's right-hand man, went to Gwangju 3 days before uprising (Hankyoreh)
-- Victims lured over profit guarantee by 'coin president' (Hankook Ilbo)
-- Indonesia to build new green energy capital with S. Korea: Joko Widodo (Maeil Business Newspaper)
-- Electricity rate raised by 5.5 pct, KEPCO's normalization far from enough (Korea Economic Daily)

English-language dailies
-- Kishida wants 'new era of friendship' (Korea JoongAng Daily)
-- Electricity bills to rise by 5.3 pct as KEPCO battles mounting losses (Korea Herald)
-- Ukrainian first lady's visit may pressure Seoul to ship arms to Kyiv (Korea Times)
(END)

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