Most Popular
-
1
Key S. Korean, USFK special operations officials to hold rare meeting amid NK threats
-
2
Jennie, Stray Kids's Met Gala attendance puts them on 'digital guillotine' blacklist
-
3
Controversy brews over shakeup of prosecutors amid probe of first lady
-
4
OpenAI gives ChatGPT new powers to see, hear
-
5
Another suspect behind murder of Korean tourist in Pattaya arrested in Cambodia
-
6
S. Korea to inject $70m into AI-powered public education
-
7
[KH Explains] Naver’s Line dilemma: Lose global footing for cash?
-
8
Korean industries gauge impact of Biden's steep tariffs on China
-
9
[Herald Interview] Carbon breakthrough in Korea: Making diamonds at atmospheric pressure
-
10
Do Korean doctors make too much money?
-
[Graphic News] Over 80% of people filing bankruptcy in Seoul in their 50s and older
More than 8 out of 10 people who filed for bankruptcy in Seoul last year were in their 50s and older, with many of them found to be male and people living alone, data showed. Of the 1,361 valid applications filed with the Seoul Financial Welfare Counseling Center last year, 86 percent were from those in their 50s or older, and 83.5 percent were recipients of basic living allowances from the government, according to survey results from the center. Of them, 64.4 percent were male, while single-p
Social AffairsMay 13, 2024
-
[Yoo Choon-sik] Promises for living cost problems
President Yoon Suk Yeol promised to do his best to control consumer prices as he resumed activities to interact directly with the public on Friday for the first time after the ruling party’s crushing defeat in the early April parliamentary election. The government also announced fresh measures to help counter the surging cost of living, led by rising food prices. This came a day after Yoon apologized for failing to solve the issues people face during his first news conference in nearly two
ViewpointsMay 13, 2024
-
[Ken Taylor] Reshaping the discourse on heritage
The focus of the proposal by Korea‘s Cultural Heritage Administration to shift the emphasis of the Korean system on perceptions of heritage is a landmark decision. Notably, it reflects international scholarly discourse and professional best practice thinking in the field of cultural heritage and natural heritage management in that over the last thirty years or so, the concept of heritage, its management processes and the very role it plays in the social arena have gone through significant
ViewpointsMay 13, 2024
-
[Editorial] Simplify property taxes
In South Korea, property tax is one of the most controversial and sensitive topics for both politicians and citizens. Since real estate prices and related taxes involve the bulk of individual assets, even a slight policy change, especially regarding taxation, tends to touch off heated disputes. In particular, the comprehensive real estate holding tax -- an additional tax burden imposed on owners of pricey houses -- is a hot-button issue, since major parties have long exchanged attacks at each ot
EditorialMay 13, 2024
-
N. Korea expresses full support for Palestinian UN membership
North Korea supports a United Nations resolution for Palestine's full membership, Pyongyang's foreign ministry said Sunday, criticizing the United States for vetoing the move. The remark came after the UN General Assembly urged the security council to give "favorable consideration" to full Palestinian membership on Friday (US time). "The DPRK fully supports it," a spokesperson for the North's foreign ministry said in a statement carried by the Korean Central Ne
North KoreaMay 12, 2024
-
Afghanistan floods devastate villages, killing 315
Flash floods caused by heavy rains have devastated villages in northern Afghanistan, killing 315 people and injuring more than 1,600, authorities said on Sunday, as villagers buried their dead and aid agencies warned of widening havoc. Thousands of homes were damaged and livestock wiped out, the Taliban-run refugee ministry said, while aid groups warned of damage to health care facilities and vital infrastructure, such as water supply, with streets left coated in mud. In the Nahrin district of B
World NewsMay 12, 2024
-
1 passenger dies after falling overboard on cruise ship
A passenger died after falling overboard on a cruise ship operating in the East Sea, authorities said Sunday. The 65-year-old passenger was transported to a nearby hospital after being rescued at 2:30 p.m., where the victim later died, according to the Gangwon State Fire Headquarters and the Korea Coast Guard. Two crew members also jumped into the sea to rescue the victim, with one of them being treated at the hospital for symptoms of hypothermia. The ship departed from Jumunjin, a port on the e
Social AffairsMay 12, 2024
-
[Herald Interview] Sculptor inspired by childhood friend nature
Wood sculptures that reveal both the soft inner bark and the rough outer bark appear to be stacked or clumped together – some may remind you of towers of stones carefully placed on top of each other, found along mountain trails and near mountainside Buddhist temples. The sculptures appear to breathe, their forms like blood vessels. The sculptures were part of artist Kim Yun-shin's solo exhibition at Kukje Gallery, which ran through April 28. "I do not know what kind of art is tre
Arts & DesignMay 12, 2024
-
LG Electronics CEO offers to pay $1m salary to top AI talents
LG Electronics Chief Executive Officer Cho Joo-wan traveled to the US to meet with big tech counterparts and discuss collaboration in artificial intelligence, as well as to secure AI talents, the company said Sunday. Hosting a tech conference in Cupertino, California on Saturday, Cho underscored the importance of talents in AI development and said the company is willing to offer large salaries to secure top talents. "Changes such as electrification, servitization and digitalization are occu
IndustryMay 12, 2024
-
Hybe-Ador CEO conflict gets messier
What started as a dispute between Hybe and Min Hee-jin, the CEO of its subsidiary, Ador, over Min's alleged attempt to usurp management rights is getting messier. Hybe last Friday released a statement saying it would take civil action against Min for revealing an internal audit it had conducted Thursday of Ador’s styling directing team leader over suspicion of embezzlement. Ador’s team leader is alleged to have received advertising fees directly from an advertiser instead of thr
K-popMay 12, 2024
-
[Contribution] Korea should prioritize innovation, not misguided platform regulation
By Hong Dae-sik & D. Daniel Sokol Korea rightly aspires to be a tech leader, but misguided regulation threatens its innovation prowess. Korean officials are considering platform legislation modeled after the European Union’s recently implemented Digital Markets Act. But that untested law has been widely criticized and prior European legislation, the General Data Protection Regulation, has hurt European competition -- leading to less AI investment by venture capitalists and one-third
IndustryMay 12, 2024
-
Battery makers ramp up efforts to diversify graphite supply chain
Korean battery makers are speeding up efforts to diversify their supply chains to source key materials, including graphite, as the US pushes back the deadline for the ban on the use of Chinese minerals by two years. Earlier this month, the US Treasury Department announced an extension to its $7,500 tax credit scheme for electric vehicles containing components from Foreign Entities of Concern, which includes China, until the end of 2026. "There have been concerns that if Korean batteries fai
IndustryMay 12, 2024
-
Yoon names new military manpower chief
South Korean President Yoon Suk Yeol has approved the appointment of Kim Jong-cheol, the incumbent deputy chief of the Presidential Security Service, as the new commissioner of the Military Manpower Administration as of Monday, Yoon's office announced on Sunday. Kim becomes the second head of the governmental body responsible for conscription, call-ups, and other military administration under the Yoon presidency. According to the presidential office, Kim is described as a "military adm
DefenseMay 12, 2024
-
Popular online game soundtracks recreated as traditional music
The soundtracks of popular online games such as Black Desert and Lineage have been recreated as traditional Korean music. The National Gugak Center is unveiling a series of single albums titled "National Gugak Center x Game Sound Series," which rearranges 13 popular game melodies into traditional Korean music, starting from last Thursday to May 24. Among the tracks are theme songs and background music from Lies of P, Skul, Sanabi, MapleStory, TalesWeaver, Epic Seven, Lost Ark, Guardian
PerformanceMay 12, 2024
-
[LLG] Unseen inheritance: Trauma of transnational adoption 'trickles down' to adoptees' children
As South Korea’s dark past of international adoptions continues to unravel, an unexpected second storm has emerged. Intergenerational trauma -- a concept from the field of counseling psychology that has come into wider use in recent years -- is connecting a generation of adoptees' children feeling the effects of their parents’ adoption experiences. With their newfound collective voice, adoptees' children are raising awareness for their community and the need for clarity on
Hashtag KoreaMay 12, 2024
-
Samsung Electronics microwave tops European market
Samsung Electronics said Sunday that it has retained its top market share position in the microwave market in Europe for the ninth consecutive year. According to market research firm Euromonitor, Samsung Electronics ranked No. 1 with a market share of 15.3 percent in the microwave segment across 19 European countries surveyed last year. The company targeted the market by offering premium materials and distinctive designs, reflecting the high level of interest in kitchen interior design among Eur
TechnologyMay 12, 2024
-
[Photo News] Empowering jobseekers
Hana Financial Group Chairman Ham Young-joo (front row; second from right) and Vice Minister of Employment and Labor Lee Sung-hee (front row; third from right) pose for a photo during the launch event of the firm's social contribution program, "Hana Power On Innovative Company Internship," held at the group's headquarters in Jung-gu, central Seoul, Thursday. Since 2018, Hana has been supporting innovative companies in hiring socially vulnerable groups, such as the disab
IndustryMay 12, 2024
-
Court's ruling set to shape path of medical school expansion
The Korean government's plan to increase the number of medical students starting next year will soon take shape as the Seoul High Court is expected to deliver its decision this week on the medical circle's request to suspend the implementation of the planned medical student quota hike. If the court rejects the appeal filed by medical professors, students and junior doctors against the government's hike in the medical school quota in 32 medical schools, the government will likely a
Social AffairsMay 12, 2024
-
Motional delays self-driving service launch to 2026 following Hyundai investment
Hyundai Motor Group's joint venture Motional announced staff reductions and a two-year delay to its driverless taxi service plans last week, following the group's 1.29 trillion won ($941 million) injection into the startup earlier this month, reflecting growing industry pessimism about the viability of self-driving cars. Hyundai established Motional with Aptiv in the US in 2020 and launched its Ioniq 5-based robo-taxi service with Uber and Lyft last year. However, the rollout of the second-
MobilityMay 12, 2024
-
Loans of self-employed swell 50% in four years
The reliance on bank loans among self-employed South Koreans has surged considerably since the onset of the pandemic, with the overall loan volume and the default rate rising steeply in the past four years. According to data from the nation's major credit ratings firm Nice, provided to Rep. Yang Kyung-sook of the main opposition Democratic Party of Korea, the outstanding loans to self-employed individuals from local financial institutions totaled 1,112.74 trillion won ($811 billion) as of t
EconomyMay 12, 2024