Most Popular
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[KH Explains] Why Korea's so tough on short selling
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[News Focus] Mystery deepens after hundreds of cat deaths in S. Korea
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Iran’s president found dead at helicopter crash site
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‘Kim desperately wanted to denuclearize,’ Moon writes in memoirs
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Actors involved in past controversies return first via streaming service originals
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N. Korea slams US subcritical nuclear test, vows measures to bolster nuclear deterrence
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S. Korea's exports of instant noodles surpass $100m for 1st time in April: data
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Korea set to finalize medical school expansion plans
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Seoul City to open 'hotel' on river bridge
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Korean builders nervous about possible setbacks in Middle East
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7 contemporary Korean dance groups to tour Hungary, US
Seven Korean dance groups are scheduled to tour Budapest and the US from Tuesday to June 16. The tour will cover four cities: Budapest in Hungary, Seattle, Hudson Valley and Manhattan in the United States, starting with the 11th International Monodance Festival held at the Bethlen Theater in Budapest on Tuesday. On June 2, the "Seoul-Mate Korea Dance Festival" will be showcased at the Stissing Center for Arts and Culture in Hudson Valley, New York, and at the Cosmopolitan Club in Manha
PerformanceMay 20, 2024
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Taiwan's new President Lai in his inauguration speech urges China to stop its military intimidation
TAIPEI, Taiwan — Taiwan’s new president, Lai Ching-te, said in his inauguration speech Monday that he wants peace with China and urged it to stop its military threats and intimidation of the self-governed island that Beijing claims as its own territory. “I hope that China will face the reality of (Taiwan)’s existence, respect the choices of the people of Taiwan, and in good faith, choose dialogue over confrontation,” Lai said after being sworn into office. Lai ple
World NewsMay 20, 2024
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Bucheon Fantastic Film Fest to revisit Son Ye-jin’s career
The 28th Bucheon International Fantastic Film Festival is holding a special exhibition on celebrated South Korean actor Son Ye-jin. She is the sixth actor to have a retrospective exhibition at BIFAN. Other luminaries in the Korean film industry such as actors Choi Min-sik, Jeon Do-yeon, Jung Woo-sung, Kim Hye-soo and Sol Kyung-ku have been previously highlighted in BIFAN exhibitions. The 28th BIFAN kicks off July 4 and runs through July 14. Titled “Unrivaled Son Ye-jin” (direct trans
FilmMay 20, 2024
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Foreign holdings of top 4 Korean finance giants hit record high
Foreign holdings in South Korean banking groups' shares have surged to a record high, driven by government and corporate efforts to boost local stock values. Industry reports indicate that the average foreign ownership of shares in four major local finance groups -- KB, Shinhan, Hana and Woori -- reached 62.7 percent Friday, marking an all-time high. This figure reflects a 3.1 percent increase from the end of last year, significantly higher than the average 1 percent increase observed on Ko
IndustryMay 20, 2024
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S. Korea expresses condolences over death of Iranian president
The South Korean government expressed condolences on Monday over the death of Iranian President Ebrahim Raisi and the other passengers involved in a helicopter crash. "The government expresses its deepest condolences and sympathy to the bereaved families and the people of Iran for the loss of the Iranian president and his entourage in the helicopter crash that occurred on May 19," read a statement issued under the name of South Korea's Foreign Ministry spokesperson. "(The gov
Foreign AffairsMay 20, 2024
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AI Seoul Summit to discuss ways to make AI equitable in Global South
The AI Seoul Summit may serve as a platform to discuss ways to make artificial intelligence technology equitable in marginalized countries in the so-called "Global South," according to the presidential office on Monday. From the perspective of AI's inclusivity -- one of the three pillars of the global AI governance suggested in the upcoming event along with safety and innovation -- developed countries taking part in the AI Seoul Summit are to discuss AI's expansion in the Global South,
PoliticsMay 20, 2024
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[Today’s K-pop] Seventeen to launch new subunit duo
Junghan and Wonwoo of Seventeen will form a new subunit and roll out the single “This Man-The City” on June 17, agency Pledis Entertainment announced Monday. The news came through a video of nighttime in a city that goes black after lightning strikes. Expectations are high for the two, especially since they are an unlikely pair, Junghan from its “vocal team” and Wonwoo from “hip-hop team.” The latter sang with Mingyu for the digital single “Bittersweet (
K-popMay 20, 2024
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Korea's increasing US investment mutually beneficial: report
South Korea's investment in the US creates a win-win effect for both countries as Korean companies' entry into the US contributes to the growth of Korea's exports while enhancing employment, economic growth and exports to the US, an industry report said Monday. Pouring a growing volume of investments in the US, Korean companies entering the US are found to contribute to the US economy in terms of employment, economic growth and exports, according to the report titled "Korea
EconomyMay 20, 2024
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'NewJeans is the biggest victim in Hybe-Ador feud,' music critic
NewJeans, the popular K-pop girl band of Hybe’s music subsidiary Ador, is turning out to be the biggest victim in the ongoing feud between Hybe and Ador CEO Min Hee-jin, sparked by Min's alleged breach of trust, an industry source said Monday. It was all about NewJeans from the start, when Min sent an email to the executives of Hybe on April 3 arguing that new girl group Illit, which debuted under Belift Lab, another Hybe subsidiary, had plagiarized NewJeans’ style and concept.
K-popMay 20, 2024
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'K-Respect Day' to promote cultural understanding, combat hate speech
The Sunfull Foundation will inaugurate "K-Respect Day" on Thursday, aiming to foster respect and understanding among people of diverse cultural backgrounds. "Korea is a multicultural country with 2.5 million foreigners. Despite their contributions, they still face prejudice and discrimination. This ceremony will promote understanding and respect for people from different cultures,” explained Min Byoung-chul, founder and chairman of the Sunfull Foundation. The ceremony will
Social AffairsMay 20, 2024
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Seoul bans bee-toxic pesticides in parks, roadside trees
In a move to protect bees and promote a healthier urban environment, the Seoul Metropolitan Government announced Monday a ban on the use of neonicotinoid pesticides in parks and on roadside trees. While the correlation between neonicotinoid pesticides and bee deaths is still under investigation, the Seoul Metropolitan Government cited the potential risks to the environment for its decision to switch to less harmful alternatives. “We will minimize the use of chemical pesticides and expand e
Social AffairsMay 20, 2024
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XR partnership between LG, Meta falls through
The highly-publicized partnership between LG Electronics and Meta for an extended reality device seems to have fallen through largely due to the lukewarm outlook for the XR market overall, according to industry sources on Monday. “LG and Meta may continue collaborating in other areas such as artificial intelligence and metaverse. But for an XR device, they are pushing back their plans after seeing the sluggish sales of the earlier models, especially Apple’s Vision Pro,” an indu
IndustryMay 20, 2024
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Seoul shares close higher on tech, auto gains
South Korean stocks finished higher Monday led by strong gains in chip and auto heavyweights ahead of key events in the United States. The local currency fell slightly against the US dollar. The benchmark Korea Composite Stock Price Index climbed 17.52 points, or 0.64 percent, to 2,742.14, rebounding from a 1.03 percent drop the previous session. Trade volume was moderate at 572.2 million shares worth 12.1 trillion won ($8.92 billion), with losers slightly beating winners 474 to 402. Institution
MarketMay 20, 2024
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Sejong Center's Sync Next aims to attract new audiences
The Sejong Center for the Performing Arts, one of the country’s best-known performing arts centers, is bringing back Sync Next 2024, the name for its its program this summer, to contemplate the future of art and to “synchronize” with the audience, which is always “ahead.” “Art has always strived and transformed desperately to connect with its audience in every era. Artists have endured immense suffering to gain audiences, and art has continuously evolved to
CultureMay 20, 2024
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Iranian President Raisi: Hard-liner on morality, protests, nuclear talks
Iranian President Ebrahim Raisi, whose helicopter crashed in mountainous terrain in northern Iran on Sunday, became a contender to be Iran's next supreme leader with a clampdown on morality questions and a bloody crackdown on the nationwide protests it triggered. Raisi's victory in an election in 2021, after heavyweight conservative and moderate rivals were disqualified by a hard-line oversight body, brought all branches of power under the control of hard-liners loyal to Supreme Leader
World NewsMay 20, 2024
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Hermes celebrates craftsmanship
An exhibition shedding light on a culture of commitment to “exceptional craftsmanship” that powers Hermes is taking place in Seoul, as artisans demonstrate in person how the French luxury house has come to embody “know-how” and “creativity." At “Hermes in the Making,” 11 artisans -- all from France with one exception from Switzerland who works on watches -- offer a glimpse of their craft processes involving leather, silk, porcelain and gemstones, wi
Arts & DesignMay 20, 2024
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Chinese e-commerce sales slow in April amid safety concerns
Chinese e-commerce platforms, including the big three -- AliExpress, Temu and Shein -- suffered a more than 40 percent fall in sales in April, possibly hit hard by consumer concerns over product safety. According to a Monday report by BC Card, the nation’s largest payment processing company, payments on Chinese e-commerce platforms dropped more than 40 percent last month compared to the previous month. The transaction volume also decreased by 38.1 percent over the same period. Payments for
IndustryMay 20, 2024