Hype vs. reality of Apple Pay in Seoul

Despite the charm of its newness, many users complain about the lack of NFC readers in stores

Shamans, curses and superstitions in contemporary South Korea

Despite prevalence of Christianity and Buddhism, indigenous shamanism lives on in everyday lives of Koreans

BAT’s design chief pursues perfection in simplicity

Ken Kim becomes first Korean to oversee design process of all BAT tobacco products

'Actors are drawn to exciting stories'

Choi Min-sik shares his thoughts on creative content business, global popularity of Korean dramas and films

2024 budget to boost defense, welfare spending

Government will refrain from cash handouts, Yoon says

[From the scene] Hype vs. reality of Apple Pay in Seoul

Despite the charm of its newness, many users complain about the lack of NFC readers in stores

The global banking crisis and world economy

By Jeffrey D. Sachs The banking crisis that hit Silicon Valley Bank at the beginning of March has now spread rapidly and widely. We recall with a shudder two recent financial contagions: the 1997 Asian Financial Crisis, which led to a deep Asian recession, and the 2008 Great Recession, which led to a global downturn. The new banking crisis hits a world economy already disrupted by the pandemic, the Ukraine War, Western sanctions on Russia, US-China tensions, and climate shocks. At the root of