Most Popular
-
1
Yoon’s jailed mother-in-law excluded from latest parole list
-
2
[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
-
3
Korea’s homegrown nanosatellite successfully launches into space
-
4
Nicaragua shuts down Seoul embassy
-
5
Rocket engine expert, ex-NASA exec to lead Korea's new space agency
-
6
SNU profs to suspend treatment for one day
-
7
SK hynix pledges W20tr to ramp up DRAM production at home
-
8
Hybe's multilabel system tested amid conflict with Ador
-
9
Over-50s, men, single-person households take up majority of those filing for bankruptcy
-
10
Ministry denies blame for Jamboree debacle
-
[Today’s K-pop] Kep1er to disband after 2 1/2 years: report
Project girl group Kep1er will not extend its term beyond July, when it is due to end, according to a local media report on Thursday. The nine members will go separate ways when the group project ends but not before releasing an album and hosting a concert, it added. Management companies of the members – WakeOne and Swing -- gathered once last year to discuss continuing on as Kep1er but did not reach a decision. WakeOne Entertainment said that it is still in talks with the other agency as
K-popApril 25, 2024
-
LG Chem eyes new leap into top science company
LG Chem, South Korea's leading chemical company, unveiled Thursday a new vision to transform into a global top-tier science company, centering on its three business pillars -- electric mobility, sustainable materials and pharmaceuticals. Under the new vision, it has set an ambitious goal of reaching 60 trillion won ($43.6 billion) in sales by 2030. “LG Chem has achieved more than 10 times the sales growth over the past 20 years by diversifying its business portfolio, from battery bu
IndustryApril 25, 2024
-
Hyundai, Kia seek to boost presence in China market
Hyundai Motor Group on Wednesday unveiled a slew of new vehicles at the 2024 Beijing International Automotive Exhibition, ramping up efforts to boost its sluggish presence in the world's largest automotive market. At the Beijing Auto Show, one of the biggest motor shows that has returned in-person after four years, all three brands of the Korean auto giant -- Hyundai Motor, Kia and Genesis -- promised to introduce electric vehicles tailored for Chinese customers. Unveiling the Ioniq 5 N hig
IndustryApril 25, 2024
-
[팟캐스트] (578) 끝도 없이 오르는 한국의 식품 물가, 전세계 상승률 몇 위 일까?
진행자: 간형우, Ali Abbot Korea's food inflation surges to third-highest in OECD 기사 요약: 2월 식료품·음료 물가상승률 7% 기록한 한국, 2년 3개월 만에 OECD 평균 넘어섰다 [1] South Korea's food inflation spiked to 6.95 percent in February, the third-highest among member countries of the Organization for Economic Cooperation and Development. *inflation: 물가 상승율, 부풀리기 *spike: 급등하다, 못 [2] The OECD statistics for February announced Sunday reveal that Korea ranks third among 38 OECD member countries in terms of food and
PodcastApril 25, 2024
-
Seoul shares dip 1.76 % over tech, battery slump
South Korean stocks plummeted more than 1.7 percent Thursday as investors sought profits following the previous session's sharp rise amid mixed overnight results on Wall Street. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index slumped 47.13 points, or 1.76 percent, to 2,628.62. Trade volume was slim at 304 million shares worth 8.72 trillion won ($ 6.35 billion), with losers outpacing winners 487 to 360. Institutions and foreign investors combined so
MarketApril 25, 2024
-
S. Korea-US alliance won’t be swayed by US election outcomes: envoy
Cho Hyun-dong, South Korea's ambassador to the United States, said on Thursday that the current trajectory of the South Korea-US alliance, which has grown increasingly institutionalized, will not be swayed by US presidential election results. "One thing I can say for certain is that the axis of the Korea-US alliance is stronger than ever before, unparalleled by any previous period," Cho said during a press briefing held in Seoul. Cho underscored that the alliance "has already
Foreign AffairsApril 25, 2024
-
[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
Hyundai Motor Group has reiterated the importance of India and reaffirmed its commitment to the burgeoning market as its chief visited the world’s most populous country earlier this week. “India, one of the regions that has contributed the most to the growth of Hyundai Motor Group, has overcome many difficulties such as the global economic recession and supply chain crisis during the COVID-19 pandemic period and continuously came up with good performances,” said Hyundai Motor G
MobilityApril 25, 2024
-
Doctor gets suspended term for administering propofol to Yoo Ah-in
A doctor accused of illegally administering propofol for disgraced actor Yoo Ah-in and himself was sentenced to a prison term of one year and two months, suspended for two years, by a local court on Thursday. The Seoul Central District Court found the defendant surnamed Shin guilty of violating the Narcotics Control Act. It also ordered that he forfeit 270,000 won ($200) and undergo a 40-hour drug treatment program. The defendant is accused of administering propofol for Yoo on 17 occasions from
Social AffairsApril 25, 2024
-
Girl picks up pile of cash, helps return it to owner
The National Police Agency on Wednesday shared on its official YouTube page a video of a teenage girl who came across a pile of cash and helped return it to the owner. In the surveillance camera footage, a man was shown dropping 1.22 million won ($890) in cash while riding a bicycle in Hadong-gun, South Gyeongsang Province, on Feb. 27. A few moments later, a young girl came by and stopped in her tracks. She took out a phone to take a photo of the money, after which she picked up the bills. The
Social AffairsApril 25, 2024
-
Korea enters clear growth path as Q1 growth hits 2-year high
South Korea’s economy expanded at the fastest clip in more than two years in the first quarter as private spending and exports picked up, the central bank said Thursday. The country's real gross domestic product grew 1.3 percent on-quarter in the January-March period, accelerating from a 0.6 percent expansion in the fourth quarter last year, according to an advance estimate from the Bank of Korea. The latest GDP figure is a significant improvement from the past eight quarters, during
EconomyApril 25, 2024
-
Monthly users on local streaming platforms outpace Netflix, Disney+
The combined number of local users on South Korean streaming services surpassed that of foreign platforms such as Netflix and Disney+, a survey showed Thursday, a sign of rapidly changing trends in the streaming service landscape. According to a survey conducted in March by data and insight aggregator Mobile Index, about 57 percent of some 20.1 million streaming service users in Korea were using domestic platforms such as Coupang Play (23 percent), Tving (21 percent) and Wavve (13 percent). The
TelevisionApril 25, 2024
-
7 out of 10 wealthy Koreans offer grim outlook for 2024
The majority of wealthy South Koreans have a negative outlook on this year's economy, with plans to maintain their current asset portfolios. However, some are considering investing in real estate if the economy improves. These findings are from the "2024 Korean Wealth Report," compiled by a think tank under Hana Bank based on a survey of around 2,600 Koreans conducted in December last year. Of the respondents, 746 with over 1 billion won ($726,000) in financial assets -- including
EconomyApril 25, 2024
-
[KH Explains] Korean shipbuilding stocks rally: Real growth or bubble?
Since mid-March, Korea's leading shipbuilders have seen a significant uptick in their stock prices. Despite a sluggish start to the year due to a saturated order book and limited production capacity, renewed optimism has emerged among investors, possibly due to the anticipated benefits from escalating trade tensions between the US and China, along with the depreciation of the Korean won. Whether the trade war is the exact cause is unclear, particularly due to limited American purchasing pow
MobilityApril 25, 2024
-
Over 1,000 teens arrested for online gambling
More than 1,000 teenagers, including two elementary school children, were arrested during a six-month crackdown on online gambling among young people, officials said Thursday. The National Office of Investigation announced that it had apprehended 2,925 individuals, including 1,035 teenagers, in a bust initiated in September last year. Among them, 75 adults were formally arrested while 566 teens have been sent to counseling centers. During the crackdown, 61.9 billion won ($45 million) was confisc
Social AffairsApril 25, 2024
-
Medical reform committee kicks off despite boycott from doctors
A pan-national consultative group was launched Thursday to open a dialogue for South Korea’s medical reform but without doctors attending as they protest the government’s plan to expand the medical student quota by 2,000. The chair of the special presidential committee Noh Yun-hong who heads the Korea Pharmaceutical and Bio-Pharma Manufacturers Association, said the newly launched group will focus on long-term tasks such as improving working conditions for junior doctors and physicia
Social AffairsApril 25, 2024
-
Drone light shows over Han River in Seoul to begin Saturday
The Seoul Metropolitan Government said Thursday that the Hangang Drone Light Show 2024 along the Han River would begin on Saturday. Five such shows have been planned for the first half of this year, following those held last year. In the second half of this year, five drone shows will be held from September to October, according to the city government. The drone light show will take place at the waterfront stage in Jamsil Hangang Park for 15 minutes at 8 p.m., starting April 27 and during Seoul
Social AffairsApril 25, 2024
-
S. Korean patrol vessel to be transferred to Ecuador
The Korea Coast Guard announced that it will transfer a 3,000-ton patrol vessel to Ecuador after signing a memorandum of understanding with its defense minister on Thursday. According to the Coast Guard, Ecuadorian Defense Minister Giancarlo Loffredo signed the memorandum with the KCG to transfer the decommissioned patrol vessel -- the KCG3001 -- and visited the vessel mounted in Mokpo, South Jeolla Province, to review the handover process. The KCG3001 was the first 3,000-ton patrol vessel used
Foreign AffairsApril 25, 2024