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LATEST NEWS
For fans who missed ‘Nutcracker,’ ballet scene set for rebound in 2021
Theater
Jan 20, 2021
Universal Ballet, another major ballet troupe here, will present “Don Quixote,” June 4-6 at the Seoul Arts Center. Based on the famous Spanish novel by Miguel de Cervantes, the ballet work features S...
Korea eyes Novavax deal for 20 million people: Moon
Industry
Jan 20, 2021
Homegrown COVID-19 vaccines by SK Bioscience to become available starting 2022
Two-term lawmaker Hwang Hee named new culture minister
Culture
Jan 20, 2021
Culture Minister nominee Hwang Hee is a two-term lawmaker affiliated with the ruling Democratic Party, who began his political career in the late 1990s as a secretary to the late President Kim Dae-ju...
S. Korea adopts stricter forex rules for brokerages, insurers
Markets
Jan 20, 2021
South Korea’s financial authorities said Wednesday they plan to adopt stricter guidelines, regulations and monitoring for foreign exchange trading by local non-banking institutions such as brokerages...
Speculation over eBay’s sale of Korean unit grows amid appointment of new local CEO
Retail
Jan 20, 2021
EBay Korea appointed Chun Hang-il as its new chief executive officer on Wednesday, amid growing speculation that the US e-commerce firm is poised to sell its business interests in South Korea. Chun,...
Mirae Asset picked as lead manager of pension fund investment pool
Markets
Jan 20, 2021
South Korean asset management firm Mirae Asset Global Investments is poised to become a lead manager of the state-supervised investment pool of 63 Korean pension funds, according to the government on...
Kwon Chil-seung nominated to be minister of SMEs and Startups
Industry
Jan 20, 2021
Two-term Democratic Party of Korea lawmaker Kwon Chil-seung was named President Moon Jae-in’s nominee for minister of Small and Medium-sized Enterprises and Startups on Wednesday. If confirmed, he w...
US to review entire approach on NK: Secretary of State nominee Blinken
North Korea
Jan 20, 2021
Antony Blinken, incoming US President Joe Biden’s nominee for secretary of state, said the North’s nuclear problem has “gotten worse” and that the new administration is planning a full review of Wash...
GC Pharma to apply for COVID-19 plasma therapy EUA in April
Industry
Jan 20, 2021
Drug maker GC Pharma will apply to expedite the use of its plasma-derived COVID-19 treatment in April in Korea, the company said on Wednesday. The plasma therapy, GC5131A, which uses donated blood p...
KB Asset closes W220b ESG bond fund
Money
Jan 20, 2021
Seoul-based investment firm KB Asset Management said Wednesday it had closed a 220 billion won ($200 million) bond-investing private fund in order to embolden its focus on environmental, social and g...
Speed skater sues ex-teammate over emotional distress following Olympic controversy
Olympic Games
Jan 20, 2021
A years long controversy in South Korean speed skating took another twist Wednesday, with the announcement that one athlete has sued her former teammate over emotional distress. Legal representative...
‘Child abuse is still a family matter, not a crime, in Korea’
Social affairs
Jan 20, 2021
Adoption process should be tougher
LG Electronics to further expand smart factory scheme
Industry
Jan 20, 2021
LG Electronics Inc. on Wednesday said it plans to promote its smart factory push as the home appliance maker targets improving its productivity. LG announced it will spend 50 billion won ($45 millio...
USFK reports another virus case linked to Yongsan base
Defense
Jan 20, 2021
A US Department of Defense official working at an American military base in central Seoul has tested positive for the new coronavirus, US Forces Korea (USFK) said Wednesday. The American working at ...
S. Korea to enhance monitoring of non-bank institutions' FX liquidity
Economy
Jan 20, 2021
South Korea plans to monitor foreign exchange liquidity conditions for non-banking institutions on a monthly basis in a bid to ease potential market jitters caused by their dollar crunch, the finance...
MOST POPULAR
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[Feature] ‘Lost decade’ possible for South Korea as employment prospect dims among young job seekers
Korea’s COVID-19 numbers fall, but risks still loom
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Beauty stores ‘battered’ by coronavirus pandemic
Lotte, Shilla to close duty-free stores at Incheon Airport’s Terminal 1 after next month
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New virus cases over 400 again on cluster infections
Virus variants, infection cluster in Daejeon put authorities on alert
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Authorities on alert as mass virus outbreak infects 127 at missionary school
SK Holdings to invest in advanced materials, green, bio, digital sectors
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Samsung heir Lee, prosecutors won't appeal ruling in bribery case
LG charges ahead for tomorrow’s business
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