Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Official campaigning kicks off for April 10 elections
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Dialogue hopes fade as doctors pick hard-liner as new head
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
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Korea enters full election mode
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[Kim Seong-kon] The April 2024 election will decide our future
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Seoul’s bus union prepares for strike
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[Hello India] Corporate Korea sees new growth drivers in India
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[Herald Interview] ‘Meaty rice will become reality sooner than you think’
A Korean research team has recently unveiled a bowl of pink rice, a new lab-made hybrid rice, which they say could offer a cheaper and more sustainable source of protein not just for those on a vegan diet, but also for countries still reeling from food crises. “The lab-made beef rice could hit supermarket shelves sooner than you think if regulatory issues are cleared,” Hong Jin-kee, a chemical and biomolecular engineering professor at Yonsei University and the leader of the research
IndustryMarch 18, 2024
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Celltrion's Zymfentra makes US debut
Korean biopharmaceuticals firm Celltrion announced Monday that its new autoimmune disease treatment Zymfentra has been launched in the US market. Zymfentra is a subcutaneous injection formulation of Celltrion's infliximab Remsima. In October last year, the US Food and Drug Administration approved Zymfentra (infliximab-dyyb) for the maintenance treatment of adults with moderately to severely active ulcerative colitis and Crohn’s disease. "Infliximab is a well-established treatment
IndustryMarch 18, 2024
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S. Korean stocks close higher ahead of US Fed meeting
South Korean stocks closed slightly higher Monday ahead of a US Fed meeting where investors believe signs of a possible rate cut down the road may emerge. The local currency lost ground against the US dollar. The benchmark Korea Composite Stock Price Index gained 19.00 points, or 0.71 percent, to close at 2,685.84. Trade volume was moderate at 401 million shares worth 9.35 trillion won ($7 billion), with losers outnumbering gainers 439 to 434. Institutions were the sole buyers, net purchasing 22
MarketMarch 18, 2024
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Man arrested for stealing semen of hanwoo breeding bull
A South Korean man was arrested for breaking into a livestock lab in Jangsu County, North Jeolla Province, and stealing the semen of a Korean bull of high genetic significance, local police said Monday. According to the county police, the suspect, a meat industry insider in his 30s, is alleged to have broken into the laboratory around 8 p.m. on March 8 and committed the theft. He stored the stolen semen in a cryogenic nitrogen container which he had to preserve its condition. The suspect was i
Social AffairsMarch 18, 2024
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Igis to create fancy office complex in central Seoul
Local real estate asset manager Igis Asset Management is set to move forward with its plan to refurbish the office area near the Seoul Station, having recently acquired two office properties on the site. The asset manager announced Monday it had acquired Metro Tower (41,139.6-square-meters) and Seoullo Tower (27,897.5-square-meters) in the area, which connects with another property owned by the company, the Millennium Hilton Seoul. Through the project, the area, situated near the iconic Namsan,
IndustryMarch 18, 2024
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[History through films] ‘Ode to My Father,’ story of Korean fathers in the post-war era
Director Yoon Je-kyoon’s 2014 hit drama flick “Ode to My Father,” which drew crowds of 14.2 million upon its release, is the fourth most successful film in South Korea's history. The movie is still talked about as a work that helped foster a deeper understanding of Korea’s modern history and how people lived through the post-war era. The movie follows the journey of Deok-soo (Hwang Jung-min) and his efforts to protect his family, spanning from his early adulthood to
FilmMarch 18, 2024
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Putin wins election in landslide with no serious competition
MOSCOW -- President Vladimir Putin won a record post-Soviet landslide in Russia's election on Sunday, cementing his already tight grip on power in a victory he said showed Moscow had been right to stand up to the West and send its troops into Ukraine. Putin, a former KGB lieutenant colonel who first rose to power in 1999, made it clear that the result should send a message to the West that its leaders will have to reckon with an emboldened Russia, whether in war or in peace, for many more y
World NewsMarch 18, 2024
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Kumho Tire to make EV push with EnnoV rebrand
Kumho Tire recently introduced EnnoV, the company's newly branded lineup of tires designed specifically for electric vehicles, stepping up its game in the EV tire competition with Hankook Tire & Technology’s iON brand. The launch took place during the EnnoV Experience Day at the Korea Automobile Testing & Research Institute in Hwaseong, Gyeonggi Province, on March 15. EnnoV marks a significant rebranding effort by Kumho Tire, consolidating its EV-specific tires, including mode
MobilityMarch 18, 2024
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Yoon orders measures to stem fruit prices
President Yoon Suk Yeol on Monday pledged to lay out contingency measures to stem the acute food price hikes in South Korea. Beginning Monday, at least 150 billion won ($112.5 million) of emergency funds will be deployed to stabilize the price partly by reducing or lifting tariffs on imported fruit, on a limited amount of agricultural goods or processed foods. If the plan as of Monday goes full-fledged, a total of 29 types of fruit will be subject to "tariff quotas" -- permission to im
PoliticsMarch 18, 2024
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Dyson founder visits Seoul for global debut of new hair dryer
James Dyson, the founder and senior engineer of UK home appliance giant Dyson, visited Seoul on Monday to unveil the company’s new hair dryer, the Dyson Supersonic Nural. The new hair dryer, which is designed to better protect hair and the scalp from heat, made its global debut in Korea, one of the brand’s top-selling markets. The 76-year-old Dyson founder showed his appreciation for the local market as he took the stage to introduce the new machine in person. “What we are tryi
IndustryMarch 18, 2024
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Leaders call for action against threats to democracy posed by AI
The third Summit for Democracy kicked off on Monday in Seoul, underscoring the urgency of addressing digital technology threats, particularly the proliferation of disinformation fueled by artificial intelligence, which poses a challenge to the foundations of democracy. President Yoon Suk Yeol shed light on the paradoxical nature of digital technologies, highlighting their simultaneous provision of "convenience" and their instigation of a "crisis of democracy" in his welcoming
Foreign AffairsMarch 18, 2024
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4 out of 10 Korean youths say 'reunification not necessary'
Four out of 10 students in South Korea believe that reunification between the divided Koreas is no longer necessary, a government survey showed. The survey conducted in October last year by the Ministry of Unification involving 73,991 students aged 6 to 18 across the country comes amid escalating inter-Korean tensions. Pyongyang has conducted five rounds of cruise missile tests so far this year. Some 38.9 percent of the respondents responded that reunification is "not necessary," marki
North KoreaMarch 18, 2024
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Seoul city offers up to W200m to foreign-invested firms for new hiring
The Seoul Metropolitan Government announced Monday that the city would provide subsidies of up to 200 million won ($150,000) per firm to foreign-invested enterprises -- legal structures in which overseas-based companies can participate in the economy here -- in growth industries and that hire six or more new employees. Under the subsidy plan, the new employees must be Korean nationals and retained until 2026. To be eligible, enterprises must have invested in one of the city’s eight new gro
Social AffairsMarch 18, 2024
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Private physicians mull reducing night service, weekend openings
Private practitioners nationwide are mulling whether to reduce night services and weekend openings in protest against the government’s medical reform policies. Kim Dong-seok, an obstetrician who heads the Korean Medical Practitioners Association, a group representing private physicians, said during a spring medical academic conference Sunday afternoon that private medical practices are considering taking action to support junior doctors and medical professors’ walkout by shortening t
Social AffairsMarch 18, 2024
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Pressure mounts on Yoon aide over remarks threatening press freedom
President Yoon Suk Yeol's office on Monday released a statement over mounting calls for presidential aide Hwang Sang-moo to step down after his controversial remarks about press freedom were disclosed by a media outlet. The presidential office said in a statement that it "respects press freedom" and the responsibilities that come with that freedom. Yoon's office also denied that it has ever attempted to suppress the media's freedom of expression. "The presidential o
PoliticsMarch 18, 2024
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S. Korea to crack down on ticket scalping via macro tools
The South Korean government said Monday that the recent law revision banning the use of macro tools to buy tickets will take effect Friday as part of its measures to fight widespread ticket scalping in the country. The revision of the Public Performance Act specifies that no one shall illegally buy tickets for performances by using computer programing tools for automated repetitive inputs -- the macro programs -- for the purpose of reselling them, according to the Ministry of Culture, Sports and
Social AffairsMarch 18, 2024
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K-water to share know-how with Vietnam
Korea Water Resources, the state-run water management agency, announced Monday that it has partnered with Vietnam’s National Center for Water Resources Planning and Investigation to address the country's water concerns and mitigate against climate change impacts. The collaboration was formalized through a memorandum of understanding signed at the International Conference on Water held in Hanoi, Vietnam, on March 15. Vietnam grapples with water scarcity as it is located downstream of t
IndustryMarch 18, 2024
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Odaesan braille map marks start of project to make nature more accessible
Braille maps of Odaesan National Park, located in Gangwon Province, are now available, the Korea National Park Service announced Monday. The release marks the first of a planned series covering all 23 national parks designed to assist both people with low vision and those who are blind. Developed in collaboration between the parks administration body and the National Geographic Information Institute, the maps, including the inaugural edition for Odaesan, will be distributed to centers and school
Social AffairsMarch 18, 2024
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Kim Jong-kook to hold first Japan fan meeting in 16 years
Singer Kim Jong-kook will meet his Japanese fans in April for the first time in 16 years. The "Loveable Fanmeeting in Japan 2024" will be held at the Tempo Harbor Theater in Osaka, Japan, on April 6, according to his agency Turbo JK Co. Kim Jong-kook's last fan meeting in Japan took place in Tokyo in 2008, and he last performed in Japan in Tokyo and Osaka in 2010. Kim's agency noted that the singer is preparing a variety of events to entertain his fans, as it has been a long
PerformanceMarch 18, 2024
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Noel Gallagher to return to Korea in July
Noel Gallagher, the lead guitarist and a vocalist of 1990s megahit rock band Oasis, will visit Korea in July. Live Nation Korea, the organizer of the concert, said the singer-songwriter will hold a concert at Kintex in Ilsan, Gyeonggi Province, on July 26. Local indie rock band Silica Gel will be the opening act. Gallagher posted an image to promote the concert on his Instagram and added, in Korean, "You are all living young and invincible, right? See you in the summer." His most recen
PerformanceMarch 18, 2024