Most Popular
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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S. Korean children, teens grow taller, mature faster than before: study
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Army takes group action against Hybe for neglecting BTS
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Some junior doctors are returning: Health Ministry
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Marine Corps commander summoned by CIO for questioning on alleged influence-peddling case
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[Robert J. Fouser] AI changes rationale for learning languages
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Ador CEO's request for exclusive right to terminate NewJeans' contract with Hybe refused in February
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Woman dangling from power lines rescued by residents holding blanket
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Seoul shares close lower amid growing Middle East tension; won at 17-month low
South Korean stocks fell 0.42 percent Monday due to heightened geopolitical uncertainties in the Middle East following Iran's recent drone and missile attacks on Israel. The Korean won fell sharply against the US dollar. The benchmark Korea Composite Stock Price Index plunged 11.39 points, or 0.42 percent, to close at 2,670.43, after falling as low as 2,641.16 at one point. Trade volume was moderate at 552 million shares worth 10.3 trillion won ($7.45 billion), with decliners outpacing gain
MarketApril 15, 2024
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Guterres urges maximum restraint after Iranian assault on Israel
United Nations Secretary-General Antonio Guterres on Sunday warned members not to further escalate tensions with reprisals against Iran, while the US warned the Security Council it would work to hold Tehran accountable at the UN. Guterres, speaking to a meeting of the UN Security Council, told member states that the UN charter bars the use of force against the territorial integrity or political independence of any state as he also condemned Iran's attack on Israel. Iran launched a swarm of
World NewsApril 15, 2024
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Hanlim, Kazakhstan partner on greenhouse gas reduction project
Hanlim Architecture Group said Saturday it was embarking on a joint collaboration with Kazakhstan's environmental group KMG and the city of Shymkent on a landfill greenhouse gas reduction project. The partnership went through a joint project agreement, which was marked by a visit to the landfill site in Shymkent, Kazakhstan, by KMG Chairman Choi Ik-jun, Hanlim Architecture Group Chairman Park Jin-sun, and other officials. During the site visit, Chairman Park detailed the project’s dev
IndustryApril 15, 2024
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Korea braces for blows from Middle East conflict
The heightened geopolitical tensions from Iran's attack on Israel have cast gloom on Korea as well, bringing down local shares and leading to currency depreciation. While the Korean won has been losing its value against the US greenback in recent days with weakened anticipation on the US Federal Reserve taking a pivot in its monetary policy any time soon, the escalated volatility has led to further depreciation. The won weakened against the dollar on Monday, with the exchange rate closing a
EconomyApril 15, 2024
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US working to prevent escalation across Mideast
The United States on Sunday highlighted its role in helping Israel thwart Iran's aerial attack as President Joe Biden convened leaders of the Group of Seven countries in an effort to prevent a wider regional escalation and coordinate a global rebuke of Tehran. The US assisted Israel in shooting down dozens of drones and missiles fired by Iran on Saturday in what was the first time it had launched a direct military assault on Israel. Israeli authorities said 99% of the inbound weapons were s
World NewsApril 15, 2024
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A decade lost: Sewol survivors on life after tragedy
ANSAN, Gyeonggi Province -- On April 16, 2014, 325 students and 14 teachers from Danwon High School in Ansan, Gyeonggi Province were aboard the Sewol ferry heading to Jeju Island for a field trip. Cho Mun-jeong was one of the students on the trip and was hoping to enjoy a brief reprieve from preparing for college entrance exams. After a loud "bang" echoed through the ferry, an announcement was made over the intercom, urging passengers not to move and to wait patiently for rescue. But C
Social AffairsApril 15, 2024
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Recording of boss cursing in office ruled legal
An employee of a state-run company who recorded his boss swearing loudly inside the office has been cleared of criminal charges, a local court said Monday. The 35-year-old defendant had been accused of violating the Protection of Communications Secrets Act, which bans anyone from recording or listening to a conversation of other people that was not public. The boss in question claimed that the recording was a private conversation with a specific employee, who was not the defendant. The prosecuti
Social AffairsApril 15, 2024
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BTS' Jungkook creates Instagram account for his dog
K-pop megastar Jungkook has launched an Instagram account exclusively for his dog Bam, which reached over three million followers as of Monday. The 26-year-old member of the boy band BTS introduced the account through the global fan communication platform Weverse, saying that he is going to "brag about his baby." The account currently has seven posts, all of the singer's Doberman who he first revealed to the public in 2021. The account name is "bowwow_bam" -- not to be c
K-popApril 15, 2024
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[From the Scene] Search for truth about Sewol ferry disaster continues
ANSAN, Gyeonggi Province/JINDO, South Jeolla Province -- Time appears to stand still in a classroom in Ansan, Gyeonggi Province. The classroom is one of several replica classrooms built in memory of the students and teachers of Danwon High School who lost their lives on a school trip to Jeju Island on April 16, 2014, aboard the Sewol ferry. It is filled with the desks, chairs, blackboards, windows and doors used by the teachers and students before the ferry sank off Jindo in South Jeolla Provinc
Social AffairsApril 15, 2024
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Greyd’s video platform helps Korean sellers go global
Greyd, a social commerce platform developed by Seoul-based software developer Arbaim, aims to secure a bigger footing in overseas markets as it offers an effective marketing tool for Korean sellers that is also entertaining to attract global customers. Short-form videos, typically defined as any video under 90 seconds in duration, have become increasingly popular on a variety of social media platforms, including TikTok, YouTube and Instagram. Advertisers are also turning their eyes to the new ty
IndustryApril 15, 2024
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[Photo News] 23 years, and more
Incheon International Airport Corp. CEO Lee Hag-jae (third from left), Hana Financial Group Chairman Ham Young-joo (fourth from left) and Hana Bank CEO Lee Seung-lyul (third from right) pose for a picture at the opening ceremony of Hana Bank's relocated branch at Incheon Airport on Monday. Hana Bank stands as the only bank to have operated continuously for 23 years at the airport since its inauguration in 2001. (Hana Bank)
IndustryApril 15, 2024
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KAI inks W1tr eVTOL parts supply deal with Brazil's Eve
Korea Aerospace Industries announced Monday that it signed a contract with Eve Air Mobility to supply structural components for electric vertical take-off and landing aircraft. Eve, established by the Brazilian aerospace corporation Embraer, leads in urban air mobility industry with the largest customer base. With the undergoing development of electric vertical take-off and landing (eVTOL) aircraft, the company aims to put the first vehicles into service by 2026. Having previously supplied major
IndustryApril 15, 2024
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KBO umps caught on mic conspiring to cover up missed call
During a KBO game in Daegu on Sunday between the NC Dinos and Samsung Lions, the umpires were caught on a hot mic attempting to cover up a missed call of a strike as a ball. "You clearly heard a ball. You understand, right? This is the only way out for us," one umpire was overheard saying during a live TV broadcast during a conversation discussing an objection from the NC Dinos regarding a discrepancy between the robo umpire’s judgment and the human umpire’s call. After the
BaseballApril 15, 2024
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Samsung, LG showcase built-in lineup at Milan Design Week
Samsung Electronics and LG Electronics, the leading home appliance giants in Korea, are participating in this year’s Milan Design Week this week to showcase their new built-in appliances incorporating artificial intelligence and connectivity. Milan Design Week is one of the largest international design and furniture exhibitions, held in the city in northern Italy with the participation of some 2,300 companies. This year the event runs from Tuesday to Sunday. The tech giants have also set u
IndustryApril 15, 2024
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Burger King reveals New Whopper following buzz marketing campaign
The fast-food chain Burger King unveiled the New Whopper, a revamped version of its signature item on Monday, one week after announcing the discontinuation of sales of the original Whopper. According to an announcement on the fast-food chain's Korean website Monday, the reinvention was focused on intensifying the smokey flavor in the burger patties. Compared with the original Whopper, the new version has a thicker patty to enhance its juiciness and texture, along with additional salt and pe
CompaniesApril 15, 2024
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SSF: 19 and still going strong
Why do artists return to the annual Seoul Spring Festival of Chamber Music, which is staging its 19th edition this year? Pianist Park Sang-wook and violinist Danny Koo, who have performed at the festival for several years, said that it’s a festival that offers valuable opportunities for artists and audiences alike. “Soloists spend a lot of time practicing alone and critiquing themselves, which can lead to feelings of depression. While I can express my emotions and colors during perfo
PerformanceApril 15, 2024
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Goryeo relics to come home, finally
South Korean Buddhist monks will bring back long-sought 14th-century Buddhist relics from the Museum of Fine Arts, Boston, following a transfer ceremony there Tuesday. The event is the latest highlight from a deal struck in February in which the museum agreed to “donate” the sarira, or bead-shaped objects found among cremated remains of Buddhist masters. The agreement between the museum and a delegation of Cultural Heritage Administration officials and monks from the Jogye Order of K
CultureApril 15, 2024
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BMW purchases over $4.7b Korea-made parts in 2023
BMW Group Korea said on Monday that in 2023, BMW Group’s global spending on parts sourced from Korean suppliers totaled approximately 6.53 trillion won ($4.72 billion), surpassing its own sales figures within the country for that year. The global group’s procurement from Korean suppliers increased by 25 percent compared to 2022, and even exceeded the Korean branch’s sales revenue, which was around 6.10 trillion won last year. Major contributors to this supply chain include dome
MobilityApril 15, 2024
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Yoon flounders after election defeat
The main opposition party's attack on President Yoon Suk Yeol intensified on Monday, while his approval rating took the biggest weekly plunge since July 2022 in the wake of a crushing election defeat. With the 21st session of the National Assembly set to end its four-year lifetime in about 1 1/2 months, the main opposition Democratic Party of Korea doubled down on the besieged Yoon administration's political vulnerability. The party demanded that the National Assembly pass a bill calli
PoliticsApril 15, 2024
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S. Korea to allocate $276m for classroom digitization
The Ministry of Education announced plans Monday to digitally transform traditional public education. Dubbed the "classroom revolution," the initiative focuses on strengthening the capabilities of teachers who would take on pivotal roles in turning classrooms digital. The ministry has allocated some 381.8 billion won ($276 million) to support teachers. As traditional teaching and learning methods were top-down or one-way, the new plan aims to cultivate creative and active learners, enc
Social AffairsApril 15, 2024