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[From the Scene] 'Room cafes' let S. Korean teens indulge in forbidden desires
[Herald Interview] Raising retirement age is key solution for pension reform: French economist
Military police launch probe into alleged motor drill violence in Army
[Herald Interview] 'Premium laptops essential to complete Galaxy ecosystem'
Motion filed to impeach safety minister over Itaewon disaster
[Newsmaker] Powerful quake topples homes in Turkey and Syria; toll rises
Buseoksa to appeal court ruling on Bodhisattva statue stolen from Japan
Enhypen successfully wraps up first world tour ‘Manifesto’
SK ecoplant renews North America push
IBK to open Poland office to accelerate entry into Eastern Europe
[Herald Interview] DHL to triple logistics capacity at Incheon Airport: CEO
[Photo News] UAM alliance for Busan Expo bid
No win, but multiple nods still make BTS shine at Grammys
How old is a ‘senior’ for elderly Seoulites?
CGV to screen 17 Oscar-nominated films
LG’s symbolic headquarters to be refurbished in decade
TXT tops Billboard main album chart
[Herald Interview] Bae Doo-na wants to spread social message through her film
S. Korea's new COVID-19 cases fall to lowest tally in 224 days
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Technology
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Retail
SK Bioscience expected to log 70% drop in profit as COVID vaccine demand dwindles
Technology
Feb 3, 2023
Korean biopharmaceutical firm SK Bioscience is expected to log a sharp decline in its sales and operating profit for 2022, as demand wanes for COVID-19 vaccines, its key source of revenue, according to a report from a local securities firm on Friday. The company’s annual sales for last year are expected to drop 49 percent on-year to 474.2 billion won ($385.7 million), while its operating profit ...
SNT Dynamics inks automatic transmission deal with Turkey's BMC for tanks
Industry
Feb 3, 2023
South Korean auto parts manufacturer SNT Dynamics said Monday it signed an export deal with Turkish commercial and military vehicle manufacturer BMC to supply automatic transmissions to produce tanks for the Turkish government. BMC is the firm in charge of delivering 1,000 Altays, a Turkish battle tank, to the government starting from this year under a Turkish-Qatari partnership. The Altay proj...
Apple Pay can be launched in S. Korea: financial regulator
Industry
Feb 3, 2023
South Korea's financial regulator said Friday that local credit card firms can introduce Apple Pay, the long-awaited mobile payment service of US tech giant Apple Inc., as they have followed relevant procedures. There have been reports for months that Hyundai Card Co., a local credit card unit of Hyundai Motor Group, is in talks with Apple over the launch of Apple Pay that allows customers to ma...
[Graphic News] Exports of soju up 13.2%
Retail
Feb 3, 2023
Exports of soju, South Korea’s traditional distilled liquor, increased 13.2 percent in 2022 from a year earlier, data showed, rebounding for the first time in three years. Outbound shipments of soju reached $93.3 million in 2022, rising sharply from $82.4 million tallied a year earlier, according to the data compiled by the Korea Customs Service. In terms of volume, exports advanced 12.7 percen...
Mask manufacturers face bankruptcy amid eased masking rules
Industry
Feb 2, 2023
Government that once encouraged entrepreneurs to produce masks now provides no guidelines for struggling companies
Cosmetics sales pick up after mask rules eased
Industry
Feb 2, 2023
Sales of cosmetics products have seen a surge over the past week after the nation’s mask-wearing mandate was lifted here, according to data compiled by Shinsegae International, a local importer of foreign beauty brands, Thursday. US luxury makeup brand Hourglass posted a 149 percent jump in sales here from Jan. 28 to Feb. 1 right before and after eased masking rules, according to Shinsegae Inter...
[Photo News] Self-service bag drop
Industry
Feb 2, 2023
Korean Air said Thursday it is starting a “self-service” bag drop for domestic flights at Gimhae International Airport in Busan, as part of a growing trend within the global aviation industry but the first of its kind in South Korea. The air carrier said it plans to expand the service in phases after a six-month trial operation at the airport.
[Photo News] Renewed sales push in Japan
Transport
Feb 2, 2023
Hyundai Motor Group said Thursday it will start operating at a shopping mall in Kyoto this week, making for its first in Japan outside Tokyo. The Hyundai Mobility Kyoto Shijo store allows visitors to experience the carmaker’s eco-friendly vehicles, including the hot-selling Ioniq 5 and the hydrogen-powered Nexo. The South Korean carmaker has been making a renewed push for a foray into the Japanes...
SK Bioscience's flu vaccine gets approval in Chile
Industry
Feb 2, 2023
SK Bioscience has obtained product approval for its flu vaccine, Sky Cellflu, from Chile's health authorities, the first green light in a Latin American country, the South Korean vaccine developer said Thursday. Starting with Chile, SK Bioscience is planning to expand the number of countries licensed for Sky Cellflu in Latin America. Chile's drug approval is widely considered a regional standard...
Samsung targets double-digit growth in Galaxy S sales
Technology
Feb 2, 2023
Mobile chief confident in tackling mobile slump with S23 series without drastic price hikes
Samsung bolsters ties with Qualcomm, Google to deter Apple
Industry
Feb 2, 2023
Tech giants join forces to create renewed alliance on XR technology
LG Energy Solution to supply commercial EV battery modules to FEPS
Transport
Feb 2, 2023
Korea's top EV battery maker vows expansion in burgeoning heavy-duty EV markets in the US, Europe
Samsung Galaxy S returns with faster, more eco-friendly design
Technology
Feb 2, 2023
Tech giant holds first in-person unveiling event for flagship phones after 3 years of pandemic disruptions
HLB's anticancer drug receives greenlight in China
Technology
Feb 1, 2023
The combination use of Jiangsu Hengrui Medicine’s camrelizumab and HLB Bio’s rivoceranib has received a novel drug approval from the National Medical Products Administration of China, HLB Bio announced Wednesday. With the approval, the camrelizumab-rivoceranib combination can be used as the first-line treatment for patients with unresectable hepatocellular carcinoma in China. The approval was g...
[Photo News] Insights on metaverse
Industry
Feb 1, 2023
KB Financial Group Chairman Yoon Jong-kyoo delivers a speech during the investor conference KB Investor Insights 2023, held via the financial giant's metaverse platform on Tuesday. During the event, the chairman pledged to boost investor profitability by upgrading expertise and risk-management know-how. (KB Financial Group)
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Will BTS make history with its first win at 65th Grammy Awards?
'Energy inflation' hits 25-year high in January
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One of crew members missing from fishing boat capsizing found dead
Families of crowd crush victims hold memorial rally in downtown Seoul
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[From the Scene] Police clashes, political drama at memorial for Seoul crowd crush victims
[Hello Hangeul] What not to do to keep Korean culture, language attractive
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[Newsmaker] US downs Chinese balloon, drawing a threat from China
[My Hangeul Story] Meet Billy, YouTube’s self-starter Korean tutor
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3 rescued, 9 missing after boat capsizes off South Jeolla
S. Korea's new COVID-19 cases fall to lowest tally in 224 days
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