To honor the United Nation’s World Bee Day, Hanwha Group said Thursday that it has created the country’s first solar beehive which has been designed with a photovoltaic low-carbon structure that uses electricity generated through solar panel. Hanwha Group said it has installed the solar beehive at the Korea National University of Agriculture and Fisheries (KNUAF) as a part of its pilot program. ...

“Where did all the posts about Luna go? Have you guys all gone to Han River?” This anonymous comment on the Bitcoin section of online community DCinside captures the depressing mood of online cryptocurrency communities in recent days. The crash of Korean-made cryptocurrency terraUSD, also known as UST, and its sister token luna, has made headlines around the world as its impact was felt in the ...

A recent report that three employees had stolen 3 billion won ($2.3 million) from South Korea’s biggest cosmetics maker Amorepacific in the wake of other huge embezzlements at the country’s major banks is fueling calls for tougher oversight. The employees at the cosmetics maker had allegedly used the money to buy stocks, cryptocurrencies and gamble by falsifying company documents such as tax rec...

South Korean entrepreneur Do Kwon was a rising star of the global digital asset market when his company Terraform Labs launched the cryptocurrencies UST and luna with the goal of achieving a decentralized economy three years ago. His stardom reached its peak as the price of luna skyrocketed to over $119 early last month, becoming the first Korean-developed cryptocurrency to crack the top 10 list...

South Korea is preparing to propose holding talks with North Korea on providing COVID-19 assistance, as Pyongyang recently acknowledged that it is undergoing a virus outbreak and is believed to be struggling with a lack of test kits and medical supplies. North Korea’s state-run Korean Central News Agency reported Sunday morning 15 new COVID-19 deaths and 296,180 additional people with fever symp...

South Korea has co-sponsored a recently adopted UN Human Rights Council resolution on the deteriorating situation in Ukraine stemming from Russia's aggression, an official at Seoul's foreign ministry said Friday. During a special session in Geneva, Switzerland, on Thursday (local time), the council adopted the resolution calling for an immediate cessation of hostilities against Ukraine and reque...

Han Seo-jin, played by actress Yum Jung-ah, is a woman desperate for her daughter to be accepted into Seoul National University’s School of Medicine in hopes of winning the approval of her own mother-in-law. In doing so, Han hires an elite university admissions coordinator whose cut-throat approach to education later backfires. In the show, another family learns that their daughter lied about at...

LONDON -- Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership. Speaking virtually at an auto conference, the Tesla CEO said Tuesday that Twitter's ban of Trump following the Jan. 6, 2021 insurrection at the US Capitol w...

Yoon Suk-yeol was officially sworn in as the 20th president of South Korea on Tuesday, kicking off his five-year term with the inauguration ceremony at 11 a.m. at the National Assembly in the nation’s capital. He has some distinct features that make him a unique leader in a number of ways. Here are five facts about the country’s new leader. 1) The first president since the 50s to work outside C...

Famed poet Kim Ji-ha, who died on Sunday at the age of 81, left behind a legacy of decades-long battles against the military dictatorship, followed by disputes later in life. Kim died at 4 p.m. at his home in Wonju, Gangwon Province, after suffering from an unspecified illness for the past year, the Toji Cultural Foundation said on behalf of the bereaved family. He passed away “peacefully, afte...

Korean movie stars, directors and fans are praying for Kang Soo-youn’s recovery after the veteran actor was taken to a hospital with cardiac arrest on Thursday. According to a Gangnam Severance Hospital official, the actor remains unconscious while detailed information is yet to be announced. Director Yeon Sang-ho, who is scheduled to make his Netflix return with Kang in an upcoming sci-fi film...

WASHINGTON -- The Federal Reserve on Wednesday announced its biggest rate hike since 2000, with a half percentage point increase as it works to crush soaring US inflation. With inflation at the highest rate in four decades, Federal Reserve Chair Jerome Powell sent a message directly to the American people, expressing concern for the pain caused by rising prices, and pledging to use all available...

Kim In-chul, the nominee for deputy prime minister and education minister, became the first Cabinet pick for the Yoon Suk-yeol administration to step away from the confirmation process. After a series of allegations surrounding his term as president of Hankuk University of Foreign Studies and his family were raised, Kim said he will no longer seek the post. “I am to withdraw today,” Kim told th...

ZAPORIZHZHIA, Ukraine -- A long-awaited evacuation of civilians from a besieged steel plant in the Ukrainian city of Mariupol was under way Sunday, as US House Speaker Nancy Pelosi revealed that she visited Ukraine's president to show unflinching American support for the country's defense against Russia's invasion. Video posted online by Ukrainian forces showed elderly women and mothers with sma...