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Music in PyeongChang opens with masks in focus
Rival parties fail to strike deal on new legislative leadership
Fiscal chief vows extra W40tr to help exporters
‘Broker’ wins top prize at Munich International Film Festival
What to see in Samcheong-dong galleries this week
Retail inflows at 2-year low as recession worries mount
[Newsmaker] 'Revolutionary' high court term on abortion, guns and more
No. overseas travelers surpasses 1 million mark in June
Korea to trial state sick pay scheme
Wagon, hatchback make a comeback as more drivers seek practicality
FM hints at military cooperation with Japan, US
S. Korea’s COVID-19 cases rebound, raise concerns over summer surge
Yoon touts nuclear energy, green tech, chips as strengths
[Exclusive] SK Pharmteco to invest extra $30m for Irish plant expansion
Calls grow over legislation of digital data inheritance
LG Energy Solution chief leaves for Europe to push factory automation
KB vows to serve customers amid economic uncertainty
Workplace harassment increases as people return to office: survey
5 makers of manhole covers fined for price fixing
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LATEST NEWS
Music in PyeongChang opens with masks in focus
Music
Jul 3, 2022
PYEONGCHANG, Gangwon Province -- The 19th edition of Music in Pyeongchang, an orchestral event in Gangwon Province, finally kicked off Saturday with an opening concert that mixes modern and classical music pieces. The first half of the opening concert began with Frederic Rzewski’s “To The Earth,” performed by percussionist Matthew Ernster. The percussion session that accompanied a poem recitation was followed by George Crumb’s “Voice of the Whale” for Th
Rival parties fail to strike deal on new legislative leadership
Politics
Jul 3, 2022
Floor leaders’ meeting on the eve of new provisional assembly ends with no progress
Fiscal chief vows extra W40tr to help exporters
Economy
Jul 3, 2022
Finance Minister Choo Kyung-ho said Sunday that he would help Korean companies sell more goods overseas by offering more loans at a time when Korea’s exports snapped 15 months of double-digit growth in June, stocking recession worries. The trade deficit in January-June this year reached $10.3 billion, the highest level ever recorded in the first six months of a year, despite record-high exports in the same period, as soaring energy prices offset the export gains. “I am not quite su
‘Broker’ wins top prize at Munich International Film Festival
Film
Jul 3, 2022
“Broker,” the first Korean-language film project by Japanese auteur Hirokazu Kore-eda, on Sunday won the top award at the 39th Munich International Film Festival. According to the festival organizer, the ARRI award, established in 2008, is given to the filmmakers of the best international film in the CineMasters competition section. An independent three-member jury decides who shall receive the award, worth 50,000 euros ($52,000). Kore-eda’s “Broker” centers
What to see in Samcheong-dong galleries this week
Arts&Design
Jul 3, 2022
If you want to see new art this week, visit the galleries of Samcheong-dong, a cozy and renowned neighborhood in central Seoul next to the main palace Gyeongbokgung. New works by conceptual artist Olafur Eliasson, who plays with light and color, are on display at PKM Gallery. The gallery has a restaurant where one can grab some coffee or a meal before or after enjoying works. Right next to PKM Gallery is Barakat Contemporary, where the first solo exhibition by Berlin-based Nevin Aladag, who ha
Retail inflows at 2-year low as recession worries mount
Markets
Jul 3, 2022
The average daily trading volume of retail investors on the main board Kospi in June dropped to its lowest level since February 2020, data from the Korea Exchange showed Sunday. The fall comes as investors are bracing for a growth slowdown from the US Federal Reserve’s rate hikes. The value of shares investors bought and sold in a day on average on the benchmark index reached 4.3 trillion won ($3.3 billion) last month. That is a little more than 3.7 trillion won recorded in February 2020
[Newsmaker] 'Revolutionary' high court term on abortion, guns and more
Social affairs
Jul 3, 2022
WASHINGTON -- Abortion, guns and religion -- a major change in the law in any one of these areas would have made for a fateful Supreme Court term. In its first full term together, the court's conservative majority ruled in all three and issued other significant decisions limiting the government's regulatory powers. And it has signaled no plans to slow down. With former President Donald Trump's appointees in their 50s, the six-justice conservative majority seems poised to keep control of the cour
No. overseas travelers surpasses 1 million mark in June
Transport
Jul 3, 2022
The number of international travelers spiked to 1.28 million last month, surging 420 percent on-year, despite surging airfares and insufficient flight schedules, the Transport Ministry said Sunday. This was the first time that the number of monthly international travelers surpassed 1 million since the outbreak of COVID-19. The increase in international travel demand is likely to help the Transport Ministry achieve its goal of restoring the number of inbound and outbound flights to 50 percent o
Korea to trial state sick pay scheme
Social affairs
Jul 3, 2022
Welfare Ministry plans full-scale program in 2025
Wagon, hatchback make a comeback as more drivers seek practicality
Transport
Jul 3, 2022
The long, swoopy, not-so-pretty design of wagon and hatchback has definitely not been popular in South Korea, a country where SUVs and luxury sedans make up most of the market share. But targeting drivers who seek compact car with sedan-like driving comfort and spacious cargo space like SUVs, automakers are launching wagons and hatchbacks to lure consumers amid shifting trends. According to the country’s largest automaker Hyundai Motor Group, its luxury brand Genesis will start selling a
FM hints at military cooperation with Japan, US
Foreign affairs
Jul 3, 2022
Park Jin also urges China to join new world order, says it benefits most from free trade
S. Korea’s COVID-19 cases rebound, raise concerns over summer surge
Social affairs
Jul 3, 2022
South Korea’s new COVID-19 cases topped 10,000 for the second consecutive day, highlighting the risk of a resurgence in the country during the summer season that some experts have pointed out. During the 24 hours of Saturday, the country added 10,059 COVID-19 cases, bringing the total caseload to 18,389,611, according to the Korea Disease Control and Prevention Agency said. The country added eight COVID-19 deaths, raising the death toll to 24,570. The fatality rate now stands at 0.13 p
Yoon touts nuclear energy, green tech, chips as strengths
Foreign affairs
Jul 3, 2022
Yoon seeks economic cooperation with leaders through 10 bilateral talks at NATO summit
[Exclusive] SK Pharmteco to invest extra $30m for Irish plant expansion
Industry
Jul 3, 2022
In total, $65 million allocated for expansion of SK Biotek’s Dublin-based pharmaceutical manufacturing plant
Calls grow over legislation of digital data inheritance
Industry
Jul 3, 2022
When a person dies, a will provides instructions on where and to whom their property, possessions and asset go. But what happens to the things they leave behind that only exist online? A local platform operator said Sunday that it had been working with law firms on a bill that would define the type of digital assets subject to inheritance, the range of disclosure and eligibility. Demand for people to be able to keep photos and texts left behind by deceased loved ones has been growing, but the
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