Most Popular
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Medical profs at top hospitals suspend surgeries, clinics
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Samsung chip business back on track, logs W1.9tr operating profit in Q1
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Shinsegae faces showdown with investors over SSG.com's delayed IPO
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Exports to US reach all-time high, widen gap with China
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Hopes rise for possible Gaza truce deal
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Ex-pro baseball player who killed debtor appeals sentence
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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S. Korea to issue travel ban on Haiti amid intensifying gang violence
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Leaders of S. Korea, Angola agree to boost economic, trade cooperation
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On May Day, labor union blasts Yoon's foreign nanny proposal
Over 30,000 workers affiliated with the country's two major umbrella labor unions held rallies in Seoul on Wednesday on International Workers' Day, criticizing President Yoon Suk Yeol's proposal to hire foreign domestic workers outside the minimum wage system. Unionized workers described Yoon's proposal addressed earlier this month as an attempt not only to discriminate against foreign workers but also to deny the application of the minimum wage system to a select group of people. Earlier this m
Social AffairsMay 1, 2024
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[Photo News] For future entrepreneurs
Hana Financial Group Chairman Ham Young-joo (right) and Inha University President Cho Myeong-woo pose for a photo after signing a partnership agreement at the university in Incheon on Tuesday. This partnership supports youth entrepreneurship through the "Hana Social Venture University" outreach program by the financial group aimed at assisting and nurturing young students who aspire to start their own businesses. Now in its third year, the program has engaged 30 colleges nationwide, of
IndustryMay 1, 2024
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New hard-line leadership of doctors group prepares for govt. dialogue
The Korean Medical Association, the largest group in the medical community representing some 140,000 doctors nationwide, inaugurated its new leader Wednesday, seeking to unite the voices of doctors in preparation for a possible dialogue with the government. The association's new leader, Lim Hyun-taek, has maintained a hard-line stance against the Yoon Suk Yeol administration's move to increase the number of doctors in the country to cope with population aging. The 54-year-old pediatrician is ant
Social AffairsMay 1, 2024
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[Photo News] KB premium banking center
KB Financial Group Chairman Yang Jong-hee (front row, fourth from left), KB Kookmin Bank CEO Lee Jae-keun (second row, second from left), KB Securities co-CEOs Kim Seong-hyun (front row; seventh from left) and Lee Hong-ku (second row; fifth from left), along with actress Lee Young-ae (front row; third from left), pose for a photo during the inauguration ceremony for the second branch of "KB Gold&Wise the First," KB’s premium banking and asset management brand, in Banpo, south
IndustryMay 1, 2024
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LG Uplus to build hyper-scale data center in Paju
LG Uplus, one of the nation's top telecom carriers, said Wednesday it plans to build a large-scale data center in response to the growing demand for such facilities, largely driven by the widespread adoption of artificial intelligence and cloud servers across industries. To build the new data center, the company is set to acquire land and buildings located in Paju, Gyeonggi Province, from LG Display, a panel manufacturing arm of LG Group. The exact investment amount and construction timelin
CompaniesMay 1, 2024
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25th Jeonju IFF opens with Sho Miyake's ‘All the Long Nights’
Japanese filmmaker Sho Miyake's gentle drama, “All the Long Nights,” opened the 25th Jeonju International Film Festival in Jeonju, North Jeolla Province, on Wednesday. Speaking at a press conference following the screening, Miyake shared his intentions behind the film adaptation of the novel of the same title by Maiko Seo. “I was attracted to the characters in the original story, not because of the (panic disorder symptoms from which) they suffer, but because they were two
FilmMay 1, 2024
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[Herald Interview] Asia’s first Master of Wine empowers Shinsegae’s wine push
Jennie Cho Lee, the first Asian Master of Wine, has joined hands with Shinsegae Group, the Korean retail giant that is recently making a big push to lead the nation’s soaring luxury wine market, adding to the 2022 acquisition of a Napa Valley winery for $250 million. Lee earned the wine industry’s top honor in 2008. Being a member of the exclusive community of 417 Masters of Wine globally, she has built an extensive network within the industry and collaborated with numerous companies
IndustryMay 1, 2024
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Come In Wash speeds up global expansion
Come In Wash, a Korean company specializing in automated car wash systems, is speeding up its global expansion through its patented “no-touch, no-brush” car wash technology. Established in 2019, Come In Wash rose to prominence at home with its innovative technology that relies only on high-pressure water jets to clean vehicles, without the need for brushes. Since then, this technology has gained international acclaim with expansions into the Philippines, Japan and the United States.
CompaniesMay 1, 2024
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[KH Explains] Will alternative trading platform shake up Korean stock market?
Korea’s stock market is set to enter a new phase with the upcoming launch of the first alternative trading system for the Korea Exchange, the nation’s sole bourse operator that has enjoyed almost 70 years of monopoly. Nextrade, a consortium of 34 securities and tech firms established in November 2022, aims to earn the final regulatory approval within the year for its official debut in the first quarter of next year. More than 20 brokerage houses here have already expressed their inte
MarketMay 1, 2024
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GS chief visits Microsoft headquarters
GS Group Chairman Huh Tae-soo has reiterated the significance of digital transformation as the Korean energy, retail and construction conglomerate continues to seek out business innovation opportunities. According to GS Group on Wednesday, Huh and several CEOs of the conglomerate’s major affiliates such as GS Retail, GS Energy, GS Caltex and GS Engineering & Construction, held an annual overseas CEO meeting in Seattle from Monday to Tuesday and visited Microsoft's headquarters a
IndustryMay 1, 2024
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Exports to US reach all-time high, widen gap with China
South Korea's exports increased for seven straight months, jumping 13.8 percent in April on strong chip demand and record-high automobile sales. Exports to the US, in particular, reached an all-time high, further widening the gap with China, the country's second-largest export destination. Outbound shipments came to $56.2 billion, up 13.8 percent on-year, according to data revealed by the Ministry of Trade, Industry and Energy on Wednesday. The data showed that imports rose by 5.4 perc
EconomyMay 1, 2024
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
Former US President Donald Trump has criticized South Korea's contribution to US Forces expenses, claiming they were "free of charge," and scrutinized the Biden administration's defense cost-sharing talks with South Korea. "I want South Korea to treat us properly," Trump, the presumptive Republican nominee for the 2024 presidential election in November, said during his interview with Time magazine released Tuesday. Trump reiterated his long-standing personal belief
Foreign AffairsMay 1, 2024
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KCCI chief renews will to play bigger role in boosting economic diplomacy
Marking the 140th anniversary this year, the Korea Chamber of Commerce and Industry or KCCI, the nation's largest business lobby, hosted the Global Business Networking Night event in Seoul on Tuesday to further promote foreign investment and attract global companies to nurture the country as the business hub in Asia. “Starting with tonight's event, the KCCI will further strengthen its role as an economic and diplomatic platform,” KCCI Chair Chey Tae-won, who also serves as
IndustryMay 1, 2024
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Illit, mired in controversy, remains on Billboard charts for 5th week
K-pop rookie group Illit has continued to stand strong on the Billboard charts for five consecutive weeks with its debut single, “Magnetic,” despite questions being raised about the group's originality. “Magnetic,” the lead track of Illit’s first EP, “Super Real Me,” landed at No. 8 and No. 21 on Billboard’s Global (Excl. US) and Global 200 charts dated May 4, according to Billboard. The two charts rank the top songs based on streaming and sal
K-popMay 1, 2024
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The KingDom opens new chapter with EP ‘Realize’
K-pop group The KingDom is off to a fresh start with its new EP, “Realize,” for which it changed its from Kingdom to The KingDom. “We decided to change our name for this comeback as we are opening a new chapter with this album. We added the definite article ‘the’ in front of our original group name because we wanted to be the only ones to be represented by such a name,” said Dann, the leader of The KingDom, during a press conference in Seoul on Tuesday. The Ki
K-popMay 1, 2024
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Fila chairman named this year’s Van Fleet Award winner
Yoon Yoon-soo, chairman of the Fila Holdings Corp. and Acushnet Holdings Corp., has been named this year's winner of the General James A. Van Fleet Award in recognition of his contributions to Korean-US relations, according to the Korea Society on Wednesday. The Korea Society highlighted Yoon's involvement in founding and advising the Korea-US Alliance Foundation and the Korea Defense Veterans Association in 2017, both of which honor the bravery and sacrifice of Korean War veterans, as
CompaniesMay 1, 2024
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[Music in drama] Rekindle a love that slipped through your fingers
In retrospect, even the most steadfast commitments and promises of everlasting love can fade into the past. "Queen of Tears," a love story about an estranged couple who once deeply cared for each other, set a new record as the most-watched tvN drama series of all time, with the show's final episode recording a local viewership rating of 24.9 percent. Baek Hyun-woo (Kim Soo-hyun), who grew up in an ordinary household in the countryside, fell in love with Hong Hae-in (Kim Ji-won), t
TelevisionMay 1, 2024