Most Popular
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1 in 3 Koreans live alone, family types becoming diverse
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Korea, Japan finance chiefs vow to tame rampant FX market volatility
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US 'incredibly concerned' about suspected NK-Iran military ties
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K-pop group's manager dismissed for setting up spycam in theater dressing room
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K-pop singer lost consciousness after being hit by foul ball, cancels show
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Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
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Contentious grain bill put directly to plenary meeting for vote
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Why is Apple Pay struggling to get purchase in Korea?
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Yoon's office denies considering liberal figures for key posts
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Seoul says Fu Bao loan 'not going to happen'
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IBK Venture Investment to inject W500b into startups
IBK Venture Investment, an investment arm of the state-owned Industrial Bank of Korea, pledged to inject 500 billion won ($370 million) into local startups over the next three years at an event in Seoul on Thursday. The investment unit, the ninth subsidiary under the IBK Financial Group, was founded in December with an initial capital of 100 billion won to fund early-stage startups. It was licensed as a new technology venture capital business in March, according to the lender. While IBK Venture
IndustryApril 4, 2024
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Skepticism clouds young voters ahead of general election
Bae Yu-jin, a 33-year-old office worker in Seoul, has made several plans for April 10, when the nation’s 22nd legislative election is set to take place. But heading to the polls is not one of them. “I’m going to Daegu with my friend to blow off some steam,” Bae told The Korea Herald on Thursday. “I don’t think I’m going to vote this year. The past few months have been full of fighting and criticizing (between the two rival parties), and I don’t tru
PoliticsApril 4, 2024
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9 dead, over 1,000 injured in Taiwan’s quake
HUALIEN, Taiwan -- A helicopter plucked six miners to safety from a Taiwan quarry Thursday as rescuers worked to free scores of people trapped in highway tunnels after the island's biggest earthquake in a quarter of a century. Nine people were killed and more than 1,000 injured in Wednesday's magnitude-7.4 quake, but strict building regulations and widespread public disaster awareness appear to have staved off a major catastrophe on the island. Dozens of residents of the worst-hit city
World NewsApril 4, 2024
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LG Energy Solution breaks ground on $5.5b Arizona battery complex
LG Energy Solution has started construction on its second stand-alone battery manufacturing complex in the United States, located in Arizona, with a groundbreaking ceremony and stakeholder meeting on Wednesday. Announced last year, the $5.5 billion project will stand out as the first of its kind in North America, dedicated entirely to the production of cylindrical batteries for EVs and lithium iron phosphate pouch-type batteries for energy system solution applications. The company aims to comple
IndustryApril 4, 2024
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Yoon vows to respect views of junior doctors
President Yoon Suk Yeol said Thursday that he would respect junior doctors’ position on the medical student quota expansion plan when discussing the matter with the medical community in the future, his office said, after he met with the head of the group. Yoon met with Park Dan, the head of the Korean Intern Resident Association, two days after he had offered to talk with the trainee doctors, saying he was willing to hear their voices. At the meeting held at the presidential office lasting
Social AffairsApril 4, 2024
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NK kids face death penalty for distributing K-dramas: Seoul envoy
South Korean Ambassador to the UN Hwang Joon-kook stated that children in North Korea face grave human rights abuses, including receiving the death penalty for distributing South Korean dramas, during a UN Security Council meeting at UN headquarters in New York on Wednesday. During the UNSC Briefing on Children and Armed Conflict, Hwang mentioned that children in North Korea face “egregious human rights violations,” despite North Korea being a signatory country to the Convention on t
Foreign AffairsApril 4, 2024
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S. Korea to stack up 7.23m COVID-19 vaccines for high-risk groups this winter
The Korea Disease Control and Prevention Agency on Thursday said it would secure some 7.23 million doses of mRNA-based COVID-19 vaccines for winter this year for individuals at a higher risk of developing the illness as variants of the virus continue to pose a risk to public health. Additionally, the government has decided to convert a portion of homegrown COVID-19 vaccines into NovaVax’s synthetic antigen vaccine, totaling between 300,000 to 500,000 doses. The synthetic antigen vaccine ha
Social AffairsApril 4, 2024
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Seoul to provide free breakfast after morning exercise
Starting in late April, students from schools that operate morning exercise classes will be provided with free breakfast, according to the Seoul Metropolitan Office of Education on Thursday. Launched in October last year, the Seoul Metropolitan Office of Education has initiated morning physical education activities to revitalize student exercise. Some 573 schools currently holding morning workout sessions that apply for the breakfast plan will benefit from the project. Elementary schools will be
Social AffairsApril 4, 2024
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NCT Doyoung to kick off solo journey
NCT's Doyoung is set to make his solo debut with the release of his first album. According to the singer's agency, SM Entertainment, Doyoung's first solo album, "Youth," will be released on April 22. The album's Korean title, "Youth's Bubble," is intended to reflect the emotions that youngsters experience, likening those feelings to bubbles created from the waves of youth. A total of 10 songs, full of honest feelings and emotions of Doyoung, will cons
K-popApril 4, 2024
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Kim Woojin set to return with new album
Solo artist Kim Woojin is set to make a comeback on April 22 with his third mini-album. On Thursday, concept photos of the new album were released on Kim Woojin's official social media account and through Kustomade, a producing label under SM Entertainment's music publishing subsidiary KMR. In the photos, Kim Woojin is cutting his hair, symbolizing a fresh start by erasing his past self. According to KMR, the upcoming new album, dubbed "I Like The Way," marks the singer'
K-popApril 4, 2024
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Korea has most 'skinny fat' young women: report
South Korea has the highest percentage of "skinny fat” women in their 20s out of 17 countries surveyed, according to a report. According to InBody, a South Korean maker of body composition analyzers, a person is described as "skinny fat" when they have a low body weight but are high in their body fat percentage and low in their muscle mass. Data collected between January 2018 and December 2022 showed 15.8 percent of South Korean women in their 20s fall within this category
Social AffairsApril 4, 2024
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[Photo News] Promoting Korea's shipbuilding capabilities
HD Hyundai Heavy Industries on Thursday invited government officials from nine countries to observe its submarine and battleship building technologies as it hosted a delivery signing ceremony of the third Batch-1 3000t submarine Shin Chae-ho at its headquarters in Ulsan. The Korean shipbuilder said the international guests from Australia, Canada, Peru, the Philippines, Poland and the US had a closer look at not only the submarine but also at the Jeongjo the Great Aegis destroyer and the Chungnam
IndustryApril 4, 2024
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Shinhan Bank secures 10% stake in India’s Credila
Shinhan Bank, a major commercial lender in South Korea, is bolstering its footprint in India through a strategic share acquisition of the local student loan provider, Credila. The bank announced Thursday that it successfully secured an equity investment agreement with Mumbai-based HDFC Credila Financial Services the previous day. As per the agreement, Credila will undergo a capital increase, with Shinhan Bank injecting around $180 million through the acquisition of new shares. This transaction w
IndustryApril 4, 2024
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[Exclusive] Spelling errors call space agency's foreign talent search into question
Multiple spelling errors have been found in the Korea AeroSpace Administration’s English-language job application, raising questions about the country’s professionalism and sincerity in recruiting professionals from overseas to its soon-to-be-established space body. KASA’s English job application, which can be downloaded from the new space body’s official website, on Wednesday showed that all four documents contained the same spelling mistake in the name of the agency. Th
TechnologyApril 4, 2024
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S-Oil earns certifications for SAF production
S-Oil announced Thursday that it has become the first refinery in South Korea to achieve three International Sustainability & Carbon Certification (ISCC) certificates: ISCC CORSIA, ISCC EU, and ISCC PLUS. This certification, also known as the Carbon Offsetting and Reduction Scheme for International Aviation, formally qualifies the production of sustainable aviation fuel (SAF) in the international aviation sector. The International Civil Aviation Organization (ICAO), a subsidiary body of the
IndustryApril 4, 2024
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SK hynix to build $3.87b chip packaging plant in Indiana
South Korean semiconductor powerhouse SK hynix said Thursday it will invest about $3.87 billion to build an advanced chip packing fabrication and research and development facility in West Lafayette, Indiana, amid intensifying global competition in the burgeoning artificial intelligence memory semiconductor industry. The announcement was made at an investment agreement ceremony attended by officials from SK hynix, the state government of Indiana and Purdue University at the school on Wednesday. S
TechnologyApril 4, 2024
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Korean stars haunted by accusations of school violence
South Korean actor Jeon Jong-seo's agency on Thursday denied recent accusations of school bullying against the star of the critically acclaimed film, "Burning," vowing to take legal action against what it said were groundless rumors. "We have checked with (Jeon) and her acquaintances and have found that the (rumors) in the online posts are not true at all. ... We will pursue legal action to protect the actor," Jeon's agency Endmark said in an official statement. J
TelevisionApril 4, 2024
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CJ Foodville's overseas ventures propel profits to new heights
CJ Foodville, the operator of bakery chain Tous Les Jours and a subsidiary of South Korean food giant CJ Group, achieved its highest-ever operating profit of 45.3 billion won ($33.6 million) last year. Some 60 percent of the profit stemmed from overseas ventures in key markets like the United States, Indonesia and Vietnam, showcasing the firm's commitment to advancing Korean-style baked goods worldwide. CJ Foodville announced its consolidated sales for 2023 on Wednesday, totaling 844.7 bill
IndustryApril 4, 2024
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[Herald Interview] NCT Wish aims to live up to group name
It would be a lie for the bandmates of SM Entertainment rookie K-pop boy band NCT Wish to say they did not feel the pressure of their debut as a subunit of NCT. Yet, NCT Wish hopes to continue to do its best to live up to the group’s name. “Our seniors from the group NCT are outstanding live performers, so we try our best to live up to their name by practicing hard for our performance and monitoring our rehearsals meticulously for improvement. We still have a long way to go,” S
K-popApril 4, 2024
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LG chairman loses suit filed to recoup part of massive inheritance taxes
LG Group Chairman Koo Kwang-mo on Thursday lost a lawsuit he filed together with his family members to recoup part of the near 1 trillion won ($735.7 billion) in inheritance taxes imposed following the death of former Chairman Koo Bon-moon. After the former chairman's death in 2018, a combined 990 billion won in taxes were imposed on Koo Kwang-mo and other members of the owning family for their inheritance worth about 2 trillion won that included an 11.28 percent share in LG Corp., the hold
CompaniesApril 4, 2024