Most Popular
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Yoon, Lee end first talks with differences, agree to meet more
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What is Hybe’s next move?
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China outpaces Korea in smaller OLED shipments for 1st time
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[Herald Interview] Mom’s Touch seeks to replicate success in Japan
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Medical profs at top hospitals suspend surgeries, clinics
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'Queen of Tears' finale sets record viewership ratings as tvN's most-watched series ending
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Police to open alleged stalking probe over pastor over Dior bag scandal
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Samsung chip business back on track, logs W1.9tr operating profit in Q1
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[News Focus] Lee tells Yoon that he has governed without political dialogue
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Seoul to deploy more military doctors to fill med prof void
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"The Plot," rife with unexpected twists, will showcase Gang Dong-won at his coldest
South Korean crime flick "The Plot," starring Korean heartthrob Gang Dong-won, will see the actor in his coldest persona yet, alongside a narrative rife with unexpected twists. "The Plot" follows the story of Yeong-il, (Gang Dong-won) whose job is to arrange commissioned contract killings to seem like accidents. As the story unfolds, Yeong-il is unexpectedly involved in a series of events which leads him to believe that this time, he is targeted for a murder disguised as an a
FilmApril 29, 2024
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[Photo News] Boosting Korea-China ties
SK Group Chairman Chey Tae-won (left), who doubles as chair of the Korea Chamber of Commerce and Industry, and Bi Jinquan, executive vice chairman of the China Center for International Economic Exchanges, a state think tank, meet in Beijing on Monday to discuss ways to expand economic cooperation between the two countries. This meeting was held to check on the implementation status of the agenda items discussed at the fourth edition of the Korea-China High-Level Economic Dialogue, jointly hosted
EconomyApril 29, 2024
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ReWorld Forum hosts large, small firms to discuss energy transformation plans
Officials from large and small firms, business experts and government officials gathered at the ReWorld Forum 2024 in Seoul on April 24 to exchange ideas on how South Korea should realize RE100 and work toward decarbonization. RE100 is the global corporate renewable energy initiative of businesses committed to achieving 100 percent renewable electricity. According to the SDX Foundation, the non-profit organization responsible for hosting the event, the forum saw around 400 participants. ReWorld
Social AffairsApril 29, 2024
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KT explores synergy between AI, media
South Korean telecom carrier KT Corp. said Monday it is expanding its advanced artificial intelligence technology to the group’s entire media business, from content investment and production to marketing and control, to accelerate innovation. "The media business is one of KT's three core businesses, along with communications and AI,” Kim Hoon-bae, executive vice president of the media platform business unit at KT, said in a press conference held earlier in the day in Seou
TechnologyApril 29, 2024
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MBK chief donates $25m to Haverford College
MBK Partners Chairman Michael ByungJu Kim has recently donated $25 million to his undergraduate alma mater, Haverford College, according to the asset manager's announcement on Monday. The $25 million donation, the largest amount in the school's history, was made on April 23. It will fund the establishment of the Institute for Ethical Inquiry & Leadership at the liberal arts college in Haverford, Pennsylvania. “Ethical inquiry is at the core of a Haverford education, and leade
IndustryApril 29, 2024
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[Bridge to Africa] Tanzania marks Independence Day, lauds Korea’s support
The Tanzanian Embassy celebrated the country's 60th Independence Day while lauding Korea’s unwavering support over the years on Friday. The occasion marked the formation of the United Republic of Tanzania on April 26, 1964, when Tanganyika and Zanzibar united to form a single nation. Tanganyika gained independence from British rule in December 1961, followed by Zanzibar’s freedom through a revolution on Jan. 12, 1964. "Tanzania" symbolizes the unity between the mainlan
Foreign AffairsApril 29, 2024
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Over half a million S. Koreans hold multiple jobs: data
The number of South Koreans working multiple jobs surpassed 500,000 in the first quarter of this year, with older people taking up a large proportion of such workers. A total of 552,000 people here had at least one additional job while working full time in the first quarter, according to Statistics Korea data. This marked a 22.4 percent increase compared to the 451,000 tallied in the same period in 2023. While the overwhelming majority of the working population still only has one job, the perc
EconomyApril 29, 2024
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Police investigating 10 men after suspected gang fight near Haeundae Beach
Police in Busan on Monday said they are investigating 10 men in their 30s in connection to a violent incident that took place near Haeundae Beach last week. Police suspect the men are members of a local gang. According to the Busan Haeundae Police Station, a fight broke out between two men in the entertainment district near the beach on April 24. The situation escalated as the two men called for back up and more men joined in the brawl about 90 minutes later. The men reportedly fought in group
Social AffairsApril 29, 2024
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'Moon of Seoul' balloon ride prepares to take flight in June
The Seoul Metropolitan Government said Monday that it has commenced preparations for installing the "Moon of Seoul" tethered helium balloon ride at Yeouido Hangang Park, with operation set to start in June. Basic landscaping will precede the installation of the moon-shaped balloon, which is currently under construction in France. The balloon will then be brought to Seoul to undergo safety inspections following the Aviation Safety Act. "Safety is our priority in installing (Moon of
TravelApril 29, 2024
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Beloved singer attracts fans, customers to JungKwanJang stores
Korea Ginseng Corp., a global leader in ginseng production, has significantly enhanced its brand positioning and visibility through its marketing strategies that prominently feature Lim Young-woong. Lim, a trot singer with an avid fan base, has recently been named the ginseng brand's brand model. The marketing campaign kicked off with the release of an advertisement featuring Lim on YouTube on Wednesday, which rapidly gained traction by accumulating over 2 million views within 40 hours. The
IndustryApril 29, 2024
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CJ's Tous Les Jours debuts in Cambodia
CJ Foodville said Monday it has opened two new Tous Les Jours branches in Cambodia, as part of efforts to broaden its foothold in Southeast Asia. The two new branches, which opened Friday in Kam Puchea Kroum and Toul Tom Poung in the country’s capital, Phnom Penh, mark the first locations for CJ Foodville to showcase the Tous Les Jours brand in the country. According to the company, both of the new branches feature a hybrid concept of cafe and bakery elements, boasting a selection of over
CompaniesApril 29, 2024
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[Photo News] Kumho in Europe
Kumho Tire held a brand experience day at the Vairano Circuit in Milan on April 21 to offer European dealers hands-on experiences with the Korean brand, the tire maker said Monday. The company plans to bolster its presence in the European market even further, as it has seen an average of 20 percent annual growth rate in its regional revenue over the last five years. The Korean tire maker has set out the record-high goal of reaching 4.56 trillion won ($3.3 billion) in annual sales this year after
MobilityApril 29, 2024
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Medical tourists to Korea rises to record high of 606,000
South Korea attracted a record number of 606,000 foreign national patients in 2023, mainly for dermatological treatments and plastic surgery, the Health Ministry said Monday. The Ministry of Health and Welfare announced that the number of foreign national patients visiting Korea has hit a record high at 606,000, up 2.4 times from a year earlier, 248,000. This is the highest ever since 2009 when the ministry started to compile the number of foreign patients. Also, this figure is 1.2 times higher
Social AffairsApril 29, 2024
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Latvia celebrates 20th anniversary of EU, NATO membership
Latvia on Wednesday commemorated the 20th anniversary of its European Union and NATO memberships with a salon concert and business briefing. Delivering welcoming remarks at the event, Latvian Ambassador to Korea Aris Vigants introduced the progress made by Latvia, Estonia and Lithuania over the past decade, highlighting political systems and economic reform, particularly in shedding the remnants of the Soviet occupation. “Nobody is perfect, but at least we can always strive for perfection,
Foreign AffairsApril 29, 2024
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N. Korea installs mines on inter-Korean road within DMZ
North Korea has installed land mines on an inter-Korean road within the Demilitarized Zone separating the two Koreas, a South Korean military official said Monday, the latest in a series of moves to shut down cross-border roads. The military detected the North laying mines on the unpaved road inside the DMZ late last year near Arrowhead Hill in Cheorwon, 85 kilometers northeast of Seoul, according to the official. The path was created under a 2018 inter-Korean military agreement to connect the S
North KoreaApril 29, 2024
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Loanword-laden apartment names become lengthy, bizarre
Last November, a three-decade-old apartment complex in Gaepo-dong, Seoul, welcomed new residents with a new identity after being rebuilt: "Di-e-i-chi-peo-seu-ti-eo-a-i-pa-keu" in Korean, or "The H Firstier Ipark" in English. Previously, it was more simply called Gaepo Jugong. This 12-syllable new name, however, falls short of claiming the throne for the longest in the city, let alone the nation. The nation’s longest-named apartment complex, located in Paju, Gyeonggi P
Hashtag KoreaApril 29, 2024
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[Bills in Focus] Multilateral off-board trading, industrial transformation support
Pending Bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Yun Chang-hyun (People Power Party) ● Under the Financial Investment Services and Capital Markets Act, only regulations concerning issuance apply to investment contract securities due to their atypical characteristics and limited distribution potential. However, unlike before, online transaction platforms have made it easier for investors to trade investment contract securities. Therefore,
PoliticsApril 29, 2024
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SK Innovation's Q1 net loss widens on FX losses
SK Innovation Co., South Korea's leading refiner by sales, said Monday its net losses widened in the first quarter from a year earlier due mainly to foreign-exchange losses. Net losses deepened to 97.62 billion won ($71 million) in the first quarter from 51.95 billion won in the year-ago period, the company said in a statement. "A weak won, which drove up import prices of crude oil and decreased equity gains from SK On, weighed on the quarterly bottom line," a company spokesperson
IndustryApril 29, 2024
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[팟캐스트] (579) 해외 K콘텐츠 팬을 대상으로 새롭게 선보이는 관광 상품 종류는?
진행자: 간형우, Ali Abbot Culture Ministry, KTO unveil Hallyu-themed tours 기사 요약: 문체부-관광공사, 해외 방문객 대상으로 한국 콘텐츠에 기반한 관광상품 7종 선보인다 [1] The Ministry of Culture, Sports and Tourism and the Korea Tourism Organization are looking to woo Southeast Asian and Middle Eastern tourists with new Hallyu-themed tour packages. *woo: 구애하다 [2] “Despite the rising popularity of Korean content, some travel destinations have not been promoted properly due to their low accessibility and intellectual property right
PodcastApril 29, 2024
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[Herald Interview] Korean banks’ earnings dilemma: More profits, more responsibility
Korean banks may face diminishing profitability due to mounting pressure to take on social responsibilities amid the country's slowing economic growth, a senior official at global credit appraiser Fitch Ratings said. Commercial banks, often criticized for making money from excessively high interest rates, are facing stronger pressure from local authorities to return a portion of profits to the provision of public goods. “From the operating environment side, the pressure to commit to s
IndustryApril 29, 2024