Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Hybe's multilabel system tested amid conflict with Ador
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Medical reform committee kicks off despite boycott from doctors
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SNU profs to suspend treatment for one day
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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SK hynix pledges W20tr to ramp up DRAM production at home
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Hanwha Life taps into global banking through fresh investment in India
Hanwha Life, a leading Korean insurance company and the life insurance subsidiary of Hanwha Group, has made a strategic move into the Indonesian banking sector through a stake investment. The company announced on Wednesday that its board had approved securing a 40 percent stake in Nobu Bank from Indonesia's Lippo Group, marking the first entry of a Korean insurer into the Indonesian banking industry. The decision was made during an extraordinary board meeting held on Tuesday. Hanwha Life
IndustryApril 24, 2024
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Exhibition on Hangeul items to go global
An exhibition showcasing products inspired by Hangeul, the Korean writing system, will take place at Korean Cultural Centers in 10 countries, starting with the one in Canada. A collection of over 50 items spanning jewelry, ceramics and household goods will be featured at the Special Exhibition on Korean Cultural Products in Ottawa, Ontario, from April 26 to June 28. A similar exhibition will be held in Turkey in May before exhibitions open in Germany and Mexico in June. The Special Exhibition on
Arts & DesignApril 24, 2024
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
Pianist Cho Seong-Jin has been named the artist-in-residence of the prestigious Berlin Philharmonic for the 2024-25 season. The announcement of the appointment posted on the German orchestra's website on Wednesday said Cho will present five programs during his residency, which includes programs with the Berlin Philharmonic, collaborations with members of the orchestra, chamber music concerts and a solo recital featuring the complete piano works of Maurice Ravel. In October this year, Cho wi
PerformanceApril 24, 2024
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[From the Scene] KG Mobility poised to take next leap
PYEONGTAEK, Gyeonggi Province -- A group of workers gathered to check a computerized system at KG Mobility’s Pyeongtaek plant in Gyeonggi Province on Tuesday afternoon. While most workers were taking their 10-minute break, they came together to try to improve the workflow. That passion played a crucial role in the company logging its first profitable year in 2023 for the first time in 16 years, according to the Korean automaker’s head of production. “I think (our turnaround) la
MobilityApril 24, 2024
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Hyundai Mobis breaks ground for W170b Spain plant
Hyundai Mobis, the auto parts manufacturer under Hyundai Motor Group, said Wednesday it held a ground-breaking ceremony for its first factory in Western Europe, which will manufacture battery systems, particularly focusing on supplying the Volkswagen Group. The new factory in Navarre, Spain, will cover an area of 150,000 square meters, with a floor space of 50,000 square meters, and it will have the capacity to produce up to 360,000 battery system assemblies annually. In line with its goal to
CompaniesApril 24, 2024
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Coway launches Berex massage bed with enhanced usability
South Korean home appliance maker Coway has launched a new massage bed, the Berex Reclining Massage Bed, as part of product diversification aimed at the nation's soaring massage chair market. The new product is the first of its kind to incorporate an automatic upper-body reclining function, specifically designed to ease the process of lying down and standing up -- a feature that addresses usability for the elderly and those with mobility challenges. The model does not require users to man
IndustryApril 24, 2024
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HD Hyundai teams up with Norway's Philly Shipyard for US footing
HD Hyundai Heavy Industries and Norway's Philly Shipyard signed a memorandum of understanding to collaborate on manufacturing, maintaining, repairing, and overhauling vessels and ships ordered by the US government, the South Korean shipbuilder said Wednesday. The signing ceremony was held at Philly's shipyard in Philadelphia, Pennsylvania, on April 12 -- with key officials from both companies in attendance, including Joo Won-ho, head of HD Hyundai Heavy Industries’ special ship b
CompaniesApril 24, 2024
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
Nearly 90 percent of those who filed for bankruptcy in Seoul last year were aged at least 50, with a substantial portion of the number being male or living alone, Seoul government data showed Wednesday. The data released by Seoul Financial Welfare Counseling Center, an affiliate of the city-run Seoul Welfare Foundation, showed that 86 percent of valid bankruptcy applicants last year were 50 or older, and 64.4 percent were male. Of those who declared themselves bankrupt, 83.5 percent had been ben
Social AffairsApril 24, 2024
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Over half of new hires in S. Korea are college graduates: data
Among newly hired employees in Korea in 2023, 50.5 percent were college graduates. Of the 28.41 million people newly hired across the country, 14.36 million had a higher education degree, according to the Korean Statistical Information Service run by Statistics Korea. The figure includes graduates from two-year college courses and those with postgraduate degrees. The number of new employees with tertiary education degrees rose by 1.2 percent compared to the year before. The figure rose from 30.2
EconomyApril 24, 2024
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[LLG] Why this tutor teaches for free
DAEGU-- Han Si-nae, 36, is no ordinary tutor. Her students, totaling 10 and ranging from primary to high school, come to her house after school for supplementary math lessons. After challenging their brains with math quizzes, the students fill their stomachs with an ample amount of snacks and dinner whipped up by Han. The best part? None of them pay a single penny. So, is Han an altruistic benefactor for future generations with deep pockets? Listening to her speak for a brief moment, it becomes
Hashtag KoreaApril 24, 2024
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Hyundai unveils versatile commercial EV platform
Hyundai Motor Company launched its new ST1 series of electrified, purpose-built vehicles for commercial use on Tuesday, aiming to diversify and enhance the efficiency of commercial vehicles for both logistics applications and beyond. An open API-based software platform -- a first for Hyundai vehicles -- is a standout component of the series, which expands the possibilities of today's commercial vehicles by providing the exact telematics data that each business user needs. The unveiling too
MobilityApril 24, 2024
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[Herald Interview] 'Kingdom of the Planet of the Apes' features even more advanced VFX techniques: producers
Since its first outing in 2011, Planet of Apes reboot has demonstrated the pinnacle of visual effects in its realistic depiction of primates. The series has earned global recognition for its VFX techniques, including visual effects nominations at both the BAFTAs and the Academy Awards. Now, a fourth installment, "Kingdom of the Planet of the Apes," is in cinemas, seven years after the previous one. According to the producers, the movie showcases even more advanced visual effects, a cul
FilmApril 24, 2024
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'The Roundup: Punishment' breaks all-time ticket reservation record for Korean films: distributor
"The Roundup: Punishment" set a ticket reservation record for Korean films of all time on its opening day, Wednesday, its distributor said, signaling a robust start for the highly anticipated film. The latest installment in "The Roundup" crime-action franchise starring Ma Dong-seok amassed over 830,000 presold tickets at theaters nationwide, accounting for a whopping 95.5 percent of all box-office ticket reservations as of 8 a.m., ABO Entertainment said, citing figures from t
FilmApril 24, 2024
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KGC eyes broader customer base with Lim Young-woong
Korea Ginseng Corp., the leading manufacturer of ginseng products in the country, has launched a new promotional video featuring trot singer Lim Young-woong. Released on Wednesday, the video showcases a day in the life of Lim, from morning routines to exercise and singing practice. The video highlights the use of JungKwanJang, the company's premium red ginseng brand, portraying its products as essential for daily vitality. Lim, known for his victory in a popular singing competition, appeals
IndustryApril 24, 2024
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4 conglomerates see combined operating profit plunge 65% last year: report
Four major conglomerates saw their combined operating profit plunge 65 percent last year, hit by sluggish sales amid an economic slowdown, a report showed Wednesday. Some 306 affiliates of four conglomerates -- Samsung, SK, Hyundai Motor and LG -- posted a combined operating profit of 24.51 trillion won ($17.9 billion) in 2023, down from 71.91 trillion won a year earlier, according to the report by the Korea CXO Institute, a corporate data firm. Samsung Group, the country's biggest conglome
EconomyApril 24, 2024
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S. Korea, US stage space training against NK GPS jamming threats
South Korea and the United States have conducted joint space exercises to fend off North Korea's global positioning system jamming attacks and other space-based threats, the Air Force said Wednesday. The Air Force's Space Operation Squadron and the US Space Forces Korea formed an integrated team to conduct the training as part of the Korea Flying Training, an annual large-scale airpower drill. It marked the first time that an integrated space operation team attended the KFT, a two-week
DefenseApril 24, 2024
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Trade minister meets head of African trade bloc
Trade Minister Cheong In-kyo has met Wamkele Mene, the secretary general of the African Continental Free Trade Area, in Seoul and they discussed ways to expand economic ties, officials said. The AfCFTA, the largest trade bloc in Africa, officially came into force in January 2021. During the meeting, Cheong said the launch of the AfCFTA is significant considering the growing protectionism around the globe, Seoul's trade ministry said. The upcoming summit between South Korea and African natio
Foreign AffairsApril 24, 2024
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Crypto mogul Kwon appeals against Montenegro court's extradition verdict
Montenegrin lawyers of disgraced South Korean crypto entrepreneur Do Kwon are struggling to have him extradited to his home country, not the United States, according to local news reports. Kwon's legal representatives in Montenegro appealed against the Podgorica High Court's recent ruling that found the conditions for his extradition to both South Korea and the US were met, local daily Vijesti reported on Tuesday. In their appeal, the lawyers said that the high court's April 8 dec
EconomyApril 24, 2024
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[Korea Quiz] Abusive imbalances of power
Find the answer at the bottom. In relationships or social situations where power imbalances lead to problematic dynamics, the term "gapjil" is used to describe unjust and abusive behavior by someone who thinks they are in a relatively superior position. The term originates from Korean legal terminology, where "gap" signifies the more powerful or superior party in a contract, while "eul" denotes the relatively less powerful or inferior party. The suffix "jil&q
Hashtag KoreaApril 24, 2024
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[영어답게 표현하기] 유용한 비즈니스 영어 표현들
이번 회에는 저희 책 Advanced Vocab에서 소개한 중상급 영단어들을 알려드립니다. 단어의 우리말 뜻을 기억하는 데에 그치지 않고, 난이도 있는 단어를 실제로 활용하는 단계까지 나아가 보기 바랍니다. 〈언어, 의사소통〉 1. oxymoron [ɑ̀ksimɔ́ːrɑn] 모순형용, 모순어법 oxy(oxygen의 oxy-로 acid의 ac-와 같이 ‘날카롭다’는 뜻)+moron(‘바보’를 뜻하는 moron과 같은 어원)으로 구성된 단어다. 상호 모순되는 단어들이 같이 활용되는 모순형용, 모순어법을 말한다. 예를 들어 Smart Democrat is an oxymoron(똑똑한 민주당원이란 말은 모순형용이야)., Honest broker is an oxymoron(정직한 브로커란 말은 모순형용이야).처럼 비꼬는 말로 쓰기도 한다. Jumbo shrimp, military intelligence, soft power, busin
English EyeApril 24, 2024