Most Popular
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Qoo10 liquidity crisis sparks massive complaints, fears of wider damage
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Yoon urges municipalities to embrace foreigners
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What is happening at Hybe?
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S. Korea to consent to Japan's Sado mines gaining World Heritage status: official
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Korea unveils tax reform bill to spur economy
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Actor’s excessive airport security sparks probe into human rights violations
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Man who let his father die due to financial difficulties to be released on parole
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Actor Yoo Ah-in accused of sexual attack
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S. Korea, China shifting from tensions to cooperation: Seoul
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LG Electronics achieves record earnings in Q2
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Talks between Samsung Electronics and striking workers end without agreement
Samsung Electronics and its largest labor union resumed wage talks Tuesday but failed to reach an agreement, informed sources said. The ninth round of talks was represented by Son Woo-mok, head of the National Samsung Electronics Union, and Kim Hyeong-ro, the company's vice president, according to the source. It was the first wage talks between the two sides since the NSEU declared a full-scale strike July 8. They held a preparatory meeting last week to discuss schedules for the talks. The
IndustryJuly 23, 2024
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Will YG's bets on 2NE1, Blackpink pay off?
Legendary girl group 2NE1 will reunite for concerts and Blackpink will set off on a much-anticipated world tour next year. Yang Hyun-suk, founder and chief producer of YG Entertainment, revealed the company’s short-term plan Monday via its YouTube channel, announcing 2NE1 concerts in the second half of this year and Blackpink concerts next year. He also hinted that YG Entertainment is preparing a new K-pop band to debut in the near future. The most eye-catching announcement is the comeback
K-popJuly 23, 2024
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US-Korean dual national elected to PPP Supreme Council
South Korea's ruling People Power Party on Tuesday elected Rep. Ihn Yohan, Korea’s first American Korean lawmaker, to its five-member Supreme Council, the party's highest decision-making body led by newly elected Chair Han Dong-hoon. Ihn, whose English name is John Linton, served as chair of the party's innovation committee last year. Elected to parliament this year through proportional representation, the dual US-Korean national was running mate to chair candidate Won Hee-r
PoliticsJuly 23, 2024
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Eyes turn back to Yoon-Han tensions
A series of conflicts between President Yoon Suk Yeol and his political lieutenant Han Dong-hoon have come under renewed focus as Han was elected as the new chair of the ruling People Power Party in a resounding victory at the party's National Convention on Tuesday. Han was constantly at odds with Yoon's office in Seoul as he led the campaign for the April 10 general election as the ruling party's interim leader. On the latest occasion, earlier in July, Han zeroed in on the presidential office b
PoliticsJuly 23, 2024
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Seoul Metropolitan Ballet debuts with reimagined 'A Midsummer Night's Dream'
The debut performance of Korea's first public contemporary ballet company, Seoul Metropolitan Ballet, is set to break new ground in Korea's dance scene in August. Choreographer Joo Jae-man behind the inaugural production "A Midsummer Night's Dream," expressed his excitement at a press conference held Monday at the Sejong Center for the Performing Arts. "In Korea, dance has been divided distinctly into ballet, traditional Korean dance and contemporary dance. I am so
PerformanceJuly 23, 2024
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Education ministry intensifies scrutiny of advanced tutoring programs
The South Korean Education Ministry announced Tuesday a comprehensive crackdown on advanced learning programs across the country’s private academies, particularly those offering high-school level curricula to young children. The initiative, running from July 3 to Aug. 30, aims to clamp down on "pre-curriculum learning" in these tutoring institutions known locally as hagwons. Many hagwons offer intensive college-prep courses for elementary students, exposing them to advanced sub
Social AffairsJuly 23, 2024
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Art world welcomes eased rule on exports of post-1946 Korean art
A revision to the Cultural Heritage Preservation and Utilization Act's enforcement decree that had banned works of art at least 50 years old from being taken out of the country went into effect Tuesday, allowing for Korean art created after 1946 to be moved out of the country more easily. The art circle welcomed the long-awaited change, which, they said, would make it possible to more effectively promote Korean contemporary art. The previous enforcement decree required any transportable art
Arts & DesignJuly 23, 2024
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Han Dong-hoon back at helm of People Power Party
The ruling People Power Party wrapped up its 2024 national convention on Tuesday with Han Dong-hoon back at its helm. At the finale of the convention in Ilsan, Gyeonggi Province, Han emerged victorious in the contentious four-way race to be the party’s chair. He won more than 62 percent of the ballots from the 408,272 registered voters who participated, according to the party’s final count. In his victory speech, the former justice minister said he wanted to transform his party into
PoliticsJuly 23, 2024
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'I, the Executioner' invited to 49th TIFF
South Korean filmmaker Ryoo Seung-wan’s latest action film, “I, the Executioner,” has been invited to the 49th Toronto International Film Festival, continuing its streak of acclaim after premiering at the Cannes Film Festival in May, CJ ENM announced Tuesday. “I, the Executioner" is a sequel to 2015 blockbuster “Veteran.” "Veteran," which attracted 13.4 million cinemagoers in Korea during its run, was showcased in the vanguard category at the 20
FilmJuly 23, 2024
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Seomjae to debut AI-powered math program at CES 2025
Seomjae, a Seoul-based education solutions developer, is set to launch officially its AI Retrieval-Augmented Generation model-based mathematics learning program at the Consumer Electronics Show in Las Vegas next January. In preparation for the launch, Seomjae announced on Tuesday that it completed gathering beta testers for the program. The beta test, starting on July 29 and lasting about a month, will involve 50 students from Seoul, Ulsan, and Boston. The program, developed over two years by a
TechnologyJuly 23, 2024
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K-pop agency Starship apologizes for security assault on fan
South Korean label Starship Entertainment apologized for the excessive security actions taken against a fan of its boy group Cravity at an airport last month. The K-pop agency posted an official statement to the boy band's fan community on Monday in response to a fan’s post on X. The fan alleged that Cravity’s security guard physically assaulted and mocked them at Gimpo International Airport on June 23 as the band returned to Korea from promotional events in Japan. The fan, id
K-popJuly 23, 2024
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[Herald Interview] Investing in cows: how it works, where it's headed
In Korea, there's a saying that farmers raise a cow to send their children to college, reflecting the long-standing value of cattle. Once exclusive to farmers, livestock has recently become an investment option for the public, allowing individuals to invest without the burden of managing a farm. Bankcow, a fractional investment platform, recently achieved a milestone by completing Korea's first public offering of securities backed by live assets — 100 Korean beef cattle. Despite
IndustryJuly 23, 2024
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Hanlim teams up with Vietnam's CONINCO for enhanced construction management
Hanlim Architecture Group announced Tuesday that it signed a memorandum of understanding with CONINCO, a Vietnamese construction supervision company, to reinforce strategic partnerships and create new opportunities for construction management services in Vietnam and beyond. Hanlim Architecture Group Chairman Park Jin-sun, CONINCO General Director Phan Ngoc Cuong and company officials attended the signing ceremony held at the headquarters of CONINCO on July 16. Representatives from both sides dis
IndustryJuly 23, 2024
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Landmark ruling boosts same-sex couples' confidence in S. Korea
Same-sex couples in South Korea are expressing hope for the improvement of LGBTQ+ rights here, on the coattails of last week's Supreme Court ruling that recognized the legal rights of a same-sex couple for the first time ever. In the landmark ruling, the country's top court ruled that the plaintiff, So Sung-wook, should be eligible for spousal coverage under the National Health Insurance Service subscription of his male partner, Kim Yong-min. The court stated in its ruling that same-se
Social AffairsJuly 23, 2024
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K-water, Naver to set up water management platform for Saudi Arabia
Korea Water Resources Corp., or K-water, is officially set to commence a water management platform in Saudi Arabia jointly with Korean internet giant Naver, for the next five years, the state-run water management agency said Tuesday. The project was announced in a statement by Naver and Saudi Arabia's Ministry of Municipal and Rural Affairs and Housing. This official agreement builds on a partnership initially established between Naver and K-water earlier this month, aiming to penetrate t
IndustryJuly 23, 2024
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Ador's Min refutes allegations she stole NewJeans from Source Music
K-pop label Ador’s CEO Min Hee-jin denied allegations that she "stole" some of the bandmates who would form NewJeans from Source Music. On Tuesday, local entertainment media outlet Dispatch reported that Min took Minji, Hanni, Danielle and Haerin of NewJeans from Source Music, where they were being trained to become K-pop artists. According to the report, these four of the five-member group were part of a project group being called “N team” training under Source Music
K-popJuly 23, 2024
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[Today’s K-pop] Exhibit on BTS’ Jungkook to run next month
The solo career of BTS’ Jungkook will be highlighted with a new exhibition, Big Hit Music said Tuesday. As the show title “Golden: The Moments” indicates, it will focus on the artist’s first solo album which came out in November last year, and give visitors a glimpse into the making of the album. Costumes and equipment he used on stage for live performances and the trophies he earned will be on display along with a series of unpublished photographs. The LP hit the Billboa
K-popJuly 23, 2024
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Founder's arrest leaves Kakao's future in doubt
Kakao Corp., the operator of South Korea's top mobile messenger KakaoTalk, has been plunged into crisis, as its founder and top decision-maker Kim Beom-su was arrested on Tuesday on charges of stock price rigging linked to last year's takeover of K-pop powerhouse SM Entertainment. With a leadership vacuum and a dent to its reputation, concerns are rising over the impact of the disruption on the tech giant’s drive for corporate restructuring and growth in burgeoning technologies i
IndustryJuly 23, 2024
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[Herald Interview] Malaysia's carbon capture project will benefit Korean companies: new envoy
Malaysia’s newly appointed ambassador to Korea, Mohd Zamruni Khalid, suggested Korean companies jointly operate with Malaysia on carbon capture and storage (CCS) projects in a recent interview with The Korea Herald. Urging his country's potential for hydrogen energy exports, the ambassador said that Korea should take advantage of a legal framework on CCS which is likely to be ready by the end of this year. He said that hydrogen energy exports to Korea will positively impact other gree
Foreign AffairsJuly 23, 2024
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Seoul shares snap 4-day losing streak, tracking US gains
Seoul shares closed higher Tuesday to snap a four-day losing streak, tracking an overnight rebound in US tech stocks. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index added 10.78 points, or 0.39 percent, to close at 2,774.29. Trade volume was moderate at 416 million shares worth 11.3 trillion won ($8.15 billion), with losers outnumbering winners 494 to 365. Foreign investors purchased 241.2 billion won worth of local shares, while retail investors an
MarketJuly 23, 2024