Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Doctors' group picks new leader amid tense standoff over increased enrollment quota
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Official campaigning kicks off for April 10 elections
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Dialogue hopes fade as doctors pick hard-liner as new head
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
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[Kim Seong-kon] The April 2024 election will decide our future
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Seoul’s bus union prepares for strike
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[Hello India] Corporate Korea sees new growth drivers in India
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[LLG] Young Seoulite's double life as startup consultant and indie actor
Even in Seoul, teeming with so many busy people, Baek Yo-sun stands out for striving to live in two seemingly contrasting worlds. By day, she's a human resources and post-investment management consultant at a venture capital firm dedicated to nurturing local startups. When the sun sets or weekend begins, she shifts gears to transform into an actor, breathing life into diverse characters. Striking a balance between her two lives has not been easy. She acknowledges that there may not be a p
Hashtag KoreaMarch 21, 2024
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UK Deputy PM Oliver Dowden visits SM Entertainment
British Deputy Prime Minister Oliver Dowden visited K-pop powerhouse SM Entertainment during his visit to South Korea for the 3rd Summit for Democracy, according to SM Entertainment. Dowden met with chief officials of the agency including the Chief Executive Officer Jang Cheol-hyuk and the Chief Global Officer Choi Mi-na, at the headquarters of SM Entertainment in Seoul on Tuesday. British Ambassador to South Korea Colin Crooks and Edward de Minckwitz, a special adviser to Dowden, were also pres
K-popMarch 21, 2024
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Hybe named among Fast Company’s top 50 innovative companies in the world
K-pop powerhouse Hybe made it on Fast Company’s list of the world’s 50 most innovative companies for the current year. Fast Company, an American business magazine, tracks 58 industries and sectors from advertising to video to compile the annual list. Hybe landed at No. 23 on the list of the World’s 50 Most Innovative Companies of 2024, according to Fast Company. This is the third time Hybe has been named on the list, following 2020 and 2022. Fast Company directs the success of
K-popMarch 21, 2024
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[Photo News] All-black Genesis G90
Genesis unveiled the G90 Black on Thursday, refining its flagship sedan with an exclusive all-black design theme known as Genesis Black. The new theme dresses every element, from the grille to the 21-inch wheels, in a deep and consistent shade. Inside, the cabin mirrors this theme with black semi-aniline leather seats, wood trim and aluminum details. The car is on sale now with a starting price of 138 million won ($104,000). (Hyundai Motor Group)
MobilityMarch 21, 2024
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'Transfer dating': Why dating without gap touches a nerve in Korea
Actors Ryu Jun-yeol and Han So-hee, newly announced lovebirds in the South Korean entertainment scene, recently vowed legal action against a barrage of what they say are malicious comments targeting their romance. In just three months, Han in particular went from being voted "female celebrity most people want to spend Christmas with" to losing endorsement deals. The mere accusation of "hwanseung yeonae" -- which roughly translates to "transferring between dating partne
CultureMarch 21, 2024
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S. Korea, US stage urban warfare drills in border city
South Korea and the United States were staging combined urban combat training this week to bolster their readiness against threats in urban areas and underground facilities, Seoul's Army said Thursday. The five-day Army exercise kicked off at an urban operations training ground in the border city of Paju, 37 kilometers northwest of Seoul, on Monday. The exercise mobilized some 400 troops, including soldiers from the South's 9th Infantry Division, a US infantry platoon and other units,
DefenseMarch 21, 2024
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1 S. Korean dead, 1 missing after chemical tanker capsizes off western Japan
A South Korean chemical tanker has capsized off Japan's west coast, leaving one South Korean dead and another missing, officials said. Eight of the 11 crew members on board the Keoyoung Sun vessel died after it capsized in waters near an island off the city of Shimonoseki in the Yamaguchi Prefecture on Wednesday, Seoul's foreign ministry and Japanese news outlets said, citing Japan's coast guard officials. The crew members included two South Koreans, including the captain, as well
Social AffairsMarch 21, 2024
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Seoul shares open sharply higher on hopes for US rate cuts
South Korean stocks opened sharply higher Thursday following record-high finishes on Wall Street afforded by hopes for US rate cuts this year. The benchmark Korea Composite Stock Price Index added 37.38 points, or 1.39 percent, to 2,727.52 in the first 15 minutes of trading. The US Federal Reserve kept its policy rate intact for a fifth consecutive session Wednesday at the 5.25 to 5.50 percent range but signaled as many as three rate cuts within the year. The Dow Jones Industrial Average climbed
MarketMarch 21, 2024
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[해커스 TOEIC] 토익 점수 Up 단어, Part 5 문제
2) 파트 5 3문제 1. The telephone company had little competition ------- the government permitted more firms to establish their own local and long-distance telephone networks. (A) despite (B) after (C) before (D) following 해석 정부에서 더욱 많은 기업들이 지역 및 장거리 전화망을 설치하도록 허가하기 전에는 그 전화 회사의 경쟁사가 거의 없었다. 해설 부사절 접속사 채우기 문제 이 문장은 주어(The telephone company)와 동사(had), 목적어(little competition)를 갖춘 완전한 문장이므로 ‘------- the government ~ telephone networks’는 수식어 거품으로 보아야 한다. 이 수식어 거품은 동사(permitted)를 갖춘 거품
English EyeMarch 21, 2024
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US unveils some $20 billion in grants, loans to Intel
The White House announced a plan Wednesday to award Intel Corp. nearly $20 billion in grants and loans, marking the Joe Biden administration's largest funding scheme under its initiative to strengthen domestic semiconductor production. The Department of Commerce has reached a preliminary agreement with Intel to provide up to $8.5 billion in grants and $11 billion in loans under the CHIPS and Science Act, it said, as South Korea's Samsung Electronics Co. and Taiwan Semiconductor Manufac
World BusinessMarch 21, 2024
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US Fed keeps key rate unchanged for 5th straight time, signals 3 rate cuts this year
The US Federal Reserve on Wednesday held its benchmark lending rate steady for a fifth consecutive time and signaled that it could lower the rate three times this year in line with policymakers' previous projections. After the two-day Federal Open Market Committee meeting, the central bank announced its decision to maintain the rate in the 5.25 to 5.50 percent range. FOMC members' latest median economic projections showed that the federal funds rate would be cut to 4.6 percent at the e
World BusinessMarch 21, 2024
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US must continue to invest in 28,500 American troops in S. Korea: USFK commander
The commander of US Forces Korea emphasized the need Wednesday to continue to invest in 28,500 American service members in South Korea through various training programs to defend South Korea against evolving North Korean threats. Gen. Paul LaCamera made the remarks amid lingering concerns that should former President Donald Trump return to the White House, he could consider reducing the USFK troop level, though the current level is stated in the US National Defense Authorization Act. Those conce
Foreign AffairsMarch 21, 2024
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[Graphic News] South Korean squad for World Cup qualifiers
On March 11, Hwang Sun-hong, the interim boss for the men’s national team, announced his 23-man squad for South Korea’s upcoming World Cup qualifiers. South Korea faces Thailand on Thursday on home turf, then again on March 26 in the Southeast Asian country. The two matches against Thailand will be the first time South Korea’s national team assembles again since losing to Jordan 2-0 in the semifinals of the AFC Asian Cup in Qatar. Paris Saint-Germain’s Lee Kang-in was a
SoccerMarch 21, 2024
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[팟캐스트] (568) 아파트 캥거루족 68%, 결혼 전까지 독립 계획 없다
진행자: 박준희, Ali Abbot 68% of Korean adults living with parents won’t move out until marriage 기사요약: 결혼 전까지 독립 계획이 없는 미혼 남녀들 많아졌다 [1] A recent survey showed that the vast majority of South Korean adults living with their parents in apartments have no plans to move out until they are married. * Recent: 최근의 * Majority: 다수 * Move out: (살던 집에서) 이사를 나가다 [2] Finances were a major factor, as 32 percent said the “cost of housing is too high,” while 23 percent said, “I’m conc
PodcastMarch 21, 2024
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[Wang Son-taek] Democracy summit and dispute over autocratization
The third Summit for Democracy was held in Seoul for three days from March 18. The event was significant because foreign ministers of major countries gathered to discuss Democracy for future generations and the sensitive problems from cutting-edge technologies, including Artificial Intelligence. In particular, Korea, one of the poorest countries and one of the military dictatorships 50 years ago, is proud to have become a prosperous country and hold a democracy summit. However, according to the
ViewpointsMarch 21, 2024
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[Editorial] Talks must begin
The government’s plan to increase medical school enrollment by 2,000 from next year became more specific on Wednesday as it announced that 1,639, or 82 percent, of the additional places will go to colleges outside the greater Seoul area. Of the 40 medical colleges in South Korea, 13 are in Seoul, Incheon and Gyeonggi Province. They account for 1,035 places, or 33.8 percent, of the nation’s current total of 3,058. In case of the so-called “mini” medical colleges that admit
EditorialMarch 21, 2024
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Vietnamese president resigns amid major graft purge
Vietnam's President Vo Van Thuong has resigned after just one year in the job, the ruling Communist Party announced Wednesday, as the country mounts a sweeping anti-graft purge. The party said Thuong was guilty of "violations and shortcomings" and his resignation was accepted by the central committee. The 53-year-old's dramatic fall comes as Vietnam undergoes major political upheaval, with his predecessor forced out in an anti-corruption drive that has seen several ministers
World NewsMarch 20, 2024
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Biden to tout government investing $8.5 billion in Intel's computer chip plants in four states
The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon. President Joe Biden plans to talk up the investment on Wednesday as he visits Intel's campus in Chandler, Arizona, which could be a decisive swing state in November’s election. He has often said that not enough voters know about his economic policies and suggested that more would suppor
World BusinessMarch 20, 2024
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The New Six returns as full unit with Junhyeok back from 14-month break
K-pop boy group released its first digital single, “Fuego,” its first new project in nine months. This is also the group’s full unit comeback as a group of six for the first time in 14 months with Junhyeok back with the group to promote the new digital single. Junhyeok had been taking a break from group activities since January last year due to health issues. “I want to thank the members for waiting for me and also for telling me that they need me in the team. Their suppo
K-popMarch 20, 2024
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Yoon vows to improve conditions for family business succession
President Yoon Suk Yeol vowed Wednesday to improve the conditions for family business successions as he lamented local conglomerates' reluctance to grow their value out of fear of having to pay a larger inheritance tax. Yoon made the promise during a special lecture marking the 51st Commerce & Industry Day in front of some 1,000 people, including the chief executives of large family-run conglomerates, such as Samsung Electronics, Hyundai Motor Group and LG Group. "Many companies
EconomyMarch 20, 2024