Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Medical reform committee kicks off despite boycott from doctors
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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Over 9,000 hotline calls made by stalking victims in 2023
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Monthly users on local streaming platforms outpace Netflix, Disney+
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Seoul to promote luxurious side of the city
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Seoul shares jump 2% on rally in techs, batteries
South Korean stocks soared 2 percent Wednesday as tech, secondary battery and other market heavyweights rallied following overnight gains on Wall Street. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index climbed 52.73 points, or 2.01 percent, to 2,675.75. Trade volume was moderate at 319 million shares worth 10.06 trillion won ($7.34 billion). Winners outpaced losers 610 to 270. Institutions and foreign investors combined bought a net 855.3 billion won, w
MarketApril 24, 2024
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N. Korean minister embarks on trip to Iran amid Mideast crisis
A North Korean minister has embarked on a rare public visit to Iran, drawing scrutiny over the potential expansion of illicit cooperation between the two countries that have been under comprehensive international sanctions, especially amidst simmering tensions in the Middle East. North Korean state media confirmed Wednesday that Yun Jong-ho, minister of external economic relations, departed Pyongyang the previous day to lead a North Korean government economic delegation to Iran. North Korean sta
North KoreaApril 24, 2024
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SNU profs to suspend treatment for one day
Amid an intensifying standoff between doctors and the government, professors at Seoul National University Hospital, said Wednesday they would suspend treatments for one day on April 30, with some in leadership roles saying they would resign on May 1. Stressing that the decision was made as a last resort, the professors said they also needed time off to recover from months of filling in for junior doctors who walked out to protest plans to expand medical schools. They said they would inform their
Social AffairsApril 24, 2024
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Korean investment in US almost doubles from pre-pandemic: report
South Korea's investment in the US increased about 1.8 times last year compared to the pre-COVID-19 period as major conglomerates set up large-scale facilities in the eastern part of the country, a report from a business lobby group showed Wednesday. According to the report published by the Korea Chamber of Commerce and Industry, the total Korean investment in the US stood at $27.7 billion last year, up 75 percent from $15.8 billion in 2019. Large conglomerates like Samsung Electronics, SK
EconomyApril 24, 2024
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[My Hangeul Story] 'Hangeul unfolds a brand new world'
MANILA -- Guiding top K-pop artists visiting Manila was something that Grace Iriberri had never imagined when she started learning Hangeul, the Korean writing system, out of curiosity, some 10 years ago. Now, Iriberri feels that the Korean language has expanded her universe, creating new connections with people not only from the Philippines but also from South Korea. “My relationship with Korea started when I tutored Korean children as an English teacher in Manila,” Iriberri told The
CultureApril 24, 2024
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Korea’s homegrown nanosatellite successfully launches into space
South Korea launched its first homegrown earth observation nanosatellite into orbit as part of the country’s project to create a satellite constellation by 2027, the Science Ministry said Wednesday. The Earth observation satellite, named NEONSAT-1, lifted off aboard Rocket Lab's Electron rocket from a spaceport in Mahia, New Zealand. The Ministry of Science and ICT said the satellite was deployed into space at an altitude of 520 kilometers and successfully separated from the launch ve
TechnologyApril 24, 2024
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Korean robot startup aims to transform human walking
South Korean robotics startup WIRobotics aims to transform the walking experience via its award-winning wearable robot WIM, made lighter and more convenient for everyday use, the company's chief said Wednesday. "We believe humans will be able to enhance walking and physical abilities with the assistance of the interactive robotics technology, and have thought wearable robots will be optimal," WIRobotics CEO and Chief Technology Officer Kim Yong-jae said at the press conference in
IndustryApril 24, 2024
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LG Energy Solution vows stern action to protect patent rights
LG Energy Solution announced new stringent policies Wednesday to address rampant patent infringements by what it describes as "patent free-riders." The nation's top battery maker plans to enforce its intellectual property through legal actions and promote equitable competition by contributing to a legitimate battery patent licensing market. This decision comes in response to an increasing number of companies -- both new entrants and established manufacturers -- exploiting LG Energ
IndustryApril 24, 2024
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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