Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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LS Materials breaks ground on EV parts plant
LS Materials’ subsidiary HAIMK began construction of an aluminum parts plant for electric vehicles in Gumi, North Gyeongsang Province, on Wednesday. According to LS Materials, the plant will begin the mass production of battery cases with an annual capacity that can be used for 300,000 EVs in the first quarter of next year. The product is a high-strength aluminum component that protects the battery from outside impact without supplementary steel material. “Our products will be the on
IndustryApril 17, 2024
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1 in 3 Koreans live alone, family types becoming diverse
Amid rapid aging and an increasing number of young people choosing to hold off on marriage, the proportion of one-person households in South Korea increased last year to 33.4 percent, data from the Ministry of Gender Equality and Family showed Wednesday. According to the ministry's factual survey of families based on 12,044 households in the country, the number of single-person households nearly doubled in 10 years. The group which accounted for 15.8 percent in 2010 grew to 30.4 percent i
Social AffairsApril 17, 2024
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Mirae Asset Global X set for growth under new chief
Mirae Asset Global Investments announced Wednesday that Global X, its US-based exchange-traded fund subsidiary, would seek increased competitiveness under new CEO Ryan O'Connor, the former global head of ETF products at Goldman Sachs. O'Connor, who has an over 17-year career in the US ETF industry, having worked at Goldman Sachs and State Street Global Advisors, took office as the chief of fund issuer Global X on April 8. Through a recent leadership reshuffle carried out earlier this m
IndustryApril 17, 2024
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Yoon's office denies considering liberal figures for key posts
The presidential office on Wednesday denied rumors that President Yoon Suk Yeol, in his search for candidates for a new prime minister and key aides, reached out to liberal figures who formerly worked for his predecessor Moon Jae-in. The presidential office "has not considered any plans to hire former SMEs and Startups Minister Park Young-sun or Yang Jung-chul, former head of the Institute for Democracy," it said in a statement Wednesday. The Institute for Democracy is the main opposit
PoliticsApril 17, 2024
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Samsung CEO bets big on connectivity to take on Apple
Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said its home appliance division, backed by enhanced connectivity with mobile devices, will enjoy its heyday in the second half of this year, showing confidence in the competition with its powerful rival Apple. “We may not yet be the No. 1 player in the home appliance sector. But if we can offer more enhanced connectivity, based on our leadership in TVs and smartphones, consumers will respond positively,” Han said at a press c
TechnologyApril 17, 2024
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LG sets W1tr sales goal for built-in appliances by 2027
LG Electronics unveiled the ambitious target of 1 trillion won ($722 million) in sales solely from built-in appliances by 2027 at this year’s Milan Design Week, one of the largest international design and furniture exhibitions. “Within three years, we will be able to make our built-in (appliance) business worth trillions and turn it into another growth engine,” Lyu Jae-cheol, head of LG Electronics' home appliance and air solutions division, told a group of local reporters
TechnologyApril 17, 2024
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Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
South Korean Muslim YouTuber Daud Kim has again become the subject of media attention, after he announced on his channel that he would build a mosque on land he had purchased in Incheon. Kim, a content creator in his 30s with more than 5.52 million YouTube subscribers, posts videos in English about living as a Muslim in Korea. He gained a lot of followers overseas after publicly announcing on YouTube his conversion to Islam from Christianity in September 2019. In August 2020, he generated contro
Social AffairsApril 17, 2024
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Affinity tapped as preferred bidder for SK Rent-a-Car
SK Networks has chosen Affinity Equity Partners, a private equity fund headquartered in Hong Kong, as its preferred bidder for the sale of its ownership stake in SK Rent-a-Car, the nation's No. 2 rental car service company. SK Networks intends to divest all of its shares in an estimated deal worth some 850 billion won ($613 million). Both parties plan to conduct due diligence before finalizing the contract, SK Networks said in a regulatory filing Tuesday. Following the merger of AJ Rent-a
IndustryApril 17, 2024
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[Herald Interview] Government to support firms in reducing carbon emissions
Kim Sang-hyup, co-chair of the Presidential Commission on Carbon Neutrality and Green Growth, said that the environmental crisis caused by climate change is “not something to consider for the distant future, but a current matter of survival for everyone.” During an interview with Herald Business and The Korea Herald on Mar. 28, Kim mentioned that extreme weather events have recently become more frequent and that climate change has seriously affected people’s daily lives and the
Social AffairsApril 17, 2024
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‘Following’ contrasts voyeuristic man, attention-seeking woman
First-time director Kim Se-hui's “Following” is a mystery thriller that depicts the secretive life of a voyeur and a pretentious attention-seeking social media influencer. Byun Yo-han stars as real estate agent Gu Jeong-tae, who follows influencer Han Sora, played by Shin Hae-sun. Lee El stars as detective Oh Young-ju investigating a death related to Jeong-tae and Sora. “Jeong-tae is a kind of character who is really hard to explain in words. That’s why we produced a
FilmApril 17, 2024
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1,700 killed for their religion during Korean War: panel
About 1,700 religious people in South Korea were massacred by the North Korean military, pro-North groups, and other hostile forces around the time of the 1950-53 Korean War, the state-run independent investigative committee on past endeavors said Wednesday. The Truth and Reconciliation Commission, Republic of Korea have verified the complete list of religious people that had been killed across the country, based on records including the 1952 report by the now-defunct Bureau of Public Informatio
Social AffairsApril 17, 2024
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Man nabbed for protest on top of Han River bridge
Yongsan Police Station in Seoul took into custody a man in his 50s for hanging an illegal banner and staging a five-hour protest on top of a Han River bridge on Wednesday morning. The man demanded that President Yoon Suk Yeol be granted emergency powers. The suspect climbed to the top of the metal structure of the Hangangdaegyo bridge in Ichon-dong, Yongsan-gu, Seoul at around 5:40 a.m., hanging a banner saying, "I demand the government and the ruling party grant emergency powers (to the pr
Social AffairsApril 17, 2024
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Ministry to hire retired doctors to fill medical void
The Health Ministry on Wednesday started recruiting retired or soon-to-retire physicians to address rural healthcare deserts and essential medical fields as the junior doctors’ mass resignation entered its ninth week. The ministry on Tuesday afternoon opened a center for senior doctors at the National Medical Center in Jung-gu, central Seoul, to entice senior doctors nearing retirement or inactive physicians with experience working in university hospitals to extend their years of service i
Social AffairsApril 17, 2024
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LS Eco Energy wins $30.51m supply deal to supply Denmark's Energinet
LS Eco Energy, a subsidiary of LS Cable & System, announced Wednesday that it is supplying extra high voltage cables to Energinet, a Danish state-owned transmission system operator of electricity and natural gas, over the next three years in a deal worth $30.51 million deal. The contract follows another Danish deal worth $13 billion signed earlier this month. The demand for EHV cables has been growing substantially in Denmark thanks to the nation’s growing infrastructure projects -- pa
IndustryApril 17, 2024
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K-pop singer lost consciousness after being hit by foul ball, cancels show
A member of the South Korean girl group Ichillin’ was briefly rendered unconscious after being struck by a foul ball while waiting for a performance during a pro baseball game in Seoul on Tuesday. The singer soon recovered consciousness, but her performance was canceled. “Chowon is currently in good health. There were no abnormalities found during a detailed (medical) examination, and she will undergo additional tests later today,'" her agency Kmet said in a statement
K-popApril 17, 2024
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Man files missing person's case after girlfriend won't return his calls
The South Korean police are investigating a man in his 60s who falsely reported that his girlfriend was missing after she didn't return his calls. Yangcheon Police Station in Seoul is questioning the man on a charge of violating the Punishment of Minor Offenses Act, Article 3 of which states that falsely reporting a missing person's case is punishable by a fine of up to 600,000 won ($432) or 29 days in a detention center. At around 9:19 p.m. on April 13, the suspect reported to the p
Social AffairsApril 17, 2024
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[Bridge to Africa] Rwanda, financial gateway to Africa
Rwandan Ambassador to Korea Bakuramutsa Nkubito Manzi said the African country can serve as a swift and safe financial gateway for Korean companies to enter Africa. Noting similarities between Korea and his country's history, systems and culture, Manzi underscored Rwanda's transformation from a war-torn country to a potential economic powerhouse. “We've gone from chaos; it was the Korean War here in Korea, it was the genocide against the Tutsis in Rwanda that leveled the cou
Foreign AffairsApril 17, 2024
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Stray Kids to release digital single featuring Charlie Puth
Stray Kids are set to release a digital single, “Lose My Breath,” featuring global pop star Charlie Puth on May 10. JYP Entertainment, the label housing Stray Kids, announced the release on the group's official social media accounts on Wednesday. Charlie Puth rose to stardom with “See You Again,” the original soundtrack of the film “Furious 7,” released in 2015. He has worked with other K-pop artists in the past. Jungkook of BTS featured on Charlie Puth&r
K-popApril 17, 2024
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Indo-Pacific deal on supply chains takes effect in S. Korea
A US-led Indo-Pacific agreement on supply chains went into effect in South Korea, Seoul's trade ministry said Wednesday. The Indo-Pacific Economic Framework was launched by US President Joe Biden in 2022, involving 14 member nations, including South Korea, the United States and Japan. "The government plans to come up with measures to utilize the IPEF, as the country needs a policy that supports the industrial supply chain," Trade Minister Cheong In-kyo told a meeting with corporat
EconomyApril 17, 2024
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Seoul says Fu Bao loan 'not going to happen'
The Seoul Metropolitan Government recently turned down a citizen petition to fund a loan from China of Fu Bao, the beloved giant panda who is the first of its kind to be born in South Korea. The petition was posted on April 8, urging the city to re-loan Fu Bao so that she may be housed at the Seoul Grand Park, in Gwacheon, Gyeonggi Province. The park is funded and operated by Seoul. However, the city said it would be better for Fu Bao to stay in China, where she was sent earlier this month. &quo
TravelApril 17, 2024