Most Popular
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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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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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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Ship linked to NK arms shipments to Russia is moored in China: State Dept.
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[Kim So-hyun] The quiet taxi driver from Paris
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Seoul shares fall on foreign selling despite overnight US gains
South Korean stocks finished slightly lower Tuesday as foreign investors took profit despite overnight gains on Wall Street. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index fell 6.42 points, or 0.24 percent, to 2,623.02. Trade volume was moderate at 316 million shares worth 9.43 trillion won ($6.84 billion). Winners, however, outpaced losers 671 to 403. Foreign investors sold a net 288.8 billion won, while institutions and individuals combined bought a
MarketApril 23, 2024
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CICI announces Korea image contests
The Corea Image Communication Institute is holding two contests to foster cultural exchange as part of the Cultural Communication Forum 2024 which convenes in June. The “New Korea Idea” contest takes ideas that offer a different perspective on Korea that could be used to represent Korea. The other contest, “AI Korea Image,” challenges contestants to create images that introduce Korean cultural contents such as food, film, music and tourism using an AI image program. Submi
Arts & DesignApril 23, 2024
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CJ's processed rice sales soar in North America
With the rising number of Korean restaurants abroad and the global appeal of Korean food, CJ CheilJedang's processed rice product is experiencing a surge in popularity across North America. CJ CheilJedang announced on Tuesday that sales of Bibigo Cooked Sticky White Rice amounted to 160 billion won ($116 million) last year in North America, marking a 21 percent increase from the previous year, and doubling the figures for 2021. Processed rice stands as one of CJ CheilJedang's seven key
IndustryApril 23, 2024
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
K-pop giant Hybe has initiated an audit of its subsidiary Ador, home to NewJeans, claiming that Ador CEO Min Hee-jin attempted a takeover of the sublabel. This is the first time that Hybe, the parent company for multiple smaller K-pop labels, has taken such a move against a subsidiary. Min, who is also the producer of popular K-pop girl group NewJeans, has denied the allegation, arguing that Hybe took action against her after she pointed out that the entertainment monolith's new K-pop girl
K-popApril 23, 2024
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Virtual K-pop idol group Plave to go global this year
Plave, the virtual K-pop boy group launched by Vlast, aims to expand its reach overseas this year. “Our goal for Plave this year is to go global. We are currently in negotiations with an agency abroad for the group’s launch in foreign music markets. We are close to inking the deal,” said Lee Sung-gu, CEO of Vlast, during a press conference in Seoul on Monday. Vlast is a virtual intellectual property startup that created and manages Plave. “We are creating a whole new genr
K-popApril 23, 2024
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Korean, Romanian leaders discuss defense tech, nuclear energy
The leaders of South Korea and Romania agreed to seek bilateral cooperation in diverse fields, particularly with the defense industry and nuclear energy in focus, during a summit held in Seoul on Tuesday. "I hope (Iohannis's visit to Korea) this year could help our discussion related to military equipment and nuclear energy bear fruit," President Yoon Suk Yeol said in the welcoming remarks of the summit. "Today, we can take our bilateral strategic partnership to the next leve
PoliticsApril 23, 2024
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Samsung starts production of 290-layer V-NAND chips
Samsung Electronics, the world’s largest memory chip maker, said Tuesday it kicked off the mass production of its one-terabit triple-level cell vertical NAND, or V-NAND, which is about 50 percent denser and 10 percent more energy efficient than its predecessor that launched in 2022. “We are excited to deliver the industry’s first 9th-gen V-NAND which will take future applications leaps forward. To address the evolving needs for NAND flash solutions, Samsung has pushed the bou
TechnologyApril 23, 2024
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LG CNS wins Google Cloud partner awards for second year
South Korean IT solutions provider LG CNS said Tuesday it has been named as the services partner of the year for the second consecutive year at the 2024 Google Cloud Partner Awards. The annual awards recognize the standout performance of both global and regional companies across 14 categories, including services, sales, technology and industry solutions. The service partner award is given to a company that provides differentiated services and supports the success of the customer's busines
IndustryApril 23, 2024
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
The South Korean government on Tuesday expressed regret over the visit of a Japanese minister and more than 90 lawmakers to pay respect at the Yasukuni Shrine, which commemorates those who died in service to Japan over several wars, including war criminals from the World War II period. "The government urges responsible leaders of Japan to squarely face history, and demonstrate through action their humble reflection and sincere remorse for Japan's past," Foreign Ministry spokespers
Foreign AffairsApril 23, 2024
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
South Korea’s military is considering a comprehensive ban on iPhones in military buildings due to increasing concerns about possible leaks of sensitive information through voice recordings, according to multiple military sources on Tuesday. The sources, a group of ranking officers who wished to speak on condition of anonymity, said that the Air Force headquarters released an internal announcement on the military's intranet server on April 11, instructing a complete prohibition on any
IndustryApril 23, 2024
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Tension soars as medical professors mull partial strike
Patients in life and limb care are again left to deal with the fallout of the protracted medical standoff as resignations by medical professors due to take effect from Thursday. Concerns over the health care system are also growing as professors were considering reducing work hours and the number of surgeries in a show of protest. Medical professors at eight hospitals affiliated with the Catholic University of Korea’s medical school said Tuesday afternoon that they will submit their resig
Social AffairsApril 23, 2024
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[New on the scene] Director protests middle-aged women's loss of name
Director Jeong Ji-hye, 29, depicts in great detail an ordinary woman in her 50s in her feature film debut “Jeong-sun.” The concept was based on Jeong's year-long experience working part-time at a food packaging factory -- the same setting where the protagonist Jeong-sun works and faces an unexpected event. “While working at the factory, I became close with many middle-aged women who worked there. I could hear their life stories and about the environment they were in,&rdquo
FilmApril 23, 2024
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Samsung SDI showcases latest battery tech at EVS37
Samsung SDI is exhibiting its next-generation "super-gap" battery technologies, including all-solid-state batteries and ultra-fast charging solutions, at the 37th Electric Vehicle Symposium & Exposition in Seoul from Tuesday, where it plans to show its ongoing progress in achieving future commercial availability. The event, known colloquially as the "World EV Olympics," has been a key international platform for electric mobility since its inception in 1969. This year mark
MobilityApril 23, 2024
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[Photo News] Garden for sustainable ecosystem
LG Electronics said Tuesday it opened a garden where pollen-carrying insects such as bees and butterflies, the populations of which have decreased due to climate change, can live stably, at its North American headquarters in New Jersey on Monday. Marking Earth Day on April 22, the tech giant held the Life's Good Earth Day Fair under the theme of "Better Life for All" to raise social interest in carbon neutrality and attract participation from community members. While some 700 peop
IndustryApril 23, 2024
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Posco completes new silicon anode material plant
Posco Group announced Tuesday the completion of a manufacturing plant specifically designed to produce silicon battery materials, laying the groundwork for next-generation secondary battery materials venture. Its battery materials unit Posco Silicon Solution completed a silicon anode material plant in the Yeongil Bay industrial complex of Pohang, North Gyeongsang Province, on Friday. Silicon anode material is a next-generation alternative boasting four times the energy density of graphite anodes
IndustryApril 23, 2024
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Korean woman loses W70m in Elon Musk deepfake scam
A Korean woman was persuaded to invest 70 million won ($50,770) after seeing a deepfake video of what appeared to be Elon Musk, the CEO of Tesla, according to local reports on Tuesday. Jeong Ji-sun, whom KBS has agreed to refer to by a pseudonym, shared how she became a victim of a romance scam on KBS's "In-Depth 60 Minutes." On the April 19 episode, Jeong opened up about how she first started talking with the con artist, who claimed to be Musk. “I experienced something like
Social AffairsApril 23, 2024
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New slogan for DDP unveiled
The Seoul Design Foundation announced Tuesday that it has decided on a new slogan for the Dongdaemun Design Plaza, the first rebrand since opening to the public ten years ago. The new slogan, “Amazing Tomorrow,” will replace the DDP's old slogan, “Dream, Design, Play.” According to the Seoul Design Foundation, the new slogan reflects the foundation’s commitment to delivering experiences that will amaze visitors to the DDP through its exhibitions, futuristic bui
Social AffairsApril 23, 2024
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[Community Discovery] Eunpyeong-gu rebrands as nature-friendly, healthy district
Eunpyeong-gu in northwestern Seoul has rebranded itself as a nature-friendly district, as it looks to boost its image and foster a healthy, inclusive community. The district has seen a rise in the number of visits to its parks and green spaces by "those who wish to take a break from their busy city lives,” said Kim Me-kyung, head of the Eunpyeong District Office. Eunpyeong-gu is located near Bukhansan, a mountain boasting popular hiking trails, and the Bulgwangcheon also runs through
Social AffairsApril 23, 2024
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[Photo News] Kia Tasman in camouflage
Kia on Tuesday unveiled a camouflage-inspired design for the Tasman, the brand's first pickup truck that is set to debut in 2025. Collaborating with Australia and New Zealand-based artist Richard Boyd-Dunlop, the Korean automaker created the colorful wrap design under the theme of "The Paths Never Taken." Starting in 2025, the Kia Tasman will be released in Korea, Australia, Asia and the Middle East in phases. (Hyundai Motor Group)
MobilityApril 23, 2024
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Seoul studies W100m cash incentive for each child born
In a bid to bolster abysmal birth rates, South Korea is exploring what would be its most generous incentive ever -- 100 million won ($72,500) in cash per baby born. The state-run Anti-Corruption & Civil Rights Commission on Wednesday commenced a survey to gauge public opinion on the idea. "Through this survey, we plan to re-evaluate the country’s birth promotion policies to determine whether direct financial subsidies could be an effective solution,” the commission said in a
Social AffairsApril 23, 2024