Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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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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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Monthly users on local streaming platforms outpace Netflix, Disney+
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US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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[Photo News] Triple crown for Ioniq 5 N
The Ioniq 5 N, Hyundai Motor's high-performance electric vehicle, has won the Korea Automobile Journalists Association's 2024 Car of the Year award, the association announced Tuesday. On top of winning the highest overall award, the Ioniq 5 N also claimed the awards for EV of the Year and Performance of the Year as well. The Korean-made EV edged out the BMW New 5 Series, Kia EV9, Mercedes-Benz EQS and Genesis GV80 Coupe to take the top honor. KAJA comprises some 200 auto journalists
MobilityFeb. 20, 2024
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[Photo News] Galaxy experience space in Barcelona
Samsung Electronics has opened a brand experience space at the Plaza de Catalunya in Barcelona, Spain, ahead of the upcoming MWC Barcelona 2024, the telecom industry's largest annual gathering, which kicks off Monday next week. Visitors can experience the tech giant’s latest flagship smartphone, the Galaxy S24 series, alongside diverse Galaxy AI features, until Feb. 29. (Samsung Electronics)
IndustryFeb. 20, 2024
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[Photo News] AI workshop for Baskin Robbins
SPC Group on Monday opened “Workshop by Baskin Robbins,” a creative research lab for the ice cream chain to study next-generation products based on artificial intelligence and other futuristic technologies. Located at the food giant’s headquarters in southern Seoul, the company said, new and more experimental products will be introduced first via the venue to gauge consumer sentiment. (SPC Group)
CompaniesFeb. 19, 2024
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[Photo News] Safety first
Cho Jeong-lae (right), the president director of KB Insurance Indonesia, places a safety helmet on a student at the Sinar Cahaya Kasih school in South Jakarta, Indonesia, during a donation ceremony Friday. KB Insurance said it will distribute 1,000 helmets to underprivileged children and adolescents in Indonesia to promote road safety. (KB Insurance)
IndustryFeb. 19, 2024
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[Photo News] Winner of 2024 Genesis Invitational
Hyundai Motor Group Executive Chair Chung Euisun (right) and Japan’s nine-time PGA Tour winner Hideki Matsuyama hold the trophy celebrating the player’s victory at the 2024 Genesis Invitational of the US PGA Tour held last week at California's Riviera Country Club. In its eighth year as the event's title sponsor, the carmaker's Genesis brand provided a fleet of 220 vehicles during the four-day tournament. Matsuyama was awarded a $4 million prize along with the GV80 c
MobilityFeb. 19, 2024
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[Photo News] Water Partnership
Woori Financial Group Chairman Yim Jong-yong (left) and Korean Water Resources Corp. (or K-water) CEO Yun Seog-dae pose for a photo at the financial giant’s Seoul headquarters on Thursday after signing a memorandum of understanding to support small- and medium-sized firms for their overseas expansion and environmental, social and governance management. “Our partnership combining Woori’s expertise in corporate financing and K-water’s business know-how will become a crucial
IndustryFeb. 18, 2024
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[Photo News] Busan baseball stadium to get a new look
Minister of Culture, Sports and Tourism, Yu in-chon, on Saturday visited the Sajik Baseball Stadium in Busan, which is undergoing reconstruction. The reconstruction of Sajik Baseball Stadium is scheduled to begin in the first half of 2026, to be completed in the second half of 2028. In 2021, the city of Busan adopted a joint declaration with the Lotte Giants on the reconstruction and conducted a study to carry out the reconstruction. “This year, we plan to hold discussions with Lotte Grou
CultureFeb. 17, 2024
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[Photo News] Shining Future
Citibank Korea CEO Yoon Myung-soon (left) and JA Korea President Lee Eun-hyung pose for a photo during a sponsorship signing event held at the bank’s Seoul office on Wednesday. The bank donated 317 million won ($250,000) to the Korean unit of JA Worldwide, a non-profit youth organization, to help vocational school students prepare for their future careers as part of the Citi-JA Shining Future Program. (Citibank Korea)
IndustryFeb. 15, 2024
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[Photo News] Korean BMW navigation
BMW Group Korea said Wednesday that it will begin loading the Korean BMW navigation system based on the country's leading mobility platform Tmap, starting with the BMW X1 and BMW 2 Series Active Tourer models this month. The automaker said the newly developed navigation system offers advanced convenience, as it receives the latest traffic and map information in real time through online streaming. The Korea-dedicated navigation will be equipped on the BMW New X2 and new Mini models, which ar
MobilityFeb. 14, 2024
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[Photo News] Bitcoin flies high
A screen shows bitcoin trading at over 67 million won ($50,459) at local crypto exchange Bithumb's headquarters in southern Seoul, Tuesday. The price of bitcoin traded above $50,000 on Monday (US time) for the first time since December 2021, according to the US-based crypto exchange Coinbase. The sharp increase is assessed to have stemmed from a strong inflow of spot bitcoin exchange-traded funds that directly hold bitcoin. The Korean price of bitcoin stood at 67.1 million won as of 2 p.m.,
MarketFeb. 13, 2024
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[Photo News] Fostering investment with UK
First Vice Finance Minister Kim Byung-hwan (right) and Minister of State for Regulatory Reform of the United Kingdom Lord Dominic Johnson pose after signing a Memorandum of Understanding for the launch of a dialogue between the two governments to promote mutual investment expansion in London on Wednesday. The Korean ministry expected that the dialogue would serve as a channel for introducing investment opportunities from both countries and create a friendly investment environment. (The Ministry
EconomyFeb. 8, 2024
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[Photo News] Boosting Shipping Logistics
Hyundai Glovis, Hyundai Motor Group's logistics affiliate, said Wednesday that it has signed a memorandum of understanding with the Korea Ocean Business Corporation under the Ministry of Oceans and Fisheries to secure four pure car and truck carriers, or PCTCs, to bolster Korea's vehicle exports. The Korea Ocean Business Corporation will place the orders for the ships, which have the global top-class capability of loading 18,000 cars per ship and are expected to be delivered in 2027. I
IndustryFeb. 7, 2024
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[Photo News] Korean defense firms target Middle East
At the 2024 World Defense Show in Saudi Arabia on Monday, Hyundai Rotem's defense solutions business unit head, Lee Jung-yup (eighth from left), and LIG Nex1’s overseas business manager, Lee Hyun-soo (ninth from left), formalized a defense export cooperation agreement aimed at the Middle East market. This collaboration targets surging demand for modernized defense capabilities in the region, strengthening the global footprint of Korean defense technologies. Hyundai Rotem has showcased
IndustryFeb. 6, 2024
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[Photo News] Forex roadshow in London
South Korean First Vice Finance Minister Kim Byoung-hwan (second from left at table) speaks during an investor relations session in London on Monday about the current status of the South Korean economy and the country's economic policy plans. Ten global investment banks, including JP Morgan, Fidelity, Wellington, UBS and Morgan Stanley, attended the session to introduce Korea's new policies to boost accessibility for the country's foreign exchange market. (Ministry of Economy and
EconomyFeb. 6, 2024
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[Photo News] Ex-Premier Leaguer Lingard in Seoul
Jesse Lingard, former Manchester United midfielder and England men’s national football team member, arrived at Incheon International Airport on Monday afternoon as he is expected to finalize a deal with FC Seoul of the K League 1, South Korea’s highest professional football league, later this week. If the deal with FC Seoul goes through, the former English Premier Leaguer will become the biggest international football star with the highest name value that the Korean league has ever s
SoccerFeb. 5, 2024
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[Photo News] Foreign reserves fall
Two employees sort out dollars at Hana Bank's Counterfeit Notes Response Center in central Seoul on Monday. Korea's foreign reserves stood at $415.7 billion as of end-January, down $4.39 billion from the previous month, according to the Bank of Korea. It was the first time in three months for the figure to fall. The US greenback has been strengthening as the market has lowered its expectation of an early pivot in the Federal Reserve's monetary policy. Korea was the world's ni
EconomyFeb. 5, 2024
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[Photo news] Seoul's biggest blessing is you
The new quote "Seoul's biggest blessing is you" is seen on the signboard on the front side of the Seoul Metropolitan Library building in central Seoul. Seoul Metropolitan Government put up the quote in celebration of Seollal, Korea’s traditional New Year's day, which falls on Saturday, the city announced Monday. The city government has displayed quotes collected from citizens since 2013 on the signboard hung at the former Seoul City Hall main building.
Social AffairsFeb. 5, 2024
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[Photo News] Hanwha in Saudi
Hanwha Group's defense affiliates -- Hanwha Aerospace, Hanwha Systems and Hanwha Ocean -- are showcasing their latest weapons systems at the World Defense Show 2024 held in Riyadh, Saudi Arabia, from Sunday to Thursday. Displaying the defense solutions covering the air, land and ocean such as an advanced engine for a fighter jet, K9 howitzer and submarine technology, Hanwha said it will look to explore partnerships in the Middle East. (Hanwha Aerospace)
IndustryFeb. 4, 2024
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[Photo News] IBK chairman starts second year at helm
Industrial Bank of Korea Chairman and CEO Kim Sung-tae convened a meeting with top executives from the bank's subsidiaries and branches at the IBK training center in Chungju, North Chungcheong Province, on Friday, marking the start of his second year in office. Emphasizing the bank's pivotal role in "driving Korea's economic growth by leveraging policy financing for small and medium-sized enterprises," Kim underscored the importance of boosting support for small business
IndustryFeb. 4, 2024
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[Photo News] 'Squid Game' to return with second season in 2024
"Squid Game," the South Korean Netflix original drama series which took the world by storm upon its release in 2021, will return with a second season in 2024, according to Netflix. The new season of the thriller will follow the story of Sung Ki-hun (played by Lee Jung-jae), who gives up his flight to the United States after discovering that the organizers of the death game are continuing to recruiting participants. The drama series will also follow the stories of various contestants wh
TelevisionFeb. 2, 2024