Seoul shares start lower ahead of key rate decision

South Korean stocks opened a tad lower Wednesday ahead of the central bank's rate-setting meeting. The benchmark Korea Composite Stock Price Index (Kospi) lost 11.02 points, or 0.44 percent, to 2,510.74 in the first 15 minutes of trading. Overnight on Wall Street, US stocks climbed modestly on a dovish comment by a Federal Reserve official, with the Dow Jones Industrial Average edging up 0.24 percent and the Nasdaq Composite adding 0.29 percent. The Bank of Korea is set to decide on its pol

MarketNov. 29, 2023

[Graphic News] Half of Russians want Putin to end war

Almost half of Russians want President Vladimir Putin to open talks to end the war in Ukraine, according to a survey. Some 48 percent of respondents agreed it was time to negotiate a peace deal, with 39 percent in favor of pressing on with the war, the telephone poll of 1,611 people by the Russian Field company found. The proportion favoring talks was the highest since the company began monitoring attitudes to the war in April last year. Russian President Vladimir Putin has shown no willingness

World NewsNov. 29, 2023

[Lisa Jarvis] Hospitals are shortchanging Black cancer patients

A new analysis from researchers at the American Cancer Society suggests that the distressing disparity in outcomes for Black and white colon cancer patients could narrow if hospitals simply treated all patients with the same level of high-quality care. The disparity in rates and deaths from colorectal cancer among Black people has been a longstanding problem in cancer care. Black individuals are 20 percent more likely to be diagnosed with colon cancer and 40 percent more likely to die from it. T

ViewpointsNov. 29, 2023

[Kim Seong-kon] Amid the war of political ideologies

South Korea is a country where conservatism and socialism/progressivism have been at war for the past eight decades. Unfortunately, this means that there has been no room for liberalism in the Korean political arena. Surely, there are many liberals, and yet they are invisible in the whirlwind of ideological warfare between conservatives and socialists/progressivists. Watching the chronic war, one might have the impression that the Korean people do not seem to correctly perceive the definition of

ViewpointsNov. 29, 2023

Busan loses World Expo 2030 bid

Riyadh, Saudi Arabia has won the right to host the World Expo in 2030, beating South Korea's port city of Busan, results of the final vote showed on Tuesday. Members of the Bureau International des Expositions, the World Expo organizing authority, held a vote by secret ballot during a general assembly on Tuesday in Paris, following the final presentations of the bidders' proposals. Riyadh garnered 119 votes out of the 165 as Busan won 29 votes in the first round of voting by members of

Foreign AffairsNov. 29, 2023

Spike in camping enthusiasts in Korea, yet camping etiquette lags behind

“This is not a campsite,” reads a banner that hangs prominently -- yet seemingly powerlessly -- in a public parking lot at the port of a small island off the city of Sacheon, South Gyeongsang Province. After gaining social media fame as a haven for fishing and camping, the island of Neokdo’s usually quiet fishing villages are grappling with visitors in camping cars and tents overstaying their welcome. Often they occupy prime spots in public space, leaving them mostly unattend

Hashtag KoreaNov. 28, 2023

Footballer Hwang Ui-jo banned from nat'l team during police probe into illegal filming charges

The South Korea football governing body announced Tuesday forward Hwang Ui-jo will be banned from the national team until the conclusion of an ongoing police investigation into charges that he'd filmed a sexual encounter with a woman without consent. The Korea Football Association (KFA) reached the decision following a meeting of representatives from its ethics committee and national team technical committee earlier in the day. The KFA held the meeting after being criticized for putting Hwa

SoccerNov. 28, 2023

S. Korea's heavyweights like ex-U.N. chief Ban to make final presentation to clinch 2030 World Expo

South Korea is set to make its final presentation for the 2030 World Expo host city bid in Paris on Tuesday, bringing in high-profile figures such as former U.N. Secretary-General Ban Ki-moon and K-pop stars. The host city for the globally prestigious event, overseen by the Paris-based Bureau International des Expositions (BIE), will be elected by member states in rounds of voting during the general assembly later in the day. Each candidate will make a final presentation prior to the voting. Sou

Foreign AffairsNov. 28, 2023

Apgujeong Rolls Royce hit-and-run victim dies after 4 months in coma

The victim of a high-profile car crash involving a driver suspected of being under the influence of illicitly prescribed drugs has died, after four months in a coma. The victim, a woman in her 20s identified by the surname of Bae, had been on life support since August, when she was hit by a vehicle driven by the suspect while walking along a sidewalk in Apgujeong, southern Seoul. The suspect, a 28-year old man identified by the surname of Shin, is believed to have been under the influence of nar

Social AffairsNov. 28, 2023

South Korea warns tit-for-tat action over North Korea’s border buildup

Adding to renewed tensions between the two Koreas, North Korean soldiers guarding the truce village appeared armed Tuesday, as Seoul expressed its willingness to reciprocate Pyongyang’s redeployment of surveillance posts and heavy weapons along the shared border. Reports said Tuesday that North Korean soldiers stationed in the Joint Security Area were armed with pistols, in the latest in a string of moves by Pyongyang to resume military activities paused by the 2018 inter-Korean agreement

PoliticsNov. 28, 2023

Court clears cabbie in death of passenger who jumped out of moving taxi

A 66-year-old taxi driver whose passenger jumped out of his moving taxi and was then killed after being hit by another car has been cleared of traffic accident charges, according to media reports on Tuesday. The Daegu District Court also cleared the 43-year-old driver of an SUV that hit the woman and killed her, saying it was impossible for the driver to evade the victim. The incident occurred in Pohang, North Gyeongsang Province, on March 4, 2022, when the 20-year-old victim got on the taxi in

Social AffairsNov. 28, 2023

Transgender blind spot in hospitalization: NHRCK

The Ministry of Health and Welfare rejected a request to devise guidelines of hospitalization for transgender people, said the state human rights watchdog. The National Human Rights Commission of Korea (NHRCK) announced on Tuesday that the Health Ministry failed to give clear answers on how the country will accommodate trans patients. Under current medical law, patient rooms are operated separately for men and women. The human rights group pointed out that this puts trans and nonbinary people in

Social AffairsNov. 28, 2023

[Today’s K-pop] DAY6 to host full-group concert next month: report

DAY6 will hold a year-end concert with all four members present, a first in four years, according to a local media report on Tuesday. Label JYP Entertainment confirmed the news uploading a poster for its concert -- dubbed “The Present: You Are My Day” -- that will be held in Seoul from Dec. 22-24. “My Day” is the name of its official fandom community. It will be the first full-group effort since the bandmates completed their respective military duties. Wonpil was the las

K-popNov. 28, 2023

Daily Sports Hankook hopes to help stengthen Korea-Indonesia ties through business forum

The Korea-Indonesia Cooperation Forum is all set to take place on Thursday in Jakarta, marking the 50th anniversary of diplomatic relations between Korea and Indonesia. The forum is a significant step toward strengthening cooperation, boosting collaboration, and exploring business opportunities between the two nations. The Korea Herald had an interview with Cho Sung-hyun, the director of the Corporate Planning and Management Division of The Daily Sports Hankook, one of the media partners for t

EconomyNov. 28, 2023

[Herald Interview] Strings of inspiration: Classic guitarist Deion Cho talks about decadelong journey to victory

The story reads like a movie script where the protagonist, after 10 attempts, finally clinches a grand prize. Such is the story of classical guitarist Deion Cho, who emerged triumphant at the 56th Francisco Tarrega International Guitar Competition in Spain this September. Previous winners of the prestigious competition established in 1967 in honor of Francisco Tarrega (1852-1909), the composer of “Memories of the Alhambra,” includes world-renowned guitar virtuoso David Russell. Cho,

PerformanceNov. 28, 2023

Trilateral cooperation unaffected by US election outcomes: Goldberg

The existing trilateral cooperation among South Korea, the United States and Japan will remain enduring, regardless of the outcome of the 2024 US presidential election, US Ambassador to South Korea Philip Goldberg said Tuesday. Goldberg highlighted that the foundation of the three-way cooperation among like-minded countries -- grounded in shared values such as democracy, free markets and the rule of law -- inherently signifies sustainability. "We share so many of these values and interests

Foreign AffairsNov. 28, 2023