Most Popular
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1 in 3 Koreans live alone, family types becoming diverse
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Korea, Japan finance chiefs vow to tame rampant FX market volatility
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US 'incredibly concerned' about suspected NK-Iran military ties
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K-pop group's manager dismissed for setting up spycam in theater dressing room
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K-pop singer lost consciousness after being hit by foul ball, cancels show
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Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
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[Kim Seong-kon] Democracy and the future of South Korea
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Yoon's office denies considering liberal figures for key posts
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Why is Apple Pay struggling to get purchase in Korea?
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Seoul says Fu Bao loan 'not going to happen'
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Paris Baguette debuts in the Philippines
SPC Group said Thursday its bakery chain Paris Baguette had launched its first store in the Philippines. The new Paris Baguette branch in Manila features wooden interiors, designed to create a premium European bakery ambiance, and is located on the first floor of the SM Mall of Asia, the largest shopping center in the Philippines, with a total of 90 seats available. SPG Group signed a franchise agreement with a local retailer Berjaya Food Berhad in August. This deal falls under the so-called &qu
CompaniesApril 18, 2024
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Hyundai Motor, Toray join hands for material innovation in mobility
Hyundai Motor Group has signed a strategic partnership agreement with Japanese material manufacturer Toray Industries to enhance materials technology for vehicles, officials announced Thursday. Under the partnership, the two sides will work together to develop lightweight and high-strength materials to advance the performance and safety of the Korean automaker’s vehicles. According to Hyundai Motor, the joint research and development will include carbon fiber-reinforced polymer parts that
MobilityApril 18, 2024
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Farming households dip below 1m for first time in 2023
The number of farming households in South Korea fell below 1 million for the first time last year, while over half of the country's farming population was aged 65 or older, latest data showed Thursday. According to Statistics Korea, there were an estimated 999,000 farming households as of Dec. 1, a decrease of 24,000, or 2.3 percent, compared with 2022. This is the first time since the survey began in 1949 that the number has dipped below 1 million. However, Statistics Korea cautioned that
Social AffairsApril 18, 2024
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‘The Host’ creature sculpture in Han River park to be removed
A sculpture modeled after the mutated fish creature from Bong Joon-ho's 2006 film "The Host" is set for removal this year from Yeouido Han River Park due to its design clashing with the park's aesthetics, Seoul City announced Thursday. The 3-meter-tall and 10-meter-long sculpture was installed in 2014 as part of an endeavor to enrich the area's cultural and tourist allure with a city budget of around 180 million won ($130,900). Following a new urban design initiative l
Social AffairsApril 18, 2024
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
Traditionally dominated by Japanese manufacturers like Toyota and Honda, the hybrid vehicle sector is now seeing renewed interest from global automakers looking to improve profitability amid delayed growth of pure electric vehicle sales. Among them, Hyundai Motor Group stands out as one of the few key competitors with robust full hybrid electric vehicle technology. This positions Hyundai uniquely as one of the few automakers to profit from increasing hybrid sales as it navigates the transitional
MobilityApril 18, 2024
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Will tug-of-war between doctors, government end soon?
The Korean government on Thursday broke its silence on its medical student quota expansion plan after over a week of maintaining a low profile following the ruling party's major election defeat, stoking hopes that it could possibly end the monthslong tug-of-war with the medical circle. The government announced plans to resume Central Disaster and Safety Countermeasures Headquarters meetings involving officials from related ministries and Prime Minister Han Duck-soo, as well as to brief repo
Social AffairsApril 18, 2024
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Rolex thief claims to be have ‘too low an IQ’ to know better
Three South Korean men under trial for stealing an expensive watch have pleaded for leniency, with one of the defendants claiming to have too low an IQ to have had a clear idea of what he was getting himself into. Jeju District Court on Wednesday held a hearing on a 19-year-old man who stole a Rolex watch worth about 19 million won ($13,800) in Jeju city, along with his two accomplices, both aged 20. The suspects were caught while trying to sell the watch at a pawn shop in another part of the ci
Social AffairsApril 18, 2024
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Amazon fuels e-commerce rivalry with free shipping campaign
US e-commerce giant Amazon introduced free shipping benefits for Korean consumers as the firm strategically eyes the country's overseas direct purchase market amid the increasing competition in the e-commerce industry here. Starting Wednesday, Amazon has implemented a policy offering complimentary shipping for orders exceeding $49 worth of eligible items for delivery to South Korea, with the shipping address set within South Korea on its website. Eligible items include not only small essent
IndustryApril 18, 2024
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Man jailed for making it rain with fake money
A court recently handed down a two-year prison sentence for a South Korean man for photocopying hundreds of counterfeit banknotes and gift certificates and scattering them through the window of his apartment building. The 43-year-old suspect surnamed Jo has been found guilty on charges including counterfeiting currency, counterfeiting valuable securities and defamation by the Seoul Northern District Court. "The nature of the crime is severe, in that (the defendant) infringed upon the credib
Social AffairsApril 18, 2024
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5.1 % of Korean population registered as disabled in 2023: report
More than 2.64 million South Koreans, comprising 5.1 percent of the country's total population, were registered as disabled persons in 2023, according to annual statistics released by the Ministry of Health and Welfare on Thursday. Most of the disabled population were also aged 65 and above, making up more than half of the total, the ministry said in the report. The proportion of those with disabilities aged 65 and above has increased annually, with 41.4 percent in 2014, 49.9 percent in 202
Social AffairsApril 18, 2024
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Board to discuss possible parole of president's mother-in-law
The Ministry of Justice is set to conduct a parole review next week, with President Yoon Suk Yeol's mother-in-law expected to be included among those up for consideration, local media outlets reported Thursday. The ministry is slated to hold a monthly session of the Probation and Parole Board next Tuesday, according to reports citing legal sources. Among the inmates undergoing the review will be Choi Eun-soon, the 77-year-old mother of first lady Kim Keon Hee. Choi has been incarcerated at
Social AffairsApril 18, 2024
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[Photo News] Lotte's bid on secondary battery
Lotte Group Chairman Shin Dong-bin (second from right) inspects Lotte Energy Materials’ copper foil output in Malaysia, Wednesday. The copper foil production sites are capable of producing up to 60,000 tons of battery-grade copper foil for use in electric vehicle cells, accounting for some 75 percent of the company's total copper foil manufacturing capacity. Lotte Group has been recently increasing its investment in the overseas copper foil manufacturing facilities to boost the produc
IndustryApril 18, 2024
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Three places in Seoul to experience first flush green tea
The first flush, or the very first plucking of a tea plant’s harvest season, yields tea of the highest quality. In Korea, green tea made with the first pluckings is known as "ujeon nokcha," highly prized for its sweet, soft and subtle flavor. When the tea leaves are harvested indicates the quality of the tea, among other factors. The first pluckings of the year are of the highest quality because the nutrients stored in the plants are highly concentrated by the time spring arrives
FoodApril 18, 2024
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[팟캐스트] (576) 학령인구 절벽 영향 본격화로 교사 수 줄인다
진행자: 홍유, Elise Youn Korea to cut no. of teachers amid diminishing student numbers 기사 요약: 출생에 따른 학령인구 감소가 본격화하면서 신규교사 채용 규모가 축소된 데 이어 '예비 교사'를 길러내는 교육대학교 정원까지 줄어들게 됐다. [1] Amid administrative efforts to increase the annual enrollment quota for medical schools that sparked the mass walk-out of doctors across the country, the government said it would reduce the number of school teachers going forward, citing a decline in student numbers. *administrative: 관리(행정)상의 *enrollment: 입학; 등록 *
PodcastApril 18, 2024
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Fugitive facing W3b fraud charges extradited from Kuwait after 12 years
A South Korean man has been extradited home from Kuwait this week, 12 years after he fled to the Middle Eastern nation to avoid arrest on charges of fraud amounting to some 3 billion won ($2.17 million), officials said Thursday. The suspect, 58, was brought home through Incheon International Airport on Wednesday afternoon to face charges that he defrauded the victim after fabricating a company document ordering construction materials in May 2011, according to police. After he fled to Kuwait in S
Social AffairsApril 18, 2024
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Regulator calls for collaboration of shareholders, firms
The head of the financial regulator on Thursday stressed the need for businesses and their shareholders to work together to ensure joint development, saying the government will work to create a virtuous cycle between shareholder activities and business growth. Lee Bok-hyun, chief of the Financial Supervisory Service, noted that shareholder activism will only continue to grow, but said efforts by shareholders may end in vain unless they are sound and reasonable enough to be supported by other sha
EconomyApril 18, 2024
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[해커스 TOEIC] 토익 점수 Up 단어, Part 5 문제
2) 파트 5 3문제 1. Despite the intermittent rain, a majority of the runners participating in the annual marathon ------- to run the course until they reached the finish line. (A) continued (B) preserved (C) emerged (D) prolonged 해석 간간이 내리는 비에도 불구하고, 연례 마라톤에 참가한 다수의 주자들은 결승선에 다다를 때까지 계속해서 코스를 달렸다. 해설 동사 어휘 문제 ‘다수의 주자들은 결승선에 다다를 때까지 계속해서 코스를 달렸다’라는 문맥이 되어야 하므로 ‘계속하다, 계속되다’의 뜻을 지닌 동사의 과거형인 (A) continued가 정답이다. 참고로 (B)의 preserve는 ‘보존하다, 지키다’, (C)의 emerge는 &lsquo
English EyeApril 18, 2024
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S. Korea to build F-35 maintenance facility at Cheongju Air Base
South Korea will build its own maintenance facility for its F-35A stealth jets by 2027, a move that would enhance operational efficiency and reduce costs, the state arms procurement agency said Thursday. South Korea's Air Force operates a fleet of 39 F-35As at an air base in Cheongju, 112 kilometers south of Seoul, after one jet retired last year due to damage from a bird strike. In December, the Defense Acquisition Program Administration signed a letter of acceptance with the US government
DefenseApril 18, 2024
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Seoul shares open higher amid woes over rate cut delay
South Korean stocks started higher Thursday as investors hunted for bargains following a recent decline amid speculations over a potential delay in US interest rate cuts this year. The benchmark Korea Composite Stock Price Index gained 26.08 points, or 1.01 percent, to 2,610.26 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average fell 0.12 percent and the tech-heavy Nasdaq declined 1.15 percent. The Federal Reserve said in the Beige Book that the economy has expanded s
MarketApril 18, 2024
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Vice FM visits Mauritius to seek support for South Korea-Africa summit
First Vice Foreign Minister Kim Hong-kyun has visited Mauritius as a special envoy for an upcoming summit with African nations, his office said Thursday. Kim paid a courtesy call on Mauritian Prime Minister Pravind Kumar Jugnauth on Wednesday and discussed cooperation in the areas of infrastructure and high-level exchanges, according to the ministry. He asked for Mauritius's support and attendance at the South Korea-Africa summit, to be held on June 4-5 in Seoul, saying the meeting will ser
Foreign AffairsApril 18, 2024