Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Korea enters full election mode
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Official campaigning kicks off for April 10 elections
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Dialogue hopes fade as doctors pick hard-liner as new head
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
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Immigrant woman stabbed to death by Korean husband
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[Herald Interview] Son Suk-ku chooses to be swayed by others in navigating life
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Seoul’s bus union prepares for strike
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Silvio Berlusconi, scandal-scarred ex-Italian leader, dies at 86, according to his TV network
MILAN — Silvio Berlusconi, the boastful billionaire media mogul who was Italy's longest-serving premier despite scandals over his sex-fueled parties and allegations of corruption, died Monday, according to his television network. He was 86. Mediaset announced his death with a smiling photo of the man on its homepage and the headline: “Berlusconi is dead.” Berlusconi was admitted to the San Raffaele Hospital in Milan on Friday, his second recent hospitalization for treatm
World NewsJune 12, 2023
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[Graphic News] Elon Musk again world’s richest man
Tesla CEO Elon Musk has reclaimed the title of the world’s wealthiest person, surpassing LVMH Chairman and CEO Bernard Arnault. Musk and the luxury tycoon have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index, a listing of the world’s 500 richest people. LVMH shares have tumbled about 10 percent since April, at one point wiping $11 billion from Arnault’s net worth in a single day. Musk’s rise in the position was due to the shares of Tesla
World BusinessJune 12, 2023
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4 kids found alive after 40 days in Amazon
BOGOTA, Colombia -- Four Indigenous children survived an Amazon plane crash that killed three adults and then braved the jungle for 40 days before being found alive by Colombian soldiers, bringing a happy ending to a search-and-rescue saga that captivated a nation but also prompted questions about their extraordinary survival. Officials in the South American country announced their rescue Friday, following days of highs and lows as searchers frantically combed through the rainforest hunting for
World NewsJune 11, 2023
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Man City beats Inter Milan 1-0 to win first Champions League title and complete 3-trophy sweep
ISTANBUL — Manchester City won the Champions League title for the first time by beating Inter Milan 1-0 in Istanbul’s Ataturk Olimpiyat Stadium on Saturday. Rodri struck in the 68th minute to see the Premier League champions and FA Cup winners complete a treble of trophies this season. "Today we made history," City captain Ilkay Gundogan said. "We knew everyone was talking about the treble. The pressure was there but this team is built to handle the pressure in the b
SoccerJune 11, 2023
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Trump blasts federal indictment as 'baseless' at first events since charges were unsealed
GREENSBORO -- Former President Donald Trump blasted his historic federal indictment as "ridiculous" and "baseless" Saturday during his first public appearances since the charges were unsealed, painting the 37 felony counts as an attack on his supporters as he tried to turn dire legal peril to political advantage and project a sense of normalcy. Speaking at Republican state conventions in Georgia and North Carolina, Trump cast his indictment by the Department of Justice as a
World NewsJune 11, 2023
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Trump indicted: What to know about the documents case and what's next
Donald Trump's indictment on charges of mishandling classified documents at his Florida estate has brought renewed attention to one of the most notable cases in Justice Department history. The federal charges represent the biggest legal jeopardy so far for Trump, coming less than three months after he was charged in New York with 34 felony counts of falsifying business records. Here's a look at the charges, the special counsel's investigation and how Trump's case differs from
World NewsJune 9, 2023
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Former Wall Street exec named head of Turkey central bank
ISTANBUL (AFP) -- Turkish President Recep Tayyip Erdogan appointed former Wall Street executive Hafize Gaye Erkan as central bank governor on Friday, signalling a possible shift from his unconventional policies to fight soaring inflation. Erkan -- a former chief executive of US real estate finance firm Greystone, co-CEO of First Republic Bank and managing director at Goldman Sachs -- will be the first woman to head the central bank. She takes over from Sahap Kavcioglu, who lowered rates even tho
World BusinessJune 9, 2023
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[Graphic News] World’s major train collisions from 2013
At least 275 people were killed and hundreds more injured in a train collision in the city of Balasore, India, Friday. After two passenger trains collided, one struck a stationary freight train at full speed and derailed itself. This particular train crash is one of the worst train crashes in India in 20 years. According to India’s railways minister, the derailment was caused by an error in the train signaling system. Other deadly train collisions since 2013 include a crash in the Indian s
World NewsJune 6, 2023
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Indonesia kicks off multilateral naval exercise amid Asia-Pacific tension
Indonesia on Monday launched a multilateral naval exercise in its waters, alongside navies from countries including the United States, Britain, China, Japan, Russia and South Korea, amid simmering tensions in the Asia-Pacific region. Indonesia's navy said in a statement the routine Komodo drills were a "non-war" exercise that aims to "strengthen relationships between the navies" of 36 countries. The drills come as China and the United States ramp up military diplomacy in
World NewsJune 5, 2023
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UBS to retain more than 100 Credit Suisse bankers in Asia: source
UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia as part of a plan to shore up talent in markets where its rival has a stronger presence, a source with direct knowledge of the matter said. Switzerland's biggest bank is in advanced discussions to keep dozens of Credit Suisse's senior dealmakers in countries including South Korea, Thailand, Vietnam and India following its planned takeover, the source told Reuters on Monday, requesting
World BusinessJune 5, 2023
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Montenegrin court upholds decision to grant bail to Terraform co-founder
A Montenegrin court has once again granted bail to Do Kwon, co-founder of cryptocurrency firm Terraform Labs accused of fraud in South Korea and the United States, dismissing an appeal by local prosecutors to revoke the decision. The district court in Podgorica, Montenegro, announced in a notice released Friday that it has agreed to grant bail to Kwon and his aide, known only by the surname Han, on condition they each pay 400,000 euros ($428,241) in bail money and are placed in confinement under
World NewsJune 4, 2023
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China says it opposes US defense chief's comments on engagement
SINGAPORE (Reuters) -- China strongly opposes the United States defense chief's comments at the Shangri-La Dialogue that Beijing was unwilling to engage on military crisis management, a senior People's Liberation Army official said on Saturday. Lieutenant General Jing Jianfeng also said Beijing reiterates its indisputable sovereignty over islands in the South China Sea and adjacent waters. US Defense Secretary Lloyd Austin had earlier told the conference in Singapore he was deeply conc
World NewsJune 3, 2023
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Erdogan to be sworn in for third term as Turkish president
ANKARA (AFP) -- President Recep Tayyip Erdogan is set to be sworn in on Saturday as head of state after winning a historic runoff election to extend his two-decade rule for another five years as Turkey's economic woes worsen. The inauguration in parliament will be followed by a lavish ceremony at his palace in the capital Ankara attended by dozens of world leaders. Turkey's transformative but divisive leader won the May 28 runoff against a powerful opposition coalition, and despite an
World NewsJune 3, 2023
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More than 280 dead, hundreds hurt in India horror rail crash
India -- At least 288 people were killed and more than 850 injured in a horrific three-train collision in India, officials said Saturday, the country's deadliest rail accident in more than 20 years. Images from the crash site showed smashed train compartments torn open with blood-stained holes near Balasore, in the eastern state of Odisha. Carriages had flipped over entirely in the crash late on Friday and rescue workers searched for survivors trapped in the mangled wreckage, with scores of
World NewsJune 3, 2023
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[Graphic News] N. Korea has world’s highest rates of modern slavery
According to the 2023 Global Slavery Index, modern slavery is present in every country, regardless of its wealth status. The index, published by the human rights charity Walk Free, has indicated that in 2021, around 50 million people were living in situations of modern slavery, with approximately 27.6 million of those people being in forced labor and 22 million in forced marriages. The index indicated that the countries estimated to have the highest modern slavery rates tend to be “conflic
World NewsMay 31, 2023
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Money makes the world go round – and development succeed
By Jeffrey Sachs The key to economic development and ending poverty is investment. Nations achieve prosperity by investing in four priorities. Most important is investing in people, through quality education and health care. The next is infrastructure, such as electricity, safe water, digital networks and public transport. The third is natural capital, protecting nature. The fourth is business investment. The key is finance: mobilizing the funds to invest at the scale and speed required. In pr
World NewsMay 30, 2023
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[Graphic News] Amnesty reports highest number of executions in 5 years
Recorded executions worldwide reached 883 last year, the highest since 2017, according to an Amnesty International report that decried the Middle East and North Africa in particular. The 2022 figure for 20 countries known to have executed people is a 53 percent increase on the previous 12 months, the global rights monitor said. It excludes the “thousands” of prisoners put to death secretively in China, but does count the “staggering” 81 people executed in a single day in
World NewsMay 30, 2023
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[Graphic News] AI threatens humanity’s future, 61% of Americans say: poll
The swift growth of artificial intelligence technology could put the future of humanity at risk, according to most Americans surveyed in a Reuters/Ipsos poll. More than two-thirds of Americans are concerned about the negative effects of AI and 61 percent believe it could threaten civilization. Since OpenAI's ChatGPT chatbot became the fastest growing application of all time, the widespread integration of AI into everyday life has catapulted AI to the forefront of public discourse. ChatGPT h
World NewsMay 25, 2023
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[Graphic News] Press freedom in South Korea worsened from last year
South Korea ranked 47th in the 2023 World Press Freedom Index, the Paris-based Reporters Without Borders (RSF) announced, falling by four places from last year. The index, based on an evaluation of the journalism environment in 180 countries and territories, is divided into four categories; “good,” “satisfactory,” “very serious,” “difficult,” and “problematic.” Korea was remarked as “satisfactory.” South Korea appreciates me
World NewsMay 23, 2023
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Rights groups urge World Expo organizers to rethink Riyadh bid
A dozen human rights advocacy groups led by the Switzerland-based MENA Rights Group have in an open letter called on World Expo organizers not to consider Riyadh as a potential host for the World Expo 2030. In the letter dated May 16, the groups cited concerns that the event could be used to "whitewash" the country's human rights record, which includes the continued use of the death penalty, crushing of human rights activism, silencing of women’s rights advocates and targeti
World NewsMay 22, 2023