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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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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Over 9,000 hotline calls made by stalking victims in 2023
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Monthly users on local streaming platforms outpace Netflix, Disney+
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Seoul to promote luxurious side of the city
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[Photo News] Winter Youth Olympics concludes with celebration of athletic feats
The fourth Winter Youth Olympics concluded in eastern South Korea on Thursday with a celebration of the feats accomplished by teenage athletes over the past two weeks. The closing ceremony began at 8 p.m. Thursday under the theme, "Shine Again" at the open plaza in front of Gangneung Hockey Centre in Gangneung. A highlight video of the 14-day competition was shown on the main screen, and rapper Lee Young-ji and dancing group 1Million performed for the athletes and spectators. The two-w
CultureFeb. 2, 2024
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[Photo News] Digital transformation in finance
Shinhan Financial Group Chairman Jin Ok-dong (center) attends a discussion session with employees to talk about the group’s efforts for digital transformation at the headquarters in central Seoul on Wednesday. Top executives and working-level engineers specialized in artificial intelligence and data analysis joined the event to share the latest digital trends in the financial market and Shinhan’s future strategy. “Each of you should become a ‘business designer’ to
EconomyFeb. 1, 2024
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[Photo News] Cry for compensation
Petitions submitted by investors reeling from losses due to Hong Kong-tied derivatives are laid out at the National Assembly in Seoul on Tuesday. A group of investors held a protest, calling for compensation for their losses and accusing banks of misleading them. The principal losses from the financial product are estimated to reach 6 trillion won ($4.5 billion) in the first half of this year. (Yonhap)
MarketJan. 30, 2024
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[Photo News] Coal for heat
Shinhan Financial Group Chairman Jin Ok-dong (center) and other company officials deliver coal briquettes to low-income households in Seodaemun-gu, northern Seoul, Thursday. The financial giant raised donations of 200 million won ($150,000), with some 150 million won coming from employees. The fund will be used to provide heat supplies through a local charity. (Shinhan Financial Group)
IndustryJan. 28, 2024
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[Photo News] Record preorders
Customers line up to activate their preordered Galaxy S24 smartphones at Samsung Electronics’ flagship store in southern Seoul on Friday. The latest smartphone scored record preorders in Korea, selling more than 1.21 million units during the preorder period from Jan. 19-25. On Sunday, Samsung said it is extending the preactivation period to Feb. 8, due to an influx of customers. (Samsung Electronics)
TechnologyJan. 28, 2024
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[Photo News] Hyundai-SK partnership
SK Enmove CEO Kim Wone-kee (left) and Hyundai Motor Company President Yang Hee-won attend a partnership signing ceremony for the development of next-generation vehicle refrigerants at the SK Building in central Seoul on Thursday. The two companies agreed to develop refrigerants for electric vehicles and enhance readiness for tighter emissions rules in key markets. (SK Innovation)
IndustryJan. 25, 2024
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[Photo News] S-Oil sharing
S-Oil CEO Anwar A. Al-Hejazi (left) poses for a photo with Kim Byong-joon, chairman of Community Chest of Korea, to deliver a donation of 3 billion won ($2.24 million) to the charity at CCK’s headquarters in Seoul on Wednesday. The donation will be used to help underprivileged households and social workers, especially in the southeastern industrial city of Ulsan where the refiner aims to build the nation’s largest petrochemicals plant by 2026. S-Oil has joined CCK’s sharing cam
IndustryJan. 25, 2024
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[Photo News] US Congress Rep gets Korean name
Korea International Trade Association Chairman Koo Ja-yeol (right), who doubles as LS Group's chairman, shakes hands with Joe Wilson, the US representative for South Carolina, after their meeting on ways to boost economic cooperation in supply chains between the two countries at the Trade Tower in Seoul, Wednesday. During the meeting, Koo gifted Rep. Wilson a name card engraved with the Korean name Cho Il-seon, which sounds similar to his English name and has the meaning of the "front
IndustryJan. 25, 2024
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[Photo News] Seollal inflation
Piles of apples are displayed at a large supermarket chain store in Seoul on Wednesday. Ahead of the Lunar New Year’s holiday season next month, grocery prices have soared more than 20 percent compared to a year ago, according to price tracker Korea Price Information on Wednesday. The average price of three apples at a traditional market was 15,000 won ($11.20), a 42.86 percent surge from the same period last year. (Yonhap)
IndustryJan. 25, 2024
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[Photo News] First Samsung experience store in India
Samsung Electronics said Wednesday that its flagship brand experience store, dubbed “Samsung BKC,” has opened at Jio World Plaza Mall in Mumbai, India. The 732-square-meter site is the first of its kind in India where visitors can experience and purchase Samsung’s latest devices. Samsung said preorders for the new Galaxy S24 series exceeded 250,000 units in three days in India -- a record for the flagship smartphone there. (Samsung Electronics)
IndustryJan. 24, 2024
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[Photo News] For mutual growth
KB Kookmin Bank CEO Lee Jae-keun (right) and Korea Securities Finance Corporation CEO Yoon Chang-ho pose for a photo at the bank's headquarters in Yeouido, Seoul on Monday after signing an agreement to seek mutual growth with small and medium-sized enterprises. Under the agreement, KB Kookmin Bank will provide both financial and non-financial support to the SMEs, including reductions of loan interests and business consulting. (KB Kookmin Bank)
IndustryJan. 23, 2024
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[Photo News] Citi-Kyung Hee sharing day
Citibank Korea CEO Yoo Myung-soon (11th from left, second row) and employees pose with some 65 students joining the 18th Citi-Kyung Hee University NGO Internship in Seoul on Friday. Since the internship’s launch in 2006, Citibank employees and student interns together have taken part in diverse activities to give back to society. This year, they made art supply kits consisting of brushes, paint and recycled canvases made from waste paper and cardboard to be used for art classes at local ch
IndustryJan. 22, 2024
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[Photo News] Taebaeksan Mountain Snow Festival sculptures
Celebrating the Year of the Dragon, known as the “gapjin” year in the 60-year sexagenary cycle, the upcoming Taebaeksan Mountain Snow Festival presents a stunning, dragon-themed snow sculpture. As a popular motif in Korean art and myth, dragons symbolize power and are considered to be sacred gods that prevent misfortune and disaster. Snow sculptures aside, the Taebaeksan Mountain Snow Festival features exciting works of art from snow carving contests for university students, an igloo
TravelJan. 19, 2024
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[Photo News] More cheddar for milk
A shopper browses the milk at a supermarket in Seoul on Thursday. According to Statistics Korea, milk prices saw a 9.9 percent jump in 2023, the steepest surge in 14 years since the global financial crisis in 2009. The upward trend in milk prices also led to price hikes in other dairy products, including yogurt (12.5 percent) and cheese (19.5 percent). (Yonhap)
IndustryJan. 18, 2024
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[Photo News] Honoring legacy of Lotte founder
Lotte Group Chairman Shin Dong-bin pays tribute to the group's late founder and honorary Chairman Shin Kyuk-ho, during a memorial service held at the retail giant's headquarters in southern Seoul on Thursday. The self-made entrepreneur passed away at the age of 97 on Jan. 19, 2020. (Lotte Group)
IndustryJan. 18, 2024
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[Photo News] Top auto exporter
General Motors Korea’s Chevrolet Trailblazer, the carmaker’s popular compact sport utility vehicle, claimed the top spot on the list of the most exported cars of 2023, selling 214,048 units in overseas markets, according to the Korea Automobile Manufacturers Association on Thursday. Other top exporters included the Hyundai Kona SUV (212,489 units), the Hyundai Avante compact (206,371 units) and the Chevrolet Trax (181,950 units). (GM Korea)
MobilityJan. 18, 2024
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[Photo News] 7th Apple store in Korea
Apple Korea on Thursday said that Apple Hongdae, the iPhone maker's seventh retail store in Korea and 100th store globally, will start operation at 10 a.m. on Saturday. Located near the bustling Hongdae subway station in western Seoul, the new store will have some 100 staff to assist customers as they explore the latest Apple products in multiple languages, including Korean, English, Chinese and Japanese.
TechnologyJan. 18, 2024
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[Photo News] Tackling low birth rate
KEB Hana Bank CEO Lee Seung-lyul (right) and Financial Supervisory Service Governor Lee Bok-hyun pose for a photo after the lender was named an Excellent Institution for Promotion of Coexistence and Cooperation in 2023 by the financial regulator on Wednesday. The award was given in recognition of the bank's efforts to help resolve the country's low fertility rate by launching a savings product that provides preferential interest rates for parents and pregnant women. (KEB Hana Bank)
MarketJan. 17, 2024
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[Photo News] Maritime heroes
S-Oil CEO Anwar A. Al-Hejazi (fifth from right, second row) and maritime officers of the Korea Coast Guard during a ceremony honoring their heroic actions at a Seoul hotel on Wednesday. Eight maritime officers will be recognized this year and offered a combined 90 million won ($67,000) in cash prizes. (S-Oil)
IndustryJan. 17, 2024
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[Photo News] Hyundai, Kia sweep 9 design awards
Hyundai Motor Group said Wednesday that it has won nine Good Design awards this year. Eight cars, including Hyundai’s N Vision 74 sports car, Kia’s EV9 and the Genesis X Convertible, won transportation awards, while Kia’s next-generation infotainment system, called Ki, won an interactive media award. The N Vision 74, inspired by the Pony Coupe Concept, the nation’s first sports car unveiled in 1974, has won all four major design awards, including from iF, the Industrial D
MobilityJan. 17, 2024