Most Popular
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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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[Graphic News] 77% of young Koreans still financially dependent
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
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Korea’s homegrown nanosatellite successfully launches into space
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Aging population to drive down Korea's housing prices from 2040: experts
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Main opposition seeks to railroad more pending bills ahead of new parliament
The main opposition said Friday it was looking to railroad more contentious bills before the new parliament members are sworn in, a day after it passed an amended version of the revision to the Grain Management Act that was vetoed by President Yoon Suk Yeol last year. Democratic Party of Korea leader Lee Jae-myung emphasized the urgency of passing key bills, including an amendment to the law that strengthens protection for victims of real estate fraud, before the current assembly term concludes
PoliticsApril 19, 2024
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Seoul shares dip over 1.5% on escalating Israel-Iran tensions; won sharply down
South Korean stocks plummeted by more than 1.5 percent on Friday as investors shed risky assets on escalating tensions in the Middle East. The Korean won fell sharply against the US dollar. The benchmark Korea Composite Stock Price Index dropped 42.84 points, or 1.63 percent, to close at 2,591.86, trimming some of the losses after falling more than 3 percent during the session. Trade volume was high at 799 million shares worth 13.85 trillion won (US$10 billion), with losers outpacing gainers 629
MarketApril 19, 2024
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‘Goodbye Earth’ director never doubted revealing the series despite Yoo’s drug scandal
The director of the Netflix series “Goodbye Earth,” which was put in the middle of controversy ahead of its release after actor Yoo Ah-in was indicted on drug charges in October, said he never doubted the series would make it to screens. “Although there was a significant amount of time for waiting, I never doubted that this series would not be revealed. It was fate to come out to the world and meet the audience,” director Kim Jin-min told reporters during a press conferen
FilmApril 19, 2024
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Bae Doo-na shares portraying Korean identity in Hollywood's 'Rebel Moon'
Actor Bae Doo-na, who stars as sword master Nemesis in Netflix original “Rebel Moon -- Part Two: The Scargiver,” said she suggested costume and makeup ideas for this mega-scale Hollywood project. Director Zack Snyder, who has also helmed “Justice League” and “300,” has stressed several times before that Bae’s character, Nemesis, is rooted in Korean identity. “In the original script, Nemesis didn’t wear anything particularly Korean, such as a
FilmApril 19, 2024
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S-Oil donates W560m to support firefighters
S-Oil, one of major refineries in South Korea, made a donation of 560 million won ($405,000) to the Korea National Council On Social Welfare to support its ongoing program assisting firefighters and their families, the company said on Friday. According to the refinery company, the KNCSW, a charity organization under the Ministry of Health and Welfare, will allocate the fund to the Heroic Firefighter Protection program. This program covers the medical expenses of injured firefighters, provides sc
CompaniesApril 19, 2024
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Only 1 in 4 assembly election winners made climate policy pledges: report
Only 25 percent of 254 directly elected National Assembly representatives during the April 10 general election made climate-related policy pledges, according to a report issued by a coalition of 16 non-profit environmental organizations, including Local Energy Lab, on Thursday. Out of the 63 elected representatives who have presented climate policies, 53 belong to the liberal main opposition Democratic Party of Korea and 10 belong to the conservative ruling People Power Party. Additionally, one
Social AffairsApril 19, 2024
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S. Korea pledges W23tr venture capital fund for green investment at G20 meeting
South Korean Finance Minister Choi Sang-mok unveiled the country's plan to bolster green investment in the private sector by establishing a venture capital fund worth 23 trillion won ($16.6 billion), the ministry said Friday. Emphasizing the importance of leveraging private capital for climate financing, Choi made the announcement during the Group of 20 finance leaders' meeting held in Washington on Wednesday and Thursday, the ministry said. During a session on sustainable finance, Cho
EconomyApril 19, 2024
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Korean Muslim YouTuber's plan to build mosque already in trouble
South Korean Muslim YouTuber Daud Kim, who announced his plan to build a mosque on land he purchased in Incheon, faces myriad challenges, including a request to terminate the land contract, difficulties in obtaining permission due to road conditions, and resistance from the local neighborhood. Kim, a content creator in his 30s with more than 5.52 million YouTube subscribers, uploaded a post on his Instagram on April 11 announcing his plans to build a mosque, a Muslim place of worship, on land th
Social AffairsApril 19, 2024
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LG CNS teams up with Yonsei University to nurture AI specialists
South Korean IT solutions provider LG CNS announced Friday that it has partnered with Yonsei University to establish a new Master's degree program dedicated to nurturing intelligent data and optimization specialists. During the signing ceremony on Thursday, LG CNS Chief Executive Officer Hyun Shin-gyoon and Yonsei University President Yoon Dong-sup agreed on creating the Department of Intelligent Data and Optimization at Yonsei University. “We will focus on nurturing DX specialists wh
TechnologyApril 19, 2024
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Polestar 4 to make Korean debut in June
Swedish electric vehicle maker Polestar will launch the Polestar 4, an all-electric coupe-style sports utility vehicle, in June, the carmaker’s Korean office said Friday. “The Polestar 4 is an all-around premium EV that has an outstanding commercial value in many aspects ranging from design, performance, sustainability, safety, spaciousness and (advanced driver assistance system),” said Ham Jong-sung, managing director of Polestar Korea. “We are working on various prepara
MobilityApril 19, 2024
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[Photo News] Kia's display designs for NBA fans
Kia has unveiled 30 new vehicle display themes on Friday based on the logos and colors of 30 NBA teams to tailor to basketball enthusiasts, ahead of the NBA playoffs starting this weekend. The Korean carmaker said it first introduced over-the-air updates for EV9 display themes in the US on April 9, and will expand the service to Korea in the latter half of this year for vehicles equipped with its connected car navigation cockpits and OTA capabilities. (Kia)
MobilityApril 19, 2024
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S. Korea votes in favor of Palestinian bid for UN membership
South Korea on Thursday voted in favor of a UN Security Council draft resolution aimed at facilitating full United Nations membership for Palestine, reaffirming its endorsement of the two-state solution to the Israeli-Palestinian conflict. However, South Korea clarified during a meeting of the UN Security Council that its vote did not amount to recognition of Palestine as an independent state. A total of 12 out of 15 Security Council members, including South Korea and Japan, voted for the draft
Foreign AffairsApril 19, 2024
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Sungsimdang outperforms bakery giants to log sales over W100b
Sungsimdang, a local bakery brand based in Daejeon, outperformed the country's top bakery franchise giants, Paris Baguette and Tous les Jours, logging record sales last year, a regulatory filing showed Friday. Rosso, Sungsimdang's holding company, said the bakery recorded sales figure of 124.3 billion won ($89.7 million) in 2023, a 52.1 percent increase from the previous year’s 81.7 billion won. It is the first time a local bakery has achieved more than 100 billion won in sales w
CompaniesApril 19, 2024
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SK hynix joins with TSMC to produce High Bandwidth Memory 4
SK hynix is joining hands with TSMC, the world’s top foundry, to develop High Bandwidth Memory 4 and cutting-edge packaging technology, the company said on Friday. Under the partnership agreement, the two sides plan to proceed with the development of HBM4, the sixth-generation model of the advanced memory chip, and enhance logic and HBM integration through advanced packaging technology, SK hynix said. "We expect a strong partnership with TSMC to help accelerate our efforts for open co
IndustryApril 19, 2024
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Medical schools granted enrollment quota flexibility for next year
Taking a step back from pushing its medical reform plan, the Korean government said on Friday that it would allow medical schools with additional spots to adjust the number of new medical students freely in an attempt to break the standoff with the medical circle. Prime Minister Han Duck-soo said during Friday’s press briefing that 32 colleges subject to the increase will be allowed to freely adjust the number of new medical students within a 50 to 100 percent range of the enrollment quota
Social AffairsApril 19, 2024
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First Filipino domestic helpers to arrive this summer: ministry
The South Korean government on Friday announced its plans to bring in 100 Filipino household helpers in July and deploy them as early as August. The Ministry of Employment and Labor said that discussions with the Philippine side on the plan for a pilot program for Filipino domestic workers have been completed. The Philippine government plans to post a job opening for 100 Filipino domestic workers willing to work in Seoul within this month. As Filipino workers are mandated to undergo initial and
Social AffairsApril 19, 2024
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Yoon's approval rating plunges to all-time low
President Yoon Suk Yeol's approval rating was at 23 percent to mark the lowest figure since he took office, a poll showed Friday, as the ruling party struggled to recover from its crushing defeat in the general elections held last week. The Gallup Korea poll, conducted on April 16-18 on 1,000 adults across the country, showed that positive assessment of Yoon's performance dropped 11 percentage points from the previous survey, which was taken at March 26-28 before the parliamentary election. The
PoliticsApril 19, 2024
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N. Korea, Belarus agree to strengthen cooperation, high-level contacts
The vice foreign ministers of North Korea and Belarus, both key allies to Russia, agreed Thursday to strengthen high-level contacts and cooperation across various sectors, encompassing the economy and cultures, as well as on global affairs, North Korean state media reported on Friday. The bilateral talks in Pyongyang between North Korean Vice Foreign Minister Im Chon-il and his Belarusian counterpart took place amid closer alignment with Russia and their provision of support in its war against U
North KoreaApril 19, 2024
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Jay Park to release new single album ‘Jay Park Season 1’
Singer Jay Park is set to release a new single, “Jay Park Season 1,” on April 25, according to More Vision. He announced his comeback by posting a teaser image of the upcoming album on his social media Thursday. The single will be led by the track “Your/My” and carry one B-side, “Like I do.” This is the first among several releases Jay Park plans for this year. “In the past few years, I’ve been occupied with exploring my entrepreneurial side and fo
K-popApril 19, 2024
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
Iran fired air defense batteries early Friday morning after reports of explosions near the city of Isfahan, the state-run IRNA news agency reported. It remained unclear if the country was under attack. However, tensions remain high in the wider Middle East after Iran’s unprecedented missile-and-drone attack on Israel. One government official suggested sites may have been targeted by drones. The Israeli military did not immediately respond to a request for comment. IRNA said the defenses fi
World NewsApril 19, 2024