Most Popular
-
1
Contentious grain bill put directly to plenary meeting for vote
-
2
Yoon's approval rating plunges to all-time low
-
3
Will tug-of-war between doctors, government end soon?
-
4
Climate impacts set to cut 2050 global GDP by nearly a fifth
-
5
Trilateral talks acknowledge ‘serious’ slumps of won, yen
-
6
[Graphic News] More Koreans say they plan long-distance trips this year
-
7
[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
-
8
North Korea removes streetlights along cross-border roads with South
-
9
Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
-
10
Farming households dip below 1m for first time in 2023
-
[Eric Posner] The future of work in the AI era
Recent discussions about the implications of artificial intelligence for employment have veered between the poles of apocalypse and utopia. Under the apocalyptic scenario, AI will displace a large share of all jobs, vastly exacerbating inequality as a small capital-owning class acquires productive surpluses previously shared with human laborers. The utopian scenario, curiously, is the same, except that the very rich will be forced to share their winnings with everyone else through a universal ba
ViewpointsApril 15, 2024
-
[Editorial] Post-election challenges
The April 10 general elections delivered a crushing defeat to the ruling People Power Party, which took home just 108 seats in the 300-member National Assembly in South Korea. The result signals that President Yoon Suk Yeol will be under strong pressure to seek cooperation with the main opposition Democratic Party of Korea to push ahead with his key policy initiatives and grapple with the growing uncertainties on the economic front. Unfortunately, Yoon is unlikely to ditch his notoriously unilat
EditorialApril 15, 2024
-
US aircraft carrier joins 3-way naval drill with Korea, Japan
ABOARD THE USS THEODORE ROOSEVELT -- The South Korean and US navies and the Japanese self-defense maritime force held a trilateral exercise in the high seas south of Jeju Island Thursday and Friday, in a combined effort to counter underwater as well as nuclear and missile threats by North Korea. According to South Korea’s Navy, six warships from the three countries participated in the exercise -- including the Aegis destroyer Seoae Ryu Sung-ryong of South Korea; the nuclear-powered aircraf
DefenseApril 14, 2024
-
S. Korea ups guard against economic impact from Middle East conflict
The South Korean government on Sunday announced heightened vigilance against potential domestic repercussions in light of the escalated tensions in the Middle East following Iran's attack on Israel. President Yoon Suk Yeol convened an emergency meeting with cabinet members and relevant government agencies to discuss strategies to respond to the the ongoing conflict between Iran and Israel. The meeting followed Iran's launch of drones and missiles into Israel early Sunday, apparently in
EconomyApril 14, 2024
-
S. Korea 'strongly condemns' Iran's attack on Israel
The South Korean government issued a statement Sunday denouncing Iran's direct drone and missile attack on Israeli territory late Saturday, urging all involved parties to exercise restraint. "The government strongly condemns Iran's massive attack on Israel that took place on April 13 local time," read the statement issued under the name of a spokesperson of the Foreign Ministry in Seoul. "The government is closely monitoring the situation with grave concerns and urges al
Foreign AffairsApril 14, 2024
-
World reactions to Iran strikes on Israel
Countries around the world condemned Iran's strikes on Israel late Saturday, warning the attack threatened to further destabilise the Middle East. Here are some of the main reactions so far: US - US President Joe Biden promised "ironclad" support for Israel after holding an urgent meeting with top security officials. "I just met with my national security team for an update on Iran's attacks against Israel. Our commitment to Israel's security against threats from Iran and its
World NewsApril 14, 2024
-
[Hello India] Venturing into India's regulatory landscape
The Indian government ostensibly fosters foreign investment to fuel economic expansion, yet, stringent and unclear regulations often result in mixed signals for foreign investors, observed Brian K. Oh, a senior lawyer at major Korean law firm Jipyong. "While the Indian government encourages foreign participation, particularly to strengthen the domestic manufacturing industry, strict compliance, especially in the tax system, poses significant obstacles," Oh said in a recent interview wi
IndustryApril 14, 2024
-
Korean steel companies' earnings expected to dip in Q1
Earnings of Korean steel companies in the first quarter are expected to fall due to increased prices of raw materials and the sluggish construction market, according to reports from local securities companies, Sunday. Analysts had a bleak outlook for Posco, the country's steel giant, expecting that both sales and operating profit will drop from the previous year, when its sales and operating profit came to 15.5 trillion won ($11.2 billion) and 338 billion won, respectively. Due to the decre
IndustryApril 14, 2024
-
Israel says Iran launched more than 300 drones and missiles, 99% of which were intercepted
Booms and air raid sirens sounded across Israel early Sunday after Iran launched hundreds of drones, ballistic missiles and cruise missiles in an unprecedented revenge mission that pushed the Middle East closer to a regionwide war. A military spokesman said the launches numbered more than 300 but 99% of them were intercepted. Calling the outcome “a very significant strategic success,” Rear Adm. Daniel Hagari said Iran fired 170 drones, more than 30 cruise missiles and more than 120 b
World NewsApril 14, 2024
-
Opposition victory upends ruling party's plans
The South Korean opposition's landslide victory in the latest parliamentary elections is likely to upend the conservative ruling party's push for key proposals and initiatives, observers said Sunday. One of the ideas that the ruling People Power Party had vowed to pursue, administratively merging Gyeonggi Province's Gimpo city into Seoul, otherwise known as the so-called “Megacity Seoul" project, could be scrapped, an expert said. “Discussion on the Megacity proje
PoliticsApril 14, 2024
-
Taking risk or targeting global fans? Netflix pushes ahead with 'Goodbye Earth' release
With Netflix set to release its original dystopian drama series “Goodbye Earth” on April 26, media and viewers are curious how frequently Yoo Ah-in, the lead actor, will be seen in the 12-part series. Some argue that it is too early to see him on-screen as the 37-year-old actor is set to appear in a fourth court hearing over charges of illegal drug use on Tuesday. In a trailer for “Goodbye Earth” released on Friday, Yoo is clearly omitted in the 2-minute video, which tell
TelevisionApril 14, 2024
-
N. Korea elevates high-level exchanges with China, Russia
North Korea has been intensifying high-level diplomatic exchanges with China and Russia, as evidenced by the visit of China's third-highest-ranking official to Pyongyang and the dispatch of ministers to Russia this week. China's No. 3 official, Zhao Leji, who arrived in Pyongyang on Thursday for a three-day visit to the neighboring country, met for a luncheon with North Korean leader Kim Jong-un on Saturday, North Korea's state-run Korean Central News Agency reported on Sunday. Th
North KoreaApril 14, 2024
-
Coupang shares hit 18-month high on membership fee hike
The stock price of New York-listed e-commerce giant Coupang surpassed $20 a share on Friday for the first time in 18 months, following the company's announcement it would raise membership fees by nearly 60 percent. Coupang's stock price closed trading at $21.25 on Friday, marking an 11.49 percent increase from the previous day's closing price of $19.06. Its market capitalization recorded $38.1 billion. The surge in the stock price coincided with the company's announcement ear
CompaniesApril 14, 2024
-
Why don’t trainee doctors, medical professors see eye to eye?
An obstacle lies between the medical circle moving towards talks with the government with a unified proposal, after the head of the junior doctors’ group shed light on the hierarchical dynamics between medical professors and trainee doctors in hospitals. The disclosure shed light on the friction among doctors, the Korean Medical Association’s emergency committee and the KMA's newly-elected president, as they each hold different opinions on how to respond to the government’
Social AffairsApril 14, 2024
-
Prosecutors increase rewards for reporting drug crimes to W100m
Prosecutors will raise rewards up to 100 million won ($72,200) for reporting drug crimes and assisting in apprehending offenders, according to the Supreme Prosecutors’ Office on Sunday. The significant increase, rising from the previous range of 1 million to 50 million, was announced in response to the recent surge in drug crimes with the aim to block and prevent further criminal activities. According to the Prosecutors' Office, the compensation given may be higher than 100 million wo
Social AffairsApril 14, 2024
-
Ateez incorporates traditional Korean elements into Coachella performance
On Friday, Ateez performed on the Sahara stage of the Coachella Valley Music Festival, becoming the first-ever K-pop boy group to perform at the annual festival held in southern California. The performance was livestreamed on YouTube. “We are touched by how you are enjoying our stage and singing along to our music. Thank you for coming to see us,” Ateez said during the performance. Ateez performed a medley of hit singles, including “Say My Name,” “Hala Hala” a
K-popApril 14, 2024
-
Seoul public schools to honor victims of 2014 Sewol ferry disaster
Public elementary, middle and high schools in Seoul will voluntarily observe "Educational Community Safety Week" in memory of the victims of the 2014 Sewol ferry disaster, marking a decade since the tragic event, according to the Seoul Metropolitan Office of Education on Sunday. The Seoul Education Office will distribute educational materials related to the Sewol ferry tragedy to all public schools in the city during this year’s “National Safety Day” week from April 1
Social AffairsApril 14, 2024
-
HD Hyundai to develop uncrewed surface vessel by 2026
HD Hyundai has teamed up with Palantir Technologies, a US software company, to develop uncrewed surface vessels by 2026, the Korean shipbuilding conglomerate said Sunday. Officials from HD Hyundai and Palantir signed a memorandum of understanding at the US side’s office in Washington, DC, on Thursday. The two sides plan to develop reconnaissance USVs by 2026 and expand their portfolio to combat USVs later on. In doing so, Avikus, an autonomous navigation solutions developer that was launch
IndustryApril 14, 2024
-
Buddhist Lantern Festival gets younger
Outreach to the young will be the focus of this year’s Buddhist Lantern Festival in Seoul, which starts Wednesday in the run-up to Buddha’s Birthday on May 15. The Jogye Order of Korean Buddhism, the organizer of the annual festival, is betting big on an electronic dance music performance by the Ven. New Jean, a comedian who gained a following after he delivered Buddhist verses to EDM at last year’s event. The name, meaning a “fresh move forward,” is a wordplay on t
CultureApril 14, 2024
-
Nongshim brings Chapagetti to the fore for global market
South Korea's leading ramyeon manufacturer Nongshim plans to prioritize the promotion of Chapagetti, its black bean-flavored ramyeon product, to diversify its overseas marketing appeal. Following Shin Ramyun, its top-selling instant noodle product, the company will now focus on promoting its 40-year-old Chapagetti as the next major brand targeting the global market, a Nongshim official said during a press conference held in eastern Seoul on Friday. "We have previously concentrated on a
CompaniesApril 14, 2024