Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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On May Day, labor unions blast Yoon's foreign nanny proposal
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Seoul Metro to seek legal action against malicious complaints
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Illit, mired in controversy, remains on Billboard charts for 5th week
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S. Korea lowers COVID-19 warning level, lifts last-remaining antivirus mandates
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US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
The United States will take steps "in time" to have three-way engagements on nuclear deterrence with South Korea and Japan, a senior US diplomat said Wednesday, reiterating America's "firm" security commitment to the Asian allies. Deputy Secretary of State Kurt Campbell made the remarks, noting ongoing efforts to ensure the credibility of the US' "extended deterrence" commitment through bilateral platforms with the allies in the face of shared challenges,
Foreign AffairsApril 25, 2024
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[Takatoshi Ito] How risky is Japan‘s monetary-policy normalization?
Last month, the Bank of Japan took its first important step toward monetary-policy normalization. The BOJ ended its negative interest-rate policy, setting the policy rate between 0.0 percent and 0.1 percent. It abandoned yield-curve control, which had been introduced to keep the ten-year government bond yield around 0 percent. And it announced that it would taper off new purchases of exchange-traded funds and real-estate investment trusts, but maintain the current pace of government-bond purchas
ViewpointsApril 25, 2024
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[Anya Schiffrin, Dylan W. Groves and Joseph E. Stiglitz] Quality journalism is more important than ever
Although news consumption soared during the COVID-19 pandemic, subscriptions have since fallen, and news outlets around the world have been laying off reporters or even shutting down altogether. That is bad news for all of us. Our new UNESCO brief highlights recent research that demonstrates just how important high-quality information is to a well-functioning economy, society, and democracy. New studies in economics and political science use rigorous methods to confirm what journalists already k
ViewpointsApril 25, 2024
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[Editorial] W100m childbirth incentive
The South Korean government has taken a variety of policy steps to bolster the declining birth rate, which is accelerating during the much-dreaded demographic crisis. This time, a state-run agency is exploring the feasibility of a drastic proposal: a handout of 100 million won ($72,500) in cash for each baby born. The Anti-Corruption & Civil Rights Commission started an online survey on April 17 in order to re-evaluate the country’s birth promotion policies. The survey is set to run th
EditorialApril 25, 2024
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Landers slugger Choi Jeong becomes new KBO career home run leader
SSG Landers slugger Choi Jeong is the new home run king in South Korean baseball. Choi launched his 468th home run off Lotte Giants starter Lee In-bok at Sajik Baseball Stadium in the southeastern city of Busan on Wednesday, passing former Samsung Lions star Lee Seung-yuop on the all-time home run list in the Korea Baseball Organization. With the Landers trailing 7-4, Choi came up with two outs in the top of the fifth inning for his third plate appearance. Choi drilled a first-pitch slider and s
BaseballApril 24, 2024
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NewJeans fans send protest truck against agency chief in conflict with Hybe
Some fans of girl group NewJeans staged a protest outside the building of K-pop giant Hybe in Seoul on Wednesday, deploying a "protest truck" to voice their grievances against the chief of its sub-label in an escalating conflict with the parent company. "Min Hee-jin should no longer use NewJeans and its family," blared an electronic billboard mounted on the truck sent by the members of Bunnies, the group's fandom. Min is the CEO of ADOR. Other messages repeatedly flashed
K-popApril 24, 2024
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Korean premiere of Neumeier's 'The Little Mermaid' brings tale of love, sacrifice to stage
The Korean National Ballet is gearing up for the eagerly awaited Korean premiere of John Neumeier's adaptation of "The Little Mermaid" at the Seoul Arts Center, scheduled for May 1-5. Neumeier, widely acknowledged as one of today's foremost choreographers, has lead the world-renowned Hamburg Ballet since 1973 as its director and chief choreographer. With a prolific career spanning over five decades, he has crafted more than 170 pieces. Currently in Seoul overseeing the KNB
PerformanceApril 24, 2024
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[Herald Interview] Kukje Gallery's Lee Hyun-sook brings Korean artists to Venice Biennale
It was almost a decade ago that the Kukje Gallery brought dansaekhwa artists to the Venice Biennale, a watershed moment for Korean contemporary art as it came under the global spotlight with the artists garnering international recognition. Lee Hyun-sook, founder of the Kukje Gallery, recalled why she pushed for the exhibition at the time – to present the authenticity of Korean art. The biennale’s collateral exhibition “Dansaekhwa” in 2015 showed works by Park Seo-bo, Chun
Arts & DesignApril 24, 2024
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
South Korea on Tuesday tapped a South Korean liquid rocket engine expert and a Korean-American who retired from the National Aeronautics and Space Administration in the United States for the leadership positions of the nascent space agency set for blastoff in late May. According to the presidential office in Seoul, Yoon Young-bin, an aerospace engineering professor at the Seoul National University, was named the new administrator of the Korea AeroSpace Administration, or KASA. Yoon's four d
PoliticsApril 24, 2024
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
As South Korea grapples with a shrinking population, it is increasingly turning to foreign workers to fill crucial roles. Today, labor from overeseas is concentrated in low-paying unskilled jobs, but in the future, many will be hired to perform highly skilled work, according to Kim Young-Jung, president of the Korea Employment Information Service. Highly skilled jobs may include engineers, scientists, teachers, managers and IT professionals, he said. “Korea is getting more and more in need
Social AffairsApril 24, 2024
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SK hynix pledges W20tr to ramp up DRAM production at home
SK hynix, the world's second-largest memory chip maker, said Wednesday it will expand the production capacity of next-generation DRAM, including High Bandwidth Memory, which is critical to generative artificial intelligence tools, in response to rapidly increasing demand for AI chips. The decision came as the board of directors approved the plan during a meeting held later in the day to build the M15X fab in Cheongju, North Chungcheong Province, for a new DRAM production site, according to
TechnologyApril 24, 2024
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Nicaragua shuts down Seoul embassy
Nicaragua has decided to close its embassy in South Korea, primarily citing financial difficulties as a major reason, the Foreign Ministry in Seoul confirmed Wednesday, after the Central American country announced a plan to establish a new embassy in North Korea last year. "The Nicaraguan government has recently informed our government of its decision to close its embassy in South Korea due to worsening financial conditions," a senior Foreign Ministry official confirmed on condition of
Foreign AffairsApril 24, 2024
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[Herald Interview] 2 new villains in ‘The Roundup: Punishment’ differentiate themselves in the details
“The Roundup: Punishment,” the fourth installment of the country’s most successful crime action franchise, features two new villains. Because the audience still remains captivated by the first installment’s Jang Chen (Yoon Kye-sang), an ethnic Korean gangster from Harbin who collects debts, and the second installment’s psychopathic serial killer, Kang Hae-sang (Son Suk-ku), many moviegoers are anticipating something new from the new villains, hoping perhaps they
FilmApril 24, 2024
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Samsung Biologics Q1 earnings hit all-time high
Samsung Biologics, a leading contract development and manufacturing organization, announced Wednesday that the company’s earnings in the first quarter this year hit an all-time high. In the January-March period, Samsung Biologics’ sales increased by 31.3 percent on-year to 946.9 billion won ($690 million) from the previous year’s 720.9 billion won. Its operating profit also reached 221.3 billion won, up 15 percent on-year. “The operation of the fourth plant has largely co
IndustryApril 24, 2024
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SK Leaveo to produce biodegradable wet wipes
SK Leaveo, a subsidiary of South Korean chemical giant SKC specializing in biodegradable materials, has formed a partnership with paper product manufacturer KleanNara to create a new line of biodegradable hygiene products, starting with eco-friendly wet wipes. Under a newly signed agreement on Wednesday, SK Leaveo and KleanNara will focus on producing hygiene products that are not only sustainable but also practical for everyday use. The collaboration aims to harness new materials such as poly
IndustryApril 24, 2024
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Orion's Turtle Chips sales soar in US
The popularity of the Orion brand's Turtle Chips continued to grow in the US last year, boosting its annual sales to around 12 billion won ($8.8 million). Orion, a South Korean confectionery and snack manufacturer, is supplying the chips at the snack bars of major firms such as Google and Netflix, the company said Wednesday. According to Orion, the annual sales of Turtle Chips in the US reached 12 billion, around 200 times higher than the figure in 2017 when the company first launched the s
IndustryApril 24, 2024
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Ministry denies blame for Jamboree debacle
South Korean government denied claims raised by the World Organization of Scout Movement, which said its status as "de-facto organizer" was partly to blame for the Korea Scout Association's disastrous hosting of the 25th World Scout Jamboree in North Jeolla Province in August last year. Appointed by the World Scout Committee after the event, an independent six-member review panel said that the hosts, the Korea Scout Association, was sidelined by the Korean government because of th
Social AffairsApril 24, 2024
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[News Analysis] After election defeat, where is ex-PPP leader headed?
Following the ruling People Power Party’s bitter defeat in the April 10 parliamentary elections, the party's ex-interim leader Han Dong-hoon has faced a barrage of criticism. The latest attack on Han, however, came not from a member of the main opposition party, but from a star politician in Han's own conservative bloc -- five-term lawmaker and Daegu Mayor Hong Joon-pyo. In recent weeks, Hong has labeled Han a “traitor” and a “political celebrity who only took selfies,&rd
PoliticsApril 24, 2024
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Hybe's multilabel system tested amid conflict with Ador
K-pop powerhouse Hybe’s multilabel system is being tested as it has locked horns with one of its sublabels, Ador. Executives of Ador, the agency housing popular K-pop girl group NewJeans, began sending complaint emails to their parent company on April 3, about a week after the launch of Illit, a new girl group, by another Hybe sublabel, Belift Lab. Shin Dong-hoon, vice president of Ador, demanded that Hybe CEO Park Ji-won and Belift Lab CEO Kim Tae-ho address the conflict of interest surro
K-popApril 24, 2024
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[Today’s K-pop] Stray Kids float teaser for Charlie Puth collaboration
Stray Kids uploaded a teaser photograph for upcoming digital single Wednesday. The band of eight gazed into the camera exuding calm energy for much-hyped single “Lose My Breath,” a collaboration with Charlie Puth. The producing trio within the band – of Bangchan, Changbin and Han – participated in writing the song as it has for all lead singles since its debut in 2018. The digital single will be unveiled on May 10. Separately, the band’s “Why?,” its firs
K-popApril 24, 2024