Most Popular
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Over 80,000 millionaires, 20 billionaires in Seoul: report
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Korean battery makers heave sigh of relief over 2-year IRA reprieve
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Yoon apologizes over first lady’s Dior bag scandal, but accuses special probe attempt as political maneuvering
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Young Korean doctors seek plan B: cosmetic dermatology or overseas
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South Korea open to Indonesian proposal to cut KF-21 payments
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Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
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Coupang earnings hit hard by losses from ailing Farfetch
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[K-pop’s dilemma] Time, profit pressures work against originality
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Why femicide and dating violence are growing issues in S. Korea
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Arrest warrant issued for medical student for allegedly killing girlfriend after breakup
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Yoon doubles down on repeal of financial investment income tax
President Yoon Suk Yeol on Thursday expressed a strong willingness to rescind the introduction of capital gains taxes on financial investment incomes, asserting the legislation would bring massive outflow of funds from the country’s capital market. “Not only is the understanding of 14 million retail investors at stake, but if the capital market collapses and fails to function properly, it will have a significant impact on the real economy,” Yoon said during a press conference m
EconomyMay 9, 2024
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Korea News Editors' Association appoints new secretary-general
Korea News Editors' Association on Thursday named Yang Ji-woon as its secretary-general. The KNEA appointed Yang to his new post at its board of directors' meeting, held at the Korea Press Center in Jung-gu, central Seoul. Yang joined the KNEA in 2009 and was formerly the association's strategy planning and business director. Launched in 1957, the KNEA is currently headed by Choo Seung-ho of Yonhap News TV.
PeopleMay 9, 2024
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LG Display starts sell-off talks for China plant
LG Display has started talks to sell off its last liquid crystal display manufacturing plant in China in an apparent move to focus on consolidating its leadership in the more advanced organic light-emitting diode display market. According to industry sources on Thursday, LG Display is discussing the issue with Korea’s Ministry of Trade, Industry and Energy as a pricey display plant is considered the nation’s strategic asset whose sales should be approved by the government. In a regul
IndustryMay 9, 2024
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Hyundai Mobis to set up W90b plant for EV parts
Hyundai Mobis, the parts and service arm under Hyundai Motor Group, will construct a dedicated electric vehicle module plant in Ulsan, South Korea, with an investment of approximately 90 billion won ($65 million) and completion expected in late 2025. The company signed an investment memorandum of understanding with the Ulsan Metropolitan City on Thursday, with Ulsan Mayor Kim Du-gyeom and Hyundai Mobis CEO Lee Gyu-suk attending the signing ceremony. Located near Hyundai Motor Group's upcomi
MobilityMay 9, 2024
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Stray Kids hit with racism in Met Gala photo line
Despite the ever-expanding presence and influence of K-pop around the world, K-pop artists and fans are still affected by racism. K-pop boy group Stray Kids recently experienced racial discrimination at the hands of local photographers during the 2024 Met Gala, one of the biggest annual fashion events in the US, held at the Metropolitan Museum of Art in New York on Tuesday. Stray Kids, who were invited to the event as the brand ambassadors of Tommy Hilfiger, were posing for photos when photogr
K-popMay 9, 2024
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Posco’s furnace No. 4 ready to resume operation
Posco Group said Thursday that it was ready to resume the operation of its blast furnace No. 4 in Pohang, North Gyeongsang Province, at the end of June after months of refurbishment work. A blast furnace usually undergoes maintenance every 15 years, during which its operation is suspended to undergo thorough performance and safety checkups and facility upgrades. The No. 4 furnace, completed in 1981, underwent refurbishments in 1994 and 2010. The current third refurbishment started on Feb. 23 to
IndustryMay 9, 2024
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Korea projected to outpace Taiwan in chip production by 2032: US report
South Korea is projected to account for nearly 20 percent of global semiconductor production in 2032, reaching an all-time high in output, a US report showed on Thursday. Asia’s fourth-largest economy is predicted to take up 19 percent of global chip production eight years later, according to a report by the Semiconductor Industry Association, in partnership with the Boston Consulting Group. The report evaluated that Korea invested in the development of the semiconductor industry from the
TechnologyMay 9, 2024
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Court rules surgery not mandatory for legal gender change
A recent court ruling has declared it unlawful for the first time to require gender-affirmation surgery as a prerequisite for legally changing one's gender. Judges at the Yeongdong branch of the Cheongju District Court recently granted permission to five people who have not undergone gender reassignment surgeries to change their legal gender from male to female on their family registers. The decision was confirmed by the court on Thursday. The individuals, originally registered as male at b
Social AffairsMay 9, 2024
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[K-pop’s dilemma] Can K-pop break free from ‘fandom’ model?
A longtime fan of K-pop, Lee Eun-soo, 25, has been buying albums, streaming music and purchasing K-pop merchandise, all part of what it means to be a loyal K-pop fan. Although she is still a big fan of K-pop, she is skeptical about the K-pop industry's sustainability, pointing out that agencies place too many financial demands on fans. “Fans have to pay money endlessly to show love and agencies know how to squeeze money out of them,” she said. K-pop's global success is unde
CultureMay 9, 2024
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University president proposes strategies to thrive in AI-driven era
President of Taejae University Yeom Jae-ho on Wednesday underscored the profound impact Artificial Intelligence has been having and the essential attitudes individuals must cultivate to thrive in the evolving AI era. Speaking at The Korea Herald’s Global Business Forum in Seoul, the president of South Korea's first future innovation university, said this was an era of "VUCA" -- Volatility, Uncertainty, Complexity, Ambiguity. Despite this rapid transformation, Yeom highlighte
Social AffairsMay 9, 2024
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Universal Ballet marks 40th anniversary with 'Romeo and Juliet'
Universal Ballet is set to perform choreographer Kenneth MacMillan's Royal Ballet production "Romeo and Juliet" this weekend, marking the South Korean ballet company's 40th anniversary. Among many adaptations, MacMillan's rendition with Sergei S. Prokofiev’s music stands out for its faithful portrayal of Shakespeare's original tragedy. Since its Korean premiere in 1983 by the Royal Ballet, Universal Ballet has secured performance rights, staging the production
PerformanceMay 9, 2024
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CJ ENM aims to maintain success by maximizing synergy between tvN, streaming platforms
CJ ENM aims to uphold its top position in prime-time viewership ratings by maximizing synergy between streaming platforms and its cable channel tvN, amid the declining use of linear TVs, the company said Wednesday. Announcing the outcomes of tvN content's performance in 2024 During a media event held at the headquarters of CJ ENM located in Sangam-dong, Seoul, on Wednesday, the company said tvN is currently taking the lead in nationwide viewership ratings logged during prime time. TvN is
TelevisionMay 9, 2024
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Yoon apologizes over first lady’s Dior bag scandal, but accuses special probe attempt as political maneuvering
President Yoon Suk Yeol apologized on Thursday for the controversy surrounding first lady Kim Keon-hee's alleged acceptance of a Dior bag as a gift, but rejected the opposition party's demand for a special probe, saying that the proposal was not aimed at revealing the truth but at politically attacking him. In a press conference marking his two years in office, the president said he “offers a deep apology to the South Korean people for causing concern due to my wife’s unw
PoliticsMay 9, 2024
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[Photo News] Porsche in Busan
Porsche Korea is participating in Art Busan 2024 as an official partner and hosting 'Salon de Panamera' at the Busan Exhibition and Convention Center through Sunday, the German automaker's local office said Thursday. Inspired by Europe's salon culture, the exhibition will showcase Porsche’s brand philosophy of continuous innovation integrated with the brand's unique design by presenting the new Panamera 4, the automaker's latest powerful sporting luxury sedan,
MobilityMay 9, 2024
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Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
A teenager and a police officer were rescued from the Han River Wednesday after they fell from a bridge while the officer was attempting to prevent a suicide attempt. The Yeouido patrol unit of the Yeongdeungpo Police Station received a report at around 7:24 p.m. that a woman was hanging off the railing of the Mapo Bridge over the major river in central Seoul. Ten officers were immediately dispatched to the site, where a 17-year-old girl was hanging off the railing of the bridge over the river
Social AffairsMay 9, 2024
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Hilary Hahn replaces ill Son Yeol-eum in SPO Concerts
American violinist Hilary Hahn is replacing pianist Son Yeol-eum in the Seoul Philharmonic Orchestra concerts scheduled for Thursday and Friday. The last-minute change was made less than 16 hours after the SPO announced Wednesday afternoon that Son's performance was canceled due to a high fever and sore throat. Hahn is in South Korea at the moment as she is preparing for a recital with pianist Andreas Haefliger, an all-Brahms program taking place at Seoul Arts Center on Saturday. With the S
CultureMay 9, 2024
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Yoon apologizes for wife's 'unwise conduct'
President Yoon Suk Yeol apologized Thursday for what he called the "unwise conduct" of first lady Kim Keon Hee, referring to allegations she illegally accepted a luxury bag in 2022. "I apologize for causing concern to the people with the unwise conduct of my wife," he said during a press conference marking the second anniversary of his presidency. He said he would refrain from commenting further, however, given that a prosecution investigation is already under way into the al
PoliticsMay 9, 2024
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Yoon says will create new ministry to tackle low birth rate
President Yoon Suk Yeol said Thursday he will create a new ministry to tackle the country's low birth rate. Yoon made the remark during an address to the nation marking the second anniversary of his presidency. "In order to overcome the low birth rate, which can be considered a national emergency, we will fully mobilize all of the state's capabilities," he said. The head of the new ministry, tentatively named the "low birth response planning ministry," will double a
PoliticsMay 9, 2024
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S. Korea's fiscal deficit hits record high through March
South Korea's fiscal deficit reached an all-time high in the first three months of 2024 due to rising expenditures aimed at buttressing an economic recovery, the finance ministry said Thursday. The managed fiscal balance, a key gauge of fiscal health calculated on a stricter term, posted a deficit of 75.3 trillion won ($55.07 billion) in the January-March period, up from the previous year's 54 trillion won, the finance ministry said in its monthly public finance report. This year'
PoliticsMay 9, 2024
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[해커스 TOEIC] 토익 점수 Up 단어, Part 5 문제
2) 파트 5 3문제 1. The growing demand ------- health advice has resulted in the establishment of numerous websites that deal with a wide variety of health issues. (A) for (B) with (C) to (D) under 해석 건강 관련 조언에 대한 증가하는 수요는 다양한 건강 문제를 다루는 여러 웹사이트들의 개설을 초래했다. 해설 전치사 채우기 문제 ‘건강 관련 조언에 대한 증가하는 수요’라는 문맥이 되어야 하므로 ‘~에 대한’이라는 의미의 전치사 (A) for가 정답이다. 어휘 establishment 개설, 창립 numerous 다수의, 수많은 deal with ~을 다루다, 처리하다 2. The organization is eager ------- opportunities for co
English EyeMay 9, 2024