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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Young Korean doctors seek plan B: cosmetic dermatology or overseas
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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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South Korea open to Indonesian proposal to cut KF-21 payments
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Police seek arrest warrant for med student who killed girlfriend
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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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Girl hanging on bridge, police trying to rescue her both fall off; rescued immediately
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[K-pop's dilemma] Is Hybe-Ador conflict a case of growing pains?
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DP to propose cash handouts as 1st bill of new National Assembly
The main opposition Democratic Party (DP) plans to propose legislation providing cash handouts of 250,000 won ($184) to the entire population as its first bill of the new National Assembly set to open later this month, its new floor leader said Monday. Rep. Park Chan-dae unveiled the plan in a radio interview with local broadcaster MBC after DP leader Lee Jae-myung asked President Yoon Suk Yeol last Monday to accept his election pledge for the cash handouts as a way to help restore the people
PoliticsMay 6, 2024
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S. Korea, China in final stage of talks on FM Cho's visit to Beijing
BEIJING -- South Korea and China are in the final stage of talks to set up a visit to Beijing by Foreign Minister Cho Tae-yul that will make him the first South Korean foreign minister to visit the Chinese capital in more than six years, an official said Monday. The senior official at South Korea's Embassy in Beijing made the remark to South Korean correspondents, noting that Chinese Foreign Minister Wang Yi invited Cho to visit China when they held phone talks in February. "The two co
Foreign AffairsMay 6, 2024
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'Queen of Tears' riding high on Netflix chart
South Korean hit romance drama series "Queen of Tears," riding high on the strong reception from its international fanbase, is continuing its strong streaming performance, according to entertainment giant CJ ENM on Thursday. "Queen of Tears" claimed the second spot in Netflix's non-English-language TV list during the last week of April, rising one position from the previous week. The rankings are calculated by dividing the total hours viewed by the total runtime. It wa
TelevisionMay 6, 2024
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Israel begins evacuating part of Rafah
Israel called on civilians to evacuate parts of Rafah on Monday in what appeared to be preparation for a long-threatened assault on Hamas holdouts in the southern Gaza Strip city where more than a million war-displaced Palestinians have been sheltering. Instructed by Arabic text messages, telephone calls and flyers to move to what the Israeli military called an "expanded humanitarian zone" 20 kilometers away, some Palestinian families lumbered out under chilly spring rain, witnesses sa
World NewsMay 6, 2024
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Yoon to hold press conference Thursday
President Yoon Suk Yeol will hold a press conference Thursday, as he seeks a breakthrough from his stagnant job approval rating and looming political attacks by the opposition parties set to continue to control the new National Assembly that kicks off next month. Yoon's spokesperson Kim Soo-kyung told reporters Monday that Yoon will hold a media conference in the morning as he marks his second anniversary in the presidential office soon. Before the conference, Yoon will lay out his policy instru
PoliticsMay 6, 2024
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‘Children Lunch Set’ illustration display at expo accused of child porn
A display in an illustration fair has stirred up controversy over a possible link to child pornography, triggering a police investigation. Police were dispatched Sunday to Kintex in Goyang, Gyeonggi Province, where the Illusta Fes subculture illustration fair was taking place, following a report that one of the fair’s booths had illustrations of naked children on display, according to Ilsan Seobu Police Station. The “Children Lunch Set” booth sold sexual illustration products a
Social AffairsMay 6, 2024
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Israeli strikes on Rafah after deadly Hamas rocket attack
Three Israeli soldiers were killed in a rocket attack claimed by Hamas armed wing, near the southern Gaza Strip city of Rafah, where Palestinian health officials said at least 19 people were killed by Israeli fire Sunday. Hamas's armed wing claimed responsibility on Sunday for an attack on the Kerem Shalom crossing into Gaza that Israel said killed three of its soldiers. Israel's military said 10 projectiles were launched from Rafah in southern Gaza towards the area of the crossing, wh
World NewsMay 6, 2024
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Democratic Party angst grows over ‘politically neutral’ Assembly speaker
National Assembly Speaker Kim Jin-pyo criticized former Democratic Party of Korea colleagues who said the parliamentary leader does not need to maintain political neutrality. In a radio interview late Sunday, Kim said that the Democratic Party “ought to be ashamed” of its criticisms that he was “not picking a side” as the party pushes for its post-Assembly election agenda. “The speaker of the Assembly remains unaffiliated with any party for a reason. The speaker, wh
PoliticsMay 6, 2024
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Speaker floats dual citizenship as solution to falling births
Kim Jin-pyo, the speaker of South Korea’s National Assembly, told a meeting with overseas Koreans in Los Angeles that he would try to push laws to permit multiple citizenships, according to the speaker’s office. “Allowing people to hold multiple citizenships has gained considerable consensus in the Assembly as well as the government,” he said during a meeting with members of organizations representing Koreans in the US at the Intercontinental Hotel in LA on Saturday. He s
PoliticsMay 6, 2024
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Hanwha Life secures 40% stake in Indonesian lender
Hanwha Life, a major insurer under the Korean conglomerate Hanwha Group, is set to expand its presence in Southeast Asia, having secured a stake in Indonesia's Nobu Bank, according to the insurer on Monday. Hanwha Life acquired a 40 percent stake in Nobu Bank through a deal signed with Indonesia’s Lippo Group, a major conglomerate with businesses spanning Southeast Asia. The deal signing event was held in Jakarta on Friday, with Hanwha Life Vice Chair and CEO Yeo Seung-joo, its Presid
IndustryMay 6, 2024
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Medical feud leaves hospitals in financial crisis
As the medical void prolongs in South Korea with doctors continuing their walkout against the government’s medical school expansion plan since February, the number of major general hospitals struggling financially is on the rise. Kyung Hee University Medical Center, which operates seven hospitals including two affiliated Kyung Hee University Hospitals, is considering suspending salary payments and implementing voluntary retirement from next month due to a daily deficit of hundreds of mil
Social AffairsMay 6, 2024
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Samsung SDI boasts e-bike leadership at China Cycle
Samsung SDI said Monday that it is showcasing its latest battery products, including cylindrical batteries, at this week’s China Cycle 2024, one of the largest bicycle and motorcycle exhibitions that is marking its 32nd year. The four-day event kicked off Sunday in Shanghai, with some 1,700 businesses joining, up 40 percent from a year ago. Under the slogan “Already, All Ready,” Samsung SDI introduces a diverse lineup of cylindrical batteries specifically designed for micro-mob
TechnologyMay 6, 2024
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Chip up cycle won’t stay long: SK chief
The chairman of Korea's chip-to-battery conglomerate SK Group said the fate of semiconductor manufacturers will hinge on how smartly they can map out capital expenditure plans, as he believes the recent chip recovery would be short-lived. The earnings surprise that SK hynix, the group’s crown jewel and the world's second-largest memory chipmaker, logged in the first quarter raised hope that the industry has ended its down cycle after months of operating losses. SK Group Chairman
IndustryMay 6, 2024
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Value-up program: Market disappointment does not mean a failure, just yet
The Korean government's corporate value enhancement guidelines revealed last week may have disappointed investors, yet experts believe there is room for improvement. After a three-month wait following the initial announcement of the corporate value-up program in February, the Financial Services Commission on Thursday issued several pages of guidelines detailing how companies should create their value enhancement plans and associated regulations. Under the guidelines, companies first select
EconomyMay 6, 2024
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Allegations surrounding BTS resurface, enraged fans demand apology
Protest trucks and flower wreaths from outraged fans of K-pop group BTS have dominated the street in front of Hybe’s headquarters building in Yongsan, Seoul, amid an ongoing feud over the agency’s management system. The rage against the agency will likely continue, as an old allegation over chart manipulation surrounding the company has resurfaced. According to local media, a petition demanding an investigation into allegations that Big Hit Music, the sublabel of K-pop powerhouse Hyb
K-popMay 6, 2024
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Korean labor force to shrink by 10 million by 2044: report
South Korea's working-age population is projected to shrink by a quarter in the next two decades, a report read Monday, suggesting a grim outlook for Asia's fourth-largest economy, which is struggling to find a breakthrough from its historically low birth rate. The working-age population, which Seoul defines as economically active people aged between 15 and 64, will stand at some 27.17 million by 2044, down by 9.4 million from 36.57 million in 2023, according to a report from the Korea
Social AffairsMay 6, 2024
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Students with history of violence will be barred from becoming teachers
High school students who have a history of school violence in high school will be barred from becoming elementary school teachers, as the government takes stronger action against school bullying. According to the college entrance plans for 2026 released by the government Monday, all 10 national universities of education have disqualified high school students with a history of violence from applying. The ban is a follow-up to the comprehensive measure for eradicating school violence announced b
Social AffairsMay 6, 2024
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S.Korea and Italy to dedicate 2024 and 2025 to enhancing cultural exchanges
ROME, Italy -- South Korea and Italy will commemorate the 140th anniversary of their diplomatic relations by enhancing cultural exchanges throughout 2024 and 2025. The year of cultural exchange was first announced in November during Italian President Sergio Mattarella's state visit to South Korea. The initiative officially began Saturday with a performance of Korean traditional dance in Rome. The National Gugak Center’s Dance Theater and Folk Music Group presented a specially prepared
CultureMay 6, 2024
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[AtoZ Korean Mind] Does your job define who you are? Should it?
"What do you do for a living?" Lim Eun-hye came to understand the power of this one simple line after losing the title of college student. Wanting to explore her true desires before settling into a mundane work life, she dabbled in various pursuits, including freelancing, traveling and social clubs. But she now bitterly admits that she was naive and out of touch with reality. "People didn't care who I was and what kind of values I was leading my life by,” Lim, 29, sai
Hashtag KoreaMay 6, 2024
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Korail Tourism Development recommends springtime rail bike trips
Korail Tourism Development, a subsidiary of the Korea Railroad Corp., has unveiled four iconic rail bike spots for domestic travelers. With green leaves dancing to the rhythm of the gentle breeze and spring now in full swing, hopping on a rail bike is one of the most popular ways to immerse yourself in the country’s beautiful nature and spring vibes. The highland county of Jeongseon, Gangwon Province, welcomes visitors with a splendid mountain range that can easily be spotted from practica
TravelMay 6, 2024