GS Group establishes cultural foundation to boost art

South Korean energy, retail and construction conglomerate GS Group announced Thursday that it has officially launched the GS Cultural Foundation, a move aimed at enriching the nation's cultural and artistic landscape. Chaired by GS Group Chairman Huh Tae-soo, the board comprises prominent figures including Kang Sue-jin, artistic director of the Korean National Ballet, Eugene H J Bang, former head of DBS Bank Korea, Rha Wan-bae, former vice chairman of GS Energy, and Lee Joon-myung, an attor

IndustryAug. 29, 2024

Sinkhole swallows up car, injuring 2 in Seoul

A sinkhole opened up in the middle of a road in western Seoul on Thursday morning swallowing an entire car. Two people were injured, with one in critical condition, according to fire authorities. At 11:26 a.m., the vehicle, carrying the driver and a passenger, rolled over sideways crashing into the sinkhole while driving on Seongsan-ro in Yeonhui-dong, Seodaemun-gu, northwestern Seoul, toward Seongsan Bridge. The two who were injured, a woman in her 70s and a man in his 80s, sustained serious

Social AffairsAug. 29, 2024

LG Chem opens CS center in Ohio

LG Chem, South Korea’s leading chemicals company, announced on Thursday the official opening of its new Customer Solution Center in Ravenna, Ohio, as part of its strategy to expand its presence in North America. The 8,300-square-meter, three-story facility is designed to provide comprehensive technical support to customers across the region, including product development, quality enhancement and productivity enhancement for LG Chem’s customers and suppliers. The center, which began c

IndustryAug. 29, 2024

[LLG] When compassion meets law: Lawyer defends goats, dogs, other helpless animals

As a child, Park Joo-yeon always loved animals. She enjoyed going to the zoo and constantly pestered her parents to have pets at home. In 2011, while undergoing training after passing the state bar exam, Park came across a horrendous photo that opened her eyes to aspects of animal life that she had not seen before. It was of a piglet being subjected to a gruesome death by protesters opposing an army base relocation plan in Icheon, Gyeonggi Province. The incident, which took place in 2007, involv

Social AffairsAug. 29, 2024

[From the Scene] How ‘world’s first oil town’ is wrestling to become ‘green'

BAKU, Azerbaijan -- Driving just a few miles from the venue of this year’s global climate conference in Baku, Azerbaijan, a transformation is taking place. Once known as the Black City, from all the soot created in the 19th century from pumping and refining oil, it claims the dubious honor of being the world's oldest oil town. Having the world’s first-ever mechanically drilled oil well in 1846, the country at one point provided more than half of the world's oil. Having fu

Social AffairsAug. 29, 2024

Dong-A Pharm's eye supplement for kids releases new flavor

South Korean drugmaker Dong-A Pharmaceutical said Thursday the company launched a new flavor of eye health supplement containing perilla herb for kids -- Minimax LAB Eyes Solution. According to a study released in 2017, researchers found that Perilla frutescens reduce near point of convergence values, which are indicators of eye fatigue. To evaluate the effects of Perilla extract, the research team divided 30 Korean participants into two groups, giving the extract to only one group. However, due

IndustryAug. 29, 2024

[해커스 TOEIC] 토익 점수 Up 단어, Part 5 문제

2) 파트 5 3문제 1. When tickets to a soccer match between two top teams were offered online, they were completely sold out ------- a few hours. (A) among (B) through (C) before (D) within 해석 최고의 두 팀 간의 축구 경기 표가 온라인으로 제공되었을 때, 이 티켓들은 몇 시간 이내에 완전히 매진되었다. 해설 전치사 채우기 문제 ‘최고의 두 팀 간의 축구 경기 표가 온라인으로 제공되었을 때, 이 티켓들은 몇 시간 이내에 완전히 매진되었다’라는 문맥이 되어야 하므로 ‘~ 이내에’라는 뜻의 전치사 (D) within이 정답이다. 참고로 (A) among은 ‘~ 사이에’, (B) through는 ‘~을 통하여’, (C) before는 ‘~

English EyeAug. 29, 2024

Seoul shares fall over 1% on Nvidia's underwhelming earnings result

South Korean shares dropped more than 1 percent after opening Thursday, taking a cue from Wall Street losses prompted by an underwhelming earnings result by global artificial intelligence chip giant Nvidia. The benchmark Korea Composite Stock Price Index (Kospi) fell 31.62 points, or 1.18 percent, to 2,658.21 in the first 15 minutes of trading. Overnight in the United States, the Dow Jones Industrial Average fell 0.39 percent, with the S&P 500 losing 0.6 percent. The tech-heavy Nasdaq compos

MarketAug. 29, 2024

Paris Paralympic Games begin with 1st outdoor opening ceremony; S. Korea eyes return to top 20

The 17th Summer Paralympic Games began with the first outdoor opening ceremony in the competition's history in Paris on Wednesday night, as the French capital welcomed athletes with disabilities under the motto, "Games Wide Open." Paris had also held the opening ceremony for the Summer Olympics outside a stadium for the first time, with athletes riding boats down the iconic Seine River. On Thursday, Paralympians marched down the famous Champs-Elysee and toward Place de la Concorde

More SportsAug. 29, 2024

Nearly 60 pct of big firms have no plan or undecided over hiring in H2: survey

Nearly 60 percent of big companies in South Korea have either not yet established a recruitment plan for the second half of the year or do not plan to hire at all, a poll showed Thursday. According to the survey carried out by polling agency Research & Research on the country's top 500 companies by sales from Aug. 5-19, 57.5 percent of responding firms said they have yet to come up with recruitment plans or don't plan to hire new college graduates during the remainder of the year.

EconomyAug. 29, 2024

[팟캐스트] (614) 보건의료노조 파업…'최악 의료공백'

진행자: 홍유, Elise Youn Crisis in medical system builds as hospital workers plan walkout 기사요약: 전국보건의료산업노동조합가 61개 병원 사업장을 대상으로 쟁의행위 찬반투표를 한 결과 91%의 찬성으로 총파업이 가결됐다. [1] Amid a prolonged medical standoff, concerns are again looming large as more than 22,000 unionized hospital workers plan to strike beginning Thursday if the ongoing arbitration by the labor relations committee fails to reach an agreement on a pay raise and the normalization of hospital operations. prolonged: 오래 계속되는, 장기적인 loom: 곧 닥칠

PodcastAug. 29, 2024

EXO Chanyeol makes solo debut with 1st EP ‘Black Out’

Chanyeol of the K-pop group EXO debuted as a soloist with his first mini-album "Black Out" Wednesday. “It’s been 12 years since I debuted as a member of EXO. Now, I’m happy to get to show something new as a solo artist,” said Chanyeol at a press conference the same day. The album blends newness brought by its diverse genres with Chanyeol's way of evoking strong feelings through his vocals. The album features six tracks, including the title song "Black

K-popAug. 29, 2024

[Graphic News] Average book price nears 20,000 won

The cost of purchasing a book in South Korea is approaching 20,000 won ($14.80), according to recent research by the Korean Publishers Association. In 2023, the average book price was 18,633 won. Books in the miscellaneous category were the most expensive, with an average price of 24,517 won. Other high-priced categories included history (24,289 won), social science (24,203 won), and descriptive science (24,157 won). The study also revealed that 62,865 books were newly published in 2023, a 2.8

Social AffairsAug. 29, 2024

[Wang Son-taek] Were they not Koreans?

A nasty specter of historical revisionism has again shaken the Republic of Korea. This time, a comment in question came from Kim Moon-soo, the labor minister nominee. During his confirmation hearing in parliament, he denied the nationality of Koreans in the Japanese occupation period from 1910 to 1945. He asserted, “Our country was completely taken over and forcibly incorporated in Japan. How could there be such a thing as (Korean) nationality?” Shockingly, there exists a faction in

ViewpointsAug. 29, 2024

[Takatoshi Ito] Japan after Kishida

On Aug. 14, Japanese Prime Minister Fumio Kishida announced that he would step down as leader of the ruling Liberal Democratic Party in September. Soon after, the LDP will select Kishida’s replacement -- who will serve as prime minister, given the LDP-led coalition’s control of the Diet (the lower house of parliament). The new government is then likely to call a snap election, in the hopes that the “honeymoon effect” will help it increase its majority. What the LDP must f

ViewpointsAug. 29, 2024

NCT member Taeil leaves band over sexual offense allegations

Taeil, a member of K-pop boy band NCT, has left the team after being accused of sexual offense allegations, NCT's agency said Wednesday. "Our company recently found out that Taeil has been accused in a criminal case in relation to a sexual crime," SM Entertainment said. "In the process of verifying the details, the company reached the conclusion that (he) could no longer be part of the team, given the gravity of the incident." The company said the decision was made upon

Social AffairsAug. 28, 2024

Haru Invest CEO stabbed during fraud trial

The chief executive of Haru Invest, a troubled South Korean cryptocurrency deposit service, was injured Wednesday after being stabbed during a fraud trial. The CEO, only identified by his surname Lee, was stabbed in the neck by a man in his 50s during the trial at the Seoul Southern District Court and was taken to a hospital. His injuries are not life-threatening, according to authorities. Police said they have arrested the assailant on charges of attempted murder and are investigating his motiv

Social AffairsAug. 28, 2024

Katseye gains momentum as streaming interest grows in US

Katseye, the global girl group launched via a collaboration between Hybe and Geffen Records, has been gaining significant popularity in the US, coinciding with the release of a documentary on the group's formation on Netflix. After the eight-part documentary series "Pop Star Academy: Katseye" was released on Aug. 21 on Netflix, there has been a surge in buzz surrounding Katseye in the US, according to Hybe on Wednesday. "Pop Star Academy" highlights the process of select

K-popAug. 28, 2024

'Hyundai Way': Auto giant's W121tr plan aims to seize mobility market lead

Hyundai Motor Company is making a bold move towards the future with an investment of 120.5 trillion won ($90.3 billion) over the next decade. This investment is designed to keep Hyundai agile as mass adoption of electric vehicles remains uncertain. Key initiatives include the introduction of advanced hybrid systems, an expanded range of hybrid vehicles, and a new category of vehicles -- extended range electric vehicles, or EREVs -- that combine the strengths of both internal combustion engines a

MobilityAug. 28, 2024