STX Heavy rebranded as HD Hyundai Marine Engine

Korean marine engine maker STX Heavy Industries has officially been rebranded as HD Hyundai Marine Engine under the umbrella of HD Hyundai. At a shareholders' meeting held on Tuesday, all proposed agenda items were approved, including amendments to the articles of association, a name change and the election of new directors. President Kang Young, appointed as the first CEO, brings a wealth of experience from his tenure at HD Hyundai Heavy Industries, where he joined in 1992. He has held var

IndustryJuly 30, 2024

Geely’s top brass visit SK to speed up EV partnership

SK Group and SK On are reportedly fast-tracking their collaboration with China’s Zhejiang Geely Holding Group, a leading multinational automotive conglomerate. Industry sources reported that executives from Geely Auto responsible for technology, research and development, and international cooperation, visited SK Building headquarters in Seoul on Monday. The delegation, which included the CEO of Zeekr, Geely Auto’s premium EV brand, met SK Group Executive Vice Chairman Chey Jae-won an

MobilityJuly 30, 2024

Veteran DJ Kim Chang-wan returns to radio

Singer-actor Kim Chang-wan, also a legendary radio DJ known for his warm, comforting messages, has returned to radio four months after stepping down from a show he had hosted for 23 years. Kim and SBS radio program producer Jung Han-sung held a press conference at the SBS headquarters to celebrate the launch of their new radio program, "6 O’clock Evening Breeze, Kim Chang-wan Ibnida" on July 22. After an emotional farewell shared during the last broadcast of his long-running morn

CultureJuly 30, 2024

Tall tales and theories on S. Korea's dominance in archery

South Korea on Monday notched its third-straight gold medal in the Olympic men’s team event, defeating host nation France and completing a sweep of the women's and men's team events at this year's Paris Olympics. Kim Woo-jin, Kim Je-deok and Lee Woo-seok hoisted the national flag after securing the 5-1 victory in the French capital. Since their more dominant female compatriots won the country’s 10th-straight gold in the women's team event on Sunday, Koreans have

More SportsJuly 30, 2024

Jangma ends, leaving Korea under subtropical heat

Jangma, the rainy season, finishes in South Korea around Saturday and scorching hot days will last for, the Korea Meteorological Administration announced its analysis Tuesday. South Korea came under the influence of a strong subtropical high and the rainy front moved to North Korea, and it can be interpreted as the end of jangma, the forecast agency said. This year’s jangma lasted over a month -- 31.5 days in Seoul, Incheon and Gyeonggi and Gangwon Province, 31.4 days in southern provinces

Social AffairsJuly 30, 2024

Lotte Wellfood eyes W1tr in snack sales in India

Lotte Wellfood announced Tuesday it plans to merge its Indian subsidiaries, Lotte India and Havmor Ice Cream, to improve operational efficiency and enhance its presence in the Indian market. According to the company, the boards of both affiliates approved the decision in meetings held Monday. Under the merger agreement, Lotte India will acquire Havmor Ice Cream, and both brands will continue their product lines. "Lotte Wellfood has decided to create a combined entity in India to enhance our

CompaniesJuly 30, 2024

Stings and arrows: Archer hits bullseye despite bee bother

Kim Je-deok remained calm and shot a perfect arrow despite a bee landing on the back of his hand during the men’s archery team event at the Paris Olympics on Monday. The bee distraction occurred during the semifinal against China. While the first set ended in a tie at 54 points apiece, South Korea rebounded in the second set, scoring 57 to China’s 53. The third set was crucial, as a victory would secure South Korea’s spot in the final. With the score at 36-53 and only two arr

More SportsJuly 30, 2024

Toss Securities to launch US subsidiary this year

Toss Securities, a brokerage arm under financial technology giant Viva Republica, announced Tuesday that it plans to establish a subsidiary in the US to explore further business opportunities in the country. The US entity, a 100 percent-owned subsidiary of Toss Securities, will be founded within this year under the name of Toss Securities Americas. The establishment was approved through a board meeting of the brokerage unit. Toss Securities Chief Financial Officer Kim Kyung-soo is to serve as th

IndustryJuly 30, 2024

Vine Group secures bigger footing in Japan

Vine Group said Tuesday that its Japanese subsidiary Vine Japan successfully expanded business operations in Osaka, Japan. Since its establishment in 2017, Vine Japan has diversified its operations from rental services to include hotels, trade, and the food and beverage sector. Vine Japan entered the hotel industry by acquiring Hotel Links Namba in 2018. In 2019, it acquired WBF Hotel and rebranded it as Hotel Vine Osaka, enhancing customer satisfaction with a Korean boutique hotel concept. Amid

IndustryJuly 30, 2024

Number of returning resident doctors 'very low'

With the job opening for junior doctors' September training closing Wednesday, the government once again urged them to return to patient care, as many striking trainees remain lukewarm about resuming their duties. During Tuesday's government response meeting, Health Minister Cho Kyoo-hong made the final plea to trainee doctors to apply for the post, asking them to "take courage" for patients waiting for them. "The government took appeasement steps by providing special co

Social AffairsJuly 30, 2024

NK trash balloons have landed at over 3,000 sites in South: police

Balloons carrying rubbish sent from North Korea since late May have been discovered at more than 3,000 sites throughout South Korea, a police report showed Tuesday. According to a police report obtained by Democratic Party of Korea Rep. Yang Bu-nam, balloons sent by North Korea were found at 3,359 locations across South Korea between May 28 and July 25, during which 10 balloon campaigns were conducted. South and North Korea have used balloons in their propaganda campaigns since the Korean War in

Social AffairsJuly 30, 2024

Zerobaseone to drop 4th EP ‘Cinema Paradise’ next month

K-pop boy group Zerobaseone is returning with its fourth EP “Cinema Paradise” next month. The group's third EP "You Had Me at Hello" was released just three months ago. The group dropped a teaser poster for its upcoming album on its X account on Monday. It also shared a spoiler film for the new album on YouTube which shows the nine-member group watching a film in a theater with a silhouette of someone walking through a door. The subtitle reads "with special appear

K-popJuly 30, 2024

[Community Discovery] Mapo-gu completes Seoul experience: district head

Mapo-gu, home to Gyeongui Line Forest Park, World Cup Park, Haneul Park and vibrant university areas, is set to enhance its reputation as a premier cultural and tourist destination, becoming a must-visit hot spot for tourists from overseas, according to the current district office head. “If you haven’t traveled all over Mapo-gu, you haven’t truly experienced Seoul,” said Park Gang-su, 65, in an interview with The Korea Herald. The district’s cultural vibrancy is evi

Social AffairsJuly 30, 2024

Parliament confirms appointment of new police chief

The National Assembly confirmed the appointment of Cho Ji-ho as the country's new police chief Tuesday. The parliamentary committee on public administration and security adopted a confirmation hearing report on Cho's nomination as the commissioner-general of the Korean National Police Agency after holding a hearing the previous day. Adoption of the report is seen as parliamentary consent to the appointment, though the National Assembly has no power to reject the nomination and the pres

PoliticsJuly 30, 2024

S. Korea's seaport container cargo up 6.4% in Q2

The amount of container cargo processed at South Korean seaports increased 6.4 percent in the second quarter, data showed Tuesday, driven by stronger shipments to the United States and China. The container cargo handled at the country's ports nationwide amounted to 8.1 million twenty-foot equivalent units (TEUs) in the April-June period, up from 7.61 million TEUs recorded a year earlier, according to the Ministry of Oceans and Fisheries. The volume of container cargo handled for exports and

Social AffairsJuly 30, 2024

[Photo News] Celebrating Victory

Hyundai Motor Group Executive Chair Chung Euisun (center), who serves as the president of the Korea Archery Association, celebrates the South Korean national archers' gold medal in the men's archery team event at the 2024 Olympic Games in Paris on Monday. The trio of Kim Woo-jin, Kim Je-deok and Lee Woo-seok beat the French national team in the final match at the Invalides stadium, marking Korea's third title in the men's archery team event at the Olympics. Hyundai Motor Grou

CompaniesJuly 30, 2024

[해커스 TEPS] 텝스 시험대비 단기간 고득점 단어 & 문법 5문제

2) 해커스 텝스 문법 Part Ⅰ Choose the best answer for the blank. 1. A: I think they’re no longer accepting applications. B: Then, they’d _______ waste our time and let us know immediately. (a) better not (b) better not to (c) not better to (d) not better do 해석 A: 그들이 더 이상 신청서를 받지 않는 것 같아. B: 그렇다면, 그들은 우리의 시간을 낭비하지 않고 즉시 우리에게 알려주는 게 좋을 거야. 해설 ‘had better + 동사원형’의 부정문 채우기 빈칸 앞의 had(‘d)가 왔고, ‘그렇다면, 그들은 우리의 시간을 낭비하지 않는 것이 좋을 거야’라는 문맥이 되어야 자연스러우므로, ‘

English EyeJuly 30, 2024

Seoul shares open lower ahead of Fed rate decision, earnings

Seoul shares opened lower Tuesday, following a mixed close on Wall Street, as investors await the Federal Reserve's rate decision and earnings from major tech firms. The benchmark Korea Composite Stock Price Index (Kospi) fell 19.99 points, or 0.72 percent, to 2,745.54 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average fell 0.1 percent to 40,539.93 points, but the tech-heavy Nasdaq rose 0.07 percent to 17,370.20. This week, all eyes are on the Fed's policy

MarketJuly 30, 2024

NK trash balloons disrupt Incheon Int'l Airport operations on 12 occasions: lawmaker

North Korea's recent campaign of launching trash-carrying balloons toward South Korea has disrupted operations of Incheon International Airport, the South's main gateway, on 12 occasions, a lawmaker said Tuesday, citing government data. According to data from the Seoul Regional Aviation Administration submitted to Rep. Yang Bu-nam of the main opposition Democratic Party, runways at the airport have been shut down for a total of 265 minutes across 12 occasions due to the balloons sent f

North KoreaJuly 30, 2024

Huh Mimi wins silver medal in judo

Huh Mimi grabbed the silver medal in the women's -57-kilogram judo competition at the Paris Olympics on Monday, giving South Korea its first medal in her sport in the French capital. Huh lost to Christa Deguchi of Canada in the final at Champ-de-Mars Arena in Paris. The two needed an extra period to determine the winner on a sudden-death, golden score. Huh and Deguchi each had two "shidos," or warnings, with a third shido ending the match in favor of the opponent. Huh was the more

More SportsJuly 30, 2024