Most Popular
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After opposition U-turn, Korea to repeal plan for financial capital gains tax
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North Korea fires ballistic missiles hours before US Election Day
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Amid record-low approval rating, Yoon forgoes Assembly budget address
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Gangnam Station ramming suspect to face detention
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Harris, Trump face off as North Korea tests US on Election Day
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South Korea and Central Asia set stage for first summit
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Local food festivals enjoy unexpected popularity as snacks go viral
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Ruling party leader condemns North Korea troop dispatch as crime against humanity
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[Out of the Shadows] Seoul room clubs offer drugs to compete for clientele
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SK chief vows to tackle AI bottleneck along with Nvidia, TSMC
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[Photo News] Starbucks honors independence patriots
Starbucks Korea said Tuesday that it has donated a piece of handwriting by Korean independence activist Dosan Ahn Chang-ho during an event to support and protect independence patriots, their descendants and heritage.
IndustryAug. 13, 2019
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[Herald Interview] Percussion is more than beats and rhythms
To be a solo percussionist is an unusual career choice, as percussionists are usually a part of a larger team such as an orchestra or band. But Lee Hyun-gi is carving out a successful career as a solo percussionist based in London, and she plays a variety of instruments -- not just the drums but also the vibraphone and her specialty, the marimba, an instrument featuring a set of wooden bars that the player strikes with a pair of rubber mallets.“People are unfamiliar with percussion instrum
PerformanceAug. 13, 2019
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Mouthy ‘nightlife expert’ sniffs out drug scandal ‘By Quantum Physics’
“By Quantum Physics: A Nightlife Venture,” a story about an enormous drug scandal at a nightclub that involves big names, was not actually inspired by the “Burning Sun” drug scandal.“The first draft was written in 2016, and we learned of the (Burning Sun) incident while we were editing the film,” said director Lee Sung-tae, on his upcoming crime movie. “I actually thought I should change that part (about doing drugs in clubs) after one of our young staff
FilmAug. 13, 2019
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[Herald Interview] Donggubat CEO strives for social well-being along with revenue growth
Donggubat CEO Noh Soon-ho, is a millennial business leader who is confident and ambitious about his aspirations to kill two birds with one stone: raise profits and employ people with disabilities to bring about a social change.His social enterprise, founded in 2014, manufactures and sells premium soaps.“I wanted to be referred to as a change-maker before graduating. I thought it was important for me to experience giving my all to a social issue as an undergrad in order for me to not have a
Social AffairsAug. 13, 2019
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Ex-vice minister denies sexual exploitation, bribery charges
Former Vice Justice Minister Kim Hak-eui denied accusations that he received sexual services or bribes from businessmen as his trial opened Tuesday, six years after he first became mired in an orgy scandal. At the first hearing, held in the Seoul Central District Court, Kim’s lawyer accused the prosecution of unreasonably filing bribery charges for the sake of indicting him.“He was stigmatized as a shameless rapist, was subjected to blame and mockery, and was forced to stay silent in
Social AffairsAug. 13, 2019
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Cheonghae Unit sets sail for mission amid speculation of serving in Hormuz Strait
Korea’s anti-piracy Cheonghae Unit on Tuesday embarked on its mission in the Gulf of Aden amid speculation that its final destination may be the Strait of Hormuz.As Washington has been calling for its allies to take part in the “international maritime security mission” in the Strait of Hormuz amid heightened tension with Iran, Seoul has been weighing its options. The naval Cheonghae Unit, one of Korea’s military troops deployed overseas, was seen as the most likely t
DefenseAug. 13, 2019
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[Robert J. Fouser] Why boycotting Japan won’t work
As expected, tensions between South Korea and Japan have continued to worsen. On Aug. 2, Japan followed through with its threat to remove Korea from the “whitelist” of countries that Japan designates as preferential trading partners. This action means that companies exporting select products to Korea will need approval from the Japanese government before exporting. The Japanese government could use the approval process to restrict exports to Korea.The Korean government condemned the
ViewpointsAug. 13, 2019
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[Kim Seong-kon] Proverbs that reflect indiscreet attitude of our society
Proverbs and maxims reflect the society from which they originate. Thus they vary depending on the peculiarities of nations, cultures and civilizations. If you are familiar with a certain nation’s proverbs, therefore, you can easily conjecture about the characteristics of the people of the country. Watching recent social and political disruptions of Korea these days, one can be reminded of Korean maxims that nicely match these situations.Among others, the famous Korean proverb, “You
ViewpointsAug. 13, 2019
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[Editorial] Increase supply
The Land Ministry will adopt a scheme to cap presale prices of apartments to be built on private land. The upcoming step is regarded as the strongest measure ever taken by the government to clamp down on housing prices. Thirty-one “overheated speculative areas,” including all parts of Seoul, are expected to be subject to the measure. In South Korea, when residents reconstruct their decrepit apartments, they usually build more units than they had before. They sell the added units to t
EditorialAug. 13, 2019
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LG Electronics introduces ‘safer’ solar ESS
LG Electronics said Tuesday it has launched a 100 kilowatt all-in-one energy storage system that operates on solar power. According to the company, the new system can store electricity that 30 households can use in a day. It has a capacity of 313 kWh, 14 percent larger than the previous model. A series of fires at 23 ESS facilities had prompted the Ministry of Energy to issue inspection guidelines in December 2018 and June this year. LG said it has added incombustible materials in the all-
IndustryAug. 13, 2019
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Leadership reshuffles to sweep across banking industry
The Korean financial circle is expected to undergo extensive reshuffling in the upcoming months as the chief executive officers of major banking groups will finish their terms early next year. Among them are Shinhan Financial Group Chairman Cho Yong-byoung, whose term will last until the general shareholders meeting slated for March next year. While a candidate recommendation committee will kick off in January, Cho’s bid for reappointment will largely depend on the result of an ongoin
MarketAug. 13, 2019
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[News Focus] Moon weighed down by economy, North Korea
As he approaches the halfway point in his term, President Moon Jae-in is juggling hefty issues on both the international and domestic fronts. On the home front, Moon faces mounting criticism on a wide range of issues. Personnel choices, politics of security and economyIn addition to increasingly tricky international issues, Moon is faced with complex domestic political issues, ranging from high-level personnel choices to accusations that his administration has botched state affairs. In the
PoliticsAug. 13, 2019
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Korea to toughen rules on cross-border M&As concerning key tech
The government said Tuesday it will tighten regulations on cross-border mergers and acquisitions to curb leaks of high-end technologies to other countries and impose harsher penalties on offenders.The Ministry of Trade, Industry and Energy said it has resolved to revise the related law to better prevent leaks of key technologies. The changes will take effect in February 2020, six months after promulgation. This is a follow-up to the government’s pledge in January to eradicate leaks of indu
IndustryAug. 13, 2019
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AI-powered recruitment becomes popular in Korea
With artificial intelligence transforming industries and businesses, South Korean companies are embracing the technology in their recruiting processes. Ranging from tech companies to financial firms, the country’s popular employers have increased the use of AI-powered recruitment robots in determining employees’ job qualifications and personal characteristics. One of the latest companies to join the fray was major mobile carrier KT. For its recruitment slated for later this year,
TechnologyAug. 13, 2019
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Rival mobile carriers join hands, challenge KakaoTalk with upgraded messaging service
In a rare case of collaboration among rivals, South Korea’s three mobile carriers jointly introduced an advanced version of an integrated messaging service Tuesday to compete with the country’s top messenger app, KakaoTalk. According to SK Telecom, KT and LG Uplus, Chatting Plus is now available to mobile subscribers with all three carriers -- but only for Android phones such as the Samsung Galaxy S10 5G. Thanks to Rich Communications Services technology, users can
TechnologyAug. 13, 2019
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Song Kang-ho honored with Excellence Award from Swiss film fest
South Korean actor Song Kang-ho has been awarded the Excellence Award at this year's Locarno International Film Festival in Switzerland, the organizers said Tuesday.Song became the first Asian actor to earn the Swiss film fest's special award that goes to actors or actresses whose work and talent have contributed to enriching the cinema industry.Internationally acclaimed silver-screen stars like Susan Sarandon, John Malkovich, Edward Norton, Bill Pullman and Ethan Hawke are among the past laurea
FilmAug. 13, 2019
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‘Superstar’ Jon Burgerman brings back joy of doodling
The so-called “doodle art genius” who made a splash with his street paintings in Busan and Seoul subways, Jon Burgerman’s works are currently on exhibition at M Contemporary gallery in southern Seoul. Titled “Fun Factory: Superstar Jon Burgerman” and featuring over 230 artworks, this is the Brooklyn-based artist’s second exhibition in Seoul, following “Burgerworld” held in 2015. Burgerman, born in 1979, is a British-born contemporary artist and gra
Arts & DesignAug. 13, 2019
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E-Mart to sell assets, buy back stocks amid grim outlook
E-Mart Inc. said Tuesday that it plans to raise 1 trillion won($820 million) by selling assets as the country's top retailer is struggling with falling profitability amid increased competition with e-commerce giants here.The company said it plans to securitize its outlets worth 1 trillion won by the end of the year and buy back its stocks worth some 100 billion won to boost shareholder value. The measures came as the country's leading discount chain operator swung to the red in the second quarte
IndustryAug. 13, 2019
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Posco’s high-end cryogenic steel for LNG tanks gets green light
The government has approved the use of Posco’s cryogenic high manganese steel for manufacturing liquefied natural gas storage tanks, the company said Tuesday.The decision made after a review by an independent panel on gas technology standardization will be notified by the government, it added.Cryogenic HMS developed by the South Korean steel giant, can withstand temperatures as low as minus 196 degree Celsius, and could replace nickel alloy steel which has been commonly used for LNG storag
MobilityAug. 13, 2019
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BAT Korea launches vaping e-cigarette Glo sens
British American Tobacco launched a fusion technology-based hybrid e-cigarette Glo Sens on Tuesday in South Korea, seeking to counter competition from KT&G’s Lil Vapor and American startup Juul Labs’ Juul. According to the company, Glo sens -- which was launched here first globally -- is powered by Taste Fusion Technology, which combines vaping with real tobacco. By heating a Neo pod, which contains flavored liquid, the vapor goes through a tobacco pod and delivers the
IndustryAug. 13, 2019