Most Popular
-
1
Man arrested 16 years after murdering girlfriend, hiding body in cement
-
2
[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
-
3
Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
-
4
[Exclusive] Democratic Party of Korea forms US election task force
-
5
[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
-
6
Middle East’s big AI push lures Korean tech firms
-
7
Seoul seeks to improve foreign nanny program after two abscond
-
8
[Grace Kao] NewJeans fights Hybe for their survival
-
9
NK nuclear test 'possible' around US election in Nov., says Yoon aide
-
10
Samsung, top banks to create W2tr green growth fund for SMEs
-
[Weekender] On-screen scares for summer
As the sweltering Korean summer sets in, theaters are gearing up to open a series of horror movies for audiences wishing to cool off with goosebumps and chills. Coming soon to the screens are a diverse horror films, from spectral and psychological to survival thrillers. American supernatural horror flick “Sinister 2,” set to open in local theaters on July 7, features ghostly children and demonic sacrifices taking place inside an isolated farmhouse. Directed by Ciaran Foy, it is the sequel to th
FilmJuly 1, 2016
-
Park Yoo-chun questioned on sex assault charges
Police questioned Park Yoo-chun of K-pop group JYJ for eight hours on Thursday evening regarding a series of assault complaints that have been filed against him in the past three weeks. “I’m sorry to have upset many people. I will comply diligently with police inquiries,” Park told reporters before going in for questioning at Gangnam Police Station on Thursday at around 6:30 p.m.Police said they questioned Park on whether coercion was involved in his sexual relations with the four complainants i
PerformanceJuly 1, 2016
-
'Familyhood,' 'The Hunt' top domestic box office
Just within one day of its release, “Familyhood” topped the Korean box office, while second place went to “The Hunt,” which debuted on the same day. Released on Wednesday, “Familyhood” lagged behind “The Hunt” on the first day, but quickly stole the No. 1 spot by Thursday, attracting a total of 255,660 viewers, according to data from the Korean Film Council Friday. “The Hunt” has drawn a total of 234,726 viewers. As of Friday morning, “Familyhood” and “The Hunt” have each grabbed 20.7 percent a
FilmJuly 1, 2016
-
Luxury imported cars stumped by tougher corporate vehicle rules
[THE INVESTOR] The sales of imported automobiles for corporate use has plunged this year, hamstringed by tougher regulations of corporate vehicles. Industry data showed on July 1 that the number of imported cars registered to corporations during the first five months of the year dropped 15.6 percent compared to the same period last year. The fall has been attributed to the regulation changes aimed at preventing corporate vehicles being used for personal purposes. From January to May, 33,071 impo
MobilityJuly 1, 2016
-
[Home Cooking] Miyeok muchim (Seaweed salad)
Here’s a nice, refreshing summer side dish! Miyeok, also known as wakame, is an edible brown sea vegetable that is highly nutritious. Dried seaweed is a staple in Korean pantries and it is used to make soups and salads year round. In its fresh form, miyeok is brown. You may see brown fresh miyeok sold in markets. It turns green when blanched in boiling water. You can use fresh miyeok for this recipe. Once soaked, miyeok turns green, plump and is ready to be eaten. However, blanching it briefly
FoodJuly 1, 2016
-
Jangwon Tech to float IPO in July
[THE INVESTOR] Jangwon Tech, a Korean die casting company, will go public on the tech-heavy KOSDAQ in July, the firm’s chief executive said on June 30. The company plans to use the funds from the initial public offering to “expand its production facilities and diversify product portfolio,” said Park Sae-hyuk, CEO of the firm in a press conference held in Seoul. The company is expected to offer 1.5 million shares to the public against the total issue size of 6,045,000 shares at a tentative price
July 1, 2016
-
Caribbean culture, hotel mergers among travel trends
A couple of developments in the travel industry have been making headlines recently. They may not be in the biggest type, but they’re notable. They’ve gotten me thinking. They’re indicators, I think, of what may be trends that will affect your travels in the near future.What do you think?Culture in the CaribbeanCuba’s hot. Its new prominence at the top of Americans’ list of places to see has gained most of the attention. But Cuba’s new rock-star status is also making waves among government and t
TravelJuly 1, 2016
-
State pension fund reports 4.57% in 2015 rate of return
South Korea's national pension fund said Friday it will closely monitor the markets to avoid any big losses from the post-Brexit turmoil, while releasing a lower-than-average rate of return for last year. The National Pension Service, the world's third largest with 520 trillion won ($450 billion) in assets, reported 4.57 percent in the annual rate of return in 2015, lower than the average return of 4.7 percent for the 2011-2015 period, the NPS said in a statement. This year, the NPS aims to boos
July 1, 2016
-
MasterChef Korea’s Austin Kang on fast track to fame
Chef-celeb Austin Kang had no idea he would be cooking on cable TV.Up until February, he was far away from the limelight, three years deep into working in the kitchen, first at a Mexican fusion restaurant then at a French establishment, racking up experience in the hopes of one day running his own joint. Then, with his friends’ support and advice, Kang auditioned for cable food channel Olive’s “MasterChef Korea Season 4.”“I didn’t feel I was ready for it,” said the 25-year-old chef who remembere
FoodJuly 1, 2016
-
BOK board approves W10 tln recap fund for corporate restructuring
The decision-making board of South Korea's central bank gave its final approval Friday to the establishment of a 10-trillion-won ($8.7 billion) fund to help finance the government-led restructuring in the troubled shipping and shipbuilding industries.The decision came at a special meeting of the monetary policy board, the Bank of Korea said.The money will be used to extend fresh loans to the state-run Industrial Bank of Korea, which in turn will provide necessary funds to local companies undergo
July 1, 2016
-
Korea reports 6th confirmed case of Zika virus
South Korea has confirmed its sixth Zika virus infection in a woman who returned from the Dominican Republic, local health authorities said Friday.The latest Zika patient was discovered 51 days after the fifth case was confirmed here.The 28-year-old South Korean woman has tested positive for the mosquito-borne virus after returning home from the Dominican Republic on June 23, the Korea Centers for Disease Control and Prevention said.The woman, whose identity is withheld, had stayed in the Caribb
IndustryJuly 1, 2016
-
More firms subject to strict antitrust rules in June
The number of South Korean business groups' affiliates subject to restrictions on mutual investments and loan guarantees rose in June from a month earlier, the antitrust watchdog said Friday.The Fair Trade Commission said the number of firms on its monthly watch list came in at 1,770 as of end-June, up 11 from the previous month.Such affiliates are owned by the country's 65 largest business groups, including Samsung Group, Hyundai Motor Group and Kakao Corp., the operator of South Korea's top mo
IndustryJuly 1, 2016
-
Pace of South Korea’s exports drop slows
[THE INVESTOR] South Korea’s exports may be on the recovery path, with the rate of year-on-year drop decreasing to a 12-month low. According to the Ministry of Trade, Industry and Energy, the country’s June exports showed an on-year drop of 2.7 percent -- the smallest decrease recorded since June 2015 -- to come in at US$ 45.3 billion. Since January 2015, Korea’s monthly exports have been declining, with the rate of decrease rising to 19.1 percent in January this year. The figure recorded in the
July 1, 2016
-
June's exports shrink 2.7%, the smallest rate of decline in a year
South Korea's exports shrank for the 18th month in a row in June, falling 2.7 percent from a year ago to $45.3 billion, the trade ministry said Friday.But the rate of export decline was the smallest in a year, according to the Ministry of Trade, Industry and Energy. The rate of decline slowed from a 6-percent drop in the previous month and posted the smallest on-year fall since June last year when it fell 2.7 percent.Imports continued to shrink at a faster clip, falling 8 percent on-year to $33.
July 1, 2016
-
[Around the hotels] Round up of hotel events and news
Escape summer heat at the Ritz-Carlton Seoul The Ritz-Carlton Seoul presents Sunday Escape package for guests seeking a relaxing Sunday break.The package includes 12-hour stay at the Superior Deluxe room during the daytime and lunch at the Oksan Buffet for two adults and one child under the age of 6. The guests could choose to check in either at 9 a.m. or at 10 a.m., avoiding the relentless heat of midsummer.The guests will also be allowed access to the hotel’s indoor swimming pool during the st
TravelJuly 1, 2016
-
[Weekender] Ghost hunting in the dark alleys of Seoul
Amid modern skyscrapers in Seoul, it’s hard to imagine that some horrifying murders or traumatic suicides occurred. But the northern center of the capital city is in fact where many major historical events with dark stories behind took place. Korean history and its appalling stories fascinate Joe McPherson, president of ZenKimchi food blog and the guide of the Dark Side of Seoul tour that runs every Friday and Saturday in the bustling areas of Jongno, Gwanghwamun and Cheonggyecheon Stream. “Th
TravelJuly 1, 2016
-
Samsung’s consumer electronics business to post robust Q2 profit
[THE INVESTOR] Tech giant Samsung Electronics’ consumer electronics business is forecast to see its operating profit for the April-June period surpass 1 trillion won ($870 million). Market analysts also expect Samsung to show a strong business performance in the latter half this year, enjoying the weak Korean won due to Britain’s vote to exit the EU. The CE business will likely see its operating income for the second quarter cross 1 trillion won for the first time since 2009, according to invest
TechnologyJuly 1, 2016
-
LG’s appliance business expected to see record profits in Q2
[THE INVESTOR] LG Electronics is expected to post more than 10 percent operating profit ratio in its appliance business in the second quarter on upbeat sales of more lucrative high-end products, analyst estimates found on July 1. The home appliance and air solutions division enjoyed record sales and operating profit to sales ratio in the first quarter. Especially the operating profit ratio soared to 8 percent in the April-June period and the figure is expected to exceed 10 percent in the second
TechnologyJuly 1, 2016