Hyundai Card to supply AI solutions to Japan’s Sumitomo Mitsui

Hyundai Card announced Thursday that it has secured a global deal to sell its self-developed artificial intelligence software. The Korean card issuer signed an agreement to sell its AI software, known as Universe, to Japan's Sumitomo Mitsui Card Co., marking the first AI software export deal by a Korean financial company. While the exact financial details were not disclosed, Hyundai Card stated the deal is valued at several tens of billions of won. Universe is a hyperpersonalized platform b

IndustryOct. 17, 2024

LG Chem to develop plant-based cosmetics ingredient

LG Chem said Thursday that it plans to commercialize an eco-friendly ingredient derived from plant-based oils for cosmetic products, becoming the first to do so. The South Korean chemicals giant is set to develop functional cosmetics using 100 percent bio-based 3-hydroxypropionic acid, a compound produced through the microbial fermentation of plant materials. This marks the first time 3HP will be applied as a cosmetics ingredient. While 3HP is considered as an innovative bio-material with vast p

CompaniesOct. 17, 2024

[Photo News] New Hyundai Casper

Hyundai Motor Company launched the new Casper, an upgraded model of the subcompact sports utility vehicle first released in 2021, in the Korean market on Friday. According to the automaker, the new Casper sports a stronger and more stylish design than the previous version while offering a wider range of safety features and convenient functions. The price for the new Casper, which is sold under the name Inster in overseas markets, is set to begin at 14.5 million won ($10,615). (Hyundai Motor Grou

MobilityOct. 17, 2024

[Photo News] Rolls-Royce Cullinan with new Grille

Rolls-Royce Motor Cars introduced the refined Cullinan Series II and Black Badge Cullinan Series II in Korea on Thursday, with updates that hone the SUV’s reputation. The first-ever Illuminated Pantheon Grille lends a modern touch to the vehicle’s already iconic front fascia, enhancing its presence in low light. Inside, the new Duality Twill upholstery, made from bamboo-based rayon, features a unique natural texture and is intricately embroidered with up to 2.2 million stitches, taki

MobilityOct. 17, 2024

Samsung to debut advanced DRAM chip for AI next year

Samsung Electronics, the world's largest memory chip maker, said Thursday it has developed the industry’s first 24-gigabit GDDR7 DRAM, set for a market debut early next year. Compared to the previous 16Gb GDDR7 DRAM, the new chip has improved capacity, performance and power efficiency, the company said. Samsung applied 12 nanometer-class processing technology to increase cell density within the same package size, achieving a 50 percent increase in capacity compared to the predecessor.

TechnologyOct. 17, 2024

Most 'avoidable' deaths in Army were suicides: report

An overwhelming majority of what are deemed "avoidable deaths" in the South Korean Army last year were soldier suicides, Ministry of National Defense data showed Thursday. A total of 44 avoidable deaths -- designated Type 1 deaths -- occurred in 2023, according to the data submitted to Rep. Hwang Hee of the main opposition Democratic Party of Korea. Suicides accounted for 41 of them, or 93.2 percent, which was the highest percentage of suicides among Type 1 deaths since the 70.7 percen

Social AffairsOct. 17, 2024

Drunk driver rams truck into car accident scene, kills 2

Two women at the scene of a minor car accident were killed after being run over by a truck driven by a drunk driver in South Jeolla Province, officials said Thursday, shortly before another similar tragedy by a truck driver occurred in the same region. According to the Jeonnam Fire service, the victims had exited their vehicles on a road in the Yeongam-gun region of the province on Wednesday after their cars collided with each other. The two were discussing matters related to the accident when a

Social AffairsOct. 17, 2024

Yoon's office vows to press ahead with reforms after ruling party's by-election wins

The office of President Yoon Suk Yeol vowed Thursday to push for major reform agenda items after the ruling People Power Party won crucial by-elections on its home turf. The PPP secured victories in its traditional stronghold constituencies -- Busan's Geumjeong District and Incheon's Ganghwa County -- in Wednesday's by-elections as the party seeks to recover from waning approval ratings for both Yoon and the party following its crushing defeat in the April 10 parliamentary electio

PoliticsOct. 17, 2024

N. Korean hackers steal $3b in cryptocurrency since 2017 to fund nuclear program: report

North Korean hackers have stolen an estimated US$3 billion worth of cryptocurrency since 2017, using the funds to support the regime's nuclear and missile programs, a Microsoft report showed Thursday. Of that amount, between $600 million and $1 billion was stolen just last year, based on Microsoft's Digital Defense Report for 2024. The report highlights that these stolen funds have financed over half of Pyongyang's nuclear development efforts. Since last year, Microsoft has identi

North KoreaOct. 17, 2024

Ruling party chief again calls for first lady's withdrawal from public activities

Ruling party leader Han Dong-hoon on Thursday called again for first lady Kim Keon Hee to withdraw from public activities following the party's wins in crucial by-elections the previous day. Han of the People Power Party also reiterated his call for a presidential office reshuffle to remove those considered close to Kim and exercising undue influence on state affairs. "First lady Kim Keon Hee should refrain from public activities in keeping with her promise during the presidential elec

PoliticsOct. 17, 2024

[해커스 TOEIC] 토익 점수 Up 단어, Part 5 문제

2) 파트 5 3문제 1. When the novel was first printed, the publisher considered an initial printing of 10,000 copies to be -------. (A) sufficient (B) competent (C) lengthy (D) exuberant 해석 그 소설이 처음 인쇄되었을 때, 그 출판업자는 처음 10,000부의 인쇄가 충분할 것이라고 생각했다. 해설 형용사 어휘 문제 ‘그 출판업자는 처음 10,000부의 인쇄가 충분할 것이라고 생각했다’라는 문맥이 되어야 하므로 ‘충분한, 흡족한’이라는 뜻의 형용사 (A) sufficient가 정답이다. 참고로 (B) competent는 ‘유능한’, (C) lengthy는 '너무 긴, 장황한’, (D) exuberant는 ‘열광적인’의 의미임을 알아둔다

English EyeOct. 17, 2024

Finance minister calls for thorough preparations for uncertainties over US politics

Finance Minister Choi Sang-mok on Thursday called for thorough preparations for uncertainties stemming from the upcoming presidential election in the United States. Choi made the remarks during a ministerial meeting on external economics, also pointing to escalating tensions in the Middle East as major external challenges, according to the Ministry of Economy and Finance. "The US presidential election is just about 20 days away, and there is a possibility of a wider conflict in the Middle E

PoliticsOct. 17, 2024

Trump says America 'can't be taken advantage of any longer,' hints at possible SMA renegotiation

Former President Donald Trump said Wednesday that America "cannot be taken advantage of any longer in trade and in the military," reinforcing speculation that he could demand renegotiation of a recent defense cost-sharing deal with Seoul if he returns to office. The Republican presidential candidate made the remarks during a televised town hall event hosted by Fox News, falsely claiming that South Korea does not pay for the stationing of the 28,500-strong US Forces Korea. "South K

Foreign AffairsOct. 17, 2024

Seoul shares open tad higher on US gains

South Korean shares opened a tad higher Thursday tracking overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index (Kospi) added 1.75 points, or 0.07 percent, to 2,612.11 in the first 15 minutes of trading. US stocks rebounded on Wednesday, one day after posting sharp declines on concerns of a downturn in the artificial intelligence and semiconductor market. The Dow Jones Industrial Average gained 0.79 percent to close at 43,077.70, with the tech-heavy Nasdaq advancing 0.2

MarketOct. 17, 2024

NK constitution 'clearly' defines S. Korea as 'hostile' state: KCNA

North Korea said Thursday its constitution clearly defines South Korea as a "hostile state," highly suggesting that Pyongyang has amended its constitution in line with leader Kim Jong-un's order to codify the South as an enemy, not a partner for reconciliation and unification. The Korean Central News Agency made the report while reporting on the North's blowing up earlier this week of roads and railways connected to South Korea that were once considered key symbols of inter-K

North KoreaOct. 17, 2024

[Graphic News] S. Korea rises to 26th in World Talent Ranking

South Korea ranked 26th out of 67 countries in the World Talent Ranking 2024 report by the International Institute for Management Development in Switzerland, scoring 63.56 points. This marks a notable improvement, as the country had previously dropped from 34th in 2021 to 38th in 2022, before rebounding to 34th last year and climbing eight places this year. The ranking scores countries’ development, retention and attraction of a domestic and international highly-skilled workforce to eval

World NewsOct. 17, 2024

[팟캐스트] (628) "여자도 군대가면 전우애로 출산율 올라간다" 발언 논란

진행자: 박준희, Chelsea Proctor Conscripting women to lead to 'more babies,' claims military think tank 기사 요약: 국방부 산하 한국군사문제연구원 원장이 ‘여성이 군대에 가면 전우애가 생겨 혼인율과 출산율이 올라갈 것’이라는 취지의 발언으로 구설에 올랐다. [1] The chief of a military think tank in South Korea has sparked controversy after suggesting that conscripting women into the military could boost marriage and fertility rates. * Chief: 최고위자 * Suggest: 제안하다 * Boost: 북돋우다 * Fertility rate: 출산율 [2] “We have reached a point where wom

PodcastOct. 17, 2024

[Wang Son-taek] Is the risk of another Korean War higher than ever?

The possibility of a war on the Korean Peninsula is once again in the spotlight. Robert Manning, a distinguished fellow at the Stimson Center, recently argued that the risk of conflict is the highest it has been since the 1950-53 Korean War. While the timeliness of this assessment is understandable, it is necessary to approach such claims with caution. The argument that the risk of war has escalated sharply is accurate in some respects and exaggerated in others. Tensions on the Korean Peninsula

ViewpointsOct. 17, 2024

[Mariana Chilton] The destructive legacy of mass starvation

In the year since Hamas’s Oct. 7, 2023, terrorist attack, Israeli forces have killed an estimated 41,200 Palestinians, including 16,700 children, according to the Gaza Health Ministry. But a recent letter in The Lancet puts the true death toll in Gaza much higher, at more than 186,000, when counting those killed as an indirect result of the conflict. Severe food shortages are certainly a contributing factor. Israel’s blockade and devastating bombing campaign have prevented the entry

ViewpointsOct. 17, 2024