Most Popular
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Military aircraft evacuating S. Koreans in Lebanon returns home
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Seoul Fireworks Festival ends smoothly, but leaves piles of trash
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Yoon set for talks with Marcos in Philippines
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[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
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Baseball star Hwang Jae-gyun, T-ara's Jiyeon file for divorce mediation
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Can Jennie break the K-pop solo artist slump?
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2 US B-1B bombers conducted joint drill with S. Korean Air Force on Oct. 1 Armed Force Day
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[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
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Firefighters’ 3,000 won meals spark nutrition concerns
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From thrillers to animation: Netflix's 2025 Korean originals promise universal fun, fresh stories
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GS E&C introduces big data-based smart home system
GS E&C introduces big data-based smart home systemGS Engineering & Construction Corp., a major builder in South Korea, on Thursday introduced a big data-based smart home system that can control the living environments of people's residences with deep learning technologies. GS E&C said its Xi AI platform is the first big data-based smart home solution developed by a local builder. The system can analyze and collect various home data, ranging from fine dust controls to elevator movemen
Nov. 21, 2019
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Samsung unveils voice-controlled AI speaker
Samsung Electronics Co. on Thursday introduced a new voice-controlled artificial intelligence speaker compatible with a comprehensive range of home appliances regardless of their brand or ability to connect to the internet.The Korean tech giant showcased the Galaxy Home Mini during Samsung Bixby Developer Day at Sejong University in Seoul. Bixby is the name of Samsung's voice-powered digital assistant. "Galaxy Home Mini is equipped with four infrared remote transmitters and receivers to cov
Nov. 21, 2019
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LG Uplus partners with Nreal to launch AR glasses in early 2020
LG Uplus Corp. said Thursday it has signed an exclusive deal with mixed reality display developer Nreal to launch augmented reality glasses in South Korea in early 2020.The Korean telecom operator unveiled Nreal Light AR glasses by the Beijing-based startup to show off its AR applications on LG Electronics Inc.'s 5G smartphone V50S ThinQ.AR overlays digital content on top of the real world and is primarily experienced via a wearable glass device, a head-mounted display or through smartphone appl
Nov. 21, 2019
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S. Korea's exports down 9.6 % in first 20 days of November
South Korea's exports fell 9.6 percent in the first 20 days of November mainly due to decreased shipments of semiconductors and ships, customs data showed Thursday.The country's exports stood at $28.2 billion in the Nov. 1-20 period, compared with $31.2 billion in the same period last year, according to the Korea Customs Service.The average daily exports -- which reflect working days -- also declined 9.6 percent on-year to $1.82 billion.By product, exports of semiconductors and ships fell 23.6 p
Nov. 21, 2019
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S. Korea to scale down operation of coal plants over winter
South Korea's industry ministry said Thursday it will scale down the operations of local coal plants to 80 percent of their capacity starting in December in a broader effort to deal with a spike in fine dust here.The ceiling will come into effect from December to February 2020, according to the Ministry of Trade, Industry and Energy. It marks the first time for South Korea to limit the operation of coal power plants over the winter. The move came as South Korea has been making efforts to reduce
Nov. 21, 2019
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Hotel Shilla launches global brand for overseas operations
Hotel Shilla, a leading hospitality and duty-free operator in South Korea, unveiled the brand identity of its global operations -- Shilla Monogram -- on Wednesday, prior to the February opening of its first overseas hotel in Vietnam’s resort city of Da Nang.To minimize operational risk in the new market, Hotel Shilla will operate the new Da Nang hotel of Shilla Monogram by forging a contract with a third party. It will consist of 300 rooms in a nine-story building. According to the company
Nov. 20, 2019
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Ediya Coffee opens 3,000th store in Daejeon
Ediya Coffee said it has opened its 3,000th store in Daejeon on Wednesday, setting a new record as a local coffee franchise in the country. Ediya opened its first store in Seoul 18 years ago.According to the coffee franchiser, it has opened at least 300 stores each year within recent six years. Besides Ediya, only bakery franchise Paris Baguette from SPC Group runs over 3,000 stores in the country. To strengthen its competitiveness amid business expansion, Ediya said it has appointed two in
Nov. 20, 2019
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Samsung Bioepis gears up for approval of Avastin biosimilar in US
The clock has started ticking for the approval process of Samsung Bioepis’ fifth biosimilar in the US. The company said Wednesday that the US Food and Drug Administration has agreed to review the license application it submitted in September for SB8, a biosimilar candidate referencing Avastin (bevacizumab). Avastin is a blockbuster biologics drug of Roche that prevents tumor growth by blocking blood supply. It inhibits a protein called vascular endothelial growth factor that creates
Nov. 20, 2019
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FTC reviews legal actions against Mirae Asset owner family for alleged profiteering
South Korea’s antitrust watchdog is likely to press a charge against Mirae Asset Financial Group over allegations that the controlling family of the financial empire has been illegally benefitted from suspicious intra-trading deals, the authorities confirmed on Wednesday. Ending a two-year investigation, the Fair Trade Commission said it has recently sent a review report to the group, stating that Chairman Park Hyeon-joo and his family made financial gains through Mirae Asset Consulting, a
Nov. 20, 2019
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S. Korea seeks to expand flights on non-Japan routes
South Korea's transport ministry said Wednesday it is seeking to increase the number of flights on non-Japanese routes as part of efforts to help airlines suffering lower travel demand to Japan. The government is in talks with the aviation authorities in Singapore, Indonesia and Brunei to supply more flights to the countries, the Ministry of Land, Infrastructure and Transport said in a statement. It plans to extend the talks with the aviation authorities in Central Asia next year in order t
Nov. 20, 2019
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[News Focus] Trade disputes between Korea and Japan show no sign of abating
Escalating trade tension between South Korea and Japan shows no sign of abating as two rounds of bilateral talks to resolve disputes triggered by Japan’s export curbs could not reach common ground. On Tuesday, the two neighboring nations held the second round of talks at the World Trade Organization in Geneva after failing to reach a consensus at the first consultations on Oct. 11. “During two rounds of six-hour intensive consultations, the two nations became more aware of each other
Nov. 20, 2019
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Yuhan targets market for female health probiotics
With South Korea’s market for health supplements growing, demand for female health-oriented probiotics is also expected to rise. Yuhan Care, a health supplement and beauty spinoff of Yuhan Corp., held a press event Tuesday to introduce the market’s outlook and the technology behind its newly launched UREX probiotics product, Inner Flora. The man behind the development of probiotics was invited to speak on the matter.At the event, Gregor Reid, the first scientist to discover the benef
Nov. 19, 2019
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Major entertainment firms tipped to log better earnings in 2020
South Korea's major entertainment agencies are expected to see improved earnings next year on growing album sales and global activities of their idol groups, analysts said Tuesday. SM Entertainment and JYP Entertainment, the two largest agencies by market capitalization, reported better-than-expected third-quarter earnings, and they are poised to deliver further improvement in their bottom lines, according to them. SM Entertainment's July-September sales rose to 173.5 billion won ($148.5 mi
Nov. 19, 2019
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McDonald’s holds open-kitchen event to highlight food hygiene
McDonald’s Korea said it invited customers to its stores nationwide Tuesday for an open-kitchen event to highlight its food hygiene and safety system.The firm received applications last week from 1,600 customers hoping to participate in the event. The participants could visit any of McDonald’s 310 branches nationwide to survey its management of inventory, kitchen hygiene and the cooking process. A session was held on how McDonald’s cooks its burger patties. The company exp
Nov. 19, 2019
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AmCham to host second Women’s Leadership Forum 2019
The American Chamber of Commerce in Korea and Amway Korea will host the second Women’s Leadership Forum 2019 in Seoul on Wednesday to examine female leadership here and discuss ways to foster gender balance. “Policy support is needed to promote women’s economic activities and startups. We hope this forum will serve as an opportunity to reconsider ways to improve female leadership in corporates and foster next-generation female talent,” AmCham Chairman and CEO James Kim sa
Nov. 19, 2019
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KAI seeks new orders from Thai air force
Korea Aerospace Industries, South Korea’s sole aircraft manufacturer, is participating in a four-day exhibition in Bangkok to promote its technological competitiveness and to pursue new contracts from the Southeast Asian country, ranked 26th in military strength.At the Defense and Security 2019, KAI will introduce three major products that have already won international recognition for their advanced technological features and competitive prices. The list includes KT-1, a single engine tur
Nov. 19, 2019
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HHI Group appoints Kwon Oh-gap as new chairman
Hyundai Heavy Industries Group has appointed Vice Chairman Kwon Oh-gap as the group’s new chairman, according to the firm on Tuesday. The new leader, who joined Hyundai Heavy in 1978, served as director of the firm’s London and Seoul branches and president of Hyundai Heavy Industries Sports. Kwon was the first president of the group’s refinery unit Hyundai Oilbank in 2010. He was recognized for his management ability by growing the company’s operating profit of 130 b
Nov. 19, 2019
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Posco, Kiswel demonstrate advanced welding solution at Fabtech 2019
South Korea’s largest steelmaker said Tuesday it had demonstrated a welding solution jointly developed with its client Kiswel at North America’s largest metal-forming event. At Fabtech 2019 in Chicago last week, Posco and Kiswel promoted their welding materials and welding technologies suitable for high-strength steel for automobiles and construction as well as cryogenic steel for liquefied natural gas storage tanks and marine structures. Fabtech is North America’s larges
Nov. 19, 2019
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FTC sets up special team to probe Naver, Google
South Korea’s antitrust watchdog is set to investigate unfair business practices by dominant tech firms -- both local and foreign -- through a new special task force team, according to officials Tuesday.The nation’s largest search engine firm Naver is likely to become the first target, they noted. Led by Fair Trade Commission Secretary-General Chae Kyu-ha, the 15-member team will examine separate categories -- online platforms, mobile services and intellectual property rights. The on
Nov. 19, 2019
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SK Telecom launches 5G-based VR zone
SK Telecom Co. said Tuesday it has launched a virtual reality zone in partnership with major IT companies at home and abroad to provide various content available on its 5G network.South Korea's leading mobile carrier said users can create their own avatars in its VR space, Virtual Social World, to enjoy various activities in seven different themes. As VR content needs a compatible headset, SK Telecom said it collaborated with social networking giant Facebook to launch the head-mounted displ
Nov. 19, 2019