Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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Over 9,000 hotline calls made by stalking victims in 2023
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Monthly users on local streaming platforms outpace Netflix, Disney+
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Seoul to promote luxurious side of the city
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S. Korea, US lay out respective visions for new defense cost-sharing deal: US negotiator
South Korea and the United States outlined their respective visions for a new bilateral defense cost-sharing deal during their first round of negotiations in Honolulu this week, the top US negotiator said Friday. Linda Specht, senior advisor and US lead negotiator for security agreements at the State Department, made the remarks after the initial round of talks over the deal, named the Special Measures Agreement (SMA) took place from Tuesday through Thursday. The talks are aimed at determining
Foreign AffairsApril 27, 2024
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US probes whether Tesla Autopilot recall did enough to make sure drivers pay attention
The US government's auto safety agency is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure drivers pay attention to the road. The National Highway Traffic Safety Administration says in documents posted on its website Friday that Tesla has reported additional crashes involving Autopilot since the recall, raising concerns at the agency about the effectiveness of the remedy. The recall involved more than 2 million vehicles, nearly
World BusinessApril 26, 2024
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EU toughens safety rules for online retailer Shein
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are big enough to come under stricter safety curbs. The company joins Facebook, TikTok, X, YouTube and others on a list of "very large online platforms" which have more than 45 million monthly active users in the European Union. From the end of August -- four months after the designation -- Shein will have to abide by tougher rules set out in the Digital Services Act (DSA),
World BusinessApril 26, 2024
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S. Korea, Japan could consider simplified entry agreement: Seoul official
South Korea and Japan could consider adopting a simplified entry procedure for people traveling between the two countries, as an effort to keep the momentum going in the dramatic improvement in bilateral relations, a Seoul official said Friday. The official made the suggestion as one of the possibilities that the two neighbors could explore, likening the idea to the Schengen Agreement in Europe that allows nationals of the signatory countries and eligible members to travel freely without borde
Foreign AffairsApril 26, 2024
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New chief named to anti-corruption body
President Yoon Suk Yeol on Friday named a new chief prosecutor of the Corruption Investigation Office for High-Ranking Officials, after a vacancy of about three months. Oh Dong-woon, formerly a judge and attorney, was nominated to lead the CIO, which is currently spearheading a high-profile investigation into the death of a Marine in July last year. Cpl. Chae Su-geun died at the age of 20 when he was swept away in moving water during a search and rescue operation to find people who had gone miss
PoliticsApril 26, 2024
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[Herald Interview] Noam Segal of Guggenheim Museum pushes for technology-based art with LG
As technology continues to evolve, art also expands its horizon with artists exploring technology-based art. The Solomon R. Guggenheim Museum’s LG Guggenheim Art and Technology Initiative launched last year aims to support such pioneering artists. Noam Segal, an LG Electronics associate curator, considers pioneering artists to be those who inspire understandings of how technology shapes and is shaped by society. Segal joined the museum to helm the five-year initiative with Korean conglomer
Arts & DesignApril 26, 2024
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Hybe refutes Ador CEO Min's denial of breach of trust
Hybe Entertainment said Friday the company is confident that Ador CEO Min Hee-jin was formulating deliberate plans for the subsidiary to break free from its umbrella company, amid continued mudslinging between Hybe and Min over allegations of the CEO committing breach of trust. On Thursday, Hybe released personal messages between Min and Ador’s vice president, which contained a conversation concerning plans to separate from the parent company. During a press conference later in the day,
K-popApril 26, 2024
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Experts raise concerns about Japan putting pressure on Naver over Line
Experts have raised concerns over the Japanese government's action to pressure Korean portal giant Naver to cut its control of Line, the messaging app used by over 70 percent of the Japanese population, calling it an "unprecedented” case between the two countries with friendly relations. Since last month, Japan's Ministry of Internal Affairs and Communications has directed Tokyo-based LY Corp., the operator of Line, to lower its dependency on Naver in the wake of a data brea
IndustryApril 26, 2024
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South Korea to launch space security center under spy agency
South Korea is preparing to establish a center for space security under the National Intelligence Service. Under the revisions to the presidential decree that took effect Tuesday, the NIS is set to operate the National Space Security Center, dedicated to intelligence activities concerning the space sector. With the center’s launch, the country’s spy agency will have the authority to respond to threats to space assets and systems of the country and other enemy threats in the space dom
DefenseApril 26, 2024
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Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation
Korea’s top finance firms -- KB, Shinhan, Hana, Woori and NongHhyup -- have set aside a total of nearly 1.7 trillion won ($1.2 billion) in reserve for the compensation of losses related to the misselling of equity-linked securities products tracking the Hang Seng China Enterprises Index in Hong Kong. While KB Financial Group, the top seller of the ELS products, set aside 862 billion won to cover the compensation, NongHyup and Shinhan each allocated 341.6 billion won and 274 billion won.
IndustryApril 26, 2024
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First-ever meeting of president, opposition chief set to finally happen
President Yoon Suk Yeol and Rep. Lee Jae-myung, the leader of the main opposition Democratic Party of Korea, have finally decided on a date for their first-ever meeting, after days of back and forth since the National Assembly election on April 10. The Democratic Party said Friday Lee is set to speak with the president over tea at 2 p.m. on April 29, in what will be the first meeting between the two rivals since the Yoon administration took office nearly two years ago. Lee’s chief secretar
PoliticsApril 26, 2024
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[Today’s K-pop] NewJeans' single teasers release amid intrigue
NewJeans uploaded teaser photographs for its upcoming single album Friday, via agency Ador. The five bandmates went for a hip and sporty look with the single “How Sweet,” with each showing off their charms in different styles. The double single will be available in two versions. For one of them, the group has collaborated again with American animation "The Powerpuff Girls," after having previously teamed up with the cartoon heroes for second EP “Get Up.” The a
K-popApril 26, 2024
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More med professors to take day off each week while govt. urges them to stay
With concerns only deepening over the disruption of the health care system in South Korea, amid the standoff between doctors and the government continuing for 10 weeks over the government's plan to hike the medical school enrollment quota, medical professors at the country's "big five" hospitals decided on Friday to suspend treatment for one day a week. Professors at St. Mary's Hospital said they will join the suspension of treatment following professors at Seoul Nationa
Social AffairsApril 26, 2024
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Seoul shares rise 1% on tech, financial gains despite overnight US losses
South Korean stocks closed higher Friday as investors purchased tech and financial blue chips despite overnight losses on Wall Street. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index rose 27.71 points, or 1.05 percent, to 2,656.33. Trade volume was moderate at 443 million shares worth 9.93 trillion won ($7.21 billion). Winners outpaced losers 460 to 405. Institutions and foreign investors combined bought a net 537 billion won, while retail investors unl
MarketApril 26, 2024
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Jeju Air opts out of Asiana Airlines' cargo division bid
During the bidding process among domestic low-cost carriers for the acquisition of Asiana Airlines' cargo division, Jeju Air, previously considered the front-runner, has chosen not to participate in the bidding. According to industry sources, the main bidding process, organized by financial services firm UBS for the sale of Asiana Airlines' cargo plane division on Thursday, saw the participation of three budget airlines: Eastar Jet, Air Premia and Air Incheon. Jeju Air did not submit a
IndustryApril 26, 2024
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
Analysts say that while the recent feud between Hybe Entertainment and its sublabel Ador could result in short-term fluctuations in Hybe's stock prices, any long-term effects on Hybe's performance will be limited due to Ador's limited contribution to Hybe's overall performance. On Friday, shares of Hybe started at 206,000 won ($149) per share, a 11.7 percent drop compared to when the main bourse, Kospi, opened Monday, when they were 233,500 won per share, before the Hybe-Ador
K-popApril 26, 2024
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Legoland Korea Resort to open until 9 p.m.
Legoland Korea Resort, a theme park in Chuncheon, Gangwon Province, announced that it will extend its operating hours so as to allow guests to enjoy its rides and attractions at night. The theme park will stay open until 9 p.m. on Saturdays in May. It will also stay open until 9 p.m. on May 5, Children's Day. Visitors will be treated to a stunning nighttime view of Chuncheon at the theme park’s 43-meter observatory for the first time, according to the theme park official. A Dance perf
TravelApril 26, 2024