Most Popular
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Korea enters full election mode
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Immigrant woman stabbed to death by Korean husband
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Official campaigning kicks off for April 10 elections
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Lee Jong-sup resigns as envoy to Australia
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Yellow dust engulfs S. Korea, advisory alert issued
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S. Korea to boost support for single-parent families
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Court upholds jail term for man who attempted to murder ex-girlfriend
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Kia EV9 wins world car of year
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Korea misses out on global bond index boost
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[Korea Quiz] Resurgence of Korean traditional desserts
Find the answer at the bottom. Retro has become the latest dessert fad in South Korea. Dubbed “halmaenial,” the trend has seen millennials embrace the tastes and preferences traditionally associated with their grandparents' generation. Halmaenial is a portmanteau of "halmae," the Korean word for granny, and "millennial." Enjoying renewed popularity are traditional Korean snacks yanggaeng, yakgwa and yugwa. Recently, yanggaeng, or sweet red bean jelly, has s
Hashtag KoreaMarch 27, 2024
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Seoul shares end nearly flat; won dips to nearly 4-month low
South Korean stocks finished nearly flat Wednesday ahead of the releases of key US inflation data as investors cashed in recent gains. The local currency fell sharply against the US dollar. The benchmark Korea Composite Stock Price Index dropped 1.98 points, or 0.07 percent, to close at 2,755.11. Trade volume was moderate at 482.5 million shares worth 11.3 trillion won ($8.38 billion), with losers outnumbering winners 499 to 367. Individuals and institutions led the slight decline, dumping a net
MarketMarch 27, 2024
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LG vows W100tr investment in Korea with R&D focus
LG Group unveiled a plan Wednesday to invest 100 trillion won ($74.3 billion) in South Korea by 2028 as it seeks to secure technological competitiveness and expand new growth engines. The announcement was made during the regular shareholders meeting of its holding company LG Corp., held at the Seoul headquarters earlier in the day. The company said the planned investment accounts for 65 percent of LG’s overall global investment by 2028, which reflects its commitment to driving innovation a
TechnologyMarch 27, 2024
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
Hyundai Motor Group announced Wednesday a grand plan to invest 68 trillion won ($50.7 billion) in Korea and create 80,000 jobs by the end of 2026 to secure future growth engines as a global first mover in the mobility sector. According to the auto conglomerate, 31.1 trillion won, about 46 percent of the investment, will be assigned to research and development to secure core technologies in improving product competitiveness, electric vehicle transition, advancing software-defined vehicles and int
MobilityMarch 27, 2024
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[Hello India] Corporate Korea sees new growth drivers in India
Amid the escalating US-China rivalry, global supply chains are being reshaped and India, the world’s fifth-largest economy, is getting fresh attention from South Korean tech giants. India boasts the world’s largest population, at over 1.4 billion people, and a robust economy that has experienced substantial growth over the last three decades. Korea’s major conglomerates, which have already secured a sizeable footing in the burgeoning market, are more recently pouring resources
TechnologyMarch 27, 2024
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SK hynix aims to boost profits with advanced HBM chips
In the latest artificial intelligence boom, SK hynix will boost sales of its high bandwidth memory, or HBM, a critical chip to generative AI tools, to improve profitability, SK hynix Chief Executive Officer Kwak Noh-jung said at a general shareholders meeting Wednesday. Concerning the Wall Street Journal's report on SK hynix' plan to invest $4 billion to build an advanced chip packaging facility in Indiana, Kwan said nothing has been decided yet. "Even if (the market) experiences
IndustryMarch 27, 2024
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
South Korean e-commerce firm Coupang on Wednesday pledged to invest 3 trillion won ($2.23 billion) over the next three years to expand its signature Rocket Delivery service nationwide by 2027. The company's logistics network is expected to be drastically expanded, with eight new fulfillment centers being built by 2026. The centers also will feature more advanced automation technology to improve operational efficiency overall. Following the expansion, Coupang said that its overnight Rocket D
IndustryMarch 27, 2024
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
On a rainy Monday afternoon in Dongjak-gu, southwestern Seoul, four-term lawmaker and star politician Na Kyung-won stepped inside the underground Sadang Station around 5:50 p.m. to greet tired commuters returning home from work. Faces of several Dongjak-gu residents who spotted the 60-year-old former judge-turned-politician lit up as they approached her to shake hands. Some even took photos with her, acting like excited fans who finally met their rock star. Greeting commuters returning from wo
PoliticsMarch 27, 2024
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Ruling party leader pledges to relocate National Assembly to Sejong
The ruling party interim leader pledged Wednesday to relocate the National Assembly to the administrative city of Sejong to balance out the political power currently concentrated in the nation’s capital. Han Dong-hoon, the interim chief of the People Power Party, revealed plans to push for “complete relocation of the National Assembly to Sejong to end an era of Yeouido politics,” in a press conference held some two weeks ahead of the April 10 legislative election. Yeouido, an
PoliticsMarch 27, 2024
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[Herald Interview] Son Suk-ku chooses to be swayed by others in navigating life
Just weeks after appearing as a relentless detective in the Netflix original “A Killer Paradox,” actor Son Suk-ku met with reporters for the promotion of his new film “Troll Factory.” “I haven’t rested a single day since the start of the year except for the public holiday in January,” Son told reporters in an interview in Seoul on Friday. “I’m constantly tired. I wake up, go to work, back home and sleep. I have also opened my own agency and i
FilmMarch 27, 2024
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Four Korean entries among 2024 Asia’s 50 Best Restaurants
The 2024 Asia’s 50 Best Restaurants list has revealed the top 50 selected restaurants in Asia, with four restaurants in Seoul among the rankings. Japan’s neo-French style restaurant Sezanne, helmed by British-born chef Daniel Calvert, was announced as the top winner at an awards ceremony held at the Grand InterContinental Seoul Parnas on Tuesday evening. The ceremony marked the finale to the gastronomic summit that kicked off this year’s edition in Seoul on Saturday, gathering
FoodMarch 27, 2024
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Changdeokgung to open spring nighttime tours
Tickets for the annual spring nighttime tours of Changdeokgung will go on sale at 4 p.m., Thursday. On Thursday through Sunday from April 11 to June 2, six tours will take place per day -- three starting a little past 7 p.m. with another three starting around 8 p.m. The guided tours will start at Donhwamun, the palace’s main gate, making stops at the various halls and residential quarters -- including Injeongjeon, the palace’s main hall, where Joseon-era kings oversaw state affairs,
CultureMarch 27, 2024
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HD Hyundai vows to enhance support for foreign workers
HD Hyundai Chair Kwon Oh-gap and top executives convened Wednesday for a luncheon with foreign national workers at an Ulsan work site, pledging enduring support for their welfare. The gathering, held at a VIP restaurant within the HD Hyundai Heavy Industries headquarters, included a total of 42 foreign employees from seven countries such as Vietnam and Uzbekistan who work at the group’s shipbuilding affiliates and their partner firms. Along with Chair Kwon, Presidents Lee Sang-kyun and Noh
IndustryMarch 27, 2024
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Unification Ministry nurtures hope for detainees in N. Korea
South Korea's Ministry of Unification has intensified efforts to raise awareness, both domestically and internationally, regarding South Koreans who have been abducted, detained forcibly and held as prisoners of war in North Korea. At the heart of the campaign is the distribution of symbolic badges adorned with three forget-me-not flowers, both at home and abroad. This emblem symbolizes the "right to not be forgotten" for abductees, detainees and POWs, reflecting the government
North KoreaMarch 27, 2024
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Investment banking veteran takes helm at NH Securities
Yoon Byung-un, an investment banking veteran, officially took office as the CEO of local brokerage house NH Investment & Securities, after winning approval at the annual shareholders’ meeting Wednesday. “We must be ready to make another leap without being satisfied with the present. The first part of the preparation is bringing together the capability (of our organization),” Yoon said in an inauguration speech during the meeting at the firm's headquarters in Yeouido, w
IndustryMarch 27, 2024
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Asian musicians to perform at Paradise City in June
Paradise City in Incheon is set to mesmerize music fans with an Asian music festival in June. The Asian Pop Festival, hosted by Paradise Culture Foundation and APF Co., will take place June 22-23 at Paradise City, Yeongjongdo, Incheon, and will feature well-known artists from different countries in Asia. The first lineup announced Wednesday includes Korean musicians such as Kim Chang-wan Band, Nell, Playbook, Yeoyu and Seolbin, Lang Lee, Glen Check and CHS. Taiwan's No Party For Cao Dong,
PerformanceMarch 27, 2024
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[Herald Review] 'Parasyte: The Grey,' run-of-the-mill monster horror series that lacks charm of original manga
"Parasyte: The Grey," the ambitiously re-imagined series by star director Yeon Sang-ho, is a run-of-the-mill monster horror show that fails to capture the charm and essence of the original manga. The 6-part Netflix original series follows the story of Jung Soo-in (Jung So-nee) as she is partially turned into a monster after an alien species called the Parasytes invade Earth. The series is set in the universe of the popular Japanese manga series "Parasyte," but completely de
TelevisionMarch 27, 2024
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Dialogue hopes fade as doctors pick hard-liner as new head
The Korean Medical Association, a group that represents some 140,000 doctors, said it has picked a pediatrician, known as a hardliner toward the government’s policy, as the group’s new head, dampening hopes for a dialogue to resolve the prolonged medical standoff. Having been elected, the new KMA head Lim Hyun-taek demanded President Yoon Suk Yeol apologize for pushing ahead with the medical student quota expansion plan and fire health minister, saying both are prerequisites for talk
Social AffairsMarch 27, 2024
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SK On, Ferrari team up to advance cell technology
SK On, an electric vehicle battery maker affiliated with SK Group, said Wednesday that it has partnered with Italian sports car maker Ferrari to advance innovation in battery cell technology. The two companies signed a memorandum of understanding at SK’s headquarters building in Seoul on Tuesday, with SK On CEO Lee Seok-hee and Ferrari CEO Benedetto Vigna in attendance. The collaboration aims to explore new avenues and potential solutions to advance battery cell technology. SK On and Ferra
IndustryMarch 27, 2024
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[Community Discovery] Songpa-gu sets stage for cherry blossoms
As the season of cherry blossoms approaches in Seoul, the Songpa-gu district office is gearing up to host its annual cherry blossom festival at Seokchon Lake Park from Wednesday to Sunday. The park, which spans 2.6 kilometers, is filled with almost 1,100 cherry blossom trees. According to the district office of Songpa-gu, the lake has been around for 50 years, with cherry trees donated by Lotte -- which operates establishments in the district including a theme park on an island in the lake -- an
Social AffairsMarch 27, 2024