South Korea

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• Source limited to: Korea Joongang Daily

 2020-11-17 10:13 

Korea Joongang Daily

Expensive apartments becoming more so...

As the government works to keep property price down, the prices keep rising, especially at the top end of the market....

 2020-11-17 10:13 

Korea Joongang Daily

[SPONSORED REPORTS] Oman marks 50th National Day...

On Nov. 18, the Sultanate marks its 50th National Day anniversary.With firm resolve, Omani citizens continue to make more achievements under the wise leadership of His Majesty Sultan Haitham Bin Tarik, who vowed to upgrade the......

 2020-11-17 10:13 

Korea Joongang Daily

Moon to participate in virtual G20, APEC summits this week...

President Moon Jae-in will participate in virtual international summits later this week, the Blue House said Tuesday....

 2020-11-17 10:13 

Korea Joongang Daily

Greater Seoul goes up to Level 1.5 after Wednesday...

Central health authorities Tuesday raised the social distancing level for the greater Seoul area by a notch to Level 1.5, effective Wednesday midnight, as daily coronavirus cases surpassed 200 for the fourth day in a row....

 2020-11-17 10:12 

Korea Joongang Daily

[SPONSORED REPORTS] Hyundai Rotem focuses on future of defense systems...

Since its foundation in 1977, Hyundai Rotem has been the sole supplier of tanks, associated vehicles and wheeled armored vehicles to the Korean Army.In line with the fourth industrial revolution, Hyundai Rotem is focusing on the......

 2020-11-17 10:12 

Korea Joongang Daily

Gravity returns to market and Kospi loses 3.88 points...

Korean shares fell Tuesday after hitting a nearly three-year high the previous session, as valuation pressure offset optimism over Moderna's experimental Covid-19 vaccine. The won rose against the dollar....

 2020-11-17 09:17 

Korea Joongang Daily

'Ready Or Not'...

Girl group Momoland performs its new single...

 2020-11-17 09:17 

Korea Joongang Daily

Yoo refuses to drop out of race for WTO chief...

Trade Minister Yoo Myung-hee hinted she will not voluntarily withdraw her candidacy for the top post at the World Trade Organization (WTO) in a radio interview Tuesday....

 2020-11-17 09:17 

Korea Joongang Daily

FTC says electric scooter firms are responsible for accidents...

Electric scooter-sharing companies will be held responsible for injuries or damages caused by their scooters, according to new rules laid out by the Fair Trade Commission (FTC)....

 2020-11-17 09:17 

Korea Joongang Daily

Coupang is now Korea's third-largest employer...

Coupang generated the third-largest number of jobs in Korea in the third quarter after Samsung Electronics and Hyundai Motor, according to data provided by the National Pension Service and industry tracker CEO Score....

 2020-11-17 09:17 

Korea Joongang Daily

Girl group aespa makes official debut with release of single 'Black Mamba'...

SM Entertainment's new girl group aespa made its official debut with the drop of its single "Black Mamba" at 6 p.m. on Tuesday, its agency announced on the same day. Consisting of four members; Karina and Winter of Korea, Giselle of Japan, and...

 2020-11-17 09:17 

Korea Joongang Daily

Kakao Bank to sell ₩250 billion stake to Anchor Equity...

Kakao Bank, one of two internet-only banks in Korea, is issuing new shares worth 250 billion won ($226,000) to Hong Kong-based private equity fund Anchor Equity Partners in its preparation to secure capital for its imminent...

 2020-11-17 09:16 

Korea Joongang Daily

Property flimflam investigation nets NTS dozens of perps...

NTS identified 85 people in their 20s and 30s suspected of underpaying their obligations, many of them using properties to get around the law. Most used trick was receiving help from parents to buy property but not properly reporting this support....

 2020-11-17 09:16 

Korea Joongang Daily

International content creation made possible thanks to 'ON: Hallyu Festival'...

Webtoons could be the key to bringing about international content collaboration and cultural exchange between Korea and Japan, Japanese publishing company Shueisha's chief editor Kota Saito said on Tuesday at the Korea-Japan Joint Content ......

 2020-11-17 09:16 

Korea Joongang Daily

Freight business is booming as Pantos takes to the rails...

Pantos Logistics, a subsidiary of LG Group, has been thriving in the midst of the coronavirus pandemic. The recent success of the company is due to its railroad logistics network and rising shipping costs....

 2020-11-17 08:20 

Korea Joongang Daily

GS retail and KT to work together on logistics optimization...

GS Retail is developing a logistics system using KT technology and services....

 2020-11-17 08:20 

Korea Joongang Daily

Korea Federation of Banks narrows chairman candidates...

The Korea Federation of Banks released a list of seven candidates for its chairmanship Tuesday....

 2020-11-17 08:20 

Korea Joongang Daily

Ateez, The Boyz, (G)I-DLE and Kang Daniel to join NCSoft’s fan platform...

Boy bands Ateez, The Boyz, girl group (G)I-DLE and singer Kang Daniel will join NCSoft's fan platform Universe to be launched next year, which is a mobile platform that allows fans and artists to communicate through various channels, NCSoft...

 2020-11-17 07:25 

Korea Joongang Daily

BTS’s 'Dynamite' music video surpasses 600 million YouTube views...

BTS's official music video for its latest single...

 2020-11-17 07:25 

Korea Joongang Daily

Samsung Biologics produces Lilly Covid-19 treatment...

Samsung Biologics is mass producing Eli Lilly's antibody treatment for the new coronavirus, the Korean biopharmaceutical company said Tuesday....

 2020-11-17 07:24 

Korea Joongang Daily

The next generation of games will thrive in a metaverse...

The next generation of games will be all about building a dream life in the virtual realm and will be accessible by all gadgets, game experts said on Monday at the "2020 Game Content Emerging Market Open Forum" held as part of Korea ......

 2020-11-17 07:24 

Korea Joongang Daily

TXT’s third EP ranks 26th on the U.S. Billboard 200 albums chart...

Boy band Tomorrow X Together (TXT)'s third EP...

 2020-11-17 07:24 

Korea Joongang Daily

Amorepacific to invest \3 billion in media start-up DMIL...

Cosmetics maker Amorepacific announced Tuesday it has invested 3 billion won ($2.7 million) in media start-up DMIL to expand its digital presence in the cosmetics market....

 2020-11-17 07:24 

Korea Joongang Daily

RCEP will open new markets for Korean automakers: KAMA...

The Regional Comprehensive Economic Partnership (RCEP) will benefit Korea's auto industry by opening new markets in the Asia-Pacific region amid intensifying competition in Europe...

 2020-11-17 01:48 

Korea Joongang Daily

[THINK ENGLISH] 바이든 “한국은 린치핀”...

U.S. President-elect Joe Biden vowed to maintain his country's commitment to defend Korea in his first phone conversation with President Moon Jae-in, the Blue House said Thursday....

 2020-11-16 12:44 

Korea Joongang Daily

Im comes 2nd at Masters, the best finish ever by an Asian golfer...

Finishing tied for second at The Masters, Im Sung-jae set a new record for the best finish at the tournament among Asian golfers. The prior record was set by K.J. Choi, who finished third back in 2004. This was Im's first appearance at The Masters....

 2020-11-16 11:48 

Korea Joongang Daily

Virtual management...

KT CEO Koo Hyun-mo wears a virtual reality (VR) headset during a VR demo at KT Square in central Seoul on Monday....

 2020-11-16 11:48 

Korea Joongang Daily

Ready for the rush...

An employee is shown working on an LG Electronics TV at the company's plant in Mexico recently....

 2020-11-16 10:53 

Korea Joongang Daily

Transformation of Gwanghwamun Square begins...

The Seoul Metropolitan Government's grand project to expand and beautify Gwanghwamun Square commenced Monday, as the Korean capital vowed to increase pedestrian traffic and reduce greenhouse gas emissions....

 2020-11-16 10:52 

Korea Joongang Daily

LG may spin off affiliates for chairman's uncle...

LG Group is likely to spin off multiple affiliates, people familiar with the matter said Monday, with an uncle of the conglomerate's chief taking the leadership of the spun-off companies....

 2020-11-16 10:52 

Korea Joongang Daily

Kospi punches through 2,500 for first time since 2018...

Korea's Kospi index surpassed 2,500 Monday for the first time in nearly two and a half years on hope of economic recovery tied to a recent breakthrough in vaccine development....

 2020-11-16 10:52 

Korea Joongang Daily

Inheriting a stationery empire is not all it's cracked up to be...

Second-generation owners raised concerns they might have to give up their company entirely if they fail to meet the government's requirements to receive tax benefits and will have to pay up to 50 percent of inherited assets as taxes....

 2020-11-16 10:52 

Korea Joongang Daily

Hana Tour tells its staff to stay away for 4 more months...

Hana Tour, the country's largest tour agency, extended unpaid vacations for its staff for another four months as the travel industry continues to suffer from the pandemic....

 2020-11-16 10:52 

Korea Joongang Daily

Moon says his New Deal is the only way forward...

President Moon Jae-in stressed that there are no other options but his so-called Korean New Deal. "A quick transition to a digital and low-carbon society and economy is the road to survival ,...

 2020-11-16 10:52 

Korea Joongang Daily

7 minus 3...

Four-member boy group BTOB 4U, a subunit of seven-member group BTOB, unveils its first mini album "Inside" at Yes24 Live Hall in Gwangjin District, eastern Seoul, on Monday. The three other members are currently serving their military service....

 2020-11-16 10:52 

Korea Joongang Daily

Samsung Electronics R&D spending hit record high from Jan. to Sept....

Samsung Electronics said Monday its research and development (R&D) spending for the first nine months of the year hit a record high of 15.89 trillion won ($14.3 billion) amid the coronavirus pandemic....

 2020-11-16 10:52 

Korea Joongang Daily

Korean Air acquiring Asiana with government money...

Korean Air Lines, the country's largest carrier, will acquire cash-strapped rival Asiana Airlines with the help of the state-run Korea Development Bank (KDB)....

 2020-11-16 09:57 

Korea Joongang Daily

Loans to food, lodging businesses hit \71.1 trillion in Sept....

Loans to accommodation and food services sectors have jumped due to a recent resurgence of the novel coronavirus, central bank data showed Monday....

 2020-11-16 09:57 

Korea Joongang Daily

Blackpink's 'Ice Cream' video surpasses 400 million views on YouTube...

Including...

 2020-11-16 09:56 

Korea Joongang Daily

Lineage pushes NCSoft net profit up 34 percent in Q3...

Game company NCSoft saw its net profit grow 34 percent and operating profit jump 69 percent on year in the July-September period thanks to the strong performance of its steady-selling game title, Lineage....

 2020-11-16 09:56 

Korea Joongang Daily

'Kim Jiyoung, Born 1982' makes Time's list of 100 must-read books...

The English version of Korean novel "Kim Jiyoung, Born 1982" has been chosen as one of "The 100 Must-Read Books of 2020" by U.S. magazine Time. The novel by Cho Nam-joo, published in 2016, has been lauded by those interested in feminism in...

 2020-11-16 09:56 

Korea Joongang Daily

Court date...

Shincheonji founder and leader Lee Man-hee appears at Suwon District Court on Monday to attend a hearing after he was indicted for obstructing the government's efforts to prevent the spread of infectious diseases....

 2020-11-16 09:56 

Korea Joongang Daily

Foreign universities in Incheon to strengthen cooperation with local industries...

Foreign universities at the Incheon Global Campus in Songdo will be strengthening cooperation with local industries, the Incheon Free Economic Zone (IFEZ) announced Monday....

 2020-11-16 09:56 

Korea Joongang Daily

Big Hit Entertainment sees net profit rise 92 percent in Q3...

Big Hit Entertainment, the management agency behind boy band BTS, said Monday its net profit rose 92 percent from the previous year on the back of strong album and merchandise sales....

 2020-11-16 09:56 

Korea Joongang Daily

Plasma donation...

At the indoor sports stadium in Daegu on Monday, members of the Shincheonji Church of Jesus donate plasma to be used to develop cures for Covid-19. About 4,000 of the controversial religious sect's followers who have recovered from Covid-19......

 2020-11-16 09:56 

Korea Joongang Daily

Korean War memorial planned for Arrowhead Ridge...

South Korea plans to build a memorial at the site of one of the fiercest battles of the 1950-53 Korean War as part of its plan to turn the demilitarized zone (DMZ) into an international zone of peace....

 2020-11-16 09:56 

Korea Joongang Daily

K-water to use AI and big data in fight against climate change...

The Korea Water Resources Corporation (K-water) announced plans to use artificial intelligence (AI) and big data to fight climate change and reduce greenhouse gas emissions on Monday....

 2020-11-16 09:00 

Korea Joongang Daily

Choo backpedals on proposal to give investigators power to unlock suspects' phones...

Following a strong backlash from politicians and legal experts, Justice Minister Choo Mi-ae on Monday appeared to walk back her recent push to create a law that would compel criminal suspects to unlock their cell phones....

 2020-11-16 09:00 

Korea Joongang Daily

11st could start carrying Amazon products from next year...

Amazon has partnered with SK Telecom to directly ship products to Korean consumers. SK Telecom announced Monday that under the partnership, Korean consumers will be able to purchase Amazon products on the 11st website....

 2020-11-16 09:00 

Korea Joongang Daily

Interest rate ceiling to be lowered to 20% next year...

According to the Financial Services Commission (FSC) on Monday, the ceiling will be lowered from the current annual interest rate of 24 percent to 20 percent. The change is expected be applied in the second half of 2021....

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