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 2022-05-15 20:38 

Korea Herald

[Today's K-pop] Stray Kids to drop 2nd EP in Japan next month...

Stray Kids will put out its second Japanese EP "Circus" on June 22, the group's label JYP Entertainment announced on Monday. It will consist of six tracks -- a title track and two new songs, as well as Japanese versions of three...

 2022-05-15 19:26 

Korea Herald

CIO chief denies targeting journalists in phone spying scandal...

GWACHEON, Gyeonggi Province -- The chief of the state agency dedicated to investigating political elites and high-level bureaucrats denied targeting journalists in a phone spying scandal that surfaced in December last year. Kim Jin-wook, head of th...

 2022-05-15 19:24 

Korea Herald

[Hashtag Korea] [Land of Squid Game] We're gganbu!...

In one of the episodes of the Netflix series "Squid Game," an old man hands over his last marble to the lead character, Gi Hun, saying, "We are gganbu. Gganbu always share everything with each other, no matter what." By handin...

 2022-05-15 18:30 

Korea Herald

Cho Kuk documentary 'The Red Herring' raises over W2b...

"The Red Herring," a documentary directed by Yi Seung-jun about the embattled ex-Justice Minister Cho Kuk, has raised a total of over 2.6 billion won ($2 million) from over 51,000 people on the crowdfunding platform Tumblbug as of Sunday,...

 2022-05-15 18:27 

Korea Herald

Local broadcasters MBC, JTBC continue forays into NFTs...

South Korean broadcasters are seeking to expand their platforms with non-fungible tokens. Attempting to turn the highly popular "Infinite Challenge" intellectual property into NFT artwork, terrestrial broadcaster MBC is holding a special...

 2022-05-15 18:01 

Korea Herald

Wealth gap between richest and poorest in 20s and 30s widens...

The wealth gap between the richest Koreans in their 20s and 30s and their poorest peers increased more in 2021 than the previous year, a lawmaker said, citing data compiled by Statistics Korea. In 2021, the top 20 percent of wealthy Koreans in their...

 2022-05-15 17:48 

Korea Herald

Deduction range for gift tax may expand from W50m...

SEJONG -- The Yoon Suk-yeol administration is considering easing the burden of gift tax by raising the upper limit of tax-free capital transfers from the current 50 million won ($38,900), documents from relevant ministries showed Monday. Currently,...

 2022-05-15 17:08 

Korea Herald

Audi, Volvo vie for No. 3 importer in Korea...

Volvo is close to catching up to German automaker Audi, which kept its title as the third top selling foreign car brand in South Korea, data showed Monday. According to Korea Automobile Importers & Distributors Association, Volvo Korea sold a to...

 2022-05-15 17:01 

Korea Herald

[H.Eco Forum] Protecting tidal flats important in fighting climate change, expert says...

As global warming intensifies due to climate change, coastal regions will be among the areas worst hit. The rise in sea level is expected to cause severe disturbance to coastal ecosystems and ignite catastrophic socioeconomic problems with natural...

 2022-05-15 17:00 

Korea Herald

Democratic Party cornered by yet another sex scandal...

South Korea's main opposition Democratic Party of Korea is yet again dealing with a sexual harassment controversy as it readies for an important election in less than three weeks. Legislators with the Democratic Party on Monday approved Rep. P...

 2022-05-15 17:00 

Korea Herald

Education Ministry to run 50-day inspection on school safety...

The Ministry of Education is to run a 50-day inspection on the educational environment of 1,250 kindergartens, elementary, middle and high schools from Wednesday. The newly launched task force will review the schools' respective quarantine me...

 2022-05-15 16:44 

Korea Herald

Quirks of Korean dating explained (1) Love confessions, a rite of passage for all couples...

They say love is universal, but when it comes to dating culture, Korea has a different love language, according to five international couples that The Korea Herald interviewed. From love 'confessions'; to matching outfits, here are so...

 2022-05-15 16:38 

Korea Herald

[Newsmaker] Creator of Korean-made cryptos under siege after wiping out $37b...

South Korean entrepreneur Do Kwon was a rising star of the global digital asset market when his company Terraform Labs developed the cryptocurrencies UST and luna with the goal of achieving a decentralized economy four years ago. His stardom reached...

 2022-05-15 16:36 

Korea Herald

Meet SKT's new mobile virtual assistant A....

South Korea's largest mobile carrier, SK Telecom, unveiled Monday an open beta version of a virtual assistant the company said is aimed at providing an "intimate" and "emotional" experience for Android mobile phone users...

 2022-05-15 16:31 

Korea Herald

Kim reprimands officials for slow medical delivery...

North Korean leader Kim Jong-un reprimanded officials for failing to deliver medicine in time, and ordered the mobilization of the military to stabilize the supply in response to the COVID-19 outbreak, North Korea's state media reported Monday....

 2022-05-15 16:23 

Korea Herald

Corporate Korea bracing for Biden's state visit...

More chaebol groups are expected to join a business roundtable meeting held on the sidelines of summit talks between Presidents Yoon Suk-yeol and Joe Biden later this week in reflection of the growing presence of Korean businesses spending big in the...

 2022-05-15 16:16 

Korea Herald

Women empowerment, net-zero: Hana Financial bolsters ESG efforts...

South Korea's Hana Financial Group announced Monday its support for the Women's Empowerment Principles (WEPs) and said that it has joined the Net-Zero Banking Alliance, as part of its efforts to bolster ESG value in its management. The W...

 2022-05-15 16:13 

Korea Herald

Yoon calls for bipartisan cooperation in economy, security...

President Yoon Suk-yeol emphasized Monday the need for bipartisan cooperation on passing a supplementary budget to compensate for pandemic losses and to expand economic and security ties with major countries. In his first speech as the president at...

 2022-05-15 15:41 

Korea Herald

BTS scoops three prizes at 2022 Billboard Music Awards in six-year winning streak...

K-pop sensation BTS won three prizes at the 2022 Billboard Music Awards (BBMA), one of the three biggest pop music awards in the US. The group has marked its sixth consecutive year winning a trophy at the music award. The septet's wins -- top...

 2022-05-15 15:29 

Korea Herald

[Feature] Going solo: Korean body scrubs adapt to pandemic...

For the first time in nearly two years, Bae Eun-jin, a 35-year old office worker in Bundang, Gyeonggi Province, recently had a proper Korean sauna experience -- soaking her body in hot water and getting a full-body scrub. The only difference w...

 2022-05-15 15:27 

Korea Herald

BOK chief says 'big-step' rate hike still on the table...

South Korea has yet to arrive at a stage where the option of a "big-step" or half a percentage point rate hike can be completely ruled out, with the possibility of a higher inflationary pressure looming over the economy, the nation'...

 2022-05-15 15:02 

Korea Herald

Classical tunes to echo through Deoksugung...

The 2022 Deoksugung Spring Concert will be held in front of the fountain located in front of Deoksugung's Seokjojeon at 6 p.m. on Tuesday. Hosted by the Cultural Heritage Administration's Deoksugung Palace Management Office and the Korea...

 2022-05-15 15:00 

Korea Herald

[Herald Interview] 'The Sound of Magic' was a challenge, but consolation as well: Choi Sung-eun...

For actor Choi Sung-eun, 25, the challenge posed by Netflix's latest series "The Sound of Magic" was compounded. It was not just her first major role in a series but her first singing and dancing as part of the role. &ld...

 2022-05-15 14:50 

Korea Herald

[Herald Interview] 'BTS' military service will have limited impact on KPOP ETF'...

When Psy's supercharged "Gangnam Style" rose to No. 2 on the Billboard Hot 100 in 2012, nobody expected it to spark K-pop's long-running, global popularity. Exactly a decade later, an Oklahoma-based exchange-traded fund issu...

 2022-05-15 14:41 

Korea Herald

Motorola phones back in Korea after 9-year hiatus...

A South Korean budget mobile carrier said on Monday it will introduce two 5G Motorola smartphone models, nine years after the American brand pulled out the mobile business here. Bookings for the new phones, which will be released at the end of this...

 2022-05-15 14:29 

Korea Herald

[Korea seen through job ads] Holler for Seollal: Holiday traditions burden some...

* From waking up a dozing student to tidying up graves, online advertisements with unusual but real job descriptions offer a peak into the Korean society. The Korea Herald looks at some of these unusual adds. The following is the second installment....

 2022-05-15 12:51 

Korea Herald

Poll shows tight contest in race for Gyeonggi governor...

The two candidates of the ruling and the main opposition parties are running neck and neck in a race for the governorship of Gyeonggi Province in the June local elections, a survey showed Monday. Kim Eun-hye, former lawmaker of the ruling People Powe...

 2022-05-15 12:34 

Korea Herald

Half of older adults in Seoul have no experience using kiosks: survey...

Half of older adults in Seoul have no experience using digital kiosks, a survey showed Monday, despite a rising number of businesses adopting such self-service electronic machines amid the pandemic. The poll released by the Seoul Digital Foundation,...

 2022-05-15 11:56 

Korea Herald

S. Korea's Black Eagles aerobatic team to perform in British air shows in July...

The South Korean Air Force's aerobatic flight team plans to join three international air shows in Britain in July, Seoul officials said Monday, marking its first visit to the European nation in 10 years. The Black Eagles team is set to participate in...

 2022-05-15 11:36 

Korea Herald

Yoon offers unsparing COVID-19 aid to N. Korea...

President Yoon Suk-yeol said Monday he will spare no effort to help North Korea cope with a massive outbreak of the coronavirus, offering to send vaccines and other necessary supplies if Pyongyang agrees to accept. "We must not hold back on prov...

 2022-05-15 11:28 

Korea Herald

S. Korea's new COVID-19 cases hit 4-month low amid efforts for return to normalcy...

South Korea's new COVID-19 cases fell to their lowest tally in nearly four months Monday amid a slowing virus trend giving a boost to efforts for a return to normalcy. The country reported 13,296 new COVID-19 infections, including 28 from overseas, b...

 2022-05-15 11:09 

Korea Herald

Helicopter carrying 3 crashes in southern city of Geoje...

A helicopter carrying three crewmen crashed in the southern coastal city of Geoje on Monday, with their fate remaining unknown, firefighters said. The chopper went down near Mt. Seonja at around 9 a.m., according to an accident report filed with fire...

 2022-05-15 11:08 

Korea Herald

Coordinated efforts, continued pressure keys to denuclearization of N. Korea: experts...

The United States and South Korea must send a clear and strong message to North Korea that the complete denuclearization of the Korean Peninsula is their goal in order to succeed, a group of South Korean and US experts said in a book soon to be relea...

 2022-05-15 11:04 

Korea Herald

Family affair: Lee Kyoung-hoon celebrates 2nd career PGA Tour win in front of baby daughter, parents...

On May 16, 2021, South Korean golfer Lee Kyoung-hoon picked up his first career PGA Tour title at AT&T Byron Nelson in Texas, with his pregnant wife, Yu Joo-yeon, watching. Almost exactly one year later, on Sunday, Lee defended his trophy at TPC...

 2022-05-15 11:00 

Korea Herald

[Graphic News] Hong Kong plummets toward bottom of press freedom ranking...

Hong Kong has plummeted down an international press freedom chart as authorities have wielded a draconian new security law to silence critical news outlets and jail journalists, a new report said. For two decades, media rights watchdog Reporters W...

 2022-05-15 10:45 

Korea Herald

Stock market's trading volume dips amid growing uncertainty...

South Korea's main stock market saw its trading volume shrink more than 16 percent this month from a year earlier, data showed Monday, as investors remained on the sidelines amid inflation worries and other negatives. The daily trading volume of...

 2022-05-15 10:39 

Korea Herald

Seoul shares open higher amid woes over sharp rate hikes...

Seoul shares opened higher Monday amid woes over high inflation, rake hikes and an economic slowdown. The Korea Composite Stock Price Index (KOSPI) rose 13.52 points, or 0.52 percent, to 2,617.76 in the first 15 minutes of trading. On Friday, Seoul s...

 2022-05-15 10:38 

Korea Herald

S. Korea signs deal to purchase some 40 US-made helicopters to train military pilots...

South Korea has signed a contract worth 170 billion won ($132.8 million) with a US aerospace firm, Bell Textron Asia, to purchase some 40 trainer helicopters by 2025, the state arms procurement agency said Monday. The Defense Acquisition Program Admi...

 2022-05-15 10:34 

Korea Herald

Finance minister, central bank chief see eye to eye on policy coordination...

South Korea's finance minister and the central bank chief on Monday stressed the need for close policy coordination as the country's economy faces heightened uncertainty amid high inflation. Finance Minister Choo Kyung-ho and Bank of Korea (BOK) G...

 2022-05-15 10:28 

Korea Herald

S. Korean Lee Kyoung-hoon defends PGA Tour title in Texas...

South Korean Lee Kyoung-hoon has successfully defended a PGA Tour title in Texas, holding off former world No. 1 Jordan Spieth for his second career victory. Lee shot a bogey-free round of nine-under 63 in the final round of the AT&T Byron Nelson...

 2022-05-15 06:30 

Korea Herald

[J. Bradford DeLong] Good inflation news from the bond market...

As of May 6, the bond market expected US consumer price inflation to average 2.5 percent between five and 10 years from now. That is the rate of inflation needed to equalize returns on inflation-indexed and nonindexed US Treasury securities. And give...

 2022-05-15 06:30 

Korea Herald

[Editorial] Unending sex scandals...

A sex scandal hit the Democratic Party of Korea again. The party decided Thursday to expel Rep. Park Wan-joo for his "sexual illegality" against his female aide. Park is a three-term lawmaker who once held key posts in the party -- chie...

 2022-05-14 23:05 

Korea Herald

Gov't to prioritize stabilization of rising product prices...

Finance Minister Choo Kyung-ho said Sunday the government will make it a top priority to stabilize rising product prices fueled by the Russia-Ukraine war and other external uncertainties. The government will set up measures for price stabilization...

 2022-05-14 20:35 

Korea Herald

[Art Busan 2022] Richard Gray Gallery sees growing interest in contemporary works from Korean collectors...

Richard Gray Gallery, a US gallery based in Chicago and New York, was one of the most popular galleries at Art Busan 2022, with visitors stopping by its booth to take a selfie in front of David Hockney's 8.7-meter-long photographic drawing and...

 2022-05-14 20:33 

Korea Herald

[From the Scene] Another record-breaking year for Art Busan as collectors mature...

BUSAN Art Busan, the second largest art fair in South Korea, hit yet another record-breaking sales figure this year, attracting established collectors and younger generations of collectors. South Korea's thriving art market turned its...

 2022-05-14 19:33 

Korea Herald

How bad could omicron get in North Korea?...

After holding down the fort for over two years, North Korea finally let COVID-19 slip through the cracks in its tightly sealed doors. Just days since the first cases were announced, North Korea's total number of related deaths rose to 42, acc...

 2022-05-14 19:02 

Korea Herald

Choi Eung-chon appointed new head of Cultural Heritage Administration...

Choi Eung-chon, an art history professor at Dongguk University, has been appointed the new head of the Cultural Heritage Administration. Choi previously served as chair of the Overseas Korean Cultural Heritage Foundation from 2019. He succeeds Kim...

 2022-05-14 17:12 

Korea Herald

Largest-ever World Forestry Congress calls for stronger cooperation...

The 15th edition of the World Forestry Congress, the world's largest gathering on forests, ended with delegates signing a joint declaration calling on enhanced cooperation across the world. The Korea Forest Service said the latest edition of t...

 2022-05-14 16:58 

Korea Herald

After 100 days, 7 out of 10 firms not yet ready for safety law...

Even 100 days after South Korea's new industrial safety law has come into effect, almost 7 out of 10 companies here say they still cannot fully understand the law and face difficulty complying with it, a survey showed Sunday. According to a s...

 2022-05-14 16:44 

Korea Herald

Korea-led initiative launched at UNCCD forum...

The Korea Forest Service held an event commemorating the launch of Business for Land Initiative on Tuesday, during the 15th session of the Conference of the Parties (COP15) of the United Nations Convention to Combat Desertification in Cote d'Iv...

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