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• Source limited to: Korea Hearld

 2022-07-27 21:03 

Korea Herald

3 candidates shortlisted for main opposition party's leadership race...

The main opposition Democratic Party on Thursday announced that it shortlisted three candidates, including the party's former presidential candidate, Rep. Lee Jae-myung, for its new chairperson. Rep. Park Yong-jin and Rep. Kang Hoon-sik were a...

 2022-07-27 20:19 

Korea Herald

Yoon, Widodo agree to cooperate on supply chains, capital relocation...

The leaders of South Korea and Indonesia have agreed to stabilize supply chains of materials crucial for manufacturing of technology, and strengthen ties to support smooth delivery of Indonesia's capital city relocation project. President Yoon...

 2022-07-27 19:55 

Korea Herald

[Today's K-pop] Ateez challenges itself with new EP...

Ateez held a media showcase to bring out a new album in Seoul Thursday. The EP "The World Ep. 1: Movement" is the beginning of a new series, said Mingi, and aims to awake people who feel like they are repeating an endless rounds of rou...

 2022-07-27 19:45 

Korea Herald

TO1 return as funky drummers with 3rd EP 'Why Not??'...

K-pop boy band TO1 on Thursday dropped its 3rd EP "Why Not??," marking its return to the music scene after eight months. TO1 is a nine-piece multinational K-pop group consisting of Dong-geon, Chan, Ji-su, Jae-yun, J.You, Kyung-ho, Daigo,...

 2022-07-27 19:31 

Korea Herald

Widodo asks Hyundai Motor to join capital relocation project...

Indonesian President Joko Widodo requested the head of South Korean carmaker Hyundai Motor Group to provide clean mobility in the Southeast Asian country's grand administrative city project during their meeting in Seoul, the company said...

 2022-07-27 19:25 

Korea Herald

KBS2's 'Listen-Up': Fierce competition for top music producers to take over song charts...

Television network KBS2's upcoming K-pop producer battle program "Listen-Up" is set to premiere on Saturday at 10:35 p.m., with a group of local music producers competing to make new songs that can take over the top charts on music...

 2022-07-27 19:08 

Korea Herald

Population shock: Korea reports first decline on record in 2021...

South Korea recorded its first-ever decline in total population last year, data showed Thursday, with fewer births, an aging society, and falling numbers of foreigners entering the country due to effects of the COVID-19 pandemic. According to the c...

 2022-07-27 19:07 

Korea Herald

Is Korea soft on crime?...

On July 15, a female college freshman was found dead on a college campus, naked. The suspect -- a male freshman at the same Inha University -- faces charges of raping the woman and causing her death. His attack on the woman, in which he drank with...

 2022-07-27 18:41 

Korea Herald

LG Chem, GS Caltex join hands to build white bio ecosystem...

LG Chem and GS Caltex on Thursday held a ground-breaking ceremony at GS Caltex Yeosu plant for its new bio-material demonstration plant, which would contribute to building a white ecosystem, officials said. The demo plant at GS Caltex's Yeosu...

 2022-07-27 18:28 

Korea Herald

Korea launches Jeongjo the Great, Navy's first 8,200-ton Aegis destroyer...

President Yoon Suk-yeol traveled to the southeastern port city of Ulsan to join a ceremony to celebrate the launch of the country's first 8,200-ton Aegis destroyer, the Jeongjo the Great destroyer, on Thursday. "We have now become capabl...

 2022-07-27 18:19 

Korea Herald

[Newsmaker] Starbucks Korea admits giveaway bags had cancer-causing chemicals...

Starbucks Korea on Thursday admitted that its summer giveaway bags had cancer-causing chemicals, and vowed to provide compensation to its customers with gift coupons. "We deeply apologize to our customers who are disappointed in us for the re...

 2022-07-27 18:04 

Korea Herald

SK On to attract $2b loan to back 3rd battery plant in Europe...

South Korean lithium-ion battery cell maker SK On announced Thursday that it plans to attract a combined $2 billion loan to ramp up its push for a new battery plant in Europe. The green financing will come from seven commercial banks with three expo...

 2022-07-27 17:36 

Korea Herald

Posco Chemical signs W13tr cathode deal with GM...

Posco Chemical, a chemical materials unit of South Korean steel giant Posco, signed a deal to supply General Motors with 13 trillion won's ($10 billion) worth of cathode materials on Thursday. Cathode materials determine the capacity and aver...

 2022-07-27 17:22 

Korea Herald

Driving ban upheld for drunken use of electric scooter...

An appeals commission upheld the cancellation of a driver's license for drunken use of an electric scooter Thursday. An office worker's license was revoked after they were caught using an electric scooter while drunk in April. The worker...

 2022-07-27 17:22 

Korea Herald

Seoul shares up for 4th day to over 1-month high on eased uncertainty over Fed's rate hikes...

South Korean stocks advanced for a fourth consecutive session Thursday as the chief of the US Federal Reserve has hinted at slowing the pace of its interest rate hikes down the road. The Korean won sharply rose against the US dollar. The benchmark Ko...

 2022-07-27 17:07 

Korea Herald

China demands Korea uphold 'Three Nos' policy...

As China appears to relay stronger words to express its discomfort against Seoul's diplomacy plans largely aligning with the United States, eyes are on how the Yoon Suk-yeol administration will navigate its way through the US-China rivalry. T...

 2022-07-27 16:45 

Korea Herald

Fiscal chief downplays capital outflow concern despite Fed's rate hikes...

SEJONG -- The nation's top economic policymaker on Thursday downplayed the possibility of an active capital flight among foreign investors, saying that the US Federal Reserve's latest rate hike, which now stands higher than South Korea&rs...

 2022-07-27 16:44 

Korea Herald

LG, SoundHound team up for in-car voice assistant system...

LG Electronics said Thursday it has teamed up with US audio experts SoundHound to develop an artificial intelligence-based voice system for vehicles with demand growing for both driving convenience and safety. Best known for its music recognition s...

 2022-07-27 16:42 

Korea Herald

Shinsegae Food launches plant-based canned ham...

Shinsegae Food said Thursday that it plans to enter the global alternative-meat market with its newly-launched plant-based canned ham. "Hormel Foods' Spam has dominated the global canned ham market since 1926. But in almost 100 years, we have...

 2022-07-27 16:42 

Korea Herald

Sidewalk robots, new visa among 51 regulatory reforms...

The government on Thursday unveiled a total of 51 regulatory reform projects across industries as part of effort to spur both innovation and investment. Easing excessive regulations is one of the campaign pledges of President Yoon Suk-yeol. Thursda...

 2022-07-27 16:36 

Korea Herald

N.Korean leader warns of annihilation if Seoul attempts preemptive strike...

The North Korean leader warned that the country will "annihilate" South Korea's conventional forces should they seek preemptive military action and confrontation against North Korea, lambasting Yoon Suk-yeol government's defen...

 2022-07-27 16:21 

Korea Herald

'Hunt': breathtaking gunfight, psychological warfare in lawless Korean Peninsula...

Squid Game actor Lee Jung-jae's directorial debut "Hunt," an espionage action film, offers thrilling action scenes with seemingly unending gunfire and a heart-pounding rivalry between two intelligence agents. For some moviegoers, th...

 2022-07-27 16:20 

Korea Herald

Drug Ministry looks to become 1st WHO-listed authority...

South Korea's Ministry of Food and Drug Safety aims to become the first regulatory body recognized by the World Health Organization to hold globally recognized authority for granting domestic permits of new drugs by December, officials said Thu...

 2022-07-27 15:44 

Korea Herald

'Managing Cheong Wa Dae is a losing game': CHA head...

Two months after the Cultural Heritage Administration was delegated operational management of Cheong Wa Dae, tentatively until the end of this year, the CHA remained hesitant to speak up on issues regarding Cheong Wa Dae's future use. At a pr...

 2022-07-27 15:39 

Korea Herald

Eximbank runs economic emergency taskforce...

The Export-Import Bank of Korea said Thursday its executives, including its new CEO and heads of relevant departments, discussed credit support plans to help businesses tide over inflation, high interest rates and the weakening Korean won. Based on...

 2022-07-27 15:10 

Korea Herald

S. Korean customs control goes online...

South Korea's customs office said Thursday it will launch an online customs declaration platform and an automated customs examination service at Korea's major international airports, beginning in August. Travelers entering Korea through...

 2022-07-27 15:09 

Korea Herald

[Video] Everything about India's first K-pop idol, Sriya from Blackswan...

We have been receiving many messages from our Indian viewers about how to become a K-pop idol here, so we decided to invite India's first K-pop idol, Shreya Lenka. Shreya is about to debut with the K-pop band Blackswan as Sriya. From why she de...

 2022-07-27 15:05 

Korea Herald

Launch of Korea's 1st lunar mission 'Danuri' delayed...

The highly anticipated launch of Danuri, South Korea's first lunar mission, has been postponed at least two days, the Ministry of Science and ICT said Thursday. Danuri's launch, which was planned to take place on Aug. 2 from the Cape Ca...

 2022-07-27 12:53 

Korea Herald

Retail sales up 9.3% in H1 amid eased virus curbs...

Retail sales in South Korea rose 9.3 percent on-year in the first half of this year amid eased COVID-19 curbs and the growth in people's outdoor activities, the industry ministry said Thursday. The combined sales of 25 major offline and online r...

 2022-07-27 12:49 

Korea Herald

Top court confirms conviction of ex-presidential aides for destroying 2007 inter-Korean summit minutes...

The Supreme Court on Thursday finalized suspended prison terms handed down to two former presidential officials for destroying the minutes of the 2007 inter-Korean summit to cover up then President Roh Moo-hyun's alleged offer to surrender the d...

 2022-07-27 12:49 

Korea Herald

S. Korea launches new 8,200t Aegis destroyer, Jeongjo The Great...

South Korea on Thursday launched a new 8,200-ton destroyer armed with a missile interception platform and stronger anti-submarine capabilities, the Navy said, as the country pushes to bolster defense against North Korea's evolving military capab...

 2022-07-27 12:06 

Korea Herald

Exhibition of vintage furniture designs highlights timeless value...

Over 100 pieces of vintage and antique design furniture are on display at an exhibition called "Our Finest 20th Century Design Collection" at Dongdaemun Design Plaza in central Seoul. The collection, which embodies the essence of moderni...

 2022-07-27 11:36 

Korea Herald

KAI signs US$3 bln deal with Poland to export 48 FA-50s...

Korea Aerospace Industries (KAI), South Korea's sole aircraft maker, has signed a basic $3 billion deal with Poland to export 48 FA-50 light attack fighters, its officials said Thursday. The largest FA-50 export deal was part of the "framew...

 2022-07-27 11:34 

Korea Herald

S-Oil Q2 net more than doubles amid rising oil prices...

S-Oil Corp. said Thursday its second-quarter net profit more than doubled from a year earlier on the back of widened refining margins helped by higher oil prices. Net profit came to 1.01 trillion won ($775.2 million) in the April-June period, up 146....

 2022-07-27 11:32 

Korea Herald

IU to hold concerts at Jamsil Olympic Stadium in September...

K-pop diva IU, the star of Japanese director Hirokazu Kore-eda's first Korean-language film "Broker," will return as a singer this fall. She will hold "The Golden Hour" concerts on Sept. 17 and 18 at the Jamsil Olympic Stadiu...

 2022-07-27 11:20 

Korea Herald

Nearly 1.4m visited Cheong Wa Dae since public opening: data...

Nearly 1.4 million people have visited the former presidential compound of Cheong Wa Dae since it opened to the public on May 10, data showed Thursday. A total of 1,396,859 people, including 5,055 foreigners, visited the complex in central Seoul thro...

 2022-07-27 11:14 

Korea Herald

Samsung's profit surges 12% in Q2 on server demand, premium phone sales...

Samsung Electronics logged an operating profit of 14.1 trillion won ($10.77 billion) during the second quarter, up 12.2 percent from the previous year, its earnings release showed Thursday. The figure was slightly higher than the 14 trillion-won ana...

 2022-07-27 11:01 

Korea Herald

[Graphic News] K-pop album sales hit record high in H1...

Sales of K-pop albums have once again reached an all-time-high in the first half of this year, a local market tracker said. According to Kim Jin-woo, head researcher of Circle Chart, which reports accumulated sales and streams, combined sales of t...

 2022-07-27 11:00 

Korea Herald

[Herald Interview] 'We want to define our own genre'...

Ulala Session's rise to fame was sudden, starting as the winner of TV audition program "Super Star K" in 2011, and its popularity has lasted. However, after 10 years in the mainstream music scene, the group is still asked: "...

 2022-07-27 10:50 

Korea Herald

Seoul shares open higher on eased uncertainty over Fed's rate hikes...

South Korean stocks opened higher Thursday as the US Federal Reserve raised its key interest rate by a widely expected 0.75 percentage point. The benchmark Korea Composite Stock Price Index added 16.88 points, or 0.7 percent, to trade at 2,432.1 poin...

 2022-07-27 10:47 

Korea Herald

Film about legendary Korean naval hero tops box office on its opening day...

A homegrown historical film about a famous naval battle by Adm. Yi Sun-sin against an invading Japanese fleet in the 16th century has topped the South Korean box office on the first day of its release, data showed Thursday. "Hansan: Rising Drago...

 2022-07-27 10:32 

Korea Herald

Corporate direct financing dips 6.7% in H1 on reduced debt sales...

Corporate direct financing in South Korea decreased 6.7 percent on-year in the first half as bond sales plunged amid a sharp increase in market rates, data showed Thursday. Local companies raised a total of 114.5 trillion won ($87.1 billion) by selli...

 2022-07-27 10:27 

Korea Herald

Biz sentiment for July hits 17-month low on inflation, recession woes...

South Korea's business sentiment dipped to the lowest in 17 months in July, with companies bracing for rising inflation amid recession woes, a central bank poll showed Thursday. The business sentiment index (BSI) came to 80 for July, down two po...

 2022-07-27 10:20 

Korea Herald

Fed's rate hike to have limited impact on S. Korean market: finance minister...

South Korea's finance minister said Thursday the US Federal Reserve's latest rate hike is expected to have a limited impact on the domestic financial market as the outcome is in line with market expectations. Finance Minister Choo Kyung-ho made th...

 2022-07-27 10:05 

Korea Herald

N. Korean leader warns S. Korean govt., military will be wiped out if they make any 'dangerous attempt'...

North Korea's leader Kim Jong-un warned that the Yoon Suk-yeol government and its military will face annihilation should it make any "dangerous attempt," its state media said Thursday. Kim made the remarks during Wednesday's event...

 2022-07-27 10:03 

Korea Herald

S. Korean defender Kim Min-jae signs with Italian club Napoli...

South Korean defender Kim Min-jae has joined Italian football club Napoli. In a statement released Wednesday (local time), the club confirmed the signing of the Korean center back from Turkish club Fenerbahce in a bid to strengthen its defense. But i...

 2022-07-27 09:59 

Korea Herald

N. Korea's new suspected COVID-19 cases under 20 for 2nd day: state media...

North Korea's new suspected COVID-19 cases remained below 20 for the second consecutive day, according to its state media Thursday. The number of people who newly showed symptoms of fever over a 24-hour period until 6 p.m. the previous day stood...

 2022-07-27 09:58 

Korea Herald

New Korean War monument with names of fallen heroes unveiled in Washington...

WASHINGTON -- A new Korean War monument was dedicated in Washington on Wednesday, permanently displaying the names of over 43,000 US and South Korean service members killed during the war. The dedication of the Wall of Remembrance was marked by a cer...

 2022-07-27 06:31 

Korea Herald

[Nicholas Goldberg] Why do people believe in conspiracy theories?...

Watching the Jan. 6 committee hearings, one could be forgiven for believing we're living in the heyday of conspiracy theories, between the Holocaust denialism of the Oath Keepers, the loony pedophilia fears of the QAnoners and the "Stop t...

 2022-07-27 06:31 

Korea Herald

[Kim Myong-sik] New power needs to depart from past episodes...

In the 2 1/2 months since the inauguration of the Yoon Suk-yeol administration in Seoul, relations between the former and present ruling powers of South Korea have turned from bad to worse, despite the new president's assurance of &ldquo...

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