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• Source limited to: Korea Joongang Daily

 2023-03-16 20:47 

Korea Joongang Daily

Recession could fix inflation problem: Fkcci forum...

The French-Korean Chamber of Commerce and Industry (Fkcci) held its annual business forum on the global and domestic economic outlook on Thursday at the Mondrian hotel, central Seoul....

 2023-03-16 20:47 

Korea Joongang Daily

Spring cleaning...

People look over the section of cleaning products at Emart's Yongsan branch on Thursday. Emart will hold a discount promotion of cleaning products until March 29 for spring cleaning....

 2023-03-16 20:47 

Korea Joongang Daily

Samsung Electronics now owns 14.99 percent of Rainbow Robotics...

Its shareholding is now 14.99 percent following the earlier 59 billion won purchase....

 2023-03-16 20:46 

Korea Joongang Daily

WeMade's Night Crows pivots from 'loot box' to P&E model...

Night Crows, WeMade's first new major game franchise in five years, won't make players pay to get ahead of others, the company said Thursday. It's a move away from the...

 2023-03-16 20:46 

Korea Joongang Daily

Seoul Mobility Show will feature the future of transportation...

Kia's EV9 large all-electric sport utility vehicle and SsangYong Motor's Torres EVX mid-sized electric SUV are set to debut at the Seoul Mobility Show 2023....

 2023-03-16 20:45 

Korea Joongang Daily

National interest not a zero-sum game with Japan: Yoon...

President Yoon Suk Yeol stressed that it's in both Korea and Japan's national interests to normalize relations to better respond to security issues following his summit with Japanese Prime Minister Fumio Kishida on Thursday....

 2023-03-16 20:44 

Korea Joongang Daily

[NEWS IN FOCUS] China's ban on group tours to Korea spells disaster for tourism industry...

China's recent decision to exclude Korea from its overseas group tours destinations has dampened aviation and travel industries' high hopes of the return of millions of tourists, as well as their hundreds of millions of won....

 2023-03-16 20:44 

Korea Joongang Daily

LG tech...

LG Chairman Koo Kwang-mo gives a speech at the 2023 LG Tech Conference at LG Science Park in Gangseo District, western Seoul on Thursday. The LG Tech Conference is an event where executives introduce LG's latest technology and its vision to......

 2023-03-16 09:04 

Korea Joongang Daily

Korean shares fall Thursday amid concerns over Credit Suisse fiasco...

Stocks closed slightly lower Thursday amid concerns that the fiasco surrounding global investment bank Credit Suisse may worsen and harm the global financial sector. The won fell against the dollar....

 2023-03-16 09:03 

Korea Joongang Daily

Regional universities stand empty as number of students continues to fall...

The Korean academic year kicked off at the start of March, with students flocking to university campuses across the country in their thousands to resume their studies or begin their higher education journey....

 2023-03-16 09:03 

Korea Joongang Daily

Public gets look at colonial-era tram tracks...

Japanese colonial-era tram tracks that were recently discovered in Gwanghwamun, central Seoul, were shown to the public for the first time on Thursday....

 2023-03-16 09:03 

Korea Joongang Daily

Adoptee reunites with family 42 years after going missing at bus terminal...

A 46-year-old man who went missing at a bus terminal in Suwon, Gyeonggi, more than 40 years ago before being adopted by a German couple reunited with his biological family on Thursday....

 2023-03-16 09:03 

Korea Joongang Daily

Korea crash out of U-20 Asian Cup with loss to Uzbekistan on penalties...

Korea crashed out of the AFC U-20 Asian Cup on Wednesday, losing 3-1 to host nation Uzbekistan in the semifinals at Milly Stadium in Tashkent....

 2023-03-16 09:03 

Korea Joongang Daily

Police begin investigation into illegal Korean streaming website...

Police have started an investigation into the popular illegal streaming website noonoo TV, the Busan Metropolitan Police Agency's cyber team announced Thursday. "We are investigating the suspect, in cooperation with the Ministry of ......

 2023-03-16 09:03 

Korea Joongang Daily

Government releases numbers on Korea's 1 percenters...

Korean households need at least 3.28 billion won ($2.5 million) in net assets to qualify for the country's top 1 percent, according to 2022 data from Statistics Korea on Thursday. Real estate accounted for over 80 percent of the net assets of Korea.....

 2023-03-16 09:02 

Korea Joongang Daily

Deposit insurance limits could be increased in Korea post-SVB...

Deposit insurance limits could be increased in Korea amid talk of banks runs following the collapse of Silicon Valley Bank (SVB) in the United States. The Financial Services Commission (FSC) and Korea Deposit Insurance Corporation (KDIC) are......

 2023-03-16 09:02 

Korea Joongang Daily

Grandson of late president Chun dishes dirt on family...

The grandson of late former president Chun Doo-hwan has been setting tongues on fire with a series of revelations about his family, including accusation that it used ill begotten money to sustain a luxurious lifestyle....

 2023-03-16 09:02 

Korea Joongang Daily

Korea and Japan business groups form jointly managed future funds...

Korea and Japan's main business lobbies will establish funds for joint projects as part of the effort to further restore relations between the two countries....

 2023-03-16 00:34 

Korea Joongang Daily

North Korea fires long-range ballistic missile...

North Korea fired a long-range ballistic missile from Pyongyang on Thursday morning, according to South Korea's Joint Chiefs of Staff. The missile launch comes hours before the leaders of South Korea and Japan are scheduled to meet for a summit......

 2023-03-15 16:34 

Korea Joongang Daily

InterBattery 2023 gives insight to future of batteries...

From solid-state batteries to battery swapping, InterBattery 2023 is giving visitors a peek into how technically advanced Korean battery makers are in the EV race....

 2023-03-15 16:33 

Korea Joongang Daily

Doosan Enerbility contracts for power plant in Kazakhstan...

Doosan Enerbility won a deal to build a combined cycle power plant in Kazakhstan. It signed a contract with Turkistan LLP, a subsidiary of Kazakhstan's Samruk-Kazyna sovereign wealth fund, to construct a combined cycle power plant in Shymkent......

 2023-03-15 16:33 

Korea Joongang Daily

Hyundai Motor Group ranks third-largest automaker in world...

Hyundai Motor Group is now the world's third-largest automaker, outpacing General Motors and Stellantis....

 2023-03-15 16:32 

Korea Joongang Daily

Leaders of PPP, DP meet, vow to discuss policy issues on regular basis...

The leaders of Korea's two most powerful political parties held a one-on-one meeting on Wednesday and promised to discuss policy issues on a rolling basis....

 2023-03-15 16:31 

Korea Joongang Daily

After Posco donation to fund, other companies wait and see...

Domestic companies are cautiously "reviewing" whether to donate to a public foundation to compensate Japan's wartime forced labor victims after Posco donated a total of 4 billion won ($3.07 million) on Wednesday. The public foundation is to be...

 2023-03-15 16:30 

Korea Joongang Daily

Whiskey boom...

Customers shop for limited edition whiskeys at a Hyundai Department Store in Seongnam, Gyeonggi, on Wednesday. The department store opened a whiskey fair Whisky Eat as the distilled alcoholic beverage gains popularity among young Koreans......

 2023-03-15 16:29 

Korea Joongang Daily

Drinking inflation highest at restaurants, lower at stores...

Drinking at restaurants has become more expensive faster than buying booze from retailers. It's proven in numbers, and the government is attempting to control the beverage price — although experts question how effective its measures will be. For...

 2023-03-15 16:29 

Korea Joongang Daily

HYBE founder Bang Si-hyuk says there was no 'battle' with SM Entertainment...

HYBE did not lose in a battle to take over SM Entertainment because it was never a battle, HYBE founder and chairman Bang Si-hyuk said in a press conference held by a local journalists' club ......

 2023-03-15 16:28 

Korea Joongang Daily

Hyundai Elevator joins One Team Korea to win Indonesia orders...

Hyundai Elevator is joining a government-led consortium to win orders for Indonesian mega projects....

 2023-03-15 16:28 

Korea Joongang Daily

Yoon aims to restore economic ties during Japan trip...

President Yoon Suk Yeol will work to swiftly normalize economic cooperation between Korea and Japan during his two-day visit to Tokyo starting Thursday, according to the presidential office....

 2023-03-14 05:46 

Korea Joongang Daily

LG U+ offers customer support chat service for foreigners...

LG U+ is now providing a customer support chat service for foreigners, the telecom company said Tuesday....

 2023-03-14 05:46 

Korea Joongang Daily

Retailers cooking up range of promotions to win young customers...

Retailers are drawing up a wide range of strategies to encourage consumption amid a shopping slowdown....

 2023-03-14 05:46 

Korea Joongang Daily

NCT Dream to release English version its track 'Beatbox' on March 21...

NCT Dream will release an English version of its lead track "Beatbox" on March 21, the boy band's agency SM Entertainment said on Tuesday. The track will first be performed on the European and North American leg of its ......

 2023-03-14 05:46 

Korea Joongang Daily

Yoon Suk Yeol orders review of workweek reform proposal...

President Yoon Suk Yeol on Tuesday instructed the government to review the Labor Ministry's proposal to extend the maximum work week to 69 hours, especially taking heed to the opinions of younger people....

 2023-03-14 05:46 

Korea Joongang Daily

Homeplus sees first revenue growth in 12 years...

Retail store chain Homeplus saw its annual revenue grow for the first time in 12 years in 2022. "We've achieved growth in all distribution channels both online and offline," said Jay Lee at Homeplus's headquarters in Gangseo District, west...

 2023-03-14 05:46 

Korea Joongang Daily

Competition for spots at Korean postpartum care clinics fierce despite birthrate...

The competition for reserving a ward at one of Korea's postpartum care centers is fierce among parents-to-be while the clinics up their hospitalization fees amid the lowering demand from the nation's plummeting birthrates....

 2023-03-14 04:49 

Korea Joongang Daily

Kospi down over 2% Tuesday on concerns of Silicon Valley Bank fallout...

The Kospi plunged more than 2 percent on Tuesday on concerns of the contagion effects of the Silicon Valley Bank (SVB) fallout....

 2023-03-14 04:49 

Korea Joongang Daily

LG Chem, Unicef sign $200M deal to supply vaccines to children globally...

LG Chem inked a $200 million contract with Unicef to supply polio and pentavalent vaccines to 80 million children all over the world....

 2023-03-14 04:49 

Korea Joongang Daily

Department of Defense cites threats in Indo-Pacific in requesting record budget...

The U.S. Department of Defense (DoD) cited threats and challenges posed by China and North Korea in requesting an increase in defense expenditures to a new record amount on Monday....

 2023-03-14 04:49 

Korea Joongang Daily

Distributors transition to subscription-based membership...

Distributors are updating their policies on membership, switching to subscription-based models that compensate for higher barriers to entry by providing more coupons and reward points to members. Through the change, distributors hope to lock in......

 2023-03-14 04:49 

Korea Joongang Daily

Le Sserafim's Huh Yun-jin to release self-written track 'love you twice'...

Huh Yun-jin from girl group Le Sserafim will release her self-written track "love you twice" Tuesday at 1 p.m., her agency Source Music announced the same day....

 2023-03-14 04:49 

Korea Joongang Daily

U.S. court grants bail to former Lone Star official...

The former Seoul branch chief of Lone Star, who led the U.S. equity fund's controversial acquisition of a Korean bank nearly two decades ago, has been released on bail, the Ministry of Justice said Tuesday....

 2023-03-14 04:49 

Korea Joongang Daily

Girl group Apink to release 10th EP 'Self' next month...

Girl group Apink will release its 10th EP "Self" on April 5, according to its agency IST Entertainment on Monday night. This will be the group's first physical album since "Horn," released in February 2022, which was ......

 2023-03-14 04:49 

Korea Joongang Daily

Klinsmann calls up World Cup squad for March friendlies...

Jurgen Klinsmann called up 26 players on Monday for the upcoming friendly matches against Colombia and Uruguay, with only two changes made from the 2022 Qatar World Cup roster....

 2023-03-14 04:49 

Korea Joongang Daily

Korea needs to rebuild after WBC disappointment...

International baseball tournaments are few and far between, but this year, like the proverbial bus, two have come along at once. Korea have just a few months to reflect on a tough WBC before a team needs to be thrown together for the Asian Games...

 2023-03-14 04:49 

Korea Joongang Daily

Korea's financial market stable amid U.S. bank collapses: Finance minister...

Korea's financial market remains stable despite the failures of two U.S. banks, but the government will promptly come up with stabilization measures, if necessary, the finance minister said Tuesday....

 2023-03-13 14:26 

Korea Joongang Daily

A new The New Avanate...

The latest design for The New Avante, an upgraded version of Hyundai Motor's compact mid-size sedan Avante in Korea, was released on Monday....

 2023-03-13 14:26 

Korea Joongang Daily

KHNP reports a loss in 2022 even as nuclear energy output rises...

Korea Hydro & Nuclear Power (KHNP) posted a deficit in 2022, its first in four years, despite the increased operation of nuclear plants....

 2023-03-13 14:26 

Korea Joongang Daily

Cheap eats...

Students line up to eat breakfast sold at 1,000 won ($0.77) at Kyung Hee University in Dongdaemun District, eastern Seoul on Monday morning. Kyung Hee University was one of the universities that collaborated with a public institution under the......

 2023-03-13 14:25 

Korea Joongang Daily

Investigators indict 137 in draft-dodging scandal...

Prosecutors on Monday announced a final round of indictments in a case involving a fixer who helped over 100 men avoid mandatory military conscription by falsifying medical documents, including entertainers and athletes....

 2023-03-13 14:25 

Korea Joongang Daily

Fitch keeps Korea's credit rating unchanged at 'AA-,' outlook stable...

Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook, while suggesting an economic growth of 1.2 percent this year....

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