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 2022-08-11 14:53 

Korea Herald

South Korea pardons chaebols for 'COVID-19's economic fallout'...

Chaebol bosses -- most notably of Samsung and Lotte -- are being given special presidential pardons and being bailed out of jail in light of the economic crisis triggered by the pandemic. The first round of special pardons by the Yoon Suk-yeol admin...

 2022-08-11 12:37 

Korea Herald

Yoon expected to hold press conference to mark 100 days in office...

President Yoon Suk-yeol is expected to hold a press conference next week to mark his first 100 days in office, a presidential official said Friday. The press conference will be held at the presidential office on Wednesday to coincide with the 100th d...

 2022-08-11 12:33 

Korea Herald

PPP to take disciplinary action against lawmaker for insensitive remarks during cleanup work...

The ruling People Power Party (PPP) is expected to take disciplinary action against a party lawmaker after he came under fire for making remarks wishing for more rain during voluntary cleanup work in the wake of massive downpours. Rep. Kim Sung-won d...

 2022-08-11 12:29 

Korea Herald

NMK to showcase Lee Kun-hee's collection overseas by 2025...

An impressive collection of national treasures and artworks donated to the country by the family of the late Samsung Chairman Lee Kun-hee, also known as the Lee Kun-hee Collection, will be taken overseas as early as 2025, according to Yoon Sung-yong,...

 2022-08-11 12:15 

Korea Herald

Supreme Court upholds acquittal of Shincheonji leader...

The Supreme Court on Friday upheld lower courts' acquittal of a religious sect leader of charges that he obstructed the government's response to COVID-19 outbreaks in 2020. Lee Man-hee, the 91-year-old founder of the Shincheonji Church of J...

 2022-08-11 12:09 

Korea Herald

British documents shed light on Korean liberation forces' fight against Japanese imperialist forces...

South Korea's patriots ministry on Friday unveiled part of rare documents confirming a group of Korean independence activists fought alongside British troops in a joint military campaign against Japan's imperial forces during World War II....

 2022-08-11 11:43 

Korea Herald

S. Korean auto industry requests US House rethink proposed tax credits for EV purchases...

A major association for South Korea's car industry has sent a letter to the US House of Representatives and requested changes in tax incentives proposed under a major climate change and energy bill, stressing that they could put Korean carmakers...

 2022-08-11 11:17 

Korea Herald

S. Korean football's 2 worst clubs set for weekend showdown...

While the title race has been drawing most of the attention in the top South Korean football league in recent weeks, the spotlight will turn to the bottom of the tables this weekend, with the two worst clubs gearing up for their third meeting of the...

 2022-08-11 10:53 

Korea Herald

Yoon says pardons aim to help people's livelihoods, economic recovery...

President Yoon Suk-yeol said Friday that people's livelihoods and economic recovery are the focus of his special pardons to be granted ahead of Liberation Day. The pardons will be approved during an extraordinary Cabinet session presided over by Yoon...

 2022-08-11 10:50 

Korea Herald

S. Korea's new COVID-19 cases fall for 2nd straight day...

The number of new daily COVID-19 cases in South Korea declined for the second straight day Friday, but infections stayed above 100,000 for a fourth day amid a fast-spreading omicron variant of the virus. The country added 128,714 new COVID-19 infecti...

 2022-08-11 10:43 

Korea Herald

Seoul shares open slightly higher amid persistent rate hike concerns...

South Korean stocks opened marginally higher Friday amid persistent woes over the US Federal Reserve's monetary tightening. The Korea Composite Stock Price Index (KOSPI) added 3.85 points, or 0.15 percent, to 2,527.63 in the first 15 minutes of...

 2022-08-11 10:38 

Korea Herald

Past, present, future of S. Korea's first homegrown KF-21 fighter jet...

South Korea's first independently developed fighter jet soared into the sky in July, making a huge leap forward in the aerospace and defense industry. But the giant step took nearly 20 years, after the South Korean military decided to develop t...

 2022-08-11 10:28 

Korea Herald

Import prices fall for 1st time in 3 months in July on declining oil prices...

South Korea's import prices fell for the first time in three months in July as global oil prices declined amid concerns about a global recession, central bank data showed Friday. The import price index inched down 0.9 percent in July from a mont...

 2022-08-11 10:13 

Korea Herald

Govt. to swiftly take steps to designate rain-hit areas as special disaster zone...

Prime Minister Han Duck-soo on Friday instructed the government to swiftly take steps to designate areas that were hit by heavy rains early this week as a special disaster zone. If designated, the rain-hit areas will be eligible for the government�...

 2022-08-11 10:09 

Korea Herald

US concerned by N. Korea's 'strengthened rhetoric' around its nuclear program: State Dept....

WASHINGTON -- The United States is preparing for all contingencies amid signs of a potential North Korean nuclear test but is concerned by Pyongyang's "strengthened rhetoric" around its nuclear program, a state department spokesperson...

 2022-08-11 10:01 

Korea Herald

[Around the Hotels] Promotions and packages...

Four Seasons Hotel Seoul presents signature set menu for office workers Oul, a Korean contemporary bar situated on the second floor of Four Seasons Hotel Seoul, presents the "OUL signature set" suitable for dinner gatherings. The signa...

 2022-08-11 10:01 

Korea Herald

[Well-curated weekend] Keep calm and visit library, hanok for peace of mind...

After the unexpected record downpour that wreaked havoc over South Korea, this weekend is a good time to halt the usual weekend routine and give ample rest to your mind and body. Surrounded by two grandiose mountains that reach some 600 meters high,...

 2022-08-11 06:30 

Korea Herald

[Robert J. Fouser] Metropolitan areas redefined...

The population of South Korea declined for this first in history in 2021, according to recently released official statistics. The decline marked the beginning of a downward trend that will accelerate in the middle of the century. The news prompted an...

 2022-08-11 06:30 

Korea Herald

[Editorial] No to Three No's...

As expected, the first talks between South Korean Foreign Minister Park Jin and his Chinese counterpart Wang Yi ended without agreement, exposing a serious difference of position on an array of issues. Wang came up with a proposal for five things bo...

 2022-08-10 21:50 

Korea Herald

ASEAN-hosted security meeting backs complete denuclearization of Korean Peninsula...

The foreign ministers of the Association of Southeast Asian Nations and other major powers reaffirmed their commitment to the denuclearization of the Korean Peninsula and support for diplomacy toward the goal during a regional security forum, a state...

 2022-08-10 20:28 

Korea Herald

Hyperound K-Fest 2022 to be held in Abu Dhabi next month...

A Korean music festival in Abu Dhabi, dubbed "Hyperound K-Fest 2022," will be held on Sept. 10 at the Etihad Arena on Yas Island, the largest indoor entertainment venue in the Middle East. Jointly hosted with the Abu Dhabi Department of...

 2022-08-10 19:49 

Korea Herald

'Where would I go?': Seoul's underground dwellers see few options...

Seoul is banning subterranean living spaces after a series of deaths due to flooding. Over the last three days of downpour, a child and three adults drowned in their semi-basement homes, known as "banjiha." Seoul announced Wednesday tha...

 2022-08-10 19:29 

Korea Herald

[Today's K-pop] Blackpink unveils teaser for upcoming pre-release...

Blackpink floated two sets of teaser photographs for "Pink Venom," a pre-release single from its second studio album, on Thursday. The four members each struck a pose for the camera in the second batch of photographs, a darker version o...

 2022-08-10 19:07 

Korea Herald

'Formula E is all about technology, sustainability'...

As DS Techeetah, a racing team by Stellantis' French auto brand DS Automobiles, aims to win the Formula E season finale championship taking place in Seoul over the weekend, its team racers said the championship is all about technology and susta...

 2022-08-10 19:05 

Korea Herald

Panacell Biotech to treat long COVID using stem cells...

South Korean bio company Panacell Biotech said Wednesday it will start clinical trials to test the toxicity of natural killer cells, exosomes, and brown adiposed-derived stem cells when used to treat long COVID. Natural killer cells are immune cell...

 2022-08-10 18:53 

Korea Herald

S. Korean military braces for N. Korea's local provocations: Defense minister...

The South Korean defense minister said Thursday that he braced for the possibility of North Korea conducting local provocations for the foreseeable future, assessing that North Korea has sought to make a pretext of provocations. Defense Minister Le...

 2022-08-10 18:53 

Korea Herald

Travel ban again between Gayang and Dongjak Bridge...

The section of the Olympic-daero between Gayang Bridge and Dongjak Bridge has been closed off from Thursday 3 p.m. due to heavy rain. The outflow of the Paldang Dam increased due to torrential rains in Seoul and the upper regions of the Han River, a...

 2022-08-10 18:52 

Korea Herald

'More rain for nice photo' lawmaker incites public wrath...

Rep. Kim Sung-won of ruling People Power Party is facing criticism over his remarks wishing for rain at a flood recovery volunteer work site. "I hope it rains for nicer photos," Kim was caught saying by a television camera, at a recover...

 2022-08-10 18:44 

Korea Herald

Coupang raises earnings outlook after first profit...

South Korean e-commerce giant, Coupang, raised its earnings forecast for the year after posting its first-ever profit for the entire business in the second quarter, as bigger operating cost savings and higher membership fees improved profitability, t...

 2022-08-10 17:35 

Korea Herald

Seoul dismisses Beijing's claim, says THAAD is Korea's means of self-defense...

Friction between Seoul and Beijing over a US anti-ballistic missile defense system continues, with the two sides issuing statements and rebuttals over Seoul's position. On Thursday, Seoul flatly dismissed Beijing's claim that Seoul had...

 2022-08-10 17:10 

Korea Herald

Korea to expand food supply to tame prices ahead of Chuseok...

SEJONG -- Economic policymakers said Thursday that they would seek to stabilize consumer prices ahead of the Chuseok holiday by greatly expanding supply and issuing discount coupons for agricultural, livestock and fishery products. They also decided...

 2022-08-10 17:10 

Korea Herald

Seoul shares rally as softened US inflation eases steep rate hike woes...

South Korean stocks jumped 1.73 percent Thursday, taking a cue from an overnight Wall Street rally after softer-than-expected US inflation data helped ease worries about a drastic rate hike by the Federal Reserve, analysts said. The local currency ga...

 2022-08-10 16:26 

Korea Herald

Independent thriller movie 'Drown' to compete with big budget films this summer...

While local theaters are packed with big-budget Korean films like "Hansan: Rising Dragon," "Emergency Declaration" and "Alienoid," director Lim Sang-su hopes his independent film "Drown" will attract mo...

 2022-08-10 16:25 

Korea Herald

S. Korea's COVID-19 deaths rise to three-month high...

Nearly 60 people died with the COVID-19 virus Wednesday, the highest in around three months, and is expected to keep rising along with cases. According to data released by the Korea Disease Control and Prevention Agency on Thursday, South Korea add...

 2022-08-10 16:22 

Korea Herald

[From the Scene] Korea's 1st domestic COVID-19 vaccine ready...

ANDONG, North Gyeongsang Province -- Hundreds of vials were lined up on the belt of a packaging machine at L House, SK Bioscience's vaccine manufacturing facility in Andong, North Gyeongsang Province on Wednesday afternoon, as the developer of...

 2022-08-10 16:20 

Korea Herald

LG Innotek's quality control gets recognition from JLR...

The electronic parts supplier LG Innotek was awarded with the Jaguar Land Rover Quality Certificate for two consecutive years, the company said Thursday. The certificate, awarded by UK car manufacturer Jaguar Land Rover, evaluates partner companies...

 2022-08-10 16:18 

Korea Herald

SK Innovation CEO asks Poland's support for Korea's World Expo bid...

SK Innovation Vice Chairman and CEO Kim Jun visited Poland to ask the Polish government for its support of South Korea's bid to host the 2030 World Expo in Busan, the company said Thursday. Kim met with Waldemar Buda, the Polish minister of e...

 2022-08-10 16:17 

Korea Herald

Starbucks Korea to recall 1.8m giveaway bags containing toxic chemicals...

Starbucks Korea said Thursday it will voluntarily recall some 1.8 million giveaway "summer carry bags" after drawing public ire for handing out items containing cancer-causing chemicals. After consulting with the state-run Korean Agency...

 2022-08-10 16:17 

Korea Herald

NK leader's sister blames Seoul for COVID-19, threatens 'extermination'...

Kim Yo-jong, the sister of North Korean leader Kim Jong-un, on Wednesday blamed South Korea for the COVID-19 outbreak in the North, and threatened the "extermination" of South Korean authorities. According to the North's Korean Ce...

 2022-08-10 16:01 

Korea Herald

[Herald Interview] Babylon sings eternal beauty of classics, originals in 'Ego 90's'...

The value of classics lies in its everlastingness, and such a trait shines even brighter at a time when the world seems to evolve too fast while our heart still lingers on the past. But the past is where our present lies, and South Korean musician B...

 2022-08-10 15:24 

Korea Herald

Ex-President Lee Myung-bak likely to be excluded from pardon list...

President Yoon Suk-yeol is likely to exclude politicians, including former President Lee Myung-bak, from the list of special pardons for National Liberation Day on Aug. 15, apparently because he is mindful of public opposition to the pardon of politi...

 2022-08-10 15:14 

Korea Herald

Seoul Festa 2022 kicks off spectacle-filled five-day run with K-pop Super Live...

The Seoul Metropolitan government kicked off its annual tourist event, Seoul Festa, on Tuesday, marking the event's return after two years of a pandemic-induced hiatus. With the ambition to boost tourism in the capital city, the festival kicke...

 2022-08-10 15:14 

Korea Herald

By 2025, half of Samsung's premium phone shipment will be foldables...

Samsung Electronics mobile head, Roh Tae-moon, said the South Korean tech giant looks to target wider audiences with its Galaxy foldable phones in a bid to address the sluggish growth of its premium smartphones and macroeconomic headwinds, in a press...

 2022-08-10 15:12 

Korea Herald

Civic groups slam housing policy for semi-basement deaths...

Civic groups on Wednesday called for overhaul of government housing policies, claiming that related policies are the root cause of deaths in semi-basement homes in Monday night's downpour. According to the authorities, four of the 11 con...

 2022-08-10 15:11 

Korea Herald

Landslide alerts issued for most of Korea...

The authority has elevated landslide warnings for North Jeolla Province and North Gyeongsang Province as of 11 a.m. Thursday as rain cloud move south. In Seoul, Incheon, Daejeon, Sejong, Gyeonggi Province, Gangwon Province, North Chungcheong and Sou...

 2022-08-10 15:00 

Korea Herald

Foreigners become net buyers of S. Korean stocks for 1st time in 6 months in July...

Foreign investors became net buyers of South Korean stocks for the first time in six months in July on expectations that the Federal Reserve may slow the pace of monetary tightening, central bank data showed Thursday. Foreigners' stock investmen...

 2022-08-10 14:58 

Korea Herald

Coway's Q2 net profit up 14.4% amid new product launches...

South Korean home appliance brand Coway said Wednesday that its second-quarter net profit rose 14.4 percent from a year earlier on the back of innovative product launches. The company logged 132.5 billion won ($101.7 million) in net profit between...

 2022-08-10 14:32 

Korea Herald

Money supply up for 3rd month in June on increased deposits...

South Korea's money supply grew for the third straight month in June on increased deposits amid rising interest rates, central bank data showed Thursday. The country's M2, a key gauge of the money supply, stood at 3,709.3 trillion won ($2.8...

 2022-08-10 14:26 

Korea Herald

Former Le Ssserafim member Kim Ga-ram breaks silence, denies bullying...

Kim Ga-ram, a former member of rookie girl group Le Ssserafim, spoke out about the bullying rumors against her that eventually led to her departure from the band. Kim on Wednesday posted a letter on her friend's Instagram account, explaining...

 2022-08-10 12:45 

Korea Herald

PM holds meeting on recovery work in rain-hit areas...

Prime Minister Han Duck-soo held a meeting with relevant authorities to review how the recovery from this week's heavy rain damage has progressed, Han's office said Thursday. Two days of the heaviest rainfall in 80 years battered Seoul and...

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