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 2022-01-12 19:16 

Korea Herald

Max Changmin portrays fear and stress derived from surroundings through 'Devil'...

Max Changmin of boy band TVXQ became the first artist from S.M. Entertainment to hop onto the January music chart craze with his second mini-album, "Devil." The album, which dropped Monday evening, touches on the different colors of music...

 2022-01-12 19:08 

Korea Herald

Foreign creators excited over Korea's upcoming Hallyu visa...

Aiming to further cement its rising global profile as a soft power nation, South Korea is set to introduce a new visa program this year to draw global cultural talents. Dubbed the Hallyu visa in reference to the Korean Wave of films, TV dramas...

 2022-01-12 18:59 

Korea Herald

Yoo Ah-in, Ahn Eun-jin to star in Netflix's 'Goodbye Earth'...

Global streaming service Netflix has confirmed the casting for its original series "Goodbye Earth," Thursday. Actors Yoo Ah-in, Ahn Eun-jin, Kim Yoon-hye and Jeon Seong-woo will star in Netflix's new apocalypse movie, according to...

 2022-01-12 18:46 

Korea Herald

Kakao forbids stock option exercises by CEOs, executives...

Korea's IT giant Kakao said Thursday it will ban CEOs and executives representing its subsidiaries from selling company shares shortly after their market debuts in an apparent move to quell public criticism over their management ethics. Accor...

 2022-01-12 18:38 

Korea Herald

Chung Myung-whun appointed KBS orchestra's first honorary conductor...

The KBS Symphony Orchestra appointed renowned South Korean conductor Chung Myung-whun as its first-ever conductor laureate, according to the orchestra on Thursdsay. Chung's tenure began this month. Conductor laureate is an honorary position...

 2022-01-12 18:34 

Korea Herald

Discrimination against women, LGBT people 'pervasive' in Korea, Human Rights Watch says...

Discrimination against women, lesbian, gay, bisexual, and transgender people and racial and ethnic minorities is pervasive in South Korea, a new report from the Human Rights Watch said on Thursday. The annual 32rd World Report 2022 highlights the hu...

 2022-01-12 18:31 

Korea Herald

Biden imposes first NK-specific sanctions after missile tests...

The Biden administration on Wednesday imposed their first sanctions specifically targeting North Korea's act of developing weapons programs and proposed additional UN sanctions, in response to a series of purportedly "hypersonic" mi...

 2022-01-12 18:27 

Korea Herald

K-pop album sales surge 37% on-year in 2021 despite pandemic...

The K-pop music industry saw a surge in accumulated album sales last year despite the prolonged COVID-19 pandemic, thanks to top-tier artists such as BTS, EXO and aespa. According to a year-end report from the South Korean music chart tracker Gaon...

 2022-01-12 18:24 

Korea Herald

S. Korean flight on way back home from Kazakhstan a week after stranded...

A South Korean passenger jet carrying dozens of citizens departed Thursday from a Kazakh airport to return home, eight days after it got grounded in the Central Asian nation gripped by political turmoil. The Asiana Airlines Inc. flight took off from...

 2022-01-12 18:16 

Korea Herald

US offer of more UN sanctions on N. Korea seen as part of efforts for dialogue: Seoul...

South Korea said Thursday the US push for additional UN sanctions on North Korea appears intended to drum up a unified response from the international community to Pyongyang's recent provocations. Washington appears to want to expand sanctions under...

 2022-01-12 18:12 

Korea Herald

[Market Eye] Why Samsung, LG hold on to LCD despite slowing profitability...

It appears too soon to say that Samsung Display and LG Display, the nation's top display makers, will exit from the less lucrative LCD market amid a cutthroat competition with Chinese rivals with cheaper pricing. Until a few years ago, the tw...

 2022-01-12 18:09 

Korea Herald

Gov't vows to support digital transformation of auto industry...

The South Korean government said on Thursday it will standardize automotive data and promote intelligent manufacturing by carmakers and parts makers as part of efforts to support digital transformation of the auto industry. The aim is to turn 1,200...

 2022-01-12 17:54 

Korea Herald

Andre Jin Coquillard named Alumnus of the Year at Seoul Foreign School...

Seoul Foreign School announced Thursday that Andre Jin Coquillard has been named Alumnus of the Year for his athletic achievement. The award is the highest honor the school grants on its graduates, who presented excellence in their chosen field of...

 2022-01-12 17:52 

Korea Herald

[Newsmaker] Presidential candidate Ahn demands special investigation into corruption scandals around Lee Jae-myung...

People's Party presidential candidate Ahn Cheol-soo on Thursday openly attacked Democratic Party of Korea presidential candidate Lee Jae-myung, saying that those linked to allegations against him have been "silenced with death." Ah...

 2022-01-12 17:45 

Korea Herald

Posco, Adani join hands to build steel mill in India...

South Korea's top steel maker Posco said Thursday that it will be working with the Indian conglomerate Adani Group to build a reduced-emissions integrated steel mill in India and carry out other projects to reduce carbon emissions. The firm s...

 2022-01-12 17:43 

Korea Herald

Yoon vows to scrap planned electricity rate hike...

Main opposition presidential candidate Yoon Suk-yeol pledged Thursday to scrap the government's planned electricity rate hike if elected in March. Electricity prices are set to increase in April and October under a government scheme announced last m...

 2022-01-12 17:41 

Korea Herald

Daewoo E&C partners Vietnam's NBX Green Park for industrial zone development...

South Korean builder Daewoo Engineering & Construction and Vietnam's NBX Green Park, an affiliate of YSL Group, signed a memorandum of understanding to jointly develop the Nam Binh Xuyen Green Park Industrial Zone located in Vinh Phuc, Viet...

 2022-01-12 17:39 

Korea Herald

School-age population estimated to dip below 5 million in 2026...

The number of elementary and secondary school students in South Korea is expected to drop below 5 million for the first time in 2026, the government said Thursday, citing an ongoing decline of the school-age population. According to the Ministry of...

 2022-01-12 17:35 

Korea Herald

'Squid Game' director Hwang Dong-hyuk planning story set in near future...

Director Hwang Dong-hyuk, the mastermind behind South Korea's global phenomenon "Squid Game," had said that he plans to make a story set in the near future. "I am planning something that is futuristic. I've done stories...

 2022-01-12 17:21 

Korea Herald

Justice Party presidential nominee suspends all activities, campaign team disbands...

All members of the campaign team for presidential candidate Sim Sang-jung of the minor progressive Justice Party resigned Thursday, following Sim's decision to suspend all campaign activities the day before. Sim, who has been struggling to rai...

 2022-01-12 17:19 

Korea Herald

Young Koreans may be left with no pension...

South Koreans born after 1990 will not be able to claim their state pension if an overhaul of the current pension system is not carried out swiftly, a Seoul-based think tank said Thursday. With the nation's state pension age remaining relative...

 2022-01-12 17:17 

Korea Herald

Seoul stocks snap 2-day winning streak on US inflation woes...

South Korean stocks retreated after a two-day increase Thursday, as investors worry rising inflation in the United States could hasten the Federal Reserve's tapering move. The Korean won rose against the US dollar. The benchmark Korea Composite Stoc...

 2022-01-12 17:14 

Korea Herald

Korea ranks 32nd of 38 OECD members in Q3 growth...

SEJONG -- South Korea was found to have lagged far behind major countries in the latest economic growth, data from the Organization for Economic Cooperation and Development showed Thursday. According to the French-based organization, Korea's g...

 2022-01-12 17:03 

Korea Herald

Anyang set with big plans in 2022...

Anyang City, located in Gyeonggi Province, is expecting big changes this year, such as expansion of the local job market, improvements in its railroad network, upcoming renovation projects and more. Mayor Choi Dae-ho addressed some important agenda...

 2022-01-12 16:53 

Korea Herald

S. Korea's military capable of intercepting N.Korea's new missile: defense ministry...

South Korea's military is capable of both detecting and intercepting what North Korea claims to be a hypersonic missile, Seoul's defense ministry said Thursday. Boo Seung-chan, the ministry's spokesperson, highlighted the military's readin...

 2022-01-12 16:33 

Korea Herald

Samsung Biologics to start up Plant 4 early to cement leadership...

To solidify its No. 1 position in terms of production capacity, Samsung Biologics, a contract development and manufacturing organization under the Samsung empire, will begin partial operation of its fourth plant in Songdo, west of Seoul, this year, s...

 2022-01-12 16:11 

Korea Herald

Lee Jae-myung apologizes for real estate 'failure,' promises deregulation...

Presidential nominee Lee Jae-myung of the ruling Democratic Party of Korea publicly apologized again for his party's failure in controlling the housing crisis, promising regulatory reliefs to increase supply of new homes and thereby curb real e...

 2022-01-12 16:04 

Korea Herald

[Herald Interview] Want a job? Tech skills are a must...

The ongoing pandemic has brought a significant change in South Korea's job market where technology skills such as data visualization and coding -- not necessarily academic background -- have become prime qualities that businesses look for from...

 2022-01-12 16:01 

Korea Herald

Moon says pan-regional cooperation is key to balanced national development...

Panregional cooperation is the key to balanced national development, President Moon Jae-in said Thursday, presiding over the nation's first meeting for cooperation between central and regional governments. The meeting, called "the secon...

 2022-01-12 15:57 

Korea Herald

[Herald Interview] As a soloist and a band, Ha Hyunsang calibrates music through self-made stories...

Music is a universal language, and a powerful instrumental tool that can be a great healer. At a time when many are dogged by the coronavirus blues, people turn to songs for comfort. And for Ha Hyunsang, it was time to reset. Talking about his 3rd...

 2022-01-12 15:45 

Korea Herald

Gangnam's economy 22 times larger than Gangbuk: data...

Of Seoul's 25 districts, Gangnam-gu has the largest economy, with its total output being nearly 22 times the size of the smallest, Gangbuk-gu, data showed Thursday. According to the Seoul metropolitan government, Gangnam-gu's gross reg...

 2022-01-12 15:41 

Korea Herald

LPGA star Kim Sei-young to pace herself in pursuit of No. 1 ranking in 2022...

Kim Sei-young had collected at least one LPGA victory in every season since bursting on to the scene in 2015, but that streak came to an end in 2021. Looking back on last season, Kim said Thursday she might have overexerted herself in the early mont...

 2022-01-12 15:35 

Korea Herald

Lee leads Yoon 37% to 28%: poll...

Ruling party presidential candidate Lee Jae-myung is leading his main opposition rival Yoon Suk-yeol with 37 percent public support against Yoon's 28 percent, a survey showed Thursday. Lee of the liberal Democratic Party gained 1 percentage point fr...

 2022-01-12 15:32 

Korea Herald

Seoul, Washington consider putting off joint drills to April...

Seoul, Washington consider putting off joint drills to April By Ahn Sung-mi South Korea and the US are considering putting off their annual springtime combined military exercises from March to April, due to the March 9 presidential election and th...

 2022-01-12 15:32 

Korea Herald

Pro football season set for earliest start to accommodate World Cup...

The South Korean professional football will have its earliest start to a season in 2022 to accommodate participation in the FIFA World Cup in November, the league office announced Thursday. The 2022 K League 1 season will kick off Feb. 19, the faste...

 2022-01-12 15:30 

Korea Herald

Gwangju seeks to exclude HDC from construction projects...

The Gwangju Metropolitan Government will review legal measures to restrict Hyundai Development Company from participating in building projects in Gwangju, the city mayor said Thursday. "If legal measures allow, we will exclude HDC from partici...

 2022-01-12 14:41 

Korea Herald

Genesis ups 2022 sales target, hints at new EV...

Taking last year's momentum of Genesis expanding its global presence, Hyundai Motor's standalone luxury brand expects to increase its sales by 10 percent this year with its new lineups and electrified versions of high-end vehicles, its ch...

 2022-01-12 14:09 

Korea Herald

Foreign purchases of Korean securities at 12-yr high in 2021...

Foreign investors' net purchase of South Korean securities was the biggest in 12 years last year due largely to their buying spree of local bonds, central bank data showed Thursday. Foreigners bought a net $38.71 billion worth of Korean securities l...

 2022-01-12 14:07 

Korea Herald

Delinquency ratio on banks' loans edges up in November...

The delinquency ratio on loans extended by banks in South Korea inched up in November from a month earlier, the financial watchdog said Thursday. The rate for banks' won-denominated loans more than 30 days overdue stood at 0.25 percent as of end-Nov...

 2022-01-12 14:05 

Korea Herald

Banks' household loans dip in Dec. amid rate hike, tight lending rules...

South Korean banks' household loans declined in December due to the central bank's rate hike and tight lending rules, data from the Bank of Korea (BOK) showed Thursday. Outstanding bank loans to local households had come to 1,060.7 trillion won ($...

 2022-01-12 12:49 

Korea Herald

PPP seeks to stop TV broadcasting of Yoon's wife's alleged phone calls...

The main opposition People Power Party (PPP) on Thursday sought an injunction to stop a TV station from broadcasting the recordings of alleged phone calls between the wife of its presidential candidate Yoon Suk-yeol and a reporter. According to news...

 2022-01-12 12:38 

Korea Herald

1 missing worker at Gwangju construction accident site discovered...

One of six workers who went missing after the collapse of a facade on a high-rise apartment building under construction in Gwangju was discovered Thursday. Authorities have been searching for the missing construction workers since late Monday, when...

 2022-01-12 12:35 

Korea Herald

Moon calls for measures with excess tax revenue to help small merchants, self-employed...

President Moon Jae-in on Thursday ordered aides to come up with measures using excess tax revenue to help small merchants and self-employed people suffering from the economic fallout of COVID-19. Moon gave the instruction after he was briefed about...

 2022-01-12 12:30 

Korea Herald

Pitcher known for high fastball welcomes expanded KBO strike zone...

Doosan Bears' sidearm pitcher Choi Won-joon likes to live high in the strike zone. He threw his fastball about 58 percent of the time last year, and about 40 percent of those pitches sat in the top of the zone. Until last year, Choi wasn't always ...

 2022-01-12 12:27 

Korea Herald

Seoul to invest W345.9b in metaverse, other digitization projects in 2022...

The Seoul city government said Thursday it will invest a total of 345.9 billion won ($291.4 million) this year in projects harnessing such cutting-edge digitization technologies as metaverse, big data and artificial intelligence (AI). Up to 1,067 pr...

 2022-01-12 12:25 

Korea Herald

'Squid Game' creator Hwang Dong-hyuk says he still believes in humanity...

"Squid Game" creator Hwang Dong-hyuk has said he still believes in a humanity that moves people to put confidence in a better and more just society even under the life-and-death pressure of social survival games. "We are living in a s...

 2022-01-12 12:23 

Korea Herald

Moon expresses condolences over death of pilot in F-5E crash...

President Moon Jae-in expressed his condolences Thursday to the family of an Air Force pilot who died after his F-5E fighter crashed into a mountain earlier this week. "I pray for the repose of Major Shim Jeong-min, who died in the line of duty...

 2022-01-12 12:12 

Korea Herald

Cabinet members resume schedule after negative COVID-19 test results...

Sixteen Cabinet members resumed their schedules on Thursday after they all tested negative for the coronavirus after attending the same meeting with an infected member. The members had to take virus tests and cancel their schedules on Wednesday afte...

 2022-01-12 12:07 

Korea Herald

K-pop album sales increased 37% last year led by Hybe, SM...

The K-pop album market has been experiencing an unprecedented boom but the sales of digital music have been sluggish amid the coronavirus pandemic. According to the year-end data released by Korea's album sales tracker Gaon Chart on Wednesday, the n...

 2022-01-12 12:04 

Korea Herald

Seoul to consider introduction of startup visa: justice minister...

South Korea will consider introducing a new visa category for foreign startup entrepreneurs to vitalize the domestic startup ecosystem, according to Seoul's justice minister. At a South Korea-Germany startup industry roundtable meeting in Berlin on...

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