South Korea, the United States and Japan are accelerating efforts to convene a trilateral summit by the end of this year to bolster deterrence against North Korean threats and enhance regional security in light of rising Sino-US tensions. President Yoon Suk Yeol's National Security Adviser Shin Won-sik said in an interview with KBS Sunday that the three parties are "moderately building a consensus" for a standalone three-way summit "as soon as possible after" multilatera

Samsung Electronics, South Korea’s largest chipmaker, has seen its market cap shrink by a staggering 90 trillion won ($66.6 billion) since September, largely driven by a sustained selling spree among foreign investors. According to the Korea Exchange on Sunday, foreigners have net sold 10.6 trillion won in Samsung Electronics shares over the past month, marking 23 consecutive days of selling since Sept. 3 -- just two days shy of the record 25-day selling streak set in 2022. During this per

The 29th Busan International Film Festival ended Friday after a 10-day run during which it hosted 145,238 guests and screened 224 films from 63 countries. The BIFF organizers said the seat occupancy rate at its 28 screens in seven Busan theaters reached 84 percent, a slight increase over last year's 82 percent. This marks the highest seat occupancy in the festival’s history, surpassing even the pre-pandemic years when it featured more than 300 films. This year’s New Currents Awa

Korean startup eyes growth in Southeast Asia’s public transport market

Louis Vuitton has invited Korean VIPs on an exclusive 10-day shopping trip to the five-star JW Marriott Jeju Resort & Spa, starting Oct. 23, according to sources with direct knowledge of the matter. The French luxury house will pay for flights and accommodations for between 100 and 500 VIP guests, who will be asked to purchase at least one showcased item, among them the brand’s latest spring-summer 2025 collection revealed earlier this year. The sources confirmed that the event wouldn&

LG Innotek Chief Executive Officer Moon Hyuk-soo is stepping up efforts to recruit top talent from around the globe with the goal of boosting the company's competitive edge in the global market, where it makes the vast majority of its sales, the company said Sunday. Moon recently traveled to the US and hosted the company's main hiring event, "Inno Connect," in San Francisco, where he and Chief Human Resources Officer Kim Heung-sik and Chief Technology Officer Roh Sung-won pre

SK Chairman Chey Tae-won's second daughter Chey Min-jung, 33, tied the knot with Chinese American entrepreneur Kevin Huang in a private wedding in Seoul, where some 500 guests, including the country's top business leaders, gathered for the celebration. Amid their ongoing divorce suit, Chey Tae-won and his ex-wife Roh Soh-yeong both attended the wedding, facing each other for the first time since the latest court ruling in May. Chey Min-jung and Huang reportedly met as neighbors in Wash

The works of South Korean Nobel laureate Han Kang are available in 20 languages at Seoul's open-air libraries, city officials said Sunday. The exhibitions, which opened Friday at three locations — Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon — celebrate the 53-year-old novelist's Nobel Prize win and feature a curated selection of 10 works, according to the Seoul Metropolitan Government. In addition to her books in the original language, the exhibitions feature transl

Amid uncertainties in the landscape of medical education in South Korea following the government's plan to hike the admissions quota, Education Minister Lee Ju-ho on Sunday vowed to ensure the quality of medical education while pleading with medical students now in their ninth month of a strike against the plan to return. In a Korean-language interview with Yonhap News Agency, Lee said he "emphasizes as the education minister" that the level of medical education will remain high,

Both missing caregivers caught in Busan after leaving Seoul program to work illegally as cleaners

South Korean writer Han Kang's books are enjoying soaring popularity across various sales channels, from bookstores and e-commerce platforms to department stores, following her Nobel Prize in literature win last week. Kyobo Book Center reported Friday that around 103,000 copies of Han’s works had sold through its online and offline stores just one day after the Nobel announcement. Competitors Yes24 and Aladin sold more than 132,000 and 70,000 of her books, respectively, over the sam

Hyundai Motor Group is celebrating four years of Chung Euisun’s leadership as executive chair on Monday. During this period, the automaker has experienced rapid growth, expanded into new markets and positioned itself as a major player in electric vehicles and future technologies. But new challenges lie ahead, particularly in software, robotics and urban air mobility. When Chung officially took over in 2020, Hyundai and its sister brand, Kia, were solid players but not exactly leaders in th

Posco Future M has started operations at its new plant in Pohang, North Gyeongsang Province, dedicated to producing nickel-cobalt-aluminum cathode materials for electric vehicle batteries. The plant, which shipped its first batch over the weekend, will help meet the growing demand for high-performance EV battery components. NCA cathode materials, with 88 percent nickel content, are key for making EV batteries more efficient. In January 2023, Posco Future M secured a 40 trillion won ($29.6 bill

South Korea maintains ambiguous stance, while North Korea fails to provide clear evidence

Han Kang, who made history by winning the Nobel Prize in literature, is now also influencing the music scene. According to major local music platform Melon, K-pop sibling duo AKMU’s “How Can I Love the Heartbreak, You’re the One I Love,” which Han Kang had previously recommended, has made a resurgence on Melon’s Top 100 and Daily charts. As of Sunday, the song climbed to No. 43 on Melon’s Top 100 and No. 27 on the Daily chart. "How Can I Love the Heartbre