Meet the winners of the 1st Sejong Hangeul Olympiad

Seoul stocks finished marginally higher Thursday on overnight US stock gains amid a decline in international oil prices. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index edged up 0.19 percent, or 4.8 points, to 2,599.16. Trading volume was heavy at 603 million shares worth 13.48 trillion won ($9.99 billion), with gainers outpacing losers at 442 to 423. Institutions sold a net 299.6 billion won, while foreign and retail investors together bought a net

SEJONG — From runners in perfect gear to families with strollers and couples with dogs, nearly 7,000 participated in a fun race in the city of Sejong on Wednesday, celebrating King Sejong’s great gift to the Korean people, Hangeul. The 2024 Hangeul Run, held at Sejong Lake Park to mark the 587th anniversary of Hangeul’s proclamation in 1446, featured two courses: a 10.9-kilometer run commemorating Hangeul Day and a 5.15-kilometer course celebrating King Sejong’s birthda

While Korea Zinc has secured the support of US private equity giant Bain Capital amid a battle for management control of the company, market watchers suggest its backing could eventually cost the troubled zinc smelter a hefty amount. To thwart the takeover attempt from the MBK Partners-Young Poong alliance, the current management of Korea Zinc has teamed up with Bain Capital, a big-name investment company with over $185 billion (250 trillion won) in assets under management. Under Chairman Choi Y

Pyongyang unlikely to wage war based on Seoul military intelligence

South Korean mobile carrier KT Corp. said Thursday it will team up with US tech giant Microsoft to develop a new artificial intelligence model tailored to the Korean language and culture within the first half of next year. KT CEO Kim Young-shub presented its vision at the event and announced the goal of jointly developing a Korea-specific AI and cloud model aligned with Microsoft’s objectives. “Microsoft is well aware of Korea's significance in the global information and communi

Online test to become available in 13 countries in 2025

Negotiations between a US museum and the South Korean government are dragging out over the terms on which the museum will lend a 14th-century Buddhist reliquary to Korea, as the two sides follow up on their February agreement to push for a temporary loan. According to Rep. Lee Ki-heon of the Democratic Party of Korea on Thursday, the Museum of Fine Arts, Boston, has yet to say what it thinks of a June proposal by the Korea Heritage Service that it would immediately return the Buddhist reliquary

Toss Securities CEO Kim Seung-yeon resigned abruptly Thursday, six months before the end of his term. The firm's head of product, Kim Gyu-bin, was appointed as his successor during a general shareholders' meeting earlier in the day. Kim Seung-yeon, appointed to serve from April 2023 until April 2025, stepped down for "personal reasons," according to the company, which is the brokerage arm of fintech giant Toss. With his appointment, Kim Gyu-bin, 35, became the first securitie