Study shows 41 percent earn less than W20m a year

Hyundai Motor Group’s electric SUV models Ioniq 5 and EV6 have been picked as the most competitive electric SUVs in a ranking by the German automotive magazine Auto Zeitung, beating the same segment models from Mercedes-Benz, Tesla and Polestar, the carmaker said. Auto Zeitung’s latest edition compared Hyundai’s Ioniq 5, Kia’s EV6, Polestar’s Polestar 2, Tesla’s Model Y and Mercedes-Benz’s EQB, based on the categories of driving comfort, powertrain, dr

Starbucks Korea said Sunday that it has donated a piece of calligraphy by Manhae Han Yong-un, a 20th century Korean Buddhist reformer and poet who also fought for Korea’s independence, to the National Trust for Cultural Heritage to mark the 103th anniversary of Korea’s Independence Movement Day that falls on March 1.  The writing, which reads “Jeon Dae Beob Ryun,” has the meaning that a world of great truth does not settle but constantly evolves. As the only piece

Hana Bank said Sunday it will expand its wealth management services to trading art pieces -- both physical and digital -- amid growing retail demand for alternative assets. Hana Bank has forged a partnership with Seoul Auction Blue, an online auction house, to jointly work on developing new businesses such as nonfungible tokens and metaverse platforms, and operating online education and community platforms on art. The two will also provide traditional art services including artwork sales, art

The presidential election is just 10 days away, and the main opposition party is making a last-ditch effort. Or is it?

President Moon-jae-in, presidential candidates pay respects to Lee

Posco Chemical, the battery and chemical materials manufacturing arm of Posco Group, said Sunday it will expand investment in low-expansion anodes, a material needed for electric vehicle batteries. Low-expansion anodes are uniquely developed by Posco Chemical that enhance the safety, lifespan and charging speed but at a more affordable price, according to the company.  The production expansion plan from the current 7,000 metric tons to 35,000 tons was approved by the board of directors o

Hyundai Motor Group’s hydrogen-powered fuel cell bus Elecity FCEV provides public transport in Vienna in this picture released Sunday.  Austria’s public transportation corporation Wiener Linien began running the eco-friendly bus on its most crowded bus route, according to Hyundai.  The Korean carmaker’s supply of Elecity FCEV is part of the Austrian government-led hydrogen infrastructure expansion project called HyBus Project. Starting with the delivery of three E

The military on Sunday reported 843 additional COVID-19 cases, raising the total caseload among its domestic personnel to 17,736. The new cases included 490 from the Army, 107 from the Navy, 102 from the Air Force and 85 from the Marine Corps. There were also 46 cases from units under the direct control of the defense ministry, 12 from the ministry and one from the Joint Chiefs of Staff. Currently, 4,949 military personnel are under treatment. (Yonhap)

Senior South Korean and US government officials handling North Korea affairs had phone consultations Sunday on Pyongyang's latest missile test, Seoul's foreign ministry said. Noh Kyu-duk, special representative for Korean Peninsula peace and security affairs, and his American counterpart Sung Kim shared their assessments of the North's move and expressed "deep concern and regret," it said. Earlier in the day, the North lobbed a ballistic missile into the East Sea in its eighth show of

LG Innotek Co. signed an agreement with some 100 partner firms on financial, technological, management and educational cooperation on Thursday in its annual event for shared growth which it has held since 2010. This year, the IT components maker said it will start providing partner firms with expert consultations on environmental, social and corporate governance, and increase financial support for partners’ factory automation. LG Innotek said it will also offer partner firms knowhow on i

Korea’s sole smartphone maker to set up 1,745 square-meter exhibition to showcase Galaxy multidevice connectivity at MWC 2022

The newly minted Korea Coast Guard Commissioner Jeong Bong-hoon, who celebrated his 50 days in office on Jan. 24, is busy devising a blueprint for the Coast Guard. With a background in security and investigation, he has detailed broad ideas for Korea’s future as maritime power. It took over an hour for Jeong to discuss plans he intends to pursue as chief of the Coast Guard. The following is the full transcript of the interview. Q: How was your first two months in office? A: To serve the

Samsung Electronics Co. said Sunday it will showcase a new lineup of goods from flagship smartphones to laptops during the upcoming global technology trade fair in Spain. The Mobile World Congress (MWC) 2022 is set to take place from Monday to Thursday in Barcelona. It is one of the top three annual tech events in the world, along with the Consumer Electronics Show in the United States and the IFA in Germany. First, Samsung will hold the virtual "Samsung Galaxy MWC Event 2022," which w

SKT's low-power AI chips, metaverse platform and KT's virus-killing robots to debut in Europe