Marking a shift in generation after Chairman Chung Euisun took office, Hyundai Motor Group announced its regular reshuffle Friday, the largest yet with more than 200 promotions to senior positions. Many executives from the older generation, such as Hyundai Motor Vice Chairman Yoon Yeo-chul stepped down, with younger figures newly appointed to senior positions. That includes Choo Kyo-woong, the 47-years old former head of electrical and electronic systems development, who has been promoted as

As of Thursday, more than 50 percent of youths between 12 and 17 in Korea have received the first dose of COVID-19 vaccine and some 40.1 percent are fully vaccinated, officials said Friday. The Korea Disease Control and Prevention Agency said 1.55 million teenagers, 55.9 percent of the age group, have received the first dose of the vaccine. The rate of vaccination in older youths is higher, compared to a younger age group. More than 70 percent of those aged between 16 and 17 have received

Korean Air said Friday that it has joined Pratt & Whitney’s engine maintenance, repair and overhaul, or MRO, network to enhance its competitiveness in the field of aviation engine management. US aerospace company Pratt & Whitney is the producer of a high-bypass geared turbofan engine family called the Geared Turbofan, or GTF, and operates a global GTF engine MRO network with the industry’s top players such as Delta TechOps, Lufthansa Technik, and MTU Aero Engines. The A320n

Lotte Chemical Corp., a petrochemical unit of South Korean conglomerate Lotte Group, said Friday it will spend 250 billion won ($211.4 million) to expand its domestic production line of ethylene oxide adduct (EOA), an advanced material used in concrete. The expansion of the production line in Daesan, a county in the central South Chungcheong Province, will help boost its EOA production capacity by an annual 150,000 tons to 480,000 tons globally, the company said in a release. It will also incr

With stricter COVID-19 social distancing measures kicking in on Saturday, 45 days after the country had adopted a plan for a gradual return to normalcy, theaters and the arts sector are bracing for a difficult year-end -- again. From Saturday through Jan. 2, movie theaters, performing arts theaters and internet cafes nationwide will have to close by 10 p.m., while restaurants, bars and cafes are to close at 9 p.m. The film industry, which had been anticipating a recovery starting in November,

Centuries-old sport adapts to call of the times, filling child care void

Ruling Democratic Party (DP) presidential candidate Lee Jae-myung said Friday his elder son has denied allegations he visited a massage parlor for sex. The allegations were raised against Lee's 29-year-old son after he was found to have left a comment on an online poker forum that advised people against visiting a spa in Seongnam, south of Seoul, because it did not keep its massaging hours. "I also checked, but he says there was no sex trafficking," Lee told reporters after a party m

  Seoul’s Subway Line No. 1 posted the highest concentration of fine dust among all eight lines operated by Seoul Metro this year, data showed Thursday.  Subway Line No. 1 recorded an annual average of 74 micrograms per cubic meter of dust particles smaller than 10 micrometers in diameter, or PM10. The reading was higher than last year’s 66.6 micrograms, data from the operator of the eight subway lines in the Seoul metropolitan area showed. Line No. 4 came next at 70.

South Korea will inject 4.3 trillion won ($3.6 billion) in subsidies to support owners of small businesses and self-employed people struggling from social distancing rules necessitated by the pandemic, top officials said Friday. The support measures come a day after the government decided to reimpose restrictions due to a surge in infections. Finance Minister Hong Nam-ki said at a joint government briefing on the day, “If a sales decline is confirmed, the government will pay 1 million

GS Caltex said Friday its drone flew about 1 kilometer over Seoul to successfully deliver heating oil to its destination in a test run. According to the Korean total energy company, the demonstration was performed at the Korea Drone Expo 2021 in Yeouido, western Seoul, Thursday. The drone, which took off from a GS Caltex gas station, flew across the sky and landed at a nearby park 1 kilometer away. There, officials took out the heating oil from the drone and fueled a heater with it. “G

SK Group Chairman Chey Tae-won’s younger brother Chey Jae-won will take the post as the co-CEO of SK On, the group’s electric vehicle battery unit. According to SK on Friday, it held a board of directors meeting and appointed the junior Chey as the co-CEO. Chey Jae-won will lead SK On together with current CEO Jee Dong-seob. This is a return to management for Chey eight years after he stepped down from all posts in 2013 when he was sentenced to 3 1/2 years in prison for embezzl

A noncommissioned Air Force officer was sentenced to nine years of imprisonment Friday for sexually abusing a female colleague who later took her own life, according to a military court. The master sergeant, surnamed Jang, was accused of groping the victim of the same rank inside a car in March. He also blackmailed her not to report the case to the authorities while sending threatening text messages. The ruling by the General Military Court in Seoul came seven months after the victim took her

Prime Minister Kim Boo-kyum said Friday the government has mobilized all possible resources to provide additional financial support to small businesses that will be affected by the new virus curbs. Kim spoke at a joint press briefing with economy-related ministers on the government's plan to pay 1 million won ($844) each to 3.2 million small business owners following its announcement of stricter social distancing measures the previous day. "We came up with additional support measures that