Lee Jae-myung, the presidential nominee of the ruling Democratic Party, said Wednesday he will increase the government's investment in startups to 10 trillion won ($8.50 billion) by 2027 and help create 300,000 annual jobs in new technologies and industries. If elected, Lee said he will also improve the financial, tax and regulatory system for small businesses and offer them tailored assistance to support their growth to mid-sized and large firms. "Fair growth in which businesses large an

Peter Chung Soon-taick will officially assume the role of the new archbishop of Seoul on Wednesday, succeeding Cardinal Andrew Yeom Soo-jung, who served in the post for nearly a decade. Chung's installation ceremony and Mass will be held at Myeongdong Cathedral in central Seoul at 2 p.m., according to the Archdiocese of Seoul. During the ceremony, the 60-year-old archbishop will accept pastoral staff symbolizing the authority of the pastoral office from his predecessor Yeom and take a seat in

South Korea's military on Wednesday reported 31 additional COVID-19 cases, including 28 breakthrough infections, raising the total caseload among its personnel to 2,583. Of the new cases, 26 people are from the Army, two from the Air Force, two from the Navy and one from a military unit under the direct control of the defense ministry, officials said. Currently, 302 miliary personnel are under treatment. Of the total military caseload, 854 are breakthrough cases. (Yonhap)

South Korea has asked for Russia's cooperation to ensure the stable supply of urea, grain and other major items amid Russia's export quotas, Seoul's finance ministry said Wednesday. Finance Minister Hong Nam-ki made the request Tuesday during a virtual South Korea-Russia joint committee meeting on the economy, science and technology with Yury Trutnev, Russia's deputy prime minister and presidential envoy to the Far Eastern Federal District. During the video conference, Hong asked for the smoot

Seoul's daily coronavirus cases reached a record high of 2,901 on Wednesday as the country's total surpassed 7,000 for the first time since the pandemic began, officials said Wednesday. Seoul's total was up 781 from the previous day and up 628 from the previous high of 2,273 logged Friday, according to the Central Disease Control Headquarters. Of the total, 2,890 were local infections and 11 were from overseas. Seoul saw its daily virus figure exceed 2,000 every day except for Sunday in the p

Ai Weiwei, whose first large-scale show in Korea opens this week, won’t be here in person

South Korea's average temperature in the January-November period reached an all-time high of 14.4 degrees Celsius, making this year likely to be the warmest year ever, the state weather agency said Wednesday. The 11-month average temperature marks the highest since 1973 when the country beefed up weather observation networks across the nation, according to the Korea Meteorological Administration. With the average daily temperature in December projected to be warmer than previous years, the yea

Yoon Suk-yeol, the presidential nominee of the main opposition People Power Party, is leading his rival Lee Jae-myung of the ruling Democratic Party by 8.2 percentage points in a hypothetical multicandidate race, a survey showed Wednesday. Yoon earned 45.3 percent support against Lee's 37.1 percent in the survey of 1,036 adults conducted Monday and Tuesday by Realmeter. Yoon gained 1.6 percentage points from the previous Realmeter survey released on Nov. 29, while Lee added 2 points. The poll

지난 주에 이어 우리 일상의 대화를 좀 더 세련되게 만들 수 있는 표현들을 보겠습니다. 저희 책 『나는 더 영어답게 말하고 싶다 일상회화 편 2』에서 뽑은 표현들입니다.   <강조, 설명할 때> 1 A I don’t understand Julie. Her daughter just wants to make friends, but she never lets her go out. B There's a fine line between caring for your child and overprotecting her. A 나는 줄리가 이해가 안 가. 딸이 친구를 사귀려는 것뿐인데 집 밖에 내보내지를 않아. B 아이를 돌보는 것과 과잉보호하는 것 간의 차이를 구분하기는 힘들잖아. SITUATION 같아 보이지만 구별해야 한다고 말할 때 평범하게 Passion should be different from madness. 영어답게 There&

　Tel Aviv is the world’s most expensive city to live in, as soaring inflation has pushed up living costs globally, according to a survey.  　The Israeli city climbed five rungs to top the list for the first time in the authoritative ranking compiled by the Economist Intelligence Unit. 　The Worldwide Cost of Living Index is compiled by comparing prices in US dollars for goods and services in 173 cities.  　Tel Aviv climbed the rankings partly due to the strength of the national

South Korea's new coronavirus cases hit an all-time high on Wednesday as infections continued to surge around the country amid waning immunity and colder weather. The country confirmed 7,175 new COVID-19 infections, raising the total caseload to 489,484, according to the Korea Disease Control and Prevention Agency (KDCA). The daily tally was up by 2,221 from a day earlier, the biggest daily jump since the pandemic began early last year. The previous record of 5,352 was set on Saturday. The av

South Korean stocks opened steeply higher Wednesday, tracking overnight gains on Wall Street that stemmed from easing concerns about the omicron variant. The benchmark Korea Composite Stock Price Index (Kospi) rose 25.72 points, or 0.86 percent, to trade at 3,017.44 in the first 15 minutes of trading. The Kospi got off to a bullish start, backed by comments by Anthony Fauci, top medical adviser to the US president, that the symptoms of the omicron variant are most likely lighter than other var

South Korea's top economic policymaker said Wednesday housing prices have markedly stabilized on the back of housing supply measures, the central bank's rate hike and tougher rules on household loans. Finance Minister Hong Nam-ki said prices of apartments in some areas of Seoul have stabilized to a level before possible decline. "The government will make efforts to help housing prices further stabilize by increasing home supplies in a way that exceeds the market's expectations and by acti