Think tank says downside risks grow over economy

With Tri-gen fuel cell system, Doosan challenges infrastructure shortage of eco-friendly vehicles

A contemporary reimagining of Greek mythology, “Lore Olympus” has notched the No. 1 slot on the New York Times’ bestseller list. Naver Webtoon announced the listing in the graphic books and manga category on Tuesday. “Lore Olympus,” originally a romance webtoon created by New Zealand artist Rachel Smythe, was published in book form last month. The online comic was first released in 2018, when Naver Webtoon began its English service and provided a platform for am

South Korean stocks extended their winning streak to a fifth session Tuesday after choppy trading, led by advances in tech and auto shares. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) advanced 18.47 points, or 0.62 percent, to close at 2,991.72 points. Trading volume was moderate at about 528 million shares worth some 9.9 trillion won ($8.4 billion), with gainers outnumbering losers 586 to 268. Foreigners bought a net 207 billion won, whi

Chip division leaders promoted to top brass, reflecting renewed semiconductor push

South Korea’s Krafton, the company behind megahit video game PlayerUnknown’s Battlegrounds, said Tuesday it would help secure investment of 13 billion won ($11 million) for Tamatem, a leading mobile game publisher in the Middle East and North Africa. The Korean game developer, which has already invested 7 billion won in the Jordan-based publisher, will work with investors like Venture Souq and Endeavor Catalyst to deliver the funding. Tamatem is one of the three major publishers in

US boycott deepens Moon’s concerns over diplomatic stance, end-of-war declaration

The Supreme Court has raised the maximum recommmended sentence for those convicted of child abuse resulting in death to 22 1/2 years in prison amid calls for tougher punishment for such heinous crimes, sources said Tuesday. The highest court's sentencing commission held a meeting Monday and raised the standard sentence for the crime to 4-8 years in prison, with up to 15 years of imprisonment possible for aggravated cases, from the current 4-7 years in prison and up to 10 years for aggravated ca

Lee Jae-myung, the presidential candidate of the ruling Democratic Party (DP), on Tuesday defended his election pledge to provide low-interest loans for youths, saying there are "good debts." "Whether they are national debts or personal debts, it is a foolish thought to say all debts are bad," Lee said at a lecturing event at Seoul National University. "If using your future assets in advance is more valuable, I think it is right to do it." Lee's election pledge of

Korea’s short history of bio industry calls for more experiences, training and education, Merck official says

Seoul Business Agency organizes consultation meetings for 300 local companies, 500 overseas buyers

The star-studded presenter lineup of musicians, actors, dancers and comedians for the upcoming “2021 Mnet Asian Music Awards was unveiled Tuesday. Singer-actors Rain, Uhm Jung-hwa, Choi Soo-young, Super Junior’s Choi Si-won and singer Tiffany Young were confirmed as presenters. Lachica’s Gabee and Prowdmon’s Monika, who appeared on the hit TV program “Street Woman Fighter,” will also appear as presenters. Comedian and rapper Haha, actors Song Joong-ki, Ahn B