Six Korean companies have been added to the Dow Jones Sustainability World Index (DJSI) said a public institution under the Ministry of Industry, Sunday. The six companies are Samsung Biologics, Kakao, SK Telecom, Hyundai Motors, logistics company Hyundai Glovis and car parts maker Hyundai Mobis, the Korea Productivity Center said. The Dow Jones Sustainability World Index is part of a larger family of Dow Jones Sustainability Indices (DJSI) launched in 1999 as the first global sustainabilit

Ruling party lawmakers are gearing up to adjust details of South Korea’s capital gains taxation program to match the rising price level of housing units and thereby make up for their continued losses in public support. The National Assembly's Strategy and Finance Committee is on track to hold a sub-committee meeting Monday to discuss details of a bill aimed at revising the guidelines on imposing capital gains tax for real estate properties. The bill was proposed by Rep. Yoo Dong-soo of t

North Korean leader Kim Jong-un has been missing from public view for more than a month, fueling speculation over his whereabouts, as it marks his longest absence since 2014.   The last time Kim appeared in a public setting was on Oct. 11 when he delivered a speech at a rare defense exhibition in Pyongyang that showcased the country’s new weaponry, according to state media. 　 Since then there have been reports of him sending letters to foreign leaders and his people, but he ha

Parties discuss lowering age requirement for electoral posts ahead of elections

Hyundai Motor Group Chairman Chung Euisun was approved as head of World Archery Asia, the biggest group promoting archery in Asia region, for the fifth time, the carmaker announced Sunday. Chung was reappointed as the institution’s president at the group’s general meeting held in Dhaka, Bangladesh, Friday. Of the 28 member countries that attended the event, 26 voted in favor of Chung leading the association for the next four years, the group said. Following the appointment, Ch

South Korea is in need of more aggressive investment in renewable energy sector in order to achieve its offshore wind capacity goal by 2030 and address the country’s geographical weaknesses in wind energy, a report showed Sunday. Korea was ranked 21st in terms of attractiveness of renewable energy investment and deployment opportunities, in a report that announces the top 40 countries in the assessment, according to London-based consulting firm Ernst & Young. Korea has slid down the

The Seoul Philharmonic Orchestra is to hold a concert with the winner of the 18th Chopin International Piano Competition, Bruce Liu. Liu, 24, the first prize winner of the competition which took place in Warsaw, Poland, in October, will go onstage with the Seoul-based orchestra on Nov. 27 at the Seoul Arts Center in southern Seoul, under the baton of associate conductor Wilson Ng. The Canadian pianist will perform Chopin’s Piano Concerto No. 1 in E minor, Op. 11. Other works on the prog

New styles of traditional Korean music take center stage

If there's anything that KT Wiz skipper Lee Kang-chul learned last year managing in his first postseason, it's that he shouldn't mess with what got him there in the first place. The Wiz got knocked out of the penultimate round in the Korea Baseball Organization (KBO) postseason in 2020, losing to the Doosan Bears in four games. This year, the Wiz have taken an extra step, earning a bye to the Korean Series as the regular season champions. And once again, the Wiz will face the Bears, which, aft

Though he will be facing the same opponents that eliminated his team from the postseason last year, KT Wiz right-hander So Hyeong-jun won't be out to get his revenge. "All I am thinking about is winning our first championship," So told reporters Sunday before Game 1 of the Korean Series against the Doosan Bears at Gocheok Sky Dome in Seoul. "It just happened that we'll be playing the Bears again, and I know my teammates and our fans have talked about avenging our loss from last y

As he was watching his Doosan Bears teammates battle through postseason games this month, the competitor in the team's Cuban ace Ariel Miranda was itching to get going and join them on the field. Miranda missed time at the end of the regular season in late October and then the early portion of the Korea Baseball Organization (KBO) postseason this month with shoulder fatigue. But instead of leaving South Korea for rehab and treatment, Miranda stayed with the club, healing and hoping that his tea

For the past year, the financial crisis caused by the unsound business practices of certain financial companies such as Lime, Optimus and companies that sold derivative-linked funds, has been the hottest topic within the financial industry. Following the eruption of these well-publicized scandals, financial supervisory authorities began sanctioning financial companies for unsound business practices, fraud perpetrated by fund managers, and misleading sales practices known as “incomplete sal

CJ Logistics Corp., the logistics arm of South Korean conglomerate CJ Group, said Sunday that it will invest 2.5 trillion won ($2.12 billion) by 2023 in a project to be reborn as an "innovative technology" firm, especially by strengthening platform-related businesses. The investment is largely aimed at upgrading its e-commerce and delivery operation amid the high popularity of ordering on mobile and online platforms. CJ Logistics said it will expand its fulfillment infrastructure by

LFP batteries have no recyclable value, and are more expensive than lithium-ion batteries when considering all factors

South Korea's COVID-19 cases stayed above 2,000 for the fifth consecutive day Sunday amid worries over a resurgence of infections, as the country relaxed its social distancing restrictions earlier this month in line with the campaign of "living with COVID-19." Throughout the previous day, 2,419 new coronavirus cases were confirmed nationwide, raising the total caseload to 395,460, according to the Korea Disease Control and Prevention Agency (KDCA). The daily caseload has stayed in th