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BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
What you need to know about Adani's US bribery indictment
Hyundai Motor’s Genesis US push challenged by Trump’s tariff hike: sources
Oasis confirms first Korean concert in 16 years
North Korean leader ‘convinced’ dialogue won’t change US hostility
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
Naver Webtoon promises creative freedom, responsible webtoon platform
Two jailed for forcing disabled teens into prostitution
Japan confirms vice-ministerial level figure attending Sado mine memorial
Daewoo E&C chair honored in India for boosting bilateral economic ties
South Korean military plans to launch new division for future warfare
[Today’s K-pop] Babymonster logs 100m views with ‘Drip’ music video
Dongduk Women’s University halts coeducation talks
SK chief underlines power of 'design thinking' amid global uncertainties
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
Hanjin inks partnership with DHL to boost logistics competitiveness
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
OpenAI in talks with Samsung to power AI features, report says
Defense ministry denies special treatment for BTS’ V amid phone use allegations
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LATEST NEWS
[Pico Iyer] Finding a balance between COVID freedom and control
Viewpoints
Dec 6, 2021
This long, strange season of the pandemic has made so many things impossible that it’s easy to forget the many things it’s made newly possible. For me, one of its unexpected gifts has been a round-the-clock immersion -- and instruction -- in the vast gap between the two continents I call home and the radical differences that still cut up our seemingly connected global neighborhood. Ten times during the age of COVID-19 I’ve flown across the Pacific between my longtime apartmen
[Andrew Sheng] US-China rhetoric versus reality
Viewpoints
Dec 6, 2021
Coming back from a trip to Europe suggested to me that the US-China rivalry was not headline news within Europe. Europe appeared more concerned with the urgent job of economic recovery amidst the omicron threat that is leading to more lockdowns. Protests in Rotterdam and elsewhere showed that the public, especially the young, are rebelling against further restrictions to their rights to socialize. Back in Asia, the news is incessantly in the face on US-China conflicts, including threatened boy
[Editorial] Bleak outlook
Editorial
Dec 6, 2021
Rising consumer prices, shrinking income amid COVID-19 woes raise uncertainty
SK, Swedish private equity chiefs discuss future industries
Industry
Dec 5, 2021
SK Group Chairman Chey Tae-won met with Conni Jonsson, founder and chairperson of Swedish private equity firm EQT Partners, and discussed expanding ties on future industries, such as green energy and health care, officials said Sunday. In the meeting held Friday in Seoul, Chey told Jonsson about the conglomerate’s efforts in reducing carbon emissions, improving transparency in governance and creating both economic and social values, they said. “South Korea is a leader in hydrogen
Food, Beverages price grow 5% in Q3, marking 5th-steepest among OECD
Retail
Dec 5, 2021
Prices of groceries and nonalcoholic beverages in Korea rose 5 percent on-year in the July-September period, marking the fifth-largest increase among OECD nations, data showed Sunday. According to data from Statistics Korea and the Organization for Economic Cooperation and Development, prices of food and beverages grew even higher last month on-year at 6.1 percent on the back of strong price increases of agricultural and processed products. The quarterly price growth of food and beverages w
High earners report 19% asset increase in pandemic-hit 2021
Economy
Dec 5, 2021
High-income households in South Korea -- those who earn between 70 million won ($59,000) and 120 million won before tax annually -- saw their assets increase by 19 percent, or 150 million won on average, from last year, a study showed Sunday. According to the study conducted by Woori Financial Research Institute, which is run by Woori Financial Group, its 4,000 clients classified as “mass affluent” saw their assets rise to 917 million won on average. The size of debt on avera
Jeonbuk Hyundai Motors make history with 5th straight K League title
Soccer
Dec 5, 2021
Jeonbuk Hyundai Motors have now gone where no South Korean football team has gone before: they became the champions of the K League 1 for a record fifth straight season Sunday. Jeonbuk clinched their historic title with a 2-0 victory over Jeju United at Jeonju World Cup Stadium in Jeonju, some 240 kilometers south of Seoul, finishing with the league-best 76 points. Ulsan Hyundai FC, the only other team with a chance to win the title in the top league Sunday, blanked Daegu FC 2-0 but still fini
US ambassador to UN to join peacekeeping conference virtually
Foreign affairs
Dec 5, 2021
US Ambassador to the United Nations Linda Thomas-Greenfield will attend a virtual conference on UN peacekeeping hosted by the Seoul government next week, according to her office. Thomas-Greenfield will lead the US delegation to the virtual 2021 UN Peacekeeping Ministerial hosted by Seoul on Dec. 7 and 8 to reaffirm US commitment to improving peacekeeping operations, the US Mission to the UN said Friday (local time). "UN peacekeeping missions are one of the most effective tools the globa
Rider shortage driving up cost of your order
Retail
Dec 5, 2021
Food delivery apps saw their users decline after South Korea entered the first phase of the “living with COVID-19” scheme last month. But amid growing competition and a push by delivery apps for “one order per trip” to promise a speedy service, a delivery rider shortage is likely behind the rising cost of your order, industry sources said. According to IGAWorks’ mobile index, Android phone users who used delivery apps Baemin and Yogiyo dropped by 8.9 and 7.5 perc
[Newsmaker] Vaccine Pass: What foreign residents vaccinated abroad have to go through in Korea
Social affairs
Dec 5, 2021
Concerns grow as government widens scope of businesses subject to vaccine pass
18-day Live Club Day lights up Seoul’s indie stages after 2-year break
Music
Dec 5, 2021
A longtime staple of Seoul’s indie scene, Live Club Day resumed Friday after a two-year hiatus, at CJ azit Gwangheungchang in Mapo-gu. Normally a monthly one-day event, the Live Club Day is being this time in a festival format running until Dec. 21. Over the three weeks, 32 bands will perform in concert halls and clubs in Hongdae, long the center of live indie music in Seoul. Singer-songwriters Park So-eun, Song Ye-rin and vocalist Lee Luli starred on the opening day. It was the first
[ESG Talk] Implant basic principles of ESG, competitiveness in 2022
Markets
Dec 5, 2021
Companies are facing a stricter and more standardized ESG business environment. Recently, the Korean state-run bodies have released the K-ESG guidelines, or guidelines for domestic players to abide by. As 2021 ends, reputable ESG rating agencies are publishing ESG scores in Korea. One of the most famous rankers globally is MSCI, and its ESG ratings recently added the new climate change section as part of their rating systems. The newly included ”Implied Temperature Rise“ element trac
Daesang bags 2 prizes at Korea Advertising Awards
Retail
Dec 5, 2021
An advertisement campaign from Daesang took home two honors at the Korea Advertising Awards this year, according to the food company on Sunday. Founded in 1994, the Korea Advertising Awards are considered the most prestigious awards in the industry here. Some 2,000 advertisements are submitted for consideration each year, the organizers said. An advertisement series of Daesang’s “Anjuya” products -- ready-made side dishes to be paired with alcohol -- received two nominatio
Firms delay return to office, meal kits for year-end dinners amid omicron spread
Industry
Dec 5, 2021
New variant brings back strict office quarantine rules again, executives mull trip to CES 2022
Israel proposes new Western policy for Korea
People
Dec 5, 2021
South Korea should implement a “new Western policy” to further strengthen ties with Israel, Israeli Ambassador to Korea Akiva Tor proposed at the Eurasian Economic and Cultural Forum on Dec. 1. Tor recommended forging a new defense alliance, as Korea and Israel are both democracies facing severe nuclear and missile threats. “We need a new Western policy for Korea and a new Eastern policy for Israel: Korea should seek to form an alliance in West Asia based on relations with t
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Nationwide rail disruptions feared as union plans strike from Dec. 5
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