If anti-corruption agency secures critical evidence, future probe to point to Yoon

Global Green Growth week 2021 discusses success standards for developed and developing countries The Global Green Growth Institute and the British Embassy in Seoul co-organized a hybrid session to discuss standards for developed and developing countries, at GGGI headquarters on Oct. 27 Experts and decision-makers from developing and developed nations attended the session, part of GGGI week 2021, titled “Road to COP 26: what does success look like for developed and developing countries?&

K bank, South Korea’s first internet-only bank, saw its third-quarter earnings surge 115 percent from the previous quarter on the growing number of customers and amount of money deposited, officials said Tuesday. It was the first time the bank posted a net profit for two quarters in a row since its inception in 2017. It posted its first quarterly profit of 3.9 billion won ($3.32 million) three months ago, marking a sharp turnaround from a deficit of 12.3 billion won in the first quarter.

As the leaders of Asia and the Pacific prepare to head to Glasgow for the 26th United Nations Climate Change Conference of the Parties (COP26), they can be sure that our region will be in the spotlight: Many of the most vulnerable countries to the impacts of climate change are located here; the seven G20 members from this region are responsible for over half of global GHG emissions; and five of the 10 top countries with the greatest historic responsibility for emissions since the beginning of

Banks’ lending rates sharply inch up after BOK’s rate hike, driving up preference for savings

National health authorities on Tuesday called on baseball fans to refrain from chanting at stadiums, pointing to risks of spreading COVID-19 even among masked individuals. In a press briefing, Son Young-rae, a senior health ministry official, reminded fans that vocal cheering is still prohibited at Korea Baseball Organization (KBO) games, despite stadiums being fully open again. Starting this month, the KBO decided to operate all stadiums at 100 percent capacity for the postseason, provided th

Lisa, a member of K-pop girl group BLACKPINK, scored her second-ever appearance on the Hot 100, Billboard's main singles chart, with "Money." According to Billboard on Monday (US time), "Money," a track from Lisa's first individual single album released in September, opened at 90th on the chart for the week ending Nov. 6. The singer and rapper first entered the chart with "Lalisa," the title track of the album, ranking No. 84 in the first week of its release. The

The Royal Norwegian Embassy marked last month’s opening of the Munch Museum -- the home of to the world’s largest collection of works by Norwegian artist Edvard Munch – with a press conference in Seoul on Tuesday. Discussing the Munch Museum during opening remarks, Norwegian Ambassador to South Korea Frode Solberg said Munch’s works were iconic images of world art. “Visitors now have access to some of Munch’s great pieces of art,” Solberg said, descr

  The ASEAN Korea Centre last week held a webinar on trade facilitation for the food and beverage industry at Four Seasons Hotel in Seoul, highlighting the importance of trade and cooperation for Korea and ASEAN. The webinar facilitated information exchange with new business opportunities for food and beverage sector companies operating in ASEAN and Korea and explored effective ways to utilize the ASEAN-Korea Free Trade Agreement and the Regional Comprehensive Economic Partnership (RCEP),

Blockchain and information technology consulting firm Baobab Partners will launch a nonfungible token marketplace on Thursday, the firm said Tuesday. The platform, named Baobab NFT, can be accessed through the firm’s blockchain portal and website at bao-bab.co.kr. Through the marketplace, Ethereum- and Klaytn-based NFTs can be issued, sold and purchased with crypto and NFT wallets MetaMask and Kaikas. Klaytn is Korea’s No. 1 mobile messenger operator Kakao Corp.’s global bloc

The offseason for non-playoff teams in South Korean baseball is barely under way, and one of those five teams caught outside looking in has let go of its manager. Will other clubs follow suit? Given the contract situations for the remaining skippers, it doesn't seem likely at the moment. The Kia Tigers, which finished ninth among 10 Korea Baseball Organization (KBO) clubs at 58-76-10 (wins-losses-ties), mutually agreed to part ways with Matt Williams on Monday. The American skipper had one yea

The unification ministry on Tuesday vowed efforts to push for inter-Korean cooperation in the forestry sector as agreed to in an earlier deal, after President Moon Jae-in again stated on the global stage that Seoul will seek to reduce greenhouse gas emissions on the peninsula in cooperation with Pyongyang. Moon was addressing an annual UN climate conference in Glasgow on Monday (local time) that brought together more than 100 world leaders, including US President Joe Biden. Chinese President Xi

Samsung SDI Co., a South Korean battery maker, said Tuesday its third-quarter net profit jumped 74.7 percent from a year earlier backed by robust sales in electric vehicle (EV) batteries. Net income reached 420.4 billion won ($357.6 million) in the July-September period, compared with 240.6 billion won from a year earlier, the company said in a regulatory filing. Operating profit hit a record high of 373.5 billion won, up 39.7 percent from a year earlier. Sales also hit a record high of 3.43

A total of 299 people were caught drunk driving on the first night after business hour restrictions were lifted and gathering size limits were raised Monday under the government's "living with COVID-19" scheme, police said. Of them, 89 were caught with blood alcohol levels high enough to have their license suspended and another 200 with levels warranting license revocation, according to the National Police Agency. The remaining 10 were caught for refusing to take a breathalyzer test.