Korean cuisine brand Bibigo and entertainment arm CJ ENM’s genre-specific studios to lead foray into global markets

An instant tteokbokki from Dongwon F&B is on a path to break the 20 billion won ($16.9 million) mark in annual sales by the end of this year, backed by the global popularity of the spicy Korean street food. Sales of “God of Topokki” as of October surpassed 18.5 billion won, the company said. The 10-month figure is a 20 percent increase from total sales generated over all of 2020. A popular Korean snack made with rice cakes and red chili pepper, tteokbokki is often spelled diff

With the local performing arts scene excited for a return to normalcy under South Korea’s “living with COVID-19” strategy, the Sejong Center for the Performing Arts announced its winter lineup, from a Vienna Philharmonic concert to “The Nutcracker” ballet. One of the most anticipated highlights of the center’s winter schedule is a concert by the Vienna Philharmonic and maestro Riccardo Muti on Nov. 14. The prestigious orchestra will perform Mozart’s S

Upon its listing, combined market cap of Kakao affiliates surpasses 100 trillion won, similar to Hyundai Motor Group

Foreigners’ real estate transactions hit record high in contrast to locals struggling for homebuying under strict lending rules

Legal authorities accelerate investigation involving presidential candidates ahead of elections

Justice Party’s presidential candidate pledges a new era where the citizens hold power

UIL director highlights the significance of lifelong learning in health in pandemic era

North Korea is nearing the completion of a major housing project to construct 10,000 high-rise apartment units in its capital eight months after breaking ground, state media said Wednesday. Cabinet Premier Kim Tok-hun visited the construction site, according to the Korean Central News Agency, which reported the construction work is "in the final stage." During the North's eighth party congress in January, North Korea announced its aim of building 50,000 apartments in Pyongyang by 202

Amid concerns about teacher-student relationship, director Kim Sang-hyub says it is not a romance drama

The National Human Rights Commission of Korea (NHRCK) said Wednesday it has asked a local high school to lift a ban on the use of mobile phones by students in school. The state human rights watchdog said the ban on the use of mobile phones at the high school, whose name was withheld, infringes on its students' general right to freedom of action and freedom of communication. The school's students are allowed to possess cell phones on campus but are completely prohibited from using them, accordi

A total of 23 Thai nationals have been apprehended in a recent crackdown of a drug trafficking ring targeting migrant workers in South Korea, police said Wednesday. Seventeen of them were drug traffickers and six were users, the Seoul Dongjak Police Station said. All but three drug users have since been formally arrested, the police said. The ring's head of drug distribution is suspected of having smuggled a total of 2.5 kilograms of methamphetamine from Thailand to South Korea via internati

The chiefs of South Korea’s two main financial regulators -- the policymaking Financial Services Commission and the market watchdog Financial Supervisory Service -- have met with the heads of major insurance companies and banking groups here to discuss policy initiatives to support the growth of market players through deregulation, the two said Wednesday. “The rapid digital transformation of finance and the growth of online platform businesses are rapidly changing the nation’s

North Korea may launch a space rocket next year as part of the regime’s program to enhance weapons capabilities amid long-stalled denuclearization talks with the US, a state-run think tank report says.    Ko Jae-hong, a researcher at the Institute for National Security Strategy, a think tank run by South Korea’s spy agency, released a report Tuesday examining the North’s weapons expo held last month and the country’s defense outlook. 　 Ko said that it i

Korea Aerospace Industries, South Korea’s sole aircraft manufacturer, is in talks with the Slovakian government to sell 10 FA-50 homegrown trainer jets in a $500 million deal, the Defense Acquisition Program Administration said Wednesday. KAI is set to sign a deal with Slovakian aircraft repair company LOTN on Wednesday in Hungary upon President Moon Jae-in’s European tour this week. The president, who arrived in Budapest on Tuesday for a state visit, will hold a summit Thursday