South Korean shares fell to their lowest level in a year Wednesday, extending their losing streak to a fourth day, as investors' concerns grew over policy uncertainties under the incoming US Trump administration. The local currency also dropped against the US dollar to a two-year low, breaching 1,400 won for the second straight session as of 3:30 p.m. The benchmark Korea Composite Stock Price Index sank 65.49 points, or 2.64 percent, to close at 2,417.08, marking the lowest since Nov. 13, 2

When reports surfaced that President Yoon Suk Yeol had played golf at a course in northeastern Seoul on Saturday, opposition politicians saw it as an opportunity to pounce. Playing golf has become close to a taboo for politicians in Korea. The exclusive and expensive nature of the sport here means that it is seen as an elite indulgence, rather than a way to unwind or a pastime for ordinary people. As such, public officials who golf are often accused of being out of touch with the general public

Just over half of South Koreans believe getting married is essential, a recent government study showed Wednesday, and a growing proportion of people say it's alright for couples simply to live together without tying the knot. According to Statistics Korea's annual study on Korean society, 52.5 percent of Koreans say people should get married, while 41.5 percent say it is a matter of choice and 3.3 percent say they should remain single. The percentage of those who believe people must

Renault Korea’s latest hybrid sport utility vehicle Grand Koleos has seen smooth driving, claiming more than 30 percent market share in its segment as of October. Having debuted in August, the Grand Koleos E-Tech Hybrid sold 5,385 vehicles last month alone, with cumulative sales reaching 9,330. Driven by the new car's transactions, Renault's total sales more than tripled in Korea in October. Renault's upbeat sales come as Korean drivers have shown a growing appetite for hybr

Among half a million CSAT takers, incarcerated teens seek second chance, while disabled students get fair shot

Kim Min-ki, a singer-songwriter best known for the once-banned 1971 hit “Morning Dew,” was posthumously given the Woodang Award for promoting national unity and the arts. “His music laid the groundwork that brought the country together. Kim was a humble creator, musician and director, and while leading a theater company, he helped foster singers and actors,” said Lee Jong-chan, president of the Woodang Education and Culture Foundation, at a ceremony Wednesday in Seoul. Th

BYD will officially enter the Korean passenger vehicle market early next year, the Chinese electric vehicle maker's Korean office announced Wednesday. The announcement came after months of speculation over when BYD would launch its passenger EVs in the Korean market. BYD Korea already entered the commercial vehicle market in 2016 and has released electric buses and trucks here since then. BYD Korea said it has reviewed the feasibility of a passenger vehicle business in Korea over the past f

Cho Yoon-sun, jailed for blacklisting cultural figures, is appointed as nonexecutive director of Seoul Philharmonic Orchestra

GS Caltex, a South Korean energy and chemicals company, received the Grand Prize at the 2024 Mecenat Awards for promoting regional culture with its multipurpose cultural and arts space in South Jeolla Province. GS Caltex has been operating GS Caltex Yeulmaru for 12 years. Designed by the architect Dominique Perrault, Yeulmaru has hosted over 1,800 performances, along with 2,300 exhibitions and educational programs, attracting approximately 1.33 million visitors as of mid-2024. Additionally, the