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NewJeans' members' parents complained to Hybe, email shows
Ministry, doctors clash over decision process of expansion plan
Seoul vows action over Naver's Line, Yahoo dispute
[New faces of Assembly] Trump factor sets mood for South Korea to cultivate its ‘nuclear potential’: lawmaker-elect
Samyang shares soar on upbeat sales of Buldak ramyeon in US
[Herald Interview] S. Korea, EU embrace 'great opportunities' for advancing climate action: envoy
[Today’s K-pop] Seventeen hits Billboard 200 at No. 5 with best-of album
NewJeans to appear on reality show amid ‘Hybe-Ador’ dispute
Ador CEO’s fate to be decided on May 17
China’s AliExpress, Temu sign rare pact in Korea to ensure product safety
[Herald Review] Highlight kicks off Asia tour with memory-filled Seoul concert
Seoul shares almost flat ahead of US inflation data
Samsung doubles down on Vietnam
[Herald Interview] Kimsooja expands Bottari philosophy with vast mirror installation
Processed food satisfaction rate keeps falling: report
Herald CEO named chief of foreign language newspaper association
Yuhan-Kimberly’s reforestation campaign marks 40th year
[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps
Suspect behind murder of Korean tourist in Pattaya arrested
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Korea's GNI rebounds on stable won
Mar 5, 2024
South Korea’s gross national income per capita rebounded to over $33,000 in 2023, marking a 2.6 percent rise on-year, while the national economy grew by 1.4 percent, preliminary data from the Bank of Korea showed Tuesday. The GNI per capita, a measure of the amount of money earned per person in a nation, stood at $33,745 last year, advancing by 2.6 percent from $32,886 in 2022. The figure, drawn...
Yoon, Zuckerberg discuss AI, digital ecosystem in Seoul
Feb 29, 2024
Yoon asks Meta CEO to pay special attention to AI-powered spread of fake news
Inflation to bounce back to over 3 pct in February: finance ministry
Feb 29, 2024
Inflation could rise over 3 percent in South Korea in February on high prices of global oil and fresh food items, the Finance Ministry said Thursday, vowing all-out efforts to curb inflation. In January, consumer prices, a key gauge of inflation, rose 2.8 percent on-year, marking the first fall below the 3 percent level in six months. The country has experienced a gradual easing of inflationary...
Samgyeopsal Day heats up with stricter fat guidelines
Feb 29, 2024
March 3, also known as "Samgyeopsal Day" in Korea, is approaching, with anticipation building for promotional events planned by local supermarkets. Most supermarkets and e-commerce platforms will offer discounts ranging from 40 to 50 percent on pork belly from Feb. 29 to March 3. But there is a complication: This year is the first Samgyeopsal Day following the implementation of government guide...
South Korea’s fertility rate drops to new low
Feb 28, 2024
South Korea's fertility rate continued its steep fall last year as it hit a record low of 0.72, darkening prospects for the country that already has the world's lowest fertility rate, data showed Wednesday. The country's fertility rate -- the average number of children a woman has during her lifetime -- came to 0.72 last year, down from 0.78 in the previous year, according to the preliminary dat...
Zuckerberg meets LG’s top brass in Seoul over XR partnership
Feb 28, 2024
Their first collaboration device likely to come out in 2025
New KITA chief urges readiness for US election
Feb 27, 2024
Former Industry Minister Yoon Jin-shik officially took the reins of the Korea International Trade Association, the nation's largest trade lobby group, after being approved at a general meeting on Tuesday. "Korea's exports experienced difficulties with the slowdown of the global economy but it will improve," Yoon said at a press event held after the meeting. "The biggest problem with exports is t...
High rates drive 49% surge in 2023 Korean banks' bad loans: report
Feb 27, 2024
Rises in high interest rates led to a 49 percent surge in Korean banks' potential uncollected loans for 2023, Yonhap News reported, citing a data from the financial industry. The data released on Tuesday revealed a significant 49 percent increase in the potential uncollected loans held by four major financial holding firms in 2023, largely influenced by elevated interest rates impacting borrower...
Korea's March biz sentiment remains gloomy: Survey
Feb 27, 2024
A recent poll indicated that business sentiment in South Korea for March has continued to be pessimistic, largely influenced by ongoing worries about the global economic slowdown. According to the monthly survey conducted by the Federation of Korean Industries (FKI), the Business Survey Index (BSI) for the nation's top 600 companies based on sales registered 97 for March, showing an increase of ...
New regulation on housing loans comes into force
Feb 27, 2024
Salaried workers may see lending limits cut by over 10 million won
Korea's tech exports reach record $15.2b in 2022
Feb 26, 2024
South Korea's tech exports surged to a new peak of $15.2 billion in 2022, with a 2 percent increase driven by heightened sales to the United States, government data revealed on Monday. Tech imports grew by 5 percent to $19.6 billion during the same period, leading to a 17.1 percent expansion in the country's tech trade deficit to $4.4 billion. Notably, exports to the US climbed by 40 percent to...
Regulators warn of possible risks from foreign real estate investment
Feb 23, 2024
Authorities say risks could increase but major fallout unlikely
Korean 'crypto king' likely to be extradited to US
Feb 23, 2024
A court in Montenegro has ruled for the extradition of cryptocurrency entrepreneur Kwon Do-hyung, widely known as "crypto king" Do Kwon, to the United States, according to The Wall Street Journal. Despite Kwon's defense advocating for transfer to his home country of South Korea, the Montenegro court has rejected the plea. Both the US and South Korea have sought his extradition. Kwon's legal te...
Korea to facilitate easier currency trading for foreigners
Feb 22, 2024
Foreigners seeking to invest in the Korean capital markets will be able to exchange foreign currencies for Korean won more easily starting in the next quarter, according to the South Korean government on Wednesday. The revision comes as part of the government's efforts to enhance efficiency and stability of securities settlement and foreign exchange trading for offshore investors. The Finance Mi...
More South Korean men become stay-at-home dads
Feb 22, 2024
Gender Ministry rolls out new set of measures to tackle low birth rate
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Controversy rekindled over when to name criminals, suspects
Seoul transit pass for travelers to be available starting July
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Hybe-Ador CEO conflict gets messier
Battery makers ramp up efforts to diversify graphite supply chain
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Prosecutors to summon pastor who allegedly gave Dior bag to first lady
‘Monk’ DJ spreading Buddhism goes global
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[LLG] Unseen inheritance: Trauma of transnational adoption 'trickles down' to adoptees' children
Court's ruling set to shape path of medical school expansion
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Loans of self-employed swell 50% in four years
[KH Explains] Hyundai Motor’s plan for new landmark keeps hitting bumps
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