What a difference two years make. In 2021, when interest rates were near zero in the United States and the United Kingdom and slightly negative in the eurozone and Japan, the consensus was that they would remain low indefinitely. Astonishingly, as recently as January 2022, investors put the probability of rates in the US, eurozone, and the UK rising above 4 percent within five years at only 12 percent, 4 percent, and 7 percent, respectively. After adjusting for expected inflation, real interest

Starbucks Korea on Monday unveiled limited edition merchandise, including a coaster and a tumbler inlaid with mother-of-pearl, to celebrate the Liberation Day holiday celebrated on Aug. 15. The specialty coffee chain said all profits from their sales will be spent to support the preservation of cultural heritage and offer scholarships to the descendants of independence fighters. (Starbucks Korea)

World Scout Jamboree attendees from the Maldives depart from the LG Electronics Corporate Learning Center in Pyeongtaek, Gyeonggi Province, Sunday. The Korean tech giant invited Scouts from the Maldives and Finland to offer a tour of its business facilities and accommodation. (LG Electronics)

Proposed bill: Partial Amendment to the Copyright Act Proposed by Rep. Lee Yong-ho (People Power Party) ● Piracy websites providing access to pirated content continue to thrive, highlighting the need for stricter measures to discourage digital piracy. This amendment specifies the operation of a website that spreads links to pirated content as copyright infringements while raising maximum compensation for copyright infringement. Moreover, it grants public officers the authority to enter sites for

The movie “Oppenheimer” hypes a serious issue of national survival, and in the process makes matters much, much worse. By mythologizing J. Robert Oppenheimer (and in the process ascribing godlike powers to nuclear weapons), the movie sets back efforts to control these dangerous devices. True, people who watch the movie will emerge frightened about nuclear war. But decades of terrifying pictures of ash, rubble and burned bodies have not, apparently, stifled governments’ desire f

Recent battles over how to teach history in American schools have focused on views of America’s domestic racism, but that’s only one piece of the problem of how we view history. Our pre-college curriculums and popular histories are filled with stories of great white men who single-handedly changed the world. This heroification, however, is often as much a made-up history as the stories of Marvel heroes in the movies. Many of these supposed ground-breakers were in fact preceded by gen

Ambassadors from 22 nations that stood by South Korea during the 1950-53 Korean War have conveyed congratulatory messages on the occasion of The Korea Herald's 70th anniversary and the 70th year of ceasefire of the Korean War. -- Ed. Catherine Raper, Australian ambassador Congratulations to The Korea Herald on its 70th anniversary. Australia and the Republic of Korea stood side by side in battle, and have helped each other become prosperous. As democracies, we share a common view of the

Leaders and celebrities in the cultural sector who are at the forefront as well as behind the scenes have shared congratulatory messages on the occasion of The Korea Herald's 70th anniversary and 70 years since the cease-fire of the Korean War. -- Ed. Sumi Jo, Soprano Congratulations on the 70th anniversary of The Korea Herald, which has played a significant role as a fundamental bridge between the world and South Korea with accurate reporting and balanced analysis, reflecting the country

Business leaders have sent congratulatory messages to celebrate the 70th anniversary of The Korea Herald. – Ed. Chey Tae-won, Korea Chamber of Commerce and Industry chairman My sincere congratulations to The Korea Herald on its 70th anniversary. The Korea Herald, then The Korea Republic, was first published to introduce Korean society following the Korean War and to solidify international cooperation. The Korea Herald has witnessed the moments of reconstruction, growth and the Miracle

From left: Future For Youth Foundation Chairman Lee Hoon-kyu, Financial Supervisory Service Gov. Lee Bok-hyun, a student representative, Hana Financial Group Chairman Ham Young-joo and SK Telecom Vice President Um Jong-hwan pose for a picture to kick off fintech talent nurturing program Hana Digital Power On in Seoul, Thursday. Marking its second year, the program, launched by Hana Financial Group, awards teams for developing tech solutions for the financial sector. Other participating companies

Employees of Dong-A Otsuka, the nation’s leading beverage maker, celebrate the launch of White Kombucha-flavored Narangd Cider at the company’s headquarters in Seoul, Thursday. Following pineapple and green apple, the new sweet and sour flavor is the latest addition to the company’s zero-calorie, zero-sugar carbonated beverage brand. (Dong-A Otsuka)

The Korea Herald received congratulatory messages from a distinguished assembly of political and social leaders. Their words signify a shared commitment to fostering collaboration across various fields, ranging from global governance to local administration, artistic creativity and more. – Ed. Kim Jin-pyo, National Assembly speaker I'm Kim Jin-pyo, speaker of the National Assembly. My heartfelt congratulations for the 70th anniversary of The Korea Herald. The Korea Herald was fo

Recognition from prominent figures in the government inspires The Korea Herald to strive for excellence in the publication’s reporting and the commitment to our readers. – Ed. Choo Kyung-ho, Deputy prime minister and finance minister I extend my warmest congratulations on the 70th anniversary of The Korea Herald. Born in the ruins of the Korean War in 1953, The Korea Herald has made a great contribution to raising the country’s profile worldwide while serving as a window to a