Agricultural produce prices have surged as the monsoon season continued for nearly 50 days, according to data by the Ministry of Agriculture, Food and Rural Affairs. The ministry said it will implement measures to stabilize supplies of vegetables that are consumed the most during the summer and autumn seasons such as Chinese cabbage, radish, zucchini and perilla leaves.  (khnews@heraldcorp.com)

Couples taking a walk with their dogs in the neighboring park after work, parents vigorously riding bicycles with their children in the fresh air at a lake park on weekends, neighbors occasionally walking up and down Mount Wonsu Promenade nearby their homes to keep healthy: These are common scenes of daily life found in the Sejong Administrative City (Happy City). Parks and green areas in the city have become indispensable spaces for urban residents. According to the recent social atmosphere re

The business sentiment of small and micro businesses in South Korea improved in the second quarter, although it remained lower than the pre-pandemic level. A survey conducted by the Korea Federation of Credit Guarantee Foundations showed Monday that the business survey index covering 2,183 small businesses reached 47.4, up 30.7 points from the first quarter. An index above 100 means more are optimistic. The BSI in the first quarter plunged to 16.7 from 57.7 in the fourth quarter of 2019 due

Following US President Donald Trump’s vow to block US access to TikTok, the popular short-video app’s Chinese parent company ByteDance has been in frantic talks with Microsoft, presumably to sell its subsidiary quickly before the ban goes into effect. Of course, it is possible -- even likely –- that Trump’s real intent is not so much to ban TikTok as to force a fire sale to a US buyer. Trump has said that he wants the buyer to be “very American,” and has even

US national income and output in the first quarter of 2020 was 1.25 percent below what it had been in the fourth quarter of 2019, but still 9.5 percent above what it would be by the second quarter of this year. Now that US national income has plunged 12 percent below what it was at the start of the year, what should we expect for the third quarter? America could always turn out to be lucky; but betting on that would not be prudent. According to Austan Goolsbee and Chad Syverson of the Universit

Seoul’s main bourse Kospi broke its daily record for the four consecutive day from Tuesday through Friday last week, raising expectations it may exceed the 2,400-point mark soon. According to data by Korea Exchange, the benchmark index on Friday closed at 2,351.67, rising 9.06 points, or 0.39 percent, from the previous day. The closing price marked the highest in one year and 10 months. On Aug. 27 2018, the index stood at 2,355.43. During Friday’s trading, the Kospi even reach

In an era of authoritarian populists, at least one iron-fisted leader is looking more vulnerable than he has in decades. Yes, Belarus President Alexander Lukashenko will claim another resounding victory after Sunday’s vote. After all, the country has not had an election recognized as free and fair by Western observers since 1995. Yet a creaking $63 billion economy, a poorly handled pandemic, geopolitical isolation and crowds galvanized by the wife of an imprisoned opponent could make his

It has now been more than five months since a US intelligence assessment included in President Donald Trump’s Daily Brief suggested that Russia was paying bounties to Taliban fighters for attacking US and other foreign forces in Afghanistan. And it has been more than a month since news of the intelligence reports became public. Yet the president and his administration still have not adequately denounced Russian activity or outlined a strategy to counter this type of hybrid warfare. It&r

Radar experts call airborne radar the “flower of radar” for all the cutting-edge technologies used in its development. It is also the most difficult and challenging R&D field, as only a limited number of advanced countries have the original, proprietary technologies. Dubbed “the eyes of KF-X,” active electronically scanned array, or AESA, radar is the core gadget for Korea’s indigenous KF-X fighter jets, which provides detection and tracking of multiple air,

At least seven people, including one police officer and a public servant, went missing after boats capsized near a dam that was discharging water due to a risk of flooding, authorities said Thursday. They are believed to have been swept down through one of the dam’s open gates. The incident occurred at around 11:30 a.m. on Uiam Lake in Chuncheon, Gangwon Province, near the Uiam Dam. A total of eight people were aboard three boats and only one was rescued. According to Chuncheon police

The South Korean government plans to supply 132,000 housing units in Seoul and its neighboring areas, according to an announcement made by the Finance Ministry on Tuesday. For this, the government has decided to ease regulations for reconstruction of aged apartments, as well as utilizing the government’s idle properties in the metropolitan areas. Of the 132,000 units, 33,000 units will be provided in Seoul by repurposing state-owned properties and public spaces that have been sitting i