Korean Air is facing hurdles in acquiring the cash-strapped air carrier Asiana Airlines as it awaits clearance from at least four regions the EU, the US, Japan, and China. The EU’s regulatory body, considered one of the biggest obstacles in the airline’s bid as it has been getting tougher over business mergers, recently asked Korean low-cost carriers Tway Air and Air Premia for their opinion on ...

Doughnuts of various colors and ingredients are on display at a cafe and bakery fair held in Suwon, Gyeonggi Province, Thursday.

From BTS to Squid Game, to its internationally heralded handling of COVID-19, South Korea is enjoying the spotlight on the global stage. Yet, books on Korea out there often feel stale and outdated. If not tunnel-visioned on the country’s economic success, South Korea is a nation heavily seen through the lens of geopolitics, or a country technically still at war. In his book “Shrimp to Whale: So...

At this year’s H.eco Forum, experts took a moment to highlight the ongoing and expected changes to marine ecosystems due to climate change and discuss what efforts are needed to protect the environment and prevent socioeconomic disasters and challenges from occurring. Chun Seung-soo, professor emeritus of Chonnam National University, started the session speaking about how the marine and coastal ...

Hanwha Solutions CEO Kim Dong-kwan attended the World Economic Forum in Davos, Switzerland, as the only entrepreneur among President Yoon Suk-yeol’s delegation, the energy-to-material firm said Thursday. During the four-day forum which started Monday, Kim met with Daniel Yergin, vice chairman of S&P Global, and discussed the Russia-Ukraine war’s impact on the energy industry and geopolitical dyn...

The United Nations Security Council is set to vote on a US-proposed resolution on Thursday in the US, aimed at imposing additional sanctions on North Korea in response to the regime’s recent intercontinental ballistic missile launch. According to diplomats cited by media reports in the United States, the US has scheduled the vote for the late afternoon. Washington holds the Security Council pres...

Samsung Medical Center said Thursday that it has created a consultative group on Friday to accelerate its plan of adopting a robot-driven smart hospital system. The hospital was selected in 2021 by the Korea Institute for Robot Industry Advancement, an organization under South Korea’s Industry Ministry, to receive up to 1.5 billion won ($1.18 million) in subsidies to carry out a project to opera...

Climate crisis is an ocean crisis, said Sylvia Earle, marine biologist and National Geographic explorer-in-residence, during a forum Thursday in Seoul. “It took time for climate scientists to recognize the inextricable connection between the atmosphere and the ocean, between climate and the ocean, between Earth’s living systems and climate. Now we know that the climate crisis is an ocean crisis,...

Gangwon Province has been underdeveloped, limited by heavy regulations, says Lee Kwang-jae, the main opposition Democratic Party of Korea’s Gangwon Province candidate for governor. Lee, who held the post of Gangwon Province governor for a short period in 2010 before he was removed due to involvement in a large political scandal, believes a new future awaits the province. According to Lee, the n...

In the session, Henk Ovink, a special envoy for International Water Affairs for the Kingdom of the Netherlands, said that climate change was also making water-related disasters more frequent, and that our cities were especially vulnerable. Pointing out that pollution, floods, and droughts are increasing year on year, he noted that cities were global flood risk hotspots. “We see this already hap...

South Korean cablemaker LS Cable & System has been accelerating its cooperation with local small and medium-sized enterprises to foster shared prosperity. LS Cable & System said Thursday that it has launched a local area network cable testing device in collaboration with Kangwon Electronics, a local company specializing in hardware and software wholesale. The newly developed device allows for t...

Hancom Group, South Korea's leading office software developer, has launched the country's first private Earth observation satellite into orbit, the company said Thursday. According to the firm, the satellite named Sejong-1 was carried on a Falcon 9 rocket developed by US firm SpaceX. The rocket blasted off from the Kennedy Space Center in Cape Canaveral, Florida at 2:35 p.m. on Wednesday. A Han...

Kim Ji-suk, who takes the role of a celebrated director, believed that many drama fans will find the unique presentation of his upcoming series refreshing. “Different from other dramas, viewers already have the information about the characters’ future with Hong’s superpower. It will be interesting to watch how the lead character’s future meets its end, and watch whether her prophecy is even real...

Small island countries were on the front lines of climate change but the clock is now ticking for the developed world, former president of Kiribati, Anote Tong, said at the H.eco Forum in Seoul on Thursday. “Hurricane Katrina hit the southeastern US in 2005, at a time when many parts of the country were still in denial of climate change,” Tong said. “The scale of destruction caused by that hurri...

South Korea’s central bank on Thursday raised its benchmark interest rate by a quarter percentage point to 1.75 percent and hinted at further rate hikes to come to fend off the country’s highest inflation spike in 14 years. In the first rate-setting meeting presided by the new Bank of Korea Gov. Rhee Chang-yong, the six-member monetary policy board unanimously voted to carry out its fifth pandem...