The average annual salary at South Korea’s top four banks exceeded 100 million won ($82,500) for the first time last year, backed by a surge in interest and fee revenue, data showed Sunday. Bankers under the four commercial banks here -- KB Kookmin, Shinhan, Hana and Woori -- received an average 105.5 million won last year, 7.6 percent up from the previous year, according to their annual reports...

In one of the virtual spaces closely resembling the girl group’s practice studio at its agency, JYP Entertainment, visitors can practice dance moves and take selfies with the members using their own avatars. About one million users visited NMIXX’s virtual space in the first six days of its launch, and created more than 600,000 pieces of content on the platform, according to Zepeto. Fans can mak...

North Korea on Sunday fired four suspected shots from its multiple rocket launchers into the Yellow Sea, South Korean military officials said, the latest show of force that could heighten tensions on the Korean Peninsula. South Korea's National Security Council (NSC) held an emergency vice-ministerial meeting over the four shots that fell into the western waters during a span of an hour from 7:2...

South Korea's top carmaker Hyundai Motor Co. and China's Beijing BAIC Motor will inject over 1 trillion won ($825 million) into their joint venture to enhance the competitiveness of its electric car making amid sluggish sales, company officials said Sunday. They will increase the capital stock of Beijing Hyundai Motor by about 1.2 trillion won, with each shouldering half of the planned investmen...

South Korean tech giant LG Electronics Inc. said Sunday it has suspended shipments to Russia due to difficulties in the global offshore logistics. LG said in a statement that it is "suspending all shipments to Russia and will continue to keep a close watch on the situation as it unfolds." "We are deeply concerned for the health and safety of all people, and LG remains committed to supporting hu...

South Korean leading carmaker Hyundai Motor Co. said Sunday that its independent Genesis brand surpassed 700,000 units in accumulative global sales, thanks to the rising popularity of its brand power. The premium brand's global sales totaled 700,612 units from its launch in November 2015 to end-February 2022, 30.5 percent of which were sold overseas, according to Hyundai Motor's investor relatio...

The Supreme Court has ordered tax authorities to refund Samsung Electronics Co. 11.3 billion won ($9.3 million) in undue corporate taxes from a former patent deal with U.S. software giant Microsoft Corp., court officials said Sunday. Samsung filed the complaint against local tax officials, who purported that the South Korean tech company avoided paying corporate taxes for using Microsoft's paten...

South Korea's new COVID-19 cases dropped below 400,000 for the second straight day on Sunday but concerns remain high that infections could spike again as the government is set to ease social distancing rules this week. The country reported 334,708 new COVID-19 infections, including 22 from overseas, raising the total caseload to 9,373,646, the Korea Disease Control and Prevention Agency said. ...

President-elect Yoon Suk-yeol on Saturday visited the foreign ministry building and the defense ministry compound, which are candidate sites for his planned relocation of the presidential office. He met with ministerial officials there and discussed the advantages and disadvantages of the two places as locations for the next presidential office, according to Yoon's secretariat. Yoon is expected...

Most namul restaurants offer a vegetable-based meal, with some optional seafood side dishes, but this place also offers beef bulgogi as part of the meal. The namul dishes here are quite salty, but steamed tofu and different types of jeon, or Korean fried pancakes, can help lessen the saltiness when eaten together. Black rice hot pot is served with a kettle of broth. Scoop more than one-third of...

Another part of the site was used to build the Waterworks Museum. Inside the main and annex buildings, exhibitions show the stories and artifacts from the centurylong history of the water supply system, and also how the related culture and technology had developed with it. In the area outside, visitors can experience how facilities, such as pumps and pipes, had been operated back when the plant ...

A vote took place at one of the most expensive apartment complexes in central Seoul last May. “Due to the indiscriminate actions of passersby within the complex, damage to residents such as trash throwing, unauthorized use of facilities, theft accidents and pet excretion continues to take place,” read the notice for the vote, asking residents to express their opinion through the poll on the inst...

Now a fourth-year student, samini seunim Dohyeon said she has come to realize that “the answers to all of humanity’s questions such as ‘Who am I and why am I here?’ were already addressed by the enlightened Siddhartha Buddha who had already figured out the answers to life’s quandaries some 26 centuries ago.” The students at the Unmunsa Buddhist Nunnery University are taught everything, including...

“When you think of Busan, you can easily come up with many Korean noir films, so it might seem obvious. But our film is different. The gangsters in the movie do not always dress up in suits and also they fight for this small port city in Busan that is not developed,” Cheon said. He added that the city seemed right for showing gangsters’ desperate survival stories. Ji Seung-hyun, who played Cheo...

I would like to introduce a dish that is simple, yet full of spring energy. Potatoes taste best when harvested on the summer solstice in June. Monastics prepare their own style of pizza using potatoes. As we are not very good at preparing wheat dough from scratch, we make potato pancakes and then add toppings. This pizza is one of the temple delicacies. Ingredients 4 medium potatoes 1 each o...