South Korea reported more than 300,000 new COVID-19 cases for a third consecutive day Monday as the virus wave, fueled by the highly contagious omicron variant, continued to grip the nation. The country added 309,790 new COVID-19 infections, the majority of which coming from local transmissions, putting the total caseload at 6,866,222, the Korea Disease Control and Prevention Agency (KDCA) said....

Samsung Electronics Co. says it will unveil new Galaxy A smartphones Thursday, the tech giant's entry-level gadget targeting users looking for more affordable smartphones with flagship features. Calling the Galaxy A series the company's "most popular smartphone category," Samsung said it "is taking the impactful Galaxy innovations for the A series even further." The series will be shown at a li...

A spokesperson for President-elect Yoon Suk-yeol denied a news report Monday that Prime Minister Kim Boo-kyum is being considered for retention in the incoming government. The Chosun Ilbo newspaper carried the report earlier in the day, saying retaining Kim would avoid political wrangling during the parliamentary confirmation process for a new prime minister and demonstrate a commitment to worki...

South Korean stocks opened lower Monday, as investors took to the sidelines ahead of the US Federal Reserve's policy meeting this week. The benchmark Korea Composite Stock Price Index (Kospi) fell 8.25 points, or 0.31 percent, to 2,653.03 points as of 9:15 a.m. Stocks traded bearish, led by losses in tech companies that are usually more sensitive to borrowing costs, while financial heavyweights...

US Trade Representative (USTR) Katherine Tai and South Korean Trade Minister Yeo Han-koo will visit a factory run by a South Korean company in Michigan this week to mark the 10th anniversary of the enactment of the Korea-US free trade agreement, her office said Sunday. "On Wednesday March 16, 2022, United States Trade Representative Katherine Tai will travel to the Detroit area, Auburn, and Bay ...

SINGAPORE , March 14, 2022 /PRNewswire/ -- Giift, a leading provider of loyalty management solutions around the globe, announced today that it has acquired a majority interest in Xoxoday, an India -based fintech disruptor in the rewards, incentives, and payout space. Giift's investment will enable Xoxoday to fuel the next stage of growth in international markets and upgrade its technology in...

The second of K-pop supergroup BTS's three concerts in Seoul has raked in more than $32 million from movie theaters across the world, where fans in different countries were able to watch it live, according to a report by a US entertainment magazine. "BTS Permission To Dance On Stage - Seoul" was held Saturday as one of the septet's first shows before a live audience in its home country since 201...

Five matches into a season in which they are chasing a record sixth consecutive championship, K League 1 giants Jeonbuk Hyundai Motors find themselves in a largely unfamiliar spot. Jeonbuk suffered their third straight loss at the hands of Jeju United on Saturday. The 2-0 defeat temporarily dropped Jeonbuk to 10th place among 12 clubs on the tables. Then Suwon FC earned their first win of the se...

The government will begin vaccinating children aged 5-11 against COVID-19 late this month, Interior Minister Jeon Hae-cheol said Monday. The safety of COVID-19 vaccines for children has been sufficiently proven abroad while COVID-19 patients aged 11 or under have surpassed 15 percent of all cases in the country, Jeon said during a COVID-19 response meeting. "The government will carry out vaccin...

Asiana Airlines Inc. said Monday it will resume flights on the Incheon-Nagoya route next month, one year after its suspension due to the COVID-19 pandemic. Starting April 1, Asiana plans to provide one flight a week on the Nagoya route, while expanding flights on the routes to Tokyo, Osaka and Fukuoka from March 27, the company said in a statement. The move is aimed at preemptively preparing fo...

Foreign investors remained net sellers of South Korean stocks in February amid growing jitters over Russia's invasion of Ukraine, data showed Monday. Foreigners offloaded a net 2.58 trillion won ($2.09 billion) worth of local stocks last month, marking the second straight month of net selling, according to the data from the Financial Supervisory Service. Offshore investors' net selling stood at...

Since Russia’s invasion, more than 2 million people have fled Ukraine. An additional 4 million might not be far behind in what’s shaping up as Europe’s largest refugee crisis since World War II. But is Europe ready to handle it? The European Union and member states have shown a massive outpouring of support. Countries bordering Ukraine, including Poland, Hungary, Slovakia and Romania have rapid...

Hana Financial Group Vice Chairman Ham Young-joo has been cleared of any wrongdoing in the flagship bank’s hiring scandal, removing a major hurdle for him to take the reins of one of the biggest financial groups here. On Friday, the Seoul Western District Court found Ham not guilty of exercising his influence on a hiring request at Hana Bank when he was the CEO of the lender in 2015. The latest...

The collection book includes interviews with the architect and his design process for monumental buildings such as the Millennium Hilton Seoul. Located in Jung-gu, central Seoul, the hotel was founded in 1983 and has became one of the city’s monumental works of contemporary architecture. Kimm’s architectural accomplishments were recognized at the national museum’s retrospective “Harmony Between ...