A facade of a high-rise apartment building under construction in the southwestern city of Gwangju collapsed Tuesday, injuring at least one person and burying about 10 vehicles under the rubble, police said. The exterior wall of the apartment building crumbled down at the construction site in western Gwangju, 330 kilometers south of Seoul, at around 3:46 p.m., police said. Three people trapped i...

SEOGWIPO -- After bouncing around multiple European clubs with little success, Lee Seung-woo, a product of FC Barcelona's famous youth academy, has landed with Suwon FC in South Korea's K League 1 with one major goal in mind. He wants to be on the field more. "The biggest motivating factor was that I wanted to play more minutes. I wasn't getting much action with my other teams, and that's why I...

Top nuclear envoys of South Korea and the United States held phone talks Tuesday over North Korea's latest launch of a ballistic missile and stressed the importance of maintaining the allies' combined defense posture, according to Seoul's foreign ministry. Noh Kyu-duk, special representative for Korean Peninsula peace and security affairs, and his American counterpart, Sung Kim, discussed the ma...

Last week, the talk of the town was Democratic Party of Korea presidential candidate Lee Jae-myung’s pledge to have hair loss treatments covered by public health care insurance, prompting both cheers from supporters and criticism of populism. What stood out in particular was the enthusiastic response from young voters, despite hair loss known to be more prevalent among the older generation. In f...

President Moon Jae-in expressed concern Tuesday over North Korea's repeated missile launches ahead of South Korea's presidential election in March, his spokesperson said. Moon made the remark after being briefed on the results of a National Security Council meeting held earlier in the day following the North's firing of a suspected ballistic missile into the East Sea, Park Kyung-mee said during ...

Zara, the global fast-fashion clothing retailer, said on Tuesday that it has rolled out a kids collection of modern hanbok exclusively for the Korean market. The collection was unveiled ahead of the Lunar New Year holiday that kicks off later this month. It includes durumagi-inspired coats, vests, dresses, norigae or decorative pendants, lucky pouches, socks and shoes. The collection is availabl...

President Moon Jae-in attended the groundbreaking ceremony for an LG Chem cathode plant in the southeastern city of Gumi on Tuesday, saying he hopes the 475 billion won ($397 million) project will boost South Korea's competitiveness in the electric vehicle (EV) battery sector. Moon traveled to the city 260 kilometers southeast of Seoul to meet with officials involved in the construction of the p...

SEJONG -- South Korea’s brisk export performance, which started in the fourth quarter of 2020 as a rebound or recovery, has continued during the first 10 days of 2022, state customs data showed Tuesday. According to the Korea Customs Service, the nation’s exports reached $13.9 billion during the period of Jan. 1-10, up 24.4 percent compared to $11.2 billion over the same period of 2021. By main...

Market valuation estimates of local digital platforms that promote individual trading of secondhand products have been on the rise with traditional retailers and even banks injecting large investments in hopes of them becoming the next Coupang and Market Kurly. Some market insiders say that valuation of Danggeun Market, the nation’s biggest secondhand trading app by transaction volume, is estima...

Samsung Electronics unveiled its “ Tiger ” strategy at CES 2022 to beat Apple in the flagship smartphone market, but experts say that the South Korean tech giant should first come up with “killer content” for its foldable smartphones for that strategy to work. During the world’s largest tech show held in Las Vegas last week, The Korea Herald exclusively reported on the South Korean tech giant’...

South Korean stocks finished nearly unchanged Tuesday as investors await comments by the US Federal Reserve chief at the Senate hearing. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) edged up 0.66 points, or 0.02 percent, to close at 2,927.38 points. Trading volume was moderate at about 559 million shares worth some 10.5 trillion won ($8.8 bi...

LG Electronics said Tuesday it has signed a memorandum of understanding with Mystic Story, a local music label led by singer-song writer Yoon Jong-shin, to debut its virtual human ambassador, Reah Keem, as a singer. Yoon, Mystic’s chief producer, will oversee the overall project from writing songs to vocal training for Keem. Her imminent debut was teased last week when LG unveiled a music video ...

A South Korean passenger jet that has been grounded in Kazakhstan amid an anti-government protest is expected to return home later this week once the Central Asian nation's largest airport resumes operations, the foreign ministry said Tuesday. The flight of Asiana Airlines Inc., a South Korean flag carrier, with dozens of South Koreans aboard has been grounded at Almaty International Airport sin...

A ruling party lawmaker recently filed a bill calling for banks to receive the financial authorities’ permission for partially shutting down their business here, the National Assembly’s online bill information system showed Tuesday. Rep. Min Byoung-dug of the Democratic Party of Korea’s move follows Citibank Korea’s decision in October last year to pull out its retail banking business in phases,...