Health authorities started the last stage of testing for SK Bioscience’s coronavirus vaccine GBP510 this week, the National Institute of Health said Tuesday. As a home-grown COVID-19 vaccine closest to becoming the country’s first vaccine to be authorized, GBP510 is currently in the third and last phase of its clinical trial. “The last and most important step for the commercialization of the fi...

Families separated by the 1950-53 Korean War in South Korea have produced more than 24,000 video messages for their long-lost relatives in the North, but almost all of them have yet to be delivered, Seoul's unification ministry said Tuesday. Of the 24,077 video letters produced since 2005, including 1,004 created this year, only 20 of them were sent to North Korea in 2008 following inter-Korean ...

South Korea's chief financial regulator said Tuesday that his agency will take "necessary" action if the spread between interest rates on loans and deposits widens beyond "reasonable" levels. Jeong Eun-bo, chief of the Financial Supervisory Service (FSS), made the remarks during an online press conference amid criticism that banks and other financial firms are quicker to increase their loan rate...

Samsung Electronics Co. began a two-day companywide global strategy meeting, industry sources said Tuesday, the first since it appointed new CEOs in its first major reshuffle in three years and streamlined its structure after 10 years earlier this month. The biannual meeting used to take place in-person with attendance of hundreds of senior executives from at-home and abroad to discuss the compa...

LG‘s StanbyME is the company‘s high-end lifestyle TV brand. The TV is attached to a stand that can wheel around a house, challenging the idea that people need to enjoy watching TV by sitting on a couch. The stand’s heights can be adjusted by about 20 centimeters, while its screen with a touchscreen interface can be swiveled, tilted and rotated. According to LG, StanbyME TVs have been through maj...

Kim Jin-kook, senior presidential secretary for civil affairs, on Tuesday tendered his resignation after it was found that his son had attempted to use Kim’s position to find employment, officials said. “President Moon accepted Kim Jin-kook’s resignation,” said Park Soo-hyun, senior Cheong Wa Dae secretary for public communication. “There is no discussion on the successor yet.” Kim issued an a...

More than half of South Koreans aged between 40 and 64 held debt last year as more people took out loans to buy homes amid skyrocketing housing prices, data showed Tuesday. The data by Statistics Korea showed that 56.5 percent of people in the age group borrowed money from banks or other financial institutes last year, up 0.2 percentage point from the previous year. The amount of their median d...

BEIJING , Dec. 21, 2021 /PRNewswire/ -- Less than 50 days to the opening of the Beijing 2022 Winter Olympics, the Changbai Mountain scenic area has started its annual ice and snow festival recently. Tourists ride a snowmotor at Changbai Mountain scenic area, in northeast China's Jilin Province, Dec. 27, 2019. (Xinhua/Luo Yuan) The 2021-2022 ice and snow festival features more than 40 activ...

Protracted global supply disruptions could send expected inflation higher and add larger-than-expected upward pressure on inflation in South Korea, a central bank report said Tuesday. The report by the Bank of Korea also said that the global "carbon neutral" initiative could rather exert pressure on inflation by causing imbalances in the supply of and demand for materials needed to produce clean...

As the first concert following the release of their recent two studio albums, “Neo Zone” and “Sticker,” and the repackages, the show was especially focused on delivering live performances of tracks from the albums, including “White Night,” ”Paradise” and “Pilot.” Hitting the night’s climax with “Sticker” and “Cherry Bomb,” NCT 127 turned the mood of the night with the fan song “Dreams Come True....

The number of South Korean workers who took time off to take care of their children rose 3.7 percent in 2020 from a year earlier amid more government support for parental leave, government data showed Tuesday. A total of 169,345 workers took parental leave to take care of their children last year, up 6,089 from the previous year, according to the preliminary data from Statistics Korea. Last yea...

The Sunfull Foundation has held a ceremony to present an award in collaboration with the National Assembly to 61 lawmakers who make positive remarks, the organization said Thursday. The Sunfull Foundation is a non-governmental organization founded by English educator Min Byung-chul in 2007 to counter cyberbullying, hate speech, and human rights violations on the internet. The recipients were ch...

GREAT VICTORY DAY – Bangladesh Ambassador Md. Delwar Hossain hoists Bangladeshi flag and delivers welcome remarks at the Bangladesh Embassy in Seoul on Thursday, paying a rich tribute to Bangladesh’s first president, Bangabandhu Sheikh Mujibur Rahman, who is known as the “father of the nation and the valiant freedom fighters and violated women, whose supreme sacrifices ushered in the independence...

The Embassy of Argentina in Seoul opened the Mafalda Cultural Space to showcase Latin culture in Korea on Thursday. Mafalda is a cultural icon for Argentinians that originates from title of a comic strip character started in 1964 created by Joaquin Salvador Lavado Tejon also known as Quino. The cartoon was eventually published in 27 languages. Mafalda is the name of curious, lively and dedicat...

The ruling Democratic Party (DP) on Tuesday said it is seeking to establish a secondary presidential office in the central administrative city of Sejong following a pledge from its presidential candidate Lee Jae-myung. The DP said its plan to set up a secondary presidential office in Sejong, some 160 kilometers south of Seoul, will be introduced as a party policy at its general meeting Wednesday...