A growing number of young South Koreans are challenging conventional views on marriage and parenthood, with two out of five people in their 20s expressing support for having children without getting married, a recent government study showed Sunday. Statistics Korea's annual study on Korean society revealed that 42.8 percent of Koreans believe it is acceptable to have children without marriage, m...

Shares of local banks are putting up a fight in the bearish Korean stock market, as investors are pricing in expectations that lenders could excel in the second Donald Trump administration under softened regulation and higher interest rates. The KRX Banks index, representing shares of top financial service providers such as KB, Shinhan, Woori and Hana, closed at 913.69 on Nov. 7, up 2.33 percent...

Hana Financial Group's chief pitched the banking group's strategies to elevate its corporate value to overseas investors at an investor relations event in Hong Kong. Along with the chiefs of other top financial service providers in the country, Hana Financial Chairman Ham Young-joo attended the “Invest K-Finance” event, hosted by South Korea's Financial Supervisory Service. At the event, Ham int...

By collaborating with Seoul's renowned whiskey venues like Sound Planet, V-Lounge, Pussyfoot Saloon and 232, Jefferson has strategically positioned itself among bourbon enthusiasts. As a passionate advocate for pairing Jefferson's bourbon with local culinary traditions, Zoeller shared a story of his collaboration with Chef Edward Lee, who is currently gaining popularity in Korea through the Netf...

The leaders of South Korea and the United States, respectively, urged Chinese President Xi Jinping to act to address the deepening concerns arising from North Korea's troop deployment to the Russia-Ukraine war, which is nearing its three-year mark. On Saturday local time, US National Security Adviser Jake Sullivan told reporters in a briefing in Lima, Peru, that US President Joe Biden had pressu...

LG Chem is ramping up efforts to strengthen ties with partner companies through a series of new initiatives to promote sustainable development across its supply chain, the firm said Sunday. The South Korean chemicals giant outlined five key strategies under its “Shared Growth Solutions” framework: promoting fair trade, providing financial support, advancing environmental, social and governance p...

Hyundai Motor Group affiliate Kia is reportedly scaling back US production of its ambitious EV9, a large all-electric sport utility vehicle, due to stricter Inflation Reduction Act regulations. According to industry sources Sunday, Hyundai Motor Group’s manufacturing facility in Georgia, which began operation last month, produced 21 EV9s in the third quarter and only one was sold in the US. Giv...

However, the issue lies in the fact that from the company’s perspective the majority of profits come from Korean fans -- mostly women and girls. For instance, 70 percent of SM Entertainment’s revenue is derived from domestic fans, with additional income from the Chinese and Japanese markets. “Additionally, Chinese female fans have started to align with Korean female fans, creating a noticeable t...

Hallasan, the highest mountain on Jeju Island and in South Korea, is scheduled to launch a reservation-free period for its popular mountain trails, including Gwaneumsa Trail and Seongpanak Trail, starting from Nov. 27 to Dec. 27. Jeju’s provincial government and Hallasan National Park has been limiting the number of hikers for the two Hallasan mountain trails -- a maximum of 500 and 1,000 visito...

Recent reports indicate that a celebrity who passed away last week had been subjected to harassment by sasaeng activities. Actor Song Jae-rim, known for his roles in hit dramas such as "The Moon Embracing the Sun," “Two Weeks” and "Queen Woo," was found dead at his home in Seoul on Tuesday, at the age of 39. While his family has not revealed the cause of death, police reported no signs of foul p...

Seunghan, who left boy band Riize due to a controversy surrounding his private life, is set to debut as a solo artist in the latter half of next year. SM Entertainment announced that Seunghan is preparing for his solo debut, which is targeted for the second half of 2025. The agency stated, “He is undergoing systematic training, receiving support in production, management and other areas necessar...

This year’s Hanwha Classic, a concert series dedicated to early music, will bring together two ensembles whose first collaboration in 1992 was regarded as a musical symbol of German unificaiton. The Academy for Ancient Music Berlin (Akamus) was founded in 1982 in East Berlin, and the RIAS Chamber Choir was established in 1948 within the American-occupied sector of West Berlin. In 1992, they bega...

Leveraging its experience in the Starlake City project, Daewoo E&C has crafted an integrated development model for Kien Giang, blending residential, commercial, educational, green and cultural elements into a cohesive urban plan. Looking ahead, the company is exploring opportunities in Indonesia, India, Nigeria and Canada, with a long-term goal of increasing its overseas revenue share to 70 perce...