South Korea

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• Source limited to: Korea Joongang Daily

 2021-01-20 10:30 

Korea Joongang Daily

Back in the business...

Uber launched a beta version of its franchise taxi service in Korea on Wednesday with a plan to supply 1,000 Uber-badged taxis within the first quarter. The rate will be in line with regular taxis....

 2021-01-20 10:30 

Korea Joongang Daily

To the loyalists go the spoils in Moon administration...

President Moon Jae-in on Wednesday named two ruling party lawmakers as ministers, relying on loyalists to run the cabinet....

 2021-01-20 10:30 

Korea Joongang Daily

First vaccines coming in February, says prime minister...

Prime Minister Chung Sye-kyun said Wednesday that Korea's first batch of Covid-19 vaccines will probably be enough to inoculate 50,000 people....

 2021-01-20 10:29 

Korea Joongang Daily

Samyang Group Honorary Chairman Kim Sang-ha dies at 95...

Kim Sang-ha, honorary chairman of Samyang Group and the longest-serving chair of the Korea Chamber of Commerce and Industry, died Wednesday at 95 years old....

 2021-01-20 10:29 

Korea Joongang Daily

Egg market seizing up as consumers fear shortages...

With egg prices soaring, supermarkets are rationing purchases as panic grips consumers and the government is intervening....

 2021-01-20 10:29 

Korea Joongang Daily

Analysts weigh in on Moon-Biden partnership...

According to a group of 34 foreign affairs and security experts surveyed by the JoongAng Ilbo, only one responded that the Biden administration could consider partially easing sanctions on North Korea for the sake of improving inter-Korean relations...

 2021-01-20 09:34 

Korea Joongang Daily

Culture Ministry unveils tour packages to enjoy from the comfort of home...

The Ministry of Culture, Sports and Tourism has unveiled online travel packages that can be enjoyed via small and large screens alike. The packages take people to different regions in Korea and feature stories told by experts of those regions....

 2021-01-20 09:34 

Korea Joongang Daily

Defense Ministry promotes talks with North Korea...

South Korea's Defense Ministry on Tuesday said it was ready to hold military talks with North Korea on "any matter" for the sake of reducing tensions on the peninsula....

 2021-01-20 09:34 

Korea Joongang Daily

eBay Korea may be on the block as parent sells assets...

eBay may be selling its Korean unit, which operates Gmarket and Auction....

 2021-01-20 09:34 

Korea Joongang Daily

Steel production pioneer Chung Myung-sik dies at 90...

The third chairman in the steel company's 52-year history, Chung is credited with leading the construction of Posco production facilities in Korea, which were also the first steel factories in the country....

 2021-01-20 09:34 

Korea Joongang Daily

2 more Yonsei profs in hot water over VIP admission...

Prosecutors recently applied for arrest warrants for two professors at Yonsei University over suspicions of admissions hanky panky on behalf of the daughter of a former vice president of the university. The Seoul Western District Prosecutors'......

 2021-01-20 09:34 

Korea Joongang Daily

Coway air purifier picks up a CES Innovation Award...

Coway's Design Flex Air Purifier was named an honoree in the Innovation Awards at the 2021 CES trade show....

 2021-01-20 09:34 

Korea Joongang Daily

Tests start on hydrogen fuel cell system in Ulsan power plant...

Hyundai Motor and two other Korean energy companies started test operations of a hydrogen fuel cell facility able to generate 8,000 megawatt-hours (MWh) of electricity annually in Ulsan on Wednesday....

 2021-01-20 09:34 

Korea Joongang Daily

Ulsan face a tough fight to the FIFA Club World Cup...

After winning the AFC Champions League last month, Ulsan Hyundai FC will now go on to compete for the ultimate prize in men's club football — the FIFA Club World Cup. Ulsan will face Mexican side Tigres UANL in the opening game of the tournament...

 2021-01-20 09:33 

Korea Joongang Daily

Auto and tech stocks buoy bullish Kospi...

Korean stocks advanced for a second consecutive session Wednesday, as auto and tech stocks continued to rebound. The won rose against the dollar....

 2021-01-20 09:33 

Korea Joongang Daily

Biden presidency good news, bad news for businesses...

Joe Biden's inauguration as the 46th president of the United States is being greeted optimistically by local businesses, though they have some concerns....

 2021-01-20 08:37 

Korea Joongang Daily

Jackson of boy band GOT7 in talks to sign with Sublime Artist Agency...

Jackson of boy band GOT7, whose contract with JYP Entertainment came to an end Tuesday, may soon be shaking hands with Sublime Artist Agency. Following rumors of their impending deal, Sublime Artist Agency clarified Wednesday that ......

 2021-01-20 08:37 

Korea Joongang Daily

Trillions of support promised ahead of Lunar New Year...

Households and companies are to receive 38.4 trillion won ($34.9 billion) worth of government support ahead of the Lunar New Year holiday next month....

 2021-01-20 07:42 

Korea Joongang Daily

2021.1.20 Hotel Events...

Grand InterContinental Seoul Parnas l Andaz Seoul Gangnam l JW Marriott Dongdaemun Square Seoul...

 2021-01-20 07:41 

Korea Joongang Daily

Ulsan face a tough fight to the FIFA Club World Cup...

After winning the AFC Champions League last month, Ulsan Hyundai FC will now go on to compete for the ultimate prize in men's club football — the FIFA Club World Cup. Ulsan will face Mexican side Tigres UANL in the opening game of the tournament...

 2021-01-20 07:41 

Korea Joongang Daily

Kim Bo-reum sues teammate over 2018 bullying claims...

Speed skater Kim Bo-reum, who was caught up in a bullying controversy during the 2018 PyeongChang Winter Olympics, has reportedly sued teammate Noh Seon-yeong. Kim says Noh's accusation lost her sponsorship money and forced her to seek counseling....

 2021-01-20 07:41 

Korea Joongang Daily

Monsta X's I.M set to release solo single at the end of February...

I.M of boy band Monsta X is ready to go solo. Starship Entertainment said Wednesday that I.M is preparing to release a solo single at the end of February. Other details about what genre his music would be or the producers behind it were kept under......

 2021-01-20 07:41 

Korea Joongang Daily

Back to the drawing board on North Korea, says Blinken...

President-elect Joe Biden's nominee for secretary of state, Antony J. Blinken, said Tuesday a wholesale review of U.S. policy toward North Korea was in order, signaling the new administration's intent to dial up pressure on the regime......

 2021-01-20 07:41 

Korea Joongang Daily

LG Electronics may hang up on phone business...

LG Electronics hinted it may abandon its struggling smartphone business Wednesday....

 2021-01-20 07:41 

Korea Joongang Daily

Creators of 'Sweet Home' marvel in the success of their monstrosity...

Kim Carnby and Hwang Young-chan, the authors of the Naver webtoon series...

 2021-01-20 07:41 

Korea Joongang Daily

Yummy gummies prove popular in Chinese tummies...

Korea's fruit gummy candy has seen an increase in popularity among Chinese consumers as snacking trends in the country are changing and more attention is being paid to nutrition....

 2021-01-20 06:45 

Korea Joongang Daily

LG Chem CEO Shin invited to participate in a Davos panel...

LG Chem's Vice Chair and CEO Shin Hak-cheol was invited to appear on a panel at the World Economic Forum (WEF), the company said Wednesday. He participate in the online panel discussion "Mobilizing Action on Climate Change."...

 2021-01-20 06:45 

Korea Joongang Daily

Naver buys 100% stake in self-publishing site Wattpad...

Portal site Naver has acquired a 100 percent stake in self-publishing website Wattpad for 653 billion won ($594 million), the Korean IT firm said Wednesday. The deal makes Naver a leading platform operator in the realm of webtoons and web novels....

 2021-01-20 06:45 

Korea Joongang Daily

LG Electronics to invest 50 billion won in testing center...

LG Electronics will spend 50 billion won ($45 million) building a new testing facility in its production complex at Changwon, South Gyeongsang, starting February as a part of its push to refurbish its main manufacturing hub....

 2021-01-20 05:50 

Korea Joongang Daily

[THINK ENGISH] ‘정인이 사건’ 양부모 첫 재판, 분노한 시민들 고성...

The adoptive mother of a 16-month-old who died after being brutally abused was due in court Wednesday, and angry members of the public were waiting for her....

 2021-01-20 05:50 

Korea Joongang Daily

#Sonny gets own emoji as Spurs launch Korean account...

Son Heung-min is still in the headlines this week as his documentary...

 2021-01-20 05:50 

Korea Joongang Daily

[THINK ENGLISH] 삼성·LG, 2021 CES를 로봇과 함께 시작하다...
 2021-01-20 02:05 

Korea Joongang Daily

New foreign minister named ahead of Biden inauguration...

President Moon Jae-in on Wednesday replaced three ministers, naming Chung Eui-yong, a former presidential aide for national security affairs, as the new foreign minister....

 2021-01-20 01:09 

Korea Joongang Daily

[Video] The long hard road to herd immunity...

Life may never be the same after the coronavirus pandemic, but there is one thing that can get us close: it's not masks, it's not treatments, it's not social distancing, it's vaccines. Humanity has lived with......

 2021-01-19 12:05 

Korea Joongang Daily

Korea Shipbuilding signs ₩87.5 billion deal to build LPG carrier...

Korea Shipbuilding & Offshore Engineering said Tuesday it has signed an 87.5-billion-won ($79 million) deal with Korean shipper KSS Line to build a liquefied petroleum gas (LPG) carrier....

 2021-01-19 12:05 

Korea Joongang Daily

Gov't to monitor market volatility as bond yield spread widens...

Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short- and long-term state bonds is increasing, the vice finance minister said Tuesday....

 2021-01-19 12:05 

Korea Joongang Daily

Finance Ministry prepares to battle bubbles and debt...

Korea's Finance Ministry said Tuesday it will carefully manage ample liquidity this year to prevent idle money from causing asset bubbles and increasing household debt....

 2021-01-19 12:05 

Korea Joongang Daily

Graft regulations eased to allow for more expensive gifts...

Korea said Tuesday it has decided to ease the existing anti-graft law over the upcoming Lunar New Year's holiday....

 2021-01-19 12:05 

Korea Joongang Daily

DMI to develop drone-based marine charting system...

Doosan Mobility Innovation (DMI) said Tuesday that it has teamed up with the local shipbuilding and marine ICT provider Marineworks to develop a solution to control ships' sailing by using drones....

 2021-01-19 11:09 

Korea Joongang Daily

Profit-sharing concept hits brick wall of Korea Inc....

Pie in the sky has collided with corporate Korea, and the letter of the law, as President Moon Jae-in indicates he is in favor of the profit-sharing concept....

 2021-01-19 11:09 

Korea Joongang Daily

Moon's adoption comments continue to upset...

A coalition of adoptive parents and adoption activists slammed President Moon Jae-in Tuesday for remarks about allowing people to swap their adopted children if they fail to get along, saying they could discourage people thinking about adopting....

 2021-01-19 11:08 

Korea Joongang Daily

Hanwha is first Rolls-Royce supplier permitted to handle quality control...

Hanwha Aerospace became the first supplier to British aerospace engine maker Rolls-Royce to be certified to conduct its own quality control checks....

 2021-01-19 10:13 

Korea Joongang Daily

Live commerce, perfect for the pandemic, is all the rage...

Live commerce, the wacky but hugely successful format whereby customers are able to chat with an infomercial, has gone mainstream....

 2021-01-19 10:13 

Korea Joongang Daily

Gwangju's club owners get restive over restrictions...

Tensions between the Gwangju Metropolitan Government and its nightlife businesses boiled over as dozens of clubs threatened to defy shutdown orders and reopen....

 2021-01-19 10:13 

Korea Joongang Daily

Gyeonggi goes ahead with ₩100,000 checks for all...

Gyeonggi Gov. Lee Jae-myung is giving 100,000 won ($91) to all residents of the province to cope with Covid-19 economic fallout, despite the ruling party's disapproval....

 2021-01-19 10:13 

Korea Joongang Daily

Amcham head warns tax, overregulation are holding Korea back...

High corporate tax and overregulation are still stopping Korea from becoming an Asian business hub like Singapore and Hong Kong, according to the CEO of the American Chamber of Commerce (Amcham) in Korea....

 2021-01-19 10:12 

Korea Joongang Daily

Seoul stocks up 2 percent on expectations of improved earnings...

Stocks jumped more than 2 percent Tuesday on strong advances by auto-related shares, backed by expectations of improved earnings. The won rose against the dollar....

 2021-01-19 10:12 

Korea Joongang Daily

Sewol probe ends with a whimper...

State prosecutors on Tuesday wrapped up a yearlong investigation into the Sewol Ferry disaster in 2014, shooting down most allegations of a government cover-up....

 2021-01-19 09:17 

Korea Joongang Daily

Korea and Chile among nations preparing for COP 26...

Conservation of marine ecosystems go hand in hand with climate change actions, said Chilean Environment Minister Carolina Schmidt at a forum hosted by the Global Green Growth Institute and the Chilean Embassy in Korea on Tuesday. "Undoubtedly, the......

 2021-01-19 09:17 

Korea Joongang Daily

Forget a trusty steed, now LED trucks are the weapon of choice for battle...

Consumer behavior has evolved with time and so has the art of protesting against companies. Recently, the game and entertainment industries, two fields where consumers' voices echo the strongest and loudest, became acquainted with the latest ......

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