South Korea

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 2020-08-08 11:24 

Korea Herald

Korean to be taught as foreign language at India's schools...

On July 30, the Indian government announced the selection of Korean language as one of the foreign languages taught at secondary school level. Following the announcement from India, the Korean Culture Ministry on Thursday claimed that the Korean Cul...

 2020-08-08 11:23 

Korea Herald

Hip-pop artist Simon Dominic to perform at Sejong Center...

Hip-pop artist Simon Dominic will be performing in the Sejong Center for the Performing Arts' Sejong Grand Theater in central Seoul on Sept. 8. The Sejong Center for the Performing Arts said it was special for a hip-pop artist to perform at th...

 2020-08-08 11:19 

Korea Herald

Asiana deal at critical juncture, leaning toward collapse...

Creditors of embattled Asiana Airlines Co. are drawing up a set of countermeasures against the potential rupture of a deal to sell the country's No. 2 carrier, as local property developer Hyundai Development Co. is leaning toward withdrawing from the...

 2020-08-08 11:12 

Korea Herald

BLACKPINK's 'How You Like That' tops 400 mln YouTube views...

The music video for BLACKPINK's hit song "How You Like That" topped the milestone of 400 million YouTube views Sunday. The music video surpassed the threshold only 43 days after its release on Sept. 26. The feat makes it the fastest to re...

 2020-08-08 10:59 

Korea Herald

Next year's budget forecast to rise 8% to W550tr...

The government is drawing up a budget for next year, with its size likely to top 550 trillion won ($463 billion), up 8 percent from this year's, as the country is drumming up efforts to boost the pandemic-hit economy, sources said Sunday. According...

 2020-08-08 10:53 

Korea Herald

Seoul stocks set for further gains this week, stimulus packages in focus...

South Korean stocks have room to rise further this week, helped by ample liquidity and expectations that the US stimulus package is nearing a deal. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 2,351.67 points on Friday, up 4.55...

 2020-08-07 17:01 

Korea Herald

[Eye Plus] Choseong-ri evokes decades of nostalgia...

Time seems to have stopped at the 70-year-old Choseong-ri Station in Yeoncheon County, Gyeonggi Province. Having started out as a logistics center for the United Nations military forces in October 1950, the station had its heyday when US sold...

 2020-08-07 17:01 

Korea Herald

[Weekender] Investing in stocks? Why not sneakers?...

Even non-sneakerheads are realizing the lucrative nature of sneaker resale these days. O Jee-ye had never been much interested in expensive shoes. Shoes kissed ground-level microbes. They wore out much quicker than other items of clothing. What sh...

 2020-08-07 17:01 

Korea Herald

New cultural experience: Scandinavian food in most Korean setting...

Located across the west wall of the palace Changdeokgung in Wonseo-dong in central Seoul is what, at first glance, looks like a hanok cafe. Inside, however, authentic Scandinavian dishes are offered on Royal Copenhagen porcelain, offering a cuisine u...

 2020-08-07 17:01 

Korea Herald

Contact-free travel in Daejeon...

DAEJEON -- With international travel more burdensome than ever because of the spread of COVID-19, many Koreans are traveling domestically for a summer break. The city of Daejeon, about a two-hour drive south of Seoul or an hour by high-speed train...

 2020-08-07 17:01 

Korea Herald

NGO urges online retailers to ban sale of Rising Sun Flag...

A South Korean nongovernmental organization has sent letter of request calling for an immediate ban on sales of items designed with the Rising Sun Flag to global e-commerce platform operators including Amazon, Google, and Wish. Following the e-comme...

 2020-08-07 17:01 

Korea Herald

Korail sets up multilingual information kiosks in KTX stations...

Korail has introduced multilingual information kiosks in five of the KTX stations most visited by foreigners. The touchscreen machines can be used in four different languages. KTX train schedules and flight schedules as well as live traffic informat...

 2020-08-07 14:27 

Korea Herald

Death toll from heavy rain rises to 21...

The death toll from weeklong heavy rains in South Korea rose to 21 on Saturday, officials said. Eleven people went missing and seven were injured while more than 3,000 people were displaced, according to the national disaster control center and loca...

 2020-08-07 14:04 

Korea Herald

Major southwestern river overflows, local residents evacuated...

A major river running through the southwestern region of South Korea overflowed in some places Saturday due to torrential rains, forcing some local residents to evacuate. Two days of downpours caused the flooding of the Seomjin River in Gokseong and...

 2020-08-07 11:45 

Korea Herald

Four dead, one missing in landslide triggered by heavy rain...

Four people are dead and another missing after a landslide triggered by heavy rain hit a southern town, local officials said Saturday. The landslide buried five homes at a village in Gokseong, about 400 kilometers south of Seoul, at 8:29 p.m. Frida...

 2020-08-07 11:40 

Korea Herald

Trump says he will make deals with N.K. very quickly if reelected...

U.S. President Donald Trump said Friday he will make deals with North Korea "very quickly" if reelected in November. Trump was referring to his administration's stalled efforts to get North Korea to dismantle its nuclear weapons program in...

 2020-08-07 11:35 

Korea Herald

S. Korea reports 43 new coronavirus cases, community infections around Seoul continue...

South Korea's new COVID-19 cases linked with community infections have jumped to the highest level in more than two weeks, with many in Seoul and nearby Gyeonggi Province, according to health authorities Saturday. The Korea Centers for Disease Contr...

 2020-08-06 23:41 

Korea Herald

USFK to ease anti-virus restrictions peninsula-wide next week...

U.S. Forces Korea (USFK) said Friday it will ease anti-virus restrictions for its personnel across the Korean Peninsula next week, allowing service members to dine at restaurants and conduct other off-base activities except for visiting bars and club...

 2020-08-06 23:39 

Korea Herald

Hanjin KAL to buy new shares of Jin Air in Nov....

Hanjin KAL Corp. said Friday it will spend 53.6 billion won (US$45.2 million) to buy new shares to be issued by its low-cost carrier Jin Air Co. Earlier in the day, the board of directors of Hanjin KAL, the parent of Jin Air, decided on the purchas...

 2020-08-06 23:39 

Korea Herald

Hanwha Q Cells to buy U.S. energy software company...

Hanwha Q Cells, a leading solar power solutions provider, said Friday that it will buy U.S. energy software company Geli to further its standing in the industry. The energy business arm of Hanwha Solutions said it plans to acquire a 100 percent stak...

 2020-08-06 23:17 

Korea Herald

S. Korea sees continued COVID-19 infections linked to churches...

New clusters of infections linked to churches in the populated Seoul metropolitan area are keeping Korea's health authorities on their toes, as the country reported 20 new infections Friday. According to the Korea Centers for Disease Control...

 2020-08-06 19:10 

Korea Herald

KT's Q2 operating profit jumps on improved B2B business...

Korean telecom giant KT said Friday its operating profit increased by 18.6 percent though its sales dropped during the same period in the second quarter this year. Operating income of KT in the second quarter reached 207.6 billion won ($175 million...

 2020-08-06 19:09 

Korea Herald

Genexine's COVID-19 drug to begin phase 1 trial in Korea...

Genexine's COVID-19 treatment candidate GX-17 was given the Korean drug authority's grant to proceed to phase 1 human trials, Friday. GX-17 is a protein drug recombining human IL-7 and hybrid Fc (hyFc) that the company had been develop...

 2020-08-06 18:51 

Korea Herald

DWG reigns atop LCK after defeating Gen.G...

Damwon Gaming continues the team's undefeated second round win streak in the League of Legends Champions Korea, defeating Gen.G in the opening match of the week Thursday to sit at first in the standings. Damwon Gaming, which recently placed se...

 2020-08-06 18:37 

Korea Herald

2,500 people displaced after downpour, more rain expected over weekend...

More than 2,500 people have been displaced from a week of heavy rain in much of the country, leading the government to designate seven hard-hit areas as special disaster zones. President Moon Jae-in declared Chungju, Jaecheon and Umseong in North C...

 2020-08-06 18:22 

Korea Herald

Daewoong fights for continued availability of Jeuveau in US...

Daewoong Pharmaceutical on Friday accused the US' International Trade Commission's decision to put a 10-year sales ban on its botulinum toxin product of "lacking evidence" and being "biased and distorted." Daewoong...

 2020-08-06 18:19 

Korea Herald

Release of traffic camera footage of actor Lim Seul-ong's accident raises controversy...

As the police investigation of Lim Seul-ong's car accident continues, a local newspaper released traffic camera footage of the Aug. 1 accident, turning public opinion against Lim. Actor and singer Lim Seul-ong hit and killed a pedestrian cross...

 2020-08-06 18:12 

Korea Herald

Celltrion operating profit rises 118% to it new record...

Celltrion posted a record-setting second quarter report on Friday, citing Truxima's rapid market uptake in the US and increased productivity at its reinforced plant No. 1 in Songdo, Incheon. Celltrion's second quarter revenue reached 428...

 2020-08-06 17:58 

Korea Herald

LG U+ Q2 net profit soars, fastest growth for third consecutive quarter...

Korea's third-largest mobile carrier LG U+ said the company's operating profit in the second quarter increased by 59.2 percent on-year, the fastest growth rate for three consecutive quarters among local mobile carriers. In the meantime,...

 2020-08-06 17:57 

Korea Herald

Enzychem Lifesciences' COVID-19 drug proceeds to phase 2 trial...

Enzychem Lifesciences' COVID-19 treatment candidate EC-18 was granted by the US' Food and Drug Administration to carry out phase 2 clinical trial on confirmed patients, the company said Friday. In this phase 2 clinical trial, Enzychem Li...

 2020-08-06 17:56 

Korea Herald

Naver's online cartoon service posts W3b daily sales...

Naver on Friday said that its online cartoon business is posting 3 billion won ($2.5 million) in average daily gross sales as of Aug. 2, up from 2 billion won in August last year. Naver contributed the growth to the increased number of monthly activ...

 2020-08-06 17:56 

Korea Herald

S. Korea best in responding to COVID-19 among OECD countries: PM...

South Korea's Prime Minister Chung Sye-kyun on Friday hailed the country's effective response to the COVID-19 pandemic, citing this year's sustainable development report by a team of international experts that put the country at No....

 2020-08-06 17:43 

Korea Herald

[Newsmaker] Moon's chief of staff, five senior aides offer to resign...

President Moon Jae-in's Chief of Staff Noh Young-min and all five senior secretaries of his team offered to resign on Friday, taking responsibility for recent management of administration, the presidential office Cheong Wa Dae said. The five are Kan...

 2020-08-06 17:39 

Korea Herald

Trainee doctors strike over plan to raise number of medical students...

South Korea's trainee doctors went on a one-day strike Friday, in protest against the government's plan to increase the number of medical students in the country. No major disruptions in medical services were reported, as affected hospi...

 2020-08-06 17:16 

Korea Herald

S. Korea to face mounting public debt next year: IMF...

South Korea's public debt is expected to surge until next year due to aggressive government spending to revive the sluggish local economy, according to the International Monetary Fund on Friday. The IMF said the country's general g...

 2020-08-06 17:07 

Korea Herald

Seoul stocks bask in week-long gain to hit nearly 2-year high on stimulus hope...

South Korean shares extended gains to a fifth session on Friday, as expectations for a US stimulus package underpinned investor sentiment. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose...

 2020-08-06 16:51 

Korea Herald

First five star hotel in Gangnam up for sale...

Sheraton Seoul Palace Gangnam Hotel, the first five-star hotel in Seoul's posh district of Gangnam, is up for sale again after a sales deal earlier this year fell through due to the new coronavirus pandemic, according to reports Friday. Seojoo...

 2020-08-06 16:49 

Korea Herald

Mirae Asset launches two ETFs for chips and AI in Hong Kong...

South Korean asset management company Mirae Asset Global Investments said Friday that two new exchange traded funds focused on semiconductors, robots and artificial intelligence businesses in China have been listed on the Hong Kong Exchange and Clear...

 2020-08-06 16:42 

Korea Herald

North Korea battles severe flood damage...

Days of torrential downpours have flooded hundreds of houses and vast rice fields in North Korea, with damage expected to grow further, dealing a blow to a regime already grappling with the COVID-19 pandemic and a flailing economy under international...

 2020-08-06 16:41 

Korea Herald

NK continues to develop missile capability beyond limits: Pentagon official...

North Korea continues to work aggressively to develop long-range nuclear missiles capable of threatening the US mainland through a "very deliberate testing program" for systems improvement, a senior Pentagon official said. Victorino Merc...

 2020-08-06 16:06 

Korea Herald

Asiana Airlines turns to surplus in earnings surprise...

Asiana Airlines posted an operating profit over 100 billion won ($84 million) in the second quarter, making a surplus for the sixth quarter, according to the firm's regulatory filings Friday. The nation's flag carrier said its operating...

 2020-08-06 15:44 

Korea Herald

LG Chem shares surge on rosy EV outlook, ranks fourth on Kospi...

Share prices of LG Chem, Korea's leading battery maker, jumped nearly 7 percent on Wednesday morning on expectations of rising demand for electric vehicles, ranking fourth in market capitalization in the nation's securities market. As o...

 2020-08-06 14:07 

Korea Herald

Grand Mint Festival to be held with limited number of audiences...

The 14th Grand Mint Festival will take place at Olympic Park, eastern Seoul, on Oct. 24 and 25 with a limited audience due to the spread of COVID-19. The festival organizers said they will sell less than half of the tickets sold in previous years....

 2020-08-06 12:47 

Korea Herald

S. Korea to lift restrictions on arrivals from China's Hubei from Monday...

South Korea will lift restrictions on arrivals from the Chinese province of Hubei, believed to be the epicenter of COVID-19 outbreaks, starting Monday as virus cases have eased there and China has relaxed entry restrictions for South Korean nationals...

 2020-08-06 12:09 

Korea Herald

Japanese company appeals S. Korean court's decision on asset seizure...

DAEGU -- A Japanese company has appealed a South Korean court's ruling to seize its assets in the country to compensate victims of wartime forced labor in a move expected to worsen tensions between the two countries. Nippon Steel Corp. has submitted...

 2020-08-06 12:00 

Korea Herald

[Monitor] SKT's 5G fastest: ministry...

The Ministry of Science and ICT of South Korea on Wednesday reported its assessment of 5G networks provided by the nation's three largest mobile carriers. According to the assessment conducted in Seoul and six other major cities in Korea, the...

 2020-08-06 11:17 

Korea Herald

New virus cases fall back to 20 as local cases return to single digit...

South Korea's new virus cases fell sharply on Friday as local infections grew again in a single-digit figure. But new cluster infections at restaurants and churches are still straining the country's anti-virus fight. The country added 20 cases, in...

 2020-08-06 10:48 

Korea Herald

Seoul unveils virus-blocking bus shelter...

A shelter booth designed to protect passengers from sunlight, dust and even from viruses while waiting for a bus to arrive was unveiled on the streets of Seoul. Starting Wednesday, the Seongdong-gu District Office runs smart bus shelters at it...

 2020-08-06 10:34 

Korea Herald

Seoul stocks open higher on Wall Street gains...

South Korean shares opened higher Friday on high expectations about the US stimulus package. The benchmark Korea Composite Stock Price Index (KOSPI) rose 9.5 points, or 0.41 percent, to 2,352.11 in the first 15 minutes of trading. The index got off...

 2020-08-06 10:28 

Korea Herald

Trainee doctors launch strike in protest over medical workforce reform...

Trainee doctors at hospitals on Friday launched a one-day strike in protest of the government's medical workforce reform plan, causing concerns about potential inconvenience for patients using general hospitals nationwide. The Korean Intern Resident...

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