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Thu, January 21, 2021 | 00:31

Moon replaces foreign minister ahead of Biden inauguration

President Moon Jae-in replaced Foreign Minister Kang Kyung-wha with former National Security Office (NSO) chief Chung Eui-yong, Wednesday, as part of a reshuffle of three ministerial posts. The replacement of the nation's top diplomat came less than a day before new U.S. President Joe Biden is sworn in. Replacing Kang, the longest-serving minister in Moon's Cabinet who has been there since the beginning of the administration in May 2017, Moon picked Chung who was his first NSO head. Cheong Wa Dae underlined Chung's extensive involvement with President Moon's “peace process” and the inter-Korean summits in 2018 and a “deep understanding and insight” into diplomatic and ...

LG Electronics hints at withdrawing from phone biz

LG Electronics CEO Kwon Bong-seok hinted Wednesday that the tech giant may pul...

Blinken indicates changing course in North Korea policy

U.S. State Secretary nominee Antony Blinken hinted Tuesday (local time) that t...

Goldman Sachs considered to be main victim of short-selling ban

Goldman Sachs appears to have suffered more from the temporary ban on short-selling on the Seoul bourse than two other top-tier global inv...

Biden set to be sworn in as new US president

Joe Biden was set to be sworn in as the new U.S. president Wednesday, ending the Donald Trump presidency and facing a series of daunting c...

Actress Park Si-yeon apologizes after getting nabbed for drunk driving

Actress Park Si-yeon has apologized after reports surfaced that she had caused a car accident while drunk driving, Sunday.

IMM hit for flip-flopping on Hanatour's restructuring

IMM Private Equity, a local buyout and growth equity firm, which is also the single largest shareholder in travel agency Hanatour, is facing much criticism over its efforts to qu...

Samsung Electro-Mechanics launches new MLCC for 5G phones

Samsung Electro-Mechanics announced Wednesday that it has developed a new multi-layer ceramic capacitor (MLCC) that is slimmer and capable of reducing high-frequency noise from 5...

Academic activist puts kimchi ad in NYT

Amid the recently reignited debate over China's attempt to appropriate traditional Korean kimchi, academic activist Seo Kyoung-duk announced that a newspaper advertisement promot...

'Learning foreign language is about changing yourself'

Many people learn foreign languages for different reasons - for studying, traveling abroad or for business opportunities, to list just a few. For Lee Ji-hyun, founder and CEO of ...

[INTERVIEW] Merck vows to be best partner for Korea tech firms

The COVID-19 pandemic has sent the global economy into a deep contraction, infecting tens of millions of people across the world and bringing economic activities to a near stands...

Netflix's 'Busted!' stars and producer share glimpse of finale

Netflix's first Korean variety show "Busted!" will end its successful run with the third and final season, which is set to be released Friday.“How Lee Seung-gi's role will play o...

'It's Okay to Not Be Okay' star Oh Jung-se returns with powerful social drama

Writer-director Lee Tae-gyeom said he wanted depict the plight of powerless workers and tackle the issue of labor abuse in his new film “I Don't Fire Myself.”

Religious leaders vow to seek inter-Korean religious exchanges, tackle discrimination

Religious leaders have pledged to promote inter-Korean religious exchanges this year while tackling discrimination against weaker members of society.

Three works inspired by traditional art forms to be performed on stage

Arts Council Korea (ARKO) announced Tuesday three new performances inspired by traditional art forms as part of its ARKO Selection, a program supporting promising new and revived...

Biden's cabinet picks say US should stand against China trade abuses

President-elect Joe Biden's picks to lead economic and foreign policy signaled on Tuesday that there would be no letup in Washington's efforts to combat China's trade abuses. The...

China's policies on Muslims amount to 'genocide': Pompeo

GM Korea, Renault Samsung future uncertain amid EV transition

With electric vehicles (EVs) taking center stage in the global automobile industry, GM Korea and Renault Samsung's future as car manufacturers here is clouded with uncertainty af...

Will KB manage to achieve profit in Myanmar?

KB Kookmin Bank started its business in Myanmar last week and all eyes are on whether the lender will be able to achieve a profit from the Southeast Asian branch in its first yea...

Speed skater sues ex-teammate over mental damage following Olympic controversy

A yearslong controversy in South Korean speed skating took another twist Wednesday, with the announcement that one athlete has sued her former teammate over emotional distress. L...

Brokerages, insurers face stricter monitoring over foreign exchange exposure

Korea plans to beef up monitoring of foreign exchange liquidity conditions at non-banking financial firms, including brokerages and insurers, to prevent potential market turmoil ...

Burned-out nurses calling for extra staff

After a year of battling COVID-19 in Korea, nurses and other medical workers are feeling the strain of the extra workload, calling on the central and local governments to increas...

USFK struggling with increasing COVID-19 cases

New virus cases hover around 400 for third day

SK Bioscience to license in Novavax' COVID-19 vaccine

President Moon Jae-in visited an SK Bioscience plant that will manufacture a COVID-19 vaccine developed by Novavax and discussed ways to expand the supply of Novavax's COVID-19 v...

Ebay to sell Korean online retail platforms

American multinational e-commerce corporation eBay is in the process of selling its Korean online retail platforms G-Market, Auction and G9. Their selling price is suggested at 5...

Coupang holds successful 'Global Shopping Day'

Online retail giant Coupang held a “Global Shopping Day,” Wednesday and Thursday, for customers stuck at home amid the prolonged COVID-19 pandemic, selling imported global brand ...

Delivery companies worry as workers threaten to strike

Taekbae Union, a labor group representing delivery drivers here, said it will launch a strike next Wednesday if parcel-delivery firms fail to improve working conditions.

Kyobo gains edge in battle with Deloitte

Kyobo Life Insurance has gained an edge in a months-long legal dispute with Deloitte Anjin, after prosecutors indicted three Deloitte accountants for allegedly colluding with the...

Trump pardons 73 people, including Steve Bannon, on last day

US President Donald Trump on Wednesday pardoned 73 people, including his former aide Steve Bannon and other allies, just hours before he was due to leave office.

Star lecturer arrested for fabricating internet comments on competitors

Park Kwang-il, a famous lecturer teaching Korean language to students preparing for the College Scholastic Ability Test (CSAT), has been arrested for allegedly manipulating onlin...

TREASURE sells 1 million albums in 5 months since debut

Rookie boy band TREASURE has sold 1 million albums in just five months since its debut last year, the group's agency said Wednesday. Of the total, the band's three singles sold 7...

Journey of Korean court painting from Ohio to Seoul

"Sea, Cranes and Peaches," a folding screen from the late Joseon era now in the collection of the Dayton Art Institute in Ohio, will be on public view at the National Palace Muse...

Ex-President Park tests negative for COVID-19 after being exposed to patient

Former President Park Geun-hye, now serving a 22-year prison term on corruption convictions, tested negative for COVID-19 on Wednesday after coming into contact with an infected ...

Korea Grand Sale: culture and shopping benefits expanded

The Ministry of Culture, Sports and Tourism, together with Visit Korea Committee (VKC), is hosting Korea Grand Sale 2021, a culture and tourism festival for travelers from around...

Video

What did she do wrong?: Korea outraged over fatal child abuse case

[CEO INTERVIEW] Will we have enough va...

Tesla under investigation in Korea ove...

Must-watch K-drama scenes for winter h...

Korea preparing for post COVID-19 worl...

Auto

Audi e-tron sales faces setback here over travel range certification

Renault launches mobile app for auto loans

Hanon Systems appoints new CEO

Kia removes 'Motors' from its corporate name

Korea to invest heavily in autonomous driving projects

Hyundai Motor will stop developing new diesel engines

Jack Ma is back: Chinese tycoon ends silence with online video

Kakao hit for mishandling customer data

Lee's jail sentence casts cloud on Samsung's business

Uncertainty heightens over Samsung as heir ordered back to prison for bribery

Twitter suspends Republican lawmaker's account over violations of 'integrity policy'

Trump administration slams Huawei, halting shipments from Intel and others: Reuters

Finance

K-shaped recovery widens inequality in Korea

M&A market heating up amid long-lasting virus shock

Low-priced blue-chip companies in green sectors expected to enjoy rally

Deloitte Anjin accountants indicted by prosecutors amid feud with Kyobo Life

Korea needs to join trans-Pacific partnership, draw foreign investment

Korea steps back from resumption of short-selling

Entertainment

Asia Model Festival Global signs contract with Del Morgan to set up US branch

Singer John Park in isolation facility after testing positive for COVID-19

Red Velvet's Irene to make silver screen debut in February

TV Chosun to sue fellow cable network MBN over similarly themed trot show

K-pop expands from entertainment to activism

'The Uncanny Counter' writer leaves show despite soaring ratings

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Editorial

Bid to restart talks

President Moon Jae-in tapped former national security adviser Chung Eui-yong a...

Introducing 40-year mortgages

The financial authorities have unveiled a plan to introduce mortgages with a m...

Columns

Housing crisis pitting us against each other

Growing up on housing subsidies for 20 years, I went through childhood conditioning...

North Korea's strange military moves

During the eighth congress of the ruling Workers' Party, North Korean leader Kim Jo...

Thoughts of the Times

The world needs more Casey Lartigues

When I was reading the news about North Korea three years ago, I stumbled across an...

No. of North Korean defectors plunges in 2020 amid border closure

Blinken indicates changing course in North Korea policy

US will review entire North Korea policy: Blinken

Outgoing US envoy says hope alone won't resolve North Korean issue

North Korea replaces economy-related Cabinet members

Moon calls on Biden to move forward from Singapore agreement with No...

Soldiers, civilians stage joint rallies in N. Korea in support of pa...

Confirmation hearing of environment minister nominee

Moon replaces foreign minister ahead of Biden inauguration

USFK struggling with increasing COVID-19 cases

Burned-out nurses calling for extra staff

Gyeonggi's own pandemic relief fund plan

Korea to remove tariffs on imported egg products amid supply shortage

LG Electronics hints at withdrawing from phone biz

Ebay to sell Korean online retail platforms

Samsung Electro-Mechanics launches new MLCC for 5G phones

Coupang holds successful 'Global Shopping Day'

Delivery companies worry as workers threaten to strike

Yoido Full Gospel Church's pastor stresses Martin Luther King's nonv...

Journey of Korean court painting from Ohio to Seoul

Korea Grand Sale: culture and shopping benefits expanded

Academic activist puts kimchi ad in NYT

Not-to-miss art exhibitions in 2021

Award-winning novel comes under fire for plagiarism

The nightmare born when technology took the place of science

K-critical realism

The power of giving

Toddler's death: Apologies and then what?

Traditional New Year gifts in Joseon

Exploring a Seoul winter in the 1880s

President Joe Biden

Bid to restart talks

Introducing 40-year mortgages

Housing crisis pitting us against each other

The world needs more Casey Lartigues

North Korea's strange military moves

London 2012 deputy chairman says Tokyo Olympics unlikely to go ahead

Speed skater sues ex-teammate over mental damage following Olympic c...

Women's football coach sees Olympic qualifiers as 'a chance to make ...

Football icon Park Ji-sung named adviser for K League champs Jeonbuk

Korean IOC member wins re-election as head of national Olympic body

Ulsan prepares for Club World Cup, hopefully

On Day One, Biden to undo Trump policies on climate, virus

Netanyahu courts Arab voters in election-year turnabout

China plans tougher antitrust rules for non-bank payments industry

Japan plans mass virus jabs before Olympics: reports

Trump pardons 73 people, including Steve Bannon, on last day

Biden set to be sworn in as new US president

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