Omicron variant feared to be spreading nationwide
The health authorities here are moving to a higher state of alert as it is suspected the highly transmissible Omicron variant of COVID-19 has been spreading across the country including Seoul since the first cases were reported here Dec. 1. Three foreign college students, studying at Seoul National University (SNU), Kyung Hee University and Hankuk University of Foreign Studies (HUFS), respectively, have tested positive for the variant, according to the Korea Disease Control and Prevention Agency (KDCA), Tuesday. These are the first cases of the Omicron variant confirmed in the capital, following multiple cases detected in Incheon, Gyeonggi Province, and Jincheon in North Chungcheong Province.
Korea faces tougher dilemma over Olympics, peace initiative
South Korea, long sandwiched between the United States and China amid their flaring tensions, finds itself newly cornered into a choice between the two powerhouses, with the fate of the outgoing Moon Jae-in administration's last-ditch peace initiative lying in their hands. South Korea has continued its difficult balancing act, trying to juggle economic ties with China and its much-needed security alliance with the U.S.
Fed's earlier end to tapering prompts call for Korea to increase dollar reserves
Korea should increase its foreign exchange reserves amid escalating fears over the rapid rise of the won-dollar exchange rate, with the U.S. Fed sending repeated signals to put an earlier end to tapering its asset purchase program, economists said Tuesday.
Samsung replaces CEOs of 3 key business units
Samsung Electronics replaced the CEOs of its semiconductor, home appliances and mobile phone divisions, Tuesday, and also merged the latter two units in what is believed to be a move to accelerate future growth under Lee Jae-yong, the head of the conglomerate.
Cast speak about growing up with 'Spider-Man'
Tom Holland, who plays the titular hero in “Spider-Man: No Way Home” described how his take on Peter Parker differs from earlier Spider-Man runs starring Tobey Maguire and Andrew Garfield.
Foreign professor flees while being investigated for embezzling research funds
A foreign professor at Seoul National University (SNU) fled to his home country while being investigated on suspicions of embezzling more than 100 million won ($84,638) in research funds. Investigators failed to impose an overseas travel ban on the academic while looking into the case.
Australia's conditional approval of COVID-19 treatment unlikely to help Celltrion rebound
Australia's Therapeutic Goods Administration (TGA) said Tuesday it has conditionally approved Celltrion's COVID-19 antibody treatment Regkirona for use in the country.
SK faces hurdles to building chip plant in US
SK Group Chairman Chey Tae-won grabbed headlines recently after commenting on the possibility of its chip affiliate building a manufacturing plant in the U.S. But SK hynix is highly unlikely to make the move mostly due to the huge estimated cost of building chip fabrication lines there as well as high labor cost in the world's largest economy.
WINNER's Mino returns as 'Digital Gunman'
“Digital Gunman,” a key phrase describing Mino of K-pop boy band WINNER, may make people scratch their heads at first: The exotic combination of two completely unrelated words sounds puzzling. At Tuesday's online press conference, just before the release of his third full-length album “TO INFINITY,” Mino explained exactly what it means.
Xdinary Heroes - JYP's first boy band in 6 years - debuts with 'Happy Death Day'
Everyone is the hero of their own story, and the new boy band Xdinary Heroes, which burst onto the K-pop scene with its debut single, “Happy Death Day” on Monday, is set to prove that.
[RAS Korea] RAS Korea digitizes art historian Jon Carter Covell's 2,000 photos
Before there was a “K” anything, Dr. Jon Carter Covell was Korea's biggest “K-fan.” Royal Asiatic Society (RAS) Korea has digitized her massive collection of more than 2,000 color slides, taken from the late 1970s to mid-1980s. So far, the project has been ongoing for almost one full year, thanks to Ms. Pak Ji-young volunteering to do the work by coming in one day a week. The project has required meticulous work since the slides were not adequately labeled nor well-organized. RAS Korea's volunteers will be consulting with several experts to finalize the categorization.
Bae Doo-na, Gong Yoo talk challenges of filming outer-space drama 'The Silent Sea'
Bae Doo-na and Gong Yoo, who play astronauts in Netflix's new series “The Silent Sea,” described it as one of the most exciting, yet challenging projects of their careers.
'Lineage W' shows best performance among NCSOFT games
It has been a month since NCSOFT launched its new game, “Lineage W,” which is available in 12 countries including Korea, Taiwan and Japan. “Lineage W” is receiving favorable reviews for maximizing the excitement offered by the massively multiplayer online role-playing game (MMORPG) genre.
[Korea Encounters] 'Traitorous' translators tread carefully in Korean literature
While the global success of Korean popular culture obviously owes a great deal to its creators, the popularity of the TV series “Squid Game,” Bong Joon-ho's Best Picture Oscar for “Parasite” and the winning of the Booker International Prize by Han Kang for her novel “The Vegetarian,” all owe a great deal to their translators.
EU to propose trade weapon to prevent China's economic bullying
The European Union is set to unveil a powerful new trade weapon that could result in China and other countries accused of economic bullying being shut out of lucrative parts of the EU market.
[Reporter's Notebook] Difficulties ahead for Dayou
Dayou Winia Group (Dayou), a mid-sized auto parts maker, signed a conditional contract with Namyang Dairy to acquire a controlling stake in the firm, but only if the dairy company wins its ongoing lawsuit with Hahn & Company - otherwise, the sales agreement will be nullified.
Financial authorities vow to enhance ESG disclosure system
Financial Services Commission (FSC) Chairman Koh Seung-beom stressed the need to improve the country's corporate disclosure system for environmental, social and corporate governance (ESG) issues to meet global standards, during a congratulatory speech, Tuesday, at a seminar hosted by the commission and the Korea Exchange (KRX).
Gov't CPTPP push to drag on until presidential election
The government is dragging its feet regarding discussions on joining a trade agreement among 11 countries in the trans-Pacific area.
Ruling party candidate distancing self from Moon to woo centrists
Ruling Democratic Party of Korea (DPK) presidential candidate Lee Jae-myung is striving to distance himself from the Moon Jae-in administration, stepping up his criticism of the government's economic and COVID-19 relief policies as well as scandals involving Moon's aides. The move is interpreted as a bid to attract centrist voters who are believed to hold the key to the upcoming presidential election in March.
Orchestras unveil star-studded 2022 concert line-up
Amid the pandemic entering its third year, Korea's orchestras have recruited foreign conductors as their music directors, roles which have long been held by Korean nationals. Chung Myung-whun, for instance, served at the Seoul Philharmonic Orchestra (SPO) for nine years since 2006 and Chung Chi-yong served at the Korean Symphony Orchestra for four years since 2018.
Global, homegrown streamers launch charm offensives in Korea
Kim Su-yeon, a 39-year old office worker based in Seoul, loves to binge watch Korean TV series on weekends or holidays on the small old TV in her room.
Korea secures stable urea supply from Indonesia for next 3 years
South Korea will be able to import around 120,000 tons of urea per year from Indonesia over the next three years, a move expected to help prevent a supply crunch of the key industry material here, Seoul's industry ministry said Tuesday.
Koreans' spending on Disney+ hits over 17 billion won in November: data
South Koreans are estimated to have spent more than 17 billion won ($14.5 million) in purchasing contents by Disney+ less than a month since its launch here, data showed Tuesday.
Korea logs current account surplus for 18th straight month in October
South Korea logged a current account surplus for the 18th straight month in October, though the surplus was smaller than the previous month due to increased imports amid high energy and raw material prices, the central bank said Tuesday.
Top 10 Stories
What is Samsung's Harman up to?
Ball in Kim Jong-un's court for 'end of war' declaration
Parents cry foul over 'forced' vaccination
Car owners suffering from parking shortage
North Korean teen sentenced to 14-year forced labor for watching 'The Man from Nowhere': report
[Korea Encounters] 'Traitorous' translators tread carefully in Korean literature
Court gives suspended sentence to Muslims who placed intimidating flyers on French Embassy
From 'Spider-Man: No Way Home' to 'Matrix 4,' big movies gearing up for cinema releases in December
Samsung renews M&A approach amid antitrust concerns
'No K-pop on a dead planet': Activists urge entertainment companies to combat climate change