Is South Korea’s economic miracle over?: Decades of growth are tapering off as the country struggles to reform its model and reduce its dependence on ...
ft.com/content/b34e8bc8-9f78-45c8-a15b-3df9cdfd858f
Quick Glance: The Future of South Korea's Economy: An Analysis
- South Korea's economy is facing challenges as the country strives to adapt its traditional growth model and reduce its reliance on manufacturing.
- A massive investment in chip factories in Yongin aims to strengthen the position of South Korea's semiconductor industry, while economists express concerns about future growth.
- With an aging population and declining productivity, South Korea is at risk of economic challenges as the government clings to proven growth drivers.
- South Korean companies must assert themselves in a changing global economic landscape and increase their innovation capacity to secure future growth.
South Korean court hears children's climate change case against government
reut.rs/44dxeBz
Quick Glance: South Korean Court Deliberates Children's Climate Change Lawsuit Against Government
- Environmental activist Choi Jia, alongside her younger sibling Choi Heewoo, participates in a press briefing preceding the initial hearing concerning petitions asserting that the government infringed upon their human rights due to an inadequate approach to climate change.
- A public hearing regarding a lawsuit brought by twenty-four young environmental activists against the government commenced in one of South Korea's top judicial bodies on Tuesday. The plaintiffs argue that the government's negligence in addressing climate change left them unprotected.
- Maintaining that South Korea's current climate strategies fall short in containing the temperature rise to 1.5 degrees Celsius, the plaintiffs claim this breaches the state's duty to safeguard fundamental rights. Scientists caution about the dire consequences of surpassing a 1.5C temperature increase.
- During the legal proceedings, the government asserted its commitment to minimizing carbon emissions and upholding its citizens' basic rights. Nevertheless, activists expressed dissatisfaction with the government's response and urged for more concrete actions against climate change.
North Korea hacking teams hack South Korea defence contractors - police: Major North Korean hacking groups have mounted "all-out" cyber attacks against South ...
reut.rs/3U91GIM
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
Why did Yoon's party lose in South Korea's elections and what troubles does he face now?
apnews.com/article/south-korea-election-president-yoon-76d0d61593c9ab85504bcf4b66c2c168
Quick Glance: South Korea’s ‘Luke Skywalker’ Triumphs Against President Yoon
- Former minister Cho Kuk aids in leftwing alliance's electoral victory
- Former justice minister Cho Kuk, convicted on corruption charges, played a pivotal role in the defeat of conservative President Yoon Suk Yeol in parliamentary elections.
- Cho calls for Yoon and PPP leader Han Dong-hoon, both former prosecutors, to be held accountable for abuse of power.
- The leftwing alliance narrowly missed the 200-seat mark that would have allowed them to bypass a presidential veto. Yoon now faces over three years as a lame duck, while the country heads towards more than three years of stagnation.
Electronics Giant LG Debuts Dollar Bond to Finance ESG Projects: LG Electronics Inc. is selling bonds denominated in US dollars to partly help the South Korean ...
bloomberg.com/news/articles/2024-04-18/electronics-giant-lg-debuts-dollar-bond-to-finance-esg-projects
South Korean nuclear fusion reactor sets new record, and other technology news you need to know
weforum.org/agenda/2024/04/nuclear-fusion-record-technology-news-april-2024/
[INTERVIEW] 'Coffee reflects human nature' : Korea is one of the biggest consumers of coffee in the world, with average coffee consumption reaching 405 ...
koreatimes.co.kr/www/culture/2024/04/141_372915.html
Quick Glance: Coffee Origins Revealed: Genome Study Uncovers Ethiopian Roots
- Researchers unlocked the genome of Arabica coffee species, tracing its origins to a natural mating over 600,000 years ago in Ethiopia.
- The study revealed Arabica's low genetic diversity and susceptibility to pests and diseases, limiting its cultivation locations.
- The findings could lead to new breeding approaches in coffee to develop varieties with enhanced resistance to diseases and climate changes.
- Arabica formed as a natural hybridization between parent species Coffea canephora and Coffea eugenioides, mainly used for global coffee production.
Following a crushing election defeat for President Yoon Suk Yeol's ruling party, South Korea's government announced a compromise in its medical reform plans in ... Show more reut.rs/3W5zPvm
South Korea's Prime Minister Han Duck-soo said the government will adjust its healthcare reform plans to let medical schools determine their own admissions ...
reut.rs/3vX23Ou
Quick Glance: South Korea adjusts medical school quotas to resolve walkout
- Government to let medical schools determine admissions to end junior doctor strike.
- Acceptance of proposal to reduce increase in medical school admissions by up to 50%.
- Dispute over adding 2000 more physicians by 2035, with 32 medical schools allowed to lower quotas for 2022.
- President Yoon advocates for more doctors, while protesting physicians demand better working conditions and criticize government's approach.
Seoul studies $99K cash incentive for each child born: If implemented, it would be South Korea's most generous baby incentive ever.
straitstimes.com/asia/east-asia/seoul-studies-99k-cash-incentive-for-each-child-born
South Korea Issues Rare Warning After Won Hits 1400 Per Dollar: South Korean authorities issued a rare warning to participants in the foreign exchange market ...
bloomberg.com/news/articles/2024-04-16/south-korea-issues-rare-warning-after-won-hits-1400-per-dollar-lv24xmqh
Korean Lithium Refiner Ecopro Cuts Output on Weakening EV Demand: South Korean metals refiner Ecopro Innovation Co. has cut production of lithium hydroxide used ...
bloomberg.com/news/articles/2024-04-22/korean-lithium-refiner-ecopro-cuts-output-on-weakening-ev-demand
Will 6-day work week for executives help Samsung avert crisis? Other companies may follow suit
straitstimes.com/asia/east-asia/will-6-day-workweek-for-executives-help-samsung-avert-crisis
South Korean firm looks at offshore wind investment: Shipbuilding giant HD Hyundai Heavy Industries is exploring investment opportunities in Scotland.
bbc.in/3U3iHDT
How general elections will affect South Korea's foreign policy : The opposition bloc's landslide victory in the April 10 general elections is cornering ...
koreatimes.co.kr/www/nation/2024/04/120_373047.html
Quick Glance: South Korean President's Challenging Future Ahead
- South Korea's parliamentary election on April 10, 2024, served as a referendum on President Yoon Suk Yeol's initial two years in office.
- The opposition Democratic Party maintained its majority in the National Assembly with 175 seats, while the ruling PPP faced a setback.
- The election results will impact Yoon's domestic and foreign agendas due to facing a divided government and increased scrutiny from opposition parties.
- Opposition parties will likely demand diplomatic achievements from the Yoon government in the next three years, scrutinizing the effectiveness of his foreign policy.
Japan and South Korea agree to deepen trilateral ties with U.S: TOKYO (Kyodo) Japanese Prime Minister Fumio Kishida said Wednesday he and South Korean President ...
asia.nikkei.com/Politics/International-relations/Japan-and-South-Korea-agree-to-deepen-trilateral-ties-with-U.S
Bank of Korea chief watching Middle East tensions for FX, growth outlook reviews: South Korea's central bank chief on Friday said odds for any further policy ...
reuters.com/markets/currencies/bank-korea-chief-watching-middle-east-tensions-fx-growth-outlook-reviews-2024-04-19/
South Korean singer Park Bo-ram dies at age 30: She was drinking at an acquaintance’s home on April 11 when she was found unconscious in the bathroom.
straitstimes.com/life/entertainment/south-korean-singer-park-bo-ram-dies-at-age-30
South Korea: Opposition party set for big win in election, spelling trouble for President Yoon
lemonde.fr/en/international/article/2024/04/10/south-korea-opposition-party-set-for-big-win-in-election-spelling-trouble-for-president-yoon_6668042_4.html
Earth Day 2024: South Korean environmentalists organise fashion show featuring plastic wastes
wionews.com/videos/earth-day-2024-south-korean-environmentalists-organise-fashion-show-featuring-plastic-wastes-713875
Details of meeting between Yoon, opposition leader undecided: Presidential Office
koreatimes.co.kr/www/nation/2024/04/356_373097.html
Singer Rain to hold first Korea solo show in 9 years : Singer and actor Rain, also known as Jung Ji-hoon, is set to reconnect with his longtime fans by holding a ...
koreatimes.co.kr/www/art/2024/04/732_372918.html
'IU's smile made me feel super calm': Singapore students dance with K-pop star in concert
asiaone.com/entertainment/ius-smile-made-me-feel-super-calm-singapore-students-dance-k-pop-star-concert
Kim Min-jae, Lee Kang-in close to special final : A South Korean player has yet to really enjoy a final of the UEFA Champions League, the biggest club game in ...
koreatimes.co.kr/www/sports/2024/04/600_373122.html
Park Choong-kwon: North Korean defector elected in South Korea: A millennial North Korean who used to develop the regime's nuclear missiles is now a South Korean ...
bbc.com/news/articles/c51n8w77z9wo
LIVE: South Korean officials begin counting ballots after polls close: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1vOxwjNpkqdJB
Deaths From Doctor Shortage Fuel Election Angst in Korea: In March 2023, a 17-year-old girl who fell from a building in the South Korean city of Daegu died after ...
bloomberg.com/news/articles/2024-04-07/deaths-from-doctor-shortage-fuel-election-angst-in-south-korea
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Small business owners suffer from part-timers' unanticipated absences: Park Jin-yeon, a 34-year-old restaurat owner who runs a pork barbecue grill house in ...
koreatimes.co.kr/www/tech/2024/04/419_372378.html
Quick Glance: Small Business Owners Struggle with Part-Timers' Unexpected Absences
- Park Jin-yeon, a 34-year-old restaurant owner, juggles various tasks, including serving dishes and grilling meat for guests during business hours.
- A study revealed that three out of every four small business owners in the country are faced with no-shows by employees who were either already hired or in the hiring process.
- A significant number of entrepreneurs express concerns about potential no-shows by part-timers and are seeking job seekers who can make themselves available either instantly or on short notice.
- Many small business owners have difficulty finding timely replacements for unexpected absences, whether due to resignations without prior notice or new employees not showing up.
First meeting between president, opposition leader to address economic hardships: President Yoon Suk Yeol and Democratic Party of Korea (DPK) Chairman Lee ...
koreatimes.co.kr/www/nation/2024/04/356_373135.html
South Korea and U.S. hold largest combined air force drills : KUNSAN AIR BASE, South Korea -- U.S. and South Korean F-35 fighter jets emit an ear-splitting ...
asia.nikkei.com/Politics/Defense/South-Korea-and-U.S.-hold-largest-combined-air-force-drills
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
en.yna.co.kr/view/AEN20240418007600315
China now a rival rather than boon for South Korean exporters, warns minister : Seoul says tech and manufacturing sectors must adapt to rising competition
ft.com/content/49a7a751-febe-4db1-9d24-a5b99eb694dc
Quick Glance: South Korean Exporters Warn of China as Rival
- South Korea's economy needs to urgently adapt to the increasing competition from China, as the country's biggest exporters battle for market share in sectors like chips, shipbuilding, and display panels, warns the finance minister.
- The growth of South Korea's economy slowed from 2.6 percent in 2022 to 1.4 percent last year, hindered by high interest rates, China's economic slowdown, and a decline in global demand for memory chips, the country's top export.
- The country's lowest fertility rate in the world and high household debt levels as a proportion of GDP are also causing concerns for officials.
- The government recently indicated it would reverse a cut in the R&D budget for 2024 to reform the country's research and development efforts and enhance economic competitiveness.
Yoon appoints ex-deputy Assembly speaker as chief of staff: President Yoon Suk Yeol appointed former National Assembly Deputy Speaker Chung Jin-suk of the ruling ...
koreatimes.co.kr/www/nation/2024/04/356_373208.html
South Koreans vote for new parliament after campaign focused on economy, graft: South Koreans voted to elect a new parliament on Wednesday in a bitterly fought ...
reut.rs/3VQkXB2
South Korea to invest $7 bln in AI in bid to retain edge in chips: South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9 ...
reuters.com/technology/south-korea-invest-7-bln-ai-bid-retain-edge-chips-2024-04-09/
Quick Glance: South Korea's $7 Billion Investment in AI for Chip Dominance
- South Korean President Yoon Suk Yeol announced a 9.4 trillion won ($6.94 billion) investment in artificial intelligence by 2027 to maintain leadership in semiconductor chips.
- The plan includes expanding research on AI chips like neural processing units (NPUs) and high-bandwidth memory chips.
- South Korea aims to be a top three country in AI technology by 2030, capturing 10% or more of the global semiconductor market.
- President Yoon emphasized the country's ambition to create a new semiconductor legend with AI chips in the next 30 years and called for readiness in the face of uncertainties.
After Blackpink, a new crop of Korean artists take on Coachella: Following Blackpink’s headline performance in Indio, Le Sserafim, Ateez and the Rose lead the ...
latimes.com/entertainment-arts/music/story/2024-04-14/coachella-2024-new-era-of-k-pop-blackpink-le-sserafim-ateez-the-rose
Biden vows 'ironclad' defense of Philippines, Japan as China tension mounts - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/12/biden-vows-ironclad-defense-of-philippines-japan-as-china-tension-mounts.html
Quick Glance: Biden criticizes Netanyahu's Gaza war approach
- President Joe Biden criticizes Netanyahu for inadequate humanitarian aid in Gaza.
- The U.S. increases pressure on Israel to achieve a ceasefire, straining the long-standing alliance.
- Disagreements over humanitarian aid and offensive plans in Rafah deepen the divide between the two countries.
- Israel slowly ramps up aid, but logistical issues and security concerns complicate deliveries.
South Korean retailer CJ Olive Young offers real-time translators for foreign visitors
straitstimes.com/asia/east-asia/south-korea-s-cj-olive-young-offers-real-time-translators-for-foreign-visitors
Yoon vows to heed people's voices after election loss: No signs of a breakthrough in the prolonged confrontation between the Yoon Suk Yeol administration and ...
koreatimes.co.kr/www/nation/2024/04/356_372828.html
South Koreans vote for new parliament after economy, corruption dominate campaign
reuters.com/world/asia-pacific/south-koreans-vote-new-parliament-after-economy-corruption-dominate-campaign-2024-04-09/
Election outcome to weaken Yoon’s grip on state affairs: The exit poll results of Wednesday's general elections, indicating a landslide victory for the main ...
koreatimes.co.kr/www/nation/2024/04/356_372453.html
US envoy to UN to visit Korean border, North Korean defectors: The U.S. ambassador to the United Nations will travel to the heavily armed Korean border and meet ...
reuters.com/world/asia-pacific/us-envoy-un-visit-korean-border-north-korean-defectors-2024-04-09/
South Korean chicken joint Mom's Touch to make Japan debut in Shibuya: TOKYO -- Popular South Korean fast casual restaurant chain Mom's Touch will open its ...
asia.nikkei.com/Business/Food-Beverage/South-Korean-chicken-joint-Mom-s-Touch-to-make-Japan-debut-in-Shibuya
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Beijing slams US-Japan-Philippines summit, says South China Sea actions 'lawful' - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/13/beijing-slams-us-japan-philippines-summit-says-south-china-sea-actions-lawful.html
Quick Glance: Biden emphasizes US support for Philippines and Japan
- President Joe Biden reinforced the unwavering U.S. defense commitment to Pacific allies.
- The Philippines and China have faced repeated confrontations in the disputed South China Sea.
- The White House highlighted the significance of the first-ever trilateral summit with Japan and the Philippines as a response to China's attempts at "intimidation".
- The United States, the United Kingdom, and Japan announced joint military exercises in the Indo-Pacific for 2025.
A North Korean serves coffee to South Korean reporters at north side of the truce village of Panmunjom, May 10, 2007.Coffee has long been derided as a symbol ... Show more
How the Sewol Sinking Changed South Korea: 10 years on, bereaved families and their supporters continue to push for justice and accountability in all manner of ...
thediplomat.com/2024/04/how-the-sewol-sinking-changed-south-korea/
Biden vows 'ironclad' defense of Philippines, Japan as China tension mounts - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/12/biden-vows-ironclad-defense-of-philippines-japan-as-china-tension-mounts.html
The 20-year-old striker Seok-ju Hong is moving from the 3rd division of Viktoria Köln to the U23 of the S04 for the new season.#S04 [@knappenschmiede ]
Korea beats UAE to open Olympic men's football qualifiers in Qatar: Korea defeated the United Arab Emirates (UAE) 1-0 to begin their Olympic men's football ...
koreatimes.co.kr/www/sports/2024/04/600_372855.html
Yoon's jailed mother-in-law expected to undergo parole review next week : President Yoon Suk Yeol's mother-in-law, who has been serving a one-year prison ...
koreatimes.co.kr/www/nation/2024/04/251_372946.html
HD Hyundai signs $463 million deal to build 4 warships in Peru: HD Hyundai Heavy Industries (HHI) signed a 640.6 billion won ($463 million) contract on Tuesday ...
koreatimes.co.kr/www/tech/2024/04/419_372877.html
Son Heung-min's father publishes book about being avid reader, lessons of life
koreatimes.co.kr/www/culture/2024/04/135_372960.html
Baseball league removes umpires from assignments for attempting to cover up missed call
koreatimes.co.kr/www/sports/2024/04/600_372744.html
Human rights group urges gov't to submit written questions to UN to protect North Korean defectors
koreatimes.co.kr/www/nation/2024/04/103_373014.html
Korea's Son Heung-min earns 9th assist of season in Premier League win : Tottenham Hotspur's captain Son Heung-min has picked up his ninth assist of the ...
koreatimes.co.kr/www/sports/2024/04/600_372266.html
Lee Jae-myung, Indicted Opposition Leader, Is Korea’s Political Winner: The victory of South Korea’s main opposition party in parliamentary elections has made ...
bloomberg.com/news/articles/2024-04-12/indicted-opposition-leader-is-south-korea-s-political-winner
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SEVENTEEN unveils full tracklist for album 17 IS RIGHT HERE : South Korean boy band sensation SEVENTEEN has unveiled the complete tracklist for their highly ...
wionews.com/entertainment/seventeen-unveils-full-tracklist-for-album-17-is-right-here-713379
Enhypen's Music Video Featuring Krzyżtopór Castle Hits Millions of Views: South Korean K-pop Enhypen has once again captured the hearts of millions with their ...
polanddaily24.com/enhypens-music-video-featuring-krzyztopor-castle-hits-millions-of-views/lifestyle/39979
Yoon likely to soon name new chief of staff after election defeat: President Yoon Suk Yeol is expected to name a new presidential chief of staff ...
koreatimes.co.kr/www/nation/2024/04/356_372600.html
U.S. and S. Korea to meet on American troop costs this week | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15242292
Who will be Yoon's pick for next prime minister?: All attention is on President Yoon Suk Yeol's pick to replace Prime Minister Han Duck-soo ...
koreatimes.co.kr/www/nation/2024/04/356_372568.html
Big-name politicians face different fates after general elections: Former diplomats and foreign policy experts with experience in the foreign ...
koreatimes.co.kr/www/nation/2024/04/356_372515.html
Author delivers a South Korean education to the West: Cultural exports such as K-pop, kimchi and the Oscar-winning movie "Parasite" (2019) have wedged ...
asia.nikkei.com/Life-Arts/Books/Author-delivers-a-South-Korean-education-to-the-West
South Korean man jailed for throwing fake money from apartment’s window: The defendant is deeply remorseful of his crimes.
straitstimes.com/asia/east-asia/south-korean-man-jailed-for-throwing-fake-money-from-apartment-s-window
South Korean President Yoon Suk Yeol Pledges to Listen as Accepts Election Loss: South Korean President Yoon Suk Yeol pledged to listen to people’s voices more ...
bloomberg.com/news/articles/2024-04-16/south-korean-president-yoon-humbly-accepts-election-loss
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U.S., Japan, South Korea finance chiefs share concern for weak yen, won: WASHINGTON -- Top finance officials from the U.S., Japan and South Korea expressed ...
asia.nikkei.com/Business/Markets/Currencies/U.S.-Japan-South-Korea-finance-chiefs-share-concern-for-weak-yen-won
Latest Biden chip deal highlights U.S. semiconductor successes: Samsung is the latest beneficiary of Washington’s efforts to shore up precarious supply chains ...
japantimes.co.jp/business/2024/04/19/tech/us-chips-act-analysis/
Seoul Spring Festival to explore family ties through chamber music : The Seoul Spring Festival of Chamber Music (SSF), now in its 19th year ...
koreatimes.co.kr/www/art/2024/04/682_372746.html
Hwang Sok-yong's 'Mater 2-10' shortlisted for 2024 International Booker Prize
koreatimes.co.kr/www/culture/2024/04/142_372401.html
‘We want Fu Bao back,’ Seoulites petition for loan of beloved panda: About 6,000 South Korean fans flocked to Incheon Airport on April 3 to say their goodbyes to ...
straitstimes.com/asia/east-asia/we-want-fu-bao-back-seoulites-petition-for-loan-of-beloved-panda
Mongolia to Strengthen Tourism and Creative Industry Ties With South Korea: As showcased in the Mongolian prime minister's recent visit, Mongolia sees South ...
thediplomat.com/2024/04/mongolia-to-strengthen-tourism-and-creative-industry-ties-with-south-korea/
Lee Jong-suk considers Disney+’s One Second, Ji Chang-wook may join Ma Dong-seok in Twelve - Korean drama casting latest
scmp.com/lifestyle/k-pop/k-drama/article/3259583/lee-jong-suk-considers-disneys-one-second-ji-chang-wook-may-join-ma-dong-seok-twelve-korean-drama
South Korea's scandal-plagued opposition leader is election's big winner: SEOUL: The big winner in South Korea's parliamentary election is the country's most ...
channelnewsasia.com/asia/south-korea-elections-lee-jae-myung-parliament-4257311
WATCH: K-idol Cha Eun-woo was in Singapore for his first solo fan concert on Apr 13. CNA Lifestyle sat down with him before the show over the weekend ... Show more cnalifestyle.channelnewsasia.com/entertainment/cha-eun-woo-singapore-fan-meet-388406
Additional tickets for K-pop star IU's Singapore concerts to go on sale on Apr 18
cnalifestyle.channelnewsasia.com/entertainment/iu-singapore-concert-additional-tickets-388676
Yoon under fire for ambiguous communication, mixed messages : President Yoon Suk Yeol is facing increased pressure from his party members to hold discussions ...
koreatimes.co.kr/www/nation/2024/04/356_372908.html
Before Trump, here’s how some other countries prosecuted their ex-leaders: With the U.S. on the brink of prosecuting an ex-president for the first time via ...
washingtonpost.com/national-security/2024/04/11/presidents-foreign-leaders-charged-history/
K-dramas 'Queen of Tears' and 'Parasyte: The Grey' top Netflix Global 10: There's no overlooking the captivating phenomenon that is tvN's "Queen of Tears" ...
thedailystar.net/entertainment/tv-film/news/k-dramas-queen-tears-and-parasyte-the-grey-top-netflix-global-10-3589726
Ex-PPP leader declines luncheon meeting proposed by Yoon, citing health reasons : President Yoon Suk Yeol has proposed a luncheon meeting with former ruling ...
koreatimes.co.kr/www/nation/2024/04/356_373149.html
K-pop's latest sensation Ateez harbors Super Bowl dreams: This article was originally published in Japanese in Nikkei Entertainment!, a monthly magazine and part ...
asia.nikkei.com/Business/Media-Entertainment/K-pop-s-latest-sensation-Ateez-harbors-Super-Bowl-dreams
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