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Corea del Sud

[Kim Seong-kon] The country that our children will inherit

The Korea Herald - 0 sec fa
What kind of country do we want to hand over to our children? We should ponder that question constantly and seriously because we have a solemn responsibility to bequeath a healthy, prosperous country to our descendants. If we end up bestowing a sick, unstable country to our children and thus make them live miserably, we should suffer regrets and immitigable guilt forever. We vote for politicians with the hope that they will run the country skillfully and ensure peace. Unfortunately, it seems the
Categorie: Corea del Sud

[Robert D. Kaplan] Russia, Iran, and the perils of post-autocracy

The Korea Herald - 0 sec fa
Sometimes a news cycle constitutes more than just noise. It provides a loud, uncanny signal about what may lie beyond the horizon. That happened this month, when a more hopeful, dangerous, and radically different geopolitics came into view. Within literally a few days of each other, we have witnessed the near-collapse of the Russian army in Ukraine and the humiliation of a regime in the streets of Iranian cities. Russian President Vladimir Putin’s soldiers revealed themselves to be littl
Categorie: Corea del Sud

[Editorial] Meaning of family

The Korea Herald - 0 sec fa
A fresh round of disputes is erupting over the legal definition of family in South Korea, as the Ministry of Gender Equality and Family has suddenly ditched its plan to allow for more diverse forms of families. The ministry recently decided to withdraw its support for revising the Framework Act on Healthy Families aimed at expanding the legal definition of the family to include cohabiting couples, Rep. Chung Kyung-hee from the ruling People Power Party said Friday. It is regrettable that the min
Categorie: Corea del Sud

National Gugak Center to unveils cantatas of 'Jongmyo Jeryeak,' 'Arirang'

The Korea Herald - Mar, 27/09/2022 - 11:04pm
The National Gugak Center, a state-supported organization that aims to foster Korean traditional music, is set to perform a set of cantatas featuring Korea’s "Jongmyo Jeryeak" and "Arirang." The concert, conducted by Lee Yong-tak, the artistic director of the Contemporary Gugak Orchestra, will present a harmonious sound created by 123 performers. The first part, which will run for 45 minutes, will premiere a new rearrangement of "Jongmyo Jeryeak" by Suwon Un
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[Land of Squid Game] Playing rock scissors paper before deciding anything

The Korea Herald - Mar, 27/09/2022 - 9:00pm
Koreans choose the order of something or the 'It' person when playing games with the 'rock-scissors-paper' game. This culture continues into adulthood and so when making minor decisions as a group, they will often play rock-scissors-paper. In schools or daily life, they may decide who has to present first or who should pay after having lunch together. By Min Byoung-chul Min Byoung-chul is an endowed chair professor at Chung-Ang University who is widely known as a mu
Categorie: Corea del Sud

Producer Don Spike arrested for drug use in Gangnam

The Korea Herald - Mar, 27/09/2022 - 7:28pm
South Korean music producer Don Spike was arrested on Monday for illegal drug use and is currently under investigation on charges of violating the Narcos Control Act, according to Nowon police. Don Spike was arrested at a hotel in Gangnam, southern Seoul, around 8 p.m. on Monday, where police seized 30 grams of methamphetamine. Don Spike tested positive for the drug. The amount of drugs that was found is equivalent to approximately 1,000 doses, considering the average dose of methamphetamine is
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Recession fears raise concerns on shaky Kospi

The Korea Herald - Mar, 27/09/2022 - 6:33pm
South Korea’s benchmark Kospi tumbled to a fresh intraday low Tuesday in 26 months, led by a sell-off by foreign investors pricing in a sharp US downturn prompted by tighter policy to corral inflation. The index pared the losses later the day, adding 2.92 points or 0.13 percent to 2,223.86. In the afternoon, the main board slid to an intraday low of 2,197.90, the lowest level since July 24, 2020, when it reached 2,195.49. Institutional investors purchased net 245 billion won ($171 million)
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Experts talk about utilizing tech for business opportunities

The Korea Herald - Mar, 27/09/2022 - 6:20pm
User experience writing, or UX writing, should be an integral part of corporate digital strategies, as it offers an easy solution to produce more effective digital spaces, experts said Tuesday at a roundtable discussion held at Herald Design Forum 2022 in Seoul. UX writing uses easy words and expressions "to architect a comfortable digital interface which ensures users to accomplish what they want,” said Shinhan Card executive Park Kwang-hoon. “UX writing is not a big innovation
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'Memory downcycle could last until 2025'

The Korea Herald - Mar, 27/09/2022 - 6:20pm
  SUWON, Gyeonggi Province -- The memory chip upcycle has already peaked this year, while the downcycle is projected to continue until 2025 in a worst-case scenario, an executive from the US-based market intelligence IDC said Tuesday. Kim Soo-kyoum, associate vice president of semiconductor at IDC, cited a sharp decline in consumer demand and the projected price drop over the course of three years with the introduction of new chip factories and the growing competition in NAND flash industry
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GS E&C partners with BASF to modularize carbon capture solution

The Korea Herald - Mar, 27/09/2022 - 6:19pm
GS Engineering and Construction has partnered up with German chemical giant BASF to jointly modularize a carbon capture solution, which would work as the framework for their future projects, the South Korean firm said Tuesday. The latest deal would focus on co-developing and translating BASF’s OASE blue technology -- an optimized large-scale post-combustion capture technology -- into a modular carbon capture solution, according to GS E&C. OASE blue enables its user to selectively capture
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Netflix hopes for turnaround with Korean original ‘20th Century Girl’

The Korea Herald - Mar, 27/09/2022 - 6:14pm
At the beginning of this year, global streaming giant Netflix, which had not produced films here since its arrival in 2016, announced a plan to release five original Korean-language movies. The list included the romance film "Moral Sense," action film "Carter," action blockbuster "Seoul Vibe," sci-fi film "Jung_E" and romance film "20th Century Girl." So far, the streaming platform has released three films that were on the list and an additio
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[Today’s K-pop] Mamamoo to make full-group return next month

The Korea Herald - Mar, 27/09/2022 - 5:59pm
    Mamamoo will make a comeback with its 12th EP on Oct. 11, according to agency RBW Entertainment on Tuesday. The company uploaded a poster for the EP “Mic On,” signaling the group’s first full-group return in about a month. It released the best-of album “I Say Mamamoo: The Best” in September last year to mark its seventh anniversary. Last month Solar and Moonbyul dropped the single “Better” as the quartet’s first subunit Mamamoo P
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[Herald Design Forum 2022] From mobility to personal space, vehicle function continues to evolve

The Korea Herald - Mar, 27/09/2022 - 5:51pm
The key function of a car will continue to evolve from being a means of transportation to a personalized living space, said Yoon Il-hun, vice president of HMC Genesis Design Group at the Herald Design Forum 2022 held on Tuesday in Seoul. “As a car becomes a space for living, the purpose of a car will evolve infinitely without boundaries," said Yoon. "This is where we are seeing growing needs from our consumers, and we are focusing on such a key design pillar — the beauty
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Saemaul Geumgo mulls new branches in Fiji

The Korea Herald - Mar, 27/09/2022 - 5:35pm
The Korean Federation of Community Credit Cooperatives is expanding international cooperation to help alleviate poverty in developing countries by sharing Koreans’ experience of doing so through savings. Under the guidance of the Ministry of the Interior and Safety, community credit cooperatives, known as Saemaul Geumgo, were set up in Myanmar in 2017, Uganda in 2018 and Laos in 2020. Currently, 53 branches in those countries have some 13,000 members. Recently, separate federations of co
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Why is murder suspect’s ID picture altered?

The Korea Herald - Mar, 27/09/2022 - 5:32pm
Sporting a dark formal suit and a hint of smile, the man in the photograph gives off an impression of a kind person with a decent office job. But the 31-year-old named Jeon Joo-hwan is the prime suspect in the murder of a female subway attendant at Seoul’s Sindang Station earlier this month. The picture, which appears to have been digitally altered, was released along with his name and age, following a decision by a joint police and civil panel on the public disclosure of the identity of
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SC Bank Korea offers 2.4% for new money market accounts

The Korea Herald - Mar, 27/09/2022 - 5:31pm
Standard Chartered Bank Korea said it will offer special interest rates of up to 2.4 percent for as long as 60 days to first-time SC customers who deposit 100 million won or more, up to 2 billion won, in money market deposit accounts. Money market deposit accounts pay interest based on the daily account balance. The bigger the deposit, the higher the interest. The promotional rate is offered to first-time customers of SC Bank Korea who open their accounts by Thursday. The promotion will end wh
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Bertis enters Singapore with breast cancer diagnosis product

The Korea Herald - Mar, 27/09/2022 - 4:34pm
South Korean biotechnology company Bertis has signed a contract with the Raffles Medical Group to supply its early stage breast cancer detection product Mastocheck, the world’s first proteomics-based blood diagnosis solution. According to Bertis, the two sides on Monday signed a deal to supply Mastocheck to about 30 medical institutions operated by the Raffles Medical Group in Singapore. Bertis said they will work to make Mastocheck available at the RMG’s overseas branches in China,
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Celltrion’s anticancer biosimilar Vegzelma authorized for sales in Japan

The Korea Herald - Mar, 27/09/2022 - 4:34pm
Celltrion’s Vegzelma, a bevacizumab anticancer biosimilar referencing Avastin, has been approved for sales in Japan, the South Korean biopharmaceutical company said Tuesday. According to Celltrion, the Japanese Ministry of Health, Labor and Welfare on Monday granted Vegzelma marketing approval for the treatment of multiple types of cancer including colorectal cancer, non-small cell lung cancer, ovarian cancer and cervical cancer. The latest sales authorization of Vegzelma came after the co
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Posco goes all-out to stabilize stainless steel supply

The Korea Herald - Mar, 27/09/2022 - 4:20pm
Posco said Tuesday it is making an all-out effort to stabilize the supply chains for stainless steel products after production at its steel mills in Pohang, North Gyeongsang Province, was hit by a recent flood. In particular, the company plans to covert export-oriented products into those for the domestic market in an effort to prevent a glitch in local supply chains. Stainless steel products were among those hit hard by a recent typhoon, but the company predicted a limited impact, saying they
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Seoul shares snap 4-day decline amid recession woes

The Korea Herald - Mar, 27/09/2022 - 4:13pm
Seoul stocks snapped their four-day losing streak Tuesday amid still persistent woes over aggressive monetary tightening moves in major economies that could lead to a recession. The Korean won sharply rose against the US dollar. After choppy trading, the benchmark Korea Composite Stock Price Index rose 2.92 points, or 0.13 percent, to close at 2,223.86. Trading volume was moderate at about 478 million shares worth some 7.8 trillion won ($5.5 billion), with losers outnumbering gainers 481 to 381.
Categorie: Corea del Sud