The Korea Times

Families of Itaewon crowd stampede victims clash with police over installation of memorial altar

	Will KT, POSCO replace CEOs as Shinhan, Woori did?

	Korean American Rep. Young Kim named chair of House Indo-Pacific subcommittee

	Opposition party takes to streets to protest prosecution probes into leader

	TXT, Le Sserafim top Oricon album and singles chart

US reaffirms nuclear security assurances to South Korea

INTERVIEW'Extended deterrence is best option to ensure peace on Korean Peninsula'

	Discussions on raising age for free subway rides gain momentum

	Too many emergency text alerts? Gov't to halt daily COVID-19 notifications

Wang Yi urges US to 'avoid misjudgment' over balloon controversy

Blinken scraps rare China trip over alleged spy balloon

	Teens feel peer pressure to buy luxury goods endorsed by K-pop stars

	Musk didn't defraud investors with 2018 Tesla tweets

	Korea as sublime, strange, and familiar

	Kim Da-mi, Jeon So-nee team up for coming-of-age film 'Soulmate'

Russia's Medvedev says more US weapons supplies mean 'all of Ukraine will burn'

Former Russian President Dmitry Medvedev has said the supply of more advanced U.S. weaponry to Ukraine will only trigger more retaliatory strikes from Russia, up to the extent of Moscow's nuclear do...

INTERVIEWDisney+ 'Big Bet' director on portraying greed and desire

Disney+'s Korean original series “Big Bet” invites viewers into the clandestine world of casinos. According to the series' writer and director Kang Yoon-sung, the story is about money, hunger, greed...

S. Korea, US hold joint air drills involving F-22, F-35 stealth fighters

South Korea and the United States on Friday staged combined air drills, involving U.S. F-22 and F-35B stealth fighters, in a show of America's "invariable will and capability" to keep its security c...

110,000 more users compromised by LG Uplus' data breach

LG Uplus Corp. said Friday last month's data breach affected a total of 290,000 users, about 110,000 more than initially suspected.

Itaewon tragedy's bereaved families harassed by far-right protesters

Sunday will mark the 100-day anniversary of the Itaewon tragedy of last Halloween. The bereaved families remain agonized, not only from the lack of proper investigation but also by far-right protest...

First lady expands presence in domestic politics

Kim Keon Hee is building her role as first lady by organizing and attending a variety of meetings, in what appears to be a bid to help her husband, President Yoon Suk Yeol. According to officials fr...

Ex-justice minister gets 2-year prison term for academic irregularities surrounding family

Former Justice Minister Cho Kuk was sentenced to two years in prison on Friday for using his influence to receive academic favors, including university admissions, for his children.

K bank decides to delay IPO plan

K bank has officially decided to halt its IPO procedure, due mainly to unfavorable market conditions that attributed to a decline in the internet-only bank's corporate value. The bank made the decis...

Naver to roll out conversational AI service

Naver will release a conversational artificial intelligence (AI) service similar to ChatGPT within the first half of this year as part of the internet company's efforts to diversify its business por...

William Franklin Sands' diplomatic and undiplomatic views of late Joseon

In 1896, at the tender age of 22, William Franklin Sands was appointed second secretary at the American Legation in Tokyo. The baby-faced Sands was a privileged youth; his father was an admiral who ...

Ex-financial bureaucrat nominated as Woori Financial chairman

Woori Financial Group said Friday that Yim Jong-ryong, a high-profile, retired financial bureaucrat, has been nominated as the firm's next chief. A former Financial Services Commission (FSC) chairma...

North Korea likely to celebrate Feb. 8 Army Day anniversary with nighttime event

North Korea is anticipated to hold a nighttime military parade to celebrate its Feb. 8 Army Day anniversary, according to multiple reports showing satellite images of Pyongyang preparing for the eve...

SM to introduce multi-production system to increase business capabilities

SM Entertainment will introduce multiple music production lines, veering from the existing system of relying solely on its founder and chief producer Lee Soo-man's capabilities, to enhance the compa...

FSC OKs Apple Pay to be available in Korea

Apple Pay is expected to be launched in Korea soon, as the financial authorities have finally given the green light to its mobile payment service to be made available in the country. The Financial S...

Plan to construct new memorial center for ex-president faces backlash

The southeastern city of Gumi, North Gyeongsang Province has become embroiled in criticism for its plan to build another memorial center for former President Park Chung-hee at a cost of 100 billion ...

Seoul to discuss reforming free transportation benefits for seniors

Seoul Mayor Oh Se-hoon said Friday his city government will discuss reforming the public transportation fare system, including the possibility of cutting the free public transportation benefit for s...

TWICE to drop new EP next month

K-pop girl group TWICE will roll out its 12th EP, "Ready to Be," next month, the group's agency said Friday.

KEPCO to sell non-essential assets, cut expenditures to secure $16 billion by 2026

Debt-ridden Korea Electric Power Corp. (KEPCO) plans to sell non-essential assets and cut expenditures to secure 20 trillion won ($16 billion) over the next five years as part of an emergency auster...

Yoon meets with officials involved in nuclear power plant construction in UAE

President Yoon Suk Yeol on Friday met with a group of officials involved in Korea's construction of a nuclear power plant in the United Arab Emirates to learn from their experience and help promote ...

Able C&C sale attracts dozens of potential buyers

Dozens of investors have shown interest in acquiring Able C&C, which was put up in the M&A market late last year, raising market expectations that IMM would make a successful exit from its years-lon...

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National

Imported car sales fall 6.6% in Jan. amid chip shortage

Companies

Apple Pay can be launched in Korea: financial regulator

Korea's financial regulator said Friday that local credit card firms can introduce Apple Pay, the long-awaited mobile payment service of U.S. tech giant Apple Inc., as they have ...

Tech

Samsung unveils new Galaxy S23 smartphone

Samsung Electronics unveiled the Galaxy S23 smartphone, Thursday, which offers enhanced camera functions and game playing experiences, reflecting the tech giant's intention to bo...

Video

Lifestyle

INTERVIEWA touch of authenticity in Korea's Mexican cuisine scene

North Korea

Pyongyang threatens eye-for-eye response as US B-1B bombers join drills in South Korea

North Korea threatened an eye-for-an-eye response to South Korea-U.S. combined military exercises, Thursday, when stealth fighter jets and strategic bombers took part in the two ...

Finance

US rate hike, high inflation throw BOK into dilemma

The Bank of Korea (BOK) is facing a dilemma over whether it should keep increasing its policy rate, as the U.S. Federal Reserve is poised to deliver additional rate hikes followi...

Sports

PSG lose injured Mbappe for first leg of Bayern Champions League tie

Kylian Mbappe faces three weeks out with a thigh injury and will miss the first leg of Paris Saint-Germain's Champions League last-16 tie against Bayern Munich on Feb. 14, his cl...

Business

Korean importers of Chinese electric buses frustrated by subsidy cut

The Ministry of Environment has decided to reduce subsidies for the purchases of electric vehicles (EVs) that use batteries with lower energy density, thwarting the attempt by Ko...

Blog

Plum trees, pheasants and promises of old Korea

In Korea, the New Year began with change and trepidation. December had been brutally cold but the first week of January 1898 was pleasantly mild. There was the promise of prosper...

Learning English

Korean Translation

NATIONALIncome gap widening among workers

Salaried workers' income gap has been widening over the past couple of years amid the COVID-19 pandemic, data showed Wednesday. 수요일 발표된 자료에 따르면 지난 2년 동안 코로나19 팬데믹이 발생한 가운데 급여생활자의...

World

China says it's looking into report of spy balloon over US

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