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The Korea Times
Thu, January 27, 2022 | 11:58
The Korea Times close
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latest news
  • Daily infections could top 30,000 next month: health officials
  • Gov't encourages Korean residents in Ukraine to evacuate
  • Korea Federation of Banks chief warns of cyber risks amid digitalization
  • Woowa Brothers pressed to earn more for Delivery Hero
  • Samsung Electronics' operating profit up by 53.3% in Q4
  • Russia, Ukraine agree to keep ceasefire, new talks next month
  • Naver 2021 net surges 20 times amid pandemic
  • LG Energy Solution debuts after $13 trillion frenzy in Korea's biggest IPO
  • Top court confirms 4-year prison sentence for ex-Justice Minister Cho Kuk's wife over academic fraud
  • Korean forward Hwang Hee-chan signs permanent deal with Wolverhampton
  • Fed plans to raise rates starting in March to cool inflation
  • Krafton employees hit by plunging stock price
  • Omicron surge sparks distrust in vaccine
  • Daewoo E&C, HDC unprepared for industrial accident law
  • More foreign conductors leading Korean symphony orchestras
  • 94-year-old Song Hae seeks Guinness World Record as oldest music show host
  • More new businesses allowed under KCCI's 'Sandbox' initiatives
  • Korea's childbirths hit record low in November
  • Robots, AI to ease labor shortages in agricultural sector
  • Celebrating Lunar New Year amid the ongoing pandemic [PHOTOS]
[INTERVIEW] 'I will end the era of super-presidents:' Sim Sang-jung
[INTERVIEW] 'I will end the era of super-presidents:' Sim Sang-jung
Presidential candidate Sim Sang-jung, a politician who focuses on representing the grassroots, has vowed to end Korea's era of “super-presidents” if elected, to make more people's voices heard in the legislature. Having stood for workers, women, sexual minorities and other vulnerable groups for ...
Mid-campaign break makes Sim bolder progressive standard bearer
Justice Party candidate Sim pledges middle power diplomacy, lambasts Lee-Yoon TV debate as undemocratic
North Korea fires 2 apparent short-range ballistic missiles toward East Sea: South Korean military
North Korea fires 2 apparent short-range ballistic missiles toward East Sea: South Korean military
North Korea fired two apparent short-range ballistic missiles toward the East ...
Korea's daily COVID-19 cases surpass 14,000 amid rapid Omicron spread
Korea's daily COVID-19 cases surpass 14,000 amid rapid Omicron spread
Korea's daily COVID-19 cases hit over 14,000 on Thursday, breaking the record ...
PEFs eyeing Osstem Implant
PEFs eyeing Osstem Implant
Despite the ongoing risks surrounding Osstem Implant, stemming from an employee's embezzlement of some 220 billion won ($187 million), pri...
KCCI chairman to conduct first major reshuffle
KCCI chairman to conduct first major reshuffle
The Korea Chamber of Commerce & Industries (KCCI) Chairman Chey Tae-won is expected to conduct the first sweeping personnel reshuffle at t...
Former North Korea sanctions coordinator to head US embassy here
Former North Korea sanctions coordinator to head US embassy here
United States Ambassador to Colombia Philip S. Goldberg is expected to be the new top U.S. envoy to South Korea, a post which has been vac...
Learning Korean
Learning English
Daily Fortune
Daily infections could top 30,000 next month: health officials
Daily infections could top 30,000 next month: health officials
South Korea's daily coronavirus cases have shot up to over 13,000 as the omicron variant has driven a surge in infections. Prime Minister Kim Boo-kyum said the government's antiv...
Korea Federation of Banks chief warns of cyber risks amid digitalization
Korea Federation of Banks chief warns of cyber risks amid digitalization
Cyber risks could be a “gray rhino” for banks on their paths for digital transformation, and they should take preventive measures, just as they do concerning other forthcoming fi...
Samsung Electronics' operating profit up by 53.3% in Q4
Samsung Electronics' operating profit up by 53.3% in Q4
Samsung Electronics' operating profit was up by 53.3 percent in the fourth quarter of 2021 driven by record annual sales, the company said in a regulatory filing Thursday.
Naver 2021 net surges 20 times amid pandemic
Naver 2021 net surges 20 times amid pandemic
Korea's top internet portal operator, Naver, said Thursday its net profit jumped nearly 20 times in 2021 from the previous year on the back of the non-contact trend amid the COVI...
Top court confirms 4-year prison sentence for ex-Justice Minister Cho Kuk's wife over academic fraud
Top court confirms 4-year prison sentence for ex-Justice Minister Cho Kuk's wife over academic fraud
The Supreme Court finalized a four-year prison term Thursday for the wife of former Justice Minister Cho Kuk for college admission fraud involving their daughter and other charge...
Fed plans to raise rates starting in March to cool inflation
Fed plans to raise rates starting in March to cool inflation
The Federal Reserve signaled Wednesday that it will begin a series of interest-rate hikes in March, reversing pandemic-era policies that have fueled hiring and growth - and stock...
Korea to take market-stabilizing steps if needed: official
Omicron surge sparks distrust in vaccine
Omicron surge sparks distrust in vaccine
Korea saw the number of daily coronavirus infections surpass 10,000 for the first time since the outbreak of the pandemic, driven up by the highly transmissible Omicron variant. ...
Gov't standard for vaccination completion confusing
More foreign conductors leading Korean symphony orchestras
More foreign conductors leading Korean symphony orchestras
Since January, Finnish violinist and conductor Pietari Inkinen has been leading the KBS Symphony Orchestra as the new music director, succeeding Romanian-born conductor Yoel Levi...
More new businesses allowed under KCCI's 'Sandbox' initiatives
More new businesses allowed under KCCI's 'Sandbox' initiatives
The Korea Chamber of Commerce and Industry's (KCCI) “Sandbox Support Center” is starting to expand its presence, helping more innovative startups get on their feet, through effor...
Robots, AI to ease labor shortages in agricultural sector
Robots, AI to ease labor shortages in agricultural sector
The shortage of agricultural workers has become a chronic headache for Korean farmers as the nation ages due to the continuing decline in birthrates. Farmers are even finding it ...
Doubts grow over Glenwood PE's exit from PI Advanced Materials
Doubts grow over Glenwood PE's exit from PI Advanced Materials
Glenwood Private Equity is facing growing skepticism over its forthcoming divestment from PI Advanced Materials, as the polyimide film producer's profitability has been deteriora...
Number of foreigners staying in Korea decreases 3.9% in 2021
Number of foreigners staying in Korea decreases 3.9% in 2021
The number of foreign nationals staying in South Korea shrank nearly 4 percent on-year in 2021 amid the coronavirus pandemic, the Korea Immigration Office said Wednesday.
Gov't encourages Korean residents in Ukraine to evacuate
Gov't encourages Korean residents in Ukraine to evacuate
The Ministry of Foreign Affairs has raised the travel-alert level for 12 provinces in southeastern Ukraine to Level 3, the second-highest in the four-tier system. On Tuesday, the...
Woowa Brothers pressed to earn more for Delivery Hero
Woowa Brothers pressed to earn more for Delivery Hero
Woowa Brothers, the operator of the country's No. 1 food delivery service, Baedal Minjok (Baemin), has come under increasing pressure to improve its profitability, as its parent ...
Russia, Ukraine agree to keep ceasefire, new talks next month
Russia, Ukraine agree to keep ceasefire, new talks next month
Envoys from Moscow and Kyiv on Wednesday committed to a fragile ceasefire in eastern Ukraine during talks in Paris and agreed to continue their discussions against the backdrop o...
LG Energy Solution debuts after $13 trillion frenzy in Korea's biggest IPO
LG Energy Solution debuts after $13 trillion frenzy in Korea's biggest IPO
Shares of battery maker LG Energy Solution Ltd (LGES) debut on Thursday after South Korea's biggest-ever initial public offering (IPO) attracted bids worth $13 trillion, undersco...
Korean forward Hwang Hee-chan signs permanent deal with Wolverhampton
Korean forward Hwang Hee-chan signs permanent deal with Wolverhampton
Wolverhampton Wanderers' Korean forward Hwang Hee-chan will be with the Premier League club until 2026.Wolves announced Wednesday (local time) that they have exercised the option...
Krafton employees hit by plunging stock price
Krafton employees hit by plunging stock price
While the news of young salaried workers reaping hundreds of millions of won through employee stock ownership has made headlines following the IPOs of some keenly watched compani...
Daewoo E&C, HDC unprepared for industrial accident law
Daewoo E&C, HDC unprepared for industrial accident law
Daewoo E&C and HDC Hyundai Development Company appear to be less prepared than other major domestic builders for the Serious Accidents Punishment Act, which goes into effect Thur...
94-year-old Song Hae seeks Guinness World Record as oldest music show host
94-year-old Song Hae seeks Guinness World Record as oldest music show host
Veteran entertainer Song Hae, whose signature voice and gestures as emcee of the “National Singing Contest” have made him an icon of Korean television, is now seeking the Guinnes...
Korea's childbirths hit record low in November
Korea's childbirths hit record low in November
The number of babies born in South Korea fell to a record low in November last year, data showed Wednesday, underpinning the country's gloomy demographic situation with the chron...
Celebrating Lunar New Year amid the ongoing pandemic [PHOTOS]
Celebrating Lunar New Year amid the ongoing pandemic [PHOTOS]
Divers dressed in a 'God of Fortune' (R) and lion dance (L) costume look at a turtle while performing inside the 'Aquaria KLCC' aquarium ahead Chinese New Year celebrations in Ku...
[Contribution] Future of Chinese growth and implications for Korea
[Contribution] Future of Chinese growth and implications for Korea
When economists talk of growth miracles, they refer to countries that grew rapidly and caught up with the level of the development of the U.S. Korea, among others, is the poster ...
Seizure of smuggled drugs hits record high in 2021
Seizure of smuggled drugs hits record high in 2021
Drug smuggling uncovered by the South Korean customs agency hit a record high last year as trafficking via non-contact delivery means shot up amid the COVID-19 pandemic, data sho...
line
  • Video
Daily infections could top 30,000 next month: health officials
Daily infections could top 30,000 next month: health officials
Japanese Embassy returns Moon's New Year gift over 'Dokdo image' on box
Japanese Embassy returns Moon's New Ye...
Horse abused and killed in controversial KBS drama scene
Horse abused and killed in controversi...
Vaccine pass at large retailers lifted
Vaccine pass at large retailers lifted
Raped, assaulted, nowhere to find help: Foreign women speak out about their experiences of sexual violence in Korea
Raped, assaulted, nowhere to find help...
  • Companies
SAE-A Trading workers ordered to wear company brand clothes only
SAE-A Trading workers ordered to wear company brand clothes only
  • Naver 2021 net surges 20 times amid pandemic
  • Samsung Electronics' operating profit up by 53.3% in Q4
  • KCCI chairman to conduct first major reshuffle
  • CJ Logistics delivery workers' strike spreads to Lotte, Hanjin
  • Lotte Department Store CEO working to change company culture
  • Tech
Samsung to unveil Galaxy S22 at Unpacked event next month
Samsung to unveil Galaxy S22 at Unpacked event next month
  • Patent trolls target Samsung Electronics
  • LG Electronics launches 'upgradable' home appliances
  • Meta says its new AI supercomputer will be world's fastest
  • NASA's new space telescope nears destination in solar orbit
  • SK, KT rethink attending MWC amid Omicron variant
  • Finance
IMF revises down economic growth outlook for Korea to 3 percent in 2022
IMF revises down economic growth outlook for Korea to 3 percent in 2022
  • LG Energy Solution debuts after $13 trillion frenzy in Korea's biggest IPO
  • Korea to take market-stabilizing steps if needed: official
  • PEFs eyeing Osstem Implant
  • Korea Federation of Banks chief warns of cyber risks amid digitalization
  • Guidelines for financial platform businesses
  • Entertainment & Arts
'Kill This Love' becomes second BLACKPINK video to top 1.5 billion YouTube views
'Kill This Love' becomes second BLACKPINK video to top 1.5 billion YouTube views
  • More foreign conductors leading Korean symphony orchestras
  • 94-year-old Song Hae seeks Guinness World Record as oldest music show host
  • Enhyphen's new album debuts at No. 14 on Billboard 200
  • Kyuhyun tells 'Love Story' with his voice
  • Seohyun of Girls' Generation makes film debut in sexy Netflix rom-com
top 10 stories
  • Omicron surge sparks distrust in vaccine
  • [INTERVIEW] 'I will end the era of super-presidents:' Sim Sang-jung
  • Celebrating Lunar New Year amid the ongoing pandemic [PHOTOS]
  • Patent trolls target Samsung Electronics
  • Inflation concerns loom large
  • Yoon rebounds, Lee stagnates in polls
  • Robots, AI to ease labor shortages in agricultural sector
  • [Contribution] Future of Chinese growth and implications for Korea
  • Gov't standard for vaccination completion confusing
  • LGES, GM to build $2.6 billion EV battery plant in Michigan
opinion
Editorial
Looming financial woes
Financial market turbulence looms large, heightening the possibility of an eco...
Overdue political reform
The head of the ruling Democratic Party of Korea (DPK) has announced a package...
Columns
Frame 2
. Andrew Hammond
Why Biden is doubling down on ties with Tokyo
While U.S. President Joe Biden is very heavily focused on the dangerous Russia stan...
Frame 2
Making ban on nuclear weapon tests permanent
A ban on nuclear weapon tests, underpinned by effective verification, is an essenti...
Thoughts of the Times
First time traveling in 2 years
It has been almost two years since the last time I traveled. I had almost forgotten...
top 5 entertainment news
  • Seohyun of Girls' Generation makes film debut in sexy Netflix rom-com Seohyun of Girls' Generation makes film debut in sexy Netflix rom-com
  • YouTube star stops online activities over fake luxury goods controversy YouTube star stops online activities over fake luxury goods controversy
  • Food chain boosts profile on back of BTS member's mispronunciation Food chain boosts profile on back of BTS member's mispronunciation
  • Kyuhyun tells 'Love Story' with his voice Kyuhyun tells 'Love Story' with his voice
  • [INTERVIEW] Music is about savoring, not competing: Hareem [INTERVIEW] Music is about savoring, not competing: Hareem
DARKROOM
  • Celebrating Lunar New Year amid the ongoing pandemic [PHOTOS]

    Celebrating Lunar New Year amid the ongoing pandemic [PHOTOS]

  • Daily life in Afghanistan under Taliban rule

    Daily life in Afghanistan under Taliban rule

  • How snow looks around the world

    How snow looks around the world

  • Pictures of the year 2021

    Pictures of the year 2021

  • Entering third year of pandemic

    Entering third year of pandemic

North KoreaNorth Korea
North Korea appears to have test-fired cruise missiles
North Korea appears to have test-fired cruise missiles
North Korea fires 2 apparent short-range ballistic missiles toward E...
North Korea fires unidentified projectile toward East Sea: South Kor...
North Korea remains silent on cruise missile test
Unification minister to brief foreign envoys on North Korea policy
North Korea criticizes Japan's move to revise security documents
nationalnational
S. Korea, UAE hold high-level talks on forming joint bidding team for nuclear energy projects
S. Korea, UAE hold high-level talks on forming joint bidding team fo...
Korea's daily COVID-19 cases surpass 14,000 amid rapid Omicron spread
Indian embassy celebrates Republic Day
Former North Korea sanctions coordinator to head US embassy here
Senior diplomats of S. Korea, Russia hold phone talks over N. Korea
Daughter joins Ahn Cheol-soo's presidential campaign
businessbusiness
POSCO restructuring plan edges closer to realization
POSCO restructuring plan edges closer to realization
Samsung Electronics' operating profit up by 53.3% in Q4
KCCI chairman to conduct first major reshuffle
CJ Logistics delivery workers' strike spreads to Lotte, Hanjin
Lotte Department Store CEO working to change company culture
Baedal Minjok, Yogiyo, Coupang Eats face gov't scrutiny over soaring...
lifestylelifestyle
More than 200,000 travelers expected to visit Jeju during Lunar New Year holiday
More than 200,000 travelers expected to visit Jeju during Lunar New ...
Lunar New Year drawings warding off evil spirits adorn Gwanghwamun
Future of beauty and fragrance is at SCAD
Air Busan opens Busan-Saipan route despite pandemic
[INTERVIEW] 1st Indian twin priests ordained in Korea hope to help n...
US scholar explains Confucianism as time-honored teachings for self-...
blogsblogs
Planned polarization and the Korean proletariat
Planned polarization and the Korean proletariat
Views of Jeju from the Past: Challenging the Mountain Spirit: Part 6
Views of Jeju from the Past: An Island of Stones: Part 5
Sharks and Dogs: Views of Jeju from the Past Part 4
Dialogues with Adoptees: Let's make adoptees' rights mainstream
Korean civilization: Birth and death
opinionopinion
Biden, Putin and Ukraine
Looming financial woes
Overdue political reform
Making ban on nuclear weapon tests permanent
First time traveling in 2 years
Populist campaign pledges
sportssports
Naturalized Olympic luger calls Korea 'part of my life'
Naturalized Olympic luger calls Korea 'part of my life'
Korean forward Hwang Hee-chan signs permanent deal with Wolverhampton
Djokovic to play in Dubai after vaccine controversy: reports
Winter Olympics threatened by climate change, says report
Reigning Olympic skeleton champion not considering himself as medal ...
China less worried about global criticism ahead of Winter Olympics
worldworld
Russia threatens retaliation if Ukraine demands not met
Russia threatens retaliation if Ukraine demands not met
Russia, Ukraine agree to keep ceasefire, new talks next month
Fed plans to raise rates starting in March to cool inflation
Lebanon to receive Jordan electricity via Syria, deal signed
Hong Kong may maintain COVID isolation until 2024, risking exodus
Indonesia's capital is sinking, polluted and now moving
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