📰 The Korea Herald · 90
Scotland makes a hard-fought debut victory against Haiti at the World Cup
Scotland made a strong start to the 2026 World Cup by defeating Haiti 1-0 in a Group C match at the Boston Stadium. The only goal came in the 28th minute when John McGinn capitalized on a defensive error by Haitian goalkeeper Johny Placide. Despite Haiti's efforts in the second half, Scotland maintained their lead with organized defense. This victory marks Scotland's first World Cup win since 1990 and their return to the global stage after 28 years. The result gives Scotland an advantage in the group, which also includes Brazil and Morocco. Haiti, though defeated, showed competitive spirit and
KRHow a Korean 'Turandot' traveled to Europe and came home a decade on
The Daegu International Musical Festival (DIMF) has brought back its popular production of 'Turandot,' a musical adaptation of Giacomo Puccini's opera, to celebrate its 20th anniversary. The production, which premiered in 2011, faced initial criticism but has since gained international recognition, including performances in China and overseas licensing. DIMF's executive director discussed the challenges and successes of adapting operas into musicals and promoting Korean original productions globally.
Lee calls inflation top policy priority, urges 'extraordinary' measures to stabilize prices
South Korean President Lee Jae Myung emphasized that controlling inflation is the government's top policy priority, urging officials to implement 'extraordinary' measures to stabilize prices and alleviate financial pressure on households. He cited ongoing global energy supply chain disruptions and geopolitical tensions, including the situation in the Strait of Hormuz, as factors contributing to rising inflation. Lee acknowledged that while some measures like the oil price cap system have helped manage price increases, further action is needed to address issues related to petroleum products, as
Lee says reform of election watchdog needed through constitutional amendment if necessary
South Korean President Lee Jae Myung stated that a fundamental reform of the National Election Commission (NEC), the country's election watchdog, may require a constitutional amendment. This comes after the NEC faced criticism for failing to provide sufficient ballot papers during the recent local elections, which disrupted voting at 26 polling stations. Lee criticized the NEC's lack of oversight and suggested that legal attempts to regulate the commission might be deemed unconstitutional due to its independent status. He also proposed changing the selection process for the NEC's leadership.
Unification ministry vows to find 'phased, viable' path to denuclearization
South Korea's Unification Ministry reaffirmed its commitment to seeking 'phased, viable' solutions for the denuclearization of the Korean Peninsula, emphasizing mutual acceptability based on reality. This came after North Korea, through Kim Yo-jong, reiterated its stance that its nuclear arsenal is a core interest and that denuclearization is non-negotiable.
Army to allow long-term service transition for more noncommissioned officers
The South Korean Army announced plans to allow more noncommissioned officers to transition into long-term service starting in 2028. This change aims to improve job security for these personnel, who form the backbone of the military. The policy expands eligibility from the top 20% of applicants to 50%, and eventually to all qualified candidates by 2028. Additionally, the Army plans to reduce the time required for promotions within the ranks.
Police investigating alleged break-in at ballot-counting center
Police are investigating an alleged break-in at a ballot-counting center at the Olympic Park Handball Gymnasium in Seoul. The incident occurred amid ongoing protests demanding a rerun of the June 3 local elections due to ballot shortages. According to the Korea Sports Industry Development (KSID), three unidentified individuals entered the facility on June 7 after damaging a basement door lock. Surveillance footage was provided to the police, and the KSID welded the door shut on June 11. This action led to online speculation about potential traps or dangers for protesters. Demonstrators have be
Korean Air says Asiana integration costs could reach 1 tln won, offset by 2028
Korean Air Co. estimates that the integration of Asiana Airlines Inc. could incur costs up to 1 trillion won, but these expenses are expected to be offset by synergies from the merger by the end of 2028. During an investor relations session, Korean Air stated that integration costs are projected to range between 900 billion won and 1 trillion won, while annual synergy benefits are anticipated to reach approximately 300 billion won. Senior Vice President Park Hee-don expressed confidence that the integration costs would be fully offset by the end of 2028 or early 2029 if the process goes顺利. The
JoongAng Ilbo applies for debt workout program, pledges restructuring efforts
JoongAng Ilbo Co., a major South Korean newspaper, has applied for a creditor-led debt workout program due to liquidity issues within its parent group, JoongAng Group. The company failed to meet an early repayment request for 22 billion won in commercial paper and now seeks restructuring through negotiations with its main creditor, Hana Bank. Meanwhile, five affiliated companies, including broadcaster JTBC and JoongAng Holdings, have initiated court-led rehabilitation proceedings. JoongAng Ilbo opposes the early repayment demand by Hanyang Securities, emphasizing the need for fairness in the重整
'Fail Better' explores reality, illusion, art of misalignment
The Korea Herald reports on an art exhibition titled 'Fail Better' at Forum and Space in Seoul, featuring artists Yee Soo-kyung and Yangachi. The exhibition explores themes of reality, perception, and the impact of technology on human experience. Curator Kim Yoon-kyung drew inspiration from Samuel Beckett’s work and focuses on how artificial intelligence influences human perception. Yee Soo-kyung's work includes digital installations using symbols like roses and religious imagery, while Yangachi's pieces examine invisible infrastructures and electromagnetic fields.
Seoul stocks up for 3rd day to land above 8,500 on U.S.-Iran deal
Seoul stocks closed sharply higher on Monday, extending their winning streak to a third day and surpassing the 8,500-point mark. This rise was attributed to an agreement between the United States and Iran to end their monthslong conflict. The Korean won also appreciated significantly. The benchmark Korea Composite Stock Price Index increased by 5.2 percent, reaching 8,545.98. Analysts noted that foreign and institutional investors were net buyers, contributing to the upward trend. Retail investors, however, were net sellers. The Korea Exchange issued a sidecar measure following the market open
US keeps North Korea denuclearization high on agenda, official says
A senior U.S. State Department official stated that the Trump administration continues to prioritize North Korea's denuclearization in its policy agenda. David Wilezol, deputy assistant secretary of state for Korea, Japan, and Mongolia, emphasized that discussions on North Korea remain focused on denuclearization. He referenced recent diplomatic communications, including a U.S.-China summit fact sheet and a G7 joint statement, which reaffirmed support for North Korea's denuclearization. Wilezol noted ongoing bilateral coordination with South Korea and trilateral cooperation with South Korea,日本
Seoul expects favorable EU response on steel quota concerns: Lee
South Korean President Lee Jae Myung expressed confidence that the European Union will respond favorably to concerns regarding the EU's planned steel tariff-rate quota measures, which could impact South Korea's steel industry. During his recent visit to Europe, Lee discussed the issue directly with EU leaders. A senior presidential official noted that the EU has indicated it will consider South Korea's request. The concern stems from the EU's revised steel import regime, scheduled to take effect on July 1, which may limit tariff-free quota access for Korean steel products.
Kim Yo-jong slams G7's denuclearization call, says North Korea's nuclear status is irreversible
North Korea has rejected the Group of Seven's (G7) call for its complete denuclearization, with Kim Yo-jong, a senior North Korean official and sister of leader Kim Jong-un, stating that the country's nuclear status is irreversible and cannot be negotiated. This comes after the G7 reiterated their support for denuclearization in line with UN Security Council resolutions.
Lee highlights US role in breaking North Korea deadlock
South Korean President Lee Jae Myung emphasized the importance of the United States playing a central role in resolving the deadlock with North Korea. During a press briefing, Lee stated that a phased approach is necessary to freeze North Korea's nuclear and missile programs. He discussed these issues with U.S. President Donald Trump during a conversation on the sidelines of the G7 summit in France.
Male K-pop acts revive early-2000s dance-pop in latest wave of releases
A growing number of K-pop boy groups are reviving the dance-pop style popular in the early 2000s, moving away from trends focused on short-form content and social media optimization. Groups like Tomorrow X Together and BoyNextDoor are emphasizing traditional elements such as strong melodies, dramatic song progressions, and structured verse-chorus-bridge formats. This shift contrasts with the current influence of electronic dance music seen in some girl groups.
Lee received by pope at Vatican
South Korean President Lee Jae Myung visited the Vatican, meeting with Pope Leo XIV and planning to meet with Vatican Secretary of State Cardinal Pietro Parolin. This marks Lee's first meeting with the pope since taking office in June 2025. The last such meeting occurred in 2021 between President Moon Jae-in and Pope Francis. There is speculation that Pope Leo XIV might visit North Korea during his upcoming trip to South Korea for World Youth Day in 2027, potentially meeting with North Korean leader Kim Jong-un. This aligns with Lee's efforts to improve inter-Korean relations following the sou
Assembly speaker urges diplomatic efforts to ensure safe return of S. Korean vessels from Hormuz Strait
South Korean National Assembly Speaker Cho Jeong-sik urged Foreign Minister Cho Hyun to employ full diplomatic efforts to secure the safe return of 24 South Korean vessels stranded in the Strait of Hormuz following a U.S.-Iran ceasefire agreement. The assembly speaker emphasized the need to protect South Korea's national interests and support pragmatic diplomacy. Many vessels, including those linked to South Korea, were stuck in the region due to halted commercial shipping during the conflict.
JoongAng Ilbo enters first default status after missing repayment
JoongAng Ilbo, a South Korean newspaper publisher, has entered first default status after failing to repay 22 billion won in commercial paper held by Hanyang Securities. The default occurred due to insufficient funds in JoongAng Ilbo's account, triggering an event of default under the terms of the debt agreement. The company cited a liquidity crisis affecting the broader JoongAng Group, which includes media outlets like JTBC.
Kumho Tire ramps up Europe push at Tire Cologne 2026
Kumho Tire participated in The Tire Cologne 2026 exhibition in Germany, showcasing its latest tire technologies and promoting its global brand Marshal. The company aims to strengthen its presence in the European market by expanding its product offerings tailored to local consumer needs. Kumho's CEO attended the event and engaged with European customers and dealers.
Canada submarine bid hopeful but remains unclear: Lee
South Korean President Lee Jae Myung stated that South Korea's bid for Canada's submarine project remains uncertain, despite high hopes. During a recent meeting at the G7 summit, Lee discussed the matter with Canadian Prime Minister Mark Carney but did not receive clarity on the outcome. South Korea's Hanhwa Ocean is competing against Germany's ThyssenKrupp Marine Systems for the contract, which involves building 12 diesel-powered submarines valued at approximately $39.3 billion.
World Cup's No. 2 dribbler Lee Kang-in stands out in defeat
South Korea's Lee Kang-in had a notable performance in their 1-0 loss to Mexico in the 2026 FIFA World Cup. Despite receiving a yellow card early in the match, Lee showed energy and determination, including a memorable 'yapping' hand gesture directed at an opponent. His performance has raised hopes among Korean fans ahead of the team's upcoming match against South Africa.
Seoul stocks up for 4th day to finish above 8,700 on US-Iran deal optimism
Seoul stocks increased by over 2 percent on Tuesday, continuing a four-day upward trend driven by optimism surrounding a potential U.S.-Iran deal aimed at ending the conflict and reopening the Strait of Hormuz. The Korea Composite Stock Price Index closed at 8,726.6, up 180.62 points. The local currency weakened against the U.S. dollar. U.S. stocks also rose following comments from President Donald Trump indicating a preliminary agreement had been signed. Oil prices declined as tensions eased.
Step into this season's styling point: Open-toe socks and leg warmers
This article discusses emerging summer fashion trends, focusing on open-toe socks and sheer leg warmers. It highlights increased sales of summer footwear like mules and flip-flops, citing data from online platforms W Concept and Ably. The trend is linked to Miu Miu's 2025 spring-summer collection and actor Cha Jung-won's recent social media post showcasing the style.
Trump expressed regret for not resolving NK nuke issue sooner: Lee
South Korean President Lee Jae Myung stated that U.S. President Donald Trump expressed regret for not addressing North Korea's nuclear program earlier. The two leaders discussed the North Korean nuclear issue during their meeting at the G7 summit in France. Trump shared a photo of himself with North Korean leader Kim Jong-un from the 2018 summit, which sparked speculation about renewed focus on North Korea. Lee emphasized that the nuclear issue requires a different approach compared to other countries, though Trump acknowledged the lack of a clear solution.
Ex-defense minister gets 3 years for leaking military secrets tied to martial law bid
Former Defense Minister Kim Yong-hyun was sentenced to three years in prison for leaking military intelligence personnel information linked to former President Yoon Suk Yeol's failed martial law attempt in 2024. The court stated that Kim's actions were a key factor in enabling Yoon's martial law declaration.
Gov't to seek dismissal of heads of 2 public firms following review
South Korea's Ministry of Finance and Economy has decided to seek the removal of the heads of two public institutions—the Government Employees Pension Service and the Korea International Cooperation Agency—following a performance review. This decision was based on evaluations conducted by the Ownership Steering Committee, which assessed the performance of 88 state-run firms and 82 agency heads. Seven agency heads received the lowest grade in the six-tier evaluation system, while five others were not evaluated due to not being in office during the assessment period. Additionally, 17 agency head
For Korean singles, cleanliness matters most in a future spouse
A survey by marriage agency Gayeon indicates that cleanliness is the top priority for many young South Koreans when considering a future spouse, surpassing factors like job stability and financial status. The survey included 163 unmarried adults and highlighted the importance of daily habits and compatibility in relationships.
ETF trading tops 30% of market turnover on strong retail demand
ETFs now account for 30% of trading value on the Korean stock market, driven by strong demand from retail investors. Retail investors have been net buyers of both listed shares and ETFs, while foreign investors have been net sellers. Analysts attribute the rise in ETF trading to increased retirement pension inflows, noting that ETFs have transitioned from being a supplementary investment vehicle to a key trading instrument in the Korean stock market.
L'Oreal, OpenAI team up to advance AI-powered beauty
L'Oreal Group has announced a strategic partnership with OpenAI at the Viva Technology 2026 conference in Paris. The collaboration aims to integrate artificial intelligence into various aspects of the beauty industry, including consumer experiences, research, product development, and content creation. Key initiatives include using ChatGPT for enhanced consumer interaction, virtual makeup try-ons via augmented reality, and AI-driven advertising pilots across multiple L'Oreal brands. The partnership also involves leveraging OpenAI's life sciences reasoning models to support L'Oreal's research.
Intel hires former SK hynix chief Lee Seok-hee to lead advanced packaging
Intel has hired Lee Seok-hee, formerly the CEO of SK hynix and SK On, as a senior vice president in its foundry business. Lee will oversee advanced packaging, system integration, back-end technology development, and back-end manufacturing at Intel Foundry. Intel emphasized that Lee's appointment strengthens their focus on advanced packaging as a core business area. Both Intel CEO Lip-Bu Tan and Lee highlighted the importance of advanced packaging for future high-performance computing systems.
Not over yet. South Korea’s route to round of 32 explained
South Korea lost 1-0 to Mexico in their World Cup Group A match, ending their perfect start but still keeping them in contention for the knockout stage. With one game remaining against South Africa, South Korea needs just one point to secure progression to the round of 32. The article explains the current standings and the implications of the expanded World Cup format.
S. Korean goalkeeper shoulders blame for costly miscue
South Korean goalkeeper Kim Seung-gyu took responsibility for a critical error during a 1-0 loss to Mexico in the 2026 FIFA World Cup. The goal was scored by Luis Romo after Kim collided with his defender Lee Gi-hyuk while attempting to clear a header. Kim acknowledged his mistake and expressed regret over the incident.
Police confirm human leg found in Incheon was mistakenly discarded by hospital
Police confirmed that a human leg discovered at a recycling center in Incheon was mistakenly discarded by a local nursing hospital. The leg belonged to a female patient in her 80s who had undergone an amputation. Hospital staff reported the incident to authorities after the leg was found among recyclable waste. A forensic analysis confirmed the leg was from the patient, and while no foul play was involved, the hospital may face legal consequences for violating waste control regulations.
Riize exudes confidence on ‘Do Your Dance’ comeback
Riize, a K-pop group under SM Entertainment, released their second EP titled 'II,' which includes the lead single 'Do Your Dance.' The album features six tracks highlighting the group's confident and free-spirited style. According to SM Entertainment, the EP achieved significant commercial success, selling over 910,000 copies within a day of its release and topping various regional charts. The group discussed their return and the themes behind the album in a Q&A session.
North Korea says treaty with Russia ‘essential legal weapon’ for stability
North Korea has emphasized the importance of its treaty with Russia, calling it an 'essential legal weapon' for ensuring strategic stability. The agreement, signed in June 2024, forms the basis of a 'comprehensive strategic partnership' between the two nations. North Korean state media highlighted the treaty's role in providing a legal framework for bilateral relations and addressing regional and global instability.
Otoki expands export capacity with Ulsan logistics hub
South Korean food company Otoki has completed a new automated logistics center in Ulsan to enhance its supply chain efficiency as international demand for its products increases. The facility can store nearly 10,000 pallets and handles all aspects of logistics, including inbound and outbound operations, labeling, and order picking. Otoki aims to achieve 1.1 trillion won in international revenue by 2030 and plans to establish its first North American manufacturing plant in California. In Q1, the company reported a 3.3% increase in operating profit and a 9.6% rise in overseas revenue, which now占
Navy drills near NLL, major ports to bolster combat readiness
South Korea's Navy conducted a four-day fleet combat drill in the Yellow Sea and southern waters, focusing on enhancing combat readiness near the Northern Limit Line and major ports. The exercises involved approximately 20 surface vessels and air assets and included anti-surface, anti-submarine, and anti-air warfare drills, as well as training to counter localized provocations and unmanned aerial vehicles.
'The Legend of Kitchen Soldier' director denies alleged comments on dating rumors involving main cast, including Park Ji-hoon
Director Jo Nam-hyung of the drama 'The Legend of Kitchen Soldier' has denied allegations that he commented on romantic rumors involving cast members Park Ji-hoon and Jeon So-young, and Lee Sang-yi and Han Dong-hee. He claimed the supposed direct messages were fabricated after a social media user posted an alleged screenshot of a private conversation. Jo refuted the claims, stating the conversation never happened and the image was fake. The original post has since been removed.
Can a hotel bring you good fortune? Some Koreans think this one can.
The Korea Herald reports that Grand Hyatt Seoul has gained popularity among Koreans seeking good fortune, particularly for important life events such as job interviews, business launches, and weddings. This belief is linked to the hotel's location on Namsan, a hill in central Seoul associated with strong 'fire' energy in traditional Korean geomancy ('pungsu'). The hotel itself has a history with fire, including a major incident in 1993, but it was renovated and now incorporates elements of water—symbolic in pungsu for balance—in its design.
When AI remakes images, photographers turn back to reality at Kukje Gallery
Two exhibitions at Kukje Gallery in Seoul explore the evolving role of photography in the age of artificial intelligence. The exhibitions feature works by nine Korean photographers and the late American photographer Robert Mapplethorpe, focusing on themes of observation, light, form, and material reality. The centerpiece, 'Objects in Oscillation,' emphasizes direct observation, craftsmanship, and the transformation of everyday objects through photography.
[Lee Byung-jong] We need leaders like Jensen Huang
The article discusses Jensen Huang's recent visit to Seoul, highlighting his charismatic personality and unconventional leadership style. It notes his activities during the visit, including appearances on a TV show, attending a baseball game, meeting with Korean business leaders, and visiting a PC café to interact with e-gamers. The article emphasizes Huang's role in NVIDIA's growth, attributing it partly to his personal brand and engagement with stakeholders.
No formal request made to S. Korea for participation in Iran reconstruction fund: sources
South Korea has not officially received any requests to participate in a proposed post-war reconstruction fund for Iran, according to sources. The initiative was outlined in a 14-point memorandum of understanding between the U.S. and Iran, aiming to finalize a deal within 60 days. The document includes commitments from Iran to refrain from developing nuclear weapons and provisions for reopening the Strait of Hormuz. A $300 billion reconstruction fund is part of the proposal, with private sector contributions reportedly already secured from several countries including South Korea, Japan, and新加坡
PM nominee's confirmation hearing set for June 25-26
Prime Minister nominee Han Seong-sook's confirmation hearing has been scheduled for June 25-26. The ruling and opposition parties have reached an agreement on this date. If confirmed by the National Assembly, Han would become the first female prime minister under President Lee Jae Myung and the second female prime minister in South Korean history.
Lawmaker calls for fixes amid overcrowding in off-post military exchanges
A South Korean lawmaker has called for improvements to military post exchanges located outside military bases due to overcrowding caused by an increasing number of authorized users. According to the lawmaker's office, the number of individuals authorized to access these exchanges has risen significantly, particularly after the inclusion of family members of war veterans and other groups in the early 2010s and late 2010s. The lawmaker urged the Ministry of Patriots and Veterans Affairs to expand the number of such facilities.
More aspiring K-pop idols are retiring in their 20s
More K-pop idols are retiring in their 20s due to unstable incomes, uncertain career prospects, and mental health challenges. Former CLC member Kwon Eun-bin announced her retirement, citing emotional struggles and a desire for a better future. Other former idols are also sharing similar experiences of difficulty following short or unsuccessful careers in the industry.
As gender boundaries blur, K-pop experiments beyond traditional boy-girl group formulas
K-pop is undergoing a transformation in its approach to gender roles within group concepts. Traditionally, boy groups emphasized masculinity and power, while girl groups focused on femininity, beauty, and cuteness. However, recent trends show a move toward greater diversity and fluidity in expression. Groups like NCT Wish are adopting softer, more delicate visuals, while girl groups such as Young Posse and Badvillain are embracing rap-heavy, street-inspired styles that defy traditional feminine stereotypes. Xlov, a new boy group, is notable for its focus on gender-neutral concepts.
Louis Vuitton stars Jung Ho-yeon in final chapter of Na Hong-jin film series
Louis Vuitton has released 'Destiny is a Journey,' the third and final episode of its 'Spirit of Travel' film series directed by Na Hong-jin, to commemorate the 130th anniversary of the house's Monogram. The film stars actor and Louis Vuitton house ambassador Jung Ho-yeon, who portrays a traveler navigating a snowy forest toward an unfamiliar world. The trilogy explores different aspects of travel, with this final installment focusing on discovery in unfamiliar places.
Korea rises to 21st in IMD competitiveness ranking
South Korea ranked 21st in the Institute for Management Development's World Competitiveness Ranking, up six positions from the previous year. The improvement is attributed to better business efficiency and infrastructure. Key factors include higher rankings in productivity, labor market conditions, financial systems, management practices, and attitudes and values. Infrastructure improvements were noted in basic and technological sectors.
Trump signals renewed interest in North Korea, but Tehran playbook may not apply: experts
The article discusses concerns that U.S. President Donald Trump may refocus attention on North Korea following a ceasefire deal with Iran. Experts note that North Korea presents distinct challenges compared to Iran. The discussion follows recent interactions between Trump and South Korean President Lee Jae Myung, as well as the release of a 14-point memorandum of understanding with Iran.
First heat wave alerts of year issued for Seoul, surrounding areas
The Korea Meteorological Administration issued the first heat wave advisories of the year for Seoul and surrounding areas, including parts of Gyeonggi Province and Incheon. Advisories were also issued for several other locations across the country. A heat wave advisory is triggered when the maximum apparent temperature remains at or above 33 degrees Celsius for two or more consecutive days.
Korea's summer beach season kicks off
Beaches across Korea are opening in waves this summer, with different regions setting specific dates for their openings. Ayajin Beach in Gangwon Province was the first to open on June 12, while Jeju Island will open its 12 beaches on June 24. In South Gyeongsang Province, 26 beaches will open on a staggered schedule beginning July 4. Geoje will host a pet-friendly beach again this year. Taean County in South Chungcheong Province will open its 21 beaches on July 4, with additional safety measures in place.
Korea bets on regional universities as student pool shrinks 40%
South Korea faces challenges due to declining college enrollment, leading to concerns about the potential closure of regional universities. The government is implementing policies to strengthen regional flagship universities as alternatives to Seoul National University and to support local economic growth.
Kospi breaks 9,000 milestone
South Korea's benchmark Kospi index broke the 9,000-point threshold for the first time on Thursday, driven by a rally in semiconductor stocks and significant foreign investment. Despite the U.S. Federal Reserve's hawkish signals, foreign investors purchased over 1 trillion won ($650 million) in local shares. The index closed at 9,063.84, marking a 2.25% increase from the previous session.
CSOP launches Hong Kong's first Kospi 200 ETF
CSOP Asset Management, Hong Kong's largest ETF issuer, launched the first Hong Kong-based ETF tracking Korea's Kospi 200 Index. The ETF began trading on the Hong Kong Stock Exchange and saw strong initial demand, with trading volume exceeding 30 billion won within five minutes. The product aims to provide Hong Kong investors with broader exposure to Korean equities, particularly during the ongoing AI-driven stock rally. CSOP has previously offered leveraged and inverse products tied to major Korean tech firms like Samsung Electronics and SK hynix.
Gaon Cable rides US AI infrastructure boom
Gaon Cable, a subsidiary of LS Cable & System, has supplied transmission cables for a U.S. solar power grid project and secured contracts for AI data centers. The company anticipates doubling its U.S.-related orders this year due to increased demand driven by AI and renewable energy investments.
US Fed's hawkish shift pressures BOK
The US Federal Reserve maintained its benchmark interest rate but adopted a more hawkish stance, emphasizing ongoing inflationary pressures. This has increased expectations that the Bank of Korea (BOK) will implement monetary tightening measures. BOK Governor Shin Hyun-song has indicated the likelihood of raising the benchmark rate, possibly as early as the July policy meeting.
K-food's hottest new export is ice cold
Korean ice cream exports have surpassed $100 million, driven by brands like Binggrae's Melona and Lotte's expansion into international markets. Exports rose 14.1% year-on-year in the first four months of the current year, with the U.S. being the largest market. Binggrae, known for its Banana Flavored Milk, has seen significant success with its Melona product, which dominates the U.S. ice cream market and is now available in over 30 countries.
Korea’s hair-loss insurance proposal sparks backlash
South Korea is considering expanding national health insurance coverage to include treatments for male-pattern hair loss, a move that has sparked controversy among medical professionals and patient advocates. Critics argue that limited health insurance resources should be allocated to more severe and rare diseases rather than conditions considered primarily cosmetic. The Health and Welfare Minister has highlighted the potential social and psychological impact of hair loss on young workers entering the job market. However, medical experts oppose the expansion, emphasizing that public insurance应
Assembly probe launches as S. Korea reels from June election fiasco
A special parliamentary probe into South Korea's National Election Commission (NEC) and its regional branches has been launched following concerns over issues during the June elections. The probe, approved by a 250-1 vote in the plenary session, will investigate the shortage of ballot papers, distribution problems, their impact on voters' rights, and structural issues within the NEC, including budget expenditures. The investigation is set to last until August 1 but could be extended.
Military moves to harden key facilities against drone swarms
South Korea's military is enhancing defenses against potential drone swarm attacks on critical infrastructure. The Joint Chiefs of Staff has initiated a study to improve counter-drone measures for key facilities like ammunition depots, fuel storage sites, air bases, and command centers. Officials believe current radar and missile-based systems may not be sufficient to address the evolving threat posed by drones due to their low cost, mobility, and remote control capabilities.
Don't call Shin Min-a a rom-com queen
The article discusses Shin Min-a's role in the upcoming Korean remake of 'Julia's Eyes,' highlighting her performance as twin sisters with differing fates. It notes the predictability of the plot but praises Shin's acting, particularly her portrayal of a character losing her vision through subtle eye movements.
Matthias Goerne, Sunwoo Yekwon, to bring Schubert’s 'Winterreise' to Seoul stage
German baritone Matthias Goerne and Korean pianist Sunwoo Yekwon will perform Schubert’s 'Winterreise' at Lotte Concert Hall in Seoul. The concert is part of the Hansae Yes24 Foundation's classical music series, which aims to introduce art songs to audiences. According to the foundation's chairperson, Baek Soo-mi, the collaboration between Goerne and Yekwon is a key highlight of the event.
Enhypen to return in August: report
Enhypen is set to release a new album in August, according to a report. Their agency, Belift Lab, has confirmed the timeline but provided no further details. This will be their first new music since member Evan (formerly Heeseung) left the group to pursue a solo career. The group is currently on their 'Blood Saga' world tour, which resumes in Sao Paulo on July 4.
Samsung leans on AI, cost cutting to revive consumer business
Samsung Electronics is focusing on artificial intelligence and cost-cutting measures to revitalize its struggling consumer electronics business. The company is retreating from low-margin markets and emphasizing expansion in AI across its product lines and manufacturing processes. This strategic shift comes amid a significant imbalance in profitability between Samsung's semiconductor division and its device divisions, such as smartphones, TVs, and home appliances.
Gwangju officials rig system to get ‘golden’ license plates
An internal audit revealed that employees at Gwangju's Seo-gu Office manipulated the vehicle registration system between 2023 and February 2026 to assign desirable 'golden' license plate numbers, such as 7777 and 5555, to specific individuals. The audit found that employees canceled or amended registrations to keep these numbers available for later manual assignment. The district office has announced plans to take disciplinary action against those involved.
Posco International expands palm business with PT.PAR launch
Posco International has completed the integration of Indonesian palm oil producer Sampoerna Agro and launched a new corporate identity under the name PT Prime Agri Resources (PT.PAR). A ceremony was held in Jakarta to mark the event, attended by key figures including Posco International CEO Lee Kye-in, South Korean Ambassador to Indonesia Yoon Soon-gu, and Indonesian Palm Oil Association Chairman Eddy Martono. The acquisition, valued at around 1.3 trillion won ($855 million), includes approximately 128,000 hectares of palm plantations in Indonesia's Sumatra and Kalimantan islands.
From teammates to rivals, old ties renewed in Korea-Mexico clash
South Korea's national football team faces Mexico in a crucial World Cup group stage match. The game features personal rivalries, including Lee Kang-in facing his former coach Javier Aguirre. The article highlights the historical context of South Korea's struggles against American teams in the World Cup and notes the unique dynamics between players who previously played together.
Korea, Yonsei universities hit record highs as gap narrows in QS global rankings
In the 2027 QS World University Rankings, South Korea's top universities achieved record-high positions, with Yonsei University and Korea University reaching their highest-ever placements. Seoul National University remained at No. 38 globally, while other institutions such as KAIST, Pohang University of Science and Technology, and Sungkyunkwan University also saw improvements. QS noted that South Korea had the third-strongest net performance in Asia, behind only Hong Kong and China.
[Graphic News] Seoul tops global ranking of most walkable cities
Seoul has been named the world's most walkable city for 2026 by British magazine Time Out, according to a survey of approximately 24,000 residents across major cities globally. The assessment considered factors like nightlife, street food, dating opportunities, public transportation, and pedestrian accessibility. Seoul received high marks for its compact urban layout, allowing easy access to popular areas like Myeong-dong, Insa-dong, and Bukchon Hanok Village. The city's pedestrian-friendly infrastructure, including the restored Cheonggyecheon stream, wide sidewalks, efficient crosswalks, and
[Lee Jae-min] Lost in the regulatory jungle
The article discusses the issue of 'overcriminalization' in South Korea, where numerous laws carry criminal penalties with vague definitions, making it difficult for individuals and businesses to understand legal boundaries. It references comments from the justice minister highlighting the large number of laws containing criminal provisions and the resulting confusion. The article also mentions ongoing debates around specific provisions like the 'breach of trust' clause in the Korean Criminal Code.
[Wang Son-taek] Protests pose new test for Korean democracy
South Korea's democracy faces ongoing challenges following former President Yoon Suk Yeol's failed insurrection in December 2024. Recent local elections encountered issues with ballot paper shortages at multiple polling stations, disrupting the voting process. These problems have sparked public concern and protests, with some demanding investigations, accountability, and potential changes to election procedures.
[Song Jong-hwan] What the US–Iran peace means for South Korea
The article discusses global geopolitical tensions, highlighting the ongoing Russia-Ukraine conflict, Middle East tensions between Israel and Iran, U.S.-China rivalries in the South China Sea and Taiwan Strait, and the proliferation of nuclear ambitions among non-nuclear states. It references a World Economic Forum survey indicating many experts view the international situation as extremely dangerous. The author notes the decline of Pax Americana and the UN Security Council’s ineffectiveness due to the veto power of major powers.
2 Koreas, not external actors, should lead peninsular issues: unification minister
South Korea's Unification Minister Chung Dong-young stated that South and North Korea, rather than external actors, should take the lead in addressing security issues on the Korean Peninsula. He emphasized that other countries are secondary factors and warned against their influence overshadowing the role of the two Koreas. His comments were made during a meeting of the ministry's peace advisory council and reflected concerns about South Korea being sidelined amid shifting international attention.
KHNP picks Yeongdeok, Gijang for new nuclear projects
Korea Hydro & Nuclear Power (KHNP) has finalized the selection of Yeongdeok in North Gyeongsang Province and Gijang in Busan as the sites for two new large-scale nuclear reactors and one small modular reactor. The decision followed an evaluation by a committee of external experts who considered factors such as site suitability, environmental impact, construction feasibility, and local community support. The committee emphasized the importance of a stable power supply for national competitiveness and sustainable development.
Heo Nam-jun sets next project with period romance 'Whale Star'
Actor Heo Nam-jun is set to star in the upcoming period romance drama 'Whale Star,' which is based on a popular Naver webtoon. The drama, scheduled to premiere in 2027, is set during the Japanese colonial era in Seoul and follows characters involved in the Korean independence movement. Heo will play Song Hae-su, an independence fighter, while Moon Ga-young and Choi Woo-shik also star. The series is directed by Hur Jin-ho and Yoo Beom-sang.
BYD to launch first plug-in hybrid in Korea later this month
Chinese electric vehicle manufacturer BYD is preparing to launch its first plug-in hybrid electric vehicle (PHEV) in South Korea later this month. The vehicle will feature BYD's Dual Mode Intelligent (DM-i) technology, which the company describes as an 'electric-first hybrid.' This move comes as BYD expands its presence in South Korea's automotive market, having already achieved rapid success with its all-electric Atto 3 model. The new PHEV is expected to be the Sealion 6 DM-i, a compact SUV, and will be showcased at the 2026 Busan Mobility Show.
Seoul mayor faces 18-month prison request over campaign polls
Seoul Mayor Oh Se-hoon is facing a request for an 18-month prison sentence related to allegations that he instructed a supporter to fund opinion polls during his 2021 mayoral campaign. A special counsel team led by Min Joong-ki requested the sentence during Oh's final court hearing. The case involves accusations that Oh used a political broker to conduct polls linked to the People Power Party's nomination process. The prosecution also seeks the forfeiture of 33 million won. Former Seoul vice mayor Kang Cheol-won and supporter Kim Han-jung were indicted alongside Oh for their alleged roles in协调
Ballet star Jeon Min-chul returns to Korean stage in 'Swan Lake'
Ballet star Jeon Min-chul, a first soloist with the Mariinsky Ballet, will return to the Korean stage this summer as a guest principal with Universal Ballet. He will perform the role of Prince Siegfried in 'Swan Lake' at the Seoul Arts Center from August 14 to 23. Jeon will be partnered by Universal Ballet principal Hong Hyang-gee, who will dance both Odette and Odile. This performance marks the first time Universal Ballet has used the Mariinsky Ballet's choreographic tradition. Jeon will also appear in other productions during the summer, including 'The Little Mermaid' at the K-Global Ballet
Seoul to host official Oktoberfest celebration in September
Seoul will host an official Oktoberfest celebration in September 2026, modeled after Munich's famous beer festival. The event, named 'Oktoberfest Seoul,' has been approved by the city of Munich and will take place at the Oil Tank Culture Park. It will include Bavarian food, beer, music, and cultural activities. Germany's ambassador to South Korea expressed hopes for strengthening ties between Germany and Korea through the event.
Foreign shoppers fuel Musinsa Seongsu's early success
Musinsa Megastore Seongsu, which opened in April, achieved cumulative sales of over 7 billion won within its first 50 days. More than 40% of these sales came from foreign customers. In late May and early June, overseas buyers accounted for up to 66% of daily purchases. Sales on Musinsa's global e-commerce platform increased by 81% compared to the previous year during this time, alongside a near doubling of new user registrations. The company is implementing strategies such as on-site registration incentives, passport-based rewards, and multilingual product information to integrate offline and
Hyundai Steel partners with LSU on US mill project
Hyundai Steel has signed a master research agreement with Louisiana State University (LSU) to support the development of a $5.8 billion steel mill in Ascension Parish, Louisiana. The agreement covers joint research in areas such as steelmaking, materials science, energy, robotics, automation, and environmental engineering. The steel mill, scheduled for completion in 2029, will produce automotive steel sheets for Hyundai Motor Group's U.S. plants and expand sales to other automakers. The partnership includes prearranged terms for intellectual property rights, project management, research, and数据
Posco boosts green steel, chip supply chain
Posco has completed South Korea's largest electric arc furnace and launched a high-purity rare gas production plant, marking progress in its efforts toward low-carbon steelmaking and strategic semiconductor materials. The event was attended by Prime Minister Kim Min-seok and other officials. The furnace, built with a 600 billion won investment, has an annual production capacity of 2.5 million metric tons and uses recycled steel scrap to reduce carbon emissions by up to 75%. Posco is also developing a molten iron blending technology called 'haptang'.
Seoul stocks extend winning streak to 5th day on chip rally
South Korean stocks continued their five-day winning streak driven by a rise in semiconductor-related shares. The Korea Composite Stock Price Index increased by 1.58% to 8,864.24. Retail and institutional investors contributed to the upward movement, while foreign investors sold shares. Analysts noted a mix of risk-on sentiment due to the U.S.-Iran peace agreement and caution ahead of the Federal Reserve's policy meeting. A new state-run company aimed at fulfilling South Korea's $350 billion investment commitment to the U.S. is expected to launch soon, potentially boosting the shipbuilding行业.
Daewoo E&C to launch 1,032 homes in Jangwi New Town
Daewoo Engineering & Construction announced plans to launch sales for Jangwi Prugio Mark One, a large redevelopment project in northern Seoul offering over 1,000 homes. The project includes 23 residential buildings with a total of 1,931 units, of which 1,032 will be available for general sale. Most units will be located on the fifth floor or higher. The development is near Dolgoji Station and is expected to benefit from future transportation improvements.
Springtime in Pyongyang: Inside the DPRK’s post-pandemic reality
The article describes the author's experience visiting North Korea in April 2026 after a prolonged period of border closures due to the pandemic. It highlights the ongoing division of the Korean Peninsula and the unresolved status of the Korean War. The author, a bilingual Korean-born photojournalist, discusses their efforts to document North Korean history and culture through an independent journalism project.
Canada's $43b submarine choice: Korean readiness or German innovation?
South Korea's Hanwha Ocean is competing with Germany's Thyssenkrupp Marine Systems for a major Canadian naval contract worth up to CAD 60 billion ($42.88 billion). The Canadian Patrol Submarine Project (CPSP) seeks to acquire 12 diesel-electric submarines for the Royal Canadian Navy. Hanwha Ocean highlights its proven submarine design, faster delivery times, and economic benefits, while Germany emphasizes next-generation technology.
New Grammy category could boost BTS’ chances of first win
The Recording Academy has introduced five new categories for the 2027 Grammy Awards, including 'best Asian pop music performance.' This addition could increase BTS' chances of winning their first Grammy, as they are highlighted as a leading contender due to their global success. However, eligibility requires that entries include 'meaningful use' of an Asian language.
JoongAng heads to court in fight to weather debt crisis
JoongAng Group, including its affiliate broadcaster JTBC, faces financial difficulties after JTBC defaulted on a 20.6 billion won debt payment. The Seoul Bankruptcy Court will question representatives of five affiliated companies regarding their liabilities, liquidity, and potential debt restructuring plans. JTBC has requested approval for an autonomous restructuring support program, allowing it to delay formal rehabilitation proceedings for up to three months while other affiliates undergo the standard process.
[Photo News] Shinhan's super app
Shinhan Financial Group Chairman Jin Ok-dong introduced Super SOL, the group's new all-in-one financial platform, at its headquarters in Seoul. The app integrates services across Shinhan affiliates and features an AI agent that recommends and manages financial products through conversational interaction.