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KOREA

BUSINESS

Asiana flight to Vietnam canceled as pilot union strike looms

Asiana Airlines canceled one of its international flights Sunday amid an ongoing wage dispute with its pilot union. The flights between Incheon and Ho Chi...
KOREA

Death toll reaches 33 from heavy rain, 10 still missing in Korea

The unofficial number of people who have died from the recent torrential rain is now at 34 after the body of an eighth victim...
KOREA

Asean diplomats expected to criticize North’s nuke program

Top Asean diplomats are soon expected to release a statement heavily critical of North Korea’s nuclear weapons program. “Indonesia, the chair of the Asean Regional...
BUSINESS

BOK’s Rhee warns against quick rate cut

Bank of Korea (BOK) Gov. Rhee Chang-yong on Friday advised the public not to expect a rate cut any time soon. “Do not place great...
BUSINESS

Son Heung-min tapped as new face of Samsung’s Galaxy brand

Korean football star Son Heung-min has been selected as the face of Samsung Electronics’ Galaxy brand. “Samsung Electronics is delighted to work together with Son...
KOREA

Korea and Poland sign MOUs on nuclear power, tech and Ukraine

Korea and Poland signed over 30 memoranda of understanding (MOUs) in areas including nuclear power plant cooperation, high-tech industries and the postwar reconstruction of...
KOREA

Kim Yo-jong slams UN Security Council’s meeting on North’s ICBM launch

Kim Yo-jong, the powerful younger sister of North Korean leader Kim Jong-un, slammed the United Nations Security Council on Friday for holding a meeting...
BUSINESS

21st World Korean Business Convention gears up to attract local businesses

With just over 90 days until the 21st World Korean Business Convention (WKBC), which will be held overseas for the first time, the WKBC...
BUSINESS

Bank of Korea holds rate steady at 3.5 percent

The Bank of Korea kept its policy rate unchanged Thursday for the fourth consecutive time, holding it at 3.5 percent. It was a widely expected...
BUSINESS

Korean streaming platforms face uphill battle against Netflix

“Down with Netflix!” is presumably a slogan uniting all Korean streaming platforms, but they face a harsh reality. Netflix is still ranked at the top...
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