Heavy snow blanketed South Korea's capital area for the second consecutive day Thursday, with up to 40 centimeters of snowfall seen in parts of Seoul. A heavy snow advisory was in effect in all of Seoul as the accumulated snowfall reached 40.2 cm in Gwanak Ward and 27.1 cm in Seongbuk Ward. On Wednesday, Seoul saw the heaviest November snowfall since modern weather observations began in 1907, with 16.5 cm of snowfall. The record coincided with the first snow of the season in the city. Traffic wa

The Japanese cities of Osaka, Fukuoka and Tokyo emerged as the top destinations for repeat overseas travel among South Koreans, according to data from Triple, a travel platform run by Interpark. These three destinations accounted for over half of all demand for multiple visits, reflecting strong interest in tourism to Japan. Osaka topped the list with 18.6 percent of respondents reporting at least two visits, followed by Fukuoka (16.6 percent), Tokyo (15.2 percent), Bangkok, Thailand (7.9 perc

진행자: 간형우, Chelsea Proctor Jung's paternity reveal exposes where S. Korea stands on out-of-wedlock children 기사 요약: 정우성과 문가비 사이에서 태어난 아들이 조명한 혼외자에 대한 사회적 시각 [1] Actor Jung Woo-sung’s recent admission that he fathered a child with model Moon Ga-bi has reignited conversations in South Korea about societal attitudes toward children born out of wedlock. reignite: 다시 불을 지피다 wedlock: 결혼 [2] While Jung pledged to fulfill his responsibilities as a father without pursuing marriage, the public

The Sado Mines Memorial Ceremony stands as a stark reminder of the unresolved historical tensions and diplomatic missteps between Korea and Japan. What could have been a meaningful step toward reconciliation instead became a diplomatic failure, highlighting the challenges both countries face in addressing their shared past. Understanding what went wrong is crucial for avoiding similar setbacks in the future and ensuring that historical grievances do not continue to hinder diplomatic progress. In

US President-elect Donald Trump posted on his Truth Social platform Monday that on Jan. 20, as one of his first executive orders, he will sign all necessary documents to charge Mexico and Canada a 25 percent tariff on all products coming into the US. He also said that China will face 10 percent tariffs above any existing tariffs. This shows his will to implement strong protectionist trade policies right from his inauguration day. International trade rules are expected to be jolted. Trump said th

Is it all over for Basel 3.1 (or what is known in the United States as the “Basel Endgame”)? Should we kiss goodbye the Basel Committee and the very idea of global banking-supervision accords that establish minimum capital requirements? Many informed people think so. The committee’s recommendations have long been assailed from all sides, especially the western shores of the Atlantic. In 2023, emboldened -- or perhaps stung -- by the failures of Silicon Valley Bank and a few oth

More than 50 cars crashed into each other on an icy road in Wonju, Gangwon Province, injuring 11 people as record heavy snow hit the country on Wednesday. The crash occurred at 5:49 p.m. on National Route 409, between Manjong and Simpyeong intersections in Wonju, according to the Gangwon Fire Headquarters. The accident began when a Matiz compact car skidded to a stop on a downhill stretch of a highway. The vehicles that followed were unable to stop because the road was icy and collided in a ch

Foreign Minister Cho Tae-yul said Wednesday he takes "full responsibility" for the controversy over Japan's memorial ceremony for Korean wartime forced labor victims, expressing regret over Tokyo's failure to honor the promises it made to the international community. Criticism emerged after Japan hosted the event for Sado mine forced laborers earlier this week, which failed to properly acknowledge the victims or the site's full history of forced mobilization of labor dur

SK hynix on Wednesday announced plans to increase dividend payouts by 25 percent per share by 2027 as part of a broader strategy to boost corporate value amid the chipmaker's rapid growth in the artificial intelligence chip market. As part of its new shareholder return program, the company will raise annual dividends to 1,500 won ($1.08) per share over the next three years, up from the current 1,200 won. This will result in a total annual dividend payout of approximately 1 trillion won, SK

Lotte Group, one of South Korea's largest conglomerates, said Wednesday it will provide Lotte World Tower in Seoul as collateral for the corporate bonds of its financially-strapped chemical unit in an effort to address market concerns about a potential liquidity crisis. In a regulatory filing, the group said it will use the 123-story supertall skyscraper, one of its key assets worth 6 trillion won ($4.31 billion), as additional collateral for bonds issued by Lotte Chemical Corp. A bondholde

Seoul subway Line No. 2 was delayed over 20 minutes during morning rush hour due to a conductor taking an urgent toilet break on Monday, according to Seoul Metro. The conductor who was driving a train on the outer lane of the circular route had to leave the train urgently to use the toilet in a station at 8:11 a.m. While an engineer watched the train, the conductor ran down the platform and returned in 4 minutes 16 seconds after using the restroom on another floor. However, the 125 trains follow

President Yoon Suk Yeol met with a delegation from Ukraine led by the country's Defense Minister Rustem Umerov on Wednesday at his office in Seoul, according to Yoon's office. Yoon was quoted by the presidential office as saying that he hoped South Korea and Ukraine could find a practical breakthrough to counter the security threat posed by military cooperation between North Korea and Russia. Yoon's office did not disclose what Umerov said during his meeting with Yoon. Following t

The presidential office on Wednesday expressed concerns about the potential impact of President-elect Donald Trump's proposed tariffs on Korean businesses in Mexico and Canada, vowing proactive measures to address the risks. Sung Tae-yoon, the presidential chief of staff for policy, held an interagency meeting to assess the potential effects of Trump's pledge to levy a 25 percent tariff on all products from Mexico and Canada, along with an additional 10 percent tariff on China. Trump&#

South Korea in September saw the largest on-year increase in the monthly number of childbirths in nearly 14 years, government data showed Wednesday. According to Statistics Korea, 20,590 babies were born in September, which was 1,884 more than the same month in 2023. The on-year increase was the largest since January 2011 percentage-wise, and the most since March of 2015 in terms of the number of babies born. It was the third straight month in which 20,000 or more babies were born, with 20,601 i

The Ministry of Education approved Yonsei University's plan to conduct an additional essay test for natural sciences applicants after the original exam -- part of the 2025 admissions cycle -- was marred by a leaked question. The decision aims to resolve ongoing legal disputes over the leak and stabilize the university’s admissions process. The additional test, scheduled for December 8, comes in response to a court ruling that suspended the results of the original exam after proctors a

  Viva Republica, operator of the mobile financial service Toss, has been paving the way in shifting the dynamics of the traditional financial environment with its innovative services. With the goal of providing a full range of financial solutions through a single super app, Toss, Viva Republica has introduced a wide array of cutting-edge services, from banking and brokerage to insurance and beyond. Toss made its name in August 2021 by not charging commissions for transfers, a feat that sho

Heavy snow warnings were issued across the country as South Korea -- especially the Greater Seoul area and Gangwon Province -- experienced heavy snowfall nationwide, with more expected overnight. According to the Korea Meteorological Administration, more than 20 centimeters of snow covered parts of Seoul as of 7 a.m., Wednesday morning. Normally, a warning is issued by the KMA when snowfall is expected to reach above 20 cm within 24 hours. The last time a snowfall warning was issued by the KMA

As insurance companies grapple with finding new growth drivers, Hanwha Life has shifted its focus overseas, exploring new markets and sectors while expanding partnerships. A key milestone has been reached in Vietnam, where Hanwha Life’s local subsidiary achieved its first cumulative profit since entering the market in 2008. This marks the first such accomplishment among fully owned overseas subsidiaries of a Korean insurer. Building on this momentum, Hanwha Life aims to become the fifth-la

Several stories of police officers stepping up to provide urgently needed medical attention have been reported across the country this week. The Seoul Metropolitan Police Agency said Tuesday that a quick-thinking police officer saved a woman suffering from hypoglycemia by buying candy for her. In a video posted on the SMPA's official YouTube page, the woman can be seen falling to the floor in Geumcheon-gu, Seoul on Nov. 18, shaking and unable to communicate. A police officer from the Seoul

NewJeans' agency Ador, on Wednesday, called on its sister company Belift Lab to demonstrate a sincere and respectful approach to the recent workplace harassment allegations involving member Hanni. The demand came just one day before the deadline for NewJeans’ ultimatum that Ador “rectify all major contract violations within 14 days” or they will terminate their exclusive contracts with the agency. Among the conditions listed in NewJeans’ certification of contents sen