India’s financial regulators boasted their fast-growing economy and young workforce at a rare investment forum held in Seoul on Friday, making a fresh overture to lure Korean investments. The event, co-hosted by Korea’s Financial Supervisory Service and the Embassy of India here, featured key officials from Indian financial regulatory bodies and drew around 140 executives from Korean financial institutions. “India is emerging as a global production hub with remarkable growth i

A large digital advertisement showing same-sex couples kissing and embracing each other was taken down four days after it began airing on the streets of Seoul's southern district of Gangnam due to a series of complaints. The 20-second dating app ad first appeared on a 6-storey digital billboard set up along the streets of Gangnam's Nonhyeon-dong on Aug. 26 under a contract that calls for the ad's airing at least 100 times a day for one year. The images showed gay and lesbian coupl

North Korea sent more than 1,000 trash-carrying balloons toward South Korea over five consecutive days, resuming its launch of trash balloons following a monthlong hiatus, according to the Joint Chiefs of Staff on Sunday. The JCS said that North Korea resumed its balloon launches at around 9 a.m. Sunday morning, just hours after it had sent around 200 trash-filled balloons toward South Korea late Saturday. “Around 50 trash balloons were confirmed to have landed in Seoul and the northern

Kim, a 25-year-old corporate worker, often wonders if others are living better lives than her. She thinks about who might be making more money, getting better recognition at work or more opportunities. When Kim feels she’s falling behind her colleagues, those her age job-wise or in her love life, she feels blue and uneasy. “I’m grateful for what I have -- working at a large conglomerate, being raised in a good family and graduating from a prestigious school. But everything alwa

The main opposition party slammed President Yoon Suk Yeol of "flattering" his Japanese counterpart, Prime Minister Fumio Kishida, accusing him of making consecutive concessions to Tokyo without securing a formal apology or compensation for its historical grievances. A day after the Japanese prime minister left Seoul, the main opposition Democratic Party of Korea on Sunday pledged to revise rules to stop comfort women statues at home and abroad from being defaced or meddled with, withou

With the growing trend of beer festivals across Seoul, many districts are joining the movement, with Seorim Happiness Beer Festival in Gwanak-gu and Baekmaek Festival in Gangbuk-gu having concluded their two-day events on Saturday. By the end of this year, over half of Seoul’s 25 districts will have hosted or sponsored beer festivals, reflecting a wider city initiative to boost nightlife and promote local food culture. While beer festivals have long been popular in regions with cultural ti

While South Korean regulators maintain a wary eye against short selling, the prolonged ban and imposing stricter guidelines on the practice could drive foreign investors away from the local equity market, experts said. Following heavy market fluctuations, local regulators enforced a complete ban on short selling in November. Short selling is a trading strategy that involves borrowing and selling stocks expected to decline in price. The halt, initially set to last until June, has been prolonged

The German frigate Baden-Wurttemberg and replenishment ship Frankfurt am Main arrived in Incheon on Friday as part of the Indo-Pacific Deployment 2024, a key German maritime defense diplomacy initiative in the region. Before reaching Incheon, the ships played a role in monitoring the United Nations arms embargo against North Korea, said the German Embassy in a press release Friday. The ships leave Incheon on Tuesday, it added. According to the embassy, the deployment aligns with the mission of t

Celltrion Group Founder and Chairman Seo Jung-jin has announced plans to expand the company's pharmaceutical production facilities either in South Korea or abroad as part of its strategy to enter the contract development and manufacturing organization sector. The biosimilar giant also aims to commercialize a total of six new drug pipelines by the end of 2029. "Expanding manufacturing facilities is crucial for securing production capacity and ensuring a sustainable future," Seo rep

A taxi driver who was stripped of his license for overcharging foreign national passengers three times in one year took his case to court, claiming it was "unfair," but the court rejected his appeal, according to local media outlets Sunday. A Seoul Administrative Court judge dismissed the lawsuit filed by a taxi driver, who had challenged the Seoul city government's decision to revoke his taxi license. Most recently, in February last year, the taxi driver dropped off a foreign c