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Kia to invest $33 bil. by 2030 to boost future mobility competitiveness

Published: April 9, 2026 07:07

Kia, Korea's second-largest automaker, said Thursday it will invest 49 trillion won ($33 billion) in facilities and research and development (R&D) through 2030 to strengthen its position in future mobility. The planned investment for 2026-2030 represents…

Lee urges swift measures to ensure safe return of Korean vessels from Hormuz Strait

Published: April 9, 2026 07:07

President Lee Jae Myung on Thursday instructed his aides to devise "thorough and preemptive" measures on the Middle East conflict, calling the safe return of Korean vessels stranded in the Strait of Hormuz the most urgent task. Lee told a meeting with…

Galleries Art Fair marks 50 years with record exhibitor lineup, new talents

Published: April 9, 2026 07:07

Korea’s oldest art fair opened its doors Thursday with its largest edition yet, signaling renewed confidence in the country’s art market despite lingering concerns over a broader slowdown. The 44th Galleries Art Fair is being held at Seoul's Coex and will…

Fire breaks out on Navy submarine under repair at Ulsan shipyard; 1 missing

Published: April 9, 2026 07:07

A fire broke out on a Navy submarine undergoing maintenance at a shipyard in the southeastern city of Ulsan on Thursday, leaving one person missing, officials said. The fire began on the vessel at the shipyard operated by HD Hyundai Heavy Industries at…

Hanwha Aerospace signs MOU with Indra Group for Latin American defense cooperation

Published: April 9, 2026 07:07

Hanwha Aerospace has signed a memorandum of understanding (MOU) with Spain’s Indra Group to jointly offer armored vehicle solutions for the Chilean Army and expand cooperation across Latin America. The signing ceremony was held during the FIDAE 2026…

IBK workers uneasy over politicians' push to relocate bank to Daegu

Published: April 9, 2026 06:07

A renewed push by politicians to relocate the headquarters of the state-run Industrial Bank of Korea (IBK) to the southeastern city of Daegu is raising concerns among bank employees, labor union officials said Thursday. The proposal has gained traction…

Special counsel raids home, office of ex-senior presidential security aide over alleged martial law role

Published: April 9, 2026 06:07

A special counsel team has raided the home and office of a former senior presidential security aide over his alleged role in former President Yoon Suk Yeol's martial law bid, legal sources said Thursday. Former Principal Deputy National Security Adviser…

BTS launches 'ARIRANG' world tour in Goyang, kicking off record-breaking global run

Published: April 9, 2026 06:07

BTS will open its world tour at Goyang Stadium on Thursday, with additional shows scheduled for Saturday and Sunday, marking the start of what the group's label described as the largest concert tour by a Korean act. The tour, which supports the group's…

Hanwha Aerospace partners with Spain's Indra Group for Chile's armored vehicle project

Published: April 9, 2026 06:07

Hanwha Aerospace said Thursday it has partnered with Spain's defense company Indra Group to collaborate on a military project in Chile. The two companies signed a memorandum of understanding (MOU) on Wednesday (local time) during this year's International…

ICT minister, telecom CEOs pledge trust, cheaper 5G, AI network investment

Published: April 9, 2026 06:07

Deputy Prime Minister and Science and ICT Minister Bae Kyung-hoon and the CEOs of three major telecom companies — SK Telecom, KT and LG Uplus — issued a joint declaration Thursday, pledging to restore public trust, deliver tangible benefits such as cheaper…

POSCO draws backlash over plan to directly hire subcontracted workers

Published: April 9, 2026 06:07

Controversy is growing over POSCO’s plan to directly hire around 7,000 subcontracted workers performing manual labor at its plants in Pohang, North Gyeongsang Province, and Gwangyang, South Jeolla Province. While existing employees criticized the decision…

Lee says time to fundamentally change economic system over fallout from Mideast war

Published: April 9, 2026 04:57

President Lee Jae Myung said Thursday it is time for the nation to fundamentally change its economic system, as rising oil prices and inflationary pressures from the war in the Middle East have dampened prospects of an economic recovery. However, Lee urged…

LG Electronics targets Asia-Pacific growth with lifestyle products, subscription services

Published: April 9, 2026 04:57

LG Electronics is stepping up its push into the Asia-Pacific region with a lineup of premium home appliances and AI-connected service offerings. The company is holding LG InnoFest 2026 APAC, which began Wednesday, in the southeastern port city of Busan…

Samsung Display's QD-OLED monitor panels surpass 5 mil. cumulative shipments

Published: April 9, 2026 04:57

Samsung Display said Monday its QD-OLED panels for monitors surpassed 5 million cumulative units shipped in March, roughly four years after the technology entered mass production. The company said it achieved the first 1 million units shipped as of May…

Trump says US military to stay around Iran, threatens action if Tehran fails to comply with deal

Published: April 9, 2026 04:57

WASHINGTON — U.S. President Donald Trump said on Wednesday its military ships and aircraft will remain around Iran and threatened that the U.S. will start "shooting" again unless Tehran fully complies with the deal reached with Washington. "All U.S. Ships,…

Starbucks Korea expands 'Focus Zone' locations near university campuses

Published: April 9, 2026 04:57

Starbucks Korea is expanding its designated “Focus Zone” concept across its locations near university campuses, catering to customers who use cafes as dedicated spaces for studying or remote work. The company said the Focus Zone is a dedicated area within…

Biglink AI reshapes insurance marketing with hyper-personalized chatbot

Published: April 9, 2026 03:47

Biglink AI is transforming marketing practices in the traditionally face-to-face insurance and financial sales sectors by leveraging artificial intelligence (AI) that generates customer-specific personas and learns individual agents’ sales scripts. In an…

From curiosity to contribution, Indian economist reflects on Seoul Honorary Citizenship

Published: April 9, 2026 03:47

When Gouranga Das first turned his attention to Korea, it was purely academic. A development economist trained in India, Australia and the United States, he was drawn to the country's extraordinary postwar growth — the so-called "Miracle on the Han River"…

Jeonbuk Nat'l University researchers trace brain’s fatal decay to ‘iron death’

Published: April 9, 2026 02:52

Researchers in Korea have uncovered a key mechanism behind prion diseases, rare brain disorders caused by misfolded proteins that destroy nerve cells and are almost always fatal. The study, led by Jeong Byung-hoon at Jeonbuk National University, found that…

Neolithic, Bronze Age relics of salt-producing facilities found in N. Korea: KCNA

Published: April 9, 2026 02:52

Remains of salt-producing facilities dating to the Neolithic and Bronze Age have been found in North Korea's southwestern city of Nampho, state media said Thursday. Remains of salt-storing and processing facilities were found in two different cultural…

Gov't to exempt owners of multiple homes from heavier tax if they sell by May 9

Published: April 9, 2026 02:52

The government will exempt owners of multiple homes from higher capital gains taxes should they file for sales permits by May 9, the finance ministry said Thursday. The move follows President Lee Jae Myung's directive earlier this week to introduce…

ENHYPEN’s Heeseung rebrands as EVAN after exit, unveils raw new identity

Published: April 9, 2026 02:52

Former ENHYPEN member Heeseung has taken a striking turn in his career, reintroducing himself as a solo artist under a new name — EVAN. The artist opened official social media channels Wednesday and revealed his first profile photos, signaling a fresh…

Economic volatility 'somewhat' eases after US-Iran ceasefire: finance minister

Published: April 9, 2026 01:37

Finance Minister Koo Yun-cheol said Thursday that volatility in the financial and foreign exchange markets has "somewhat eased" following a two-week ceasefire between the United States and Iran. Following the announcement that U.S. President Donald Trump…

Cuban president congratulates N. Korea's Kim on reelection as top leader

Published: April 9, 2026 01:37

Cuban President Miguel Diaz-Canel has congratulated North Korean leader Kim Jong-un on his reelection as the country's top leader and reaffirmed Cuba's commitment to strengthening ties with Pyongyang, the North's state media said Thursday. "I affirm that I…

Samsung family completes inheritance tax payments with Hong Ra-hee share sale

Published: April 9, 2026 01:37

Hong Ra-hee, the widow of late Samsung Group Chairman Lee Kun-hee, has sold a stake in Samsung Electronics worth nearly 3.1 trillion won ($2.1 billion) to complete the payment of inheritance taxes on assets left by the late tycoon, industry sources said…

Asset managers race to roll out space-themed ETFs ahead of SpaceX IPO

Published: April 8, 2026 23:12

Korean asset managers are rushing to roll out U.S. aerospace-themed exchange-traded funds (ETFs) ahead of the widely anticipated initial public offering (IPO) of Elon Musk's SpaceX in June, industry officials said Wednesday. Shinhan Asset Management said…

US, Iran to hold 1st round of talks on peace deal in Pakistan on Saturday: White House

Published: April 8, 2026 23:12

WASHINGTON -- The United States and Iran will have the first round of their negotiations in Pakistan this weekend to end their war, the White House said Wednesday, a day after they agreed to a two-week ceasefire. During a press briefing, White House press…

Trump mulls punishing some NATO members over lack of support during Iran war: WSJ

Published: April 8, 2026 23:12

WASHINGTON -- U.S. President Donald Trump's administration is considering punishing some members of the North Atlantic Treaty Organization (NATO) that he perceives as unhelpful to the United States during the Iran war, a report said Wednesday. Citing U.S.…

N. Korea says test-fired tactical ballistic missile tipped with cluster bomb warhead

Published: April 8, 2026 23:12

North Korea said Thursday that it has test-fired a tactical ballistic missile tipped with a cluster bomb warhead, claiming it can "reduce to ashes any target" within its range with the highest-density power. North Korea fired the surface-to-surface missile…

Netanyahu says Israel ready to 'return to battle at any moment' against Iran

Published: April 8, 2026 19:07

JERUSALEM — Israel's Prime Minister Benjamin Netanyahu said Wednesday that Israel remains prepared to confront Iran if necessary, despite a truce reached between the United States and Iran. "Let me be clear: We still have objectives to complete, and we…

'Ketamine Queen' gets 15 years in prison for selling Matthew Perry drugs that killed him

Published: April 8, 2026 19:07

LOS ANGELES — A federal judge on Wednesday handed down a sentence of 15 years in prison to a woman who pleaded guilty to selling “Friends” star Matthew Perry the ketamine that killed him in 2023. “You’re going to have to show some epic resilience,” Judge…

You aren't the only one who just sits in the car before or after a long day

Published: April 8, 2026 19:07

Have you ever pulled into the driveway of your home or a parking lot spot and just ... stayed there? Maybe it’s a few minutes, or half an hour. You might be scrolling on your phone , belting out a favorite song or just staring into the distance. Scroll…

Golf has been secondary for Scottie Scheffler of late. It's hard to know what to expect at Masters

Published: April 8, 2026 19:07

AUGUSTA, Ga. — Scottie Scheffler's son Bennett turns 2 next month, and Remy was born less than two weeks ago. Neither is old enough to understand the significance of Augusta National, the Masters and the green jacket their father sometimes wears. “(His…

Iran closes Strait of Hormuz again after Israeli attacks in Lebanon, threatening ceasefire

Published: April 8, 2026 17:47

TEHRAN, Iran — Iran closed the Strait of Hormuz again Wednesday in response to Israeli attacks against the Hezbollah militant group in Lebanon, casting doubt over whether an already precarious ceasefire to end more than a month of war will hold. The United…

Israel strikes Lebanon without warning after saying Iran ceasefire doesn't apply there

Published: April 8, 2026 16:42

BEIRUT — Israeli strikes hit several dense commercial and residential areas in central Beirut without warning Wednesday afternoon, hours after a ceasefire was announced in the U.S.-Israeli war with Iran. Lebanon’s health ministry said dozens were killed…

US, Israel, Iran agree to 2-week ceasefire as questions remain, some attacks continue

Published: April 8, 2026 16:42

TEHRAN, Iran — Iran, the United States and Israel agreed to a two-week ceasefire in an 11th-hour deal that headed off U.S. President Donald Trump's threat to unleash a bombing campaign to destroy Iranian civilization. Hours later, Iran and Gulf Arab…

K-pop greenwashing betrayal: 6,667 tons of plastic waste driven by merchandising

Published: April 8, 2026 15:32

Major Korean K-pop agencies are accused of greenwashing when promoting digital "smart albums." while maintaining aggressive marketing tactics that force fans to bulk-buy physical CDs to access fan events. Since 2021, the top four domestic entertainment…

Singer-actor Cha Eun-woo says he has paid off taxes related to evasion allegations

Published: April 8, 2026 15:32

Singer and actor Cha Eun-woo said Wednesday he has paid off all taxes at the center of allegations that he engaged in large-scale tax evasion. Cha, who is currently carrying out mandatory military service, took to social media to provide an update on the…

Traders place large $950 mil. bet on oil price falling hours ahead of ceasefire

Published: April 8, 2026 15:32

LONDON — Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire, the latest large wager on the direction of the world's most traded commodity ahead of a major policy announcement…

Israel strikes central Beirut without warning after saying Iran ceasefire doesn't apply there

Published: April 8, 2026 15:32

BEIRUT — Israeli strikes hit several dense commercial and residential areas in central Beirut without warning Wednesday afternoon, hours after a ceasefire was announced in the U.S.-Israeli war with Iran. Lebanon’s health ministry said dozens were killed…

Oil plunges toward $95, Dow surges 1,000 in worldwide rally after Iran ceasefire

Published: April 8, 2026 15:32

NEW YORK — Oil prices are plunging back toward $95 per barrel, and stock markets are surging worldwide on Wednesday after President Donald Trump pulled back from his threat to force a “whole civilization” to die in the war with Iran. The S&P 500 leaped 2.1…

Wall Street, global markets surge after US-Iran ceasefire sends oil prices below $100 per barrel

Published: April 8, 2026 14:22

Wall Street surged in Wednesday premarket trading as oil prices plunged below $100 after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Futures for the S&P 500 jumped 2.7 percent before the opening…

Israel strikes central Beirut without warning after saying Iran ceasefire doesn't apply there

Published: April 8, 2026 14:22

BEIRUT — Israeli strikes hit several dense commercial and residential areas in central Beirut Wednesday afternoon without warning, hours after a ceasefire was announced in the U.S.-Israeli war with Iran. Israel had said the agreement does not extend to its…

Trump may hit Korea with more tariffs if Seoul engages Iran over Hormuz transit: US expert

Published: April 8, 2026 11:57

U.S. President Donald Trump could hit back at Korea by imposing more tariffs if Seoul secures an exemption from Iran for its ships' transit through the Strait of Hormuz, a U.S. expert said Wednesday. Victor Cha, Korea chair at the Center for Strategic and…

Court dismisses North Jeolla governor's injunction request over party expulsion

Published: April 8, 2026 11:57

A court on Wednesday dismissed an injunction request by North Jeolla Province Gov. Kim Kwan-young to suspend his expulsion by the ruling Democratic Party of Korea. Kim was expelled from the party last week amid allegations that he handed out cash to 20…

Jung Ji-hoon reinvents villain archetype in ‘Bloodhounds’ Season 2

Published: April 8, 2026 09:47

Singer-actor Jung Ji-hoon, better known by his stage name Rain, takes on his first villain role as Baek-jeong, the operator of a global illegal boxing league, in Netflix series "Bloodhounds" Season 2. The high-octane action crime thriller, directed by…

Seoul races to resume transit of ships stranded in Hormuz amid US-Iran ceasefire

Published: April 8, 2026 09:47

The government is verifying whether and when 26 ships linked to Korean companies, currently stranded in the Strait of Hormuz, can resume transit following a ceasefire between the United States and Iran, according to Cheong Wa Dae and relevant ministries,…

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