[Herald Interview] 'Tiny Desk Korea,' a small production with big goals

A small office filled with albums, books and LPs, a singer performing in a modest setup without any special effects or lighting — these are the images that come to mind when thinking of "Tiny Desk Concerts." "Tiny Desk Concerts," adapted from a popular National Public Radio segment in the United States that began in 2008, strives to capture the essence of music across genres and generations. Kang So-yeon and Kim Hee-won, project managers at South Korea's telecommun

PerformanceJuly 29, 2024

Coupang marks Rocket Luxury’s 1st year with special event

Coupang announced Monday that it will hold a special event to mark the first anniversary of its luxury beauty section, "Rocket Luxury," running until Sunday. The event features 21 brands available on Rocket Luxury -- including Estee Lauder, MAC, Bobbi Brown, Clinique and Biotherm -- highlighting a large number of bestsellers that have been highly popular over the past year. Exclusive perks are offered to Coupang's Wow members: Free gifts are given with the purchase of beauty items

IndustryJuly 29, 2024

[Photo News] Sweet collaboration

Samsung Electronics on Monday unveiled its latest collaboration with US chocolate maker Hershey’s for its mobile device accessories from cases for foldable phones to watch straps. Starting from Korea, the products are set to hit shelves in overseas markets, including the US, Japan, Indonesia and the Philippines, in phases in the coming weeks. (Samsung Electronics)

IndustryJuly 29, 2024

Renault Grand Koleos caters to fuel-efficient family car market

Renault Korea’s latest mid-size hybrid SUV, the Renault Grand Koleos, is showing a promising start following its debut at the 2024 Busan Mobility Show last month, reporting over 10,000 contracts signed within the first month. According to Renault Korea, more than half of Grand Koleos buyers are in their 40s and 50s, a demographic seeking fuel-efficient family cars. This trend reflects a broader market shift in the Korean market, where hybrid vehicles have grown significantly. According to

MobilityJuly 29, 2024

HD Hyundai Marine Solution seals $60m European vessel service deal

HD Hyundai Marine Solution, the ship maintenance unit of HD Hyundai, announced Monday that it has secured a record $60 million maintenance deal with a Euro-based vessel company. The company said it recently signed a Long Term Service Agreement with a European company, without further elaborating on the company name or other details due to the deal conditions. Under the terms of the deal, HD Hyundai Marine Solution will provide parts and equipment for 38 vessels until 2029, along with skilled eng

IndustryJuly 29, 2024

[Bills in Focus] Tax delay for virtual assets, regulating 'dark pattern'

Proposed Bill: Partial Amendment to the Income Tax Act Proposed by Rep. Song Eon-seog (People Power Party) ● Under the current Act, income from the transfer or lease of virtual assets will be classified as “other income” and be subject to taxation from January 1, 2025. This aims to achieve tax parity between physical assets, such as cash and real estate, and virtual assets, such as cryptocurrency. However, given the deteriorating sentiment towards investment in virtual assets due to

PoliticsJuly 29, 2024

Actor Son Suk-ku’s ‘Night Fishing’ wins award at Fantasia International Film Festival

South Korean actor Son Suk-ku’s 13-minute-long experimental film “Night Fishing” received the Best Editing Award at the 28th Fantasia International Film Festival, which kicked off on July 18 and continues through Aug. 4 in Montreal, Canada. The “Night Fishing” story, which unfolds from the perspective of a car’s cameras, revolves around an anonymous agent (Son) on a mission to track down an unidentified creature flying in the sky. As the sun sets, he lies in a

FilmJuly 29, 2024

LIG Nex1 acquires 60% stake in Ghost Robotics

Korean defense firm LIG Nex1 said Monday that it had acquired a 60 percent stake in Ghost Robotics, a leading US quadruped robot maker, in partnership with Korea Investment Private Equity. LIG Nex1 finalized all investment steps, including approval from the Committee on Foreign Investment in the United States, Friday. The acquisition, valued at approximately 332 billion won ($240 million), secures LIG Nex1 a 60 percent share of Ghost Robotics. Founded in Philadelphia in 2015, Ghost Robotics is k

IndustryJuly 29, 2024

Industry minister vows to expand free trade portfolio for export target of $700b

Industry Minister Ahn Duk-geun on Monday pledged to make efforts to secure additional free trade agreements with more partners to achieve the annual export target of $700 billion, and offer tailored support for key products including chips and automobiles. Ahn made the remarks during a meeting of the parliamentary committee on trade, industry, energy, SMEs and startups, noting that such measures will help the country enhance its economic security. "We will expand the export market for South

EconomyJuly 29, 2024

DP criticizes Yoon govt. as Japan's Sado gold mine gains UNESCO status

The main opposition Democratic Party on Monday criticized the government for failing to prevent a Japanese gold mine associated with Korea's wartime forced labor from being listed as a UNESCO World Heritage Site. On Saturday, the UNESCO World Heritage committee decided to add the controversial mine as a cultural heritage site after South Korea, which had initially opposed Tokyo's bid, gave last-minute consent to the listing. "The Sado mine was listed as World Heritage, backed by t

PoliticsJuly 29, 2024

Hanwha Ocean spurs innovation for greener shipbuilding

As the maritime industry navigates towards a greener future, the demand for vessels meeting stringent carbon reduction regulations is increasing in line with the International Maritime Organization's goal of carbon neutrality by 2050. With over 100,000 vessels collectively emitting nearly a billion metric tons of carbon dioxide annually, the call to action is more urgent than ever. In South Korea, Hanwha Ocean, a major shipbuilding and offshore company, is at the forefront of this environme

IndustryJuly 29, 2024

Opposition-controlled parliament unilaterally passes contentious broadcasting bill

The opposition-controlled National Assembly passed one of the four contentious broadcasting bills aimed at reducing the government's influence over public broadcasters Monday, with lawmakers of the ruling party walking out in protest. The main opposition Democratic Party led the bill's passage in a 187-0 vote after passing a motion to forcefully end a filibuster by the ruling People Power Party (PPP). The revision to the Foundation for Broadcast Culture Act aims to increase the number

PoliticsJuly 29, 2024

Seoul shares open higher on hope for US rate cut

Seoul shares opened higher Monday on hope for the US Federal Reserve's rate cut and earnings releases of major tech firms this week. The benchmark Korea Composite Stock Price Index rose 27.62 points, or 1.01 percent, to 2,759.52 in the first 15 minutes of trading. All eyes are on the US central bank's policy decision and earnings results by Apple Inc., Amazon.com Inc. and Samsung Electronics Co. The Fed is expected to cut rates as early as in September. In Seoul, tech and auto stocks l

MarketJuly 29, 2024

[Herald Interview] Jo Jung-suk says his comical acting is instinctive, result of teamwork

Jo Jung-suk, whose scene-stealing acting entertains viewers on the silver screen, said his realistic, natural and even sly comical acting is based on instinct. In upcoming comedy film “Pilot,” he plays pilot Han Jung-woo, successfully performing the comical role of a man disguising himself as a woman in a way that is neither excessive nor dull. “It’s really important to get a sense (of comical acting.) It’s hard to explain. I think (my acting) is instinctive. &helli

FilmJuly 29, 2024

Korea wins 10th consecutive gold in women's archery team event

  PARIS (Yonhap) – South Korea captured its 10th consecutive Olympic gold medal in the women's archery team event Sunday in Paris, extending the winning streak that began in its capital 36 years ago. The trio of Jeon Hun-young, Nam Su-hyeon and Lim Si-hyeon defeated China 5-4 in the set score after a nail-biting shoot-off at Invalides in Paris.   The women's team event in archery was added to the Olympics in 1988 in Seoul, and South Korea remained undefeated after holding off Chi

More SportsJuly 29, 2024

[Graphic News] Incheon Airport ranks 3rd among world’s best airports

Incheon Airport has been ranked third on the list of the World’s Best Airports by Skytrax, an international air transport rating organization. The top spots were claimed by Doha’s Hamad International Airport in Qatar and Singapore Changi Airport, respectively. This marks the first time since 2019 that Incheon has placed in the top three. Skytrax surveyed passengers from over 100 countries between August 2023 and March 2024, evaluating more than 570 airports worldwide. The criteria

World NewsJuly 29, 2024

[팟캐스트] (605) 선 넘는 아이돌 사생팬

진행자: 박준희, Chelsea Proctor Price of stardom? 기사 요약: 공항에 우르르 몰려 사진 찍는 등 케이팝 아이돌의 일거수일투족을 쫒는 극성팬들 논란 [1] Behind K-pop's rapid growth and immense popularity, there is a persistent, chronic problem that follows fame: Stalkers, often called "sasaeng" in Korea. "I am not sasaeng. I am just a genuine fan who really loves NCT," said an 18-year-old girl who wished to remain anonymous. * Immense: 엄청난, 어마어마한 * Chronic: 만성적인 * Fame: 명성 * Genuine: 진실한, 진심 어린 [2] She claims that

PodcastJuly 29, 2024

[Heidi Boghosian] Perilous to rely on tech overloads

Starting Thursday of last week with ripple effects for days afterward, a routine software update caused a record-breaking freeze across much of the world. CrowdStrike, a cybersecurity vendor deployed by Microsoft systems, installed an update that analysts say probably skipped quality testing. The result disabled an estimated 8.5 million computers in perhaps the largest cyber event in history. Affected were Microsoft-powered systems critical to the online operations of banks, hospitals, police fo

ViewpointsJuly 29, 2024

[Lee Kyong-hee] Fake peace or path to real peace?

Addressing the Republican National Convention on July 18, a few days after surviving an assassination attempt, Donald Trump said that “it’s nice to get along with someone who has a lot of nuclear weapons.” He said he got along very well with North Korea’s Kim Jong-un. “He’d like to see me back too. I think he misses me, if you want to know the truth.” Trump’s attempt to reach a breakthrough on North Korea’s nuclear arms failed to yield substa

ViewpointsJuly 29, 2024