National tax revenue sees shortfall for first 5 months of 2024

A tax revenue shortfall for this year is looking certain. Data from the finance ministry released on Friday shows that tax revenue from January to May dropped more than nine-trillion won or around 6-point-5-billion U.S. dollars, which is a decrease of 5-point-7 percent on-year. The main reason is attributed to a fall in corporate tax … Read more

Naver Webtoon shares up nearly 10% after Nasdaq listing

Naver Webtoon was listed on the Nasdaq Thursday and according to pundits it made an impressive debut. Lee Seung-jae explains. Nearly 20 years ago, South Korea’s leading portal site Naver, launched its webtoon service in South Korea. And since then, webtoons have emerged as one of the most popular forms of comics around the world, … Read more

BTS Jimin drops new track ‘Smeraldo Garden Marching Band’

Military enlistment isn’t stopping the members of BTS in their musical pursuits. The group’s main dancer and lead vocalist, Jimin, released a new track on Friday afternoon, called “Smeraldo Garden Marching Band.” BTS’s agency BIGHIT MUSIC says, that the new track gives listeners a sneak peek into Jimin’s upcoming second solo album, “MUSE” which is … Read more

[FULL] AI HEADLINE NEWS 22:00 (2024-06-28)

▪ S. Korea’s military releases video footage of N. Korean missile exploding mid-air ▪ Trump and Biden face off in first TV debate of 2024 Thurs. evening in Atlanta ▪ BTS Jimin drops new track ‘Smeraldo Garden Marching Band’ ▪ S. Korea’s industrial output, spending and investment drop y/y in May ▪ NewJeans become fastest … Read more

[Weather] Rainy season all over the country this weekend

The heat was even stronger today. Temperatures in the southern parts of the country, where the heat had slowed down due to rain yesterday, also rose today. Seoul was at heatwave levels at 33 degrees Celsius. At night, the central region will see the start of the rainy season. Rain will begin on Jeju Island … Read more