krtoday The latest report shows facility investment, industrial output, and retail sales losing ground in May. Ahn Sung-jin has details. Despite a strong performance in the chip sector, the month of May logged a “triple minus” for industrial output, production, and investment. According to data from Statistics Korea on Friday overall industrial production dropped by nearly … Read more
The South Korean government has requested that North Korea give prior notice before discharging water from its border dam as the peninsula enters the monsoon season. Ministry of Unification Deputy Spokesperson Kim In-ae told reporters on Friday that North Korea continues to carry out malicious and unauthorized water discharges despite the inter-Korean agreement to let … Read more
Also on the international front. Israel has resumed its attacks in the Gaza Strip, reportedly killing at least seven people. Israel, meanwhile, says that it had detected dozens of rockets fired by Hezbollah. Cha Yun-kyung has the latest. “As you can see, as you can hear! As you can hear! As you can hear! Airstrike! … Read more
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 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
The Asia-Pacific Economic Cooperation meeting will take place here in Korea next year and the southeastern coastal city of Gyeongju will be hosting the annual regional forum. Park Kun-woo takes a look at what this means in terms of the economy. Gyeongju city, former capital of the Silla Kingdom and home to some of Korea’s … Read more
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
The heatwaves continued in inland areas today, including in Seoul. The weather stayed also hot in the southern inland areas, where the heat had died down yesterday because of the rain. From tonight, the central region will see the start of the first rainy season this summer. Rain will begin on Jeju Island early tomorrow … Read more
We start with the South Korean military reiterating the failure of the North’s claim that what it launched on Wednesday was a successful test of the new multi-nuclear warhead missile. The South’s military released a video of the missile traveling in an abnormal trajectory before exploding mid-air. Our Correspondent Bae Eun-ji leads us off. This … Read more
▪ 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
