News
AI bubble, won-dollar volatility, Fed policy to test Seoul's stock market in 2026
1+ hour, 48+ min ago (510+ words) Concerns over an artificial intelligence (AI) bubble, the weakening won and potential changes in U.S. interest rate policy loom as major variables " so-called "gray rhinos" " that could shake the Korean stock market in 2026, analysts said Thursday. A gray rhino is an…...
Old law protecting street vendors holds back retail giants as e-commerce booms
1+ hour, 48+ min ago (568+ words) Korea's 15-year-old law, designed to protect small, self-employed vendors in traditional street markets from large superstore chains, is now stifling offline distributors. As retailers struggle to keep up with fast-growing e-commerce platforms, calls are growing to modernize the outdated law....
Peace Corps' final Korea director outlines 6 points of leadership in book
2+ hour, 48+ min ago (238+ words) Cover of "The Long Arc of Leadership" by James E. H. Mayer / Courtesy of Praxis Legacy Press The U.S. Peace Corps sent approximately 2,000 volunteers to Korea between 1966 and 1981. James E.H. Mayer, who served as the Peace Corps" last country director for Korea, shares his…...
Hana Bank marks New Year with visits to military bases
18+ hour, 37+ min ago (384+ words) Hana Bank CEO Lee Ho-seoung, center, and bank employees pose with Maj. Gen. Yang Jin-hyuk, fifth from left, commander of the Army's 1st Infantry Division, and other military officials at Dorasan Observatory in Paju, Gyeonggi Province, Thursday. Courtesy of Hana Bank…...
Ford calls off electric vehicle development
18+ hour, 38+ min ago (14+ words) Ford calls off electric vehicle development'The Korea Times Ford calls off electric vehicle development...
Regulator seeks tighter oversight of major retail platforms
20+ hour, 1+ min ago (168+ words) Financial Supervisory Service Gov. Lee Chan-jin attends an event held at a hotel in Seoul, Monday. Yonhap Korea's financial regulator said Thursday it will move to strengthen oversight of major retail platforms in coordination with other government agencies following a…...
Mirae Asset's Korbit takeover bid signals shake-up in Korea's crypto market
20+ hour, 1+ min ago (538+ words) Headquarters of Mirae Asset Financial Group in Seoul / Courtesy of Mirae Asset Financial Group The domestic crypto market is poised for a major shake-up this year as Mirae Asset Financial Group, a heavyweight in Korea's financial investment sector, moves to…...
US claims Korea's new network law will negatively impact American tech giants' business
20+ hour, 1+ min ago (711+ words) President Lee Jae Myung reaches for a pen to sign a guestbook during a meeting with U.S. President Donald Trump at the Roosevelt Room of the White House in Washington, Aug. 25, 2025. Courtesy of White House The Donald Trump administration is intensifying…...
SK chairman calls on affiliates to ride AI wave
20+ hour, 5+ min ago (343+ words) SK Group Chairman Chey Tae-won, center, speaks during a conference at the Korea Chamber of Commerce and Industry's office in Seoul, Dec. 18. Yonhap SK Group Chairman Chey Tae-won on Thursday urged key subsidiaries in memory chips, information communication technology (ICT),…...
Gov't to spend $5.6 bil. won on science, ICT R&D this year
20+ hour, 34+ min ago (189+ words) Science Minister Bae Kyung-hoon delivers a welcoming speech at an AI event held at a COEX exhibition hall in southern Seoul, Dec. 30, 2025. Yonhap Korea's science ministry said Thursday it will invest 8.12 trillion won ($5.6 billion) this year on research and development…...