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News

The Herald Business
mbiz.heraldcorp.com > article > 10871633

Yong's withdrawal shakes confirmation hearings as parties train fire on Kim Seung-won

8+ hour, 34+ min ago   (390+ words) Democratic Party moves to shield Justice Ministry nominee after clearing Yong hurdle; PPP vows to press for second scalp The withdrawal of Yong Hye-in as nominee for minister of gender equality and family on Sunday has thrown the confirmation hearing…...

The Herald Business
mbiz.heraldcorp.com > article > 10871599

After Yong Hye-in, is Kim Seung-won next? PPP says he's '2026's Cho Kuk"

9+ hour, 39+ min ago   (424+ words) PPP: hiring of 'best friend' judge's son mirrors Cho Kuk scandal With Gender Equality and Family Minister nominee Yong Hye-in having effectively stepped down Sunday, opposition attention is now converging on Justice Minister nominee Kim Seung-won. The People Power Party…...

The Herald Business
mbiz.heraldcorp.com > article > 10870771

Young Koreans say they're drinking less??? but they're still buying 'tasty' alcohol

11+ hour, 37+ min ago   (339+ words) Younger drinkers seek fruit and sparkling flavors over hard liquor Terra Sparkling sells 2.8 million cans; convenience stores join the trend At around 9 p.m. Thursday, Hayan-jip in Jung-gu, Seoul, was packed with college students in their 20s. The bar is known for serving…...

The Herald Business
mbiz.heraldcorp.com > article > 10871580

Seoul lawmaker calls for expanded Korea-Bhutan cultural tourism ties

10+ hour, 22+ min ago   (349+ words) Buddha statue procession winds from Namsangol Hanok Village to Chungjungsa Temple Bhutan Gallery relocation creates new cultural exchange hub near Namsan Lawmaker pledges to support ongoing tourism and cultural ties in Pildong-Namsan area A new cultural exchange space introducing Bhutan's…...

The Herald Business
mbiz.heraldcorp.com > article > 10871507

Samsung C&T wins W512.2b Yeouido Mokhwa apartment reconstruction contract, proposes 'Raemian Y'nity"

12+ hour, 28+ min ago   (272+ words) Community facility of 3,746 square meters and landscaped space of 2,640 square meters planned Samsung C&T's construction division has won the contract to rebuild the Mokhwa apartment complex in Yeouido, Yeongdeungpo-gu, Seoul, in a project valued at about 512.2 billion won ($383 million)....

The Herald Business
mbiz.heraldcorp.com > article > 10871645

Bundang apartment prices surge 29.5% in a year as reconstruction hopes and new builds cross W2b mark

8+ hour, 20+ min ago   (642+ words) Apartment prices in Bundang-gu, Seongnam, Gyeonggi Province — once celebrated as the premier residential district in the greater Seoul area — are climbing sharply again. Older complexes are posting transaction prices hundreds of millions of won higher than a year ago on…...

The Herald Business
mbiz.heraldcorp.com > article > 10870908

Seoul-Land Ministry talks on pause as Yongsan Park housing plan drifts

7+ hour, 56+ min ago   (311+ words) Third meeting between Oh Se-hoon and Kim Yun-deok shrouded in uncertainty Ministerial change adds new variable, pushing schedule back Efforts to reach an agreement on housing supply at Yongsan Park have stalled after a planned third meeting between Ministry of…...

The Herald Business
mbiz.heraldcorp.com > article > 10871608

Kim Min-seok urged Yong Hye-in to step down; declining approval among voters in their 20s and 30s cited as factor

9+ hour, 14+ min ago   (231+ words) Democratic Party of Korea leader Kim Min-seok urged Yong Hye-in, the nominee for minister of gender equality and family, to voluntarily withdraw her candidacy, it has been confirmed. Yong announced her withdrawal Sunday. Kim Tae-seon, a Democratic Party lawmaker and…...

The Herald Business
mbiz.heraldcorp.com > article > 10871576

PPP spokesperson criticizes Democratic Party over youth AI budget cut, rushed votes

10+ hour, 31+ min ago   (319+ words) People Power Party says Democratic Party cut 5.62 billion won in youth AI funding Criticism also leveled at disability jobs ordinance, private school resolution 'A legislative majority does not substitute for deliberation and social consensus' The People Power Party caucus at…...

The Herald Business
mbiz.heraldcorp.com > article > 10871431

Lotte, KAIST open joint R&D center with W10b investment

13+ hour, 56+ min ago   (385+ words) - Joint research to target carbon neutrality, biotech and future food technologies - Collaboration to span basic research through prototyping and commercialization Lotte Group and KAIST have joined forces to pursue research and development in key future technologies, including carbon neutrality, biotechnology…...