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The Korea Herald

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OECD projects S. Korea's potential growth rate to hit record low in 2027

South Korea's potential growth rate is projected to fall to a record low next year, according to the Organization for Economic Cooperation and Development on Sunday, despite robust exports fueled by a semiconductor boom. The OECD's latest data shows the country's potential growth rate at 1.52 percent in 2027, down sharply from 1.66 percent this year. On a quarterly basis, the country's potential growth rate is expected to decline further to 1.46 percent in the fourth quarter of next year. The po

The Korea Herald

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Jensen Huang and Faker meet, celebrate mutual rise

Nvidia CEO Jensen Huang began his five-day Korea visit Friday not in a boardroom but in a packed Hongdae gaming cafe, paying tribute to the Korean gaming culture he says built his company. Fans clutching phones had massed outside T1 Base Camp, a "PC bang," or internet gaming cafe, run by esports organization T1 in the Hongik University area of western Seoul. Staff held them back from the corridor and EDM pulsed through the venue. Huang, fresh off his 1 p.m. arrival at Gimpo International Airport

The Korea Herald

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문화/연예

'Teach You a Lesson' is ready for its Netflix debut after years of controversy

"Teach You a Lesson" had already become one of Netflix Korea's most controversial projects long before its release. Now, it's finally heading to screens. The series follows a special organization established to defend Korea's troubled education system from disruptive students, abusive parents and unethical teachers. It promises a highly cathartic blend of action and social commentary, centered on officials who intervene when conventional systems fail to protect victims. Yet the conversation surr

The Korea Herald

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IT/기술

Nvidia's Jensen Huang to make Faker his first stop in Seoul

Nvidia CEO Jensen Huang will head straight from the airport to a Seoul gaming cafe Friday to meet Faker, the League of Legends icon he once cheered for from the stage. Huang, set to land at Gimpo International Airport at around 1 p.m., will visit T1 Base Camp, a "PC bang," or internet gaming cafe, run by esports organization T1, according to industry sources — making the gaming powerhouse his first stop ahead of a dinner with the country's top business leaders. There he will meet all five starte

The Korea Herald

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[Lee Byung-jong] Global organizations and Korea

As a professor who teaches subjects related to multilateralism — such as international relations, international organizations and public diplomacy — I find myself feeling somewhat uneasy in front of my students these days. Many of them aspire to build careers on the global stage, but opportunities are shrinking as multilateralism declines worldwide. This is especially true in the wake of the second Trump administration, whose unilateral policies have led to the contraction and weakening of major

The Korea Herald

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Busan chefs join forces for exclusive dining event

Busan restaurants are collaborating to create exclusive dishes for a monthlong culinary event, the 2026 Busan Gourmet Selection. Hosted by the Busan Metropolitan Government and the Busan Tourism Organization from Thursday to June 30, the event is being held in partnership with local restaurants. Chefs from some of the city’s popular and established restaurants are teaming up to reinterpret their signature dishes or develop new creative ones. Participating restaurants range from Michelin Guide-li

The Korea Herald

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Centre Pompidou Hanwha opens in Seoul amid art-washing criticism

Centre Pompidou Hanwha opened its doors Thursday amid controversy over allegations of art-washing, with domestic and international civic groups and arts organizations criticizing Hanwha Group's partnership with the Paris-based Centre Pompidou. The criticism gained momentum after protesters staged a demonstration during the museum's press opening on May 19, raising questions about the defense conglomerate's growing involvement in the cultural sector through the Hanwha Foundation of Culture, estab

The Korea Herald

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Nvidia's Jensen Huang to throw out ceremonial 1st pitch at KBO game in Seoul

Nvidia Corp. CEO Jensen Huang will throw out the ceremonial first pitch before a South Korean baseball game in Seoul this weekend. The Doosan Bears of the Korea Baseball Organization announced Thursday that Huang will do the honors before their game against the Kiwoom Heroes at Jamsil Baseball Stadium in Seoul at 5 p.m. Sunday. The Bears said Huang will don a Bears jersey bearing No. 93, a nod to his chip company's founding year of 1993. The Bears added Doosan Group Chairman Park Jeong-won will

The Korea Herald

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OECD revises up S. Korea's 2026 growth outlook to 2.6%

The Organization for Economic Cooperation and Development on Wednesday raised South Korea's economic growth outlook for this year to 2.6 percent from 1.7 percent three months earlier, citing the country's robust chip exports amid the artificial intelligence boom. The Paris-based organization said the country's outbound shipments of chips are expected to continue driving economic growth. South Korea's exports surged 53 percent from a year earlier to a new monthly high of $87.8 billion in May, dri

KBS World (English)

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OECD Revises Up S. Korea’s 2026 Growth Forecast to 2.6% from 1.7%

[Economy] : The Organization for Economic Cooperation and Development, or OECD, has raised South Korea’s economic growth outlook for 2026 by point-nine percentage point, citing the country’s robust chip exports. The OECD released its revised outlook Wednesday, setting it at two-point-six percent for this year and ... [more...]

The Korea Herald

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UN urges world to ready for extreme heat risk from El Nino

The United Nations weather agency forecast on Tuesday a moderate or possibly a strong El Nino that could drive up global temperatures and increase the risk of extreme weather over the coming months. El Nino is a periodic warming of sea surface ‌temperatures in the central and eastern Pacific Ocean, which typically lasts between nine and 12 months, according to the World Meteorological Organization. The WMO said warm ocean waters were driving El Nino’s development and predicted above-average temp

The Korea Herald

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Earth is likely to break another heat record

The world has an 86 percent chance of experiencing its hottest year on record between 2026 and 2030, according to a new report released by the World Meteorological Organization. The report, known as the Global Annual to Decadal Climate Update 2026-2035, was led by the UK Met Office and incorporated 250 climate model projections from 13 institutions worldwide, including the Korea Meteorological Administration. The WMO projected that the global average near-surface temperature from 2026 to 2030 wi

The Korea Herald

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[Jim Nowlan]Dark money in US elections

American political party organizations have imploded in the post-World War II era, largely replaced by dark money from unknown donors. The party vacuum is ominous for a healthy democracy, because voters are left without stable cues about how to vote. There are options that could — it won’t be easy — strengthen parties and diminish the impact of dark money. The traditional political party has four roles: establish and promote a platform; recruit candidates to seek election on that platform; condu

The Korea Herald

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NIS to draw up rules on tackling transnational crime

South Korea’s spy agency plans to establish new rules to respond to growing transnational crimes, including drug trafficking, scams and cyber gambling. The National Intelligence Service said Tuesday it has issued an advance notice of a proposed decree on response procedures against international criminal organizations and will collect public opinions until July 13. The NIS said the measure aims to strengthen its response to crimes that increasingly threaten public safety and national security. T

The Korea Herald

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Hyosung supports descendants of independence fighters in Uzbekistan

Hyosung Group said Tuesday it has donated to the international children's rights organization Good Neighbors to support descendants of Korean independence activists living in Uzbekistan. The donation, made ahead of Korea's National Patriots and Veterans Month in June, is intended to honor independence fighters who devoted their lives to the nation's liberation and support their descendants. The program will assist 33 descendants and ethnic Koreans from 13 households in Uzbekistan. Hyosung and Go

The Korea Herald

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Moderna and other groups get $60 million to develop Ebola vaccine

Global health organization CEPI will give roughly $60 million to Moderna and two other groups to ‌accelerate the development of shots against Ebola Bundibugyo, the deadly virus that has swept through eastern Congo. The Coalition for Epidemic Preparedness Innovations was one of the early investors that helped to develop a vaccine at the height of the COVID-19 pandemic. Richard Hatchett, head of CEPI, told Reuters on Monday it was ‌possible to get Ebola Bundibugyo (BDBV) vaccines ready for trials

The Korea Herald

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스포츠

Eric Thames happy to be back in 'second home'

You can take Eric Thames out of South Korea, but you cannot take South Korea out of the former slugger. Thames, the 2015 MVP for the NC Dinos in the Korea Baseball Organization, is back in a country he calls "my second home" this week. On Monday, he helped launch MLB Breakfast Club, a new big league initiative targeting MLB fans in South Korea watching big league action in the morning, thanks to the time difference. Thames was one of three former players with dual MLB and KBO ties, joined by Sou

The Korea Herald

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S. Korea, African foreign ministers launch first ministerial meeting amid global uncertainty

South Korea on Monday hosted its first ministerial meeting with 50 African nations, bringing representatives from the countries together as Seoul seeks to strengthen ties with a continent of growing strategic importance amid global supply chain disruptions and geopolitical uncertainty. Held under the theme "Partnership for Joint Responses to Global Challenges," the gathering drew delegates from 50 out of 54 African countries as well as four regional organizations, including the African Union and

The Korea Herald

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Naver launches defense AI task force in Palantir-style push

Naver Cloud, the cloud computing arm of Korea's IT giant Naver, is creating a dedicated task force for defense artificial intelligence, as the company moves to expand its presence in the sovereign AI market. According to industry sources on Monday, Naver Cloud will launch a defense AI transformation task force the same day. The move marks Naver’s first separate organization dedicated solely to defense AI. The task force will be led directly by Naver Cloud CEO Kim Yu-won. It will seek AI and clou

The Korea Herald

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WHO chief visits Congo in Ebola outbreak

BUNIA, Congo (AP) — The head of the World Health Organization on Saturday visited eastern Congo’s Bunia, a city at the heart of an outbreak of a rare type of Ebola, where the virus is spreading faster than the response despite better-organized health facilities and new aid arrivals. WHO Director-General Tedros Adhanom Ghebreyesus stressed the importance of building community trust, ensuring safe burials to prevent the spread of the outbreak and urged countries to reconsider travel bans and borde

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OECD projects S. Korea's potential growth rate to hit record low in 2027

Jensen Huang and Faker meet, celebrate mutual rise

'Teach You a Lesson' is ready for its Netflix debut after years of controversy

Nvidia's Jensen Huang to make Faker his first stop in Seoul

[Lee Byung-jong] Global organizations and Korea

Busan chefs join forces for exclusive dining event

Centre Pompidou Hanwha opens in Seoul amid art-washing criticism

Nvidia's Jensen Huang to throw out ceremonial 1st pitch at KBO game in Seoul

OECD revises up S. Korea's 2026 growth outlook to 2.6%

OECD Revises Up S. Korea’s 2026 Growth Forecast to 2.6% from 1.7%

UN urges world to ready for extreme heat risk from El Nino

Earth is likely to break another heat record

[Jim Nowlan]Dark money in US elections

NIS to draw up rules on tackling transnational crime

Hyosung supports descendants of independence fighters in Uzbekistan

Moderna and other groups get $60 million to develop Ebola vaccine

Eric Thames happy to be back in 'second home'

S. Korea, African foreign ministers launch first ministerial meeting amid global uncertainty

Naver launches defense AI task force in Palantir-style push

WHO chief visits Congo in Ebola outbreak