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The Korea Herald

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Lee Jun-seok calls for National Assembly probe into ballot shortages

Rep. Lee Jun-seok, chair of the minor conservative Reform Party, on Friday called for a parliamentary investigation into ballot shortages reported during Wednesday's local elections. Lee urged both the ruling Democratic Party of Korea and the main opposition People Power Party to take a clear position on the issue, including the possibility of holding reelections. In a Facebook post, Lee said the ruling party should immediately accept a National Assembly probe, while the People Power Party shoul

The Korea Herald

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정치

[Breaking] Ruling party heavyweight to be elected Gyeonggi governor: exit poll

Democratic Party of Korea candidate Choo Mi-ae, who has served six terms as a lawmaker in the National Assembly, is expected to win the election for governor of Gyeonggi Province, according to an exit poll on Wednesday. The survey showed Choo on course to beat People Power Party candidate Yang Hyang-ja and Reform Party candidate Cho Eung-cheon, with 60.4 percent of votes. The exit poll was run by the Korea Election Pool, a body comprising representatives of the Korean Broadcasters Association an

The Korea Herald

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[Minju Chung] Korea’s Carbon Neutrality Act reforms

As a teenager, imagining the world 30 years from now no longer stirs the familiar anxiety of whether I'll land a good job or build a loving family. The fear runs deeper than that — whether the world will even be livable. With the threats of climate change mounting and political commitment to address them steadily eroding, the lives of future generations are genuinely at stake. Korea is currently attempting to protect the fundamental rights of those future generations through an ongoing reform of

The Korea Herald

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Korea's bestselling soju lowers alcohol content

South Korean liquor-maker HiteJinro announced Tuesday that it will lower the alcoholic content of its flagship soju brand, Chamisul Fresh, from 16 percent to 15.7 percent to better align with changing consumer preferences. Chamisul Fresh is the No. 1 soju brand by domestic sales. This update follows the brand's last reformulation two years and four months ago. The refreshed Chamisul Fresh will be available nationwide through distribution channels starting in mid-June. The company stated that thi

The Korea Herald

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Lee Jun-seok warns of legal action over fake Chinese-language election poster

Rep. Lee Jun-seok, chair of the minor conservative Reform Party, has warned of legal action against people who circulated an election poster of his party's candidate translated into Chinese. Writing on his Facebook page Tuesday, Lee said that everyone involved in the circulation of the translated image would face legal consequences. "Those who posted and circulated false claims that the Reform Party's candidate (Kim) had been spreading his poster in Chinese language after using the official elec

The Korea Herald

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From discount to premium 저평가에서 고평가로

A market that leaps on reform rhetoric only to falter a day later is not yet a premium market. At Wednesday’s meeting on capital market stability and normalization, President Lee Jae Myung tried to shift the narrative from the familiar “Korea discount” to the promise of a “Korea premium,” a phrase that has long captured both ambition and frustration in Korean finance. 혁신이라는 수사에 힘입어 반등했지만 하루만에 흔들리는 시장을 고평가하기는 아직 이르다. 수요일 자본 시장 안정과 정상화 회의에서 이재명 대통령은 익숙해진 "코리아 디스카운트"에서 "코리아 프리미엄"이라는 희망으로 흐름을 전환하고자

The Korea Herald

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IT/기술

Kospi rally goes beyond Samsung, SK hynix: JP Morgan

JPMorgan Chase & Co. Asia equity and quant strategist Mixo Das says South Korea's stock rally still has room to run, as the artificial intelligence-driven memory cycle, earnings upgrades and governance reform continue to support the bank's most bullish regional market call. In a May 10 report titled "Embracing the AI momentum; Kospi 10K?" Das and his team raised JPMorgan's Kospi base, bull and bear targets to 9,000, 10,000 and 6,000, respectively, only weeks after lifting them to 7,000, 8,500 an

KBS World (English)

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New Fed Chief Kevin Warsh Stresses Independence at Swearing-In

[Economy] : Kevin Warsh officially took office as the new chair of the U.S. Federal Reserve on Friday local time. Warsh stressed the Fed’s independence and the need for reform during his swearing-in ceremony at the White House. He said the Fed’s mission is to promote price stability and maximum ... [more...]

한국은행 보도자료

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Fourth-design 100-hwan Note

With the launch of the new government after the April 19 revolution in 1960, Bank of Korea issued a newly designed banknote as an embodiment of building a new economic order. The third-design 1,000-hwan note was issued in 1960, the third-design 500-hwan note in 1961, and the fourth-design 100-hwan note in 1962. As part of the First Five-year Economic Development Plan, this 100-hwan note accepted the design theme of a mother and her son holding a bankbook to encourage saving and a sense of thrift. Both the front and back of the note featured pure Korean letters without using Chinese characters. However, this note took out of circulation in only 20 days due to the currency reform on June 10, 1962, being the shortest-lived currency since Bank of Korea started to issue banknotes.

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Lee Jun-seok calls for National Assembly probe into ballot shortages

[Breaking] Ruling party heavyweight to be elected Gyeonggi governor: exit poll

[Minju Chung] Korea’s Carbon Neutrality Act reforms

Korea's bestselling soju lowers alcohol content

Lee Jun-seok warns of legal action over fake Chinese-language election poster

From discount to premium 저평가에서 고평가로

Kospi rally goes beyond Samsung, SK hynix: JP Morgan

New Fed Chief Kevin Warsh Stresses Independence at Swearing-In

Fourth-design 100-hwan Note