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Shinhan Financial Group said Wednesday it will write off 500 billion won ($328 million) in delinquent debt this year and provide 4.5 trillion won in financing for vulnerable borrowers and small businesses as part of a 5 trillion won social finance initiative. The group unveiled its "Inclusive Finance 2.0 ON" program at a meeting of its Productive Finance Task Force in Seoul, positioning the plan as a broader effort to reduce financial blind spots and strengthen support for economically vulnerabl

The Korea Herald

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Berlin-Seoul techno takes center stage in Itaewon

The German Embassy in Seoul highlighted techno culture as a bridge for cultural exchange and creative collaboration between Berlin and Seoul on Tuesday. The event, held at a club in Itaewon as part of the embassy’s “Techno Diplomacy” initiative, drew more than 150 club operators, DJs, artists and cultural practitioners. Discussions focused on how techno clubs can serve as creative and community spaces beyond nightlife, featuring speakers Lutz Henke, Norbert Bisky, Joon Kwak and Bada. “Berlin tec

[Desmond Lachman] Bad news for Republicans

American Democratic political strategist James Carville famously dictated a mantra for Bill Clinton’s successful 1992 presidential campaign: “It’s the economy, stupid.” That’s true in this November’s midterm election as well, and US President Donald Trump’s Republican Party would seem to be in for a shellacking. Not only has Trump failed to deliver on the economic promises he made during his 2024 election campaign. He also keeps making the same mistake that President Joe Biden did. By insisting

The Korea Herald

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Getting married soon? Some Koreans say skip the funeral

Every wedding season, online communities for newlyweds in Korea buzz with a familiar question: Is it a bad idea to attend a funeral before my wedding? Rooted in a traditional belief that attending a funeral before major life events can bring bad luck, the superstition remains surprisingly resilient among young Koreans even in 2026. In a recent post on Blind, an anonymous online community for office workers, a man set to marry later this month said he had an argument with his fiancee after attend

The Korea Herald

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Ateez fills 14th EP with self-written songs

Ateez posted the full tracklist for its 14th mini album, “Golden Hour: Part 5,” on Friday via agency KQ Entertainment. The upcoming set will comprise five tracks, including the lead single “Bad.” Hongjoong and Mingi participated in writing lyrics for all songs that underline the range of the eight-member act’s music spectrum. The EP will be released on June 26, about four months after the previous EP, which hit the Billboard 200 at No. 3 and sold over 1.5 million copies in one week. Two days aft

The Korea Herald

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BTS won artist of the year at the 52nd American Music Awards on Monday, marking the group’s second victory in the ceremony’s top category. The group received the award after returning as a full group earlier this year with its fifth studio album, “Arirang,” following the completion of all seven members’ military service. BTS claimed the award over fellow nominees including Taylor Swift, Bruno Mars, Bad Bunny and Lady Gaga, underscoring the group’s continued global influence. The win also marked

The Korea Herald

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BTS eyes top prize again at American Music Awards

K-pop supergroup BTS is seeking to clinch its second Artist of the Year award, considered the top honor, at the American Music Awards as the ceremony takes place in Las Vegas on Monday (US time). The septet is nominated in three categories this year, including the flagship Artist of the Year award, where it will compete against global stars, such as Bad Bunny, Bruno Mars and Taylor Swift. BTS will attend the ceremony at the MGM Grand Garden Arena for the first time in five years, having last app

[Lim Woong] Discerning the difference: Good AI vs. bad AI

In the early innings of a technological shift, the public narrative is almost always fear and “pushback.” We fret over video games that swallow adolescents’ interest in books, internet pornography that "trains" the user’s brain into compulsion, and teenagers trapped in the dopamine loops of social media. Layered atop this is the geopolitical sludge of propaganda, surveillance and industrial-scale disinformation, often orchestrated by state actors like China and Russia. Soon enough, the counter-n

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