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The Federal Reserve emphasized Wednesday that inflation has remained stubbornly high in recent months and said it does not plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2 percent target. The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of roughly 5.3 percent. Several hotter-than-expected reports on prices and economic growth have recently undercut
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National
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Seoul to more than double military drones by 2026 to counter NK threats
The Yoon Suk Yeol government on Thursday unveiled its plans to more than double its military drone fleet by 2026 to enhance the military's readiness against threats from North Korea's unmanned aerial vehicles. The meeting of the presidential Defense Innovation Committee, chaired by National Security Adviser Chang Ho-jin, focused on strategies to bolster drone capabilities directly tied to the military's readiness posture, according to President Yoon Suk Yeol's office. "O
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
May 3, 2024
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Govt. to spend W95b to support reforms at 41 public hospitals in H1
May 2, 2024
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Seoul alerts overseas missions to NK terror threats
May 2, 2024
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Medical schools to increase up to 1,509 seats for 2025
May 2, 2024
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Yoon's office to set up task force to keep growth momentum
May 2, 2024
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Public backlash against division of Gyeonggi Province under 'corny' name
May 2, 2024
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Business
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'Our HBM chips are sold out until 2025': SK hynix CEO
SK hynix on Thursday said that its high-bandwidth memory chips have already sold out until 2025, boasting its leadership in the advanced memory chip market for artificial intelligence. "Demand for ultra-fast, high-capacity and low-power memory products for AI applications is expected to see explosive growth,” said SK hynix CEO Kwak Noh-jung during a press conference held at the company’s headquarters in Icheon, Gyeonggi Province. “Our HBM chips from the 2024 output have al
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Naver Q1 net income soars 1,171.9% on growth of major businesses
May 3, 2024
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Seoul shares open higher on Wall Street gains
May 3, 2024
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KASA chief vows full support for private-led space missions
May 2, 2024
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Celltrion seeks bigger footing in South America
May 2, 2024
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LG CNS enters steel scrap market
May 2, 2024
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Seoul shares snap 3-day rise after FOMC decision
May 2, 2024
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Life&Culture
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‘Inside Out 2’ adds four new emotions, explores teenage life
JEONJU, North Jeolla Province -- “Inside Out 2,” the sequel to the 2015 hit animation on a charming, intelligent journey through the emotions of adolescence, adds four new feelings to mix: anxiety, envy, ennui and embarrassment. Kelsey Mann, director of the film, and Mark Nielsen, a producer on “Inside Out 2,” joined a press conference following footage to introduce the new characters and messages of the upcoming movie. The event was held on the sidelines of the 25th Jeon
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[Well-curated] Reptiles, Hangeul-theme cafe and circus on Nodeul Island
May 3, 2024
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[Travel Bits] Festivals, sights across Korea
May 3, 2024
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[Box office] Movies in theaters this week
May 3, 2024
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[Around the hotels] Promotions and packages
May 3, 2024
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25th Jeonju IFF opens with Sho Miyake’s ‘All the Long Nights’
May 1, 2024
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[Music in drama] Rekindle a love that slipped through your fingers
May 1, 2024
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Global Insight
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ABC News
SA government MP Jayne Stinson urges more 'inclusive' parliament for working parents
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France24
Israël s'apprête à "dégager un couloir humanitaire" pour Rafah "dans l'intention de l'envahir"
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Business Insider
A British tourist and a local find the best birria tacos in Los Angeles
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Euro News
The Greens' Reintke vows to keep EU on track towards climate neutrality amid right-wing backlash
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Al Jazeera
Will Israel stop using communication blackouts in Gaza as a weapon of war? | The Stream
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ABC News
Liberals questioned over leaked infomation about Adelaide's heritage-listed Crown and Anchor
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France24
Climat : la sécheresse menace les hippopotames au Botswana
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Business Insider
How China's J-20 stacks up to USA's F-22 fighter jet