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With the US imposing strict trade restrictions on China's advanced semiconductors and chipmaking equipment, Beijing has been ramping up efforts to develop home-grown artificial intelligence chips to keep up with the global AI boom. Recently, the Chinese government and chipmakers have been working together to produce high-bandwidth memory chips, a crucial component in graphic processing units. With the backing of...
Mirae Asset Global Investments, a leading asset manager based in Korea, has introduced a high dividend yield exchange-traded fund to the mainland Chinese market through cross-border trading with Hong Kong, the firm announced Tuesday. The Global X Hang Seng High Dividend Yield ETF, operated by the asset manager’s ETF arm in Hong Kong, was set up for trading on China’s Shanghai Stock Exchange and Shenzhen S...
A high-profile probe zeroing in on first lady Kim Keon Hee is set to begin as the top prosecutor pledged Tuesday to carry out a "speedy and strict" investigation into accusations that she illegally received a luxury Christian Dior bag as a gift from a Korean American pastor in 2022. “The prosecution plans to conduct a speedy and strict investigation (into the allegations against the first lady) based ...
As the travel landscape undergoes profound transformations postpandemic, the golden era of traditional, large-scale travel agencies may be coming to an end. However, Hanatour, Korea's leading travel agency with more than three decades of experience, aims to defy the growing perception. Leveraging extensive tourism data both inbound and outbound, Hanatour CEO Song Mi-sun said the company is seeking ways to pionee...
Special footage mainly starring actor Lee Jung-jae from the new "Star Wars" series "The Acolyte" was unveiled in celebration of Star Wars Day, which takes place every May 4 as a play on the famous phrase "May the Force be with you." In the special footage released on YouTube, Lee -- dressed in traditional Jedi Master apparel with a hairstyle reminiscent of the venerable Jedi Master Qui-G...
Korail Tourism Development, a subsidiary of the Korea Railroad Corp., has unveiled four iconic rail bike spots for domestic travelers. With green leaves dancing to the rhythm of the gentle breeze and spring now in full swing, hopping on a rail bike is one of the most popular ways to immerse yourself in the country’s beautiful nature and spring vibes. The highland county of Jeongseon, Gangwon Province, welcomes ...
The health ministry has asked hospitals to devise measures to minimize damage to patients from medical professors taking a collective action in support of a walkout by junior doctors protesting the increase in medical school quotas, officials said Monday. The Korean Hospital Association said the government has asked hospital chiefs to take appropriate measures for patients undergoing treatment when medical professors...
National Assembly Speaker Kim Jin-pyo criticized former Democratic Party of Korea colleagues who said the parliamentary leader does not need to maintain political neutrality. In a radio interview late Sunday, Kim said that the Democratic Party “ought to be ashamed” of its criticisms that he was “not picking a side” as the party pushes for its post-Assembly election agenda. “The speaker o...
The chairman of Korea's chip-to-battery conglomerate SK Group said the fate of semiconductor manufacturers will hinge on how smartly they can map out capital expenditure plans, as he believes the recent chip recovery would be short-lived. The earnings surprise that SK hynix, the group’s crown jewel and the world's second-largest memory chipmaker, logged in the first quarter raised hope that the indust...
Despite notable progress in the recognition of gender equality, women continue to face numerous socioeconomic disparities, including limited access to education, health care and economic opportunities across the world. Such discrimination leads to women suffering higher chances of danger and poverty. Combined with fewer resources and less power, women become the first victims and the last to recover, noted the UN Wom...