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students at Yonsei University

Aug 17, 2015 AM EDT - Dana Marie

“Ghettoized” Courses for Foreign University Students

As the country’s number of foreign students keeps on declining, the Ministry of Education has pushed for a proposal to let colleges and universities develop specialized courses or departments in the fields of IT and shipping.

 Shin Dong-Bin

Aug 16, 2015 PM EDT - Dana Marie

Lotte Will Have a New Chairman

A meeting among Lotte Group’s shareholders today in Tokyo will confirm the new chairman. And it looks like it will be Shin Dong-bin.

Hyundai Heavy Industries

Aug 15, 2015 AM EDT - Dana Marie

“Mass Layoff” at Major Korean Shipbuilders

According to reports, the country’s major shipyards are struggling because of failing offshore rigs. Amidst gradually declining finances, they have resorted to downsizing and redundancy in an attempt to bring back huge losses.

Yoona

Aug 14, 2015 AM EDT - Dana Marie

Lee Seung-gi and Yoona Have Broken Up

The iconic K-pop couple, solo singer/actor Lee Seung-gi and Girls’ Generation member Yoona, have parted ways.

 Kia Soul EV

Aug 14, 2015 AM EDT - Dana Marie

Korean Companies Win Awards at 2015 Red Dot Design

Kia Motors, Naver and 3 telecom manufacturers – SK Telecom, LG and KT – are big winners during the awarding ceremonies of ‘2015 Red Dot Design Awards’. Out of 7,452 submissions, these companies have managed to earn global acclaim.

Myungdong shopping district

Aug 13, 2015 PM EDT - Dana Marie

Korea Grand Sale Starts Today

Foreigners visiting South Korea today until the end of October will be in for plenty of wonderful treats, as the country celebrates 70th Liberation Day tomorrow. The big celebration starts today, kickstarted by the Korea Grand Sale.

'Taken 3' Fan Event Screening

Aug 13, 2015 AM EDT - Dana Marie

Liam Neeson Will Star in Korean Film ‘Operation Chromite’

Liam Neeson, will play the world-renowned military leader General Douglas MacArthur in ‘Operation Chromite’, a South Korean war movie.

 residential properties by Han River

Aug 13, 2015 AM EDT - Dana Marie

Low Mortgage Rates and Increasing Household Debt

For the first time, since data on loans have been compiled, South Korea’s household debt has exceeded 600 trillion won ($512 billion). Despite the government’s efforts to control borrowing, the total amount has continued to rise.

rocket launch at Goheung Space Center

Aug 13, 2015 AM EDT - Dana Marie

Korea’s Unmanned Drone ‘EAV-3’ Is in the Stratosphere

Korea Aerospace Research Institute (KARI) has succeeded in launching its unmanned drone, the ‘EAV-3’. According to researcher Kim Seung-ho on August 11, the aircraft has taken off at the Goheung Space Center and has reached 14.12km above the Earth’s surface.

A view across the city including the mountains and skyscrapers in the Gangnam business district in Seoul, South Korea. Photo by Dan Istitene/Getty Images News

Aug 12, 2015 AM EDT - Dana Marie

100 Most Beautiful Buildings in Seoul

The local government of South Korea’s largest metropolis and capital is organizing a public contest starting today until September 10. It involves finding the city’s 100 most beautiful buildings among 640,000 registered buildings.

Director Ryoo Seung-wan

Aug 12, 2015 AM EDT - Dana Marie

‘Veteran’ Ranks First in the Korean Box Office

The Korean box office is now dominated by ‘Veteran’ after ‘Assassination’ has stayed at the top after its premier on July 22.

Chairman Shin Dong-Bin

Aug 12, 2015 AM EDT - Dana Marie

A Better Structure for Lotte Cross Shareholdings

The co-CEO of Lotte Holdings and chairman of Lotte Group, Shin Dong-bin, has announced that the corporation will lessen the shares of holding companies in Japan-based Hotel Lotte.

Choi Jung-Won

Aug 11, 2015 AM EDT - Dana Marie

The 4th Seoul Musical Festival Will Be on August 17-24

Korea’s first festival – Seoul Musical Festival – that features homegrown musicians will run from August 17-24 at Dongdaemun Design Plaza and Chungmu Art Hall.

Jang Na-ra

Aug 11, 2015 AM EDT - Dana Marie

Jang Na-ra Has Been Involved in an Accident

Jang Na-ra’s van was hit by a vehicle while on her way to the film set of ‘I Remember You’, her latest TV series.

Paris Hotel

Aug 11, 2015 AM EDT - Dana Marie

Korean Team Wins the “Hackers’ World Cup”

Korea’s team of hackers has won the top prize during the DEFCON Capture the Flag (CTF) 23 event in Las Vegas, Nevada.

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