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Korea JoongAng Daily - Daily News from Korea

Newsroom of the Korea JoongAng Daily

Audio recordings of the Korea JoongAng Daily"s in-depth, on-the-scene news articles and features informing readers around the world of the issues of the day in Korea. Under the slogan "Your window to Korea", the Korea JoongAng Daily is an English-language news organization focused on Korea that strives to publish factual, timely and unbiased articles.

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All Episodes

02:25

Coex fire extinguished in 35 minutes after quick...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Lee Su-min, Kim Chang-yong and read by an artificial voice. A fire broke out at Coex, a major shopping and exhibition complex in Gangnam District in southern Seoul, on Friday morning, prompting the evacuation of hundreds of visitors and workers, but no injuries were reported, and the blaze was extinguished within 35 minutes. The fire started around 11 a.m. at a restaurant on the second floor, according to the Gangnam Fire Station. Fire authorities dispatched 33 fire

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02:52

Supreme Court overturns Lone Star's $117 million tax...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Kim Jun-young and read by an artificial voice. The Korean Supreme Court has overturned a lower court ruling that ordered the Korean government and the Seoul Metropolitan Government to refund 168.2 billion won ($117 million) in taxes to U.S.-based private equity firm Lone Star, ending an eight-year legal battle in the state's favor. The ruling spares the Korean government from paying a total of approximately 200 billion won, including principal and delay damages. The

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02:22

Moon Jae-in decries prosecutorial overreach, urges...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Hyeon Ye-seul and read by an artificial voice. Former President Moon Jae-in on Friday denounced the prosecution's decision to indict him on bribery charges, saying the move was "unjustified" and appeared to follow a "predetermined course." Moon met with National Assembly Speaker Woo Won-shik before a ceremony marking the seventh anniversary of the April 27 Panmunjom Declaration at the National Assembly in Yeouido, western Seoul, on Friday. "We were engaged in discussions

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04:08

Acting President Han Duck-soo could declare election...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Park Tae-in and read by an artificial voice. Acting President Han Duck-soo is expected to declare his candidacy for the presidential election as early as next Wednesday, according to multiple government and political sources, amid growing political signals and a narrowing election timeline. Han recently told close aides that he could no longer "avoid calls to run," fueling speculation around a possible "late April resignation, early May candidacy" scenario. While the

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06:47

Heart of Korea's modernization to light up for...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Cho Jung-woo and read by an artificial voice. Seoul may be known for its modern skyline and globally expanding K-culture, but it is also a city where the old and new coexist. One of the most distinctive places that encapsulates this harmony between old and new is Jeong-dong, a neighborhood in downtown Seoul's Jung District. Jeong-dong, a historic area known for the iconic stone wall path surrounding Deoksu Palace and its collection of late 19th and early 20th century

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01:40

SK On inks battery supply deal with EV pickup startup...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Kim Ju-yeon and read by an artificial voice. SK On will supply batteries to Slate - an electric pickup truck startup backed by wealthy investors including Amazon's Jeff Bezos - starting next year, the Korean battery maker said Friday. Under the deal with Slate, SK On will supply 20 gigawatt-hours of U.S.-made batteries from early 2026 through 2031, with an option for additional orders as Slate scales up its production. The high-nickel NCM (nickel-cobalt-manganese)

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02:42

LG may raise appliance prices in U.S. in response to...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Park Hae-lee and read by an artificial voice. LG Electronics CEO William Cho said the company may consider raising the prices of home appliances sold in the United States if tariffs imposed by Washington exceed manageable levels. "If the tariff hike surpasses what we can absorb, we'll have to consider price increases for appliances [bound for the United States]," Cho told reporters at Seoul National University's Gwanak Campus on Thursday, where he delivered a guest

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02:05

SK Telecom offers 23 million customers replacement...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Jeong Jae-hong and read by an artificial voice. SK Telecom said Friday it will provide free SIM card replacements for all of its 23 million customers in response to a recent hacking incident. "We sincerely apologize for the great inconvenience and concern caused to our customers and society," said CEO Yoo Young-sang at a briefing held at the company's headquarters in Jung District, central Seoul. "We will implement an additional measure allowing all SK Telecom users to

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05:43

Posco, Hyundai Steel Q1 performance slump on Trump...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Kim Hyo-seong and read by an artificial voice. Korea's leading steel producers, Posco Holdings and Hyundai Steel, reported significant declines in first quarter earnings as U.S. tariffs and weakening global demand continued to weigh on the industry. Consolidated revenue at Posco Holdings fell 3.4 percent to 17.44 trillion won ($12.1 billion) in the first quarter, and operating profit slid 2.5 percent to 568 billion won over the same period, the company announced

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02:35

North Korean crypto-theft campaign targeted...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Lee Hay-june and read by an artificial voice. North Korea allegedly established fake companies in the United States to target cryptocurrency developers as part of a broader cyber strategy to fund its operations through hacking and cybercrime, according to a report Thursday. U.S. cybersecurity firm Silent Push alleged that North Korean hackers registered two shell companies - Softglide in New York and Blocknovas in New Mexico - as fronts for cyber operations, according to

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02:52

Is 'China's Coupang' coming to Korea? JD.com opens...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Hwang Soo-yeon and read by an artificial voice. JD.com, one of China's largest e-commerce companies, appears to be entering the Korean market. With AliExpress and Temu already expanding their presence in Korea through aggressive pricing strategies, the arrival of JD.com raises concerns for domestic e-commerce companies. Founded in 1998, JD.com ranks alongside Alibaba's AliExpress and Pinduoduo's Temu as one of the "big three" e-commerce players in China. Unlike

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03:56

Moon becomes sixth former Korean president to be...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/25

This article is by Kim Jun-hee, Kim Na-han, Choi Seo-in and read by an artificial voice. Former President Moon Jae-in became the sixth former Korean president to be indicted, after the prosecution laid charges on Thursday. Moon's indictment, which came nearly two years and 11 months after he left office in May 2022, follows that of five former presidents, Chun Doo Hwan, Roh Tae-woo, Lee Myung-bak, Park Geun-hye and Yoon Suk Yeol. It also marks the fourth consecutive time a former president

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03:05

Transcending National Treasures: Baekje’s cultural...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

Kang Hye-ran The author is a senior reporter on culture at the JoongAng Ilbo. At the entrance to the Nara National Museum's special exhibition stands a wooden statue of Avalokiteshvara, a striking 2.1-meter-tall figure with a graceful, elongated form and a tranquil smile. Behind the Bodhisattva's head radiates a halo resembling sunflower petals. The sculpture is the opening piece in Oh! KOKUHŌ: Resplendent Treasures of Devotion and Heritage, a landmark exhibition showcasing 143 objects,

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05:13

Korea’s suicide rate signals a public health crisis

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

Baek Jong-woo The author is a professor of psychiatry at Kyung Hee University Hospital. Suicide is a devastating public health issue that inflicts irreversible pain on individuals, families and communities. The World Health Organization defines suicide not as a private tragedy but as a profound societal failure - one demanding systemic and urgent public intervention. In Korea, conversations about public health crises often invoke pandemics like that of Covid-19. Between January 2020 and

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05:05

Fake news: A warning on disinformation

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

Kim Chang-woo The author is a senior economic reporter at the JoongAng Ilbo. On April 7, U.S. stock markets briefly surged by around 10 percent starting at 10:10 a.m., following a social media post suggesting President Donald Trump was considering a suspension of tariffs. Within 20 minutes, the White House denied the rumor, calling it "fake news." Markets quickly reversed. The confusion began with an interview at 8:30 a.m. featuring Kevin Hassett, director of the National Economic Council

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03:10

Another former president faces trial: Were first...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

Former President Moon Jae-in has been indicted without detention on bribery charges, becoming the sixth former head of state in Korea to stand trial on criminal charges. Prosecutors allege that a high-paying job offered to Moon's former son-in-law at a foreign subsidiary of Eastar Jet constituted a bribe intended for the president himself. According to the indictment, the former son-in-law, surnamed Seo, had no prior experience in the airline industry but was hired in August 2018 as an

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03:27

Contracting growth in the first quarter stokes fears...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

Korea's economy contracted in the first quarter of 2025, highlighting deepening concerns about long-term stagnation amid domestic political instability and external shocks. According to data released Thursday by the Bank of Korea, GDP shrank 0.2 percent compared to the previous quarter. The figure falls short of the central bank's earlier forecast of 0.2 percent growth and marks the first negative growth in three quarters. Underlying indicators reveal a broad-based slump. Private

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02:27

'It just happened' for Cheeze's Dalchong with 2nd...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

This article is by Shin Ha-nee and read by an artificial voice. Since starting out as a four-member indie band 14 years ago, Cheeze is now a solo act of Dalchong, who has been the frontwoman from the very beginning. A lot happened before Dalchong gained enough confidence as a solo artist to release her first full-length album in nearly a decade, but to make a long story short, "It just happened" - hence the album's title. "When two people become a couple and friends begin to ask how it

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02:09

MBK had prior knowledge of credit downgrade on...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

This article is by Park Eun-jee and read by an artificial voice. Korea's financial regulator found that MBK Partners, a major private equity firm in Korea, had planned the rehabilitation scheme of Homeplus "for quite some time," handing the related evidence to the prosecutors. "We have secured concrete evidence that Homeplus and MBK Partners were aware of the downgrade in Homeplus's credit rating and had been planning to file for corporate rehabilitation for quite some time," said

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10:37

Trump's fixation with tariffs ignores strategic...

Korea JoongAng Daily - Daily News from Korea ·

2025/04/24

This article is by Seo Ji-eun and read by an artificial voice. The Donald Trump administration's tariff offensive and shifting defense priorities are raising alarm among former U.S. officials, who warn that the South Korea-U.S. alliance may be reshaped without sufficient bilateral consultation. Randall Schriver, a former senior Pentagon official under the first Trump administration, criticized the lack of strategic dialogue with Seoul, noting that Washington's current focus is "taken up

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5,264 results

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