Korea Joongang Daily
Korea JoongAng Daily

Calls grow to overhaul artist certification system as even established professionals face rejection

Even established musicians have been unable to receive certification from the Korean Artists Welfare Foundation, which would qualify them for benefits, including insurance and access to state-backed support programs, under the Artist Welfare Act.

2026-04-14

Gov't to provide additional liquidity, ease refinancing for firms affected by Middle East conflict

Finance authorities will expand policy financing programs and ease bond refinancing burdens for companies affected by the prolonged crisis in the Middle East, the financial regulator said Tuesday.

2026-04-07

UN chief proposes slashing 2026 budget by $577 million, cutting 18% of jobs

United Nations Secretary-General Antonio Guterres on Monday formally proposed slashing the core UN budget for next year by $577 million and cutting more than 18 percent of jobs.

2025-12-02

U.S. President Trump signs government funding bill, ending shutdown after a record 43-day disruption

U.S. President Donald Trump signed a government funding bill Wednesday night, ending a record 43-day shutdown that caused financial stress for federal workers, stranded travelers at airports and generated long lines at food banks.

2025-11-13

Overseas remittances for 'personal' use top 4 trillion won annually as tax evasion concerns mount

Overseas remittances from Korea categorized as personal transfers have topped 4 trillion won ($2.82 billion) annually, according to central bank data, raising concerns over potential tax evasion loopholes.

2025-10-17

'China had to latch on': Voice of America's demise leaves opening for CCP

China is increasing its media influence in Africa and Asia, filling the gap left by U.S. outlets like VOA after funding cuts during Trump's presidency.

2025-07-14

UN warns millions will die by 2029 if U.S. funding for HIV programs isn't replaced

Years of American-led investment into AIDS programs has reduced the number of people killed by the disease to the lowest levels seen in more than three decades and provided life-saving medicines for some of the world’s most vulnerable.

2025-07-11

Prime minister nominee denies illegal political funding allegations

Prime Minister nominee Kim Min-seok on Monday denied allegations that he received illegal political funds during his campaign for Seoul mayor in 2002, for which he was convicted and sentenced to a suspended prison sentence.

2025-06-16

Europe launches a drive to attract scientists and researchers after Trump freezes U.S. funding

The European Union launched a drive on Monday to attract scientists and researchers to Europe with offers of grants and policy plans, after the Trump administration froze U.S. government funding linked to diversity, equity and inclusion initiatives.

2025-05-06

Korean universities explore new funding models as tuition debate heats up

With universities heavily reliant on tuition, officials are exploring ways to diversify funding sources — and students are also urging schools to find alternatives to raising fees.

2025-04-01