SK Group chief vows last-ditch effort to support Busan's expo bid

SK Group Chairman Chey Tae-won reinforced his commitment to supporting Busan’s bid to host the 2030 World Expo on Thursday, days before the final voting takes place in Paris to choose the host. Busan, South Korea's second-largest city, is competing against Saudi Arabia’s Riyadh and Italy’s Rome to host the global event. “When we first jumped into this international race, the prospect of Busan winning the expo bid seemed almost impossible," Chey wrote in an Insta

IndustryNov. 24, 2023

PKM Gallery sheds light on Toby Ziegler, Kwon Jin-kyu

PKM Gallery, one of the leading commercial galleries in South Korea, is offering two exhibitions of artists with whom it has long-standing relationships: British contemporary artist Toby Ziegler and Korean sculptor Kwon Jin-kyu. The gallery, located in Samcheong-dong in northern Seoul, brought together works by the two artists in separate exhibitions, “Toby Ziegler, Broken Images” and “Kwon Jin Kyu: The Reliefs.” Ziegler has shown his works at the Seoul-based gallery ever

Arts & DesignNov. 24, 2023

Cyberattack feared in series of South Korean government website outages

Another South Korean government-run online service suffered an outage Friday, marking the fourth such failure within the past week. A website and mobile applications providing online ID services went down, according to the Ministry of Interior and Safety. Friday’s breakdown in the government’s e-ID service comes a day after a website run by the Ministry of Economy and Finance-affiliated Public Procurement Service crashed on Thursday. The PPS website used by all government institution

PoliticsNov. 24, 2023

[Herald Interview] Cha Seung-won feels less stressed about juggling different roles

The 2018 crime action film “Believer” gave Cha Seung-won a new image as the merciless villain Brian Lee recognized by his white suit and signature bob-cut hairstyle. Cha reprises the role as the director of an industrial company that secretly operates an illegal drug testing lab in the second installment of the franchise, “Believer 2,” which was released on Netflix on Nov. 15. “Believer 2” was ranked No. 1 on Netflix’s global top 10 non-English film sect

FilmNov. 24, 2023

Cold wave to hit South Korea over weekend

A cold wave is expected to peak over the weekend, dragging the mercury down further, the weather agency said Friday, after morning temperatures in most parts of South Korea fell below freezing. The cold wave advisory, which took effect in Seoul and Gangwon Province as of 9 p.m. Thursday, was lifted as temperatures rose Friday afternoon, but is still in effect in some parts of North and South Gyeongsang Provinces. The Korea Meteorological Administration predicted that Saturday morning's te

Social AffairsNov. 24, 2023

Convicted killer of university student sentenced to life in prison

A woman convicted of killing another woman in her 20s and dismembering the body was sentenced to life in prison on Friday. The Busan District Court sentenced 23-year-old Jung Yoo-jung to a lifetime in prison, and required her to wear a location tracking device for the next 30 years. Explaining the sentence, the court said it believes the killing had been premeditated. Jung’s lawyer asked the court for a reduction in jail time, citing her family background and mental and physical weakness.

Social AffairsNov. 24, 2023

Choo calls for WGBI listing in London

Finance Minister Choo Kyung-ho met with the CEO of London Stock Exchange Group, calling for foreign investors’ interest in Korea’s foreign exchange and state bond markets. Choo attended the market opening ceremony at the London Stock Exchange on Thursday, marking the first time for a Korean governmental official to participate in the event, according to the Finance Ministry. Korean finance figures attended the event with Choo. Choo has been in London since Monday as a part of Presi

EconomyNov. 24, 2023

Korea Life Insurance Association taps new chairman

The Korea Life Insurance Association has tapped Kim Chul-ju, head of the Creditors' Coordination Committee, as its new chairman. An internal recommendation committee made the decision in a meeting held Friday. Kim, a graduate from the department of economics at Seoul National University, served as a public official at the Ministry of Economy and Finance. After working as an economist at the Asian Development Bank and World Bank, Kim returned to the Korean government, serving in key position

IndustryNov. 24, 2023

Kakao T to launch ride-hailing service in Asia, Middle East

The ride-sharing service Kakao T will be available in Australia, Taiwan, the United Arab Emirates, Jordan and Kuwait from next week, Kakao Mobility announced Friday. Users of the Kakao T app will be able to hail local taxis, premium sedans and midsize SUVs in the five countries from Nov. 30 onward, bringing Kakao's ride-hailing services to a total of 37 countries worldwide. The company said it also plans to enter the US market within this year. According to Kakao Mobility, the latest expans

TechnologyNov. 24, 2023

Seoul shares snap 4-day rise amid Fed's rate path woes

Seoul shares closed lower Friday, snapping a four-day winning streak, with no major guidance in the markets due to the Thanksgiving holiday in the United States. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index was down 18.33 points, or 0.73 percent, to close at 2,496.63. Trade volume was slim at 352.2 million shares worth 6.38 trillion won ($4.9 billion), with gainers outnumbering decliners 452 to 413. Institutions and individuals bought a combined 194

MarketNov. 24, 2023

Drug users turning to illicitly imported tests to avoid getting caught: ministry

Illicit sales of drug test kits from overseas are on the rise via social media, according to the Ministry of Food and Drug Safety on Friday. They are being marketed to potential drug users looking to evade testing by police, the ministry said. The test kits, which are equivalent to the rapid tests used by police here, produce results within a few minutes, allowing drug users to take measures to prevent getting a positive result in later police testing. To alter results of the typically more reli

Social AffairsNov. 24, 2023

Korea makes last-minute push for Busan Expo bid

President Yoon Suk Yeol attended a Bureau of International Expositions banquet on Thursday as the first official event during his visit to Paris, in a bid to rally support for Busan in the vote taking place next week. Diplomats and BIE delegations from around the world attended the dinner held at a hotel in Paris. The chiefs from Korea's top conglomerates, including Samsung Electronics Chairman Lee Jae-yong, Hyundai Motor Group Executive Chair Chung Euisun, LG Group Chairman Koo Kwang-mo and Lot

Foreign AffairsNov. 24, 2023

BIS, BOK top officials visit Naver's 2nd headquarters

Top officials from the Bank for International Settlements and the Bank of Korea visited Naver 1784, the tech giant's second headquarters, to discuss ways to integrate artificial intelligence technology in the financial sector, Naver said Friday. BIS General Manager Agustin Carstens and BOK Senior Deputy Gov. Ryoo Sang-dai were among the officials visiting the Naver's second headquarter building in Seongnam, Gyeonggi Province. The officials were greeted by Naver's top executive

IndustryNov. 24, 2023

After 13 years, Naver's 'OnStage' music show bids farewell

"OnStage," a weekly music show on Naver that has been praised for discovering indie musicians and expanding the domestic music scene, has come to an end after 13 years, Naver Cultural Foundation said Friday. It aired its final episode on Nov. 16, a video on the Korean rock band Peppertones, the foundation said in a blog post. "Over the past 13 years, various live video platforms have emerged, making it easy for anyone to create video content and directly connect with music fans. T

CultureNov. 24, 2023

Nonregular workers discriminated by financial firms: labor ministry

South Korean financial institutions have been found to treat nonregular workers unfairly, according to the Labor Ministry on Friday. The ministry revealed the results of an investigation it conducted on 14 financial organizations, including banks, securities and insurance companies. A total of 62 cases of discrimination were identified across 12 companies, though the names of these companies were not disclosed. In one case, a sales office failed to provide a monthly lunch allowance of 200,000

PoliticsNov. 24, 2023

Job applicants may legally reject AI interviews next year

Starting next year, job seekers will have the right to reject the results or seek clarification if they perceive artificial intelligence-powered interviews to be unfair in their recruitment process. The Personal Information Protection Commission announced Wednesday new legislation regarding the amendment of the Personal Information Protection Act. The amendment process began on Thursday and continues to Jan. 2 of next year. Under the proposed amendment, if job applicants feel that their rights a

Social AffairsNov. 24, 2023

Chung Myung-whun, Clara Jumi Kang to take stage with Munich Philharmonic

Two of the most sought-after Korean classical musicians will take the stage with the Munich Philharmonic next week. Maestro Chung Myung-whun and violist Clara Jumi Kang, whose relationship dates back more than a decade, will perform Beethoven's Violin Concerto with the orchestra. “Since childhood, I frequently listened to live recordings of Beethoven's Symphony by the Munich Philharmonic and Sergiu Celibidache. The distinct, sharp yet warm and intricate sound unique to the Munich

CultureNov. 24, 2023

Kim Hye-soo to step down as host of Blue Dragon Film Awards after 30 years

Actor Kim Hye-soo will wrap up 30 years of hosting one of South Korea's most prestigious film awards on Friday. Kim will host the Blue Dragon Film Awards ceremony, the 44th edition, for the last time at KBS Hall in Yeouido, Seoul. Fellow actor Yoo Yeon-seok will co-host the ceremony. Kim first took on the role as emcee in 1993 after rising to stardom through her debut film “Ggambo” (1986). She has since hosted the ceremony every year, except for in 1998. During her decadeslong

FilmNov. 24, 2023

[Photo News] Sisters acting on stage

The remake of stage musical "Sister Act" began its Seoul run on Tuesday at D-cube Link Arts Center, following eight days in Busan. The adaptation of “Sister Act” is based on the hit 1992 film of the same title. The musical originally made it to the stage in 2006. The recently updated rendition retains the music and lyrics of the original musical while infusing vibrant colors into the stage design, costumes and physical movements. The cast members highlight diversity, with s

CultureNov. 24, 2023

SK affiliates sign largest renewable energy deal in Korea

SK Group announced on Friday that nine of its affiliates have entered a long-term agreement to procure 537 gigawatt-hours of renewable energy annually from SK E&S, a clean energy provider within the group. The 20-year deal is the largest direct renewable energy purchase agreement, or PPA, ever in Korea, and is expected to cut 5 million metric tons of greenhouse gas emissions over two decades, the group said, equivalent to planting some 20 million pine trees nationwide. The size of the deal

IndustryNov. 24, 2023