A virtual UN peacekeeping ministerial conference is scheduled to open Tuesday, hosted by South Korea, promising to serve as a chance to further solidify the global community's collective commitment to sustainable peace in conflict-laden parts of the world. The two-day 2021 Seoul UN Peacekeeping Ministerial comes as Seoul has steadily pushed to foster lasting peace on the Korean Peninsula and embrace a greater role in global efforts to stabilize volatile regions in the Middle East, Africa and el

South Korean pharmaceutical giant Celltrion Inc. said Tuesday its COVID-19 antibody treatment has won emergency approval from Australian authorities. The Therapeutic Goods Administration (TGA) granted provisional approval of Rekirona for the intravenous treatment of mild-to-moderate COVID-19 in adult patients. It is the fifth COVID-19 treatment to receive regulatory approval in Australia. Rekirona is a monoclonal antibody with activity against COVID-19. A monoclonal antibody is a type of prot

South Korea logged a current account surplus for the 18th straight month in October, though the surplus was smaller than the previous month due to increased imports amid high energy and raw material prices, the central bank said Tuesday. The current account surplus came to $6.95 billion in October, down from $10.07 billion a month earlier, according to preliminary data by the Bank of Korea. The October figure marked the 18th straight month that the current account has been in the black since

At last month’s COP26 climate summit, hundreds of financial institutions declared that they would put trillions of dollars to work to finance solutions to climate change. Yet a major barrier stands in the way: The world’s financial system actually impedes the flow of finance to developing countries, creating a financial death trap for many. Economic development depends on investments in three main kinds of capital: human capital (health and education), infrastructure (power, digita

Virtually every unofficial US Supreme Court watcher has reported feeling a chill wind of political reality and pending change as it whipped through the court’s imposing chamber this past Wednesday -- and then whooshed through the Great News Funnel into the homes of all Americans. A chill wind of change: You could hear it in the questions the justices asked in the oral argument of a case challenging a recent Mississippi law that bans virtually all abortions after the first 15 weeks of pre

The next batch of South Korea’s K2 Black Panther main battle tanks are expected to run on an locally-made transmission system instead of a German one, sources said Monday. “We have solved technical issues of our transmission system and it will go inside the fourth batch of K2 tanks,” a high-ranking official at SNT Dynamics told The Korea Herald. “A government quality test is scheduled in the first half of next year” Inside K2 tanks, there is a key component ca

The Seoul Philharmonic Orchestra has unveiled its schedule for the first half of 2022, with 15 concerts planned. SPO music director Osmo Vanska kicks off the season by taking the baton for Mozart‘s Requiem on Jan. 29 and 30. The music director, who has been leading the SPO since January 2020, will team up with violist Richard Yongjae O‘Neill on May 19 and 20. 　 In March and April, Vanska will collaborate with Augustin Hadelich, an Italian German American Grammy-winning classic

　BRUSSELS -- The European Union on Monday condemned the Myanmar ruling junta‘s jailing of ousted leader Aug San Suu Kyi as “politically motivated” and a “blatant violation of human rights”. 　In a statement from EU foreign policy chief Josep Borrell on behalf of the 27 member states, the EU said Suu Kyi’s sentence “represents another step towards the dismantling of the rule of law." 　Suu Kyi, 76, has been detained since the generals staged a coup a

Mirae Asset Securities said Monday that executive vice chairman Choi Hyun-man will take over the brokerage firm as chairman in what will be the company’s first move to tap a non-family member chief since it became the largest South Korean brokerage in 2016 when it merged with Daewoo Securities. Choi, a founding member of Mirae Asset Securities when it was set up in 1999, has been CEO at a number of key affiliates of Mirae Asset Financial Group, which along with brokerage provides comprehe

In an industry where fluffy tunes often top the charts, making it big as a band is no easy task. But rookie boy band Xdinary Heroes believes they can make it to your next playlist. Produced by K-pop powerhouse JYP Entertainment, home to globetrotting acts like boy band 2PM and girl group Twice, the sextet threw their glitzy hats into the ring Monday evening hoping to follow in the footsteps of label mates Day6, the current pop-rock kings of K-pop. The band is made up of Gunil, who plays the