Actor Kim Seon-ho will remain on the cast of the upcoming film “Sad Tropics (working title),” the movie’s production company NEW said on Monday. Since the actor stepped down from the films “2 O’Clock Date” and “Dog Days” in the aftermath of a controversy surrounding his ex-girlfriend, “Sad Tropics” is the first project to keep its offer of a lead character to Kim. According to NEW, the production staff held a long discussion in makin

South Korean and US intelligence are closely monitoring for signs of North Korea’s next missile test, the military said Monday in response to satellite images showing preparations to launch a submarine-launched ballistic missile for the second time since October. The images -- made public last week by 38 North, which monitors North Korea -- showed activity involving a mobile crane and a submerged barge at Sinpo, a port city along the east coast where North Korea runs a major submarine shi

The South Korean food company Daesang has a new logo to mark its 65th anniversary. The new logo “reflects Daesang’s ambition to use the past 65 years as a steppingstone to leap into a global company continuing on for the next 100 years,” said Daesang Holdings CEO Choi Sung-soo. The group’s name now appears in lowercase letters that form a tree branching out into the sky. The changes signify the group’s commitment to sustainability and to the health of its custom

The upcoming superhero film "Eternals" is expected to smash the pandemic-hit South Korean box office, with its presale tickets outpacing those of its Marvel predecessor "Black Widow," data showed Monday. Marvel Studios' latest film to be released Wednesday had recorded 200,000 presold tickets as of 2:30 p.m., two days before its local release, according to the data by the Korean Film Council. The movie accounted for 78.8 percent of all tickets reserved at that time, overwhe

Tech giants, convenience stores and credit card firms offer discounts and specials

South Korea's Defense Minister Suh Wook held talks with the visiting Australian Army chief in Seoul on Monday to discuss defense industry cooperation and regional security, his office said. During the talks with Australian Chief of Army Lt. Gen. Rick Burr, Suh noted that a South Korean company has been chosen as the preferred bidder to supply self-propelled howitzers to the Australian military, and called for deeper bilateral cooperation in the artillery sector. The two sides also agreed to de

KT will pay 35 billion-40 billion won ($29 million-$33 million) to subscribers in compensation for the massive network outage last week, the country’s No. 2 telecom operator in terms of revenue said Monday.  In a press conference, executives of the firm acknowledged that the Oct. 25 incident was a human-caused disaster caused by lax oversight on its side and pledged to go “back to basics” to regain confidence from users.  “We deeply apologize for causing incon

Prosecutors sought arrest warrants Monday for three key figures in an urban development scandal on charges of breach of trust and bribery in connection with a lucrative project in Seongnam, south of Seoul. Prosecutors have been looking into suspicions over how a previously unheard-of asset management company, Hwacheon Daeyu, and its seven affiliates reaped astronomical profits from a 2015 project to develop the Daejang-dong district in Seongnam into an apartment complex. The Seoul Central Dist

Korea Aerospace Industries Co. (KAI), South Korea's sole aircraft manufacturer, said Monday it has been selected as the preferred bidder in the government's 877.5 billion won ($747 million) reconnaissance plane bid. The Defense Acquisition Program Administration is expected to sign the deal with KAI next month to push ahead with the project, a KAI spokesman said by phone. Under the deal, KAI will bring four Falcon 2000LXS business jets from French aircraft manufacturer Dassault Aviation and de

City centers in Seoul welcomed back the return of rush hour crowds Monday morning as office workers and students resumed their in-person lives under the government's "living with COVID-19" scheme aimed at bringing the nation gradually back to pre-pandemic normalcy. South Korea activated on Monday the first of the three-stage scheme to gradually phase out coronavirus restrictions as more than 70 percent of the population have been fully vaccinated. Under the latest measure effective

South Korean cosmetics-to-health care conglomerate Aekyung Group said Monday that it has officially launched Aekyung Chemical and appointed Pyo Kyoung-won as the inaugural CEO. Aekyung Chemical was formed by combining the group’s three chemical businesses -- Aekyung Petrochemical, AK ChemTech and the old Aekyung Chemical. In a meeting at Aekyung Tower, the group’s headquarters in Mapo-gu, western Seoul, on Monday morning, the new Aekyung Chemical’s board of directors finali

Ahn’s decision on alliance with main opposition party could be major variable

South Korea’s hydrogen strategy ambitious but ambiguous, leaves key questions unanswered

Kwon Young-soo, the newly appointed CEO of LG Energy Solution, called for an unrelenting focus on battery technology, urging executives and staff to shake off recall fears in his inaugural speech delivered on Monday. “You must have had a lot of worries due to the recent quality issues, but there is no need to be discouraged. As the saying goes, it’s darkest before the dawn, and this is an inevitable process in the long term,” Kwon said in his first message as chief of LG En