When he stunned the Glasgow climate conference by committing India to achieving net-zero emissions by 2070, Indian Prime Minister Narendra Modi issued a crucial caveat. Without the “transfer of climate finance and low-cost climate technologies,” he said, developing nations such as India would never be able to achieve their ambitious targets. That’s not an idle worry. If we have learned anything during the COVID-19 pandemic, it’s that the developing world cannot count on

Korea’s top comedian Yoo Jae-suk became a shareholder of Kakao Entertainment, the agency said Tuesday. “Yoo Jae-suk participated in the agency’s most recent capital increase, largely to strengthen his trust-based partnership with Yu Hee-yeol,” a Kakao Entertainment official said. Yu, CEO of K-pop agency Antenna, had invested 7 billion won ($5.9 million) in Kakao Entertainment after selling all the shares of his own company. Yu currently holds 0.07 percent of Kakao Ente

Chen of EXO will have another child soon, according to a local media report on Tuesday. 　 His label, S.M. Entertainment, later confirmed that his wife is pregnant with their second child. 　 The veteran idol announced that he was marrying his girlfriend in January 2020. The news sent fans into shock, and some went so far as to demand that he be expelled from the band. 　 Sometime after a private wedding, they welcomed a daughter and recently were reported to have celebrated her first birthday at

CJ ENM maps out a new vision to take the K-pop award into the US market

The South Korean government announced Tuesday it will develop hydrogen and ammonia as feedstock for thermal power generation in order to gradually phase out the use of fossil fuels. According to the Ministry of Trade, Industry and Energy, the government has launched a public-private council to lead the research, with an aim of introducing hydrogen and ammonia in the fuel mix as early as 2030. The ministry’s plan envisions more than half of South Korea’s coal-fired thermal power pl

Just two weeks after South Korea began an official return to normal, a bed shortage is looming, prompting the government to organize an emergency meeting with hospitals. But even as hospitals scramble to make room for COVID-19 patients, the government is intent on keeping the country open, pursuing instead policies to boost travel and spending. Senior officials of the Ministry of Health and Welfare on Tuesday morning held an emergency teleconference with directors of hospitals in Seoul and n

SEJONG -- South Korea looks set to keep its undesirable No. 1 position in the pay gap between male and female employees in 2020 among the 38 members of the Organization for Economic Cooperation and Development. According to the organization, Korea posted 31.5 percent in the gender wage gap last year. This means that women earned 31.5 percent less than men on average, a gap that is likely to surpass those of other members, based on previous years’ data. According to the OECD’s def