Some of the metal type blocks found in Insa-dong, central Seoul in June have been confirmed to be Gapinja, the oldest extant metal types from the Joseon era, according to the Cultural Heritage Administration on Friday. The National Palace Museum of Korea is to hold a special exhibition, “Encounter With the Brilliant Scientific Technology of Joseon Dynasty,” from Nov. 3, showcasing the metal type blocks to the public for the first time. In June, the Sudo Research Institute of Cult

President Moon Jae-in will embark on a nine-day trip to Europe next week that will include a Vatican meeting with Pope Francis, Cheong Wa Dae announced Friday. The president will hold a bilateral meeting with the pope in Vatican City on Oct. 29 before heading to Rome to attend the G-20 summit on Oct. 30-31. For Moon, the nation’s second Catholic president, it will be his second visit to the Vatican. North Korean issues, including a possible papal visit to Pyongyang, are expected to top

Dear U, a company under S.M. Entertainment that provides a platform service connecting K-pop stars and their fans, is looking to launch a metaverse platform with funds to be raised through its initial public offering. “We are looking forward to establishing a solid foothold as the No. 1 global communication platform provider through listing on the country’s secondary Kosdaq market. We are planning on expanding our services such as a metaverse platform,” Dear U Vice President L

Edison Motors will ask for a loan of some 700 billion to 800 billion won ($596 million-$681 million) from Korea Development Bank to acquire the troubled SsangYong Motor, its chief executive officer said Friday. The electric bus maker-led consortium looks set to be chosen as the preferred bidder for the debt-ridden SsangYong, after a bankruptcy court eliminated its strong contender from the competition, citing doubts over its funding capability. Holding an online press conference, Edison Moto

K-pop sensation Seventeen welcomed the fall foliage, autumn breeze and the romance of October by dropping their ninth EP, “Attacca,” on Friday afternoon, returning in nearly four months after their previous work. “Attacca” is a follow-up to the band’s previous album and its “Power of Love project.” The EP is aptly named -- attacca is a direction in music at the end of a movement to begin the next without pause. In a press conference on Friday, the 1

Whether the Ministry of Gender Equality & Family should remain in existence again surfaced as a hot button issue Friday, as opposition lawmakers criticized its work over the past year in caring for women in need. During the annual audit of the ministry by the National Assembly’s Gender Equality and Family Committee, lawmakers of the main opposition People Power Party grilled Minister of Gender Equality and Family Chung Young-ai on whether her office was helpful in caring for women&rsq

Korean Air said on Friday it has signed a memorandum of understanding with Insitu, a Boeing subsidiary, for technical cooperation to develop a lightweight and modularized tactical vertical takeoff and landing aircraft, also known as a VTOL. The cooperation will see the companies combine their core technologies -- Korean Air’s expertise in unmanned aerial vehicle development and production and Insitu’s state-of-the-art UAV technologies including high-performance mission equipment, sy

South Korean stocks closed nearly flat Friday as investors took a wait-and-see mode over the debt crisis of Evergrande Group, a leading Chinese property developer. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) slipped 1.17 points, or 0.04 percent, to close at 3,006.16 points. Trading volume was moderate at about 684 million shares worth some 8.9 trillion won ($7.6 billion), with losers outnumbering gainers 546 to 296. Foreigners sold a net 107

South Korean pharmaceutical giant Celltrion has started a phase 1 clinical trial of an inhalable form of COVID-19 treatment Regkirona in Australia, according to industry sources Friday. The sources said Celltrion’s US-based partner, Inhalon Biopharma, started administering the drug this month, following a regulatory approval from Australian authorities in August. In the first-stage study, 24 volunteers will be given a nebulized form of Regkirona, which can be inhaled through a mouthpiece

K-pop superband BTS will hold an online concert, "BTS Permission To Dance On Stage," this weekend, featuring fresh up-to-date viewing technologies, its management agency said Friday. The seven-piece act's performance on a scale equivalent to an offline concert will be livestreamed from a local stadium Sunday, according to Big Hit Music. It is BTS' first global online concert in about a year. "This event is designed to help our fans feel like they are at the concert in person,&qu

A Chinese fishing boat was seized Friday for fishing illegally in South Korean waters in the Yellow Sea, Korea Coast Guard officials said. The 60-ton boat was caught operating in waters about 25 kilometers west of the island of Baengnyeong at around 2:40 a.m. after crossing 7 kilometers into South Korean waters from north of the inter-Korean sea border, known as the Northern Limit Line (NLL). A 500-ton Coast Guard vessel patrolling the area found the Chinese boat and sent a speedboat to seize

South Korea's central bank will likely raise its policy rate at least twice next year as it will continue to normalize its eased monetary policy intended to prop up the pandemic-stricken economy, an analyst said Friday. Last week, the Bank of Korea kept the rate unchanged at 0.75 percent for October after conducting a quarter-percentage hike in August from 0.5 percent, a record low level put in place for years to bolster the economy under heavy strain from the coronavirus pandemic. Gov. Lee Ju