"Venom: Let There Be Carnage" has beat the opening day total of "Black Widow," the latest Marvel release, in South Korea, data showed Thursday. The sequel to 2018's "Venom" topped the daily box-office chart by selling 203,263 tickets on the first day of its release Wednesday, according to data from the Korean Film Council (KOFIC). For comparison, "Black Widow," the most-watched foreign film for this year to date, attracted about 195,000 moviegoers on its

A Seoul court was to question a key suspect at the center of a snowballing regional development corruption scandal on Thursday to determine whether to issue an arrest warrant for him on bribery and other charges. Prosecutors sought the warrant to arrest Kim Man-bae on Tuesday on charges in connection with how his previously little-known firm, Hwacheon Daeyu Asset Management, reaped massive profits from a 2015 development project in the city of Seongnam, south of Seoul. The former journalist al

South Korea's wine imports nearly doubled in the first eight months of 2021 from a year earlier as more people enjoyed drinking at home and alone amid the coronavirus pandemic, data showed Thursday. Asia's fourth-largest economy imported $370.5 million worth of wine in the January-August period, up 96.5 percent from a year earlier, according to the data by the Korea Customs Service and industry sources. The figure surpassed last year's imports worth about $330 million and exceeded those of bee

WASHINGTON -- The South Korean government will take market-stabilization steps should there be increased volatility in the foreign exchange market caused by abnormal factors, such as speculation, Finance Minister Hong Nam-ki said Wednesday. Hong, however, noted the recent fluctuations in the local FX market were largely due to external economic risks. "When it comes to the foreign exchange, the government cannot but accept changes caused by the market supply and demand, but it is closely

South Korea's export prices gained for the 10th straight month in September, driven by price hikes of energy and chemical products, central bank data showed Thursday. The country's export price index stood at 114.18 in September, up 1 percent from the previous month, according to the preliminary data from the Bank of Korea (BOK). The figure represented the 10th straight month of an on-month rise. From a year earlier, the index jumped 20.2 percent, the eighth consecutive on-year growth, the dat

WASHINGTON -- South Korea and the United States are working closely together to restart the Korean Peninsula peace process, South Korea's ambassador to the US, Lee Soo-hyuck, said Wednesday. Lee said the countries are also discussing ways to bring North Korea back to the dialogue table that may include the provision of humanitarian assistance to the impoverished North. "(We) are discussing various ways to build trust such as the provision of humanitarian assistance to create a favorable c

At a congressional hearing on Tuesday, former Facebook product manager Frances Haugen didn’t need to convince lawmakers that the company has a big problem. Republicans and Democrats were, for once, united on her side, at several points even calling her a “hero.” What they needed was direction. Luckily, Haugen gave that to them. Throughout the hearing she used the term “engagement-based ranking” to synthesize the complexities of Facebook’s problems into a si

Torrential rain fell all night. It just meant more monsoon season drainage work would be needed during the next interlude. Nobody in the small provincial city of Gongju, South Chungcheong Province, imagined the utter chaos that was about to be unleashed by a Hankook Ilbo exclusive report: “New Baekje royal tomb found.” The discovery of King Muryeong’s tomb on July 5, 1971, during drainage work to protect two adjacent royal graves from the Baekje Kingdom in its old capital, l