Contemporary artist Lee Kun-yong lets the natural movements of his body dictate where the lines fall on the canvas. Instead of directly facing the canvas he stands behind or against it, and sometimes next to it without seeing his work as he is creating it. Lee named the series “Body Scape,” presenting nine painting methodologies that he created since 1976. “Lee Kun-yong: Body Scape” at Gallery Hyundai in central Seoul shows how Lee developed the series over the decade

Car accidents involving unlicensed teenagers soared by 34 percent between 2018 and 2020, road traffic data showed Thursday. According to a Korea Road Traffic Authority report submitted to Rep. Kang Deuk-gu of the ruling Democratic Party, teenagers caused 833 accidents last year while driving without a license, a sharp jump from 618 and 689 accidents in 2018 and 2019, respectively. More than 3,100 people suffered injuries and 63 died in the total of 2,140 accidents involving unlicensed teenage

South Korean stocks opened higher Thursday as bargain hunters sought oversold stocks on expectations of a rebound. The benchmark Korea Composite Stock Price Index (Kospi) rose 31.54 points, or 1.08 percent, to 2,939.85 points in the first 15 minutes of trading. The key stock index got off to a strong start after three days of losses. Market kingpin Samsung Electronics added 0.98 percent, but No. 2 chipmaker SK hynix retreated 0.73 percent. Internet portal operator Naver jumped 2.41 percent, and

South Korea said Thursday it has sold about $1.3 billion worth of foreign exchange stabilization bonds at the second-lowest ever rates amid solid demand. The government sold US dollar-denominated bonds worth $500 million with a maturity of 10 years and five-year euro-denominated debts worth $700 million, according to the finance ministry. The dollar bonds carry a yield of 1.769 percent, or 25 basis points more than the rate of US 10-year Treasuries, while the euro bonds carry a yield of minus 0.

South Korea posted a current account surplus for the 16th straight month in August as exports remained robust and revenue from cargo shipping rose amid the global economic recovery, the central bank said Thursday. The current account surplus reached $7.51 billion in August, down from $8.21 billion the previous month, according to the Bank of Korea (BOK). The current account is the broadest measure of cross-border trade. The current account has been in the black since May last year. In April 2020

  Samsung Electronics Co. on Thursday unveiled its technology road map for the foundry business as the company vowed to improve its capacity and advanced manufacturing solutions in the contract chipmaking sector. At the Samsung Foundry Forum 2021, which was held online under the theme of "Adding one more dimension," the South Korean chipmaker revealed its plans for future technology nodes, operations and services. Samsung, the world's No. 2 foundry player behind Taiwan Semiconduc

　Traffic accidents involving personal mobility devices, such as electric scooters, quadrupled from 2018 to 2020, government data showed, raising alarm over the safety of riders. 　According to the data from the National Police Agency, disclosed by Rep. Huh Young of the Democratic Party, the number of traffic accidents involving electric scooters and other personal mobility devices came to 897 in 2020, up nearly fourfold from 225 in 2018. 　During the same time period, the annual number of in

If you want to know why nearly 40 million leaked documents on the salting away of assets in offshore financial centers have failed to result in comprehensive change since the revelations started eight years ago, Billie Holiday provides a clue: “Them that‘s got shall get; them that’s not shall lose. So the Bible said, and it still is news.” The latest set of leaks to the International Consortium of Investigative Journalists is the largest yet. After sifting the data, medi

Many South Koreans, under continuing duress from the COVID-19 pandemic, have an additional cause for discomfort these days: a housing development scam unfolding in a satellite city of Seoul where a handful of unknown people made undeserved profits of an astronomical scale. Their adrenaline goes up when they imagine the possible involvement of Lee Jae-myung, the ruling party’s presidential election front-runner, in this affair in his political hometown. The Daejang-dong project in Seongnam