London’s Festival of Korean Music, known as the K-Music Festival, which serves as a bridge for exchange and the promotion of traditional Korean music, is returning with live performances this fall. This year marks the eighth anniversary of the festival, organized by the Korean Cultural Center UK, along with Serious, which also serves as the main organizer for the EFG London Jazz Festival. A total of eight performances will be held across five different stages from Oct. 6 to Nov. 17, thr

Twice will release its third studio album next month followed by an international tour, after celebrating its sixth anniversary month with a week-long event. 　 The news came at the end of the music video for its first English-language single “The Feels” that was unveiled Friday. Some of the group’s songs -- including “More & More” from 9th EP, “I Can’t Stop Me” from 2nd LP, and digital single “Cry for Me” -- have English-language v

Solus Advanced Materials, formerly known as Doosan Solus, said Friday it had split off its bio division as a wholly owned subsidiary Solus Biotech to target the global mRNA vaccine market. The new bio subsidiary will be led by Seo Kwang-byeok, the current CEO of Solus Advanced Materials, and target an annual revenue of 120 billion won ($100 million) by 2025. Solus Biotech supplies organic compounds to global manufacturers of cosmetic, food and pharmaceutical products. The firm commands 95

The National Museum of Modern and Contemporary Art, Korea’s exhibition of 54 modern art masterpieces bequeathed by the Samsung Group Chairman Lee Kun-hee has become the most popular exhibition in the museum’s history, with reservations filling fast as soon as time slots open each day. In efforts to consider older visitors, the museum reserves the 10 a.m. slot on Tuesdays for the over-65s. The museum provides a total of eight sessions each day, each allowing 20 visitors for an hour

South Korea’s major milk and dairy product providers are set to raise retail prices of their products next week. Namyang Dairy Products said Friday the company will increase retail prices of commercial milk products by an average 4.9 percent from Oct. 14. The firm said the prices of fermented and processed milk products will be risen 0.3 percent and 1.6 percent on average, respectively. For example, two packs of Delicious MilkGT, Namyang’s best-selling product, will be priced

North Korea test-fired a new anti-aircraft missile Thursday, its official Korean Central News Agency said amid an impasse over nuclear negotiations with the US and frayed ties with South Korea. The launch is the latest weapons test Pyongyang has conducted since test-firing a hypersonic missile Tuesday and ballistic missiles and a cruise missile earlier in September. It is considered a follow-up on Pyongyang’s plan to bolster its defense capabilities made public at its January congress. &

South Korea’s stock market slumped in September on the back of the debt crisis involving Evergrande Group, one of China’s biggest property developers, and a hint by the US Federal Reserve that it would begin tapering. According to the Korea Exchange, the country’s stock market operator, the benchmark Kospi lost 4.08 percent to 3,068.82 points during September. The secondary tech-heavy Kosdaq shed 3.88 percent to close at 1,003.27 points during the same period. Kospi’s

Hard to keep up with flood of content, Netflix’s “Squid Game” took 21 days to get rating

South Korean stocks dipped Friday on concerns about early inflation in the United States and the extended virus curbs at home. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) retreated 49.64 points, or 1.62 percent, to close at 3,019.18 points. Trading volume was moderate at about 845 million shares worth some 12.8 trillion won ($10.8 billion), with losers outnumbering gainers 779 to 125. Foreigners sold a net 300 billion won, while retail inves

SsangYong Motor Co. said Friday its sales plunged 40 percent last month from a year earlier on weaker domestic demand. SsangYong Motor sold 5,950 vehicles in September, down from 9,834 units a year earlier, the company said in a statement. Domestic sales dropped 53 percent to 3,859 units last month from 8,208, while exports rose 29 percent to 2,091 units from 1,626 during the same period, it said. From January to September, sales fell 17 percent to 61,854 autos from 74,707 during the same period

South Korea's construction business sentiment bounced back in August from a month earlier due largely to seasonal factors, a poll showed Friday. The construction business survey index (CBSI) came to 94.9 last month, up 5.5 points from the previous month, according to the survey by the Construction and Economy Research Institute of Korea. However, the September figure remains below par. A reading below 100 indicates builders are pessimistic about the current state of the construction industry and