South Korea’s homegrown rocket Nuri is all set for liftoff on Tuesday, six days after a last-minute technical glitch was found. The Ministry of Science and ICT said Friday the Korea Aerospace Research Institute has identified the problem in one of the electric components of the sensor in the oxidizer tank and replaced it with a new one. After changing the 1.2-meter-long core component of the s...

Includes Interactive 3D Animated Entrance Installation, Exclusive Portrait Studio and 3D Marketplace Showcase NEW YORK , June 17, 2022 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK ), one of the leading global creative platforms for transformative brands and media companies, today announced it will be bringing a multi-dimensional immersive experience to this year's Cannes Lions festival...

The family of the South Korean man who was shot dead in 2020 by North Korean troops at sea on Friday accused the preceding Moon Jae-in administration and the then-ruling Democratic Party of Korea of “insisting without evidence” that the deceased had tried to defect to the North. A day earlier, the Coast Guard and the Ministry of Defense corrected their earlier determination that Lee Dae-jun, a M...

Enhypen uploaded a mood board for its forthcoming EP on Friday. The band used an image collage for its third EP, “Manifesto: Day 1.” It includes graffiti, hinting that it will be full of the bandmates’ raw energy. It also showed “Don’t Judge Me,” a phrase that appeared in the teaser video and promotion calendar as well. The seven-member act’s first full-length album “Dimension: Dilemma” ...

Forty-nine child support obligors will be punished for refusing to pay for their children’s basic living expenses, the Ministry of Gender Equality and Family announced Friday. The ministry has revealed on its website the names of two noncustodial parents who did not pay the court-ordered expenses and requested a travel ban on 17 obligors and a driver’s license suspension for another 30. The pun...

The veteran director also shared his views about the increasing cultural power of Korean content. “Our creative content industries have studied many strengths of foreign cultures and, for a long time, tried to follow them. But I think we have to concentrate on our own stories, not necessarily be conscious of a ‘global standard.’ Good content will always be respected by many people regardless of ...

Samsung Electronics shares, which account for some 18 percent of South Korea’s benchmark Kospi’s market capitalization, closed at a 52-week low on Friday hit by the prolonged global memory chip supply shortage coupled with concerns of an economic slowdown. The market bellwether closed at its lowest price since Nov. 4, 2020 and 1.81 percent lower from the previous day’s trading at 59,800 won ($46...

For Kim Sang-ji, a 28-year-old white-collar employee working at a trading company in Seoul, healthy lunch meals had been her usual choice -- until recently. Now, she heads to a convenience store nearby. When picking up a 5,000 won ($3.80) lunchbox or a 2,000 won gimbap roll, she feels unsatisfied. But when thinking about the cost of eating out these days -- particularly in the business district o...

NEW DELHI , June 17, 2022 /PRNewswire/ -- One of the largest private energy players in India , AG&P City Gas, operating under the brand name AG&P Pratham, has been adjudged as the '2022 Energy Company of the Year' in the non-renewable category. The Economic Times Energy Leadership Awards acknowledges outstanding companies and individuals that exemplify leadership and operational excellence i...

Fulfilling Corporate Social Responsibilities and Injecting Digital Intelligence into Sustainable Development SHENZHEN, China , June 17, 2022 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today has released its 2021 sustainability report across the globe. The re...

US supports Japan’s rearmament The US policy coordinator for the Indo-Pacific also conspicuously expressed endorsement of Japan’s move toward rearming, pointing out that Japan has become “responsibly engaged in the Indo-Pacific.” “Japan has been deeply committed to peace and stability in Asia, and in the Indo-Pacific,” Campbell said when asked how he sees the rearmament of both Japan and German...

SEJONG -- South Korea far outstripped the average of the Organization for Economic Cooperation and Development in the ratio of inheritance and gift tax revenues to gross domestic product, a local think tank said Friday. In a report, the Korea Economic Research Institute said Korea posted 0.5 percent in the ratio of revenue from inheritance and gift tax to GDP, which placed the nation at No. 3 am...