He will focus on enhancing Fullerton's fixed income capabilities and expanding its suite of investment solutions SINGAPORE , June 17, 2022 /PRNewswire/ -- Singapore – Fullerton Fund Management ("Fullerton") has appointed Angus Hui as Head of Fixed Income, effective 20 June 2022 . Angus will report to Ken Goh , Chief Investment Officer (CIO). As Head of Fixed Income, Angus will be res...

The exhibition features works by North Korean artists of different generations, from young and emerging artists to traditional painters, according to the official. The works on display were collected by Kim Sang-deok, the chair of the Gwangju headquarters of Mintong, and his acquaintances, the official said. The exhibition is open from 9 a.m. to 6 p.m., except on Sundays. Admission is free. By...

Education Minister and Deputy Prime Minister nominee Park Soon-ae denied the allegation she had inappropriately included her husband in studies. Park, a former professor at Seoul National University’s Graduate School of Public Administration, has been accused of inappropriately including her husband in researches and academic journals. The Education Ministry released a statement Thursday, denyin...

South Korea’s key stock index plunged below the 2,400-point threshold for the first time in 19 months on Friday, weighed down by risks stemming from the US Federal Reserve’s boldest rate hike in nearly two decades. The benchmark Kospi opened 1.7 percent lower from its previous closing of 2,409.72, but fell to 2,396.47 at one point in early morning trade. This marked the first time the index fell...

By Kim Hae-yeon ( hykim@heraldcorp.com )

South Korea's top nuclear envoy has met senior US State Department officials in Washington, D.C. to discuss North Korea policies amid concerns of it carrying out a nuclear test, according to officials Friday. Kim Gunn, special representative for Korean Peninsula peace and security affairs, had a series of meetings with the Joe Biden administration officials during his trip there accompanying For...

President Yoon Suk-yeol told UN Secretary-General Antonio Guterres that the UN Security Council should respond in a resolute and united manner to North Korea's provocations. Yoon made the remarks in a phone call with Guterres, saying North Korean provocations pose a serious threat to peace on the Korean Peninsula and the international community, an official at Yoon's office said. Last month, th...

Global streaming giant Netflix has recently announced its plans to renew a slew of its hit Korean-language originals, like the smash-hit survival drama "Squid Game," for more seasons in an apparent bid to gain fresh momentum as the pandemic winds down. Earlier this week, Netflix confirmed that "Squid Game" (2021) will return for a second season. It was the official announcement by the streamer ...

President Yoon Suk-yeol on Friday refuted criticism from the main opposition Democratic Party (DP) that investigations into officials of the previous administration are politically motivated. "It is not desirable to politically debate about the normal justice system," Yoon said when asked to comment on the DP's contention with probes into officials of the former Moon Jae-in administration and Re...

K-pop supergroup BTS' new album "Proof" sold over 2.75 million copies in the first week of its release, a record for all K-pop albums released so far this year, its agency said Friday. The anthology album had sold a total of 2,752,496 copies as of Friday, just a week after it became available, Big Hit Music said, citing data from Hanteo Chart, a local album sales tracker. It was the highest fir...

South Korea's overseas direct investment more than doubled on-year in the first quarter of this year amid an economic recovery from the COVID-19 pandemic, the finance ministry said Friday. The value of investments made overseas by South Korean companies reached $25.4 billion in the January-March period, up from $11.34 billion a year earlier, according to the data by the Ministry of Economy and F...

A tripartite panel tasked with determining next year's minimum wage has agreed not to apply different rates to different industries, maintaining the current system, officials said Friday. The Minimum Wage Commission, which is composed of 27 representatives, nine each from labor, business and the general public, met at the government complex in Sejong for its fourth plenary session this year to n...

Jungkook, a vocalist of K-pop giant BTS, will drop a collaborative single with US singer-songwriter Charlie Puth next Friday. Puth unveiled a video of Jungkook and him humorously discussing their plans to release "Left and Right" on TikTok on Friday. The BTS member sang a verse of the song from the left and right sides of the microphone in turn just like the song's title at the request of the A...

President Yoon Suk-yeol said Friday that the government's plan to cut the corporate tax will help companies raise their competitiveness. Yoon made the remarks as he arrived for work, a day after the finance ministry proposed lowering the maximum corporate tax rate to 22 percent, the average rate in countries of the Organization for Economic Cooperation and Development (OECD), from 25 percent. I...

Key aides to North Korean leader Kim Jong-un, including his sister, have donated medicine to help people stricken with a new infectious disease in the country's southwestern region, according to Pyongyang's state media Friday. Kim Yo-jong, the leader's younger sister who serves as vice department director of the Central Committee of the Workers' Party of Korea (WPK), and other leading officials ...