Boy band Cravity will hold its first standalone concert from April 2 to 3, announced agency Starship Entertainment on Wednesday. Through the concert titled “Center of Gravity,” the nine-member act will “become the center of the K-pop scene and leap higher, said the company. It added that the band will showcase performances it has perfected. The concert will be broadcast live on the second day...

The UKCA mark is being introduced for products in England , Scotland and Wales and will replace the European CE mark. NORTHBROOK,Ill., March 2, 2022 /PRNewswire/ -- UL, a global safety science leader, announced today that it empowers companies to maintain post-BREXIT market access with Construction Products Regulation (CPR) related safety testing and certification services for the CE Mar...

OPCON transfer during presidency Lee seeks to expeditiously complete the transfer of wartime operational control (OPCON) within his term if he is elected. The presidential candidate will “promptly” meet conditions required for the wartime OPCON transition while respecting the bilaterally agreed transition plan. But a common understanding on the matter between Washington and Seoul is also essent...

Hana Bank said on Wednesday it has begun offering its facial verification service round the clock, allowing customers to open accounts any time day or night. Using artificial intelligence and big data, the facial recognition solution verifies users by comparing their faces to their ID photos within one second. It was chosen as an innovative financial service by the Financial Services Commission...

Jungheung Group Chairman Jung Chang-sun vowed Wednesday he would nurture Daewoo Engineering & Construction to become a top builder, as the acquisition process has recently been successfully completed. “We finalized the M&A process on Feb. 28 and this day will become a historic day for Daewoo E&C to start anew,” Jung said in his message to employees. “Now, as a family of Jungheung Group, we will ...

In 1966, he started his career as a professor and taught Korean literature at Ewha Womans University in Seoul where he became an honorary professor in 2011. As the country’s first culture minister, Lee focused on creating the foundation for developing the country’s cultural policies. One of the best-known achievements of his tenure was at the 1988 Seoul Olympics. He directed a special performan...

SEJONG -- South Korea is struggling to avoid the current unfavorable situation, in which its tech-oriented companies should receive endorsement from the US before they export products to Russia. Though Korea has dispatched senior officials to the US to overcome the situation, critics are saying it is too late. The situation comes as the Korean government took a relatively passive stance in Febr...

South Korean stocks advanced for a third consecutive session Wednesday amid continued military tensions in Ukraine and hopes a full-scale war may be avoided. The Korean won rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) edged up 4.34 points, or 0.16 percent, to close at 2,703.52 points. Trading volume was moderate at about 519 million shares worth some 10....

The Daesan Foundation is accepting applications for translation of Korean literary works. Applicants can choose a Daesan Literary Award prize-winning work that has not been translated into the target language, or others that the translator wishes to work on. The foundation funded translations of 13 Korean works last year. This year, up to 15 million won ($12,400) will be given for a single tran...

Presidential candidate Yoon Suk-yeol of the main opposition People Power Party has once again come under fire for an inconsiderate social media post, which appeared to disregard the seriousness of the situation in Ukraine. On Monday, a tweet was uploaded on Yoon’s Twitter account with the message, “We stand with Ukraine” in both Korean and English. However, the tweet grabbed public attention not...

Hyundai Motor Co., South Korea's biggest carmaker, said Wednesday its sales rose 1.4 percent last month from a year earlier despite global chip shortages. Hyundai Motor sold 304,613 vehicles in February, up from 300,514 units a year earlier, the company said in a statement. Domestic sales climbed 1.7 percent to 53,010 units from 52,102 during the period, while overseas sales were also up 1.3 pe...

Korean space tech startup Space Star said Wednesday it will send the DNA of famous mountaineer Um Hong-gil to space, honoring his world record to have climbed the 16 highest peaks on Earth. After swabbing Um’s DNA from his mouth, the company plans to seal it in a capsule and send it to space by the end of this year. “Along with other world renowned celebrities, Um will be the first Korean celeb...

SsangYong Motor Co. said Wednesday its sales more than doubled last month from a year earlier on sharply increased exports of its SUV models. SsangYong Motor sold 7,052 vehicles in February, up from 2,789 units a year earlier, the company said in a statement. Domestic sales jumped 70 percent to 4,540 units last month from 2,673 a year ago, while exports soared to 2,542 units from 116 during the...

The Korean beer maker Oriental Brewery said Wednesday it would lift prices of its beer products by an average annual rate of 7.7 percent starting from March 8. The price hike comes as the company seeks to offset higher raw material and packaging costs fueled by COVID-induced supply disruptions. The beer manufacturer said it has seen the global price of barley, the primary ingredient of beer, c...

Ordinary Koreans are also joining in on donating to help Ukrainians affected by the invasion. But with news of fake charity websites swindling people’s donations, people were advised to take caution when sharing information while making contributions online. A user named zXie on the IT information community Giggle Hardware recently posted a screengrab of his donation to the Ukrainian Red Cross, ...