Kim Jung-ju, the founder of South Korea’s biggest game maker Nexon and an engineer-turned-entrepreneur who led the country’s burgeoning game industry which also made him the richest man here, passed away on Monday. He was 54. According to Nexon’s holding company NXC, Kim died on Feb. 28 in Hawaii, the United States. He had been undergoing treatments for depression and it appeared that the sympto...

KYIV, Ukraine (AP) -- Ukraine's leader decried Russia's escalation of attacks on crowded urban areas as a blatant campaign of terror, while US President Joe Biden warned that if his Russian counterpart weren't made to "pay a price" for the invasion, the aggression wouldn't stop with one country. "Nobody will forgive. Nobody will forget," Ukraine's President Volodymyr Zelenskyy vowed after Tuesda...

BARCELONA, Spain -- The board of GSMA, the host of Mobile World Congress 2022, has greenlighted a plan urging video streaming service providers to share telecom carriers’ costs of expanding broadband infrastructure, amid lingering conflicts over charging more network usage fees to those causing heavy internet traffic. The plan was proposed by a policy group under GSMA, which called on global con...

K-pop girl group aespa swept up three prizes at the 19th Korean Music Awards, achieving a milestone as the rookie group with the most number of prizes at the awards. At the annual music awards ceremony held at Nodeul Live House on Nodeul Island, central Seoul, Tuesday, the quartet took home the song of the year award for its megahit “Next Level,” which dropped May last year. “Next Level” also w...

South Korean asset managers have started suspending the issue and redemption of shares on their Russia-exposed funds as the US and its allies continued to ramp up economic sanctions against Moscow. According to market tracker FnGuide on Wednesday, nine Russia-exposed equity funds, including an exchange-traded fund, with a combined asset of 158.7 billion won ($131.6 million), are being sold by Ko...

The new school year kicked off Wednesday while the country’s daily COVID-19 tally soared to nearly 220,000. According to the Korea Disease Control and Prevention Agency’s report on Wednesday, the number of daily cases here reached 219,241, up 80,248 from the previous day. The total caseload reached 3,492,686 accordingly, the country’s health authorities said. Despite the tally, most schools o...

With just a week to go until Election Day, many poll results are still showing a tight neck-and-neck race between the two major candidates, a situation unusual compared to past presidential elections. A Realmeter survey of 1,007 adults conducted from Monday to Tuesday showed Yoon Suk-yeol of the main opposition People Power Party in the lead with 46.3 percent, closely followed by Lee Jae-myung o...

A London-based betting exchange running a live prediction of the 20th presidential election for South Korea showed the main opposition party candidate with a higher chance of winning the race against his ruling party rival as just a week remains before Election Day. As of 2:30 p.m. Wednesday, a betting page for the South Korean presidential election on Smarkets predicted presidential nominee Yoo...

The military on Wednesday reported 898 additional COVID-19 cases, raising the total caseload among its domestic personnel to 20,167. The new cases included 639 from the Army, 73 from the Navy, 66 from the Air Force, 66 from the Marine Corps and 44 from units under the direct control of the defense ministry. There were also six cases from the ministry, three from the South Korea-US Combined Forc...

South Korean builders' business sentiment edged up in February from a month earlier on the back of increasing orders, a poll showed Wednesday. The country's construction business survey index (CBSI) came to 86.9 last month, up 12.3 points from the previous month, according to the survey by the Construction and Economy Research Institute of Korea. Yet February's tally was still below par. A read...

Diplomats of South and North Korea clashed over differing views of the Russian invasion of Ukraine at the UN as delegates met for an emergency session to discuss a resolution condemning Moscow’s aggression. Cho Hyun, the South Korean ambassador to the UN, strongly condemned “Russia’s armed invasion of Ukraine,” throwing support behind a UN General Assembly resolution that was set for a vote W...

Russia's invasion of Ukraine could further increase North Korea's reluctance to abandon nuclear arms, former US Forces Korea (USFK) chiefs have said, raising the need for Seoul and Washington to beef up their combined readiness. In its monthly newsletter, the Korea-US Alliance Foundation (KUSAF) released a summary of their recent comments on the Ukraine crisis and its ramifications on the Korean...

South Korean girl group Red Velvet will be back with a new EP this month, the group's agency said Wednesday. The album titled "The ReVe Festival 2022 - Feel My Rhythm" will hit local music stores on March 21, SM Entertainment said, adding the EP consists of six songs, including the title track "Feel My Rhythm." Ahead of the release, Red Velvet will hold live concerts at Olympic Park in Seoul on...

South Koreans bid a final farewell to late former culture minister Lee O-young on Wednesday, in a funeral ceremony led by the culture ministry for one of South Korea's most revered literary critics and novelists. His family, friends and figures from the culture and art scenes paid their respects to Lee at the National Library of Korea in southern Seoul. The library is a symbolic venue for him a...

WASHINGTON -- US President Joe Biden left out North Korea in his first State of the Union address on Tuesday that laid out various challenges facing his country, including the ongoing Russian invasion of Ukraine. The US leader, however, thanked South Korea, along with dozens of other countries, for condemning what he called Russia's "unjustified" and "totally unprovoked" aggression on Ukraine. ...