The Korean Sport & Olympic Committee’s urgent press conference in Beijing, held to protest biased officiating, fell far short of the goal of raising the issue internationally, if that had been a goal at all. The committee conducted the press conference at the Beijing Olympics Main Media Center on Tuesday. The purpose was to announce its plan to file an appeal with the Court of Arbitration for Sp...

“Kim Swoo-guen began contemporary architecture in Korea. It was a great thing to join his team upon graduating college in 1965,” Kim said. Along with his teacher, Kim took part in designing the Korean Pavilion at Expo 67 held in Montreal, Canada in 1967. The funds raised will go to the Seoul-based Project Management for International Cooporation, which helps vaccinate children in North Korea aga...

Report finds companies can gain $357 billion in annual profits globally through people-focused transformation efforts and a commitment to ESG BENGALURU, India , Feb. 8, 2022 /PRNewswire/ -- Digital adoption alone is no longer enough to meet business objectives and drive profits, according to new research from Infosys Knowledge Institute (IKI), the thought leadership and research arm of In...

Samsung Electronics Vice Chairman and CEO Han Jong-hee is in Vietnam to make final preparations for the South Korean tech giant’s annual Galaxy Unpacked event scheduled this Thursday. According to an industry source Tuesday, the executive arrived in Hanoi on Monday to check the production of Galaxy 22 smartphones. This is Han’s first visit to Vietnam since Samsung Electronics merged its smartpho...

Chuu of Loona will be absent from the band’s forthcoming concerts due to health reasons, agency Blockberry Creative said Tuesday. She and the members have discussed the matter and concluded that it would be best for her to focus on recovery. The company apologized for the short notice and asked fans for their understanding. The 13-member act is holding the concert “Loonaverse: From” on Fe...

The spectacular zombie action and unique setting of a Korean high school aside, the actor thought that the sweet teen romance in an apocalyptic situation is another charm of “All of Us Are Dead.” “I was surprised to find out that many people were showing their love and support for different couples in our series. I think this is another factor that differentiates our series from other zombie pro...

The Embassy of Pakistan in Seoul organized the photo exhibition “A Journey through Pakistan” at Dongjak Art Gallery in Seoul. The exhibition was held from Feb. 3 through Saturday, and showcased Pakistan’s diverse heritage, scenic landscape, and beautiful and vibrant handicrafts. According to the Embassy of Pakistan, members of the diplomatic corps, Korean cultural and trade associations, leader...

As COVID-19 limited overseas travel, duty free stores of Lotte and Shilla saw their revenues plunge 37.1 percent and 39.1 percent, respectively in 2020, compared to 2019. Premium brands such as Louis Vuitton are seeking to focus instead on department stores and airport duty-free shops, especially those in China’s domestic flight airports. Louis Vuitton reportedly plans to open six more airport ...

SEJONG -- Gasoline prices in South Korea climbed for the 30th consecutive day in tandem with international crude prices, adding to the burden on households and businesses. According to the Korea National Oil Corp., the price of gasoline rose to 1,688.19 won ($1.41) per liter on Tuesday. This marked a rebound stretching 30 consecutive days, starting from Jan. 10 after posting 1,621.3 won on Jan. ...

Executives are upbeat about 2022 despite pandemic-driven disruption, record freight rates DUBAI , UAE, Feb. 8, 2022 /PRNewswire/ -- Most logistics industry executives see moderate-to-strong economic growth and little or no chance of recession in 2022, even without immediate relief from the snarled supply chains and sky-high ocean and air freight rates triggered by the COVID-19 pandemic. Agil...

Teacher unions are raising criticism of the Ministry of Education, accusing it of putting the burden of COVID-19 management on schools and teachers. On Monday, the Education Ministry announced that schools will move to “normalcy” in attendance measures for the new semester, flexibly responding to virus situations. Under the new measure, schools can change their attendance policy based on the ne...

Eva Global Holdings, a New York- and Seoul-based consultancy firm specializing in trade and investment, said Tuesday it has signed a memorandum of understanding with the Federation of Indian Industry to support Korean companies looking to enter the Indian market. The Federation of Indian Industry, or FII, is a business lobby that represents some 5,000 Indian companies. The latest agreement aims...

South Korean stocks closed nearly flat Tuesday, paring most earlier gains, in the face of elevating trade tensions between the world's two largest economies. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) edged up 1.41 points, or 0.05 percent, to close at 2,746.47 points. Trading volume was moderate at about 555 million shares worth some 11.6 ...

With less than 30 days to go to the March presidential election, candidates from opposition parties are bringing talks to merge their campaigns to the surface. Yoon Suk-yeol of the main opposition People Power Party expressed for the first time his openness to unifying his candidacy with Ahn Cheol-soo of the minor opposition People’s Party in a media interview Monday. Ahn, however, drew a line ...