Global TV sensation "Squid Game" and the music video for "My Universe," a collaborative single between BTS and British rock band Coldplay, have been nominated for the 26th annual US Art Directors Guild (ADG) Awards. The ADG on Monday (US time) announced nominations for this year's awards show, which will return to a live ceremony on March 5 in Los Angeles. The ADG Awards honor excellence in pro...

Ruling party presidential candidate Lee Jae-myung pledged Tuesday to provide a basic income of up to 1 million won ($836) to residents of farming and fishing villages if elected in March. Lee of the liberal Democratic Party announced the pledge at a press conference in Pocheon, 46 kilometers north of Seoul, as he canvassed voters in Gyeonggi Province for a third day. Lee said he will increase t...

Four out of 10 self-employed people in South Korea are considering closing their businesses due to sluggish sales amid the long-enforced strict social distancing rules during the coronavirus pandemic, a survey showed. According to the survey of 500 people operating restaurants, retail and other service businesses by the Federation of Korean Industries, a major business lobby group, 40.8 percen...

Since Paulo Bento took over as head coach of the South Korean men's national football team in August 2018, no Korean player has scored more goals than Hwang Ui-jo's 13. After years of relative anonymity, the 29-year-old forward for FC Girondins de Bordeaux has emerged as the go-to striker for Bento, the safety valve that can find the back of the net in desperate moments. And as South Korea prepa...

NEW YORK , Jan. 25, 2022 /PRNewswire/ -- AFS is proud to announce the new AFS Global STEM Changemakers Initiative , funded by bp. This new initiative aims to provide 5,000 young people worldwide with immersive learning experiences through STEM, global competence, and sustainability-focused intercultural exchange programs. The initiative will span the next five years (2022-2026) and is run by...

South Korea's top 30 family-controlled conglomerates have seen their stock market capitalization spike more than 30 percent over the past four years, with Samsung Group taking the top spot, a market tracker said Tuesday. The combined value of 201 listed firms belonging to the leading business groups, known as chaebol here, came to some 1,504 trillion won ($1.26 trillion) as of Friday, up 33.2 pe...

South Korean stocks opened lower Tuesday, as investors await the US Federal Reserve's stance about rate hikes. The benchmark Korea Composite Stock Price Index (Kospi) fell 19.65 points, or 0.7 percent, to 2,772.35 points in the first 15 minutes of trading. The Federal Reserve is scheduled to end its two-day monetary policy meeting Wednesday (local time), which is expected to give clues on its m...

South Korea's economy posted the highest growth rate in 11 years as consumption and exports bounced back from the pandemic-caused slump, central bank data showed Tuesday. The gross domestic product is estimated to have grown 4 percent in 2021, marking a turnaround from a year earlier when the economy contracted 0.9 percent, the worst performance since 1998, according to the data from the Bank of...

Corporate direct financing by firms in South Korea jumped 19 percent on-year in 2021 driven by multiple massive initial public offerings (IPOs), data showed Tuesday. Local companies raised a combined 231.48 trillion won ($194 billion) by selling stocks and bonds last year, up 37 trillion won from the previous year, according to the data from the Financial Supervisory Service. Direct financing r...

The United States continues to call on North Korea to stop its provocations and instead return to dialogue to find ways to de-escalate tension, US Department of Defense Press Secretary John Kirby said Monday. Kirby also said the US remains concerned about the North's advancing nuclear and ballistic missile capabilities. "We've been very clear about our concerns over the advancing nuclear ambiti...

The museum plans to introduce the artist to the international art scene by releasing an English publication about the artist. The exhibition will present Chung’s representative works from the 1990s to the present. Chung deconstructed conventional art and posed questions about sculpture itself, incorporating non-sculptural materials found throughout industrialized society such as styrofoam, linole...

After a long, mysterious silence, US President Joe Biden has spoken out about the ever-increasing concentration of Russian troops near the Ukrainian border. He would have been better off keeping quiet, given his astonishing and dangerous message. NATO officials -- and his own aides -- have had to scramble to redefine the meaning of his words. When asked at a press conference if he thought Russia...

At 86, the Dalai Lama is beloved around the globe for his promotion of world peace, religious harmony and the need for climate action. But while the Western world protests China’s human rights abuses, the Dalai Lama is eerily quiet. The spiritual leader of Tibet remains hopeful for a better future for Tibet with China. When the Dalai Lama was asked about the leadership of Chinese President Xi Ji...