Lee Jae-myung, the presidential candidate of the ruling Democratic Party, on Monday called for the provision of full compensation to pandemic-hit small businesses as he unveiled a set of measures to support their recovery. "I want to pay back people's sacrifice in a way that is completely different from now," Lee said in his meeting with small business owners and self-employed people. "I will ch...

Hybe, the K-pop powerhouse behind the superband BTS, has released an official teaser for “7 Fates: CHAKHO,” an upcoming original webtoon collaboration among BTS members, Hybe and Naver Webtoon. The one-minute video, starring RM, Jin, Suga, J-Hope, Jimin, V and Jungkook, talks about fate -- the central theme of the upcoming webtoon. In the teaser clip, the members are seen reaching toward a ball...

President Moon Jae-in on Monday ordered the government to secure additional COVID-19 hospital beds, health care workers and testing centers to counter the growing numbers of COVID-19 cases. “The government will take extraordinary measures to secure enough medical capacity” to counter the resurgence of cases, Moon said in a statement released by Cheong Wa Dae. Moon also ordered concerned governm...

To start off 2022, TCL will virtually reveal its latest display technologies and 2022 additions to its smart devices lineup with Inspire Greatness Press Conferences HONG KONG , Dec. 20, 2021 /PRNewswire/ -- TCL Electronics (1070.HK), a leading consumer electronics brand, is bringing the excitement to global audiences with its latest corporate messaging - smart home in action, as well as the p...

What started as a split-second decision to follow a friend’s suggestion to go on an adventure to Asia became a turning point in Aaron Cossrow’s life. Find out why the Philadelphia native is painting everyday people in Seoul and how he put together an exhibition in the middle of the bustling city. By Team Konnect Kim Min-jung ( minjung.kim@heraldcorp.com ) Jung Ji-eun ( jungje@heraldcorp.com...

“The Policeman’s Lineage,” directed by Lee Kyu-man, will be the first Korean film in the theaters next year, according to the film’s distributor Acemaker Movieworks on Monday. “Despite the toughened Level 4 social distancing rules this summer, Korean films like ‘Escape from Mogadishu,’ ‘Sinkhole’ and ‘Hostage: Missing Celebrity’ were screened,” the distributor said in a statement. “Although we a...

The Korean Film Archive on Monday announced it will screen nine Korean independent films that were well received between December last year and November this year at Cinematech KOFA in Sangam-dong, Seoul. The nine films are “Happy Children” by Lee Ji-won, “I Don’t Fire Myself” by Lee Tae-gyeom, “Snowball” by Lee Woo-jung, “Festival” by Kim Rok-kyung, “Black Light” by Bae Jong-dae, “Short Vacatio...

Krafton Inc., the South Korean gaming giant behind the global smash hit "PlayerUnknown's Battlegrounds" (PUBG), said Monday that it has invested $5 million in the Indian dating app FRND. The investment into FRND is part of a Series A round of funding worth $6.5 million that includes other investors, such as India Quotient and Elevation Capital, the company said. A Series A round of financing is...

South Korea's finance ministry on Monday revised up its 2022 growth outlook for the country's economy to 3.1 percent, saying that exports and private spending will likely gain ground despite heightened economic uncertainty. The government's latest projection is higher than the 3 percent growth forecast made in June, according to the Ministry of Economy and Finance. The ministry's outlook is mor...

South Korean stocks plunged nearly 2 percent Monday morning amid spreading virus concern. The Korean won steeply fell against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) retreated 54.73 points, or 1.81 percent, to close at 2,963 points, the lowest closing since Dec. 2. Trading volume was low at about 371 million shares worth some 8.5 trillion won ($7.1 billion), with ...

SEJONG -- South Korea has publicized its goals of attaining full-fledged normalization of the economy beyond the pandemic crisis in 2022, alongside taking the lead in global competition to occupy future businesses. Deputy Prime Minister and Finance Minister Hong Nam-ki highlighted these dual goals during the government’s unveiling of economic policy directions for next year at the Government Com...

BEIJING , Dec. 20, 2021 /PRNewswire/ -- China's liquor producer Jiugui Liquor Co., Ltd. supported the comeback of the Shape of Culture season two, a cultural variety show featuring Chinese world heritage project promotion through exclusive sponsorship. A poster previews the 12 world heritages in China in the second season of the Shape of Culture sponsored by Jiugui Liquor. The show is sche...

LUND, Sweden , Dec. 20, 2021 /PRNewswire/ -- Syntach AB in Lund, Sweden has been awarded € 2.5 million as a grant and part of blended finance of up to € 17,5 million from the European Innovation Council (EIC) to support the development of its unique minimally invasive cardiac support system. Over 60 million people suffer from heart failure, and it is one of the most common causes of death ...

LG Group chairman and Chief Executive Officer Koo Kwang-mo urged its staff and executives across the world to focus on creating a “valuable user experience” for customers in his New Year’s speech for 2022. Koo, who serves in the top post of South Korea’s fourth-largest family-owned conglomerate, stressed in the mission statement that its staff should think outside the box and explore what is bey...