Ruling party presidential candidate Lee Jae-myung and his main opposition rival Yoon Suk-yeol are in an increasingly tight race, with one opinion poll putting Lee ahead of Yoon and another survey showing contrary results. In a Korea Society Opinion Institute (KSOI) survey of 1,008 adults, Lee led with 40.3 percent against Yoon's 37.4 percent, though the gap was within the margin of error of plus...

Signum will bridge the physical and digital worlds in the diamond industry ANTWERP, Belgium , Dec. 20, 2021 /PRNewswire/ -- HB Antwerp, the entrepreneurial diamond start-up, is proud to announce the release of the first luxury brand created by nature and born in the Metaverse, Signum . Signum is an experiential diamond brand aimed at a new generation of luxury consumers who value self-expr...

"Spider-Man: No Way Home," Marvel's latest Spider-Man series film, is smashing the South Korean box office to become the most-watched movie in the first week since the pandemic, data showed Monday. The blockbuster attracted 1.74 million people from Friday-Sunday, bringing its cumulative total to 2.27 million in the five days following its release, according to the data by the Korea Film Council....

First EUL granted by WHO for a protein-based COVID-19 vaccine EUL vaccine manufactured and marketed by SII as COVOVAX™ WHO EUL for Nuvaxovid™ currently under assessment; will be completed following European Medicines Agency (EMA) review GAITHERSBURG, Md. and PUNE, India , Dec. 20, 2021 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and comme...

South Korean stocks opened steeply lower Monday, tracking last week's fall on Wall Street stemming from virus concerns. The benchmark Korea Composite Stock Price Index (KOSPI) declined 29.65 points, or 0.98 percent, to 2,988.08 points in the first 15 minutes of trading. Most large caps traded lower in Seoul. Top cap Samsung Electronics shed 0.9 percent, and No. 2 chipmaker SK hynix decreased 0...

Police have earmarked over 700 million won ($590,000) for the security details of major presidential candidates, officials said Monday. According to police, 762 million won has been set aside for security-related funds for the March presidential election, including those for candidates' close-up security, equipment and transportation support. The budget marks an increase from 728 million won in...

South Korea's state power firm Korea Electric Power Corp. (KEPCO) said Monday it will freeze the country's electricity rates in the first quarter of 2022 amid rising inflation. KEPCO said it has decided to set the adjusted unit fuel cost at zero won per kilowatt-hour for the January-March period of next year, the same as that three months earlier. Late last year, KEPCO adopted a flexible electr...

Dividends by South Korea's four major financial holding firms are expected to hit an all-time high in 2021 as they have decided to return more of their bumper profits to shareholders, sources said Monday. The combined dividend payout of the four is likely to reach around 3.83 trillion won ($3.23 billion) this year, according to the sources and an estimate by Yonhap Infomax, the financial news ar...

Income and wealth inequality is unjust, and yet the world continues to tolerate rising injustices, the most recent being inequalities in vaccine distribution. French political economist Thomas Piketty and his colleagues at the World Inequality Lab have just published the World Inequality Report 2022, a real goldmine in data and insights on global inequalities. I found at least three nuggets insi...

This year marks the 300-year anniversary of Peter the Great’s declaration of himself as emperor and Russia as an empire. But it also marks another important date: 30 years since the dissolution of the Soviet Union in December 1991. In Vladimir Putin’s Russia, the first is a cause for celebration, the second for regret. During his two decades in power, Putin has spared no effort dismantling Russia...

When I was little, I frequently watched the movie “Home Alone” during the holiday season. The movie became a must-see for the holiday, just as “The Nutcracker” is an essential Christmastime performance. Although I watched “Home Alone” every year, it never got old. I cannot imagine spending Christmas without it. When I was a graduate student in Boston, I was approached by my friend who asked me a...

The governor of an island province in the central Philippines said Sunday at least 72 people died in the devastation wrought by Typhoon Rai in more than half of the towns that managed to contact him, bringing the death toll in the strongest typhoon to batter the country this year to at least 146. Gov. Arthur Yap of Bohol province said 10 others were missing and 13 injured, and suggested the fata...

Germany is tightening travel restrictions for people coming from Britain in response to the rapid spread of the omicron variant there. The country's national disease control center, the Robert Koch Institute, added Britain to its list of “virus variant areas” late Saturday. This means anyone traveling from the U.K. to Germany must enter a mandatory quarantine for 14 days, regardless of vaccinati...