Netflix’s ‘K-Pop Demon Hunters’ wins Oscars for animated feature and original song Netflix’s animated film “K-Pop Demon Hunters” swept two awards at the 98th Academy Awards, winning animated feature and original song. At the ceremony at the Dolby Theatre in Hollywood, Los Angeles, the film was first announced as the winner of the animated feature prize. Director Maggie Kang, who beat out nominees including “Arco,” “Elio” and “Zootopia 2,” said, “I’m sorry it took so long to make a movie with a protagonist who looks like me,” adding, “The next generation won’t have to March 16, 2026

Airline Fuel Surcharges to Jump in April on Middle East Risks, Biggest Rise in a Decade Geopolitical risks tied to the Middle East are set to sharply raise fuel surcharges on international airline tickets issued in April. According to the aviation industry on the 16th, the Singapore jet fuel average price (MOPS) for Feb. 16 to March 15—the benchmark for April surcharges—corresponds to level 18 out of 33. That is a jump of 12 levels from level 6 applied this month, the biggest increase since the current surcharge system was introduced in 2016. It is also the h March 16, 2026

‘Golden’ From ‘K-Pop Demon Hunters’ Wins Oscar for Best Original Song, Lee Jae Says ‘Everyone Sings in Korean’ Netflix’s animated film ‘K-Pop Demon Hunters’ won the Oscar for best original song for its soundtrack track ‘Golden,’ giving the film two Academy Awards on the night. The 98th Academy Awards were held at the Dolby Theatre in Hollywood, Los Angeles, at 7 p.m. local time on March 15. ‘Golden’ beat other nominees including ‘Dream of a Train,’ ‘Viva Verdi!’ and ‘Sinners: Xenus’ to take the prize. Lee Jae, Mark Sonnenblick, Kwak Jung-gyu and Lee Yu-han went onstage together to accept the trop March 16, 2026

S-Oil Ties for No. 2 in South Korea Gas Station Market Share, Data Show S-Oil has climbed to second place for the first time in nationwide gas station brand share. According to the Korea Petroleum Quality & Distribution Authority on Monday, S-Oil had 2,270 registered gas stations nationwide as of last month, tying for No. 2 with HD Hyundai Oilbank. SK Energy ranked first with 2,645 stations, while GS Caltex was fourth with 1,997. South Korea had 10,646 gas stations in total as of last month. By brand, SK Energy led with a 24.8% share, followed by S-Oil an March 16, 2026

Jin Air Unveils 12 In-Flight Meal Options, Adds 7 New Menu Items Jin Air passengers will soon be able to order new in-flight dishes such as braised beef short ribs over rice and deodeok bibimbap.  Jin Air said it will revamp its in-flight meals starting on the 16th, shifting from 15 items to 12 and introducing seven new options. Items previously sold as single dishes will be offered as set meals that include snacks and dessert.  The new menu items are braised beef short ribs over rice, deodeok bibimbap, beef porridge, garlic shrimp poke, jambon-butter March 16, 2026

POSCO Future M Wins $1 Billion Artificial Graphite Anode Deal, Its Largest Ever POSCO Future M said on the 16th it has signed a large, long-term supply contract with a global automaker to provide artificial graphite anode materials. The deal is worth about 1.0149 trillion won and covers five years from 2027 through 2032, with an option to extend by mutual agreement. The customer will remain undisclosed until the contract ends, the company said, citing business confidentiality. POSCO Future M said it is the company’s largest anode-materials order since it entered the March 16, 2026

L&F Speeds Shift From China With Korea-Made LFP Cathode Materials L&F said Monday it wrapped up a successful showing at InterBattery 2026, South Korea’s largest battery exhibition, held for three days starting March 11, where it presented next-generation cathode material technologies. Under the theme “Leading the Future,” the company unveiled its plan to mass-produce LFP cathode materials — a first in South Korea — along with a strategic product portfolio. L&F organized the exhibit into three zones, highlighting its lineup from high-voltage mid-nickel c March 16, 2026

Bio CEOs Likely to Win Renewed Terms as Record Results Head Into Shareholder Meetings Top executives at major South Korean biotech companies including Samsung Biologics, Celltrion and SK Biopharmaceuticals are expected to extend a run of CEO reappointments this year, buoyed by record results posted last year. Analysts say the companies still face major growth tasks, including expanding contract development and manufacturing (CDMO) capacity, building antibody-drug conjugate (ADC) businesses and broadening global new-drug portfolios. Industry officials said March 16 that r March 16, 2026

Korean Shipbuilders Warn of Ethylene Cutting Gas Shortage as Middle East Supply Disruptions Spread The fallout from war in the Middle East and disruption linked to the Strait of Hormuz is spreading to South Korea’s shipbuilding industry, which is reporting difficulty securing ethylene, a specialty gas used in ship construction. Some companies are warning of possible production disruptions. The government said it plans to use existing inventories to address immediate needs while preparing longer-term measures. Industry and government officials said March 16 that the Korea Offshore & March 16, 2026

MINI Korea Launches Limited-Run MINI 1965 Victory Edition MINI Korea said on the 16th it is releasing the MINI 1965 Victory Edition, a special model marking the classic Mini Cooper’s victory at the 1965 Monte Carlo Rally. The edition reinterprets the heritage of the Mini Cooper that competed in the Monte Carlo Rally, applying exterior cues that evoke the winning car. A prominent “52” graphic on the side references the 1965 rally car’s entry number. The 18-inch JCW Lap Spoke two-tone alloy wheels feature edition-only wheel caps in red an March 16, 2026