AI Pick
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Celltrion Vice Chairman Kim Hyeong-gi to Step Down; Inside Director Nominee Changed
Kim Hyeong-gi, vice chairman and head of Celltrion’s global sales business who is known as a close aide to Chairman Seo Jung-jin, is stepping away from day-to-day management. Celltrion said on March 6, in a revised regulatory filing on its notice convening a shareholders meeting, that it changed its nominee for inside director ahead of its regular shareholders meeting scheduled for March 24. The company replaced Kim with Shin Min-cheol, head of the management division and a company pres
March 6, 2026
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KPGA Tour Sets 20 Events for 2026 Season With Total Purse of at Least 24.4 Billion Won
The 2026 Korean Professional Golf Association (KPGA) Tour will feature 20 tournaments with a total purse of at least 24.4 billion won, the tour said. The Korea Professional Golf Tour (KPGT) announced the 2026 schedule on March 5, saying the average purse per event so far is about 1.28 billion won. It said the season is focused on improving quality and the tour’s structure rather than simply expanding the number of events or total prize money. The season opens April 16-19 at La Vie Est B
March 6, 2026
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South Korea Beats Czech Republic 11-4 in WBC Opener With Four Homers
South Korea’s national baseball team opened the 2026 World Baseball Classic with a convincing win. South Korea, managed by Ryu Ji-hyun, beat the Czech Republic 11-4 on March 5 at the Tokyo Dome in Japan in its first Group C game. The victory gave South Korea its first WBC opening-game win since 2009, ending a 17-year drought in tournament openers. South Korea is aiming for a quarterfinal berth after failing to advance past the group stage in each of the last three tournaments (2013, 2017
March 6, 2026
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'The Man Who Lives With the King' Tops 10 Million Moviegoers in South Korea
The film 'The Man Who Lives With the King' has surpassed 10 million admissions. Distributor Showbox said the movie’s cumulative audience topped 10 million as of 6:30 p.m. on its 31st day in theaters. It is the 34th domestic release in South Korea to reach the milestone. The achievement comes as overall theater attendance has fallen sharply. It is the first domestic release in two years to draw 10 million moviegoers. The period drama follows the deposed King Danjong, Yi Hong-wi (Pa
March 6, 2026
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South Korea to Unveil First Mass-Production KF-21 Fighter This Month
South Korea will unveil the first mass-production KF-21 Boramae fighter jet later this month, a milestone expected to start reshaping an Air Force fleet long centered on U.S.-made aircraft. Industry officials said Friday that a rollout ceremony for the first production aircraft will be held in the final week of this month at Korea Aerospace Industries (KAI) headquarters in Sacheon, South Gyeongsang province. Government and other key officials are expected to attend. The aircraft to be unv
March 6, 2026
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SC First Bank Net Profit Plunges 57% on Hong Kong H-Index ELS Provision, One-Off Costs
SC First Bank said its net profit plunged last year, hit by one-time costs including a provision tied to sanctions over Hong Kong H-index equity-linked securities (ELS) and expenses for a special retirement program. The bank said Thursday that net profit for the year totaled 141.5 billion won, down 57.3% from 331.1 billion won a year earlier. The decline was driven largely by sizable one-off charges. In the fourth quarter, the bank booked 88.0 billion won in special retirement costs and s
March 6, 2026
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Yeocheon NCC Declares Force Majeure as Hormuz Disruption Hits Naphtha Supply
U.S. and Israeli airstrikes on Iran have heightened tensions in the Middle East, sending shock waves through South Korea’s petrochemical industry. With disruptions in naphtha feedstock supply after the closure of the Strait of Hormuz, Yeocheon NCC has declared force majeure, raising concerns among domestic companies that rely on its ethylene supplies. Industry officials and foreign media reported on Thursday that Yeocheon NCC notified major customers on March 4 that product deliveries cou
March 6, 2026
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Volkswagen Group EV Deliveries Top 4 Million, Plans 20-Plus New Models This Year
Volkswagen Group said Thursday that cumulative deliveries of its battery-electric vehicles have surpassed 4 million. On the back of that milestone, the automaker said it holds about 27% of Europe’s EV market. Of the 4 million EVs delivered, 77% were built in Europe. Volkswagen Group has 11 production sites there: Emden, Zwickau, Hanover, Bratislava, Mlada Boleslav, Ingolstadt, Neckarsulm, Leipzig, Zuffenhausen, Munich and Sodertalje. Two additional plants set to begin operating this yea
March 6, 2026
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Jay Park Says He Felt Only Sorry When He Left 2PM
Singer Jay Park has spoken about leaving the K-pop group 2PM. Park appeared on the YouTube channel "Eyes Magazine" on March 5. "At the time I left the team, I only felt sorry and apologetic," he said, adding that he had caused "disrespect and harm" to many people. He said he did not feel anxious. "I really live by accepting things as they come," Park said. "I’m the type to do my best in the situation I’m given, so I wasn’t anxious." Park also described a cover video
March 6, 2026
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Kwon Noh-kap to Hold Book Launch for ‘Kwon Noh-kap: 100-Year Biography’ at National Assembly Museum
Kwon Noh-kap, chairman of the Kim Dae-jung Foundation (96) and a standing adviser to the Democratic Party, will hold a publication ceremony on March 6 at the National Assembly Museum in Yeouido for his book, “Kwon Noh-kap: 100-Year Biography,” which sums up his political life. The book features comments on Kwon from 117 people, ranging from presidents and first ladies to National Assembly speakers, prime ministers, ministers, political allies and juniors, rivals and friends. It is
March 6, 2026