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  Upside-Down South Korean Flag Used Repeatedly at Milan 2026 Short Track Medal Ceremonies It was disclosed after the fact that an incorrect South Korean flag was raised during short track speed skating medal ceremonies at the 2026 Milan-Cortina d’Ampezzo Winter Olympics. The organizing committee used a flag with the taegeuk symbol tilted counterclockwise — a design that differs from the official standard — during the women’s 3,000-meter relay medal ceremony held at the Milan Ice Skating Arena in Milan, it said on Feb. 19 (Korea time). South Korea won gold in the event after February 20, 2026
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  Korea’s Top Business Groups Head Into Annual Meetings With Focus on Stability Major South Korean business groups will hold annual general meetings late this month to set business plans and discuss key issues. Attention is on whether Sohn Kyung-shik, chairman of the Korea Employers Federation (KEF), will win a fifth term, and whether the heads of the country’s four largest conglomerates will return to the leadership council of the Federation of Korean Industries (FKI). Also in focus is whether the Korea Chamber of Commerce and Industry (KCCI) will reshuffle executive February 20, 2026
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  Korean Pharma, Biotech Firms Adjust Treasury Stock Plans Ahead of Commercial Code Revision As a third revision to South Korea’s Commercial Code nears passage, pharmaceutical and biotech companies are moving faster to reorganize their treasury stock holdings. The proposal centers on making treasury stock cancellations mandatory, prompting companies to adjust plans for cancellations or share swaps. Industry officials said the government is pushing a bill that would require newly acquired treasury shares to be canceled within one year, and existing holdings to be canceled after a February 20, 2026
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  Kakao Pay board approves CEO Shin Won-geun for reappointment, pending March vote Kakao Pay’s board on Thursday approved an agenda item to reappoint CEO Shin Won-geun, the company said. His reappointment will be finalized at the company’s annual shareholders meeting scheduled for late March. The board said Shin improved the company’s fundamentals through responsible management and a strategic expansion of its platform business, delivering both top-line growth and stronger profitability and completing a turnaround. Kakao Pay posted its first annual profit last year on February 20, 2026
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  Trot Singers Eun Ga-eun and Park Hyun-ho Welcome Baby Girl 10 Months After Wedding Trot singers Eun Ga-eun and Park Hyun-ho have welcomed a daughter. An official at MOM Entertainment said Feb. 20 that Eun gave birth at about 3 p.m. and that she is in stable condition and resting. Her agency previously announced in October last year that she was 22 weeks pregnant. Eun, born in 1987, is five years older than Park, who was born in 1992. The couple held their wedding ceremony in April last year.* This article has been translated by AI. February 20, 2026
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  Laila Edwards, First Black Player on U.S. Women’s Hockey Team, Wins Olympic Gold Laila Edwards, the first Black player on the U.S. women’s national hockey team, won an Olympic gold medal with her family in the stands. The United States beat rival Canada 2-1 in the women’s ice hockey final at the 2026 Milan-Cortina Winter Olympics at Santa Giulia Arena in Milan on Feb. 20 (Korea time), returning to the top of the podium for the first time in eight years. Edwards played a key role throughout the tournament and helped drive the attack in the final. With the U.S. trailing February 20, 2026
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  Shim Suk-hee Wins Third Olympic Relay Gold as South Korea Takes 3,000-Meter Title in Milan Shim Suk-hee of Seoul City Hall, back on the Olympic stage after eight years, helped South Korea win gold in the women’s 3,000-meter relay for her third career Olympic gold medal in the event. On Feb. 19 (Korea time), Shim and South Korea won the short track women’s 3,000-meter relay at the 2026 Milan-Cortina d’Ampezzo Winter Olympics. It was her third Olympic relay gold, after 2014 Sochi and 2018 Pyeongchang. Shim missed the 2022 Beijing Winter Olympics because of a suspension. Her ro February 20, 2026
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  Korean Shipbuilders Poised to Extend LNG Boom as China’s Delivery Slots Fill Up Korean shipbuilders are expected to keep their “supercycle” going this year as major Chinese yards run out of building capacity through 2029, pushing owners seeking deliveries in that window toward Korea. Demand expectations are also rising as large LNG projects in the United States and Qatar move into full swing. Industry officials said Qatar plans to double its LNG production capacity by 2030. The International Energy Agency also forecast that global LNG supply will rise this year at the February 20, 2026
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  Actress Jo Bo-ah Gives Birth to a Son, Agency Says Actress Jo Bo-ah has given birth to a son. Her agency, Billions, said Jo gave birth on the 20th. "Both Jo Bo-ah and the baby are healthy and are resting in the love and congratulations of their family," the agency said. It added, "We sincerely thank everyone who has always shown warm interest and congratulations, and we ask for your continued congratulations and support for Jo Bo-ah as she welcomes this precious new life." Jo married a non-celebrity man in October 2024. * This art February 20, 2026
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  Nordic Combined Faces Possible Olympic Exit After 2026 Milan-Cortina Games Nordic combined, the only Olympic sport across both the Summer and Winter Games that still does not allow women to compete, is at risk of disappearing from the Olympics after this edition of the Games. On 20 (Korea time), the Nordic combined schedule at the 2026 Milan-Cortina d’Ampezzo Winter Olympics concluded, raising the possibility that this could be the sport’s last Olympic appearance. Nordic combined determines standings first through ski jumping, then decides the winners in a cr February 20, 2026