Latest news
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Gaming executives take active role in fostering player interaction
SEOUL, August 13 (AJU PRESS) - The G-Star convention in Bexco, Busan, was abuzz with enthusiasm as fans awaited the opportunity to meet the developers and innovators who have propelled Korea onto the global gaming stage. The excitement reached its peak when Keum Kang-sun appeared in the northern section of the convention site that was showcasing the mobile version of “Lost Ark,” a highly acclaimed PC-based MMORPG (massively multiplayer online role-playing game). &quo
August 13, 2024 -
Controversy deepen over qualifications of new chief of Independence Hall of Korea
SEOUL, August 13 (AJU PRESS) - Controversy continues to mount over the qualifications of Kim Hyung-seok, the newly-appointed chief of the Independence Hall of Korea. Led by the main opposition Democratic Party, various civic groups including the Liberation Association are raising questions over his alleged pro-Japanese stance and distorted views on historical facts. The Independence Hall of Korea, located in Cheonan, South Chungcheong Province, is a memorial museum dedicated to c
August 13, 2024 -
Two dozen descendants of independence fighters granted Korean nationality ahead of Liberation Day
SEOUL, August 13 (AJU PRESS) - About two dozen of descendants of Korean independence fighters were granted Korean nationality, according to the Ministry of Justice. In commemoration of the 79th anniversary of Liberation Day which falls on Thursday, the ministry held a ceremony to honor the sacrifices of those who fought for Korea's independence during Japanese rule (1910~1945). Of the 27 descendants granted Korean nationality, 14 are from Russia, 11 from China, one each from
August 13, 2024 -
Kakao Pay probed for sharing millions of users' data with Alipay
SEOUL, August 13 (AJU PRESS) - Korea's financial regulator said Tuesday Kakao Pay, the online payment arm of tech giant Kakao Corp., has been transferring personal credit information of millions of customers to China’s Alipay without consent for over six years. According to the Financial Supervisory Service (FSS), the company has shared data of 40.45 million users, totaling 54.2 billion pieces of personal credit information, with Alipay since April 2018. The regulator i
August 13, 2024 -
PHOTOS: Seoul's Han River Park pools offer night swimming this summer
SEOUL, August 13 (AJU PRESS) - Seoul’s popular Han River Park swimming pools are extending their hours for night operations this summer. From July 24 to August 18, the pools at Ttukseom, Yeouido, Jamwon, Nanji and Jamsil will remain open until 10 p.m. The five locations along the Han River, which bisects the Korean capital, attract an average of 4,000 visitors daily during the summer months. The initiative aims to provide more recreational options for Seoul’s residents and
August 13, 2024 -
Cannes-acclaimed director Park Chan-wook to reunite with Lee Byung-hun for new film
SEOUL, August 13 (AJU PRESS) - Director Park Chan-wook is set to begin shooting his new film later this week, the film's distributor CJ ENM said on Tuesday. The film, tentatively called "No Other Choice," is based on American writer Donald E. Westlake's novel "The Ax." Its story revolves around an office worker, played by actor Lee Byung-hun, who struggles to support his family as a breadwinner after suddenly losing his job. The film marks Park's r
August 13, 2024 -
CJ CheilJedang reports double-digit profit growth on overseas food sales
SEOUL, August 13 (AJU PRESS) - Korean food and bio company CJ CheilJedang announced on Tuesday that its second-quarter operating profit rose 14.1 percent year-on-year to 269 billion won ($196 million), marking the third consecutive quarter of profit growth. Sales increased 0.3 percent to 7.239 trillion won, while net income increased 16 percent to 147.8 billion won. The company's overseas food business showed strong performance, with sales in Europe surging 57 percent as it
August 13, 2024 -
Private equity firm to acquire controlling stake in Chorokbaem Media
SEOUL, August 13 (AJU PRESS) - Q Capital Partners, a private equity firm, has signed a deal to acquire a controlling stake in Chorokbaem Media, a drama and animation production company. Chorokbaem, known for popular dramas such as "My Mister," "All In" and "The Slave Hunters," said in a regulatory filing Tuesday that Q Capital agreed to purchase about 9.617 million shares for 180 billion won ($137 million). Upon completion of the transaction, expecte
August 13, 2024 -
Carmakers disclose EV battery suppliers amid growing safety concerns
SEOUL, August 13 (AJU PRESS) - Hyundai Motor Co., Kia Corp., BMW Korea, and Mercedes-Benz Korea have disclosed the battery suppliers for their electric vehicles (EVs) amid growing safety concerns following a recent EV explosion and fire incident. Hyundai Motor, Korea's No. 1 carmaker, became the first company in the nation to disclose such information on Friday. The company revealed the battery suppliers for 13 EV models on its website, stating that all models use batteries from
August 13, 2024 -
OPINION: New storm is headed for Caribbean: What meteorologists look for in early signs of future hurricane
SEOUL, August 13 (AJU PRESS) - When tropical meteorologists peer at satellite images, they often catch sight of subtle cloud formations hinting at something more ominous brewing. The first signs of a potential hurricane can be detected days before a storm gains its fierce momentum. Wispy cirrus clouds radiating outward, the appearance of curved banding low-level clouds and a drop in atmospheric pressure are all clues. These early clues are crucial for predicting the onset of what
August 13, 2024
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Han Dong-hoon decries move to consolidate candidacy with acting president
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DP presidential nominee forms broader election camp ahead of crucial court ruling
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Trump Jr. holds series of one-on-one meetings with Korean CEOs
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North Korea test-fires weapons from new destroyer
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Samsung Electronics posts record revenue in first quarter
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S. Korean government refutes US treasury secretary's claim about trade deal timeline
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Prosecutors raid ex-president's home in southern Seoul
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PHOTOS: 'Virus,' a tale of infection and irresistible love, set for May 7 release
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From stadiums to stores, baseball fever grips South Korea
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PPP's two finalists to compete in runoff for presidential election