BBQ Chicken brings Oktoberfest to Seoul

SEOUL, October 11 (AJP) – Genesis BBQ, a major Korean chicken franchise, is hosting its version of Oktoberfest at its Seoul branch, offering the flavors and fun of the famous German beer festival. The BBQ Oktoberfest is currently underway at the BBQ Village restaurant in Songnidan-gil, an emerging youth hotspot in southeastern Seoul, from Sept. 21 to Oct. 31. The event features a variety of traditional Oktoberfest dishes, including Brathendl (roast chicken), Bratwurst (Germ

October 11, 2024

Protesters gather for legalization of same-sex marriages in Seoul

SEOUL, October 11 (AJP) - People gathered to protest South Korea's current law prohibiting same-sex marriages at a press conference held in Seoul on Thursday. Their protest came just a day before they filed a lawsuit seeking to legalize LGBT marriages. About two dozen protesters from 11 same-sex couples argued for their rights to marry and pursue happiness regardless of their sexual orientation or gender identity. They argued same-sex couples should have the same l

October 11, 2024

LG Chem halts construction of carbon nanotube plant amid EV market slowdown

SEOUL, October 11 (AJP) – South Korean petrochemical giant LG Chem has temporarily suspended construction of its fourth carbon nanotube plant, industry sources said, amid a slowdown in the electric vehicle (EV) battery market. The facility in Daesan, South Chungcheong Province, was initially scheduled to begin operations in the first quarter of 2025 to supply carbon nanotubes to battery manufacturers, including LG Energy Solution. The plant would be the largest in South K

October 11, 2024

Korea cuts key rate for first time in three years

SEOUL, October 11 (AJP) – The Bank of Korea (BOK) cut its key interest rate on Friday for the first time in over three years, marking a shift in monetary policy aimed at boosting the sluggish economy amid easing inflation concerns. The central bank lowered its benchmark seven-day repurchase rate by 25 basis points to 3.25 percent, the first reduction since August 2021. This move ends a prolonged tightening cycle and signals a pivot toward supporting economic growth. The dec

October 11, 2024

South Korea cuts key rate for first time in three years

SEOUL, October 11 (AJP) - The Bank of Korea cut its key interest rate on Friday for the first time in over three years, marking a shift in monetary policy aimed at boosting a sluggish economy amid easing inflation concerns. The central bank lowered its benchmark seven-day repurchase rate by 25 basis points to 3.25 percent, the first reduction since August 2021. The move ends a prolonged tightening cycle and signals a pivot toward supporting economic growth.

October 11, 2024

OPINION: Innovative South Korean novelist breaks new ground with Nobel Prize win

SEOUL, October 11 (AJP) - It's often the case that when poets write novels, they deliver arrestingly vivid and nimble prose. Han Kang's "The Vegetarian" (2007) is a case in point, and it is no doubt the work that was most influential in the Swedish Academy's decision to award her the Nobel prize in literature 2024. The committee stated that Han was awarded the prestigious prize because her "poetic and experimental style" has made her "an innovator i

October 11, 2024

Han Kang: A master of lyrical storytelling

SEOUL, October 10 (AJP) - Announcing South Korean author Han Kang as the recipient of this year's Nobel Prize in Literature, the Swedish Academy praised her "intense poetic prose that confronts historical traumas and exposes the fragility of human life." Han's work explores the intricate connection between the body and soul, the living and the dead. Through her innovative and poetic style, she has become a leading figure in contemporary literature. Anna-Karin

October 10, 2024

Han Kang becomes first South Korean novelist to win Nobel Prize in Literature

SEOUL, October 10 (AJP) - Han Kang won the Nobel Prize in Literature on Thursday, making history as the first South Korean novelist to receive this prestigious honor. The Swedish Academy selected the 53-year-old author for her "intense poetic prose that confronts historical traumas and exposes the fragility of human life." The academy praised her "unique awareness of the connections between body and soul, the living and the dead" as well as her "poetic an

October 10, 2024

PHOTOS: Netflix to release Korean historical drama 'Uprising'

SEOUL, October 10 (AJP) - Netflix is set to release the Korean historical drama "Uprising" on Friday. Directed by Kim Sang-man and co-written by acclaimed filmmaker Park Chan-wook and Shin Cheol, "Uprising" boasts a star-studded cast that includes Gang Dong-won, Park Jeong-min, Kim Shin-rok, Jin Seon-kyu, Jung Sung-il, and Cha Seung-won. Set against the backdrop of the Japanese invasions of Korea during the Joseon era, the film tells the story of two childhood friends w

October 10, 2024

LG Electronics aims to double B2B sales to 10 trillion won by 2030

SEOUL, October 10 (AJP) - LG Electronics said on Thursday that it aims to double the sales of its Business Solutions (BS) division to 10 trillion won ($7.4 billion) by 2030. Jang Ik-hwan, head of the BS division, said that the company will expand its presence in the new-growth markets, including commercial displays, electric vehicle chargers and medical monitors, to achieve the goal. “Over the past 66 years, LG has accumulated valuable insights into its customers and the di

October 10, 2024