South Korean stocks opened lower Friday, despite Wall Street gains overnight in hopes that the US Federal Reserve is nearing the end of its rate hike cycle. The benchmark Korea Composite Stock Price Index dropped 4.88 points, or 0.2 percent, to 2,419.6 in the first 15 minutes of trading. Overnight, US shares finished higher after traders placed their bets on the Fed possibly winding down its ag...

Early in his tenure as head coach of the South Korean men's national football team, Jurgen Klinsmann has already displayed one major difference from his predecessor, Paulo Bento. Klinsmann, who was appointed on Feb. 27 and will make his South Korea coaching debut Friday night against Colombia, has not been shy about discussing merits of individual players. In Thursday's prematch press conferenc...

Hyundai Motor Co. and its smaller affiliate Kia Corp. said Friday they will recall over 570,000 vehicles in the United States because the vehicles could pose a fire risk. The South Korean carmakers have submitted their recall reports to the US National Highway Traffic Safety Administration. A faulty tow hitch harness module in the specified vehicles can take on water or dust and experience an e...

South Korea and Japan's latest efforts to restore bilateral ties will give a "significant positive spillover" to Asia's No. 4 economy, the finance minister said Friday. On Thursday, South Korea completed procedures to drop a complaint it filed with the World Trade Organization against Japan over Tokyo's trade curbs as it began domestic procedures to put Japan back on its "white list" of trusted ...

When a traditional yakgwa meets a Levain-style cookie Yakgwa, a traditional chewy and honey-sweet deep-fried treat, is now a topping on a cookie styled after New York's Levain Bakery. Grain Boundary Bakery, located in Euljiro in downtown Seoul, churns out 30 different kinds of cookies and 20 other kinds of desserts, including butter bars and crumbles, that use no preservatives and no artificial...

Four Seasons Hotel Seoul launches ‘Timeless Beauty’ cosmetics package Four Seasons Hotel Seoul has launched the new room package, "Timeless Beauty," in collaboration with the History of Whoo, a premium cosmetics brand and part of South Korea’s LG Household & Health Care Ltd. Inspired by the timeless beauty of Korea’s Empresses, the offer is available from April 1, for only 100 rooms. The packag...

“Woong Nam” (South Korea) Comedy Opened March 22 Directed by Park Sung-kwang Inspired by the Dangun myth, in which a bear turns into a human after 100 days of eating garlic and mugwort, “Woong Nam” tells a story of bear-turned-superhuman brothers Woong-nam and Woong-bok. Actor Park Sung-woong plays the dual role to depict police officer Woong-nam and criminal gang leader Woong-bok. The film ...

Gapyeong Cherry Blossom Festival Welcoming spring, the Gapyeong Cherry Blossom Festival is set to start from April 8 to 16 at Eden Cherry Blossom Road in Gapyeong, Gyeonggi Province. The 1.2-kilometer cherry blossom tunnel features stage performances of classical and popular songs, a flea market of handmade things and local specialties throughout the festival. The festival makes a return after...

Japan’s Fumio Kishida met President Volodymyr Zelenskyy in Kyiv on March 21 during a rare, unannounced visit by the Japanese leader that underscored Tokyo’s emphatic support for Ukraine in its fight against Russia’s invasion. The Japanese prime minister had been the only leader of the Group of Seven rich nations yet to visit Ukraine, which has seen an outpouring of popular support in Japan fol...

In Dobong-gu in northeast Seoul, the Seoul Robot & AI Museum (Seoul: RAIM), which was built mostly by robots and drones, is nearing completion. Scheduled to open this fall, the museum represents a daring effort to integrate robotics into the construction of a public building. Experiments in robotics development and implementation are active in South Korea and hold the potential to turn the countr...

SINGAPORE , March 23, 2023 /PRNewswire/ -- Group-IB, a global cybersecurity leader headquartered in Singapore , is proud to announce that its Fraud Protection platform has been recognized as the most complete anti-fraud solution currently on the market by Frost & Sullivan, an international research and consulting firm. Out of nine vendors and products surveyed by Frost & Sullivan in it...

Deployment of state-of-the-art, integrated platform is a key component of UNDP's new digital corporate management system NEW YORK , March 23, 2023 /PRNewswire/ -- United Nations Development Programme (UNDP) and Infosys Public Services (IPS), a US-based subsidiary of global next-generation digital services and consulting leader Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), today announced...