South Korea’s Hana Financial Group has recently submitted a bid of $2.6 billion to buy Premier football club Chelsea, in a consortium led by UK property magnate Nick Candy. Local reports on Saturday said that the consortium of Candy, Hana Financial Group and Korean sports management firm C&P Sports -- dubbed “The Blue Football Consortium” -- have become one of several bidders who expressed their...

LVIV, Ukraine (AP) -- Russian forces pressed their assault on Ukrainian cities Friday, with new missile strikes and shelling on the edges of the capital Kyiv and the western city of Lviv, as world leaders pushed for an investigation of the Kremlin's repeated attacks on civilian targets, including schools, hospitals and residential areas. Outside Lviv, black smoke billowed for hours after the ear...

ATLANTA -- A year after the fatal shootings at three Georgia massage businesses, crowds gathered at rallies across the country Wednesday to remember the victims and denounce anti-Asian violence that has risen sharply in recent years. Six women of Asian descent were among the eight people killed in and near Atlanta on March 16, 2021. The slayings contributed to fear and anger among Asian American...

US President Joe Biden will make his first visit to Europe since the invasion of Ukraine to discuss the crisis with NATO allies next week, the White House said on Tuesday as the refugee tally hit 3 million amid more Russian air strikes. Moscow has not captured any of the 10 biggest cities in the country following its incursion that began on Feb. 24, the largest assault on a European state since ...

WASHINGTON (AP) -- Eight-year-old Brooklynn Chiles fidgets on the hospital bed as she waits for the nurse at Children's National Hospital. The white paper beneath her crinkles as she shifts to look at the medical objects in the room. She's had the coronavirus three times, and no one can figure out why. Brooklynn's lucky, sort of. Each time she has tested positive, she has suffered no obvious sym...

Naver will become an incubator that creates innovative technology penetrating the global market and seek to go beyond providing services that are popular today, the company’s new CEO said Monday. “Not only all businesses owned by Naver began with the thought of going global from the start, but all of the objectives also point to going global,” Naver CEO Choi Soo-yeon said at a meeting with share...

(Bloomberg) -- When the Soviet Union collapsed in 1991, companies rushed behind the Iron Curtain to plant their flag in Russian soil. Icons of capitalism, from Apple Inc. to McDonald’s Corp. to Adidas AG, went on to build profitable businesses in the ensuing years as consumers clamored for a slice of Western lifestyle. In just a few short days, those longstanding ties have unraveled. After Vladi...

Saudi Arabia is pouring money into South Korean game makers NCSoft and Nexon, doubling down on its bet in the gaming industry. Public Investment Fund, the Middle Eastern country’s sovereign wealth fund, acquired an additional 563,566 shares of NCSoft for about 290 billion won ($240 million) through six transactions between Feb. 8 to 16., according to a regulatory filing submitted to the Financia...

Call for proper education In recent years, the political circle has made great changes to open its doors to students. Since the National Assembly passed the amendment to change the voting age, lawmakers in 2021 also lowered the age of candidacy for parliamentary and local elections from 25 to 18. This means politicians as young as 18 can throw their hats in the ring for local elections slated ...

To a watching world, his message is this, in both his words and his resolute, sometimes haggard appearance: He stands as a mirror to the suffering and spirit of his people. It appears to be getting through. Just days into the war engulfing his nation, Ukrainian President Volodymyr Zelenskyy is drawing historical comparisons as an effective and stirring wartime communicator _ yet with a distinctl...

BARCELONA, Spain (AP) -- The Russian tanks and missiles besieging Ukraine also are threatening the food supply and livelihoods of people in Europe, Africa and Asia who rely on the vast, fertile farmlands of the Black Sea region -- known as the "breadbasket of the world." Ukrainian farmers have been forced to neglect their fields as millions flee, fight or try to stay alive. Ports are shut down t...

WASHINGTON -- Fighting for his country's survival, Ukraine's leader made a "desperate" plea Saturday to American lawmakers for the United States to help get more warplanes to his military and cut off Russian oil imports as Kyiv tries to stave off the Russian invasion. President Volodymyr Zelenskyy opened the private video call with US lawmakers by telling them this may be the last time they see ...

Foreigners flocked to famous K-drama filming sites in Seoul last year, propelled by a rising global popularity for Korean TV series, a report showed Friday. Among some 80 tourist attractions visited by 1.6 million foreigners last year, 57.6 percent were filming locations of Netflix-aired Korean dramas, a LG Uplus report showed. Milal Fine Art Museum in Gangnam-gu, the filming site of “Guardian:...

“I am worried about all of our members, because I have not heard much about them. I only hope they stay safe,” the conductor added. From Ukrainian artists to sports players and Olympic athletes, many people are reported to have returned to their homeland to stand against the invading Russian troops. Meanwhile, the upcoming Tongyeong International Music Festival, an annual event where acclaimed ...

Kim Jung-ju, the founder of South Korea’s biggest game maker Nexon and an engineer-turned-entrepreneur who led the country’s burgeoning game industry which also made him the richest man here, passed away on Monday. He was 54. According to Nexon’s holding company NXC, Kim died on Feb. 28 in Hawaii, the United States. He had been undergoing treatments for depression and it appeared that the sympto...