... of the main opposition Democratic Party of Korea, about 10 hours after his nomination Monday. Lee's decision comes following controversy in political circles over past pro-North Korea remarks, which...ins the reality of Korean society, but I would like to offer to (resign) from the (Democratic Party's) body to initiate party reform because the prolonged controversy surrounding myself would put pres...

... after Napoli was awarded the Serie A trophy following its final match of the season on Sunday. “It’s not the first time that we’ve had to open a new cycle and in the past we’ve very rarely made the w...nts a new contract after being awarded with the league’s MVP award. Although he said Sunday that he’s “happy” to stay at Napoli. Spalletti is taking what’s been labeled as a “sabbatical” year, althou...

...hina, Japan, Russia and South Korea, amid simmering tensions in the Asia-Pacific region. Indonesia's navy said in a statement the routine Komodo drills were a "non-war" exercise that aims to "strengt...pped with guided missiles, to the exercise, Chinese state media CCTV reported on Monday. This year's Komodo drills are the fourth such joint naval exercise Indonesia has hosted since the first one in...

...Suisse Group AG investment bankers across Asia as part of a plan to shore up talent in markets where its rival has a stronger presence, a source with direct knowledge of the matter said. Switzerland's biggest bank is in advanced discussions to keep dozens of Credit Suisse's senior dealmakers in countries including South Korea, Thailand, Vietnam and India following its planned takeover, the source told Reuters on Monday, requesting anonymity because the matter is confid...

...sman. Hip-hop mogul. The course of true success has never run smoothly, but Korean-American entertainer Jay Park has had an unusually bumpy ride to stardom. The 36-year-old is now one of South Korea's most recognisable entertainers: he's founded two of the country's largest hip-hop labels, released a string of hits, has his own soju liquor brand and was the first Asian-American to sign with Jay-Z's Roc Nation. But this success was ...

...ely. The percentage of opinions calling for keeping the current method came to 0.5 percent. "The reasons given included the opinion that the fee is effectively the same as a tax, and that the viewer's right to choose broadcasting channels and decide whether to pay a license fee was ignored," Kang Seung-kyoo, senior presidential secretary for civil society, told reporters. "There was criticism th...

Lotte Group, the nation’s fifth-largest conglomerate, said Monday it has recently set up a future growth task force at its Korean and Japanese headquarters in an apparent move to accelerate the retail giant’s “One Lotte” strategy. The team, consisting of four members, aims to shape Lotte’s long-term strategy and nurture future growth drivers as well as seek business synergies with Lotte Japan. ...

...ent and emphasized a rapid and comprehensive transition to renewable energy as a response to Russia’s weaponization of energy exports. At the conference, South Korean Deputy Energy Minister Cheon You...rgy policy that utilizes renewable and low-carbon energy,” Cheon said. Cheon discussed South Korea's aim to enhance energy efficiency for industries and buildings, as well as to promote hydrogen, win...

...es as a platform for strengthening economic ties, promoting cultural exchange, and fostering cooperation between ASEAN and Korea in the food and beverage sector, said AKC in a press release. AKC Secretary General Kim Hae-yong expressed his optimism about the future prospects of ASEAN-Korea economic cooperation emphasizing the center's ongoing dedication to facilitating trade endeavors since 2009.

...y Heroes will meet fans in person at its first fan meet, slated to be held in Seoul on July 15-16, announced label JYP Entertainment on Monday. The six members will also mark the launch of the group's official fan club, Villains, through the event, themed after a summer camp. The band debuted in 2021 with the digital single “Happy Death Day” and finished promoting its third EP “Deadlock” last mo...

... The new release is the first full-length album from the eight-piece since its debut in 2018. "It's our first LP, and we were determined to showcase good music with it. We shared a lot of conversati... five trophies on local TV music shows with the EP's title song "Stay This Way." In closing Monday's event, Lee Sae-rom said she hoped to see fromis_9's heyday with "Unlock My World." "Every flower ...

...ently stands, the execution of an inmate on death row must take place within 30 years of the inmate's final sentencing, due to the prescription period of the current Criminal Act. Seoul has not forma...ll see its first commutation of a death sentence following the lapse of 30 years since the prisoner's sentencing, which has led to calls for a revision of the act. The 65-year-old man, surnamed Won, ...

South Korea's biopharmaceutical company Celltrion announced Monday that the company will cooperate with the US biotech firm Rani Therapeutics to develop an oral version of the Humira biosimilar CT-P1... autoimmune conditions, developed by AbbVie. Celltrion received the US Food and Drug Administration's approval for the injectable adalimumab biosimilar in May, as well as the European Medicines Agency...

...ract worth $430 million in total, Daewoong gave sales rights to Fexuprazan to Neurogastrx. Daewoong then received milestone payments and was also expected to receive royalties based on the treatment’s future sales in the US and Canada. However, as the two companies agreed to terminate the contract, US biotech firm Neurogastrx has returned its license involving sales rights and development of Fex...