Rose of popular K-pop girl group BLACKPINK set a new YouTube record for K-pop female solo artists with the music video for "APT.," her collaborative single with American pop star Bruno Mars. The video exceeded 200 million views around 11 a.m., in about 11 days and 22 hours after it was uploaded on the global video streaming service, according to her agency, The Black Label. This makes "APT." the fastest music video by a K-pop solo artist to hit 200 million views, breaking the

K-pop Oct. 30, 2024

Seoul shares ended lower Monday, snapping a three-day rally as tech and battery stocks slumped due to foreign selling. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index lost 24.01 points, or 0.92 percent, to close at 2,593.79, marking its first drop in four trading sessions. Trade volume was moderate, with 476.4 million shares worth 8.76 trillion won ($6.3 billion) changing hands, as decliners outnumbered gainers 514 to 350. Foreign investors sold a net 3

Market Oct. 30, 2024

A joint exhibition aimed at promoting information technology exchanges between North Korea and Russia has opened in Pyongyang, the North's state media said Wednesday, marking their first such event in 18 years. The exhibition, held at the People's Palace of Culture, opened Tuesday, according to the Korean Central News Agency, as international attention has focused on North Korea's troop deployment in Russia in apparent support for Moscow in its war with Ukraine. With no mention of

North Korea Oct. 30, 2024

South Korean stocks started lower Wednesday due to losses from large-cap shares in tech and auto firms. The benchmark Korea Composite Stock Price Index lost 15.27 points, or 0.58 percent, to 2,602.53 in the first 15 minutes of trading. Overnight, Wall Street finished mixed. The Dow Jones Industrial Average fell 0.4 percent, while the Nasdaq composite rose 0.8 percent to a record high on better-than-expected earnings from Alphabet, the parent company of Google. In Seoul, most market heavyweights

Market Oct. 30, 2024

China confirmed Tuesday that it has detained a South Korean citizen on suspicion of violating the country's anti-espionage law, marking the first case where a South Korean national has been arrested in China since the revised law took effect last year. "A South Korean national was arrested by Chinese authorities on charges of espionage," Lin Jian, a spokesperson at China's foreign ministry, told a press briefing, without disclosing other details. He said China has notified th

Foreign Affairs Oct. 29, 2024

Top diplomats of South Korea and the European Union will hold talks next week, Seoul's foreign ministry said Tuesday, with discussions likely to cover North Korea's dispatch of troops to Russia. Foreign Minister Cho Tae-yul and Josep Borrell, the EU's high representative for foreign affairs and security policy, will meet in Seoul next Monday at the inaugural South Korea-EU strategic dialogue. The strategic dialogue platform was established following a bilateral summit held in May

Foreign Affairs Oct. 29, 2024

A Seoul court on Tuesday dismissed an injunction request by the former CEO of K-pop label ADOR seeking to be reinstated to her position, amid the ongoing dispute with ADOR's parent company, Hybe. Min filed for the injunction last month as she contested the board's decision to remove her from the job over Hybe accusing her of attempting to take control of ADOR and its flagship group, NewJeans. Min has denied the claims. The Seoul Central District Court said it was dismissing the case as

K-pop Oct. 29, 2024

National Security Adviser Shin Won-sik met with a visiting Danish parliament delegation Tuesday, and discussed the bilateral partnership and other issues, including North Korea's troop deployment to Russia, the presidential office said. In the meeting with the delegation, which included Michael Aastrup Jensen, head of the foreign affairs policy committee of the Danish parliament, Shin stressed that South Korea is urging North Korean troops to withdraw from Russia immediately and end its ill

Defense Oct. 29, 2024

Chang Ho-jin, foreign policy adviser to President Yoon Suk Yeol, has visited Australia to discuss cooperation in the security and defense industry, including Canberra's frigate project, the presidential office said Tuesday. Chang visited Australia from Monday to Tuesday for meetings with Australian Foreign Minister Penny Wong and Vice Minister of Defense Greg Moriarty to exchange opinions on regional security issues and Australia's military acquisition program. During the meetings, Cha

Foreign Affairs Oct. 29, 2024

South Korean stocks rose for three straight sessions Tuesday as the robust performance of top-cap Samsung Electronics offset losses from battery and auto shares. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) gained 5.37 points, or 0.21 percent, to 2,617.8, extending its winning streak for the third consecutive session. Trade volume was slim at 335.2 million shares worth 9.1 trillion won ($6.56 billion), with decliners beating gainers 441 t

Market Oct. 29, 2024

President Yoon Suk Yeol said Tuesday that North Korea's troop deployment in Russia constituted security threats to both South Korea and the world, denouncing what he calls "illegal" military cooperation between Pyongyang and Moscow. Yoon made the remark during a Cabinet meeting amid North Korea's deployment of its troops in western Russia, with all signs suggesting that the North's troops may soon be ready for battlefield deployment against Ukraine forces. "This ill

Politics Oct. 29, 2024

North Korean Foreign Minister Choe Son-hui has departed for Russia for an official visit, the North's state media reported Tuesday, in a visit that comes as the United States said the North sent about 10,000 soldiers to train in eastern Russia. The visit by Choe to Russia is expected to include discussions about a potential visit by North Korean leader Kim Jong-un to Moscow amid deepening military ties between the two countries. Choe left Pyongyang International Airport on Monday, the Korea

North Korea Oct. 29, 2024

The United States' planned restriction of investment in key technology sectors in China is expected to have a limited impact on the South Korean economy, but Seoul will closely analyze the measure and devise responses if necessary, the finance ministry said Tuesday. On Monday, the US Treasury Department issued final rules to curb US investments in artificial intelligence, semiconductors and other advanced technology sectors in China, effective Jan. 2, 2025, citing national security risks. &

Diplomatic Circuit Oct. 29, 2024

South Korean stocks started lower Tuesday despite overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index (Kospi) lost 12.01 points, or 0.46 percent, to 2,600.42 in the first 15 minutes of trading. U.S. stocks finished higher ahead of earnings reports of major tech firms. The Dow Jones Industrial Average rose 0.65 percent, and the Nasdaq Composite added 0.26 percent. In Seoul, market bellwether Samsung Electronics fell 0.69 percent and its chipmaking rival SK hynix went d

Market Oct. 29, 2024

The United States issued final rules Monday to curb US investments in artificial intelligence, semiconductors and other technology sectors in China, calling them a national security measure to keep those advanced technologies away from "countries of concern." The Treasury Department unveiled the rules -- effective Jan. 2 next year -- to implement an executive order signed by President Joe Biden in August 2023, as Washington has been striving to limit China's access to critical tec

Diplomatic Circuit Oct. 29, 2024