The South Korean sensation "Squid Game" has reclaimed the No. 1 position on Netflix's most popular TV show rankings to become the streamer's top-ranking original series for the most days ever. According to streaming analytics firm FlixPatrol on Wednesday (US time), the Korean-language survival drama regained the No. 1 spot on the list of the world's most watched TV shows on Netflix, replacing the previous leader "Arcane," an animated series based on the online battle game &q

Television Nov. 11, 2021

South Korea and Russia agreed Thursday to establish direct bilateral military hotlines to strengthen their communication to prevent accidental clashes at sea and in the air, Seoul's defense ministry said. Kim Sang-jin, the ministry's director general for international policy, and Viktor Kalganov, deputy director of Russia's National Defense Control Center, signed the memorandum of understanding (MOU) to set up a hotline between the two countries' Navies and another between their Air Forces. Th

Defense Nov. 11, 2021

Foreign Minister Chung Eui-yong said Thursday coordination between Seoul and Washington over a declaration to formally end the 1950-53 Korean War is in its final stages. Chung made the remarks during a parliamentary session, confirming there has been progress in the allies' talks over the declaration as stated this week by South Korean Ambassador to the US Lee Soo-hyuck. "We have recently had very close consultations with the US about the format and contents of an end-of-war declaration,&

Foreign Affairs Nov. 11, 2021

TOKYO -- Japan's new foreign minister on Thursday emphasized the need to repair soured ties with South Korea and step up cooperation for regional security but urged Seoul to offer acceptable solutions to resolve the prolonged historical disputes. Yoshimasa Hayashi, a veteran lawmaker with wide Cabinet-level experience, called South Korea Japan's "important neighbor" and said the frayed bilateral relations shouldn't be left as they are now. "After recovering South Korea-Japan ti

Foreign Affairs Nov. 11, 2021

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has signed a 486.7 billion-won ($410.9 million) deal to construct two LNG carriers. DSME will deliver the 174,000-cubic-meter LNG carriers to Maran Gas Maritime Inc. (MGM), a gas shipping unit of Angelicoussis Shipping Group, the largest shipper in Greece, by November 2024, the shipbuilder said. The Greek shipping group has been the largest buyer of DSME, which has placed orders for 112 ships since 1994, the shipbuilding

Industry Nov. 11, 2021

KT Corp. said Thursday it has suffered disruptions in its mobile and internet services in western Seoul, less than three weeks after an outage crippled businesses across the country. KT said the services were interrupted for nearly two hours in the Yeongdeungpo and Guro districts due to an accidental cut in the fiber-optic cables at around 10:25 a.m. KT said up to 90 percent of the disrupted services had been recovered as of 1:15 p.m. Last month, KT CEO Ku Hyeon-mo apologized for the abrupt d

Industry Nov. 11, 2021

President Moon Jae-in has appointed a new secretary in charge of economic affairs, the presidential office said Thursday. Park Won-joo, a career economic bureaucrat who previously served as head of the Korean Intellectual Property Office, will replace An Il-hwan as the senior presidential economic secretary. An had tendered his resignation for health reasons, a presidential official said. With half a year in office remaining, Moon has vowed do everything possible for a complete return to norm

Politics Nov. 11, 2021

A US diplomat fled into the Yongsan Garrison after allegedly hitting a taxi from behind while driving in Seoul earlier this week and has since been refusing to cooperate with a police investigation, officials said Thursday. The diplomat, whose identity is not known, was suspected of rear-ending the taxi's bumper while changing lanes near the Namsan No. 3 tunnel in central Seoul at 5:35 p.m. Wednesday but left the site without stopping to deal with the accident. The taxi's driver chased the dip

Social Affairs Nov. 11, 2021

Hyundai Motor Group seeks to build an integrated data platform to provide real-time and tailored mobility services as part of its push toward the fast-evolving future industry, its division chief said Thursday. "Connected data is the basis of a platform. We plan to build a 'data lake' that utilizes data collected in real time from urban air mobility (UAM) and purpose-based cars (PBV), as well as passenger cars," Song Chang-hyun, the head of Hyundai's Transportation-as-a-Service (TaaS)

Industry Nov. 11, 2021

Lee Jae-myung, the presidential nominee of the ruling Democratic Party, on Thursday promised to delay taxation of virtual assets and increase its deduction limits, a move that is seen as targeting young voters in the upcoming presidential election. "The foundation of taxation is trust, and we need to make a taxation system which people can trust," Lee wrote on his Facebook page. "Rushed taxation without preparation cannot earn justification, and could cause tax resistance and co

Politics Nov. 11, 2021

A woman who was convicted of killing her own eight-year-old daughter out of anger over discord with her live-in partner was sentenced to 22 years in prison by an appellate court Thursday. The 44-year-old woman, whose name was withheld, was arrested early this year for murdering her daughter, who was sleeping at their home in Incheon, west of Seoul, by blocking her nose and mouth on Jan. 8. The girl's body was found by the woman's common-law partner one week later. The woman reportedly told pol

Politics Nov. 11, 2021

South Korea and the United States have agreed to launch a ministerial-level dialogue on energy policy to strengthen cooperation on clean energy and climate challenges, Seoul's industry ministry said Thursday. The agreement for the launch of the Energy Policy Dialogue (EPD) was made during the meeting between South Korea's Industry Minister Moon Sung-wook and US Energy Secretary Jennifer Granholm in Washington on Wednesday (Washington time). The new platform aims to promote collaboration across

Foreign Affairs Nov. 11, 2021

President Moon Jae-in on Thursday called for business leaders of the Asia-Pacific Economic Cooperation (APEC) to show an act of solidarity to help the world achieve carbon neutrality, warning humanity's future hinges on today's actions. "Coal and oil can no longer be sustained as energy sources," Moon told the virtual APEC CEO Summit in a keynote speech. "We must lead a great transformation of civilization to new energy solutions." Achieving carbon neutrality and combating

Politics Nov. 11, 2021

A total of 377 people have been apprehended on charges of using violence in disputes over COVID-19 rules between September and October, police said Thursday. Of them, 265 used violence in mask-wearing disputes, followed by 73 accused of assaulting business owners or employees in disputes over operating hours or gathering size limits, police said. The remaining 39 were apprehended for blackmailing or extorting goods from small business owners by threatening to report their violations of social

Social Affairs Nov. 11, 2021

The South Korean economy is forecast to grow 3 percent next year as private spending is likely to pull off a robust recovery amid the vaccine rollout, the Korea Development Institute (KDI) said Thursday. KDI's 2022 growth outlook, which remained unchanged from its estimate in May, is on par with the 3 percent growth estimates by the government and the Bank of Korea (BOK). The International Monetary Fund forecast 3.4 percent growth for Korea. "On the back of the COVID-19 vaccination drive,

Economy Nov. 11, 2021