Husteel to raise 89.8 bln won via stock sale

SEOUL– Husteel Co.on Friday announced that it will sell stock to raise 89.8 billion won(US$64.7 million). The proceeds from the stock offering will be used primarily to finance its facilities.   According to a regulatory filing, the company will issue 17 million common shares at a price of 5,280 won per share. The stock will … Read more

BLACKPINK releases second studio album ‘Born Pink’

SEOUL– K-pop girl group BLACKPINK dropped its second full-length album, “Born Pink,” on Friday.   “As indicated by its title, the new album depicts the confidence of the four members who were unique from the beginning,” the band’s agency YG Entertainment said in a release. “The album will paint the team’s discography deeply with its … Read more

Subway murder suspect says ‘very sorry’ as he shows up for hearing on arrest warrant

SEOUL– The suspect in the shocking murder of a female subway worker inside a subway ladies’ restroom in Seoul said Friday he is “very sorry” as he made his first appearance before reporters to attend a court hearing.   The 31-year-old Seoul Metro employee, surnamed Jeon, was apprehended Wednesday evening at Sindang Station on Line … Read more

LPGA legend Pak Se-ri to host charity golf event

SEOUL– South Korean golf legend Pak Se-ri will host a charity match play event later this month, her foundation announced Friday, with donations to be made to help environmental protection efforts and junior golf development programs.   Seri Pak Hope Foundation said “LG Electronics Seri Park World Match” will take place on Sept. 26 at … Read more

Heavy rains forecast for southeast coast as Typhoon Nanmadol nears

SEOUL– Heavy rains may soak South Korea’s southeast coast early next week under the influence of Typhoon Nanmadol, which is currently moving northwest from waters near Japan’s Okinawa, the weather agency said Friday.   With a central atmospheric pressure of 955 hectopascals and a maximum wind speed of 40 meters per second, this year’s 14th … Read more

‘Squid Game’ creator Hwang Dong-hyuk says no plan to cast Hollywood stars in 2nd season

SEOUL– “Squid Game” creator Hwang Dong-hyuk said Friday he has no plan to cast Hollywood actors in the second season, for which he is now writing the script.   “I don’t have any plans to cast famous foreign stars in the second season of ‘Squid Game,’ and this will not change,” he said during a … Read more

Ex-Seongnam Mayor Eun gets 2-year sentence in bribery case

SUWON, South Korea– Eun Soo-mi, former mayor of Seongnam, just south of Seoul, was sentenced to two years in prison by a district court Friday on charges of bribery and abuse of power.   The Suwon District Court ordered the immediate detention of Eun after convicting her of providing special favors to a police officer … Read more