SEOUL– The Korean Confederation of Trade Unions (KCTU), one of South Korea’s two umbrella labor unions, declared Tuesday it will carry out an all-out fight for increased labor rights as a series of large-scale general strikes is set to kick off starting this week. The 250,000-strong Korean Public Service and Transport Workers’ Union, the … Read more
SEOUL– South Korea’s antitrust regulator said Tuesday U.S. tech giant Apple Inc. has expressed its intention to voluntarily correct its commission policy, which ends up charging more for local app developers. The move came after the Fair Trade Commission (FTC) launched a probe into Apple amid criticism that the company charges commission fees based … Read more
DOHA– With key players hobbled by injuries and reserves not inspiring much confidence, there is still a cloud of uncertainty as to which defensive scheme South Korea will deploy against Uruguay in their first FIFA World Cup match this week. Head coach Paulo Bento has mostly used a back-four setup, with two center backs … Read more
SEOUL– Seoul stocks closed lower Tuesday as investors took to the sidelines amid woes over China’s stricter virus restrictions. The Korean won declined against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) inched down 14.23 points, or 0.59 percent, to close at 2,405.27. Trading volume was moderate at 531.5 million … Read more
ROME, Nov. 22, 2022 (GLOBE NEWSWIRE) — CEO of Poste Italiane speaks to TGPoste, record results thanks to contribution of all business units. Over the past five years, the transformation of Poste Italiane has been completed with the expansion of the product portfolio as part of an omnichannel strategy; now the time has come to […]
SEOUL– The South Korean historical romance “The King’s Affection” has become the country’s first TV drama to win an International Emmy, the drama’s broadcaster said Tuesday. KBS said the series was chosen as the winner of the International Emmy Award for Best Telenovela during the 50th awards ceremony held in New York City on … Read more
SEOUL– Netflix series “Somebody” is a genre mash-up of a thriller and a romance drama that brings an unflinching eye to the dark side of human nature with strong violence and sexual content. Director Jung Ji-woo said he needed the violent scenes to tell a “bizarre love story” but tried to portray them not … Read more
SEOUL– The Organization for Economic Cooperation and Development (OECD) on Tuesday lowered its outlook for South Korea’s growth for next year, citing uncertainties in the global economy. In its report on next year’s world economy, the Paris-based organization said South Korea’s gross domestic product is expected to grow 1.8 percent in 2023, lower than … Read more