SEOUL– SK On Co., the battery-making unit under South Korea’s SK Group, will raise up to 1.3 trillion won (US$985 million) from six local private equity funds, its parent firm said Wednesday, a move that will help the company secure funds before pushing for an initial public offering (IPO). SK Innovation Co. said in … Read more
SINGAPORE– Disney+ on Wednesday unveiled new original Korean dramas, reality shows and K-pop documentaries to be released on its streaming platform to pave the way for expansion of its presence in the Asia-Pacific region. During the Disney Content Showcase in Singapore, Disney’s streaming service underscored the importance of Asia-Pacific markets to its long-term growth … Read more
DOHA– Hobbled by a calf injury, South Korean center back Kim Min-jae missed the team’s training session on Wednesday, two days prior to their must-win group stage match against Portugal. A national team official said Kim stayed back in the team hotel to rest and undergo treatment, while the rest of the 26-man squad … Read more
SEOUL– Negotiations between the government and striking truckers fell through on Wednesday, in the second unsuccessful attempt to reach a compromise over the prolonged nationwide strike by the unionized truckers. The two sides resumed the negotiations earlier in the day, but the talks lasted for only 40 minutes before they walked out of the … Read more
SEOUL– The traditional Korean mask dance, or “talchum” in Korean, was inscribed onto a UNESCO Intangible Cultural Heritage list Wednesday. UNESCO’s Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage decided to put “Talchum, Mask Dance Drama in the Republic of Korea” on the Representative List of the Intangible Cultural Heritage of Humanity … Read more
DOHA– Having closely watched his country’s first two matches at this year’s FIFA World Cup in Qatar, former South Korean international Cha Du-ri had succinct pieces of advice to offer for the team’s final Group H match against Portugal. Run, and be quick in transitions. Cha, 42, is participating in his fourth World … Read more
SEOUL– Unionized workers at Seoul Metro, the city-run operator of the subway system in Seoul, went on a strike Wednesday, causing some service disruptions during the evening rush hour. Allied labor unions of Seoul Metro, representing some 13,000 workers, or 80 percent of the firm’s entire workforce, kicked off the walkout early Wednesday morning, … Read more
DOHA– With some inspired performances in South Korea’s first two group matches of the FIFA World Cup in Qatar, midfielder Na Sang-ho has successfully flipped the script. Once considered a questionable selection for the national team, Na has been one of South Korea’s most effective players. And yet Na feels he still has more … Read more