Despite sweltering temperatures Thursday, the area around the Seoul Sports Complex in southern Seoul transformed into a vibrant sea of purple, as fans gathered to celebrate the 11th anniversary of K-pop megastar BTS. Hours before the 2024 Festa -- an annual event hosted by BTS' agency, BigHit Music -- throngs of fans crowded a subway exit leading to the complex, demonstrating the band's immense popularity. The diverse crowd included fans conversing in Korean, Japanese, English and Fren

President Yoon Suk Yeol arrived in Tashkent on Thursday for talks with his Uzbek counterpart Shavkat Mirziyoyev on boosting bilateral economic ties. The summit talks scheduled for Friday will mark the culmination of his three-nation Central Asia tour, which also included visits to Turkmenistan and Kazakhstan. On the first day, Yoon plans to meet the young generation of Uzbekistan, visit the Independence Monument in the capital city of Tashkent and hold a dinner meeting with ethnic Koreans in the

South Korean stocks finished nearly 1 percent higher Thursday, extending their winning streak to a third session on tech gains. The local currency slightly rose against the US greenback. The benchmark Korea Composite Stock Price Index surged 26.72 points, or 0.98 percent, to 2,754.89. Trade volume was heavy at 690 million shares worth 18.9 trillion won ($13.72 billion), with losers outnumbering gainers 461 to 398. The index had opened sharply higher, tracking overnight gains on Wall Street led b

Finance Minister Choi Sang-mok on Thursday called for beefing up an "external safety net" to better respond to uncertainties regarding interest rates in the United States and other nations. Choi made the remarks during an emergency macroeconomic meeting meant to assess the Federal Reserve's rate-setting meeting Wednesday, where it kept the benchmark interest rate at between 5.25-5.5 percent for a seventh straight time. The Fed also signaled fewer rate cuts than previously estimate

South Korean shares opened over 1 percent higher Thursday, tracking overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index surged 37.26 points, or 1.37 percent, to 2,765.43 in the first 15 minutes of trading. The bullish start follows overnight gains on Wall Street where the advances of tech shares, led by Apple, pushed the Nasdaq to a new high for the third consecutive session. The Dow Jones Industrial Average slipped 0.09 percent to 37,712.21, but the Nasdaq jumped 1.5

The United States remains "always vigilant" about North Korea's potential steps against South Korea that might go beyond its sending of trash-filled balloons to the South, a senior US diplomat said Wednesday. Deputy Secretary of State Kurt Campbell made the remarks amid tensions heightened by the North's recent floating of disturbing balloons across the inter-Korean border and the South's short-lived resumption of frontline loudspeaker propaganda broadcasts. "We

The US-led UN Command said Thursday it is investigating a series of incidents at the inter-Korean border earlier this week, including a brief border incursion by North Korean troops and South Korea's resumption of anti-Pyongyang broadcasts. On Sunday, some 20 North Korean soldiers crossed the Military Demarcation Line inside the Demilitarized Zone, separating the two Koreas, in the central section of the border before retreating northward after the South fired warning shots, according to Se

The US Federal Reserve on Wednesday held its benchmark lending rate steady for a seventh consecutive time and projected one rate cut later this year as it noted "modest further progress" towards its 2 percent inflation target. After the two-day Federal Open Market Committee meeting, the central bank announced the decision to maintain the rate in the 5.25 to 5.50 percent range, a 23-year high. The decision came hours after new data showed inflation eased slightly last month. FOMC member

The main opposition Democratic Party (DP) proceeded with a parliamentary committee session Wednesday to reintroduce a bill mandating a special counsel investigation into the military's response to a Marine's death last year, despite fierce resistance from the ruling party. The DP unilaterally convened a meeting of the Legislation and Judiciary Committee, a key panel with the power to approve bills for a plenary vote at the National Assembly, while lawmakers of the ruling People Power

ASTANA -- President Yoon Suk Yeol said Wednesday that South Korea and Kazakhstan need to broaden the scope of economic ties beyond their traditional focus on the automotive and resource sectors to include critical mineral supply chains and infrastructure projects. During a bilateral business forum held as part of his state visit to Kazakhstan, Yoon underlined the need for expanding the areas of economic cooperation to better complement each other's industries. "Since the establishmen

BUCHEON, South Korea -- The Bucheon International Fantastic Film Festival (BIFAN) on Wednesday unveiled the list of movies to be screened at this year's edition, with "Love Lies Bleeding" selected as the opening film and "Twilight of the Warriors: Walled In" chosen as the closing film. In addition to that, the annual film fest, a celebration of genre films from around the world, will showcase 255 short and feature films from around the world. The opening film, "Lo

South Korean shares closed higher Wednesday led by gains in tech shares tracking advances on Wall Street, ahead of the Federal Reserve's rate decision. The local currency gained ground against the US dollar. The benchmark Korea Composite Stock Price Index added 22.85 points, or 0.84 percent, to close at 2,728.17. Trade volume was moderate at 499.4 million shares worth 11.5 trillion won ($8.35 billion), with gainers outnumbering losers 502 to 372. Foreign investors net purchased 234.4 billio

President Yoon Suk Yeol and Kazakh President Kassym-Jomart Tokayev were set to hold summit talks Wednesday to discuss strengthening cooperation in the supply chain of critical minerals, infrastructure development and other areas. Yoon began his three-day state visit to Kazakhstan on Tuesday, the second leg of his Central Asia trip following his stop in Turkmenistan. At the talks, the two leaders plan to discuss ways of further advancing economic ties, particularly in resources and infrastructure

President Yoon Suk Yeol instructed the government Wednesday to carry out a swift damage assessment and safety check in response to a 4.8 magnitude earthquake that struck near the southwestern county of Buan early in the day, his office said. Yoon gave the instruction upon being briefed on the quake, the strongest on the Korean Peninsula and in its surrounding waters this year, while on a state visit to Kazakhstan, according to presidential spokesperson Kim Soo-kyung. He also called for continual

Prime Minister Han Duck-soo instructed the government Wednesday to take thorough and effective measures in the aftermath of a 4.8 magnitude earthquake that struck near the southwestern county of Buan early in the day, his office said. The quake struck 4 kilometers south of the North Jeolla county at 8:26 a.m., the strongest on the Korean Peninsula and in its surrounding waters this year, according to the Korea Meteorological Administration. Han ordered the interior minister to thoroughly manage

Professors at 40 medical schools were set to hold a meeting Wednesday to decide whether or not to join a planned strike by community doctors, an official at a group of the professors has said. Community doctors voted to take a day off next Tuesday in support of a protracted walkout by trainee doctors, who have left their worksites since late February to protest against the government's medical reform. The official at the Medical Professors Association of Korea told Yonhap News Agency on Tue

South Korean stocks opened higher Wednesday, tracking overnight gains by US big tech shares. The benchmark Korea Composite Stock Price Index added 9.05 points, or 0.33 percent, to 2,714.37 in the first 15 minutes of trading. The US stock market closed mixed overnight as investors remained cautious about the conclusion of the Federal Open Market Committee meeting, set to end Wednesday. The Dow Jones Industrial Average retreated 0.31 percent to close at 38,747.42, but the tech-heavy Nasdaq advance

North Korean leader Kim Jong-un sent a congratulatory message to Russian President Vladimir Putin on the occasion of its national day, the North's state media reported Tuesday, amid growing speculation that Putin would visit Pyongyang soon. Kim sent "a message of greeting" to Putin, which was "courteously conveyed" by the North's Ambassador to Russia Sin Hong-chol to an official of the Russian foreign ministry, according to the Korean Central News Agency. The KCNA d

South Korean captain Son Heung-min collected his 127th cap for the national team Tuesday, moving into a tie for fourth place on the country's all-time list. Son was in the starting XI for the host South Korea in their World Cup qualifying match against China at Seoul World Cup Stadium. Son is now level with former left back Lee Young-pyo. Two retired legends, Cha Bum-kun and Hong Myung-bo, are tied atop the rankings with 136 caps. The match against China is the final Group C contest for b

South Korea's foreign ministry on Tuesday welcomed the UN Security Council's adoption of a United States-led ceasefire plan for the war in Gaza. On Monday, the council approved the first resolution endorsing a ceasefire proposal presented by US President Joe Biden, which calls for ending the months-long war between Israel and Hamas in Gaza. "South Korea expects all parties concerned to immediately accept the proposal and fully implement it upon the UNSC's adoption of the reso