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Home » Archives for October 11, 2024 » Page 7

October 11, 2024

BLACKPINK’s Jennie releases new solo single ‘Mantra’

October 11, 2024

Jennie of K-pop girl group BLACKPINK made her highly anticipated solo comeback with the release of her new single “Mantra” on Friday.

The digital single and its accompanying music video were unveiled at 9 a.m., according to her agency, OA Entertainm…

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Full text of BOK statement on monetary policy decision in October

October 11, 2024

The Monetary Policy Board of the Bank of Korea decided today to lower the Base Rate by 25 basis points, from 3.50% to 3.25%. While inflation is showing a clear trend of stabilization, household debt growth has begun to slow with tightened macropruden…

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20 drone crash, malfunction cases reported over 1 year at Drone Operations Command: lawmaker

October 11, 2024

A total of 20 cases of drone crashes and malfunction took place at a key military unit overseeing unmanned vehicle operations since its launch last year, a lawmaker said Friday.

The Drone Operations Command reported four drone crashes due to engine …

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Korea Zinc sweetens tender offer price for own shares in management battle

October 11, 2024

Korea Zinc Inc., a leading non-ferrous metal smelter, said Friday it has raised a tender offer price for its own shares as part of an intensifying management battle with the coalition of its largest shareholder Young Poong Corp. and private equity fi…

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Publisher of Han Kang’s translator celebrates her Nobel Prize win

October 11, 2024

Following South Korean novelist Han Kang’s Nobel Prize win, the publishing house associated with her English translator has hailed the achievement as “a huge win for translated fiction.”

Tilted Axis Press, co-founded by Deborah Smith, one of Han Kan…

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S. Korea stages 1st live-fire drills of Taurus missile in 7 years

October 11, 2024

The Air Force has conducted live-fire drills involving the long-range air-to-surface Taurus missile, officials said Friday, in the first such exercise in seven years amid North Korea’s persistent nuclear and missile threats.

In the tests conducted o…

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N. Korean man crosses into S. Korea in 3rd defection in 2 months

October 11, 2024

A North Korean man has crossed the de facto western maritime border into South Korea aboard a wooden boat, a South Korean military official said Friday, in the third defection in two months.

South Korea’s military monitored his activities and later …

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Kakao founder seeks bail after arrest over suspected stock manipulation

October 11, 2024

Kim Beom-su, founder of tech giant Kakao Corp., has filed for bail two months after being arrested over suspected stock manipulation related to the firm’s takeover of a K-pop agency last year, sources said Friday.

Kim, now chairman of Kakao’s Manage…

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BOK conducts 1st policy pivot in over 3 yrs amid moderating inflation, cooling property

October 11, 2024

South Korea’s central bank on Friday cut its key benchmark interest rate, its first pivot in its yearslong monetary tightening mode, as inflation continued to moderate and the property market showed signs of cooling.

As widely expected, the Bank of …

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Novelist Han Seung-won ‘stunned’ by daughter’s Nobel Prize win

October 11, 2024

South Korean novelist Han Seung-won, father of the country’s first Nobel laureate in literature, on Friday expressed astonishment at his daughter Han Kang’s win, saying it felt as if “the world had been turned upside down.”

Speaking from his home in…

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