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The first purchase many international travelers make in Korea is not a SIM card. It happens at a convenience store in the arrivals hall, and it usually involves a transit card and a plastic tub of banana milk. CU, a local convenience store chain, said the bestselling item at its nine stores near the arrivals area of Incheon Airport from January through Aug. 17 was the Tmoney Travel Card. Binggrae…
Riize made it onto the Top 40 Radio Chart, a US airplay weekly ranking tallied by Mediabase, according to label SM Entertainment on Friday. The six-member act’s “Do Your Dance” ranked No. 40 on the latest chart as the only K-pop entry in the week, reflecting its popularity in North America. “Do Your Dance” is the main track from the group’s second EP “II,” released in June. The mini album sold…
The leader of an overseas hacking ring that stole more than 38 billion won ($27.4 million) by targeting wealthy figures was sentenced to 20 years in prison on Thursday. The Seoul Central District Court found the Chinese national, identified only by his surname Jeon, guilty of fraud and violations of the Information and Communications Network Act. "The group sought out wealthy individuals as…
Doosan Enerbility said Friday it has won a 930 billion won ($683 million) contract to build the Misfah combined-cycle power plant in Oman. The plant is scheduled for completion in April 2029 and is expected to help meet Oman’s electricity demand and stabilize energy supply. Doosan Enerbility will carry out engineering, procurement and construction work as part of a consortium with a power plant…
Kakao said Friday it will split into two listed companies, Kakao AI and Kakao X, as the IT giant restructures its businesses around artificial intelligence. Kakao AI will house KakaoTalk, South Korea’s dominant mobile messenger, along with the company’s AI, advertising and commerce businesses. Kakao X will bring together fintech, content and mobility under an investment-focused structure. On…
Kwon Eunbi is poised to release a digital single on Sept. 3, her agency RBW Entertainment said Friday. She is releasing the single “Dejavu,” her first new music in close to 1 1/2 years, and the first since she joined the management company in April. The performer chose not to renew her contract with Woollim Entertainment when it expired in March, after more than seven years. “I would like to…
President Lee Jae Myung's approval rating rose slightly this week after hitting a record low, a poll showed Friday. In a survey conducted by Gallup Korea from Tuesday through Thursday on 1,004 people aged 18 and older, 45 percent positively assessed Lee's management of state affairs, up 1 percentage point from a record low of 44 percent in the previous survey released last week. Lee's disapproval…
A 49-year-old former airline pilot who plotted to kill six former colleagues and fatally stabbed one of them was sentenced to life in prison Friday. The Busan District Court convicted Kim Dong-hwan of murder, attempted murder, preparing to commit murder, trespassing and violating information network laws. The court also ordered him to wear an electronic tracking device for 30 years. Kim was…
South Korea will launch the "Future Fund" to promote long-term economic growth, using what the government calls "windfall revenue" from increased tax collection driven by the recent artificial intelligence boom, the budget ministry said Friday. The Ministry of Planning and Budget unveiled the plan in partnership with relevant government agencies, saying the AI industry has sparked a major…
T.O.P is set to release a music video on Friday for “Stendhal Syndrome,” a single from his first solo LP, his agency TopSpot Pictures said. He teamed up with Chae Kyoung-sun, the Emmy-winning art director of “Squid Game." The two previously worked together on the six-minute-long music video for “Studio54,” which fronted the LP, “Another Dimension.” The 11-track album was released in April. It…
