September 3, 2024

Expert urges gov’t to require companies to delete deepfake content

Social network platform companies should be obligated to delete deepfake pornographic materials or face penalties if they do not comply as part of efforts to root out deepfake crimes, a criminal profiler said Tuesday. Lee Soo-jung, a forensic psychology professor at Kyonggi University in Seoul, made the remark during a policy debate hosted by the Women’s Human Rights Institute of

(LEAD) Seoul shares close lower ahead of U.S. jobs data

South Korean shares fell as investors took to the sidelines ahead of key U.S. data. The local currency lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) lost 16.37 points, or 0.61 percent, to close at 2,664.63. Trade volume was moderate at 291 million shares worth 8.8 trillion won (US$6.56 billion), with gainers outnumbering losers

S. Korean Bond Yields on Sep. 3, 2024

Today (%) Previous Session(%) Change (BP) 1-year TB 3.056 3.063 -0.7 2-year TB 3.088 3.091 -0.3 3-year TB 2.981 2.989 -0.8 10-year TB 3.120 3.121 -0.1 2-year MSB 3.041 3.051 -1.0 3-year CB (AA-) 3.545 3.542 +0.3 91-day CD 3.510 3.520 -1.0 Source: Yonhap News Agency

BIFF 2024: expanded film slate, new documentary award, tributes to Lee Sun-kyun

The period drama “Uprising” will open this year’s Busan International Film Festival (BIFF) early next month, the organizer said Tuesday. Starring Gang Dong-won and Park Jeong-min, “Uprising,” set in the Joseon Dynasty (1392-1910), tells the story of two men who grew up together — one as a master (Park) and the other as a servant (Gang) — who reunite as

(LEAD) Ex-U.N. chief Ban voices need to ‘persuade’ China Koreas’ unification serves its interests

Former U.N. Secretary-General Ban Ki-moon said Tuesday South Korea needs to continuously “persuade” China to understand that the two Koreas’ unification will not only contribute to global peace but also serve its own interests. Ban made the remarks during the Global Korea Forum (GKF), a global forum hosted by the unification ministry and designed to garner international support for South

FM Cho discusses Ukraine support, bilateral issues with Macron’s adviser

Foreign Minister Cho Tae-yul met with a top adviser to French President Emmanuel Macron on Tuesday for broad discussions on issues ranging from support for Ukraine, bilateral relations and other regional and international areas, Cho’s office said. In the talks with Emmanuel Bonne, presidential diplomatic adviser to Macron, Cho reiterated South Korea’s commitment to continuing its support for the war-torn

POSCO International buys stake in Australian mining firm

POSCO International, a major South Korean trading firm, said Tuesday it has inked an agreement to purchase shares in an Australian mining firm for US$40 million to secure a supply of graphite from a Tanzanian mine. POSCO International signed the agreement with Black Rock Mining Ltd. which will bring POSCO Group’s total ownership to 19.9 percent, according to the Ministry

Telegram apologizes for handling of deepfake porn content in S. Korea

South Korea’s media regulator said Tuesday encrypted messaging app Telegram has complied with its request to remove certain deepfake pornographic content on its platform and apologized for its response to digital sex crimes. Numerous chat rooms suspected of creating and distributing deepfake porn content with doctored photos of Korean women have been discovered on Telegram recently, leading to a preliminary