General

(LEAD) Yoon again vetoes contentious broadcasting bills

President Yoon Suk Yeol on Monday approved a Cabinet motion demanding parliamentary reconsideration of four broadcasting bills, exercising veto power again against the legislation that the government says infringes upon the president’s rights to appo…

(LEAD) Seoul shares spike over 1 pct on eased U.S. recession woes

South Korean stocks closed more than 1 percent higher Monday, recovering from last week’s rout as concerns over a U.S. economic recession eased. The local currency lost ground against the U.S. dollar.

The benchmark Korea Composite Stock Price Index …

‘Pilot’ leads weekend box office, reaching 3 mln admissions

The Korean comedy film “Pilot,” starring Cho Jung-seok, continued to dominate the weekend box office, reaching a cumulative audience of 3.02 million viewers as of Monday, data showed Monday.

Released July 31, the film attracted over 720,000 viewers …

Krafton acquires Japan’s Tango Gameworks

Krafton Inc., a South Korean game firm, said Monday it has acquired Tokyo-based game studio Tango Gameworks.

Krafton said it will absorb Tango Gameworks’ developers and the rights to its acclaimed rhythm action combat game Hi-Fi RUSH, according to t…