KB News DeskParis Paralympic Games begin with 1st outdoor opening ceremony
The 17th Summer Paralympic Games began with the first outdoor opening ceremony in the competition’s history in Paris on Wednesday night, as the French capital welcomed athletes with disabilities under…
NATO states condemn latest Russian strikes on Ukraine
NATO countries on Wednesday condemned “indiscriminate” heavy Russian strikes across war-battered Ukraine, the Western military alliance said, after a meeting of the NATO-Ukraine Council in Brussels. Russia fired a wave…
Space agency seeks 27% hike in 2025 budget
The Korea AeroSpace Administration (KASA) said Wednesday it seeks a sharp increase in next year’s budget to develop advanced satellites and upgrade its space launch vehicle. KASA said it requested…
Nearly 10% of real estate PF loans subject to restructuring: regulator
Some 21 trillion won ($15.7 billion) in short-term loans and loan guarantees extended to construction projects have been determined “risky” and may be subject to restructuring, the financial regulator said…
Making music in space: John Pai’s evolving sculptures come to Seoul
For Korean American sculptor John Pai, renowned for his metal sculptures featuring grid-like and curved natural shapes, each work possesses a life of its own. At a press event on…
Hostage in Gaza rescued by Israel after 326 days of captivity
Qaid Farhan Alkadi was alone underground Tuesday after 326 days of captivity in Gaza when Israeli forces scouring Hamas’ vast tunnel network found and freed him. “Suddenly, I heard someone…
POSCO develops lightweight pad for vertiports
POSCO recently developed a lightweight pad for takeoffs and landings at vertiports. A vertiport refers to an airport for vertical takeoff and landing of small and automated aircraft carrying passengers…
Finance chief calls for thorough responses to Middle East tensions
Finance Minister Choi Sang-mok on Wednesday called for preemptive responses to prevent the possible impact of ongoing conflicts in the Middle East on the domestic economy. Choi made the call…
Sports minister says audits into football, badminton federations set to conclude in Sept.
Ongoing government audits into the national governing bodies for football and badminton over recent controversy will conclude sometime in September, the sports minister said Monday. Yu In-chon, minister of culture,…
‘Hard to imagine’ no September rate cut: US Fed official
It is “hard to imagine” the Federal Reserve not cutting interest rates next month, a senior bank official said Monday, in the latest signal that many policymakers favor a cut.…
