BOK chief to attend G20, IMF-WBG meetings in Bangkok

The Korea Times - Oct 12, 2026

Korea's top central banker will attend a meeting of the Group of 20 (G20) finance ministers and central bank chiefs to be held in Thailand this week, the Bank of Korea (BOK) said Monday. BOK Gov. Shin Hyun-song will join the G20 Finance Ministers and Central Bank Governors Meeting, set to take place in Bangkok, where participants will discuss global economic conditions, growth and global imbalances, according to the central bank. He will also attend the International Monetary Fund-World Bank Group (IMF-WBG) meetings, where discussions will focus on the global economic outlook and financial stability. While in Bangkok, the BOK governor is scheduled to hold separate talks with high-ranking officials from the Federal Reserve, the European Central Bank and other major central banks to exchange views on recent international developments. He will also participate in CNN's Global Perspectives, a live event series convening leaders, CEOs and innovators for conversations on issues covering culture, technology and business, along with Ngozi Okonjo-Iweala of Nigeria, director-general of the World T

Read full article

More News

From sharks to otters: How Busan's Gen Z is turning urban wildlife into viral sensations

From sharks to otters: How Busan's Gen Z is turning urban wildlife into viral sensations

BUSAN — A woman in her 20s sits quietly with her dog along the safety fences of North Port Waterfront Park in Busan, patiently scanning the artificial waterway for any sign of "Bukangi." Kim Yeon-ji, a local middle school student who also visited the site the day before, chatted animatedly with a friend while waiting nearby. "Sometimes you only have to wait 20 to 30 minutes, or at most an hour, before Bukangi appears," Kim said. "This isn't a shark trapped in an artificial facility like an aquarium. When else would we get the chance to see a wild shark up close like this? I come here with my friend almost every day after school just to see Bukangi." When a distinct dorsal fin finally broke the surface, several onlookers gasped in excitement, shouting, "It's here!" Some began running along the perimeter of the channel, keeping pace with the shark's movements. The long queues of spectators waiting for a glimpse of the creature evoked the dedicated fans waiting outside a K-pop idol concert. "I had no idea there would be this many people," said Choi Ho-yoon, an office worker visiting from

Overseas piracy of K-content nears 500 mil. cases in 2025: lawmaker

Overseas piracy of K-content nears 500 mil. cases in 2025: lawmaker

The number of Korean content that was illegally distributed overseas reached nearly 500 million cases last year, the highest number since 2022, a lawmaker said Monday. The number of reported cases hit 493.6 million in 2025, up 19.2 percent from the previous year, according to the data submitted to Rep. Jeong Jun-ho of the ruling Democratic Party of Korea by the Korea Copyright Protection Agency. The figure is the highest since 477.1 million in 2022, when the agency began compiling relevant data. Of the total, piracy cases involving webtoons accounted for the majority at 66.5 percent, followed by films and broadcasts at 33.5 percent. By language, 46.6 percent of the reported cases involved content distributed in English, followed by Chinese at 20.4 percent and languages of Southeast Asian nations at 15.7 percent. While the number of content illegally distributed in English fell 17 percentage points on-year, the portion of those distributed in languages of Southeast Asian and European nations, such as Vietnamese, Thai, Spanish and French, rose. Despite a surge in digital piracy cases, the nu

N. Korea fires multiple ballistic missiles after SK's hypersonic weapon test

N. Korea fires multiple ballistic missiles after SK's hypersonic weapon test

North Korea launched multiple ballistic missiles toward the East Sea on Monday, South Korea's military said, in an apparent show of force against the South's recent successful test-fire of a hypersonic missile. The Joint Chiefs of Staff (JCS) said it detected the launch at about 9:20 a.m. from the Pyongyang area and that at least one of the missiles flew more than 900 kilometers. "Initial analysis suggests (Monday's launch) was seen as a protest against the successful launch of our hypersonic glide vehicle (HGV) and a display of the North's achievements under its five-year plan to bolster defense capabilities and a deliberate show of its missile capabilities," JCS spokesperson Jang Do-young told a press briefing. When asked if the missiles launched were hypersonic or intermediate-range missiles, Jang declined to comment, saying the military needs to further analyze the specifications of the launch. South Korea conducted its first test launch of a HGV on Thursday in an apparent show of force against North Korea following the Sept. 21 mine blast on the South's side of the Demilitarized Zon

Nearly 8 in 10 school violence cases face only mild penalties: report

Nearly 8 in 10 school violence cases face only mild penalties: report

New forms of school violence, including one that forces those bullied into physical fights, are on the rise but many of those responsible for such violence go nearly unpunished, a lawmaker said Monday, citing relevant data from the education ministry. According to the data submitted to Rep. Han Byung-do of the ruling Democratic Party, 490 cases of such violence have been subject to a review by school disciplinary committees between 2024 and August this year. A total of 1,961 disciplinary measures were taken against 1,232 students involved, but 77.7 percent, or 1,523, of those measures taken are those considered "light" as they leave no official records of the incidents or their punishment, according to the lawmaker. Such measures include requiring a written apology and orders to keep a distance from victims. Less than 10 percent, or 193, of the measures involved a suspension or school transfers. The report comes amid an apparent spread of the so-called yacha rule, where victims are pushed into unwanted physical fights under the guise of mutual agreement. "There needs to a detailed guideli

Military manpower agency chief voices regret over Asian Games footballers' gloating about military exemption

Military manpower agency chief voices regret over Asian Games footballers' gloating about military exemption

The head of South Korea's military manpower agency voiced regret Monday over South Korean footballers glorying in their exemption from mandatory military service following their win at the recent Asian Games. Military Manpower Administration (MMA) Commissioner Hong So-young made the remarks during a parliamentary audit, after some of the gold medalists gloated about their exemptions in media interviews and on social media, sparking strong public backlash and reigniting calls for policy overhaul. "I deeply regret this unfortunate situation," Hong said. "I take heavily to heart the sense of loss felt by young men serving their military duties, as well as the public's calls for reform." After clinching the gold medal in men's football at the Asian Games on Oct. 3, Yang Min-hyeok, one of the players on the national team, told media he played the match to earn the exemption rather than winning a medal or trophy. Park Seung-soo, another member on the team, uploaded a photo of himself wearing a cap typically worn by men who have completed their military service. Their actions have sparked widesp

Nature-inspired 'vine robot' reaches where firefighters cannot after battery facility blaze

Nature-inspired 'vine robot' reaches where firefighters cannot after battery facility blaze

When a fire broke out at a military battery storage facility in South Chungcheon Province in August, the building’s advanced fireproofing worked as designed. The reinforced concrete walls and automated sprinklers contained the blaze before the structure was lost. Yet that success created a perilous new crisis. Inside the facility sat roughly 210,000 unexploded lithium batteries. Scorched and baked by extreme heat, the remaining stockpiles lingered on the brink of secondary thermal runaway — a violent chain reaction capable of triggering massive explosions. Heavy treads or four-legged rescue robots, standard tools in modern disaster response, were far too heavy. A single misstep pressing against a delicate cell could detonate the entire room. For nearly two weeks, firefighters could only watch from the exterior perimeter. They were completely barred from entering the hazard zone. Battery safety has become an urgent national focus in Korea following a series of severe industrial fires. The risk was starkly highlighted in June 2024, when a thermal runaway explosion at a lithium battery

US can choose to deport Hongkongers under Deferred Enforced Departure scheme

US can choose to deport Hongkongers under Deferred Enforced Departure scheme

United States authorities could deport Hong Kong residents granted extended stay under the Deferred Enforced Departure (DED) programme and have not ruled out the option of doing so after a dozen were reportedly detained at local airports. “The Department of Homeland Security (DHS) is not precluded from placing aliens with such temporary administrative designation into removal proceedings, nor is it currently removing them,” a department spokesman said in a reply to the South China Morning Post...

Minibus driver hospitalised, 18 others injured, after collision with goods truck

Minibus driver hospitalised, 18 others injured, after collision with goods truck

A minibus driver has been hospitalised after her vehicle collided with a medium goods truck in Hong Kong, causing injuries to 18 others. Police said the accident occurred at around 9.22am on Monday, when a green minibus and a medium goods truck collided on San Tin Highway on the Yuen Long-bound side of the road near Fairview Park. According to police, a total of nine men and 10 women were injured in the crash. The accident prompted authorities to close two lanes of the road, leading to severe...

'The Assassin(s)' slips to No. 2 at weekend box office

'The Assassin(s)' slips to No. 2 at weekend box office

The Korean film "The Assassin(s)" attracted more than 400,000 admissions over the weekend, despite controversy over its historical details, but slipped to No. 2 at the box office, industry data showed Monday. The film garnered 407,680 admissions over the weekend, bringing its cumulative total to 2,992,544 as of Sunday, according to the Korean Film Council. The council's weekend chart compiles ticket sales from Friday through Sunday. "The Assassin(s)" centers on the 1974 assassination attempt on then South Korean President Park Chung-hee that resulted in the death of the first lady. Blending the actual event with fictional elements, the film has drawn backlash, mostly from conservative critics, over alleged historical inaccuracies. Following its release on Sept. 23, the film had topped the weekend box office chart for two consecutive weeks. It drew 412,004 admissions the previous weekend. The Japanese animation "Chiikawa the Movie: The Secret of the Mermaid Island" topped the chart by a narrow margin, drawing 407,895 admissions and bringing its cumulative ticket sales to 1,281,485. Other K

Xdinary Heroes explores desire, youth in 9th mini album 'IMPULSE'

Xdinary Heroes explores desire, youth in 9th mini album 'IMPULSE'

K-rock band Xdinary Heroes is making a bold return to the global music scene with the release of its ninth mini album "IMPULSE" on Monday. The five-member group — Jungsu, Gaon, O.de, Jun Han and Jooyeon — has established a unique footprint in modern rock with their explosive instrumentals and self-produced tracks. The band has also performed on prominent stages — from Lollapalooza Chicago to opening for British rock icons Muse in Korea. Xdinary Heroes is releasing its newest mini album alongside the lead single, "Obsessed with Youth." Centered on raw instincts, longing and the chaotic beauty of youth, the seven-track project reflects the band's growth both visually and musically. Below, the members share the inspiration behind the album, their songwriting process and memories from their biggest performance milestones. Q: With your new mini album "IMPULSE," you explore instinctual emotions. What message did you want to share most, and how have your music and visuals evolved since your last release, "DEAD AND"? Xdinary Heroes: We wanted to use "desire" as a keyword to express a wide s

ATEEZ announces 2027 world tour, sets January kickoff in Incheon

ATEEZ announces 2027 world tour, sets January kickoff in Incheon

K-pop group ATEEZ will return to the global stage in 2027 with a world tour spanning Asia, Europe and the Americas, extending its momentum ahead of a new album scheduled for release next month. KQ Entertainment announced the tour, titled “2027 ATEEZ WORLD TOUR ‘ZERO TO ALL,’” on its official social media accounts on Saturday, unveiling a poster outlining the initial schedule. The tour will open with three concerts in Incheon from Jan. 22-24, before moving to Tokyo on Feb. 2 and 3 and Kobe on Feb. 13 and 14. ATEEZ will then travel to Europe in April, North America from July to August and South America in September, with additional dates and cities expected to be announced. The tour’s name reverses “All to Zero,” a phrase from the group’s debut album, “TREASURE EP.1: All to Zero,” released after ATEEZ debuted in 2018. The title reflects the group’s journey of continued challenges and growth since its debut, while raising expectations for new music and performances on the upcoming tour. ATEEZ demonstrated strong ticket demand during its previous “IN YOUR FANTASY” wor

NCT WISH drops new mini-album 'I SPY' ahead of landmark Gocheok Sky Dome concert

NCT WISH drops new mini-album 'I SPY' ahead of landmark Gocheok Sky Dome concert

Boy group NCT WISH will drop its fourth mini-album, "I SPY," at 6 p.m. Monday, followed by its debut performance at Seoul’s iconic Gocheok Sky Dome in January, according to its management agency SM Entertainment. The six-track album will be available on streaming platforms, with physical copies on sale the same day. Along with the title track of the same name, it includes “We Own This Street,” “UPGRADE,” “Super Major,” “Hubble Time” and “Like A Dream.” The agency described “I SPY” as a hybrid dance-pop song about the moment of falling for someone, when every sense turns toward that person. The lyrics convey excitement, curiosity and a wish to invite the other person into one’s own world, it said. Ahead of the release, the group held a fan event titled “I SPY YOU” on Saturday and Sunday at Korea University’s Hwajeong Gymnasium in Seoul. The three shows drew a combined 11,400 people, the agency said. The venue was set up as a physical version of “WISH LAND,” a fictional digital world used in the album’s promotion, with six rooms — one for each membe

Recommended

Asia Viral News

Asia Viral News features the latest and most trending news from Asia. Get ready to immerse yourself in the daily engaging topics with share-worthy news only in Asia Viral News.

ABOUT US
Newsletter

Copyright © 2015 - 2026 Asia Viral News. All Rights Reserved.