Global brands give Korean craftworks chance to shine again

2 months ago Korea Times

The award ceremony coincided with the foundation's opening of a month-long exhibition in Seoul of all 30 shortlisted works from 15 countries ― including seven from Korea, the largest number ever. In recent months, a number of shows hosted and sponsored by global brands have given old and new Korean crafts a chance to shine again through collaborative projects. The global brands include French fashion giant Chanel, Danish furniture design company Fritz Hansen and single malt Scotch whisky maker The Balvenie. The two organizations announced a five-year partnership this year to support the Korean craft art scene. Installation view of "The Balvenie Makers Exhibition" at Hwigyeomjae in Seoul / Courtesy of William Grant & Sons Korea
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US and China cannot 'change each other', Beijing tells American envoy in first official meeting

Chinese foreign minister Wang Yi on Friday told Washington's top envoy to Beijing that China and U.S. would not be able to "change each other" and warned the U.S. not to attempt to contain the country's development. In his first official meeting with Ambassador Nicholas Burns, Wang relayed Chinese President Xi Jinping's call for both countries to uphold what he called the basic principles of "mutual respect, peaceful co-existence and win-win cooperation". "China-U.S. relations are at a critical juncture," Wang said, according to the Chinese government's readout of the meeting between the two diplomats. "As two major countries, China and the U.S. will not be able to change each other," he added. "The U.S. should not attempt to communicate with China from a position of strength or to attempt in suppressing and containing China's development.

3 months ago Korea Times

Xi invokes Mao in visit to cradle of Communist revolution

AP-YonhapDressed in matching navy windbreakers and flanking President Xi Jinping, China's freshly appointed top leadership this week made their first group outing to the Communist Party's "holy land". Xi's choice to visit Yan'an ― a site inextricably linked with Communist China's founder Mao Zedong ― was an important, deliberate indication of the themes of his next five years at the helm, analysts said. Xi has centralized and personalized power more than any Chinese leader since Mao, culminating in his being anointed with a historic third term following last weekend's Communist Party (CCP) Congress. "The signal with the visit to Yan'an is one of celebrating a parallel (with Mao) and brooking no opposition," wrote Manoj Kewalramani from the Takshashila Institution in Bengaluru, India. Cradle of the revolutionYan'an is revered in Communist Party lore as the cradle of the movement.

3 months ago Korea Times

US consumer inflation eased to 7.7% over past 12 months

Consumer inflation reached 7.7 percent in October from a year earlier and 0.4 percent from September, the government said Thursday. Stripping out volatile food and energy prices, ''core'' inflation rose 6.3 percent in the past 12 months and 0.3 percent from September. Even amid a tentative easing of inflation, the Federal Reserve is will likely continue raising interest rates to cool the economy and stem inflation. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting, at the Federal Reserve Board Building in Washington, DC, on Nov. 2. The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation.

2 months ago Korea Times

Saudi crown prince expected to meet chaebol tycoons

From left are Saudi Arabia Crown Prince Mohammed bin Salman, Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Euisun, LG Group Chairman Koo Kwang-mo and Lotte Group Chairman Shin Dong-bin. The crown prince is scheduled to visit Seoul on Nov. 17 and stay for one night at the Lotte Hotel in Seoul, before heading to Japan. All eyes are on if Crown Prince bin Salman and Chairman Lee will meet for the first time in three years. In September of the same year, Lee visited Riyadh, Saudi Arabia, and had a personal meeting with the crown prince. In addition, SK Group Chairman Chey Tae-won, who has had close ties with Saudi Arabia through the oil refining business, is also likely to meet with the crown prince.

2 months ago Korea Times

Zelenskyy says Ukrainian special military units in Kherson

AFP-YonhapUkraine's president said Friday that special military units have entered Kherson, a major regional capital that Russian forces had captured early in the war. Ukrainian intelligence urged Russian soldiers who might still be in the city to surrender in anticipation of Ukrainian forces arriving. It reported Russian shelling of villages and towns Ukrainian forces reclaimed in recent weeks during their counteroffensive in the Kherson region. The General Staff of Ukraine's army said the Russian forces left looted homes, damaged power lines and mined roads in their wake. Some quarters of the Ukrainian government barely disguised their glee at the pace of the Russian withdrawal.

2 months ago Korea Times

Biden urges world to 'step up' climate fight at COP27

President Joe Biden speaks at the COP27 U.N. "The climate crisis is about human security, economic security, environmental security, national security and the very life of the planet," Biden said. "The United States has acted, everyone has to act. "Russia's war only enhances the urgency of the need to transition the world off its dependence on fossil fuels," Biden said. Abdel Fattah's family later announced that they had requested a presidential pardon for him following calls for his release from a raft of Western governments, including the United States.

2 months ago Korea Times

What is Modern Korean Suicide?

ourtesy of Velizar IvanovBy David Tizzard

2 months ago Korea Times

China tightens restrictions as rise in virus cases reported

A woman wearing a face mask walks at the Temple of Heaven in Beijing, Saturday, Nov. 12. Nationwide, a total of 11,773 infections were reported over the previous 24 hours, including 10,351 people with no symptoms. China's numbers are low, but the past week's increase is challenging a ''zero-COVID'' strategy that aims to isolate every infected person. Under the changes, some foreign businesspeople and athletes visiting China would be allowed to move within a contained area without a quarantine period. A woman wearing a face mask takes a smartphone photo at the Temple of Heaven in Beijing, Saturday, Nov. 12.

2 months ago Korea Times

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