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☆ Archegos' Bill Hwang sentenced to 18 years in prison for massive U.S. fraud
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: +2 min

Former billionaire investor Sung Kook "Bill" Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge Alvin Hellerstein in Manhattan, where a jury convicted Hwang in July on 10 criminal charges including wire fraud, securities fraud and market manipulation. Before sentencing Hwang, Hellerstein asked the defendant's lawyer, Dani James, how she thought Hwang compared to Sam Bankman-Fried, who was sentenced in March to 25 years in prison for stealing $8 billion from users of the now-bankrupt FTX exchange. Hwang had asked for no prison, forfeiture or restitution, and to remain free on bail while he appealed his conviction. James said his low risk of committing more crimes meant a lengthy prison term served no purpose.

Persons: Sung Kook, Bill, Hwang, Alvin Hellerstein, Archegos, Hwang —, Andrew Thomas, Hellerstein, Dani James, Sam Bankman, Fried, James, it's Organizations: Archegos Capital Management, United States, Court, U.S Locations: Manhattan, New York City, U.S

☆ Wall Street awaits Nvidia's earning report for clues about the chip giant's future
▼ + stars: | 2024-11-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.

Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, —, BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London

☆ Archegos Capital Management founder Bill Hwang sentenced to 18 years in prison
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArchegos Capital Management founder Bill Hwang sentenced to 18 years in prisonCNBC's Steve Kovach joins 'Closing Bell' to report on Archegos Capital Management founder Bill Hwang being sentenced to 18 years in prison.

Persons: Bill Hwang, Steve Kovach Organizations: Archegos Capital Management

☆ The 'Squid Game' director says he agreed to make the second season of the show for just one reason: money
▼ + stars: | 2024-11-12 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

Hwang Dong-Hyuk, the director of "Squid Game," said the Emmy-winning series caused a lot of stress. AdvertisementHwang Dong-Hyuk, the director of "Squid Game," says he was so stressed while making the first season of the Emmy-winning show that he lost "eight or nine" teeth. The second season of "Squid Game" will be released on December 26, and its third installment is set to be released next year, according to Netflix. That year, "Squid Game" also earned a spot as the most-watched show, with 1.65 billion hours streamed in the first four weeks. In the same interview with BBC, Hwang said that the stress he felt creating the second season of "Squid Game" was "much greater" due to high audience expectations.

Persons: Hwang Dong, Hwang, —, wasn't, Guillermo del Toro's, Seong Gi, Lee Jung Organizations: Netflix, Service, BBC, Bloomberg, Guardian, Business, Business Insider

☆ ‘Squid Game’ Season 2 official teaser trailer drops
▼ + stars: | 2024-11-01 | by ( Amarachi Orie | ) edition.cnn.com time to read: +1 min

“Squid Game” Season 2 is on its way and Netflix has decided it’s time to give us a sneak peek at what’s to come in the second round of survival games. “There’s no stopping the game,” Netflix wrote on YouTube on Thursday as it dropped the official teaser for the new season of its hit series, which will debut on December 26. Squid Game: Season 2 | Official Teaser | NetflixThe new installment of the dystopian Korean drama – once again directed, written and produced by Hwang Dong-hyuk – will begin three years after the end of the previous game. “Gi-hun once again dives into the mysterious survival game, starting another life-or-death game with new participants gathered to win the prize of 45.6 billion won,” the synopsis adds. In July, the streaming service announced that the third season, set for 2025, will be the last.

Persons: “, –, Hwang Dong, Lee Jung, jae, Gong Yoo, Hwang, Lee Byung Organizations: CNN, Netflix, YouTube Locations: Korean

☆ North Korean troops will become 'cannon fodder' if they join Russia's war against Ukraine, South Korea says
▼ + stars: | 2024-10-31 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

South Korea's UN ambassador says North Korean soldiers will become "cannon fodder" in Ukraine. AdvertisementNorth Korean troops headed to fight in Ukraine will "end up as mere cannon fodder," Joonkook Hwang, the South Korean ambassador to the UN, said on Wednesday. 'Cannon fodder'The news of North Korea's troops joining Russian troops comes as Russia has struggled to find the manpower for its military. Hwang's prediction of the fate that awaits North Korean troops echoes comments Ukraine and the US have made over the course of the war. AdvertisementIn June, the Pentagon said North Korean soldiers will become "cannon fodder" if they are sent to aid the Russian war effort.

Persons: —, Joonkook Hwang, Hwang, Kim Jong, Cannon, Vladimir Putin, Kim Jong Un Organizations: North, Service, South, UN, UN Security, Ukraine, Russian, Pentagon, Business Locations: UN, Ukraine, North Korea, South Korean, New York, Russia, South Korea, North, Iran, DPRK, Europe

☆ The Archegos disaster isn't over yet for banks as the feds reportedly revive criminal antitrust probe
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Read previewFederal prosecutors are reexamining Wall Street banks that lost billions in the 2021 Archegos collapse, anonymous sources told Bloomberg. The revived probe follows just months after Archegos' founder Bill Hwang was convicted of fraud, racketeering, and market manipulation in July. AdvertisementHowever, this plot fell apart when the stocks fell in March 2021, sending Archegos's $150 billion in bets fell into freefall. After an agreement failed to materialize, banks such as Goldman Sachs and Morgan Stanley unleashed their shares onto the market. Sources told Bloomberg that the department has begun making inquiries, with special attention paid to the 2021 banks' emergency discussions.

Persons: —, Archegos, Bill Hwang, Hwang, Goldman Sachs, Morgan Stanley Organizations: Service, Bloomberg, US Department of Justice, Business, Credit Suisse, Nomura, UBS, DOJ Locations: freefall

☆ As Many South Koreans Shun Marriage, Two Women Try to Redefine Family
▼ + stars: | 2024-07-18 | by ( Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

The event was to celebrate and discuss the book written by Hwang Sunwoo and Kim Hana, both 47, about their life together as single women in South Korea. He told the two women that they were making the country’s birthrate, already the world’s lowest, even worse. But with millions of South Koreans shunning the institution of marriage, the family-centered support system is rapidly unraveling. The nation’s quality of support network — measured by whether people have someone to rely on in a time of need — is the lowest among developed nations. South Korea also has the highest suicide rate among those nations.

Persons: Hwang Sunwoo, Kim Hana, ” Ms, Hwang, “, ” Locations: South Korea

☆ Archegos founder Bill Hwang convicted at criminal trial over fund's collapse
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: +4 min

Sung Kook (Bill) Hwang, the founder and head of the private investment firm Archegos, arrives at the Manhattan Federal Courthouse in New York City, U.S., July 9, 2024. The jury, which began deliberations on Tuesday, found Hwang guilty on 10 of 11 criminal counts and Patrick Halligan, his Archegos deputy and co-defendant, guilty on all three counts he faced. Hwang and Halligan sat flanked by their lawyers as the verdict was read by a soft-spoken foreperson. Hwang, 60, had pleaded not guilty to one count of racketeering conspiracy, three counts of fraud and seven counts of market manipulation. At its peak, prosecutors said Archegos had $36 billion in assets and $160 billion of exposure to equities.

Persons: Sung Kook, Bill, Hwang, Patrick Halligan, Halligan, Prosecutors, Andrew Thomas, Barry Berke, William Tomita, Scott Becker, Archegos Organizations: Archegos Capital Management, Prosecutors, U.S . Justice Department, U.S, Attorney's, Southern, of, Credit Suisse, UBS, Nomura Holdings Locations: Manhattan, New York City, U.S, of New York

☆ The fate of a single investor who nearly tanked the market is now in the hands of a New York jury
▼ + stars: | 2024-07-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —In lower Manhattan, a jury is now weighing a case against a little-known investor who made it big, lost everything, and briefly brought Wall Street to its knees. His positions were so large that when the stocks started falling, it had a seismic effect on the market. And on Tuesday, after a two-month trial in New York federal court, the case was handed over to a jury that will decide their fate. Before Archegos, market watchers knew unregulated family offices were a problem, and they knew that swaps going unreported was a problem. “Fifteen years after the global financial crash, we still have gross under-regulation of non-banks, and we have Wall Street megabanks engaged in high-risk activities that aren’t properly regulated,” Kelleher told me.

Persons: CNN Business ’, Bill Hwang, Wall, Bill Hwang’s, Hwang, Patrick Halligan, Halligan, Josh Naftalis, ”, Naftalis, Goldman Sachs, Morgan Stanley, Dennis Kelleher, Wang, there’s, megabanks, ” Kelleher, “ Organizations: CNN Business, New York CNN, Warner Bros, Prosecutors, Bloomberg, Southern, of, Pallas Partners Locations: New York, Manhattan, of New York

☆ Archegos founder Bill Hwang found guilty in multibillion-dollar fraud trial
▼ + stars: | 2024-07-10 | by ( Samantha Delouya | Allison Morrow | ) edition.cnn.com time to read: +1 min

CNN —Bill Hwang, founder of Archegos Capital Management, was found guilty of fraud Wednesday by a Manhattan federal court after the 2021 collapse of his investment firm wiped billions of dollars off financial markets and nearly brought down Wall Street. The jury delivered a speedy conviction, finding Hwang guilty on 10 of 11 criminal counts after beginning deliberations Tuesday afternoon. Archegos’ implosion cost shareholders $100 billion and banks $10 billion, the prosecutors argued. In a statement, the US Attorney’s office for the Southern District of New York said Hwang’s guilty verdict sends a message that market manipulation would be held accountable. “Hwang and Halligan were able to fraudulently inflate a $1.5 billion portfolio into a $36 billion portfolio,” the statement said.

Persons: Bill Hwang, Hwang, Hwang’s, Patrick Halligan, “ Hwang, Halligan, ” Hwang Organizations: CNN, Archegos Capital Management, Warner Bros, Southern, of Locations: of New York

☆ Jury Finds Archegos Founder Bill Hwang Guilty on 10 Charges
▼ + stars: | 2024-07-10 | by ( Matthew Goldstein | ) www.nytimes.com time to read: +1 min

A jury in federal court in Manhattan on Wednesday found the investor Bill Hwang guilty on charges arising from the collapse of Archegos Capital Management, which led to roughly $10 billion in losses for a handful of big Wall Street banks. Two key witnesses were former employees of Archegos, which Mr. Hwang had set up in 2013 as a giant family office that traded like a hedge fund but without much regulatory oversight. In all, Mr. Hwang, 60, was charged with 11 counts of securities fraud, wire fraud, conspiracy, racketeering and market manipulation. The jury found him guilty on 10 of those charges and found him not guilty on one of the seven counts of market manipulation. Mr. Hwang, who was seated and wearing a dark suit when the foreperson read the verdict, could spend the rest of his life in a federal prison.

Persons: Bill Hwang, Hwang, . Hwang Organizations: Archegos Capital Management Locations: Manhattan

☆ Archegos Founder Bill Hwang convicted on 10 of 11 counts at criminal trial
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArchegos Founder Bill Hwang convicted on 10 of 11 counts at criminal trialCNBC's Leslie Picker joins 'Closing Bell Overtime' to talk the outcome of Archegos Founder Bill Hwang's trial.

Persons: Bill Hwang, Leslie Picker, Bill Hwang's

☆ Multibillion-Dollar Fraud Trial Against Archegos Founder Nears Its End
▼ + stars: | 2024-07-08 | by ( Matthew Goldstein | ) www.nytimes.com time to read: +1 min

During closing arguments, Andrew Thomas, the prosecutor, said that Mr. Hwang had defrauded the banks and other traders in the market by artificially inflating stock prices to pump up the size of Archegos. Barry Berke, a lawyer for Mr. Hwang, said the government was criminalizing his client’s high-risk trading only because it caused losses for the banks that had lent him billions of dollars. Hwang bet on companies he believed in,” Mr. Berke said. “That is not manipulative.”Mr. Hwang, 60, is charged with 11 counts of securities fraud, wire fraud, conspiracy, racketeering and market manipulation. If convicted on all counts, he could spend the rest of his life in prison.

Persons: “, Bill Hwang, Andrew Thomas, Mr, Hwang, Barry Berke, ” Mr, Berke Organizations: Archegos Capital Management Locations: Manhattan

And they were everywhere, although, naturally, New York City was a magnet, as it has always been for L.G.B.T.Q.+ people looking for a place in which they can be themselves. New York City was where you lost your soul, and we wanted to be closer to the earth. I wore an eight-and-a-half-foot-tall Statue of Liberty costume to the Easter Parade in New York City, and Kirsten came along with me. By the time I turned 30, I’d been telling people I was older for years, because I’m not the type to bemoan the loss of my youth. Going to New York felt like this moment of emerging to a wider audience, and then I started to travel a lot.

Persons: André De Shields, Lady Bunny, Michael R, Jackson, Juliana Huxtable, Wong, J.D, Samson, Pat Oleszko, it’s, —, John Rechy, ”, Danez Smith, Trump, he’d, “, Jenna Lyons, Avram Finkelstein, Joe Mantello, …, Catherine Opie, you’re, Willie Norris, “ I’d, It’s, you’ve, ” — Mark Harris Read, De Shields, Justin French, Chuck Ashley, Anthony Cotsifas, William F, Robert O’Hara’s, Hermes, — Max Berlinger Jenna Lyons, Antonio Lopez, Jenna Lyons’s, Grace Jones ”, Juan Ramos, Antonio Lopez’s, Grace Jones, Tina Chow, Marisa Berenson, Pam Anderson, That’s, — Jason Chen Jayne County, Jayne County, Gus Stewart, Billy Idol, Wayne County, — M.B, Bill T, Jones, Arnie, Arnie Zane, Zane, Keith Haring, Lois Greenfield, Jack Mitchell, Peggy Jarrell Kaplan, Gertrude Stein, Alice B, we’d, Bill, Arnie ”, I’m, — Juan, Norris, Yael Malka, Tomas Abad, West, Black, I’d, — Colleen Hamilton B.D, New York’s Eugene, . Wong, David Henry Hwang’s, Richie, wasn’t, Wayne Barker, — John Wogan Edmund White, Edmund White, Horatio, Leonard Fink’s “, Barbara Confino, Leonard Fink, Joseph Rodriguez, Bleecker, You’d, Gosh, Michael Snyder Pat Oleszko, Chichi, Kirsten, who’d, she’d, — C.H, Brian Michael Smith, Gay, Smith, Kiki Ball, Josue Infante, Skyler Cruz, Jamison, — J.A.R, Agnes Denes’s “, Don Yowell, Finkelstein, Agnes Denes, Leslie Tonkonow, Don, Agnes Denes’s, JD Samson, Sia, Mark Hunter, Anthony Cotsifas I’d, Johanna Fateman, Tigre, Michael O’Neill, Obama, might’ve, — Kate Guadagnino Kristen Kish, Kish, Suzanne Kreiter, David Moir, Bravo, isn’t, — J.W, Stephen Spinella, Mantello, Joan Marcus, Photofest, Tony Kushner’s, Louis Ironson, Milton Glaser, he’s, David, Marshall Grant, Joe Pitt, Walter, Awards, Stephen, ” —, Freedia, Devon Hurst, Sissy Nobby, Barack Obama’s, Lyle Ashton Harris, Big, Bounce, ” — M.B, Thom Browne, Browne, Los Angeles’s Chateau Marmont, Malcolm Venville, Paul Fortune, Michèle Lamy —, — J.C, Catherine Opie’s “, Opie, Ian, Lehmann Maupin, Eileen Myles, Jenny Shimizu, I’ve, Nicole Acheampong Danez Smith, Juan Cordero, ” Womp, They’d, hookups, Who’s, We’ve, You’re, J.A.R, Linda Simpson, India, Little Louie Vega, who’s, — K.G, Alexander Chee, Alexander Chee’s, Marguerite Duras’s “, Jeongneung, King Jungjong, Eric McNatt, Chris Chee, — M.S, Sam Jay, Jay, Jonah, Kumail ”, hadn’t, K.G, Phillip Lim, Lim, Tourmaline, Sylvia Rivera, Luce Capco Lincoln, York’s, We’d, Marsha P, John Cameron Mitchell, Larry Kramer, Mitchell’s, Mitchell, Martha Swope, Billy Rose, Mark Tusk, ” Kramer’s, Larry, Ned Weeks, Ned, “ Hedwig, J.W, Joerg Lohse, Reena, there’s, Matt Bomer, Bomer, Simon Halls, Neal Caffrey, Tony Kushner, Terrence McNally —, — I’d, Hollywood, Wu Tsang, Neil Rasmus, Wildness, ’, Wildness ”, Roxane Gay, Mueller, Brandon Williams, Donna Gottschalk, Donna Gottschalk’s “, Duchess, Galerie Marcelle Alix, goddamn, Coco Romack Michael R, Aaron Kinney, Nova, “ I’m, Bob Damron’s, Sgt, Shirley, Waldorf, Harold’s, Jean ] Genet, Marcel, Proust Organizations: Pride, Stonewall, West, America’s, ACT UP, San, Playwrights Horizons, Odeon, New York’s TriBeCa, Electric, Getty, Police, Billy, New York Live Arts, Keith Haring Foundation, BAM Hamm, Liberation, Brooklyn Liberation, Brooklyn Museum, Fort, New York’s, New York’s Eugene O’Neill Theatre, Broadway, Equity, LGBT Community Center, Fulbright, Mudd, New, Bisexual, Transgender Community, Center, Transgender Community Center, “, Maxwell, Museum School, Farmers, Seattle, Boston Globe, Travel, New York Times, Rancho Mirage, Gay, Caesar’s, FEMA, Yale, York’s Webster Hall, Masters, Records, Pyramid, Work, ACT, Carpenters, Seymour, Edinburgh, Atlanta —, Ninja, Huntington, New York, Lesbian, Equal, Billy Rose Theatre Division, The New York Public Library, The New York Times, USA, Children’s Hospital of Los, MoMA, Whitney Biennial, University of Nebraska, Alamy, HarperCollins, of Engineering, Google, Division, Astor, Tilden Foundations, Pershing, University of Southern, Pershing Square Locations: New York, Berlin, “, America, San Francisco, Baltimore, New York’s, New York City, California, Atlanta, Europe, Wayne County, Dortmund, Germany, London, Amsterdam, Rotterdam, Rockland County, N.Y, ’, I’m, Brooklyn, West Dakota, Fort Greene, New, Leonard Fink’s “ Bars, Street, Rome, —, Aspen, Colo, Copenhagen, Danish, Peru, Los Angeles, Agnes Denes’s “ Wheatfield, Downtown Manhattan, North Moore, TriBeCa, Hoboken, N.J, Lower Manhattan, Manhattan, Boston, Williamsburg , Brooklyn, Vinnie’s, Bedford, Austin , Texas, Copley, Menton, Asian American, York, New Orleans, Houston, Los Angeles’s, L.A, Hong Kong, Seoul, Casa, Koreatown, Minneapolis, Grindr, East, India, Wigstock, Tompkins, Vershire, Chee, Iowa, Huntington Beach, Chelsea, Barneys, Madison, Miami, New York State, Washington, The, LA, Silver Lake, Missouri, Children’s Hospital of Los Angeles, Zurich, Central, American, Westlake, Los Angeles and New York, Lincoln, Alphabet City , New York, Lenox, United States, University of Southern California, Downtown Los Angeles

☆ Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial
▼ + stars: | 2024-05-08 | by ( Matthew Goldstein | ) www.nytimes.com time to read: +1 min

Three years ago, a multibillion-dollar investment firm called Archegos Capital Management blew up with little warning, causing big losses for some Wall Street banks and leading to federal criminal charges against the firm’s founder, Bill Hwang. On Wednesday, Mr. Hwang, 60, who was charged with 11 counts of securities fraud, wire fraud, conspiracy, racketeering and market manipulation, is set to go on trial in Manhattan federal court. Federal prosecutors are seeking to secure a conviction in a major stock market manipulation case in which Mr. Hwang, whose legal name is Sung Kook Hwang, was one of the big financial losers. Archegos had managed money mainly for Mr. Hwang, his family and some of his employees, and much of his family’s wealth was wiped out when the firm collapsed in March 2021. Also on trial with Mr. Hwang is Patrick Halligan, the former chief financial officer of Archegos.

Persons: Bill Hwang, Hwang, Sung Kook Hwang, Archegos, Patrick Halligan Organizations: Archegos Capital Management, Authorities Locations: Manhattan, Wall

☆ The alleged architect of a multibillion-dollar fraud that shook Wall Street heads to trial
▼ + stars: | 2024-05-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —In the spring of 2021, you might have heard about a small investment firm with an odd name, Archegos, that imploded practically overnight and left big Wall Street banks sweating over billions of dollars in losses. Put simply, prosecutors say Hwang had used financial instruments called “total return swaps” to gain exposure to the stocks without actually owning them. Over the course of a year, prosecutors say, Hwang grew his $1.5 billion portfolio into a $35 billion portfolio. Why the case mattersWhite-collar crime on Wall Street may seem like a distant problem for most Americans, and that may be true. And sometimes, as in the financial crisis of 2008, it was a bit of Wall Street tinkering in derivatives contracts that blew up in banks’ faces and collapsed the housing market.

Persons: CNN Business ’, Bill Hwang, Hwang, Matt Egan, Banks, Archegos, ” Hwang, Hwang didn’t, ”, isn’t, Dennis Kelleher Organizations: CNN Business, New York CNN, Archegos, Management, Viacom, Discovery, Warner Bros, CNN, Term Capital Management, Credit Suisse, Employees, Bloomberg, Tiger Asia Management Locations: New York, Korean, York City, ’

SEOUL, South Korea (AP) — Shohei Ohtani may be South Korea's most-beloved Japanese athlete, a testament to his charm in softening any lingering animosity between the two neighbors. “I think Ohtani would perhaps be the first Japanese athlete who we can say we like. After his arrival in South Korea, he told reporters that he’s always respected South Korea’s national teams and called South Korea “one of my favorite countries." In 2019, a forced-labor issue triggered widespread public campaigns in South Korea to boycott Japanese goods and services. But despite their often-rocky political relations, South Korea and Japan are closely linked to each other culturally and economically.

Persons: covets, ”, Lee Jong, “, Hwang Seon, he’s, Yoon Suk, Heung, ” Lee, ___ Organizations: Major League Baseball, San Diego Padres, Los Angeles Dodgers, Korean, Dodgers, Seoul’s Hanyang University, Ohtani’s South, South, Twitter, Tottenham Hotspur Locations: SEOUL, South Korea, Korean, Japan, Korea, South Koreans

☆ The Met Opera’s New Season: What We Want to See
▼ + stars: | 2024-02-21 | by ( ) www.nytimes.com time to read: +1 min

Contemporary works will be front and center in the coming season, the Metropolitan Opera announced on Wednesday, with four company premieres among its six new productions. It will be the fifth opera by Adams that the Met has presented, putting him in the same category as Tchaikovsky and Bellini. The lineup is part of the house’s efforts to attract new audiences by embracing contemporary operas, which are outselling many of the classics. The Met is still grappling with headwinds as it works to recover from the pandemic. In January, the company said it had withdrawn nearly $40 million in additional emergency funds from its endowment to help cover operating expenses.

Persons: Jeanine Tesori, George Brant, Moby, Dick, ”, Jake Heggie, Gene Scheer, “, Osvaldo Golijov, David Henry Hwang, “ Antony, Cleopatra, John Adams, Adams, Tchaikovsky, Bellini, Verdi’s, Aida ”, Strauss’s, Salome, Puccini’s, Simon McBurney Organizations: Metropolitan Opera, Met

DOHA, Qatar (AP) — With some of America's biggest stars deciding to stay home, Claire Curzan and Hunter Armstrong claimed the spotlight at the World Aquatics Championships on Tuesday. Curzan won gold in the women's 100-meter backstroke at the Aspire Dome, while Armstrong followed just a few minutes later with a victory in the men's 100 back. The 19-year-old Curzan, who competes at the University of Virginia, claimed the first individual world title of her burgeoning career. After settling for bronze in the 100 back at the last two world championships, the Ohio native now has a gold. Hobson, part of a scaled-back team for these world championships, gave himself a big boost with the Paris Olympics just five months away.

Persons: Claire Curzan, Hunter Armstrong, Curzan, Armstrong, Simona Quadarella, Italy romped, Hwang Sun, Kaylee McKeown, Regan Smith, Iona Anderson, Canada's Ingrid Wilm, ” Curzan, ” Armstrong, “, Spain’s Hugo Gonzalez, Gonzalez, Ryan Murphy, Quadarella, Katie Ledecky, Ledecky, Li Bingjie, Isabel Gose, Hwang, Luke Hobson, Danas Rapsys, Hobson, ”, Kim Woo Organizations: University of Virginia, Paris, Cal, Doha, Ledecky, Olympic, Paris Olympics, University of Texas Locations: DOHA, Qatar, U.S, Doha, Italy, South Korea, Fukuoka, Ohio, Paris, Quadarella, China, Germany, Nevada

☆ Asian Cup: Son Heung-min’s dazzling extra-time free kick seals South Korea’s dramatic passage to semifinals
▼ + stars: | 2024-02-03 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —A dazzling extra-time free kick from talisman and captain Son Heung-min sealed a dramatic victory for South Korea in the Asian Cup quarterfinals against Australia, continuing its habit of nervy, sensational finishes in this tournament. And against Australia, South Korea was trailing 1-0 almost four minutes into stoppage time. “The most important thing is we get the result,” Son said afterwards, per the Asian Cup website. Son's goal sealed South Korea's place in the Asian Cup semifinals. Xia Bohan/VCG/Getty Images“It was another drama,” said South Korea manager Jürgen Klinsmann, according to the Asian Cup wesbite.

Persons: Son Heung, Cho Gue, Son, Hwang Hee, Matty Ryan, ” Son, Craig Goodwin, Jo Hyeon, Connor Metcalfe, Goodwin, Nathaniel Atkinson, Jo, Graham Arnold, Aidan O’Neill, Xia Bohan, ”, Jürgen Klinsmann, “ I’m, Jordan Organizations: CNN, South, Australia, Warriors, Tottenham, Kyodo, Socceroos, Taegeuk Locations: South Korea, Saudi Arabia, Australia

☆ Asian Cup: South Korea beat Saudi Arabia in dramatic penalty shootout to advance to the quarterfinals
▼ + stars: | 2024-01-31 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —South Korea was on the verge of being eliminated from the AFC Asian Cup after going 1-0 down against Saudi Arabia, but managed to turn things around with a late equalizer from Cho Gue-sung followed by a decisive 4-2 penalty shootout win. Giuseppe Cacace/AFP/Getty ImagesSouth Korea managed to grow into the game and began to rain chances down on the opposition goal late on. Saudi Arabia goalkeeper Ahmed Al-Kassar was called into action to deny Hwang In-beom and Seol Young-woo as the game ticked towards the final whistle. Hassan Tambakti of Saudi Arabia and South Korea captain Son Heung-Min battle for the ball. Robert Cianflone/Getty ImagesSouth Korea keeper Jo Hyeon-woo played hero in the shootout, saving Saudi Arabia’s final two spot-kicks before Wolves’ Hwang fired his deciding penalty into top corner, punching South Korea’s ticket to the quarterfinals.

Persons: Cho Gue, Roberto Mancini, Saleh Al, Ali Lajami, Salem, Abdullah Radif, slotting, Radif, Giuseppe Cacace, Ahmed Al, Kassar, Hwang, Seol Young, Cho, Hwang Hee, Hassan Tambakti, Son Heung, Robert Cianflone, Jo Hyeon, Wolves ’ Hwang, Jürgen, ”, “, Klinsmann Organizations: CNN, AFC Asian, Manchester City, Green Falcons, Getty, Warriors, Saudi, Wolves, South, US men’s, “, Australia –, Tottenham Hotspur Locations: South Korea, Saudi Arabia, Italy, AFP, Korea, Saudi, Indonesia, ” South Korea

☆ Russia's use of North Korean missiles in Ukraine could be a 'cash cow' for Kim Jong Un, expert says
▼ + stars: | 2024-01-19 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewRussia's use of North Korean ballistic missiles in Ukraine could boost missile sales for Kim Jong Un's government, a military analyst told The Wall Street Journal. Last week, South Korea's ambassador to the UN accused North Korea of using Ukraine as a "test site" for its nuclear-capable missiles. "This is the cash cow," Dalton said, adding that now "North Korea will be able to command a premium for these systems in ways it wasn't before." Fragments of what may be North Korean missiles used by Russia in an attack on Kharkiv, Ukraine, on January 6, 2024. "If Ukraine, for example, proves more successful in shooting down North Korean missiles compared to Russian ones, then we can assume that North Korean technology is not as advanced," he said.

Persons: —, Kim Jong, Joonkook Hwang, John Kirby, Toby Dalton, Dalton, Ramon Pacheco Pardo, Pardo, Bruce Bechtol, Bechtol, Yoo Sang, Andriy Kostin Organizations: Service, Wall Street, Business, UN, National Security, Nuclear, Carnegie Endowment, Getty, King's College London, Federation of American Scientists, Angelo State University in, country's Intelligence Service, CNN, Suspilne, Meduza Locations: Korean, Ukraine, South, Korea, Russia, North Korea, Kharkiv, Iran, Angelo State University in Texas, South Korea, Japan

UNITED NATIONS (AP) — South Korea called on the divided U.N. Security Council on Thursday “to break the silence” over North Korea’s escalating missile tests and threats. South Korea is serving a two-year term on the council. In a message clearly aimed at the United States and South Korea, Zhang expressed hope that while attention is mainly on North Korea, “other countries are also responsible to avoid further escalation.”France’s U.N. And he called it “a shame” that Russia is violating Security Council resolutions by “buying military stuff that they use in Ukraine" from North Korea. South Korea’s Hwang said all 15 members of the Council are worried that North Korea’s rhetoric and actions are “getting more and more serious.”But how to break the council’s silence and inaction?

Persons: “, Hwang Joonkook, —, Kim Jong, Kim, Robert Wood, ”, U.N, Zhang Jun, Zhang, France’s U.N, Nicolas De Riviere, ” De Riviere, Korea’s Hwang, Hwang Organizations: UNITED NATIONS, Security, U.N, North, South Locations: South Korea, Korea, China, Russia, U.S, North Korea, South, America, “, United States, Ukraine

MILWAUKEE (AP) — Damian Lillard swished a 3-pointer at the buzzer in overtime to give the Milwaukee Bucks a stunning 143-142 win over the Sacramento Kings on Sunday night. The Kings led by four late in overtime, but Brook Lopez made a 3-pointer from the corner to pull the Bucks to 141-140 with 11.5 seconds remaining. Giannis Antetokounmpo had a triple-double with 27 points, 10 rebounds and 10 assists, Malik Beasley scored 23 points and Bobby Portis added 22. The Bucks were without Khris Middleton, who rested his surgically repaired right-knee as the Bucks played their third game in four days. The Bucks made 63% of their first-half shots, including 8 of 14 from 3-point range, but held a slim 68-66 margin as the Kings took 53 shots compared with 35 for Milwaukee.

Persons: — Damian Lillard swished, Brook Lopez, De'Aaron Fox, Lillard, Giannis Antetokounmpo, Malik Beasley, Bobby Portis, Domantas Sabonis, Nikola Jokic, Mike Brown, Intae Hwang, Malik Monk, Brown, Antetokounmpo, Khris Middleton, Kevin Heurter Organizations: MILWAUKEE, Milwaukee Bucks, Sacramento Kings, Bucks, Fox, Denver Nuggets, Milwaukee, Sacramento, Toronto, Philadelphia 76ers, Kings, Phoenix, Cleveland Locations: UP

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