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[1/4] South Korean President Yoon Suk-yeol walks at the scene where many people died and were injured in a stampede during a Halloween festival in Seoul, South Korea, October 30, 2022. REUTERS/ Heo RanSEOUL, Oct 30 (Reuters) - South Korea's President Yoon Suk-yeol declared a period of national mourning on Sunday after a Halloween crush killed some 151 people in a packed nightlife area in Seoul. It was the first Halloween event in Seoul in three years after the country lifted COVID-19 restrictions and social distancing. Choi, the Yongsan district fire chief, said all the deaths were likely from the crush in the single narrow alley. Reporting by Soo-hyang Choi, Choonsik Yoo Daewoung Kim, Hong-ji Kim, Writing by Jack Kim; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Heo Ran/File PhotoSEOUL, Oct 18 (Reuters) - The announcement by K-pop mega band BTS that members would serve mandatory military service in South Korea has removed a cloud of uncertainty that has hung over their plans. Investors in HYBE Co (352820.KS), BTS' management group, responded to the news by driving its shares up as much as 7.8% on Tuesday. In 2020, BTS accounted for 730 billion won in sales out of the company's 796 billion won revenue, she noted. The Korea Culture and Tourism Institute estimated that BTS' 2020 No. Hyundai Research Institute estimated that BTS' average annual production impact is about 4.1 trillion won, and the value-added economic effect is about 1.4 trillion won, in a 2018 report.
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