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Korea Herald
07-07-2025
- Entertainment
- Korea Herald
Award-winning Korean short films set to screen at Paris cinematheque
Busan International Short Film Festival winners bring contemporary Korean cinema to Paris landmark Four award-winning Korean short films from the 41st Busan International Short Film Festival will screen at the prestigious Cinematheque Francaise in Paris, festival officials announced Monday. Scheduled for Monday at 7 p.m., local time, the special program marks the third consecutive year the festival has been invited to present its selections at the renowned Paris venue. The screening will take place in the Cinematheque's Jean Epstein room, named after the French avant-garde cinema pioneer. Leading the lineup is "My Mother's Story," the Grand Prix winner by directors Kim So-young and Jang Min-hee. The 15-minute animated short follows an elderly woman who fled her village during the Japanese occupation and the Korean War, with her daughter bringing her memories to life through animation. The jury lauded the film for turning a potentially tragic tale into one of resilience and hope. Kim Min-seong's "Summer Vacation" earned the Excellence Award for its exploration of family tensions on the 10th anniversary of a mother's death. The 27-minute drama centers on the fraught relationship between a young woman and her stepmother, and has drawn praise for its emotional depth. "Slaughter," directed by Yun Do-yeong, received the Jury Award for its take on ethical compromise and economic hardship. The 26-minute film follows Sangwoo, a young man working at a slaughterhouse, as he grapples with the moral costs of survival. The jury highlighted its naturalistic dialogue and sharply drawn characters. Rounding out the program is Lee Ha-no's "No Hair," which earned a Special Jury Mention for its comedic spin on body image insecurities. The 29-minute film explores fears about hair loss through what the jury called a 'simple and jovial narrative' that struck a chord with audiences. Founded in 1936 by film preservationist Henri Langlois, Cinematheque Francaise was instrumental in shaping the French New Wave. It remains a landmark of global cinephilia, hosting retrospectives and international programs year-round. Following the screening, BISFF artistic director Lee Sang-hoon will introduce the featured works and speak to the audience about the state of Korean short filmmaking today. Founded in 1980 as the Korean Short Film Festival, BISFF has since grown into one of Asia's premier showcases for short-form cinema. Backed by the city of Busan and operating independently from the Busan International Film Festival held each fall, the festival exclusively presents films under 30 minutes. BISFF is also a significant gateway to major awards. Winners may qualify for consideration in Academy Awards categories, as well as BAFTA and Canadian Screen Awards. 'BISFF remains the only short film festival in the world to hold regular screenings at the Cinematheque,' Lee said. 'It's a rare and meaningful platform, and we'll continue working to expand the reach of Korean cinema to audiences around the world.'


CNA
21-04-2025
- Business
- CNA
High chance of S Korean stocks joining developed market index: regulator
SEOUL :The vice chief of South Korea's financial regulatory agency said on Monday there is a high likelihood of the country's stock market being included in a key developed market index in the near future. "We see a very high possibility of being included soon, if not this time," Kim So-young, vice chairman of the Financial Services Commission, said at a press conference held in Seoul for foreign media. The stock market of Asia's fourth-largest economy is currently categorised as an emerging market by global index provider Morgan Stanley Capital International (MSCI), despite many other metrics indicating its developed-economy status. Last month, South Korea lifted a full market-wide ban on short selling of stocks for the first time in five years, which had been cited by foreign investors and MSCI as a major factor hindering market access. "More than 90 per cent (of the issues raised by MSCI) have been resolved," Kim said. He added that Chairman Kim Byoung-hwan would discuss recent improvements with foreign investors and the index provider during his visit to the U.S. this week. MSCI is scheduled to review its market classifications in June. Typically, the index provider places a market on a watch-list for a year or two before any reclassification. The administration of former President Yoon Suk Yeol introduced various measures in recent years to improve market access for foreigners and address the so-called "Korea Discount", which refers to the tendency for domestic stocks to be undervalued. Regarding a recent revision to the Commercial Act aimed at resolving the "Korea Discount", which was passed by parliament but vetoed, Kim said it was more desirable to amend the Capital Markets Act to minimise side effects. Earlier on Monday, South Korea's leading presidential candidate, Lee Jae-myung, pledged to revive legislation to curb abuses by controlling shareholders as part of a plan to bolster the stock market. Kim said the authorities were also reviewing regulatory improvements concerning share issuance, following a series of controversial capital-raising plans, including that of Hanwha Aerospace, which faced investor criticism.