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Reuters
Reuters
Business
By Cynthia Kim and Jihoon Lee

South Korea fears further economic cooling as concerts, festivals canceled after Halloween crush

FILE PHOTO: A person mourns at a group memorial for the victims of a stampede during a Halloween festival, at Seoul City Hall Plaza in Seoul, South Korea, October 31, 2022. REUTERS/Heo Ran/File Photo

Across South Korea, events such as autumn foliage festivals and K-Pop concerts are canceled, and grief-stricken communities are putting off gatherings after a Seoul crowd crush killed at least 154 people, threatening to crimp growth further.

A major K-pop concert called Busan One Asia Festival, set for Sunday and expected to attract around 40,000 people, was canceled, while dozens of regional councils across the country have called off local festivals planned alongside the autumn foliage season and Halloween.

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