Korean Director Kim Ki-duk’s “˜Arirang’ wins prize at Cannes
World renowned Korean film director Kim Ki-duk’s wrenching movie “Arirang,” has won the top prize for the “Un Certain Regard” category at the 64th Cannes Film Festival on Saturday.
The film Arirang, which is described as a self-portrait that Kim not only wrote and directed but also acted in, reportedly received a standing ovation from the approximately 2, strong audience when showcased during the festival.
Kim won the best director’s prize at the Venice and Berlin film festivals for “3-Iron” and “Samaria,” respectively, in 2004.
Meanwhile, the top prize for the 64th Cannes Film Festival went to “The Tree of Life,” film by the American director and writer Terrence Malick.
A major state-run think tank Sunday sharply raised its 2011 inflation outlook for South Korea, calling for the nation”˜s central bank to actively seek to normalize its prolonged low borrowing costs to help stabilize prices.