K-pop group BTS will release a new studio album this summer.
Their management agency, Big Hit Music, announced that the record would arrive on June 10, with more details to follow.
The popular seven-member boyband from South Korea have produced several albums, including two UK number ones, and collaborated with rock band Coldplay last year on the track My Universe.
The K-pop group's last album release was 'Be' in November 2020.
"Hello. This is Big Hit Music. BTS will be back with another new album on June 10, 2022," a statement posted by their label on the Korean web platform Weverse said.
"Details on the new album will be provided in a separate notice at a later date.
"We look forward to your love and support for BTS' new album. Thank you."
Since their debut in 2013, BTS have won global recognition for their self-produced music and activism, which included giving a speech at the United Nations and publicly calling out anti-Asian racism.
Across their career, they have won a host of awards, including nods at the MTV European and Video Music Awards.
For the past two years, they have also been nominated in the Brit Awards international group category and for the Grammy Awards best pop duo/group performance prize.
The K-pop superstars were recently named the 2021 global recording artist of the year by the International Federation of the Phonographic Industry (IFPI), making them the first act to win the award for two consecutive years.
Look back at BTS through the years here:
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BTS through the years: the K-pop band at the Korean Culture Convention (K-Con), held at the Los Angeles Memorial Sports Arena on August 10, 2014. AFP -

Members of BTS arrive on the red carpet for K-Con 2014. AFP -

BTS on the red carpet for the Asia Artist Awards in Seoul on November 16, 2016. AFP -

Jin, Suga, J-Hope, RM, Jimin, V and JungKook of BTS at Music Choice in New York City on March 22, 2017. Getty -

BTS perform Fake Love at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on May 20, 2018. AP -

BTS accept the Top Social Artist award at the Billboard Music Awards on May 20, 2018. Reuters -

BTS attend the 73rd session of the United Nations General Assembly on September 24, 2018. AP -

BTS perform during a Korean cultural event in Paris as part of the South Korean president's official visit to France on October 14, 2018. AFP -

BTS on the red carpet at the Mnet Asian Music Awards in Hong Kong on December 14, 2018. AP -

BTS at the Seoul Music Awards on January 15, 2019. Getty -

BTS present the award for Best R&B Album during the 61st Grammy Awards on February 10, 2019, in Los Angeles. AFP -

BTS perform on Saturday Night Live on April 11, 2019. Getty -

BTS before rehearsals for KBS 2TV's Music Bank in Yeouido, Seoul, on April 19, 2019. Getty -

BTS perform at concert to promote 18th Fina World Championships at a stadium in Gwangju, South Korea on April 28, 2019. EPA -

BTS and Halsey performing Boy With Luv at the Billboard Music Awards on May 1, 2019. Reuters -

BTS attend Youth Day at the Presidential Blue House in Seoul on September 19, 2020. Reuters -

BTS present a purple gift box to President Moon Jae-in during the inaugural Youth Day event in Seoul on September 19, 2020. EPA -

BTS on the red carpet during the annual Mama Awards at Nagoya Dome in Nagoya, Japan, on December 4, 2019. Reuters -

BTS at the 34st annual Golden Disk Awards ceremony in Seoul on January 4, 2020. EPA -

BTS arrive at the 62nd annual Grammy Awards in Los Angeles on January 26, 2020. AP -

BTS visit the Today Show at Rockefeller Plaza in New York City on February 21, 2020. AFP -

BTS give an address as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals -

BTS performing as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals -

BTS perform 'Dynamite' during the MTV Video Music Awards on August 30, 2020. Reuters -

BTS accept the award for Best Pop Video for 'On' during the MTV Video Music Awards on August 30, 2020. AP -

BTS arrives to security check-in at the United Nations headquarters during the 76th Session of the UN General Assembly in New York on September 20, 2021. AFP -

V, Suga, Jin, Jungkook, RM, Jimin and J-Hope of BTS arrive at the 2021 American Music Awards at the Microsoft Theater in Los Angeles, California on November 21, 2021. Reuters -

BTS accepts the award for artist of the year at the American Music Awards in 2021 at the Microsoft Theater in Los Angeles. AP -

Jin, Suga, V, Jungkook, RM, Jimin, and J-Hope of BTS hold their award for the Favourite Pop Song, Favourite Duo or Group and Artist of the Year awards during the 2021 American Music Awards. Reuters -

BTS pose on red carpet of iHeartRadio Jingle Ball concert in California on December 3, 2021. Reuters -

BTS perform at Jamsil Olympic Park in southern Seoul, South Korea on March 10, 2022. EPA -

BTS pose on red carpet of 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas, Nevada on April 3, 2022. Reuters -

BTS perform Butter during 64th Annual Grammy Awards show in Las Vegas, Nevada on April 3, 2022. Reuters -

BTS Permission to Dance concert in Las Vegas on April 10, 2022. Photo: Big Hit Music -

Members of BTS join Karine Jean-Pierre, White House press secretary, centre, during a news conference at the White House in Washington DC on May 31, 2022. Photo: Oliver Contreras / Sipa / Bloomberg
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Education: Bachelors degree in English Literature with Social work from UAE University
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Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
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Cyberbullying or online bullying could take many forms such as sending unkind or rude messages to someone, socially isolating people from groups, sharing embarrassing pictures of them, or spreading rumors about them.
Cyberbullying can take place on various platforms such as messages, on social media, on group chats, or games.
Parents should watch out for behavioural changes in their children.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
