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Latest News from Korea
- US Capital Group raises stake in South Korea’s LS Electric
An engineer assembles a switchboard at LS Electric’s factory in Utah (File photo by Eui-Myung Park) The Capital Group Companies Inc. increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset manager enjoyed profits from its investments in major firms in Asia’s fourth-largest economy. Capital Group said on Thursday it… Read more: US Capital Group raises stake in South Korea’s LS Electric - Samsung Biologics shares fly high to rank Korea’s third most valuable stockSamsung Biologics’ booth at the BIO International Convention 2024 held in San Diego (Courtesy of Yonhap) Samsung Biologics Co., the world’s largest contract drugmaker, has become South Korea’s third most valuable stock on the country’s main bourse, buoyed by strong sales growth and the expected windfall gains from the Trump administration’s push for biotechnology to keep China in check. Shares… Read more: Samsung Biologics shares fly high to rank Korea’s third most valuable stock
- Hanwha Systems posts record earnings in 2024 on brisk defense salesHanwha Systems’ multi-function radar (MFR) system used in Cheongung II missiles (Courtesy of Hanwha Systems) Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems in overseas markets. The company announced in a regulatory filing on Friday that its consolidated operating profit in 2024 jumped 79% from… Read more: Hanwha Systems posts record earnings in 2024 on brisk defense sales
- Shinhan Bank reclaims top spot as S.Korea’s leading lenderA branch of Shinhan Bank Vietnam Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender with largest-ever profits in 2024, overtaking its archrival Kookmin Bank. Buoyed by the stellar performance, Shinhan Financial announced plans to buy back and retire shares worth 500 billion won ($345 million), on top of the 150 billion… Read more: Shinhan Bank reclaims top spot as S.Korea’s leading lender
- Naver founder to return as board chair; 2024 earnings solidNaver founder and GIO Lee Hae-jin Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid the intensifying global artificial intelligence technology war. His return as chairman of the board was announced on Friday after the company announced its annual sales for 2024 topped… Read more: Naver founder to return as board chair; 2024 earnings solid
Latest Entertainment from Korea
- Pop Powerhouses Unite: LISA, Doja Cat, and RAYE Redefine Heartbreak in ‘Born Again’ [Music Video]In a dazzling fusion of K-pop, American rap, and British pop, BLACKPINK’s LISA, Doja Cat, and RAYE have joined forces to deliver one of the most anticipated collaborations of 2025. Their single “Born Again,” released on February 7, is already making waves across the music industry, blending vintage glamour with modern pop sensibilities. The track, which originated as a demo… Read more: Pop Powerhouses Unite: LISA, Doja Cat, and RAYE Redefine Heartbreak in ‘Born Again’ [Music Video]
- NCT’s Mark Shines in Polo Ralph Lauren for Arena Homme+ KoreaIn a stunning collaboration that bridges K-pop and high fashion, Mark Lee of NCT graces the cover of Arena Homme+ Korea’s March 2025 issue, showcasing the latest from Polo Ralph Lauren. The Canadian-born rapper and singer, known for his versatility and charisma, brings his signature style to the forefront in this highly anticipated photoshoot. Mark, who has been making waves… Read more: NCT’s Mark Shines in Polo Ralph Lauren for Arena Homme+ Korea
- Coming Home Band : Bathtub MusicComing Home Band is something different, a collaboration between Dhani Song and Livigesh, by creating a mantra of sounds Written by Chris P for Korean Indie.
- ONF Embarks on a Musical Journey with “FIND THE ROUTE” ConceptK-pop sensation ONF is set to captivate fans once again with their upcoming release, “ONF:MY IDENTITY,” the first part of their second full album. The group recently unveiled intriguing concept photos for their “FIND THE ROUTE” version, sparking excitement among their dedicated fanbase. The concept images showcase a darker, more mature side of ONF, featuring a striking chessboard motif that… Read more: ONF Embarks on a Musical Journey with “FIND THE ROUTE” Concept
- Short Stuff 46 : OddSong, Purple Whale, bennysoo, Isosigi, norin, zz_opp, Kim Hyo RinA lot of interesting songs in Short Stuff 46 along with finding artists in bands releasing solo work Written by Chris P for Korean Indie.
Learn People & History of Korea
- Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3Introduction to Korean Traditional Games Korean traditional games have long been an integral part of the country’s cultural landscape, offering more than mere entertainment. These games, which range from simple children’s pastimes to complex community activities, hold significant cultural significance and often serve as a means of preserving history and promoting social interaction. Rooted in centuries of tradition, these games… Read more: Exploring Korean Traditional Games in Squid Game: From Season 2 to Upcoming Season 3
- Unveiling the Past and Present of Saju: The Art of Korean Fortune TellingIntroduction to Saju Saju, a traditional Korean fortune-telling practice, is an intricate art that seeks to interpret an individual’s fate based on their birth date and time. The term “Saju” translates to “four pillars” in English, referring to the four critical components derived from these time markers: year, month, day, and hour. This method holds significant cultural value within South… Read more: Unveiling the Past and Present of Saju: The Art of Korean Fortune Telling
- The Resilience of the Korean Economy Through Global CrisesIntroduction to the Korean Economy The Korean economy has undergone a remarkable transformation since the end of the Korean War in 1953. Initially characterized by widespread destruction and poverty, the economy has evolved into one of the world’s most dynamic and resilient economies. The foundational stages of its development hinged on a series of strategic policies aiming at industrialization and… Read more: The Resilience of the Korean Economy Through Global Crises
- The Journey of Korean Immigrants: A History & Trends Outside the United States
Introduction to Korean Immigration Korean immigration has a rich and complex history that dates back to the late 19th century. The earliest significant wave of Korean migrants occurred during the 1900s, primarily driven by the socioeconomic upheaval and the political circumstances of the time. With Korea under Japanese colonial rule from 1910 to 1945, many Koreans sought refuge and opportunities… Read more: The Journey of Korean Immigrants: A History & Trends Outside the United States - The Journey of Korean Immigrants: Celebrating Korean American DayIntroduction to Korean Immigration The history of Korean immigration is marked by significant waves of migration driven by various socio-economic and political factors. The first substantial wave can be traced back to the early 20th century, particularly between 1903 and 1905, when numerous Koreans left their homeland for the United States, primarily seeking better economic opportunities and escaping the oppressive… Read more: The Journey of Korean Immigrants: Celebrating Korean American Day
