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Latest News from Korea
- S.Korea’s Hanwha acquires 9.9% in Australia’s Austal
Austal shipyard in in Alabama, the US (Courtesy of Hanwha Systems) South Korean chemicals-to-defense conglomerate Hanwha Group has taken over a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Australian dollars ($117 million) to cement its presence as a key player in the global shipbuilding and defense sectors, the company announced on Tuesday. According to defense company… Read more: S.Korea’s Hanwha acquires 9.9% in Australia’s Austal - Red flags even before Homeplus crisis: Sales fall, credit ratings cutA Homeplus outlet in Seoul (File photo by Yonhap) Even before South Korea’s second-largest hypermarket chain Homeplus Co. was put under court receivership due to its worsening financial woes, the warning signs were there. Sales at the retail giant stumbled in the run-up to Homeplus’ filing for court protection on March 4. The downward trajectory, however, began years earlier, with… Read more: Red flags even before Homeplus crisis: Sales fall, credit ratings cut
- Hanwha wins $1.6 bn order to build 6 container ships for EvergreenHanwha Ocean CEO Kim Hee-chul (right) and Evergreen Chairman Chang Yen-I pose for a photo after signing a contract to build six LNG dual-fuel ultra-large container ships Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly, ultra-large 24,000 TEU LNG dual-fuel container ships from… Read more: Hanwha wins $1.6 bn order to build 6 container ships for Evergreen
- Krafton invests in 10 overseas game startups in 2024Player Unknown’s Battlegrounds (PUBG) generates about 80% of Krafton’s revenue Krafton Inc. invested in 10 overseas game developers in 2024 in search for next big franchise intellectual property (IP), following its mega-hit title “PUBG: Battlegrounds.” According to game industry sources on Monday, Krafton became a major shareholder in the US-based Varacious Games with the investment of 4.6 billion won ($3.2… Read more: Krafton invests in 10 overseas game startups in 2024
- Samsung in ‘do or die’ situation’; Lee sounds crisis alarmSamsung Electronics Chairman Lee Jae-yong, also widely known by his English name Jay Y. Lee Samsung Electronics Co. Chairman Lee Jae-yong has warned the company’s executives that the South Korean tech giant has “lost Samsung Spirit, a characteristic defined as relentlessness and urged them to overcome the current crisis with a “do-or-die” attitude. “Samsung faces a question of survival,” Lee… Read more: Samsung in ‘do or die’ situation’; Lee sounds crisis alarm
Latest Entertainment from Korea
- Albums We Didn’t Review 10 : Joonie, Kim Sawol, seoseo, baek sungjun, YangbansFive releases that show off the wide variety of artist inside South Korea Written by Chris P for Korean Indie.
- NMIXX’s ‘KNOW ABOUT ME’ Music Video Release and Upcoming Fan EventsPhoto Credits: NMIXX, JYP Entertainment, Marie Claire South Korean girl group NMIXX has officially released the music video for their latest track, KNOW ABOUT ME, from their fourth EP, Fe3O4: FORWARD. The highly anticipated video dropped on March 17, 2025, showcasing the group’s signature MIXX POP style—a blend of multiple genres that has captivated fans worldwide since their debut in 202216. The… Read more: NMIXX’s ‘KNOW ABOUT ME’ Music Video Release and Upcoming Fan Events
- IVE Wonyoung Shines on DAZED Korea April 2025 Cover in Iconic Miu Miu StyleIVE’s Wonyoung has once again captured the spotlight, gracing the cover of DAZED Korea‘s April 2025 issue in collaboration with luxury fashion brand Miu Miu. The young idol, known for her elegance and versatility, effortlessly embodies the brand’s chic yet playful aesthetic, making this cover a standout moment in her burgeoning career. The cover shoot showcases Wonyoung adorned in signature Miu… Read more: IVE Wonyoung Shines on DAZED Korea April 2025 Cover in Iconic Miu Miu Style
- TXT Takes Center Stage: Unveiling the April 2025 Issue of GQ KoreaPhoto Credits: GQ KoreaBigHit MusicVirgin Music (Japan)Republic Records (US) In the vibrant world of K-pop, few groups have captured the hearts of fans as swiftly as TOMORROW X TOGETHER, affectionately known as TXT. This talented quintet has been making waves globally with their unique sound and captivating performances. Recently, they have taken their charm to the pages of GQ Korea, gracing the… Read more: TXT Takes Center Stage: Unveiling the April 2025 Issue of GQ Korea
- JUNGBI : DiaryJUNGBI is a solid ballad indie pop EP that presents everything you need to know about her but there could be more variety Written by Chris P for Korean Indie.
Learn People & History of Korea
- The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan CityAncient Beginnings: The Founding of Busan Busan, known as the second largest metropolitan city in South Korea, has a rich history that dates back to ancient times. The earliest recorded existence of Busan can be traced to the Goryeo Dynasty, where it was referenced as a vital coastal settlement. Its strategic location along the southeastern coast of the Korean Peninsula… Read more: The Evolution of Busan: A Historical Journey Through South Korea’s Second Largest Metropolitan City
- The Evolution of Pyongyang: A Journey Through History, Economy, and Political DynamicsIntroduction to Pyongyang Pyongyang, the capital city of North Korea, serves as a prominent symbol of the nation’s history and culture. Geographically located on the banks of the Taedong River, in the southwest part of the country, Pyongyang is situated within a strategic area that has historically facilitated trade and cultural exchange. The city’s origins can be traced back to… Read more: The Evolution of Pyongyang: A Journey Through History, Economy, and Political Dynamics
- The Evolution of Seoul: From Ancient Korea to Modern Metropolis and BeyondAncient Beginnings: The Founding of Seoul The city of Seoul, known today as the vibrant capital of South Korea, has ancient roots that trace back to the Three Kingdoms period of Korea, specifically the kingdoms of Baekje and Silla. Evidence suggests that Seoul was originally established as a settlement given its strategic geographical advantages. Nestled within the Han River basin,… Read more: The Evolution of Seoul: From Ancient Korea to Modern Metropolis and Beyond
- 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
