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Latest News from Korea
- BlackRock nets 70% gain from Korean chip, financial stocks
The BlackRock logo is seen outside of its offices in New York City (Courtesy of Reuters via Yonhap) BlackRock Inc. has scored big in South Korea’s equity market, booking estimated gains of almost 70% on its Korean portfolio built around long-term bets on the country’s top semiconductor and financial stocks. According to the Korea Economic Daily’s analysis on Wednesday, BlackRock’s… Read more: BlackRock nets 70% gain from Korean chip, financial stocks - MBK issues public apology over Homeplus fiasco, pledges extra capital injectionMichael ByungJu Kim, founder and chairman of MBK Partners MBK Partners, a North Asia-focused private equity firm, on Wednesday issued a public apology over the financial crunch at Homeplus Co., saying it failed to fulfill social responsibility for the South Korean hypermarket chain. The rare apology from a private equity firm came six months after Homeplus, in which MBK is… Read more: MBK issues public apology over Homeplus fiasco, pledges extra capital injection
- Korea, China, Japan’s drastic ethylene capacity cut boosts hope for industry reboundAn LG Chem petrochemical plant in Korea East Asia’s petrochemical industry is entering its largest restructuring in decades, with planned closures of aging naphtha cracking facilities in China, Japan and South Korea expected to remove more than 13 million tons of ethylene capacity by 2027. The long-awaited shakeout could finally restore balance to a sector that has been battling overcapacity… Read more: Korea, China, Japan’s drastic ethylene capacity cut boosts hope for industry rebound
- CJ CGV ends 15-year US multiplex run with Los Angeles closure(Courtesy of Yonhap) CJ CGV Co., South Korea’s largest cinema chain operator, has shut its last US theater in Los Angeles, ending a 15-year run in North America as mounting losses and the intensifying streaming competition have forced it to retreat from the world’s most competitive movie market. The multiplex in Koreatown screened its final films on Sept. 21, according… Read more: CJ CGV ends 15-year US multiplex run with Los Angeles closure
- IMF warns of long-term spending pressures in Korea, urges structural reformsRahul Anand (fourth from left), the IMF’s mission chief for South Korea, speaks at a press briefing following annual consultations with South Korean government officials during his Sept. 11-24 visit to Korea South Korea’s accommodative fiscal and monetary policies, including a sharp budget increase in 2026, is considered appropriate to boost private consumption in the near term, a senior official… Read more: IMF warns of long-term spending pressures in Korea, urges structural reforms
Latest Entertainment from Korea
- Cosmosy Radiates Romantic Flair in “Princess=Kiss” with Dream like CharmPhoto Credits: NTT Docomo Studio & Live. Sony Music Japan Cosmosy’s launch into the music scene with “Princess=Kiss” has sparked a gentle but growing wave of excitement among K-pop and J-pop fans, many of whom are drawn to the group’s unique blend of fantasy-rich concepts and soft romantic imagery. The song and its music video are being praised for the… Read more: Cosmosy Radiates Romantic Flair in “Princess=Kiss” with Dream like Charm
- Hearts2Hearts ‘Pretty Please’: A Nostalgic R&B Gem Bridging K-pop’s Past and PresentPhoto/ Video Credits: SM Entertainment Hearts2Hearts’ “Pretty Please” delivers a nostalgic yet fresh listening experience that beautifully blends classic SM Entertainment vibes with a contemporary R&B-pop sound. The track stands out for its ethereal vocal layering and mid-tempo rhythm that feels simultaneously soothing and vibrant. While the song evokes memories of legendary first-generation SM girl groups, it also carves its… Read more: Hearts2Hearts ‘Pretty Please’: A Nostalgic R&B Gem Bridging K-pop’s Past and Present
- SEVENTEEN’s S.Coups and Mingyu stun CARATs with bold streetwear-meets-luxury style in HYPEBEAST Platinum Issue pictorial previewPhoto Credits: HYPEBEAST. Pledis Entertainment S.Coups and Mingyu of SEVENTEEN are once again capturing hearts, this time through the lens of HYPEBEAST Issue 36: The Platinum Issue. The preview of their pictorial has set CARATs buzzing with excitement, eager to see their idols not just as stage performers but as undeniable fashion icons. Known for their incredible energy on stage,… Read more: SEVENTEEN’s S.Coups and Mingyu stun CARATs with bold streetwear-meets-luxury style in HYPEBEAST Platinum Issue pictorial preview
- Red Velvet’s Wendy Defines Modern Elegance in Striking GQ Korea October 2025 Pictorial Blending Power, Style, and Timeless GracePhoto Credits: GQ Korea. SM Entertainment Red Velvet’s Wendy delivers another breathtaking moment in the pages of GQ Korea’s October 2025 issue, where her style evolution blends elegance with modern boldness. Known for her vocal power and relatable warmth on stage, Wendy steps into this pictorial with a refined sophistication that highlights both her individuality and fashion sensibility. Every frame… Read more: Red Velvet’s Wendy Defines Modern Elegance in Striking GQ Korea October 2025 Pictorial Blending Power, Style, and Timeless Grace
- Seventeen DK Redefines Classic Elegance in GQ Taiwan’s October 2025 Polo Ralph Lauren Pictorial and Exclusive Cover FeaturePhoto Credits: GQ Taiwan Polo Ralph Lauren. Pledis Entertainment Seventeen’s DK makes a bold entrance on the October 2025 cover of GQ Taiwan, unveiling a captivating pictorial laced with Polo Ralph Lauren’s elegantly tailored pieces. Set against classic backdrops, DK showcases the label’s finest—think structured navy blazers with gold crest buttons, cable-knit ivory sweaters, crisp Oxford shirts layered beneath tailored… Read more: Seventeen DK Redefines Classic Elegance in GQ Taiwan’s October 2025 Polo Ralph Lauren Pictorial and Exclusive Cover Feature
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
