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Latest News from Korea
- Shinhan REITs picked as sole bidder for BNK Digital Tower
BNK Digital Tower Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in affluent Gangnam, southern Seoul, after offering about 457 billion won ($311.4 million). According to sources in the investment banking industry on Thursday, BNK Asset Management Co. has chosen the real estate investment firm wholly owned by Shihan Financial Group Co. as the preferred… Read more: Shinhan REITs picked as sole bidder for BNK Digital Tower - Korea eyes laws akin to US AMPC to offer subsidies for its battery makersEV battery system platform Ultium, jointly developed by LG and GM South Korea, home to the world’s leading battery makers such as LG Energy Solution Ltd., SK On Co. and Samsung SDI Co., is seeking to enact laws to lay the legal groundwork for offering subsidies to its battery makers. According to industry sources on Thursday, lawmakers are working on… Read more: Korea eyes laws akin to US AMPC to offer subsidies for its battery makers
- LG Electronics restarts home appliance plant in RussiaLG Electronics’ built-in home appliance product line-up LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling a return of South Korea’s companies to the market after nearly three years. Its archrival Samsung Electronics Co. is ramping up marketing activities in Moscow as it prepares to bring… Read more: LG Electronics restarts home appliance plant in Russia
- Hanwha Aerospace plans record $2.5 bn rights offer for plant expansionPrototype of Hanwha Aerospace’s advanced aircraft engine Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through a rights offering to expand its global weapons and maritime production plants and purchase stakes in related facilities. The defense affiliate of Korea’s chemicals-to-defense conglomerate Hanwha Group said in… Read more: Hanwha Aerospace plans record $2.5 bn rights offer for plant expansion
- Hana Financial CEO set for reappointment with foreign investor backingHam Young-joo, chairman and CEO of Hana Financial Group More than half of foreign shareholders in Hana Financial Group have thrown their support behind Chief Executive Ham Young-joo for a second term, marking a stark reversal from two years ago when a majority of them voted against him. According to financial industry sources on Thursday, pre-vote tallies from the Korea… Read more: Hana Financial CEO set for reappointment with foreign investor backing
Latest Entertainment from Korea
- Short Stuff 51 : MXNX SLXXP, ieun ieun, Chaeryim, Gogiminn, imDumberThanYou, Pictoria VarkA nice set of new music highlighting a sample of genres along with previews of some potentially new classics Written by Chris P for Korean Indie.
- KiiiKiii Shines on 10 Magazine USA Digital Cover: A Pre-Debut Fashion TriumphPhoto Credits: Starship Entertainment 10 Magaazine USA KiiiKiii, the highly anticipated new K-pop group under Genji Mi, has already made waves in the global fashion and music scenes before their official debut. The group, composed of members Jiyu, Isol, Sui, Haum, and Kiya, recently graced the digital cover of 10 Magazine USA‘s Issue 04, captivating audiences with their unique style and… Read more: KiiiKiii Shines on 10 Magazine USA Digital Cover: A Pre-Debut Fashion Triumph
- Asadal (아사달) : SHOW!Asadal intro themselves with a high-energy single but then wander around without a clear direction for the listener Written by Chris P for Korean Indie.
- BIBI Brings ‘EVE’ to New Zealand: Get Ready for a Night of Genre-Blending Music in Auckland This October 2025!Photo Credits: Feel Ghood Music. Information Credit: Live Nation NZ South Korean sensation BIBI is set to captivate audiences in New Zealand as part of her highly anticipated 2025 world tour, titled “EVE.” This marks a significant milestone for the singer, rapper, songwriter, and actress, as it is her first-ever global outing since her debut in 2019. The tour, which… Read more: BIBI Brings ‘EVE’ to New Zealand: Get Ready for a Night of Genre-Blending Music in Auckland This October 2025!
- Humming Instinct : Self-destructing Endangered SpeciesHumming Instinct is good at what they do and they have fun while they do it Written by Ashley J Chong 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
