CLO Virtual Fashion raises $35 mn

Latest News from Korea

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  Celltrion’s 4 new biosimilars win EU approval recommendationDecember 16, 2024
  A bird’s-eye view of Celltrion’s Songdo campus in Incheon, South Korea Celltrion Inc. is a step closer to commercializing its four new biosimilars in Europe after a committee of the European Medicines Agency (EMA) recommended approval for the drugs. The biosimilars, once approved, will expand its portfolio to 11 products by 2025 as planned. The South Korean biosimilar maker said… Read more: Celltrion’s 4 new biosimilars win EU approval recommendation
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  CLO Virtual Fashion raises $35 mnDecember 16, 2024
  South Korea’s 3D digital fashion solution startup CLO Virtual Fashion said on Monday it raised 50 billion won ($35 million). Atinum Investment Co. and IMM Investment participated in this fundraising.  CLO Virtual Fashion is a company that designs costumes in digital space based on 3D clothing simulation algorithms and provides services for managing designed clothing. This startup operates CLO and… Read more: CLO Virtual Fashion raises $35 mn
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  Korean’s yen savings fall on profit-taking despite BOJ rate hike viewsDecember 16, 2024
  Stacks of 10,000-yen-bill bundles at Hana Bank headquarters in Seoul (File photo by News1) Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanese unit’s strength against the won on expectations that the Bank of Japan may raise interest rates. The balance of yen savings at South Korean banks slid… Read more: Korean’s yen savings fall on profit-taking despite BOJ rate hike views
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  Leonardo’s Coulter named Hanwha Aerospace’s 1st foreign global chiefDecember 16, 2024
  Michael Coulter, former Leonardo DRS International president, now heads Hanwha Aerospace’s global defense business (Courtesy of Leonardo DRS) Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Italian defense firm Leonardo DRS, as its global defense business chief. Hanwha Aerospace, the aircraft engine-making unit of Hanwha… Read more: Leonardo’s Coulter named Hanwha Aerospace’s 1st foreign global chief
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  Seoul probes fake SNS accounts of Hyundai Motor advisor Sung KimDecember 16, 2024
  Hyundai Motor Group Chairman Chung Euisun (second from right), Hyundai Motor advisor Sung Kim (far right) (Source: Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto’s Facebook) The Seoul Metropolitan Police Agency has launched an investigation into social networking service (SNS) accounts pretending to be Hyundai Motor Group’s advisor Sung Kim, some of which were allegedly used to extract personal information,… Read more: Seoul probes fake SNS accounts of Hyundai Motor advisor Sung Kim

Latest Entertainment from Korea

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  K-pop Rising Stars Ferry Blue Set to Captivate Fans with New Release “Love Again”December 16, 2024
  K-pop Rising Stars Ferry Blue Set to Captivate Fans with New Release “Love Again”Ferry Blue, the dynamic South Korean girl group, is creating buzz with their upcoming comeback through the highly anticipated single “Love Again”. The group, currently consisting of six talented members – Dozin, Xiho, Hyeyoung, Hyeonji, Seona, and Seul – has been generating excitement with their recent teaser… Read more: K-pop Rising Stars Ferry Blue Set to Captivate Fans with New Release “Love Again”
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  K-pop Sensation GFRIEND Reunites for Emotional 10th Anniversary ComebackDecember 15, 2024
  In an exciting turn of events for K-pop fans, GFRIEND is set to make a heartwarming return with their special album “Season of Memories,” marking a milestone reunion four years after their disbandment. The group, which originally disbanded in 2021, will release their pre-release track on January 6 and the full album on January 13, 2024. A Nostalgic Journey The comeback… Read more: K-pop Sensation GFRIEND Reunites for Emotional 10th Anniversary Comeback
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  K-pop Sensation BABYMONSTER Announces Groundbreaking First US TourDecember 14, 2024
  YG Entertainment’s rising girl group BABYMONSTER is set to make history with their first international tour, “Hello Monsters”, bringing their electrifying performances to North American fans in 2025. The tour, which kicks off in Seoul on January 25th, will feature two highly anticipated US stops: the Prudential Center in Newark, NJ on February 28th, and the iconic Kia Forum in… Read more: K-pop Sensation BABYMONSTER Announces Groundbreaking First US Tour
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  Festive Fashion Alert: ATEEZ’s Mingi Announced as Calvin Klein’s Holiday Ambassador!December 14, 2024
  ATEEZ’s Mingi has officially been announced as the newest face of Calvin Klein’s Holiday 2024 collection, sending waves of excitement through the K-pop community, especially among young fans. This partnership marks a significant milestone for both Mingi and the brand, as it represents the first-ever brand campaign featuring a member of ATEEZ. Mingi, known for his captivating visuals and powerful… Read more: Festive Fashion Alert: ATEEZ’s Mingi Announced as Calvin Klein’s Holiday Ambassador!
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  NCT’s Mark Set to Release Highly Anticipated Single “Fraktsiya” Featuring Lee Young-jiDecember 14, 2024
  K-pop fans, get ready for an electrifying collaboration as NCT’s Mark gears up to drop his latest single “프락치 (Fraktsiya)” featuring the talented rapper Lee Young-ji. The track is scheduled for release on December 16, 2024, at 6 PM KST, and anticipation is building among fans worldwide. Mark, known for his versatility as a rapper, singer, and dancer, has been… Read more: NCT’s Mark Set to Release Highly Anticipated Single “Fraktsiya” Featuring Lee Young-ji

Learn People & History of Korea

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  The Rise and Fall of Martial Law and Dictatorships in Korea: A Tale of People’s PowerDecember 5, 2024
  Introduction to Martial Law in Korea Martial law is a legal framework that enables the government to assume control and maintain order in times of crisis or emergency. It typically involves the suspension of ordinary law and the imposition of military authority over civilian governance. In Korea, the imposition of martial law has been a significant historical phenomenon, especially during… Read more: The Rise and Fall of Martial Law and Dictatorships in Korea: A Tale of People’s Power
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  The Evolution of Korean Democracy: A Journey Through Suppression and ResistanceDecember 3, 2024
  Ancient Foundations of Korean Governance The early governance systems of Korea can be traced back to ancient states such as Gojoseon and the subsequent Three Kingdoms period, which laid a significant foundation for Korean democracy. Gojoseon, established around 2333 BCE, is recognized as the first Korean kingdom. Its political structure was characterized by a centralized governance system governed by a… Read more: The Evolution of Korean Democracy: A Journey Through Suppression and Resistance
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  The Influence of China and Japan in Modern Korean HistoryNovember 26, 2024
  Introduction The Korean Peninsula, situated at the northeastern edge of the Asian continent, has historically occupied a pivotal geographic position in East Asia. Bordered by China to the northwest and Japan to the east, Korea has long been a crossroads of cultural and political exchanges. This unique location has contributed to the complex interplay of influences it has experienced from… Read more: The Influence of China and Japan in Modern Korean History
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  A Journey Through Time: The History of Korean ArtOctober 13, 2024
  Introduction to Korean Art Korean art, a vital reflection of the nation’s rich heritage and cultural evolution, holds a unique place within the broader tapestry of East Asian art forms. Distinguished by its innovative spirit and aesthetic principles, Korean art dates back thousands of years, offering insights into the historical context and socio-political dynamics of the region. As both a… Read more: A Journey Through Time: The History of Korean Art
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  A South Korean soldier forcibly cuts a young man’s hair in front of others during a nationwide crackdown on men with long hair and women wearing short skirts in South Korea – 1970sOctober 12, 2024
  This was during the Fourth Republic of South Korea. The President Park Chung-hee was declared dictator of South Korea for 18 years until he was assassinated and replaced in a coup-de-etat for about 3 years. I’ll post some links about it: https://en.wikipedia.org/wiki/Fourth_Republic_of_Korea https://en.wikipedia.org/wiki/Park_Chung-hee https://en.wikipedia.org/wiki/Assassination_of_Park_Chung-hee submitted by /u/goodhot0006 [link] [comments]