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Card spending logs nationwide fall after martial law declaration
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Latest News from Korea
- South Korea becomes super-aged society faster than expected
Elderly people inside the Tapgol Park in central Seoul One in five South Koreans is now 65 years old or older as the Asian country is grappling with the demographic challenge of a rapidly aging population and the world’s lowest birthrate. The Ministry of the Interior and Safety said on Tuesday that the country officially joined super-aged nations, with 20%… Read more: South Korea becomes super-aged society faster than expected - POSCO carries out drastic top management reshuffleA blast furnace at POSCO’s steel mill POSCO Group on Monday replaced chief executives of key seven units in a drastic overhaul of the South Korean steel-to-battery materials group to shift its focus to reform from stability. The group also cut executive jobs by 15% to better cope with the flood of cheap Chinese imports and the prolonged slowdown in… Read more: POSCO carries out drastic top management reshuffle
- Korea’s Naver Pay partners with WeChat Pay for mobile payments in ChinaNaver Pay partners with WeChat Pay to offer a QR code mobile payment and digital wallet service in China South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service using QR codes across China. Naver said it is the first Korean company to offer… Read more: Korea’s Naver Pay partners with WeChat Pay for mobile payments in China
- Korea to ease rules for petrochem industry M&As, plant closuresLotte Chemical’s petrochemical complex in Yeosu National Industrial Complex, South Jeolla Province South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global supply glut and overcapacity in China and the Middle East, said the Ministry of Economy and Finance on Monday. The government hopes a relaxtion in the rules to spur their… Read more: Korea to ease rules for petrochem industry M&As, plant closures
- Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bnSK Specialty’s headquarters in Yeongju, North Gyeongsang Province, South Korea (File photo by SK Specialty) South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Specialty Co. at 2.7 trillion won ($1.9 billion), investment banking industry sources said on Monday. SK Inc. signed a deal to sell… Read more: Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
Latest Entertainment from Korea
- Joseon : YOUTHiNASiAJoseon’s YOUTHiNASiA is a great introduction of the band but it’s missing a true cohesive tone that could come with experience Written by Chris P for Korean Indie.
- Trickyneko : Sound of MindTrickyneko returns and delivers a melancholy album that fits the time we live in Written by Chris P for Korean Indie.
- NCT Dream’s Jisung Graces CHIC Magazine’s January 2025 Cover: A Rising Star’s MilestoneNCT Dream’s youngest member Jisung has kicked off 2025 with a stunning magazine cover that’s capturing the attention of K-pop fans worldwide. The talented idol has been selected as the cover star for CHIC Magazine’s January 2025 issue, marking another significant moment in his rapidly evolving career. A Photographic Triumph The cover, which has already generated considerable excitement among fans,… Read more: NCT Dream’s Jisung Graces CHIC Magazine’s January 2025 Cover: A Rising Star’s Milestone
- K-pop Sensation SEVENTEEN Crowned “Top K-pop Touring Artist” at 2024 Billboard Music AwardsGlobal powerhouse SEVENTEEN has achieved a remarkable milestone, securing their first-ever Billboard Music Award for “Top K-pop Touring Artist” at the 2024 ceremony. This prestigious accolade recognizes the group’s outstanding success in live performances and touring over the past year. Understanding Billboard Boxscore Billboard Boxscore is a comprehensive system that tracks and reports on concert and tour data, including ticket sales,… Read more: K-pop Sensation SEVENTEEN Crowned “Top K-pop Touring Artist” at 2024 Billboard Music Awards
- IU Crowned Billboard Korea’s No. 1 Artist of the Year: A Look at Her Remarkable JourneyImage Credit: Buy The Flag On Amazon Here. All Rights are with EDAM Entertainment. South Korean singer-songwriter and actress IU has been named Billboard Korea’s No. 1 Artist of the Year, a title that cements her status as one of the most influential and beloved figures in the K-pop industry. Known for her versatility, heartfelt lyrics, and unmatched vocal talent,… Read more: IU Crowned Billboard Korea’s No. 1 Artist of the Year: A Look at Her Remarkable Journey
Learn People & History of Korea
- The Rise and Fall of Martial Law and Dictatorships in Korea: A Tale of People’s PowerIntroduction 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
- The Evolution of Korean Democracy: A Journey Through Suppression and ResistanceAncient 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
- The Influence of China and Japan in Modern Korean HistoryIntroduction 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
- A Journey Through Time: The History of Korean Art
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 - 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 – 1970sThis 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]
