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Today’s fortune: Nov. 27, 2024
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Latest News from Korea
- CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing
CJ ENM’s headquarters in Seoul South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 million) in Wavve, an over-the-top (OTT) streaming platform operated by Korea’s top mobile carrier SK Telecom Co. Analysts said the move is part of the two firms’ strategic plan to accelerate a… Read more: CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing - Hyundai Motor to buy back $720 mn in sharesJosé Muñoz, Hyundai Motor’s global chief operating officer, will take over as CEO in January 2025 Hyundai Motor Co. said on Wednesday it will buy back 1 trillion won ($720 million) in shares in line with the government campaign to unlock corporate value with shareholder-friendly measures. Starting on Nov. 28, the country’s largest carmaker will buy back 3,906,545 common shares… Read more: Hyundai Motor to buy back $720 mn in shares
- HD Hyundai Heavy delivers Aegis destroyer to S.Korean NavySouth Korea’s HD Hyundai Heavy Industries Co. completed and delivered Jeongjo the Great, one of the world’s top-tier Aegis destroyers, to the South Korean Navy. HD Hyundai Heavy announced on Wednesday that it held a delivery signing ceremony at its Ulsan headquarters for the Jeongjo the Great, an 8,200-ton Aegis destroyer (Batch-II). The event was attended by South Korean Navy… Read more: HD Hyundai Heavy delivers Aegis destroyer to S.Korean Navy
- SM’s UK K-pop group Dear Alice to debut with GammaSouth Korea’s SM Entertainment Co. partnered with the US-based music label “Gamma.” to globally debut its first British K-Pop boy group Dear Alice. According to SM Entertainment on Wednesday, its North American joint venture with Kakao Entertainment recently established a strategic partnership with Gamma to support Dear Alice’s global debut and future activities. Through this partnership, Dear Alice will release… Read more: SM’s UK K-pop group Dear Alice to debut with Gamma
- Samsung reshuffles top brass; Co-CEO to directly control memory businessSamsung Vice Chairman and co-CEO Jun Young-hyun will directly control its memory business Samsung Electronics Co., the world’s No. 1 memory chipmaker, on Wednesday reshuffled its leadership in a sweeping move as it faces an uphill battle against rivals such as SK Hynix Inc. and Taiwan Semiconductor Manufacturing Co. The South Korean tech giant appointed Jun Young-hyun, vice chairman and chief… Read more: Samsung reshuffles top brass; Co-CEO to directly control memory business
Latest Entertainment from Korea
- Rolling Quartz Set to Rock the US and Canada with Spring 2025 TourIn an exciting development for K-pop and rock music enthusiasts, the all-female Korean rock band Rolling Quartz has announced that they have signed a contract with Leo Presents for their highly anticipated Spring 2025 United States and Canada Tour. This news is a testament to the band’s growing global influence and their dedication to connecting with fans across the globe.… Read more: Rolling Quartz Set to Rock the US and Canada with Spring 2025 Tour
- Do Not Penguin : Do Not PenguinDo Not Penguin presents a recognizable sound that’s fun and simple but also doesn’t have a lasting impression quite yet Written by Chris P for Korean Indie.
- NewJeans Steals the Spotlight at 25SS Seoul Fashion Week CampaignIn a buzzworthy collaboration that has sent waves through the K-pop and fashion worlds, the popular South Korean girl group NewJeans has been at the forefront of the 25SS Seoul Fashion Week campaign. This exciting venture, which kicked off recently, showcases the group’s versatility and influence beyond the music scene. The Campaign Unveiled On November 26, 2024, fans of NewJeans… Read more: NewJeans Steals the Spotlight at 25SS Seoul Fashion Week Campaign
- NCT WISH Brings Holiday Cheer with “Wishful Winter”In the midst of the festive season, NCT WISH, a subgroup of the popular K-pop group NCT, has unveiled their latest musical offering that is sure to warm the hearts of fans worldwide. On November 27, 2024, NCT WISH released their first Japanese full-length album, WISHFUL, accompanied by the music video for the title track “Wishful Winter.” The Album: A Musical… Read more: NCT WISH Brings Holiday Cheer with “Wishful Winter”
- Red Velvet’s Irene Blooms in Her Solo Debut with “Like A Flower”In a highly anticipated move, Red Velvet’s Irene has finally ventured into the solo music scene with her debut single, “Like A Flower.” This new release has sent waves of excitement through the K-pop community, particularly among young fans who have been eagerly awaiting her solo project. Here’s a deep dive into the lyrics, the inspiration behind the song, and… Read more: Red Velvet’s Irene Blooms in Her Solo Debut with “Like A Flower”
Learn People & History of Korea
- 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]
- Jeong CheolIntroduction to Jeong Cheol Jeong Cheol, a prominent figure in Korean history, emerged during the Joseon Dynasty, which lasted from 1392 to 1910. His life, spanning from 1536 to 1593, encapsulates an era rich in cultural and intellectual development. As a scholar, poet, and government official, Jeong Cheol’s influence was significant, embodying the complexities of Confucian philosophy and its application… Read more: Jeong Cheol
- From War to Miracles: The Evolution of South Korea Amidst Global StrugglesThe End of the Korean War: A Historical Overview The Korean War, which began in 1950, was a significant conflict that arose from the geopolitical tensions following World War II. The war pitted North Korea, backed by the Soviet Union and China, against South Korea, supported by the United States and other United Nations member states. The culmination of this… Read more: From War to Miracles: The Evolution of South Korea Amidst Global Struggles
