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Latest News from Korea
- Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids
The Hyundai Tucson SUV hybrid South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US vehicle sales surge in November, driven by large SUVs, hybrids and premium Genesis cars, putting the duo on course for a record year. The two automaking units of Hyundai Motor Group said on Wednesday their combined US sales reached 154,118 units… Read more: Hyundai, Kia on course for record 2024 US sales, led by SUVs, hybrids - BOK to buy repos to counter martial law-driven market tantrumBOK Governor Rhee Chang-yong speaks after an emergency meeting with the chiefs of FSS and FSC led by the country’s financial minister on Dec. 4, 2024 (Courtesy of News1 Korea) South Korea’s central bank will provide ample liquidity in the country’s financial markets by purchasing repurchase agreements, or repos, as part of efforts to stabilize Asia’s No. 4 economy’s financial… Read more: BOK to buy repos to counter martial law-driven market tantrum
- S.Korea’s foreign reserves amount to $415.4 bn in NovSouth Korea’s official foreign reserves at the end of November amounted to 415.4 billion dollars. According to the Bank Of Korea (BOK) on Wednesday, the nation’s official foreign reserves decreased by $300 million to last month. BOK explained that the operating income generated by foreign currency deposits at financial institutions increased, however, the US dollar translation of assets in other… Read more: S.Korea’s foreign reserves amount to $415.4 bn in Nov
- Celltrion to retire $400 mn treasury stock in JanuaryA bird’s-eye view of Celltrion’s Songdo campus in Incheon, South Korea South Korea’s biosimilar maker Celltrion Inc. on Wednesday announced a plan to retire about a quarter of treasury stock worth 563 billion won ($400 million) in January as it is on course to achive its largest-ever revenue in 2024. Under the plan, it will cancel 3.0 million shares, equivalent… Read more: Celltrion to retire $400 mn treasury stock in January
- Kia vows to drastically raise shareholder returns, hike EV, hybrid salesKia’s compact electric EV3 SUV Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The company also plans to sell more eco-friendly vehicles, including electric cars and hybrid models. Kia – a sister firm of Hyundai Motor Co. and an affiliate of Hyundai Motor Group – said in a regulatory filing… Read more: Kia vows to drastically raise shareholder returns, hike EV, hybrid sales
Latest Entertainment from Korea
- K-Pop Sensation L5ST Set to Release New Single “Free Fall”Exciting news for K-pop enthusiasts! L5ST, the rising boy group, is gearing up for their highly anticipated comeback with their second digital single, “Free Fall.” The group is set to release this new track on December 12, 2024, at 12:00 PM KST, sending waves of excitement through their fanbase, known as Lov3st. The announcement of “Free Fall” comes as a… Read more: K-Pop Sensation L5ST Set to Release New Single “Free Fall”
- Short Stuff 41 : yusuii, 18 Fevers, Hyojin Sun, SORAN BAM, Cultgazer, 1db, sunho, GOOROOMSUN, UINONE, Damons year, Neowa, Kozy&NoisyA lot of singles with a more mellow tone and presentation on Short Stuff 41 but Damons year and Cultgazer stand out this time Written by Chris P for Korean Indie.
- K-Pop Fans, Get Ready for YOUNITE’s Exciting Debut Single Album!YOUNITE is set to make waves in the K-pop scene with their first single album ‘Y’, promising an electrifying musical experience for fans. The group has been building anticipation with a series of captivating teasers that showcase their unique artistic vision. Comeback Details The group officially announced their comeback on November 29 at midnight KST, revealing their debut single album… Read more: K-Pop Fans, Get Ready for YOUNITE’s Exciting Debut Single Album!
- there’s no wifi in the barn by d³ (deep drone dreamer) is an ambient-audiovisual journeythere’s no wifi in the barn by deep drone dreamer (d³) released on November 27, 2024 and serves as a great ambient and drone starter EP Written by Chris P for Korean Indie.
- CLYM : COZY, LEAP, YELL, MAZECLYM takes us indoors with their second album, cranking up the emotional intensity of their songs with colorful solos and sprinkles of ambient sounds Written by Ashley J Chong for Korean Indie.
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
