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Latest News from Korea
- Kakao Entertainment scraps IPO; seeks new buyer
Kakao installs an outdoor billboard for Kakao Webtoon in Thailand (Courtesy of Kakao Entertainment) Kakao Corp., South Korea’s largest mobile platform, is looking to sell a majority stake in Kakao Entertainment Corp., dropping a plan to take it public following the sharp downturn in stock markets, according to investment banking sources on Tuesday. In a recent letter to Kakao Entertainment’s… Read more: Kakao Entertainment scraps IPO; seeks new buyer - SK Group in talks with Hahn & Co. to sell SK SiltronSK SIltron employees inspect silicon wafers SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s solo silicon wafer manufacturer, for around 3 trillion won ($2 billion), according to investment banking sources on Tuesday. The deal is part of SK Group’s series of… Read more: SK Group in talks with Hahn & Co. to sell SK Siltron
- Hanwha Aerospace slashes planned rights offering size to $1.6 billionHanwha Group’s headquarters Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 trillion won ($1.6 billion) from 3.6 trillion won, with the remaining 1.3 trillion won to be covered through a third-party allotment involving affiliates. The defense affiliate of Korea’s chemicals-to-defense conglomerate Hanwha Group… Read more: Hanwha Aerospace slashes planned rights offering size to $1.6 billion
- IFEZ posts 2nd-highest FDI performance with $309.6 million in Q1A panoramic view of the Songdo 11th District, South Korea’s biotechnology industry hub (Courtesy of IFEZ) The Incheon Free Economic Zone (IFEZ) Authority said on Monday that it attracted $309.6 million in reported foreign direct investment (FDI) in the first quarter, marking its second-highest quarterly performance since its establishment in 2003. The figure represents 51.6% of the authority’s annual target… Read more: IFEZ posts 2nd-highest FDI performance with $309.6 million in Q1
- Stay liquid, be selective; look outside US tech, says TCW CEOKatie Koch, chief executive of TCW, speaks during a recent interview with The Korea Economic Daily Global financial markets are facing rising volatility and uncertainty this year as the US stock market rally led by Big Tech is losing steam amid concerns over high valuations and a slowing economy, said Katie Koch, chief executive of TCW. The Los Angeles-based asset… Read more: Stay liquid, be selective; look outside US tech, says TCW CEO
Latest Entertainment from Korea
- Uigeadail Trace (우거다일 트레이스) : Time’s ReflectionUigeadail Trace have something familiar and new on their first EP and you won’t stop listening once you start Written by Chris P for Korean Indie.
- Short Stuff 53 : yewee, Park Yusu, BOKBAND, JIN25, GANN!E, HwA, The DeepShort Stuff 53 is about artists, new and old, who have distinct sounds and are finding or presenting their signature Written by Chris P for Korean Indie.
- Gogohawk : VOL.07Gogohawk know exactly what type of music they want to create and that shows on this first full length Written by Chris P for Korean Indie.
- Xdinary Heroes’ O.de Stuns in GQ Korea x UGG April 2025 PictorialPhoto Credits: GQ Korea, UGG JYP Entertainment Xdinary Heroes’ O.de is captivating fans in the latest GQ Korea x UGG pictorial preview for the April 2025 issue. As the first member of the band to feature in a solo photoshoot, O.de shines brightly, embodying a blend of edgy charisma and refined style that has become synonymous with his image. The… Read more: Xdinary Heroes’ O.de Stuns in GQ Korea x UGG April 2025 Pictorial
- Eighteen April : VisionsEighteen April’s second full length is another example of how good Korean metalcore is but also how infrequent new music is available Written by Chris P 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
