Hankook Tire to supply tires to Mercedes-AMG for first time

Latest News from Korea

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  Samsung Heavy wins $264 mn order for LNGCJanuary 21, 2025
  South Korea’s shipbuilder Samsung Heavy Industries said on Monday it won 379.6 billion won ($264 million) for one unit of liquefied natural gas (LNG) carriers from an Oceania shipping company. This is the company’s first order of 2025. The LNG carrier will be delivered by June 2027.  According to shipbuilding market research firm Clarkson Research, the average price of LNG… Read more: Samsung Heavy wins $264 mn order for LNGC
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  Hanwha Aerospace nears $276 million K9 howitzer deal with VietnamJanuary 20, 2025
  Hanwha Aerospace unveils the latest model of its K9 self-propelled howitzer, the K9A2, on Sept. 12, 2023 South Korea’s Hanwha Aerospace Co. is close to sign a 400 billion won ($276 million) deal to export as many as 30 units of the K9 Thunder self-propelled howitzers to Vietnam, industry sources said on Monday. Hanwha is in the final stages of… Read more: Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam
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  MBK’s ByungJu Kim, UBS’ Kyungin Lee: Most influential in capital marketJanuary 20, 2025
  Michael ByungJu Kim (left), co-founder, partner and chairman of MBK Partners and Kyungin David Lee, UBS Group vice chair for Asia Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Group AG’s vice chair for Asia and head of global banking for South Korea, have been chosen as… Read more: MBK’s ByungJu Kim, UBS’ Kyungin Lee: Most influential in capital market
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  IMM PE exits Woori Financial with double-digit returnJanuary 20, 2025
  Woori Financial Group headquarters in Seoul IMM Private Equity has divested its remaining 1.38% stake in Woori Financial Group for 166.4 billion won ($115 million), exiting the South Korean financial holding company nine years after its investment. The Seoul-based private equity firm sold 10,261,893 shares in Woori in a block deal on Jan. 9 at 16,218 won per share, according… Read more: IMM PE exits Woori Financial with double-digit return
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  BOK lowers growth forecasts to bolster rate cut expectationsJanuary 20, 2025
  President Yoon Suk Yeol is taken to the Seoul Detention Center after being questioned at the Corruption Investigation Office for High-ranking Officials on Jan. 15, 2025 over his martial law declaration (File photo by Yonhap) South Korea’s central bank slashed its economic growth forecasts on Monday, adding to views that the monetary authority will cut interest rates to revive Asia’s… Read more: BOK lowers growth forecasts to bolster rate cut expectations

Latest Entertainment from Korea

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  K-pop Sensation ZEROBASEONE Collaborates with Horror Manga Legend for New SingleJanuary 20, 2025
  In an unexpected twist that’s sending ripples through the K-pop and manga communities alike, rising boy group ZEROBASEONE (ZB1) has teamed up with renowned Japanese horror manga artist Junji Ito for their latest musical endeavor. The group’s upcoming pre-release single, “Doctor! Doctor!”, set to drop on January 20, 2025, at 6 PM KST, features a digital cover that’s as haunting… Read more: K-pop Sensation ZEROBASEONE Collaborates with Horror Manga Legend for New Single
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  Rosé Radiates Elegance and Artistry in GQ Korea’s February 2025 Cover StoryJanuary 20, 2025
  BLACKPINK’s Rosé graces the cover of GQ Korea’s February 2025 issue, captivating fans with her stunning photoshoot and introspective interview. The 27-year-old global superstar showcases her evolving artistic vision through a mesmerizing pictorial that highlights her unique blend of music and fashion. Photographed by Kim Hee June, the spread features Rosé in select pieces from Saint Laurent by Anthony Vaccarello,… Read more: Rosé Radiates Elegance and Artistry in GQ Korea’s February 2025 Cover Story
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  Dreamy Frames: Hyeri Shines in Marie Claire’s Latest PictorialJanuary 18, 2025
  In the latest edition of Marie Claire Korea’s January 2025 issue, K-pop idol and actress Hyeri from the popular girl group Girl’s Day has taken center stage with a breathtaking pictorial that showcases her undeniable charm and evolving artistic presence. The stunning photoshoot, which appears to have been partially captured during a trip to the Philippines, highlights Hyeri’s remarkable photogenic… Read more: Dreamy Frames: Hyeri Shines in Marie Claire’s Latest Pictorial
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  ZEROBASEONE’s Zhang Hao Dazzles in SuperELLE China’s January 2025 IssueJanuary 17, 2025
  Rising star Zhang Hao of K-pop group ZEROBASEONE (ZB1) has captivated fans and fashion enthusiasts alike with his stunning appearance on the cover of SuperELLE China’s January 2025 issue. The versatile artist showcases his magnetic presence and evolving style in a series of captivating images that blend modern sophistication with youthful energy. The magazine spread highlights Zhang Hao’s versatility, featuring… Read more: ZEROBASEONE’s Zhang Hao Dazzles in SuperELLE China’s January 2025 Issue
• orange flavored cigarettes : table #2January 17, 2025
  orange flavored cigarettes were most active during 2022 with multiple singles and their EP, life goes on. 2023 only had one single before the band released table #2, their second EP. There’s an underlying switch in the energy that orange flavored cigarettes present on this new release but still retain the core of the band’s […] Written by Chris P… Read more: orange flavored cigarettes : table #2

Learn People & History of Korea

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  The Resilience of the Korean Economy Through Global CrisesJanuary 14, 2025
  Introduction to the Korean Economy The Korean economy has undergone a remarkable transformation since the end of the Korean War in 1953. Initially characterized by widespread destruction and poverty, the economy has evolved into one of the world’s most dynamic and resilient economies. The foundational stages of its development hinged on a series of strategic policies aiming at industrialization and… Read more: The Resilience of the Korean Economy Through Global Crises
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  The Journey of Korean Immigrants: A History & Trends Outside the United StatesJanuary 14, 2025
  Introduction to Korean Immigration Korean immigration has a rich and complex history that dates back to the late 19th century. The earliest significant wave of Korean migrants occurred during the 1900s, primarily driven by the socioeconomic upheaval and the political circumstances of the time. With Korea under Japanese colonial rule from 1910 to 1945, many Koreans sought refuge and opportunities… Read more: The Journey of Korean Immigrants: A History & Trends Outside the United States
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  The Journey of Korean Immigrants: Celebrating Korean American DayJanuary 14, 2025
  Introduction to Korean Immigration The history of Korean immigration is marked by significant waves of migration driven by various socio-economic and political factors. The first substantial wave can be traced back to the early 20th century, particularly between 1903 and 1905, when numerous Koreans left their homeland for the United States, primarily seeking better economic opportunities and escaping the oppressive… Read more: The Journey of Korean Immigrants: Celebrating Korean American Day
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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