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Latest News from Korea
- Samsung Life mulls putting Samsung Fire under its wing as subsidiary
Samsung Life Insurance’s headquarters in Seoul Samsung Life Insurance Co., South Korea’s largest life insurer, is considering putting Samsung Fire & Marine Insurance Co., the country’s No. 1 non-life insurance firm, under its wing as a subsidiary. According to industry sources on Tuesday, Samsung Life recently reported its plan to two financial regulatory bodies – the Financial Services Commission and… Read more: Samsung Life mulls putting Samsung Fire under its wing as subsidiary - OpenAI, SoftBank tap Samsung for Stargate AI initiativeSoftBank Chairman and CEO Masayoshi Son (left) and OpenAI CEO Sam Altman attend a talk session in Tokyo on February 3, 2025 (Courtesy of Yonhap) Samsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration for the Stargate AI initiative with OpenAI co-founder and CEO Sam Altman and SoftBank CEO Masayoshi Son on Tuesday, said Son. At Samsung’s headquarters in Seocho-gu,… Read more: OpenAI, SoftBank tap Samsung for Stargate AI initiative
- Korea’s beauty retailer CJ Olive Young to open first US offline outletA CJ Olive Young outlet in Seoul CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Angeles, California, to enhance its presence in the world’s largest beauty products market. The franchise operator, a unit of food-to-entertainment conglomerate CJ Group, said it also plans to soon open its… Read more: Korea’s beauty retailer CJ Olive Young to open first US offline outlet
- POSCO seeks $1 bn restructuring amid weak steel, battery materials sectorsPOSCO’s steel mill in Pohang, South Korea (File photo) South Korea’s POCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) as part of a restructuring as it suffered a nearly 40% drop in profit due to sluggish steel and battery materials businesses. POSCO Holdings, the parent of… Read more: POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors
- Korean financial holding firms log record-high profits in 2024Kookmin Bank’s branch in Yeouido South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest income after they raised lending rates despite the Bank of Korea’s interest rate cuts. Net profits at the four holding companies – KB Financial Group, Shinhan Financial Group, Hana Financial Group and Woori Financial… Read more: Korean financial holding firms log record-high profits in 2024
Latest Entertainment from Korea
- BLACKPINK’s JISOO’s Electrifying Asian Tour Kicks Off in TokyoK-pop sensation JISOO, a member of the globally acclaimed group BLACKPINK, is set to dazzle fans with her solo debut tour “LIGHTS, LOVE, ACTION!” The tour will make a highly anticipated stop in Tokyo, Japan, with two electrifying performances scheduled at the prestigious Saitama Super Arena on March 17 and 18, 2025. Fans of the talented artist can mark their… Read more: BLACKPINK’s JISOO’s Electrifying Asian Tour Kicks Off in Tokyo
- Watersports J : For Slower LearnersWatersports J’s For Slow Learners is best experienced cold so don’t have any expectations and you’ll enjoy the journey Written by Chris P for Korean Indie.
- I:MOND Dazzles in Concept Photos for Upcoming Mini-Album “Under My”K-pop sensation I:MOND is set to captivate fans with their highly anticipated 1st mini-album, “Under My,” scheduled for release on February 14, 2025. The girl group, known for their unique blend of talent and charm, has unveiled stunning concept photos that showcase their versatility and artistic growth. The concept photos for “Under My” reveal a mesmerizing aesthetic, with the members… Read more: I:MOND Dazzles in Concept Photos for Upcoming Mini-Album “Under My”
- IVE’s Wonyoung Shines in Cosmopolitan Korea’s February Issue with Hapa Kristin CollaborationIVE’s Wonyoung has once again captivated fans with her stunning appearance on the cover of Cosmopolitan Korea’s February 2025 issue, featuring a collaboration with Hapa Kristin. The digital issue not only showcases Wonyoung’s beauty but also highlights her versatility as a model. In the pictorial preview, Wonyoung is seen sporting a striking blonde hairstyle, which has garnered significant attention from… Read more: IVE’s Wonyoung Shines in Cosmopolitan Korea’s February Issue with Hapa Kristin Collaboration
- Cha Eun Woo Captivates Fans with Elegant Pictorial in ELLE Korea’s February IssueCha Eun Woo, the charismatic member of the popular K-pop group ASTRO, has once again stolen the spotlight with his stunning appearance on the cover of ELLE Korea’s February 2025 issue. In this latest pictorial, Eun Woo exudes effortless elegance, showcasing a refined yet approachable style that has captivated both domestic and international fans. Sporting a chic and minimalist look,… Read more: Cha Eun Woo Captivates Fans with Elegant Pictorial in ELLE Korea’s February Issue
Learn People & History of Korea
- 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
- The Resilience of the Korean Economy Through Global CrisesIntroduction 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
- The Journey of Korean Immigrants: A History & Trends Outside the United States
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 - The Journey of Korean Immigrants: Celebrating Korean American DayIntroduction 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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