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Illegal foreign residents in Korea fall below 400,000 for first time in 4 years after crackdowns
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Latest News from Korea
- LX International seeks to acquire nickel, copper mines in Indonesia
A nickel mine in Madagascar, Africa LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in Indonesia as it expands its battery materials business. During an earnings conference call with analysts earlier on Friday, company executives said it plans to buy an additional… Read more: LX International seeks to acquire nickel, copper mines in Indonesia - US Capital Group raises stake in South Korea’s LS ElectricAn engineer assembles a switchboard at LS Electric’s factory in Utah (File photo by Eui-Myung Park) The Capital Group Companies Inc. increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset manager enjoyed profits from its investments in major firms in Asia’s fourth-largest economy. Capital Group said on Thursday it… Read more: US Capital Group raises stake in South Korea’s LS Electric
- Samsung Biologics shares fly high to rank Korea’s third most valuable stockSamsung Biologics’ booth at the BIO International Convention 2024 held in San Diego (Courtesy of Yonhap) Samsung Biologics Co., the world’s largest contract drugmaker, has become South Korea’s third most valuable stock on the country’s main bourse, buoyed by strong sales growth and the expected windfall gains from the Trump administration’s push for biotechnology to keep China in check. Shares… Read more: Samsung Biologics shares fly high to rank Korea’s third most valuable stock
- Hanwha Systems posts record earnings in 2024 on brisk defense salesHanwha Systems’ multi-function radar (MFR) system used in Cheongung II missiles (Courtesy of Hanwha Systems) Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems in overseas markets. The company announced in a regulatory filing on Friday that its consolidated operating profit in 2024 jumped 79% from… Read more: Hanwha Systems posts record earnings in 2024 on brisk defense sales
- Shinhan Bank reclaims top spot as S.Korea’s leading lenderA branch of Shinhan Bank Vietnam Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender with largest-ever profits in 2024, overtaking its archrival Kookmin Bank. Buoyed by the stellar performance, Shinhan Financial announced plans to buy back and retire shares worth 500 billion won ($345 million), on top of the 150 billion… Read more: Shinhan Bank reclaims top spot as S.Korea’s leading lender
Latest Entertainment from Korea
- Pop Powerhouses Unite: LISA, Doja Cat, and RAYE Redefine Heartbreak in ‘Born Again’ [Music Video]In a dazzling fusion of K-pop, American rap, and British pop, BLACKPINK’s LISA, Doja Cat, and RAYE have joined forces to deliver one of the most anticipated collaborations of 2025. Their single “Born Again,” released on February 7, is already making waves across the music industry, blending vintage glamour with modern pop sensibilities. The track, which originated as a demo… Read more: Pop Powerhouses Unite: LISA, Doja Cat, and RAYE Redefine Heartbreak in ‘Born Again’ [Music Video]
- NCT’s Mark Shines in Polo Ralph Lauren for Arena Homme+ KoreaIn a stunning collaboration that bridges K-pop and high fashion, Mark Lee of NCT graces the cover of Arena Homme+ Korea’s March 2025 issue, showcasing the latest from Polo Ralph Lauren. The Canadian-born rapper and singer, known for his versatility and charisma, brings his signature style to the forefront in this highly anticipated photoshoot. Mark, who has been making waves… Read more: NCT’s Mark Shines in Polo Ralph Lauren for Arena Homme+ Korea
- Coming Home Band : Bathtub MusicComing Home Band is something different, a collaboration between Dhani Song and Livigesh, by creating a mantra of sounds Written by Chris P for Korean Indie.
- ONF Embarks on a Musical Journey with “FIND THE ROUTE” ConceptK-pop sensation ONF is set to captivate fans once again with their upcoming release, “ONF:MY IDENTITY,” the first part of their second full album. The group recently unveiled intriguing concept photos for their “FIND THE ROUTE” version, sparking excitement among their dedicated fanbase. The concept images showcase a darker, more mature side of ONF, featuring a striking chessboard motif that… Read more: ONF Embarks on a Musical Journey with “FIND THE ROUTE” Concept
- Short Stuff 46 : OddSong, Purple Whale, bennysoo, Isosigi, norin, zz_opp, Kim Hyo RinA lot of interesting songs in Short Stuff 46 along with finding artists in bands releasing solo work 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
