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Latest News from Korea
- Korean investors abandon savings, stocks for cryptocurrencies
Bithumb customer center Money has rapidly moved to cryptocurrency markets in South Korea amid lower interest rates and lackluster stock prices, which have made investment in bank term deposits and stocks less appealing. According to The Korea Economic Daily’s analysis of Korea’s Financial Supervisory Service’s deposit data of Korean crypto exchanges on Monday, total fund deposits with the country’s top… Read more: Korean investors abandon savings, stocks for cryptocurrencies - Middle East: New land of opportunity for Korean medical devicesArab Health conference in January 2024 South Korea is making inroads into the Middle East’s medical device market dominated by the US and Europe, aiming to leverage the region’s strong purchasing power and big investments in building digital hospital infrastructure. Korean developers of disease treatment, diagnostics and medical aesthetic devices are capitalizing on the global popularity of Korean culture and… Read more: Middle East: New land of opportunity for Korean medical devices
- SK Hynix’s HBM exports plummet, now susceptible to seasonal demandExports of SK Hynix Inc.’s multi-chip packages (MCP), including high-bandwidth memory (HBM) AI chips, are rapidly dropping as the South Korean chipmaker faces growing competition against its rivals amid a global economic slowdown. According to the KED Aicel, a Korean alternative data platform, on Monday, SK Hynix’s MCP exports from its chip plants in Icheon and Cheongju reached $1.29 billion… Read more: SK Hynix’s HBM exports plummet, now susceptible to seasonal demand
- Small firms become prime targets of management disputes in Korea(Courtesy of Getty Images) Small and medium-sized enterprises (SMEs) accounted for the majority of disputes over corporate management control in South Korea last year, with the number of cases up 18.4% from the year prior, according to the Korea Chamber of Commerce and Industry (KCCI). The number of public disclosures related to fights for management control, including legal battles, reached… Read more: Small firms become prime targets of management disputes in Korea
- HD KSOE bags $371 mn LNG bunker ship orderAn LNG bunkering ship with a capacity of 18,000 cubic meters built by HD Hyundai Mipo (Courtesy of HD Hyundai Mipo) The outlook for South Korean shipbuilders’ liquefied natural gas (LNG) bunkering ship construction looks bright as the global LNG-powered ship industry is expected to enjoy windfall gains from the new US government’s pledge to boost the oil and gas… Read more: HD KSOE bags $371 mn LNG bunker ship order
Latest Entertainment from Korea
- TXT’s European Extravaganza: World Tour and Nostalgic Merch Delight FansK-pop sensation TOMORROW X TOGETHER, affectionately known as TXT, is set to captivate European fans with their upcoming world tour and a charming merchandise release. The quintet, consisting of SOOBIN, YEONJUN, BEOMGYU, TAEHYUN, and HUENINGKAI, has announced their highly anticipated “TOMORROW X TOGETHER WORLD TOUR <ACT : PROMISE> – EP. 2 – IN EUROPE”. This tour marks a significant milestone for the… Read more: TXT’s European Extravaganza: World Tour and Nostalgic Merch Delight Fans
- ONF Charts a New Course with ‘FIND THE ROUTE’ Concept (PHOTOS)In the ever-evolving landscape of K-pop, ONF is set to make waves with their upcoming release, “ONF:MY IDENTITY,” the first part of their second full-length album. The group recently unveiled an intriguing concept clip titled “FIND THE ROUTE,” offering fans a tantalizing glimpse into their new musical direction. The “FIND THE ROUTE” concept presents a darker, more mature side of… Read more: ONF Charts a New Course with ‘FIND THE ROUTE’ Concept (PHOTOS)
- Sweet Melodies and Pastel Hues: ILLIT’s Japanese Debut Promises a Valentine’s Day TreatAs winter’s chill gives way to the first whispers of spring, K-pop sensation ILLIT is set to warm hearts with their upcoming Japanese debut single, “Almond Chocolate.” The quintet, consisting of Yonah, Minju, Moka, Wonhee, and Iroha, has unveiled a captivating special photo teaser that’s already stirring excitement among fans worldwide. The image showcases the members in soft, pastel-toned outfits… Read more: Sweet Melodies and Pastel Hues: ILLIT’s Japanese Debut Promises a Valentine’s Day Treat
- ITZY’s MIDZY Fanclub Opens Doors for 4th Generation with Stunning Teaser photosIn the vibrant world of K-pop, ITZY continues to shine as one of the industry’s most dynamic girl groups. Debuting on February 12, 2019, under JYP Entertainment, ITZY quickly captured the hearts of fans worldwide with their energetic performances and empowering messages. The quintet, consisting of Yeji, Lia, Ryujin, Chaeryeong, and Yuna, has been making waves since their debut single… Read more: ITZY’s MIDZY Fanclub Opens Doors for 4th Generation with Stunning Teaser photos
- 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]
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
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