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Latest News from Korea
- Shinhan Bank reclaims top spot as S.Korea’s leading lender
A 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 - Naver founder to return as board chair; 2024 earnings solidNaver founder and GIO Lee Hae-jin Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid the intensifying global artificial intelligence technology war. His return as chairman of the board was announced on Friday after the company announced its annual sales for 2024 topped… Read more: Naver founder to return as board chair; 2024 earnings solid
- Korean beauty giants Amorepacific, LG H&H resurrect from China woesSulwhasoo is AmorePacific’s premium cosmetics brand South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business performances, particularly in China, where patriotic consumption is elbowing out foreign companies. Reeling from a sharp sales drop in China, Korea’s top beauty products maker Amorepacific Group has rebalanced its China-heavy global business to focus… Read more: Korean beauty giants Amorepacific, LG H&H resurrect from China woes
- MBK-led consortium to take over Japan’s FICT for $656 mnMBK Partners, the largest private equity firm in North Asia, will acquire a full stake in FICT Ltd., a semiconductor printed circuit board (PCB) and substrate-producing firm in Japan, for 100 billion yen ($656.3 million), betting big on cloud computing and artificial intelligent. FormFactor Inc., a Livermore, California-based semiconductor qualification and production test company, announced on Thursday that it will… Read more: MBK-led consortium to take over Japan’s FICT for $656 mn
- NPS closes $1.6 bn Korean office deal; SEMA may buy NCSOFT officeOne Grove in Magok, Seoul The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate investment in South Korea, according to industry sources on Thursday. The world’s third-largest pension scheme has poured 820 billion won into the complex as the equity investor, while financing the remainder with… Read more: NPS closes $1.6 bn Korean office deal; SEMA may buy NCSOFT office
Latest Entertainment from Korea
- 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.
- HYBE’s New J-Pop Audition Show: A Dream’s Start LineIn a thrilling announcement for K-pop and J-pop enthusiasts alike, HYBE Labels Japan is set to launch an exciting new audition program aimed at forming the next sensational J-pop boy group. The show, titled “OEN High ~Where Dreams Begin~” (応援-HIGH ~夢のスタートライン~), is scheduled to premiere on Nippon TV on February 15, 2025. The eight-episode series will follow the journey of… Read more: HYBE’s New J-Pop Audition Show: A Dream’s Start Line
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
