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Latest News from Korea
- Korean beauty giants Amorepacific, LG H&H resurrect from China woes
Sulwhasoo 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
- LG, SNU team up to develop AI modeling for protein structure predictionsBae Kyung-hoon (left), head of LG AI Research Institute, and SNU Prof. Minkyung Baek pose for a photo after signing a joint research agreement at LG Science Park LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a joint research agreement with Assistant Professor Minkyung Baek of the School of Biological… Read more: LG, SNU team up to develop AI modeling for protein structure predictions
- KB Financial to buy back $359 bn shares after record net profit in 2024KB Fiancial Group headquarters building in Seoul KB Financial Group Inc., South Korea’s largest financial holding group, will spend nearly 1.8 trillion won ($1.2 billion) to boost shareholder returns after reporting more than 5 trillion won in net profit last year on higher interest and fee gains across the board. The financial group announced on Wednesday that it would buy… Read more: KB Financial to buy back $359 bn shares after record net profit in 2024
Latest Entertainment from Korea
- 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
- K-Pop Extravaganza Set to Electrify Tokyo: Kstyle PARTY 2025 Unveils Star-Studded LineupMusic fans are in for a treat as the highly anticipated Kstyle PARTY 2025 prepares to take over Ariake Arena on March 29th and 30th, featuring an explosive lineup of K-pop sensations. The event will showcase an impressive array of artists, including the recently announced YOUNG POSSE, QWER, and NouerA, joining an already stellar roster of performers.The two-day musical spectacular… Read more: K-Pop Extravaganza Set to Electrify Tokyo: Kstyle PARTY 2025 Unveils Star-Studded Lineup
- Interview with deep drone dreamer (d³)Take a deep dive into the world of deep drone dreamer and learn how this duo created the epic there’s no wifi in the barn Written by Chris P for Korean Indie.
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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