S.Korea’s inflation stays at 1% level for 3rd straight month

Latest News from Korea

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  Celltrion to retire $400 mn treasury stock in JanuaryDecember 4, 2024
  A bird’s-eye view of Celltrion’s Songdo campus in Incheon, South Korea South Korea’s biosimilar maker Celltrion Inc. on Wednesday announced a plan to retire about a quarter of treasury stock worth 563 billion won ($400 million) in January as it is on course to achive its largest-ever revenue in 2024. Under the plan, it will cancel 3.0 million shares, equivalent… Read more: Celltrion to retire $400 mn treasury stock in January
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  Kia vows to drastically raise shareholder returns, hike EV, hybrid salesDecember 4, 2024
  Kia’s compact electric EV3 SUV Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The company also plans to sell more eco-friendly vehicles, including electric cars and hybrid models. Kia – a sister firm of Hyundai Motor Co. and an affiliate of Hyundai Motor Group – said in a regulatory filing… Read more: Kia vows to drastically raise shareholder returns, hike EV, hybrid sales
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  South Korea President to Lift Martial Law After Parliament Rejects MoveDecember 4, 2024
  South Korea’s Parliament voted to end martial law just hours after President Yoon Suk Yeol declared the move, accusing opposition parties of antistate activities. Photo: Jung Yeon-Je/AFP/Getty Images SEOUL—South Korea’s president said he would lift his martial-law declaration after Parliament voted against the measure, rejecting his claim that political opponents had made the nation vulnerable to North Korea. President Yoon Suk… Read more: South Korea President to Lift Martial Law After Parliament Rejects Move
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  Quick delivery war deepens Korean big-box retailers-Baemin tiesDecember 3, 2024
  Homeplus Express launches Baemin Store’s quick delivery service  As same-day delivery wars has heated up in South Korea, traditional big-box retailers are rushing to join hands with the country’s No. 1 food delivery platform Baedal Minjok – Baemin for short. Korea’s hypermarket chain operator Homeplus announced on Tuesday that it will start on-demand delivery services through Baemin’s so-called quick commerce… Read more: Quick delivery war deepens Korean big-box retailers-Baemin ties
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  S.Korea’s inflation stays at 1% level for 3rd straight monthDecember 3, 2024
  South Korea’s consumer prices remained steady at the 1% level for a third month in a row in November thanks to a drop in oil prices. But economists forecast the won’s slide to the dollar to push up the country’s inflation close to 2% in December. The consumer price index in South Korea edged up 1.5% in November from the… Read more: S.Korea’s inflation stays at 1% level for 3rd straight month

Latest Entertainment from Korea

• Short Stuff 41 : yusuii, 18 Fevers, Hyojin Sun, SORAN BAM, Cultgazer, 1db, sunho, GOOROOMSUN, UINONE, Damons year, Neowa, Kozy&NoisyDecember 4, 2024
  A lot of singles with a more mellow tone and presentation on Short Stuff 41 but Damons year and Cultgazer stand out this time Written by Chris P for Korean Indie.
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  K-Pop Fans, Get Ready for YOUNITE’s Exciting Debut Single Album!December 3, 2024
  YOUNITE is set to make waves in the K-pop scene with their first single album ‘Y’, promising an electrifying musical experience for fans. The group has been building anticipation with a series of captivating teasers that showcase their unique artistic vision. Comeback Details The group officially announced their comeback on November 29 at midnight KST, revealing their debut single album… Read more: K-Pop Fans, Get Ready for YOUNITE’s Exciting Debut Single Album!
• there’s no wifi in the barn by d³ (deep drone dreamer) is an ambient-audiovisual journeyDecember 3, 2024
  there’s no wifi in the barn by deep drone dreamer (d³) released on November 27, 2024 and serves as a great ambient and drone starter EP Written by Chris P for Korean Indie.
• CLYM : COZY, LEAP, YELL, MAZEDecember 3, 2024
  CLYM takes us indoors with their second album, cranking up the emotional intensity of their songs with colorful solos and sprinkles of ambient sounds Written by Ashley J Chong for Korean Indie.
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  K-pop Sensation SEVENTEEN’s Mingyu Graces Magazine Covers, Captivating Fans WorldwideDecember 2, 2024
  Images in this article are owned by Pledis Entertainment, Rolling Stone Japan and Esquire Korea. SEVENTEEN’s Mingyu, a multifaceted talent in the K-pop industry, continues to make waves in the fashion world with his recent magazine cover appearances. The idol has been featured on the covers of two prestigious publications: Rolling Stone Japan vol.29 (February 2025 issue Special Edition) and… Read more: K-pop Sensation SEVENTEEN’s Mingyu Graces Magazine Covers, Captivating Fans Worldwide

Learn People & History of Korea

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  The Influence of China and Japan in Modern Korean HistoryNovember 26, 2024
  Introduction The Korean Peninsula, situated at the northeastern edge of the Asian continent, has historically occupied a pivotal geographic position in East Asia. Bordered by China to the northwest and Japan to the east, Korea has long been a crossroads of cultural and political exchanges. This unique location has contributed to the complex interplay of influences it has experienced from… Read more: The Influence of China and Japan in Modern Korean History
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  A Journey Through Time: The History of Korean ArtOctober 13, 2024
  Introduction to Korean Art Korean art, a vital reflection of the nation’s rich heritage and cultural evolution, holds a unique place within the broader tapestry of East Asian art forms. Distinguished by its innovative spirit and aesthetic principles, Korean art dates back thousands of years, offering insights into the historical context and socio-political dynamics of the region. As both a… Read more: A Journey Through Time: The History of Korean Art
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  A South Korean soldier forcibly cuts a young man’s hair in front of others during a nationwide crackdown on men with long hair and women wearing short skirts in South Korea – 1970sOctober 12, 2024
  This was during the Fourth Republic of South Korea. The President Park Chung-hee was declared dictator of South Korea for 18 years until he was assassinated and replaced in a coup-de-etat for about 3 years. I’ll post some links about it: https://en.wikipedia.org/wiki/Fourth_Republic_of_Korea https://en.wikipedia.org/wiki/Park_Chung-hee https://en.wikipedia.org/wiki/Assassination_of_Park_Chung-hee submitted by /u/goodhot0006 [link] [comments]
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  Jeong CheolSeptember 9, 2024
  Introduction to Jeong Cheol Jeong Cheol, a prominent figure in Korean history, emerged during the Joseon Dynasty, which lasted from 1392 to 1910. His life, spanning from 1536 to 1593, encapsulates an era rich in cultural and intellectual development. As a scholar, poet, and government official, Jeong Cheol’s influence was significant, embodying the complexities of Confucian philosophy and its application… Read more: Jeong Cheol
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  From War to Miracles: The Evolution of South Korea Amidst Global StrugglesAugust 25, 2024
  The End of the Korean War: A Historical Overview The Korean War, which began in 1950, was a significant conflict that arose from the geopolitical tensions following World War II. The war pitted North Korea, backed by the Soviet Union and China, against South Korea, supported by the United States and other United Nations member states. The culmination of this… Read more: From War to Miracles: The Evolution of South Korea Amidst Global Struggles