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Seoul gov’t to extend public transportation services, ensure hospital operations during Lunar New Year
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Latest News from Korea
- EQT eyes healthcare, digitalization opportunities in Korea
Jean Eric Salata, chairman of EQT Asia EQT, the largest private equity firm in Europe, is setting sights on healthcare, technology companies and business service providers in South Korea. The Swedish investment firm is also looking to companies with room to grow through digitalization, or by enhancing management efficiency, said Jean Eric Salata, chairman of EQT Asia. This year, he… Read more: EQT eyes healthcare, digitalization opportunities in Korea - FOMO-driven gold rush ups kimchi premium on gold price to highestGold products displayed at a jewelry shop in Jongno, central Seoul (Courtesy of News1 Korea) As South Korean retail investors have joined the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has shot up faster than the international gold price, widening its gap with the price of gold traded in London to its biggest-ever… Read more: FOMO-driven gold rush ups kimchi premium on gold price to highest
- LG companies flock to debt, equity markets to raise $2.8 billionLG headquarters building in Seoul South Korea’s fourth-largest conglomerate LG Group companies scrambled to sell bonds and shares to raise 4 trillion won ($2.8 billion) together early this year to benefit from lower borrowing costs ahead of the central bank’s anticipated rate cuts through this year. According to the investment banking industry on Thursday, LG Group companies sold 2.96 trillion… Read more: LG companies flock to debt, equity markets to raise $2.8 billion
- PAG raises $4 bn for opportunistic Asia real estate fundA night view of Seoul’s central business district (Courtesy of Getty Images) PAG, an Asia Pacific-focused alternative investment firm, on Friday announced the final close of its 10th opportunistic real estate fund at $4 billion, including co-investment capital. That surpassed its target of $3.5 billion and marked the largest US dollar-denominated real estate fundraising over the past 12 months, according… Read more: PAG raises $4 bn for opportunistic Asia real estate fund
- Former FSC chief Shin Je-yoon likely to be tapped as Samsung board chairShin Je-yoon, former chairman of South Korea’s top financial regulator Financial Services Commission Shin Je-yoon, former chairman of South Korea’s top financial regulator Financial Services Commission (FSC), will likely assume the role of Samsung Electronics Co.’s board chairman. Industry sources said on Friday he will be named the leading candidate for the job at Samsung’s board meeting on Feb. 18,… Read more: Former FSC chief Shin Je-yoon likely to be tapped as Samsung board chair
Latest Entertainment from Korea
- AERI Presents “Safe With Me” MV from their latest EP, Shelter TideAERI releases “Safe With Me” music video from her sophomore EP, Shelter Tide Written by Chris P for Korean Indie.
- Hong Taeyeon : The Whispers of SummerHong Taeyeon’s voice spins a cozy, earnest love letter on The Whispers of Summer Written by Ashley J Chong for Korean Indie.
- Sweet Melodies and Silver Screens: ILLIT’s ‘Almond Chocolate’ Delights FansK-pop sensation ILLIT is set to sweeten Valentine’s Day with their first Japanese original single, “Almond Chocolate,” releasing on February 14, 2025. The track serves as the theme song for the upcoming Japanese film “It Takes More Than a Pretty Face to Fall in Love,” based on a popular manga that has sold over 2 million copies. The collaboration between… Read more: Sweet Melodies and Silver Screens: ILLIT’s ‘Almond Chocolate’ Delights Fans
- PCR : KahwaThis debut by PCR highlights how fun music can be when artists aren’t following the latest copied trends Written by Chris P for Korean Indie.
- Hearts2Hearts Set to Captivate K-pop Fans with Debut Single ‘The Chase’SM Entertainment’s newest girl group, Hearts2Hearts, is gearing up to make their highly anticipated debut with their first single album, “The Chase,” set to release on February 24, 2025. The eight-member group, consisting of JIWOO, CARMEN, YUHA, STELLA, JUUN, A-NA, IAN, and YE-ON, aims to connect with global fans through their unique musical style and heartfelt messages. The debut single… Read more: Hearts2Hearts Set to Captivate K-pop Fans with Debut Single ‘The Chase’
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
