#south-korea (267 Posts)
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HYBE's Stock Plummets as Management Takeover Scandal Unfolds
Evidence of Min Hee Jin, from ADOR, attempting to seize control of HYBE without majority shareholder approvalHYBE stock price drops over 7%Market cap equivalent to YG Entertainment evaporates in a day Min Hee Jin, the CEO of ADOR and known as the mother of the popular girl group NewJeans, has caused a stir in the […]
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From Hero to Zero: Audi's Harsh Fall in the Korean Car Market
According to the Korea Automobile Importers and Distributors Association (KAIDA), BMW led the January brand registrations with 4,330 vehicles, followed by Mercedes-Benz with 2,931 cars, showing a significant gap of about 1,400. An industry insider pointed out that Mercedes-Benz’s leading model, the E-Class, is in the process of changing generations, which has led to supply […]
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Instant Ramen Made with Various North Korean Ingredients
Instant ramen is also a popular food in North Korea. Products imitating South Korean ramen have been launched in North Korea, with similar packaging designs and names being traded under the radar. Let’s take a closer look at what North Korean ramen is like. Ramen, with its spicy broth and chewy noodles, perfectly fulfills the […]
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North Korea's Military Uniform Makeover
North Korea’s Air and Ground Forces uniforms have become similar to South Korea’s. The iconic dark ochre plain uniforms of the North Korean military, once a symbol of North Korea’s armed forces, began to adopt a ‘digital pattern’ similar to that of South Korea a few years ago. Recent images of the North Korean military […]
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Escape to Tranquility: South Korea's Hanok Villages
Hanoks, built in traditional Korean architecture, radiate a serene charm. Various Hanok villages can be discovered across different regions. The tranquil ambiance of a Hanok village nestled amidst nature outside the bustling city is truly captivating. This guide presents several nationwide Hanok villages to enjoy a memorable Hanok stay. Cheongsong Hanok Folk Village, located in […]
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The BTS Effect: HYBE Capital Breaks $4.2 Billion, Set to Join Major Corporate Group
HYBE, the powerhouse behind BTS’s global ascent, is poised to ascend to conglomerate status within the Korean entertainment sphere, boasting assets surpassing 5 trillion won ($4.2 billion). Since its public debut in October 2020, HYBE has embarked on a relentless acquisition spree, both domestically and internationally, diversifying its portfolio and exponentially expanding its scale. The […]
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North Korea Comments on South Korean Election in a Rare Move
North Korea ended its silence approximately one week following the 22nd general election held on the 10th. The Rodong Sinmun, the North Korean Workers’ Party newspaper, published an article titled “Listen to the Public Sentiment! Impeach Yoon Suk Yeol” on the 16th. The article delved into the recent impeachment candlelight rally against Yoon Suk Yeol, […]
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Families Still Seek Justice for North Korean Atrocities
There is a lot of fighting against North Korea’s leader, Kim Jong Un. Among them is Ko Seok Ju, the son of Ko Won Seok, a victim of the Uljin-Samcheok North Korean armed communist infiltration incident that occurred in November 1968. He is suing North Korea and Kim Jong Un, with the case set to […]
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From Developing Weapons in North Korea to Making Policies in South Korea: Dr. Park Chung Kwon's Story
A defector candidate has become a hot topic after being elected in the 22nd National Assembly elections held on the 10th. The protagonist is Dr. Park Chung Kwon, the second proportional representative of the Future of Korea Party, a satellite party of the People’s Power. Dr. Park Chung Kwon has become the fourth defector to […]
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South Korea's Election Night More Entertaining Than Hollywood Blockbusters
Foreign media paid attention to this year’s April 10 general election vote-counting broadcast, which featured dazzling graphics and parodies of famous drama scenes. On April 10 (local time), the UK’s BBC posted an article titled Is this K-drama? No, it’s South Korea’s election night, noting the dramatic flair of Korea’s election broadcasts. The BBC reported, […]
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Kim Jong Un's Unexpected Dinner Party: A Show of Strength or a Call for Loyalty?
According to the Korean Central News Agency, on the 10th, Kim Jong Un visited and provided on-site guidance at the Kim Jong Il Military Academy, which trains top military commanders. Kim toured various academy facilities, including classrooms, dormitories, cafeterias, and operational research rooms. Additionally, the report mentioned that Kim hosted a dinner with the faculty […]
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U.S. and Japan Raise Hourly Wages, Why Isn't South Korea Following?
California has raised the minimum wage for fast-food workers to $20 an hour. According to the Associated Press, the new wage rate was implemented on the 1st, marking a 29% increase from last year’s minimum wage of $15.50. California Governor Gavin Newsom signed an expedited bill in September last year to raise the minimum wage […]
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North Korea's New Battle Tanks: Borrowing Russian Technology
Russia’s T-80U tankImported in 1995 under the Bear ProjectImported non-export model North Korea recently unveiled a new tank model, sparking interest in the existence of a Russian-made tank in South Korea, which is not present in North Korea. North Korea unveiled the new tank model at the 75th anniversary of founding the Workers’ Party of […]
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National Debt Reaches Historic Highs, Prompting Concerns
The 2023 fiscal year national accounts report has revealed a national debt of $816.7B with a fiscal deficit of $63B . On the 11th, the government reviewed and approved the 2023 fiscal year national accounts report. According to the report, last year’s national debt reached a record high of $816.7 billion. The fiscal deficit, a […]
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Samsung Heiress Sells Millions of Shares to Foot $10 Billion Tax Bill
On the 8th, the investment banking sector disclosed that Lee Boo Jin, the president of Hotel Shilla, has initiated demand forecasting to offload 5,247,140 shares of Samsung Electronics through one of the top five banks in the market. The anticipated sale price per share is expected to range between 83,700 won ($74.15) and 84,500 won […]
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Phone Scammer Plunges to Death During Police Raid
A Voice Phishing Criminal Was Arrested After a Sudden Raid on His Home Died After Jumping From the 8th Floor A suspected voice phishing criminal died after jumping from a building eight stories high. According to the legal community, on April 4, the Busan District Prosecutor’s Office investigator received information that a man suspected of […]
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South Korea Flexes Its Naval Might with the Induction of the Shin Chae Ho Submarine
Shin Chae Ho submarine exclusively designed with South Korean technologyThe last submarine of the Chang Bogo-3 Batch-1 Project2024 Military Power Rankings: USA 1st, South Korea 5th, North Korea 36th Shin Chae Ho, a powerful 3,000-ton submarine designed and built with South Korean technology, has been delivered to the Navy, and a commemorative event was held. […]
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North Korea's Alleged Election Meddling: A Threat to South Korean Democracy?
Ministry of Unification warns of North Korean election interference On April 2nd, the Ministry of Unification revealed that North Korea had attempted to interfere in the upcoming general elections and issued a strong warning to North Korea. As the April 10th General Elections are just a week away, the Ministry made a statement regarding North […]
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Unveiling Song Ha Yoon's Dark Past: School Bullying and Public Insults
Ongoing revelations about Song Ha Yoon’s past2015: Accusations of verbal abuse towards a “Cat Mom”2018: Comments about school bullying and forced transfer After admitting to having been forced to transfer schools due to school bullying, actress Song Ha Yoon is once again under scrutiny as old posts accusing her of verbally abusing a “cat mom” […]
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Painting Her Way to Success: Woman Leaves Accounting for Construction
Last month, a video uploaded to YouTube caught people’s attention. It was about a woman who left her successful career as an accountant to work as a painter. On the 21st, a video titled After graduating from a prestigious university, she quit her respected job as an accountant to paint at construction sites daily was […]