Korean Government to Pay $430M to U.S. Hedge Fund for Involvement in Samsung Merger 2024.04.19 Samsung C&T and Cheil Industries MergerDecision by the Permanent Court of ArbitrationGovernment to Pay $430 Million in Compensation It has been revealed that the U.S. hedge fund Mason Capital initiated the Investor-State Dispute Settlement (ISDS) process, citing losses related to the Samsung merger. Our government has been ordered to compensate partially. Consequently, the government is […]

Unveiling the Truth: Is North Korea's Nuclear Program a Mere Threat? 2024.04.18 Kim Gil Sun, born in 1955, began her career as a journalist in North Korea after graduating from the Department of Korean Language and Literature at Kim Il Sung University. Despite being part of the elite group in North Korea, her career faced setbacks when she was marginalized for using inappropriate language during a conversation […]

The BTS Effect: HYBE Capital Breaks $4.2 Billion, Set to Join Major Corporate Group 2024.04.18 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 […]

The AI Revolution: A Blow to Traditional IT Jobs? 2024.04.18 Amidst the escalating worldwide interest in Artificial Intelligence (AI), businesses are racing to onboard AI specialists. Conversely, there’s a notable decline in hiring within the broader IT (Information Technology) sector, excluding roles specific to AI, which is attracting scrutiny. On the 5th, local time, the Wall Street Journal disclosed that U.S. companies are intensifying their […]

Iron Dome: Israel's High-Tech Shield Against Iranian Missiles 2024.04.18 Israel’s air defense system blocks drone and missile attacks The Israeli government appears to have quelled concerns regarding its air defense system, previously vulnerable during attacks by the Palestinian militant group Hamas last year, by effectively repelling a retaliatory airstrike from Iran. During the night of the 13th and early hours of the 14th local […]

North Korea Comments on South Korean Election in a Rare Move 2024.04.18 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, […]

Families Still Seek Justice for North Korean Atrocities 2024.04.17 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 […]

From Developing Weapons in North Korea to Making Policies in South Korea: Dr. Park Chung Kwon's Story 2024.04.17 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 […]

North Korean Teenagers Killed for Watching South Korean Videos: Shocking Human Rights Abuses Revealed 2024.04.17 The Ministry of Unification publicly released the North Korean Human Rights Report for the first time last year (2023), which they compiled from 2017 to 2022. The report, based on the testimonies of over 500 North Korean defectors, documents over 1,600 cases of human rights abuses. The publicly released contents reveal rampant public executions, inhumane […]

North Korean Workers' Strike in China: Fight Against Wage Theft and Exploitation 2024.04.17 Recently, the Asahi Shimbun reported that cracks are appearing in North Korea’s foreign currency earnings due to wage non-payment and long-term refusal to allow return to the home country, leading to strikes by North Korean workers dispatched to China. According to a report by the Asahi Shimbun on the 14th, it was reported that North […]

Bitcoin Plummets as Iran Attacks Israel, Geopolitical Tensions Rattle Crypto Market 2024.04.16 After Iran launched indiscriminate airstrikes on Israel, cryptocurrency prices plummeted in unison. At around 6 a.m. on Thursday, the price of bitcoin hit $61,000 ($84.45 million). This is the first time the price of bitcoin has fallen this low since March 24th...

Costco Gold Bars Sell Out Despite Premium Price: Here's Why 2024.04.16 Costco Gold Bars Sold Out 24-carat Gold Bar for $2,400 2% Cash Back on Purchase Costco, a well-known warehouse discount store in the U.S., is experiencing explosive popularity for a product that has been selling out for several consecutive days. This product is none other than the gold bars sold at Costco, which were launched […]

Cyber War: North Korea's $3.4 Billion Heist Unveiled 2024.04.16 On the 4th, South Korean Ambassador to the UN, Hwang Joon Kook, participated in the Aria-formula meeting on cyber security held at the UN headquarters in New York, co-hosted by the U.S., South Korea, and Japan. This meeting discussed cyber attacks, such as ransomware, as a new factor damaging international peace and security. Ambassador Hwang […]

Special Reception for China's Official: Kim Jong Un's Gesture Sparks Speculation 2024.04.16 North Korea’s special reception for China’s 3rd-ranking officialKim Jong Un: What does it mean for potential talks with President Xi? North Korean leader Kim Jong Un has been making headlines for his special reception of the third-ranking official from China visiting Pyongyang. On the 12th, Zhao Leji, the Chairman of the Standing Committee of the […]

Iran's Unprecedented Attack on Israel: Biden's 'Ironclad' Promise of Support 2024.04.16 From the night of the 13th to the morning of the 14th (local time), Iran launched an attack on Israel, firing nearly 300 drones, ballistic missiles, and cruise missiles. This military retaliation comes 12 days after Israel’s airstrike on the Iranian consulate in Syria on the 1st of this month, which resulted in the assassination […]

North Korean University in Crisis: Student Faces Expulsion Amid Financial Hardships 2024.04.16 Expulsion from Pyongsong Medical UniversityFailure to Complete Social Duties from School QuotasFailure to Deliver Required Goods by Deadline Recent controversies have arisen in North Korea over issues related to the performance of school quotas. A university student from Pyongan South Province was threatened with expulsion for failing to complete school quotas, leading to a complaint […]

Kim Jong Un's Warning: More War Preparedness Needed Than Ever 2024.04.16 North Korea’s Kim Jong Un Visits Kim Jong Il Military Academy and Guides on SiteTop Military Education Institution in North KoreaEmphasizes Thorough Preparation for War On April 10th, the day of the 22nd general election, North Korean leader Kim Jong Un was active in public, visiting an educational institution that trains operatives. The Workers’ Party […]

South Korea-China Trade Surplus Exceeds $1 Trillion, North Korea Remains in Deficit 2024.04.16 North Korea’s Trade Deficit Increases AnnuallyDependence on Chinese Trade Surpasses 95% South Korea Records $1 Trillion Trade Surplus North Korea is recording a substantial trade deficit with China each year. VOA (Voice of America) has analyzed, based on the North-China trade balance data from the Chinese Customs General Administration, Korea Trade Association, and Korea Trade-Investment […]

Making Crypto History: Hong Kong Poised to Approve Bitcoin ETF 2024.04.16 There is anticipation that a Bitcoin exchange-traded fund (ETF) will soon be approved in Hong Kong. According to sources in Hong Kong, the Securities and Futures Commission (SFC) is expected to approve the Bitcoin ETF by the 15th. If Hong Kong authorities approve, it will be the second approval after the U.S. Securities and Exchange […]

AI in National Defense: Introduction of AI Pilot 2024.04.15 Alpha Dogfight5:0 sweep in simulated flightInternational regulation on AI technology The US is reportedly set to begin test flights on uncrewed combat aircraft powered by artificial intelligence (AI). According to news outlets, including The Register, the US Air Force has delivered three F-16 Falcon fighter jets to Eglin Air Force Base for the Venom Project […]

BUSINESS

Must-Reads

Hot Topics

Popular Now