Potential Trump Win Sparks Early US-ROK Defense Cost Negotiations From the 23rd to the 25th of last month, the 12th US-ROK Special Measures Agreement (SMA) meeting in Honolulu, Hawaii. Since 1991, the US and South Korea have held 11th Defense Burden Sharing agreements to determine the cost of stationing US forces in Korea. The US put pressure on increasing the contributions during the 12th […]
First Lady of South Korea: The Unpaid Position with a Wealth of Responsibilities President Yoon Suk Yeol’s wife, Kim Keon Hee, has not appeared publicly for over four months since accompanying her husband on his visit to the Netherlands on December 15th. Her recent engagement with President Yoon has drawn attention as she has kept her activities private. Even her participation in the early voting for the April […]
Japan: New Hotspot for Luxury Shopping Amid Currency Dip Despite the ongoing economic downturn, the price increase relay in the luxury industry is unfolding in the Korean market. According to the luxury industry, on the 15th, FENDI, an Italian luxury brand under the LVMH Group, announced its second price increase this year. FENDI has set price increases of about 5% for major popular products […]
U.K.'s 'DragonFire': A Ray of Hope for Ukraine Amid Russian Invasion The recent Israel-Palestine conflict, which has escalated into a military confrontation between Iran and Israel, is further heightening tensions in the Middle East. In addition, the ongoing Russia-Ukraine war for over two years has destabilized the international situation. Good news has come to Ukraine, which is currently in a tough battle due to Russia’s surprise […]
E-Mart Swings at Corporate Golf Games in Cost-Cutting Move E-Mart bans golf paid for with company fundsMajor corporations tighten budgets amid economic downturnAccelerated crisis management due to economic recession According to industry sources on the 24th, E-Mart, led by Shinsegae Group Chairman Chung Yong Jin, recently virtually banned golf paid for with company credit cards for all employees. An E-Mart official explained, “The policy […]
North Korea's Infrastructure Disappears Amid Loan Dispute North Korea dismantles streetlights along the Gyeongui Line Railway and Donghae LineMinistry of Unification asserts North Korea’s obligation to repay for projects under loan agreementsLast year, mines were installed along these railways and roads On the 18th, the South Korean Ministry of Unification revealed North Korea dismantled dozens of streetlights on the Gyeongui Line and […]
Billionaire Bromance: Zuckerberg and Huang's Shared Vision for AI On Nov. 19 (local time), Meta CEO Mark Zuckerberg appeared on the popular podcast Roberto Nixon's show for a 24-minute conversation about the Metaverse, including the recently released “Lamar 3,” and more...
'North Korean Paris Hilton' Turned Conservative Activist Shaking Up American Politics Human Rights Activist Park Yeon MiTransforms into an American Right-Wing StarCalled as the North Korean Paris Hilton The recent activities of Park Yeon Mi, a North Korean defector and human rights activist, have sparked conversation, and last year, The New York Times reported that Park has transformed into a fearless critic of the American progressive […]
Back to Barbarism: North Korea's Public Executions Make a Comeback North Korea Resumes Executions Post-PandemicNorth Korean School Field Trip Sites Turned into Execution GroundsHuman Rights in North Korea According to Various Reports The U.S. government has announced that “North Korea showed a trend of reducing public executions due to the COVID-19 pandemic, but as they began to ease border restrictions, the number of executions has […]
K-Pop Giant HYBE in Crisis: Internal Struggle Threatens Multi-Label System South Korea’s most extensive entertainment company, HYBE, founded by Bang Si Hyuk in 2005, is reportedly in internal turmoil. HYBE, which spotted a subsidiary that discovered the girl group NewJeans attempting to seize control, has confirmed that it has launched an internal investigation. Some point to the multi-label system that HYBE has maintained, which guarantees […]
Salaries of South Korea's Top Entertainment Agencies Revealed! The Salaries of Big 4 Entertainment Company Employees RevealedAmong SM, JYP, YG, and HYBEWhich Pays the Highest and Lowest? As HYBE audits its subsidiary label, ADOR, and its management team, notably CEO Min Hee Jin, scrutiny shifts toward the operational dynamics of prominent entertainment companies in Korea. How do the industry’s Big 4 entertainers —SM […]
Behind the HYBE Scandal: CEO Park Ji Won Speaks Out HYBE CEO Park Ji Won has spoken about the controversy surrounding Min Hee Jin, CEO of ADOR, who produced the girl group NewJeans. The plagiarism issue previously raised by Min is expected to cause a stir. On the 23rd, Park Ji Won, CEO of HYBE, sent an internal announcement email to HYBE members, saying, “There […]
HYBE's Stock Plummets as Management Takeover Scandal Unfolds Min Hee Jin, the CEO of ADOR and known as the mother of the popular girl group NewJeans, has caused a stir in the entertainment industry as evidence of her trying to seize control of HYBE without the consent of the majority shareholder has emerged. According to industry sources on the 22nd, HYBE recently sent […]
HYBE vs. ADOR: The Power Struggle That's Shaking Up the K-Pop World It’s a shock to learn that HYBE, the leading entertainment company in the K-Pop market, has initiated an audit of its subsidiary and affiliated label, ADOR. This unique situation between the parent company and its subsidiary label in the history of the domestic entertainment industry is attracting both attention and concern from K-pop fans. Reports […]
Lights Out: North Korea Removes Streetlights from Key Roads North Korea removes streetlightsMines installed on Gyeongui LineNorth Korea displays intention to sever ties with South North Korea’s Kim Jong Un, who has recently shown overt hostility towards South Korea, has reportedly expressed his anger by removing the streetlights along the roads connecting South Korea from Mount Kumgang and Kaesong Industrial Complex. North Korea is […]
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 […]
Min Hee Jin: The HYBE Art Director with a $500,000 Salary Art Director Min Hee Jin, who gained fame through the success story of the girl group NewJeans, has found herself in the spotlight. On the 22nd, it was reported that HYBE, a key subsidiary and label (record planning company), has initiated an audit of ADOR’s management. According to the entertainment industry, an audit has been […]
North Korea's Dirty Money: How Room 39 Fuels Kim Jong Un's Rule North Korea’s Foreign Currency Earning Control TowerIllegal Acts like Drug Trafficking and HackingGathering Funds for North Korean Rule Recently, North Korea has been seen exerting efforts to earn foreign currency, such as seizing the wages of overseas workers and even requiring service workers to hand over their tips to the authorities. It’s an admitted fact […]
Coca-Cola is Off-Limits in North Korea and Cuba - Here's Why North Korea and Cuba ban Coca-Cola Due to their socialist nature Cocoa-carbonated water as a substitute It’s often said that Coca-Cola can be found anywhere in the world, even in remote villages in Africa. However, it’s currently a hot topic that this globally popular beverage can’t be found in North Korea and Cuba. In North […]
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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