High Cost of Moving the Presidential Office: A Look into South Korea's Emergency Fund Usage News1 When the Yoon Suk Yeol administration took office on May 10, 2022, the president’s office was relocated to Yongsan, Seoul, from the Blue House in Jongno-gu, Seoul. Recently, as the regime entered its third year, it was confirmed that the most significant portion of the national emergency fund, or general reserve fund, was spent […]
Carcinogens Detected in Chinese Children's Products Sold Online Carcinogens found at 384 times the safe limit in Chinese children’s productsExperts warn against low-pricing tacticsAll affected items were recalled on Amazon in the US Consumer complaints are rising as Chinese e-commerce shopping platforms are wrapping up the Korean market with an aggressive low-price strategy. In response, the Seoul Metropolitan Government has conducted a comprehensive […]
High Drama at HYBE: CEO Min Hee Jin Accused of Embezzlement During a press conference on the 25th, Min Hee Jin, representing ADOR, addressed her conflicts with Chairman Bang Si Hyuk and the HYBE management team. Min has raised allegations of HYBE’s management style and plagiarism issues, asserting that HYBE seeks to dismiss her in retaliation. In response, HYBE dismissed Min’s claims as “too many untruths” […]
Stolen Secrets: North Korean Hackers Breach South Korean Defense Firms South Korean defense companies fall victim to North Korean cyber attacksThe extent of damage is unknown until the police investigationPresumed to be directed by Kim Jong Un The National Security Investigation Division of the Korean National Police Agency’s National Office of Investigation collaborated with the National Cyber Crisis Management Department in an investigation. On the […]
From Collaborators to Competitors: The Story of HYBE and Netmarble HYBE and Netmarble, its second-largest shareholder, are in a competitive relationship akin to distant relatives, transitioning from collaboration to friendly rivalry The ongoing controversy surrounding Min Hee Jin, CEO of ADOR, allegedly taking control of HYBE continues to make headlines. With reports suggesting that HYBE holds an 80% stake in ADOR, attention has shifted to […]
Kim Jong Un's Picks: North Korea's Must-Visit Attractions Unveiled on YouTube North Korea, which had closed its borders due to the impact of COVID-19, has announced the reopening of its borders and the resumption of its tourism business. In February, the arrival of Russian group tourists in North Korea signaled the official resumption of the tourism business. Interestingly, North Korea utilized YouTube to revive its tourism […]
Kim Jong Un's Regime: Rise of Female Leaders There are prominent female figures in North Korea’s Kim Jong Un regime. It is evaluated that female roles expanded to include Choe Son Hui, Kim Ju Ae, Ri Sol Ju, Hyon Song Wol, and Kim Yo Jong. This is credited to Kim Jong Un’s women-friendly leadership, which fosters an environment that promotes female figures. Due […]
K-pop's Newest Controversy: Did ILLIT Copy NewJeans? Amid rising tensions between Bang Si Hyuk, chairman of HYBE, and Min Hee Jin, CEO of ADOR, on the 22nd, ILLIT, HYBE’s youngest group, has been embroiled in a plagiarism controversy with NewJeans. On the 23rd, after HYBE publicly disclosed the Min Hee Jin Incident, posts comparing the concepts of NewJeans and ILLIT began to […]
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 […]
Hot Topics