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BUSINESS

  • Musk's Challenge to Buffett: Will He Swap Apple for Tesla? Elon Musk, CEO of Tesla, has attracted global attention by recommending investment in Tesla to Warren E. Buffett, CEO of Berkshire Hathaway. On the 6th, Musk responded to a user’s post on his X (formerly Twitter) account, which suggested that “Apple’s stock has risen enough” and that “Buffett should dispose of Apple’s stock.” He wrote, […]
  • HYBE's Power Struggle: CEO Min Hee Jin Fights for Position CEO Min Hee Jin of ADOR has recently filed an injunction to prevent the exercise of voting rights against HYBE. This move appears to be an attempt to halt HYBE’s ongoing efforts to dismiss her. On May 7th, ADOR’s legal representative, Sejong Law Firm, stated, “HYBE has requested a temporary shareholders’ meeting to discuss the […]
  • Prosecutor General Lee Takes Charge in South Korean First Lady's 'Dior Bag Scandal' Prosecutor General Lee Won Seok stated that the investigation into the luxury bag case would be cond ...
  • Shinsegae Group Defies Odds with Record Q1 Revenue Despite challenging market conditions, Shinsegae Group has successfully rebounded in the first quarter. While the Group’s sales remained at a similar level to last year, an increase in operating profit is believed to be due to the operation efficiency method that has been in place since early last year. On the 8th, Shinsegae announced a […]
  • Soccer Federation President Faces Backlash Amid HDC Hyundai's Financial Woes Chung Mong Gyu, Chairman of the Korea Football Association and HDC Group, is under heavy criticism after the 2023 AFC (Asian Football Confederation) Asian Cup in Qatar yielded disappointing results, leading to a failure to qualify for the main round of the Paris Olympics. Amidst relentless demands from soccer fans for his resignation due to […]
  • North Korea's Sneaky Attack Revealed: South Korean Investments Vanish Overnight South Korean company establishedBuildings invested in North Korean projects approved by the South Ko ...
  • Indonesia's Betrayal: $440M Deal Fallout Shakes South Korean Defense Industry Indonesia Delays PaymentsPoland's Second Arms Deal Faces DifficultiesSouth Korean Defense Industry F ...
  • Luxury Bag Scandal: Will the First Lady Face Punishment? A team has been formed to investigate the luxury bag allegations, but legal experts say punishment is unlikely due to the absence of laws against public officials’ spouses. A full-time team has been officially formed to investigate the allegations that President Yoon Suk Yeol’s spouse, Kim Keon Hee, accepted a luxury bag. The informant’s investigation […]
  • The Luxurious Lifestyle of South Korean Heiress Lee Joo Young Source: social media compilation Lee Joo Young, the granddaughter of the honorary chairman of Daelim Group, was born in 2000 and has been attracting attention with her luxurious lifestyle that she shares on her social media. She has also gained fame for her high academic achievements, studying International Business at Georgetown University. In a survey […]
  • HYBE Empire: How a Sock Argument Sparked a K-pop Revolution Social Media Recently, the meme “The whole world is HYBE” has emerged, reflecting the flood of news reports about HYBE. With the growing attention on HYBE, its CEO, Bang Si Hyuk, is naturally in the spotlight. Bang, a leading figure in the K-pop industry, once worked closely with JYP’s Park Jin Young. After parting ways […]
  • Billion Won Club: Korea's Priciest Apartments Revealed The Penthouse Cheongdam takes the top spot, followed by Eterno Cheongdam in second place and Nine One Hannam in third. These ultra-luxury apartments are predominantly located in Gangnam and Yongsan districts. Hyundai Construction Despite a long-term economic downturn leading to unsold properties and a nationwide cooling of the real estate market, ultra-luxury apartments continue to […]
  • American-Born CEOs and Their Influence on Korea's Economy Conglomerate CEOs turn out to be black-haired foreignersLeading distributor Coupang is a U.S. companyWho else was born in America? Coupang has become an indispensable distribution company in everyday life. With its Rocket Delivery, Coupang, established by Chairman Kim Beom Seok, has garnered a strong consumer response. Although the founder’s name and his Korean heritage might […]
  • Dark Side of K-Pop: Exposing the Album Dumping Culture Seventeen from HYBE sparked controversy with album unboxingMin Hee Jin criticized ESG in entertainme ...
  • BTS Caught in Cult Controversy: Fans Demand Truth Amid Rising Speculations HYBE, a leading force in K-pop, is now caught in chaos following a controversy over a conflict with ADOR CEO Min Hee Jin and rumors of involvement with a cult. The incident has drawn significant attention to the connection between entertainment agencies and cults. Stories related to HYBE are now ubiquitous in online communities and social […]
  • BTS' Label HYBE Tops Salary Rankings in Entertainment Industry HYBE has emerged as the top salary leader in the entertainment industry, followed by JYP and SM, with YG showing significant differences from other agencies News1 The recent Min Hee Jin incident has put HYBE at the center of controversy, drawing attention because its employees’ salaries surpass those of the top three entertainment agencies. The […]
  • THESE Strange Laws Abroad That Can Get You Locked Up! Due to cultural differences and varying national laws, it’s possible to engage in illegal activities during international travel inadvertently. Let’s explore some specifics that travelers should verify before their trips. Daily Mail Turkey is particularly strict about preserving its historical artifacts. Even taking a single stone from an archaeological site is prohibited. This is because […]
  • AliExpress Under Fire for North Korean Merchandise According to industry sources on the 26th, various products glorifying North Korea’s regime and geography can be found on the Chinese e-commerce platform AliExpress by simply typing North Korea in Korean or English in the search bar. A notable example of North Korean-related merchandise for sale on the platform is a character t-shirt titled Kim […]
  • Binggrae's Banana-Flavored Milk Dominates China Since 2010, Binggrae’s banana-flavored milk has become a staple in China’s dairy market. Its unique moon jar shape stands out from other dairy products and has gained fame for being a design that even China, known for its imitation products, cannot replicate. According to Binggrae, in the first half of 2023, the sales of banana-flavored […]
  • Hyundai's Unfinished Business: The Resurgence of North Korean Tourism Chairman Chung Ju Yung visited North Korea via Panmunjom for business operations, which were halted due to the late Park Wang Ja incident. Hyundai Group North Korea has declared the resumption of its tourism business. Tourism is one of North Korea’s essential means of earning foreign currency. Its ventures make money by offering package programs […]
  • Europe's Most Common Tourist Scams You MUST Know! Europe is a top destination for many international travelers. However, tourists should be aware of the high risk of pickpocketing before visiting. Pickpocketing is widespread, making it crucial to stay prepared. Now, let’s explore some common scams that target tourists in Europe. Scammers often approach unsuspecting tourists in cities like Paris and Rome and place […]
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