#SOUTHKOREAN News

North Korea hackers suspected in new $35 million crypto heist
edition.cnn.com North Korean hackers were likely behind the theft of at least $35 million from a popular cryptocurrency service, multiple crypto-tracking experts told CNN Tuesday. It’s the…

Do Kwon Released on Bail After Request Approved
cryptodaily.co.uk Terra founder Do Kwon has been released on bail after a Montenegrin court handling his passport forgery case accepted his 400,000-euro request. According to an announcement,…

Blinken to embark on high-stakes trip to China
nbcnews.com WASHINGTON — Secretary of State Antony Blinken is expected to travel to China in the coming weeks for talks, two U.S. officials told NBC News on Tuesday. The news comes…

Why BTS’s Jungkook Should Release His Debut Album In July
forbes.com News broke recently that BTS member Jungkook may be gearing up to release his long-awaited debut solo album sometime next month. The singer’s label responded saying only it…

PGA Tour Players Take to Social Media to Voice Their Displeasure After LIV Golf Merger
thestreet.com The PGA Tour and LIV Tour merger has shocked everyone -- including the pro golfers who chose to stay on the PGA Tour. Many have taken to social media to react to the news,…

TSMC feels 'good' about possible Germany plant, in subsidy talks
aol.com Taiwan chipmaker TSMC is feeling "good" about talks towards setting up its first European factory in Germany, where it is in subsidy discussions with the government, the…

World War II veterans honored at 79th D-Day anniversary
pbs.org ON OMAHA BEACH, France (AP) — An overwhelming sound of gunfire and men’s screams. That’s how World War II veteran Marie Scott described D-Day, as Tuesday’s ceremonies got…

BTS’s Suga May Debut On Several New Billboard Charts Next Week
forbes.com Suga and Halsey have reunited for their latest musical collaboration, "Lilith (DiabloIV Anthem)," which was released yesterday (June 5). The song is expected to make its…

North Korean hackers impersonated journalists to gather intel from academics and think tanks
techcrunch.com Security researchers have warned that North Korean government-backed hackers are impersonating journalists to gather strategic intelligence to help guide the country’s…

Collaborative Fund backs Korea’s Sopoong Ventures to grow its footprint in Asia
techcrunch.com Venture capital firms often open a physical office or hire local investors to make inroads into new markets, especially when expanding internationally. But funds are…

Stock market today: Global stocks mixed on concern about US economy weakening
aol.com Global stock markets were mixed Tuesday after a report that showed growth in service industries is slowing stoked concern the U.S. economy is weakening. London, Shanghai,…

The Benefits of Pulling Back from NE Asia
newsweek.com With South Korea attending on the sidelines of the recent summit in Hiroshima, the G7 issued rejoinders to China and Russia for their aggression and economic coercion. South…

FIFA Under-20 World Cup 2023: Semi-Finalists Have Chance To Make History
forbes.com This year’s FIFA Under-20 World Cup has thrown up some surprise results. With the semi-finals to be played later this week, none of the four teams left have lifted the…

Stock market today: Asian stocks mixed after Wall St retreats on concern economy weakening
aol.com Asian stock markets were mixed Tuesday after Wall Street fell on concern the U.S. economy may be weakening following a report that showed growth in service industries…

TSMC feeling 'good' about possible Germany plant, in talks on subsidies
reuters.com Taiwanese chipmaker TSMC (2330.TW) is feeling "good" about talks over a possible first European factory in Germany and is discussing subsidies with the host country's…

Stock market today: Asian stocks rise after Wall St retreats on concern economy weakening
bostonherald.com Asian stock markets rose Tuesday after Wall Street fell on concern the U.S. economy may be weakening following a report that showed growth in service industries slowing.…

South Korea’s Beyond Music Raises $170M for More Catalog Acquisitions
hollywoodreporter.com South Korean music investment firm Beyond Music has added $170 million to its war chest for buying rights to evergreen Asian music. The firm, which was founded in 2021, says…

Fifty Fifty Joins BTS As The Only Two K-Pop Acts To Reach One Of Billboard’s Radio Charts
forbes.com Just a few months into their time together, Fifty Fifty continue to make history with their breakout smash "Cupid." The infectious tune is climbing charts worldwide and has…

Do Kwon's Release on Bail a Second Time Prompts Wild Speculation
beincrypto.com Do Kwon has reportedly won release again, with bail set at 400,000 euros. A Montenegrin court granted him bail until his next hearing on June 16. The developments set off a…

Montenegrin Court Reinstates Do Kwon’s Bail; Dismisses Prosecutors’ Appeal
financemagnates.com A court in Montenegro has once again granted bail to Do Kwon, the disgraced co-founder of Terraform Labs accused of fraud in South Korea and the US, after an appeal by the…

South Korea’s Beyond Music Raises Another $170 Million for Catalog Acquisitions
billboard.com South Korean music investment firm Beyond Music added another $170 million to bolster its music catalog, which currently stands at 27,000 songs. The round was led by Praxis…

BTS Member Jungkook Might Be Preparing His Debut Solo Album For A July Release
forbes.com With BTS currently on hiatus, the members have been hard at work pursuing individual projects. In recent months, several of the band’s singers have released their own music,…

Blackpink’s Jennie Launches An Acting Career Alongside The Weeknd In ‘The Idol’
forbes.com After years of being a member of Blackpink—one of the biggest and most popular girl groups in the world—musician Jennie is now venturing into the world of acting. Breaking…

China's May imports to fall again, exports slip into red: poll
reuters.com China's imports are expected to have contracted in May, despite a low base last year as a lockdown in Shanghai brought the country's biggest port to a standstill, while…

South Korea Has Traded Way More XRP Than Ethereum This Year
blockworks.co People who trade crypto in South Korea are far from bitcoin (BTC) or ether (ETH) maxis. In fact, based on the latest data from Kaiko, they might be XRP maxis. Outside of BTC…

Terra Co-Founder Do Kwon is Out on Bail Once Again
watcher.guru Terra co-founder and former CEO Do Kwon is once again out on bail. Kwon was granted bail in Montenegro after a judge rejected prosecutors’ arguments on June 2. Kwon was…

Do Kwon out on bail once again after court dismisses prosecution appeal
cointelegraph.com Terraform Labs co-founder Do Kwon has been granted bail in Montenegro after an appeals process by prosecutors was dismissed by a Montenegrin court on June 2. According to an…

Do Kwon is Out on Bail, Says He is a Victim of Political Conspiracy
cryptomaton.medium.com Do Kwon, the co-founder of Terraform Labs and the creator of over $40 billion in losses, has been released on bail by a court in Montenegro after a successful appeal against…

Kia jumps into electric car price wars by bringing back the EV6 Light
marketwatch.com The average new car sold for more than $48,000 last month — almost $2,000 higher than a year before. Electric vehicle prices, however, are on the way down. The average EV…

Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court
coindesk.com The Montenegro court handling Terra founder Do Kwon's passport forgery case has accepted his 400,000 euro ($428,000) bail request after a higher court annulled a previous…

France rolls out the red carpet for EV battery factories
finance.yahoo.com France rolls out the red carpet for EV battery factories FILE PHOTO: ACC inaugurates its gigafactory in northern France PARIS - For French President Emmanuel Macron, it was…

Montenegro court approves second bail request for Terra-Luna founder Do Kwon
forkast.news A court in Montenegro on Friday approved a second bail request for Terraform Labs co-founder Kwon Do-hyeong and former chief financial officer Han Chang-joon, who face…

Korea Box Office: ‘The Roundup: No Way Out’ Dominates With $22 Million Opening Weekend
variety.com Crime action film “The Roundup: No Way Out” dominated the South Korean box office on its official opening weekend with a thumping $21.9 million performance. The film, the…

I-Dle Ties Aespa And Le Sserafim With Their New Billboard 200 Win
forbes.com More than a dozen new releases debut on this week's Billboard 200 chart, and among the popular albums and EPs in that group is the latest offering from (G)I-dle. As their…

A24’s ‘Past Lives’ A Top Limited Opening Of 2023; ‘Suga’ Concert Sings As BTS Fans Keep The Faith
deadline.com Celine Song’s Past Lives from A24 is very much here and now, grossing $232k on four screens for over $58k per location, a nice number for Song’s debut film as the…

There's A Non-Zero Chance AI Rally Leads To A Soft Landing
zerohedge.com There's A Non-Zero Chance AI Rally Leads To A Soft Landing Authored by Simon White, Bloomberg macro strategist, The AI rally is boosting semiconductor stocks, which are…

BTS Star Jimin Joins Suga, J-Hope And RM With His First No. 1 On Billboard’s Rap Chart
forbes.com Jimin is making waves on the Billboard charts once again, just weeks after his last historic showing. His latest single, "Angel Pt. 1," has skyrocketed to the top of several…

Stray Kids Sell 2 Million Copies Of New EP ‘5 Star’ In One Day
forbes.com Boy band Stray Kids have hit new heights with their comeback album 5 Star, which has quickly become one of the bestselling titles in South Korea this year. The set’s…

‘The time has come’: GOP lawmakers urge pushback to China’s Micron ban and ‘economic coercion’
fortune.com Two key Republican lawmakers are pressing the Biden administration to counter Beijing’s ban of US chipmaker Micron Technology Inc. by sanctioning a Chinese semiconductor…

What’s Next For Serie A’s Most Valuable Player Khvicha Kvaratskhelia?
forbes.com Khvicha Kvaratskhelia, the Napoli winger that stunned the Italian soccer community throughout the entire 2022/23 campaign, has been awarded the Serie A Most Valuable Player.…

“The news industry takes advantage of the hate-as-commodity ecosystem”
niemanlab.org A new study borrows from fandom literature to ask: What if some of our haters make us stronger? Fans and anti-fans — the haters, in common parlance — have a lot in common,…

Guam, where America’s next war may begin
economist.com L of America’s bases in the Pacific, Guam mixes hedonism with war jitters. Japanese and South Korean visitors revel on the sand of Tumon Bay, a coral-reef lagoon. Above,…

Biden Urged to Hit Back at China Over Micron Ban, Rally Allies
asiafinancial.com US President Jo Biden has been urged to rally allies and hit back at China’s “economic aggression” after Beijing’s effective ban on purchases of Micron Technology memory…

The Weeknd Is ‘Really Proud’ of BLACKPINK’s Jennie on ‘The Idol’
billboard.com The Weeknd is poised for one of the biggest nights of his career this Sunday. On June 4, The Idol, the HBO drama series co-created and co-led by The Weeknd, premieres on HBO…

HYBE Aims to Raise $380 Million for U.S. Acquisitions: Report
billboard.com HYBE is reportedly in talks with investors to raise around $380 million (500 billion won) to fund acquisitions outside of the South Korean entertainment market, according to…

BTS’ Jin Will Guest Star on Suga’s ‘Suchwita’: Watch the Teaser
billboard.com BTS‘ Suga is returning with another episode of his popular drinking show, Suchwita, and this time, it features a very special guest sitting down for a chat. A teaser for…

The scandalous history of Jennifer Lopez and Ben Affleck’s new Marie Antoinette-inspired California mansion
siliconvalley.com Jennifer Lopez and Ben Affleck have finally settled on a uniquely extravagant Beverly Hills mansion that will become their permanent home together — and it only took “nearly…

BTS’s Jimin Lands One Of The Highest-Charting Hip-Hop Songs Among Korean Acts In Billboard History
forbes.com Jimin, a member of the globally acclaimed K-pop group BTS and a star in his own right, makes a mark on Billboard's Hot R&B/Hip-Hop Songs chart this week. As he secures his…

Jimin Joins J-Hope, Suga And Psy As The Latest K-Pop Star To Hit Billboard’s Rap Chart
forbes.com Jimin's latest single "Angel Pt. 1" makes a significant impact on the Billboard charts this week. The track's success has propelled Jimin to rankings he has never appeared…

Jimin Passes Nicki Minaj, Ed Sheeran And Suga For The Most No. 1 Sales Hits Of 2023
forbes.com BTS musician Jimin has once again risen to the top of Billboard's Digital Song Sales chart with his latest single, "Angel Pt. 1." This latest champion not only solidifies…

SM Entertainment Stock: What to Expect in the Next 12 Months Sixkart
sixkart.com In this article, we will delve into the world of SM Entertainment stock and explore what the future holds for this renowned entertainment company. As one of the leading…

Stray Kids Check In With ‘5-Star’: Stream It Now
billboard.com While the media has fixated on K-pop superstars BTS, Blackpink, Tomorrow X Together, and, more recently, newbies Fifty Fifty, don’t sleep on Stray Kids. The South Korean boy…

Stray Kids Check In With ‘5 Stars’: Stream It Now
billboard.com While the media has fixated on K-pop superstars BTS, Blackpink, Tomorrow X Together, and, more recently, newbies Fifty Fifty, don’t sleep on Stray Kids. The South Korean boy…

In the battle for EV dominance in Europe, Bernstein picks 7 winners
cnbc.com Chinese electric vehicle (EV) manufacturers are making a push into Europe and could take market share away from established U.S. and local brands, according to Bernstein.…

iPhone in India: Foxconn to manufacture smartphones in Karnataka by April 2024
bbc.co.uk Apple's biggest supplier Foxconn will start manufacturing iPhones in the southern Indian state of Karnataka by April next year, the state government has said. The firm has…