
Cha Eun-woo Acknowledges Tax Liability, Pays $150 Million Penalty Amid Public Backlash
Cha Eun-woo, a South Korean singer and actor, said he has paid roughly $150 million in tax penalties
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Cha Eun-woo, a South Korean singer and actor, said he has paid roughly $150 million in tax penalties

The fallout from the Iran conflict is disrupting critical maritime routes and forcing manufacturers to rethink how goods

South Korea’s major financial groups are reporting record earnings, highlighting how a prolonged period of high interest rates

BTS, a seven-member act that has helped propel K-pop into the global mainstream, is set to open a
(Photo=MotionElements) South Korea’s packaged food makers are accelerating their expansion beyond Southeast Asia, gaining shelf space in U.S. and European supermarkets as global demand for convenient, ready-to-eat meals continues to rise. Government data released Friday showed South Korea’s food exports rose 4% in the first quarter from a year earlier to $2.5 billion, driven largely by processed products such as
Photo=Motionelements South Korea’s foreign-exchange reserves posted a sharp decline in March, underscoring the pressure a stronger U.S. dollar is exerting on the country’s external buffers. Reserves fell by $3.97 billion from a month earlier to $423.66 billion at the end of March, according to data released by the Bank of Korea. The drop marked the steepest monthly decrease in nearly
(Photo=MotionElements) Disruptions in key Middle Eastern shipping routes are beginning to ripple through global trade, with South Korea’s auto exports emerging as an early indicator of strain in vehicle supply chains. The pressure is tied to instability around the Strait of Hormuz, a critical transit point for global energy and cargo flows. As vessel availability tightens and freight rates surge,
Photo=HYBE Labels’ official YouTube K-pop group BTS previewed a cinematic homage to director Park Chan-wook’s film “Oldboy” in a teaser for their upcoming music video “2.0,” signaling a bold visual direction for their latest release. The teaser, released on HYBE Labels’ official YouTube channel, features a gritty corridor and elevator setting reminiscent of the film’s iconic hallway fight scene. The
Photo=Motionelements South Korea raised its oil resource security alert to a higher level as the prolonged U.S.-Iran conflict begins to disrupt crude supply flows and strain domestic inventories. The government elevated its crude oil crisis warning to “alert,” the third level in a four-tier system, from “caution,” effective at midnight, citing mounting supply instability and tangible economic impact. The natural