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Semiconductors
South Korean politician urges US to abandon China chip strategy
...The lawmaker, who was instrumental in passing the K-Chips Act this year to boost tax credits for companies investing in chip manufacturing in South Korea, said the country had to address what she described...
August 6, 2023
InterviewHybe
The music label behind BTS is trying to recreate the K-pop ‘production system’ in US
...Braun serves as chief executive of Hybe America and is working to expand its operations in the US, including orchestrating BTS member Jung Kook’s solo project....
December 24, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News updates from October 19: Jordan pauses US Speaker bid, Canada to pull dozens of diplomats from India
Kakao CIO arrested for alleged stock manipulation during K-pop agency takeover
...South Korean authorities have arrested the chief investment officer of internet group Kakao for allegedly manipulating stock prices during a heated acquisition battle for K-pop agency SM Entertainment....
October 19, 2023
South Korea Politics & Policy
South Korea’s ‘Luke Skywalker’ strikes blow against President Yoon
...Additional reporting by Song Jung-a...
April 11, 2024
OutlookSong Jung-a
In South Korea, a quiet debate over conscription is heating up
...Even members of BTS, the K-pop sensation, could not avoid it....
January 25, 2024
South Korean business & finance
Tech executive arrested over share purchases in K-pop bidding war
...Kakao took over SM after an intense bidding war with Hybe, the label behind K-pop sensation BTS....
October 19, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
South Korea Politics & Policy
South Korea shoots for the stars in Asia’s space race
...Additional reporting by Kang Buseong and Song Jung-a in Seoul...
November 12, 2023
Live news updates from August 8: Chinese exports tumble, July sets heat record
Hybe boosted by girl band NewJeans and solo acts while BTS is on hiatus
...Hybe, the South Korean music label behind global K-pop sensation BTS, reported an 18.7 per cent jump in second-quarter net profit on surging album sales and a post-pandemic revival in demand for concerts...
August 8, 2023
South Korea
Scouts gathering in South Korea evacuated ahead of typhoon
...A K-pop concert that had been due to be held at the campsite on Sunday has been postponed to Friday....
August 7, 2023
Samsung Electronics Co Ltd
Samsung releases latest foldable smartphones as competition intensifies
...The event on Wednesday was held to much fanfare in the glitzy Gangnam district of southern Seoul, attended by K-pop sensation BTS’s Suga, part of Samsung’s efforts to spur interest in its latest foldable...
July 26, 2023
Live news updates from February 16: Biden to speak with Xi, Swiss rule out confiscating Russian assets
Hybe nominates candidates for board of SM Entertainment as K-pop takeover battle heats up
...Hybe, the South Korean music agency behind global superstars BTS, has nominated its own staff as candidates for the board of SM Entertainment, as a battle to take over the K-pop juggernaut heats up....
February 16, 2023
Asia-Pacific equities
AI ‘euphoria’ and EV bets drive South Korea market rally
...Shares of the country’s four biggest K-pop agencies — Hybe, SM Entertainment, YG Entertainment, JYP Entertainment — have all gone up by at least a third this year, double the Kospi’s advance and outperforming...
June 12, 2023
South Korean business & finance
BTS agency Hybe in corporate battle over K-pop talent stream
...Last week, Lee Soo-man and Hybe chair Bang Si-hyuk issued a joint statement promising to grow both companies so as to “enhance K-pop’s global competitiveness” and to pursue Lee’s vision of establishing K-pop...
February 16, 2023
Artificial intelligence
S Korea’s Naver to target foreign governments with latest ChatGPT-like AI model
...The Korean company has other lucrative business units, such as its LINE messaging and services app, and it runs popular entertainment platforms for webtoons and K-pop fandom....
May 28, 2023
Live news updates from March 30: Donald Trump indicted, Finland cleared to join Nato
South Korea approves tax legislation to boost tech industry
...South Korea has approved a key bill dubbed the “K-Chips Act” to boost investment in its semiconductor industry by nearly doubling tax breaks for chipmakers....
March 30, 2023
FT Live
Managing Operational Risk in M&A Transactions
Examining the value of business licensing and property tax in the deal cycle
Thursday, 20 JuneDigital Conference
News in-depthSouth Korean business & finance
K-pop’s movers and shakers fight to create dominant music agency
...Analysts estimate that Hybe and SM together would account for two-thirds of K-pop album and digital music sales....
February 26, 2023
Live news updates from March 7: Powell takes a hawkish note, Ukraine denies sabotaging Nord Stream
Korea’s Kakao makes $962mn offer for bigger stake in SM Entertainment
...Kakao said the tender offer would increase its stake in the K-pop juggernaut to 40 per cent from 4.9 per cent....
March 7, 2023
News in-depthInvestor activism
Activist investors smoke out South Korea’s undervalued companies
...Align scored a decisive victory over K-pop agency SM Entertainment’s founder and then controlling shareholder at the annual meeting in March last year....
March 28, 2023
Live news updates from February 10: Russia cuts oil output, US shoots down object above Alaska
BTS manager Hybe buys 14.8% stake in rival SM as it seeks control
...SM, which manages NCT and Aespa as well as Super Junior and Girls’ Generation, is the country’s first publicly listed K-pop agency....
February 10, 2023
ReviewMusic
Edinburgh International Festival review — Trojan Women is visually and musically spectacular
...The score — written by Ahn Sook-Sun with contributions from Parasite film score composer and K-pop star Jung Jae-Il, and played live by a 10-strong orchestra — sounds like something out of sci-fi, too, all...
August 14, 2023
Live news updates from October 18: Russian missiles hit Kyiv for second day, Goldman Sachs announces overhaul
Shares in South Korea’s BTS agency Hybe surge
...BTS have become a global sensation, spearheading a global K-pop craze and releasing hit songs such as “Dynamite” and “Butter” since their debut in June 2013....
October 18, 2022
The Art of FashionThe Art of Fashion: Autumn 2022
K-style — the rise and rise of Korean pop culture
...Unlike K-beauty, contemporary Korean fashion cannot be packaged into one single trend as it includes different influences and styles, from the bodycon streetwear of Hyein Seo to the minimal elegance of Low...
August 22, 2022
Metaverse
Asia’s largest metaverse platform Zepeto ramps up global expansion
...“One of our key strengths has been our relationship with K-pop companies,” said Kang....
September 27, 2022
Shipping
South Korean shipbuilder bets on methanol-powered vessels in decarbonisation push
...“Shipowners are looking for alternative fuel sources other than LNG that can reduce carbon emissions further,” said Yang Jong-seo, a researcher at the Export-Import Bank of Korea....
August 28, 2022
BTS
Boy band BTS rattles K-pop shares by announcing temporary break
...“The problem with K-pop and the whole idol system is that they don’t give you time to mature,” RM said in a video posted on YouTube....
June 15, 2022

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