Kakao billionaire arrested in K-pop market manipulation case

South Korean authorities have arrested Kakao Corp founder Brian Kim over allegations of market manipulation, making the Internet entrepreneur the most prominent business figure in the country in years to wind up in jail. The Seoul Southern District Court made the decision to take the 58-year-old into custody, citing “concerns of evidence destruction and flight”. The...

Suspect in murder of S. Korean tourist in Thailand extradited from Cambodia

SEOUL: One of the three suspects behind the May murder of a South Korean tourist in Pattaya, Thailand has been extradited here Wednesday (July 10), 58 days after he was apprehended in Cambodia. Korea's National Police Agency said the 27-year-old suspect arrived via Incheon International Airport this morning. He was nabbed by police in Phnom Penh, Cambodia...

Hello Kitty, parasites: Inside North Korea trash balloons according to the South

SEOUL (Reuters): Among the trash that balloons carried over the border from North were articles printed with Hello Kitty characters, badly worn clothing, and soil containing traces of human faeces and parasites, South Korea said on Monday. North Korea has flown balloons carrying trash since late May, with hundreds landing in South Korea. South Korea deployed...

Korean YouTuber fatally stabbed while live-streaming in Busan

BUSAN: A South Korean YouTuber in his 50s was apprehended after killing another YouTuber who was live-streaming in Busan, the authorities said on Thursday (May 9). According to the Busan Metropolitan Police, the victim in his 50s was fatally stabbed while live-streaming on YouTube to his approximately 4,000 subscribers during a visit to the Busan District...

The Current State Of All Women In Korea Right Now

All because of one man! South Korea is going through the “Ryu Sunjae” phase, with women watching videos of him anywhere and anytime! Recently, an online community board shared a viral YouTube Shorts video titled, “The current state of Korean women (watching Ryu Sunjae videos all day).” Ryu Sunjae is the fictional character played by actor Byeon Woo Seok in the popular tvN series Lovely...

STB study to address concerns of monopoly by foreign-owned tourism firms

KOTA KINABALU: The Sabah Tourism Board (STB) is conducting a thorough study on the behaviour and spending patterns of South Korean visitors to the state to find ways of addressing the reported monopoly by foreign-owned tourism companies. STB chief executive officer Julinus Jeffrey Jimit said the study's findings would be used to formulate effective promotion strategies...

Record giant Hybe audits NewJeans label as infighting returns to K-pop

South Korea's largest music company is auditing the management of one of its labels as it suspects they are planning to break away, the latest case of infighting in K-pop, one of the world's most popular and profitable music industries. HYBE houses multiple labels behind globally renowned groups including BTS and Seventeen, and its shares fell...

Korean crypto markets hit 2-year trade volume peak

In Q1 2024, Korean crypto markets witnessed their highest trade volume in over two years, with KRW overtaking USD in cumulative trade volume, Kaiko says. Trade volume in Korean crypto markets soared to its highest level in over two years in early March, driven by an improved macroeconomic environment and heightened competition among local exchanges, according...

Agency denies top South Korean actors Kim Sae-ron, Kim Soo-hyun dating rumours

SEOUL (The south Korea herald/ANN): Rumours that top South Korean actors Kim Sae-ron and Kim Soo-hyun are dating, which began circulating after a post was uploaded on the former’s social media account early morning on March 24, are untrue, said the agency representing Kim Soo-hyun later the same day. “The current rumours of Kim Soo-hyun’s romantic...

Korean altcoin issuer detained over $16.1m fraud allegations

A South Korean altcoin issuer was arrested by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Team on March 19, facing fraud charges. The unnamed individual is accused of defrauding investors of $16.1 million, an arrest that follows after a crypto market maker’s failed attempt to flee by sea in December last year. On Dec. 20, 2023, the...