Category: South Korea

British American Tobacco Pays U.S. $635 Million for North Korea Cigarette Scheme

Prosecutors in the United States said the firm secretly did business with North Korea through an intermediary, violating sanctions. The company apologized.
Twitter Removes ‘Government-Funded’ Labels From NPR and Other Media Accounts

NPR and public broadcasters in Canada, Australia and New Zealand had criticized the label as misleading. The CBC and NPR have suspended the use of their Twitter accounts in protest.
Moonbin, Member of K-Pop Band ASTRO, Dies at 25

The K-pop star was found dead on Wednesday at his home in Seoul.
Sulwhasoo, the Korean Beauty Brand, Partners with the Metropolitan Museum of Art

Amorepacific partners with the Metropolitan Museum of Art to expand the reach of Sulwhasoo, their luxury Korean beauty brand.
In K-Pop’s Quest for Global Growth, Korean Fans Feel Cast Aside

A bidding war for a K-pop label — a deal with global ramifications for the genre — has left listeners in its home market questioning their relevance.
LG Will Spend $5.5 Billion on a Battery Factory in Arizona

The New York Times – Business:
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Crypto Fugitive Do Kwon Is Arrested in Montenegro, Authorities Say

The New York Times – Business:
Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was headed to Dubai, Montenegro’s Interior Ministry said.
Bullying Accusations Snare K-Pop Stars and Athletes in South Korea

The New York Times – Sports:
In South Korea, such allegations have affected the careers of public figures. The takedowns have public support, but critics wonder if some go too far.
Can K-Pop Make the Metaverse Cool?

The New York Times – Business:
In the world’s testing ground for tech, K-pop singers are being spun up out of pixels and doing battle in a virtual universe.
How Asian Americans Are Redefining the Lunar New Year

The New York Times – Fashion & Style:
Some younger Asian Americans are creating their own holiday traditions, putting their own spin on lessons they’ve learned.
Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia

The New York Times – Business:
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
As China Reopens Its Borders, Mixed Feelings at Home and Abroad

The New York Times – Business:
Friends and families are planning reunions; tourists are booking flights. But amid the anticipation, there’s a whiff of anxiety.