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South Korea Intensifies Crackdown on 710 Habitual Tax Evaders, Exposing Elaborate Schemes

South Korea Intensifies Crackdown on 710 Habitual Tax Evaders, Exposing Elaborate Schemes

Photo=South Korea's National Tax Service South Korea's National Tax Service (NTS) has identified 710 individuals for alleged habitual and large-scale tax evasion, with total unpaid taxes surpassing $730 million. The agency revealed that some individuals owe as much as $36.5 million in back taxes, underscoring the severity of the issue. Investigators uncovered a range of sophisticated evasion tactics. Among the

Jun 11 2025
04:03 PM PDT
Jung Seok-jun, Son of Hyundai Card Vice Chairman, Launches Golf Media Brand in U.S.

Jung Seok-jun, Son of Hyundai Card Vice Chairman, Launches Golf Media Brand in U.S.

(Photo=Lydia Ko instagram) Jung Seok-jun, son of Jung Tae-young, Vice Chairman of Hyundai Card—a major South Korean credit card and fintech company, and nephew of Hyundai Motor Group Chairman Chung Eui-sun, has launched a golf fashion and media startup in the U.S. According to business filings, Jung established Antipodes Golf LLC in December 2023 in California, where he serves as

Jun 11 2025
10:00 AM PDT
HiteJinro Teams Up with ‘Squid Game Season 3’ to Expand Global Reach

HiteJinro Teams Up with ‘Squid Game Season 3’ to Expand Global Reach

(Photo=HiteJinro) South Korea’s leading alcoholic beverage company HiteJinro is collaborating with Netflix’s global hit series Squid Game Season 3 to launch a limited-edition Chamisul soju set, aiming to bolster its international marketing and further fuel the global “K-soju” trend. The company announced on June 10 that the special edition product will be released in 18 countries, including the United States,

Jun 11 2025
09:00 AM PDT
“Moon Seo-yoon, Shinsegae Heiress, to Debut as K-pop Idol ‘Annie’ in ALLDAY PROJECT”

“Moon Seo-yoon, Shinsegae Heiress, to Debut as K-pop Idol ‘Annie’ in ALLDAY PROJECT”

Photo=Annie instagram Moon Seo-yoon, scion of South Korea's corporate dynasty as granddaughter of Shinsegae Group CEO Lee Myung-hee, is set to debut as K-pop idol "Annie" in The Black Label's new co-ed group ALLDAY PROJECT. The 23-year-old Ivy League student - whose mother Jung Yoo-kyung leads Korea's top luxury department store chain - will join four others when the group

Jun 10 2025
12:00 PM PDT
SK Hynix and Seoul National University Develop Clone-Proof Security Memory

SK Hynix and Seoul National University Develop Clone-Proof Security Memory

SK Hynix, the world’s second-largest memory chipmaker, has partnered with Seoul National University, South Korea’s most prestigious public university, to develop a breakthrough security technology that enables clone-resistant encryption directly within NAND flash memory. The advancement opens the door to embedding security features in storage devices without the need for additional hardware, positioning SK Hynix to potentially enter the secure

Jun 10 2025
10:00 AM PDT