Latest news with #Seoul-based
Arab Times
2 days ago
- Entertainment
- Arab Times
K-Pop group 1VERSE breaks new ground with North Korean defector members in its debut
SEOUL, South Korea, July 19, (AP): With two out of five of its members North Korean defectors, the K-pop group 1VERSE is breaking new ground as it debuts its single album Friday. The band represents an unusual convergence of backgrounds: North Korea-born rapper Hyuk and singer Seok join Nathan from Arkansas, Kenny from Los Angeles, and Aito from Japan. While not the first K-pop act to include North Korean defectors - BE BOYS' Hak Seong debuted earlier this year - the diversity of the group's members add a rare dimension to the genre's growing global diversity. The group debuts Friday with their single album "The 1st Verse' under Seoul-based label Singing Beetle. Their title track "Shattered' features lyrics co-written by Hyuk and Kenny. "With members from different countries all coming together as 1VERSE, I just thought 'we can do this regardless of background' going forward,' said Aito, the group's youngest member from Chiba, Japan. Hyuk, who lived in North Korea's North Hamgyong Province until age 12, defected to the South in 2013. His journey to K-pop stardom began while working in a factory in South Korea, where a chance encounter with the CEO of a music label eventually led to weekend rap lessons in Seoul. "I went to university but then things went bad. It was when COVID was pretty severe, and a bad incident happened, so I had no choice but to work at a factory,' he said. Initially skeptical, Hyuk thought the invitation to become a pop star might be a scam. He recalled thinking: "I really have nothing right now, even if you rob me, not even dust would come out." After a year of meetings where the music executive consistently bought him meals and encouraged his training, Hyuk joined the agency in late 2021. Seok's path was similarly unconventional. A former soccer player who started playing at 8 years old in North Korea, he defected in 2019. He declined to provide additional details, citing safety concerns. After arriving in South Korea, he briefly played for a semi-professional team before pursuing physical education studies. During weekend soccer games he was approached about an idol training program. "I was starting music for the first time, right? So I started with the mindset that if it doesn't work out, I can just stop and try something else,' Seok said. Both members' experiences reflect harsh realities they left behind. Hyuk described spending eight to 10 hours daily collecting firewood as a child just to survive. "Where I lived, we had to collect firewood just to cook rice and survive day by day - it was essential,' he recalled. Hyuk didn't have much access to music growing up. "Since I lived struggling every day, I lived so busily that I wonder if I even had time to listen to music - I didn't have that luxury,' he said. Seok had some exposure to K-pop in North Korea, listening occasionally to f(x)'s "LA chA TA' and Super Junior songs despite it being illegal in North Korea to listen to South Korean music. "I probably heard K-pop back in elementary school. But I couldn't listen often since it was illegal,' he said. Experts and defectors say K-pop and other South Korean pop culture products have emerged as a challenge to North Korea's leadership as they steadily gained popularity among the public. North Korean leader Kim Jong Un has intensified campaigns since the pandemic to eliminate South Korean cultural influence. Nathan, from Arkansas, first encountered K-pop through his Texas-based cousins who were longtime fans. "I would kind of just pretend to be a hater, like urgh, K-pop. And then I just so happened to come across EXO's 'Growl' music video on YouTube,' he recalled. The group's diverse backgrounds are reflected in their training, which includes courses on global citizenship. "We want to be inclusive of everyone's history, everyone's current situations back home,' Kenny explained. Seok expressed excitement about connecting with international fans, particularly in America. "Since I came from North Korea, it's hard to see foreigners there. So I really wanted to see people from other countries,' he said. The group has already gained traction online. Seok described filming emotional video diaries during difficult early training days, which fans responded to with supportive messages. "I filmed that diary video with somewhat emotional, slightly teary feelings. And I uploaded it to TikTok or YouTube, and fans sent me comforting letters," he said. "As soon as I saw the first line, tears came out and I was really touched.' Hyuk acknowledged the attention their North Korean background generates while emphasizing the group's collective identity. "I'm very grateful that people are paying attention to us,' he said. "I think it's okay as long as it doesn't lean too much to one side ... it's not just me but all our members are here too, it's a journey we're creating together.'
3 days ago
- Entertainment
K-pop band 1VERSE debuts with 2 North Korean defector members
SEOUL, South Korea -- With two out of five of its members North Korean defectors, the K-pop group 1VERSE is breaking new ground as it debuts its single album Friday. The band represents an unusual convergence of backgrounds: North Korea-born rapper Hyuk and singer Seok join Nathan from Arkansas, Kenny from Los Angeles, and Aito from Japan. While not the first K-pop act to include North Korean defectors — BE BOYS' Hak Seong debuted earlier this year — the diversity of the group's members add a rare dimension to the genre's growing global diversity. The group debuts Friday with their single album 'The 1st Verse' under Seoul-based label Singing Beetle. Their title track 'Shattered' features lyrics co-written by Hyuk and Kenny. 'With members from different countries all coming together as 1VERSE, I just thought 'we can do this regardless of background' going forward,' said Aito, the group's youngest member from Chiba, Japan. Hyuk, who lived in North Korea's North Hamgyong Province until age 12, defected to the South in 2013. His journey to K-pop stardom began while working in a factory in South Korea, where a chance encounter with the CEO of a music label eventually led to weekend rap lessons in Seoul. 'I went to university but then things went bad. It was when COVID was pretty severe, and a bad incident happened, so I had no choice but to work at a factory,' he said. Initially skeptical, Hyuk thought the invitation to become a pop star might be a scam. He recalled thinking: 'I really have nothing right now, even if you rob me, not even dust would come out." After a year of meetings where the music executive consistently bought him meals and encouraged his training, Hyuk joined the agency in late 2021. Seok's path was similarly unconventional. A former soccer player who started playing at 8 years old in North Korea, he defected in 2019. He declined to provide additional details, citing safety concerns. After arriving in South Korea, he briefly played for a semi-professional team before pursuing physical education studies. During weekend soccer games he was approached about an idol training program. 'I was starting music for the first time, right? So I started with the mindset that if it doesn't work out, I can just stop and try something else,' Seok said. Both members' experiences reflect harsh realities they left behind. Hyuk described spending eight to 10 hours daily collecting firewood as a child just to survive. 'Where I lived, we had to collect firewood just to cook rice and survive day by day — it was essential,' he recalled. Hyuk didn't have much access to music growing up. 'Since I lived struggling every day, I lived so busily that I wonder if I even had time to listen to music — I didn't have that luxury,' he said. Seok had some exposure to K-pop in North Korea, listening occasionally to f(x)'s 'LA chA TA' and Super Junior songs despite it being illegal in North Korea to listen to South Korean music. 'I probably heard K-pop back in elementary school. But I couldn't listen often since it was illegal,' he said. Experts and defectors say K-pop and other South Korean pop culture products have emerged as a challenge to North Korea's leadership as they steadily gained popularity among the public. North Korean leader Kim Jong Un has intensified campaigns since the pandemic to eliminate South Korean cultural influence. Nathan, from Arkansas, first encountered K-pop through his Texas-based cousins who were longtime fans. 'I would kind of just pretend to be a hater, like urgh, K-pop. And then I just so happened to come across EXO's 'Growl' music video on YouTube,' he recalled. The group's diverse backgrounds are reflected in their training, which includes courses on global citizenship. 'We want to be inclusive of everyone's history, everyone's current situations back home,' Kenny explained. Seok expressed excitement about connecting with international fans, particularly in America. 'Since I came from North Korea, it's hard to see foreigners there. So I really wanted to see people from other countries,' he said. The group has already gained traction online. Seok described filming emotional video diaries during difficult early training days, which fans responded to with supportive messages. 'I filmed that diary video with somewhat emotional, slightly teary feelings. And I uploaded it to TikTok or YouTube, and fans sent me comforting letters," he said. 'As soon as I saw the first line, tears came out and I was really touched.' Hyuk acknowledged the attention their North Korean background generates while emphasizing the group's collective identity. 'I'm very grateful that people are paying attention to us,' he said. 'I think it's okay as long as it doesn't lean too much to one side ... it's not just me but all our members are here too, it's a journey we're creating together.' The group's debut single album is available on all major streaming platforms.
UPI
3 days ago
- Business
- UPI
Korea's Mirae Asset tops $300 billion in assets under management
The assets managed by Mirae Asset Global Investments surpassed $300 billion as of the end of last month. Photo courtesy of Mirae Asset Global Investments SEOUL, July 18 (UPI) -- South Korea's Mirae Asset Global Investments said Friday that the company currently manages more than $300 billion in assets, with nearly half of its portfolio managed internationally. The Seoul-based firm noted that its assets under management amounted to $306.3 billion as of the end of June. This means that the figure jumped by more than $50 billion in the first half of this year, up from $256.1 billion last December. Of the total, around 45% is managed in global markets, including the United States, the United Kingdom, Japan, India, Vietnam and Brazil. Mirae Asset said that its exchange-traded fund business supported the solid growth, with the segment's assets under management standing at $150 billion as of June. In particular, the firm relied on inorganic strategies to expand into overseas ETF markets. Mirae Asset acquired Canada's Horizons ETFs in 2011 and renamed it Global X Canada later. The asset manager also took over Global X of the U.S. in 2018 and Australia's ETF Securities in 2022. Over the past 10 years, the global ETF operators posted a compound annual growth rate of 17.8% on average, while Mirae Asset recorded 34.4% during the same period, according to the company. An ETF is a financial instrument designed to track the movements of an index, similar to index funds. It is considered a low-risk investment thanks to its diversified structure, low management fees, and transparent pricing. London-headquartered research firm ETFGI reported Thursday that assets invested in the ETF industry globally rose by $2.14 trillion in the first half of 2025, reaching a record of $16.99 trillion at the end of June. The market is expected to approach $30 trillion by 2029. "Mirae Asset leverages its strong global network, which is active across the world, to carry out global asset allocation and has the capability to utilize a wide range of investment tools," Mirae Asset's Kim Young-hwan said in a statement. He leads the corporation's global business.
San Francisco Chronicle
3 days ago
- Entertainment
- San Francisco Chronicle
K-pop band 1VERSE debuts with 2 North Korean defector members
SEOUL, South Korea (AP) — With two out of five of its members North Korean defectors, the K-pop group 1VERSE is breaking new ground as it debuts its single album Friday. The band represents an unusual convergence of backgrounds: North Korea-born rapper Hyuk and singer Seok join Nathan from Arkansas, Kenny from Los Angeles, and Aito from Japan. While not the first K-pop act to include North Korean defectors — BE BOYS' Hak Seong debuted earlier this year — the diversity of the group's members add a rare dimension to the genre's growing global diversity. The group debuts Friday with their single album 'The 1st Verse' under Seoul-based label Singing Beetle. Their title track 'Shattered' features lyrics co-written by Hyuk and Kenny. From the soccer field and a factory to stardom 'With members from different countries all coming together as 1VERSE, I just thought 'we can do this regardless of background' going forward,' said Aito, the group's youngest member from Chiba, Japan. Hyuk, who lived in North Korea's North Hamgyong Province until age 12, defected to the South in 2013. His journey to K-pop stardom began while working in a factory in South Korea, where a chance encounter with the CEO of a music label eventually led to weekend rap lessons in Seoul. 'I went to university but then things went bad. It was when COVID was pretty severe, and a bad incident happened, so I had no choice but to work at a factory,' he said. Initially skeptical, Hyuk thought the invitation to become a pop star might be a scam. He recalled thinking: 'I really have nothing right now, even if you rob me, not even dust would come out." After a year of meetings where the music executive consistently bought him meals and encouraged his training, Hyuk joined the agency in late 2021. Seok's path was similarly unconventional. A former soccer player who started playing at 8 years old in North Korea, he defected in 2019. He declined to provide additional details, citing safety concerns. After arriving in South Korea, he briefly played for a semi-professional team before pursuing physical education studies. During weekend soccer games he was approached about an idol training program. 'I was starting music for the first time, right? So I started with the mindset that if it doesn't work out, I can just stop and try something else,' Seok said. Limited exposure to K-pop growing up Both members' experiences reflect harsh realities they left behind. Hyuk described spending eight to 10 hours daily collecting firewood as a child just to survive. 'Where I lived, we had to collect firewood just to cook rice and survive day by day — it was essential,' he recalled. Hyuk didn't have much access to music growing up. 'Since I lived struggling every day, I lived so busily that I wonder if I even had time to listen to music — I didn't have that luxury,' he said. Seok had some exposure to K-pop in North Korea, listening occasionally to f(x)'s 'LA chA TA' and Super Junior songs despite it being illegal in North Korea to listen to South Korean music. 'I probably heard K-pop back in elementary school. But I couldn't listen often since it was illegal,' he said. Gaining international traction Experts and defectors say K-pop and other South Korean pop culture products have emerged as a challenge to North Korea's leadership as they steadily gained popularity among the public. North Korean leader Kim Jong Un has intensified campaigns since the pandemic to eliminate South Korean cultural influence. Nathan, from Arkansas, first encountered K-pop through his Texas-based cousins who were longtime fans. 'I would kind of just pretend to be a hater, like urgh, K-pop. And then I just so happened to come across EXO's 'Growl' music video on YouTube,' he recalled. The group's diverse backgrounds are reflected in their training, which includes courses on global citizenship. 'We want to be inclusive of everyone's history, everyone's current situations back home,' Kenny explained. Seok expressed excitement about connecting with international fans, particularly in America. 'Since I came from North Korea, it's hard to see foreigners there. So I really wanted to see people from other countries,' he said. The group has already gained traction online. Seok described filming emotional video diaries during difficult early training days, which fans responded to with supportive messages. 'I filmed that diary video with somewhat emotional, slightly teary feelings. And I uploaded it to TikTok or YouTube, and fans sent me comforting letters," he said. 'As soon as I saw the first line, tears came out and I was really touched.' Hyuk acknowledged the attention their North Korean background generates while emphasizing the group's collective identity. 'I'm very grateful that people are paying attention to us,' he said. 'I think it's okay as long as it doesn't lean too much to one side ... it's not just me but all our members are here too, it's a journey we're creating together.'
Winnipeg Free Press
3 days ago
- Entertainment
- Winnipeg Free Press
K-pop band 1VERSE debuts with 2 North Korean defector members
SEOUL, South Korea (AP) — With two out of five of its members North Korean defectors, the K-pop group 1VERSE is breaking new ground as it debuts its single album Friday. The band represents an unusual convergence of backgrounds: North Korea-born rapper Hyuk and singer Seok join Nathan from Arkansas, Kenny from Los Angeles, and Aito from Japan. While not the first K-pop act to include North Korean defectors — BE BOYS' Hak Seong debuted earlier this year — the diversity of the group's members add a rare dimension to the genre's growing global diversity. The group debuts Friday with their single album 'The 1st Verse' under Seoul-based label Singing Beetle. Their title track 'Shattered' features lyrics co-written by Hyuk and Kenny. From the soccer field and a factory to stardom 'With members from different countries all coming together as 1VERSE, I just thought 'we can do this regardless of background' going forward,' said Aito, the group's youngest member from Chiba, Japan. Hyuk, who lived in North Korea's North Hamgyong Province until age 12, defected to the South in 2013. His journey to K-pop stardom began while working in a factory in South Korea, where a chance encounter with the CEO of a music label eventually led to weekend rap lessons in Seoul. 'I went to university but then things went bad. It was when COVID was pretty severe, and a bad incident happened, so I had no choice but to work at a factory,' he said. Initially skeptical, Hyuk thought the invitation to become a pop star might be a scam. He recalled thinking: 'I really have nothing right now, even if you rob me, not even dust would come out.' After a year of meetings where the music executive consistently bought him meals and encouraged his training, Hyuk joined the agency in late 2021. Seok's path was similarly unconventional. A former soccer player who started playing at 8 years old in North Korea, he defected in 2019. He declined to provide additional details, citing safety concerns. After arriving in South Korea, he briefly played for a semi-professional team before pursuing physical education studies. During weekend soccer games he was approached about an idol training program. 'I was starting music for the first time, right? So I started with the mindset that if it doesn't work out, I can just stop and try something else,' Seok said. Limited exposure to K-pop growing up Both members' experiences reflect harsh realities they left behind. Hyuk described spending eight to 10 hours daily collecting firewood as a child just to survive. 'Where I lived, we had to collect firewood just to cook rice and survive day by day — it was essential,' he recalled. Hyuk didn't have much access to music growing up. 'Since I lived struggling every day, I lived so busily that I wonder if I even had time to listen to music — I didn't have that luxury,' he said. Seok had some exposure to K-pop in North Korea, listening occasionally to f(x)'s 'LA chA TA' and Super Junior songs despite it being illegal in North Korea to listen to South Korean music. 'I probably heard K-pop back in elementary school. But I couldn't listen often since it was illegal,' he said. Gaining international traction Experts and defectors say K-pop and other South Korean pop culture products have emerged as a challenge to North Korea's leadership as they steadily gained popularity among the public. North Korean leader Kim Jong Un has intensified campaigns since the pandemic to eliminate South Korean cultural influence. Nathan, from Arkansas, first encountered K-pop through his Texas-based cousins who were longtime fans. 'I would kind of just pretend to be a hater, like urgh, K-pop. And then I just so happened to come across EXO's 'Growl' music video on YouTube,' he recalled. The group's diverse backgrounds are reflected in their training, which includes courses on global citizenship. 'We want to be inclusive of everyone's history, everyone's current situations back home,' Kenny explained. Seok expressed excitement about connecting with international fans, particularly in America. 'Since I came from North Korea, it's hard to see foreigners there. So I really wanted to see people from other countries,' he said. The group has already gained traction online. Seok described filming emotional video diaries during difficult early training days, which fans responded to with supportive messages. 'I filmed that diary video with somewhat emotional, slightly teary feelings. And I uploaded it to TikTok or YouTube, and fans sent me comforting letters,' he said. 'As soon as I saw the first line, tears came out and I was really touched.' Hyuk acknowledged the attention their North Korean background generates while emphasizing the group's collective identity. 'I'm very grateful that people are paying attention to us,' he said. 'I think it's okay as long as it doesn't lean too much to one side … it's not just me but all our members are here too, it's a journey we're creating together.' The group's debut single album is available on all major streaming platforms.
