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Tongil Group
Tongil Group ( ko, 통일그룹) is a Korean business group ( chaebol) associated with the Unification Church (UC). (“Tongil” is Korean for “unification,” the name of the Unification Church in Korean is “Tongilgyo.”) It was founded in 1963 by Unification Church founder Sun Myung Moon (following the purchase of a surplus Japanese lathe in 1962 page 151.) as a nonprofit organization which would provide revenue for the UC. Its core focus was manufacturing but in the 1970s and 1980s it expanded by founding or acquiring businesses in pharmaceuticals, tourism, and publishing. In 1998 Tongil Group was about 35th in size among South Korean business groups and was in the process of expanding into North Korea, with the blessing of the South Korean government which had previously forbidden relationships between North Korea and South Korean businesses. In the 1990s Tongil Group suffered as a result of the 1997 Asian Financial Crisis. By 2004 it was losing money and was $3.6 b ...
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Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shareh ...
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Tongil Industries Company
Tongil Group ( ko, 통일그룹) is a Korean business group ( chaebol) associated with the Unification Church (UC). (“Tongil” is Korean for “unification,” the name of the Unification Church in Korean is “Tongilgyo.”) It was founded in 1963 by Unification Church founder Sun Myung Moon (following the purchase of a surplus Japanese lathe in 1962 page 151.) as a nonprofit organization which would provide revenue for the UC. Its core focus was manufacturing but in the 1970s and 1980s it expanded by founding or acquiring businesses in pharmaceuticals, tourism, and publishing. In 1998 Tongil Group was about 35th in size among South Korean business groups and was in the process of expanding into North Korea, with the blessing of the South Korean government which had previously forbidden relationships between North Korea and South Korean businesses. In the 1990s Tongil Group suffered as a result of the 1997 Asian Financial Crisis. By 2004 it was losing money and was $3.6 b ...
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Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shareh ...
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Unification Church Affiliated Organizations
Unification or unification theory may refer to: Computer science * Unification (computer science), the act of identifying two terms with a suitable substitution * Unification (graph theory), the computation of the most general graph that subsumes one or more argument graphs (if such a graph exists) * Han unification, an orthographic issue dealt with by Unicode Physics * Unification (physics) of the observable fundamental phenomena of nature is one of the primary goals of physics * Grand Unified Theory, a model in particle physics * Unified field theory, a type of field theory Popular culture * ''Unification'' (album), a 1998 album by the band Iron Savior * "Unification" (Star Trek: The Next Generation), a two-part episode of ''Star Trek: The Next Generation'' Sport * The act of producing an undisputed championship in boxing * The act of producing an undisputed championship in professional wrestling Other uses * Semantic unification, in philosophy, linguistics, ...
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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazin ...
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JoongAng Daily
''Korea JoongAng Daily'' is the English edition of the South Korean national daily newspaper ''JoongAng Ilbo''. The newspaper was first published on October 17, 2000, originally named as ''JoongAng Ilbo English Edition''. It mainly carries news and feature stories by staff reporters, and some stories translated from the Korean language newspaper. ''Korea JoongAng Daily'' is one of the three main English newspapers in South Korea along with ''The Korea Times'' and ''The Korea Herald''. The newspaper is published with a daily edition of ''The New York Times'' and it is located within the main offices of the ''JoongAng Ilbo'' in Sangam-dong, Mapo-gu, Seoul Seoul (; ; ), officially known as the Seoul Special City, is the Capital city, capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the North Korea, Democratic People's Republic of Korea (North Korea .... See also * List of newspapers in South Korea References External linksOf ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Stev ...
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Little Angels Children’s Folk Ballet Of Korea
The Little Angels Children’s Folk Ballet of Korea is a Korean traditional art and dance troupe made up of elementary and middle school children, founded in 1962 by Sun Myung Moon, the founder of the Unification Church, to project a positive image of South Korea to the world. page 67. "My plan was to have these seventeen children learn how to dance and then send them out into the world. Many foreigners knew about Korea only as a poor country that had fought a terrible war. I wanted to show them the beautiful dances of Korea so that they would realize that the Korean people are a people of culture." In 1973 they performed at the United Nations Headquarters in New York City. The group’s dances are based on Korean legends and regional dances, and its costumes on traditional Korean styles. Choral singing by the troupe in many languages is also featured. The Little Angels are supported financially by the Tongil Group, a South Korean business group associated with the Unification Chu ...
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Sun Moon University
Sun Moon University is a university located in Asan, Chungcheongnam-do, South Korea. Sport The university's football team participated in the 2014 IFA Shield tournament. Notable people *Oh Jung-se Oh Jung-se (born February 26, 1977) is a South Korean actor. He is best known for his roles in the television series ''Missing 9'' (2017), ''When the Camellia Blooms'' (2019), ''Hot Stove League'' (2019), and ''It's Okay to Not Be Okay'' (2020) ..., actor. * Kim Jong-woo, South Korean footballer. * Jo Hyeon-woo, South Korean footballer. References External linksSun Moon University Cheonan Unification Church affiliated organizations Private universities and colleges in South Korea Universities and colleges in South Chungcheong Province Educational institutions established in 1986 1986 establishments in South Korea {{SouthKorea-university-stub ...
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South Korean Military
The Republic of Korea Armed Forces (), also known as the ROK Armed Forces, are the armed forces of South Korea. The ROK Armed Forces is one of the largest and most powerful standing armed forces in the world with a reported personnel strength of 3,305,000 in 2020 (555,000 active and 2,750,000 reserve). As a result of its size and equipment, it is ranked the 6th most powerful military on the planet by the Global Firepower Index as of 2022. The Republic of Korea Armed Forces traces its root back to the establishment of the Korean Republic in 1919 wherein its armed wing was called the Korean Liberation Army and it conducted warfare against the Japanese occupation by conducting large-scale offensives, assassinations, bombings, sabotage, and search and rescue missions. Formally founded in 1948, following the establishment of the Republic of Korea’s government after the liberation of Korea in 1945. South Korea's military forces are responsible for maintaining the sovereignty and te ...
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Ginseng
Ginseng () is the root of plants in the genus '' Panax'', such as Korean ginseng ('' P. ginseng''), South China ginseng ('' P. notoginseng''), and American ginseng ('' P. quinquefolius''), typically characterized by the presence of ginsenosides and gintonin. Ginseng is most commonly used in the cuisines and medicines of China and Korea. Although ginseng has been used in traditional medicine over centuries, modern clinical research is inconclusive about its medical effectiveness. There is no substantial evidence that ginseng is effective for treating any medical condition, and in the United States, for example, its use has not been approved by the US Food and Drug Administration (FDA) as a prescription drug. Although ginseng is commonly sold as a dietary supplement, inconsistent manufacturing practices for supplements have led to analyses showing that ginseng products may be contaminated with toxic metals or unrelated filler compounds, and its excessive use may have adverse eff ...
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Unification Church
The Family Federation for World Peace and Unification, widely known as the Unification Church, is a new religious movement, whose members are called Unificationists, or " Moonies". It was officially founded on 1 May 1954 under the name Holy Spirit Association for the Unification of World Christianity (HSA-UWC) in Seoul, South Korea, by Sun Myung Moon (1920–2012). Moon and his wife Hak Ja Han were the leaders of the church and are honored by its members as their "True Parents." The beliefs of the Unification Church are based on Moon's book the ''Divine Principle.'' The movement is well known for its "Blessing" or mass wedding ceremonies. The Unification Church has been criticized for its teachings and for its social influence, with some critics calling it a " dangerous cult". Its involvement in politics include anti-communism and support for Korean reunification.Kent, Stephen A., ''From Slogans to Mantras: Social Protest and Religious Conversion in the Late Vietnam War Era ...
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