流星蝴蝶剑SEVENTEEN's DK and SEUNGKWAN Team Up for New Unit; Announce Release of First Album_我的网站
A | SEVENTEEN’s DK and SEUNGKWAN are teaming up for a new unit as DxS. Interestingly, they are also slated to release their first mini album, titled Serenade. It is slated for release on January 12, 2025. DxS unveiled a trailer with the caption, 'An Ordinary Love.' It was released through HYBE LABELS official YouTube channel. The video presents a cinematic narrative of lovers on different paths in life that mirrors the album’s emotional arc. The trailer opens with DK unable to hang up an unanswered phone call. Scenes that follow depict him and his loved one existing in the same space yet feeling worlds apart. The symbolism was made apparent through imageries of wilted plants and dried fruit. They hinted at a relationship nearing its end. DK’s monotonous daily rhythm soon shifts when an unexpected encounter introduces new tension and a turning point in the story.SEUNGKWAN appears as a clerk at a comic book café. His character recalls a past love when he sees a customer’s book. A brief smile flickers across his face as he revisits the warmth of the memory, only for the moment to break when he accidentally drops a comic while rushing to hand over the books. The title of the fallen book, Blue, flashes across the scene. It adds intrigue to the unfolding narrative.Serenade, meaning "a love song sung at night," captures every moment between meeting and parting through DK and SEUNGKWAN’s emotional storytelling. About SEVENTEENSEVENTEEN comprises S.COUPS, JEONGHAN, JOSHUA, JUN, HOSHI, WONWOO, WOOZI, THE 8, MINGYU, DK, SEUNGKWAN, VERNON and DINO. The group went on to solidify their global presence with FML. It had sold more than 6.4 million copies and became the IFPI-certified top-selling album worldwide in 2023. Celebrating their 10th anniversary this year, the K-Pop group have also released HAPPY BURSTDAY. It debuted at No. 2 on the Billboard 200. The group’s touring success has been equally remarkable, ranking No. 1 among K-Pop acts and No. 3 overall on Billboard’s 2025 midyear Boxscore charts. Also Read: HYBE CINE FEST Brings K-Pop to Indian Theatres。  The yen has weakened in recent days, edging closer to the psychologically important 160 level against the US dollar. The decline comes despite the widely watched move by Washington to join Tokyo in supporting the currency. Less than two weeks after the US-Japan intervention, the yen has given up roughly half of its gains, raising fresh questions over the effectiveness of coordinated efforts to stabilize the exchange rate. Japan and the US had previously confirmed coordinated foreign exchange intervention to prop up the yen after the currency tumbled to a nearly 40-year low. At the time, some observers saw the move as potentially stabilizing the yen in the short term, although its longer-term impact remained uncertain. However, the subsequent market reaction suggests that even the short-term effect may have been limited. After strengthening to about 155 per dollar in the days following the intervention from above 163, the yen had slipped back above 159 by Wednesday, less than two weeks later. Questions have emerged over whether further support for the yen may soon be needed, and whether Washington would consider stepping in again. The previous intervention was seen by some observers as a test of market confidence: the unusual coordinated move had the potential to influence market expectations and discourage bets against the yen. But if market expectations remain largely unchanged, repeated interventions could deliver diminishing returns. The US may face a difficult trade-off. Another intervention could require greater resources and come at a higher cost, while refraining from further action could raise questions over the lasting impact of the previous effort. Market commentary has added to the uncertainty. Axios published a report headlined "Yen's weakness shows market isn't done pushing," while some reports suggested that the impact of the US-Japan intervention was beginning to fade. Such narratives could weigh on sentiment toward the yen and reinforce market expectations that the currency's weakness may persist. Washington's involvement in supporting the yen may reflect broader economic and policy considerations. These could include avoiding a scenario in which Japan sells US Treasury holdings to support the currency, as well as concerns that a weaker yen could give Japanese exporters a greater competitive advantage. These possible considerations suggest that the intervention alone does not fully address the underlying forces behind the yen's weakness. This may help explain why the market has so far been reluctant to view the move as a turning point for the currency. Washington's decision to join the intervention may have reflected concerns, as some observers suggest, that the yen's prolonged weakness had begun to affect US interests. If markets remain unconvinced by the US-Japan intervention, one possible outcome is that Washington could push Japan to take more costly measures to support the yen. Such a scenario could instead create some strain between Washington and Tokyo. Beyond short-term market dynamics, the yen's weakness also reflects deeper challenges facing the Japanese economy, making a sustained reversal difficult. The currency's prolonged weakness has been influenced by the interest rate gap between Japan and the US, while also reflecting longer-term concerns over the diminishing returns of Japan's traditional growth model. This leaves Japan facing a delicate policy balance between supporting growth and stabilizing the currency. While lower interest rates could help boost economic activity, continued weakness in the yen may strengthen calls for Japan's central bank to consider further rate increases to narrow the interest rate gap with the US. Japan's structural challenges mean that a sustained appreciation of the yen will not be easy to achieve. The question of whether to pursue stronger measures, even at the cost of some economic growth, has become more complicated as the US takes a role in the issue. Japan may face greater pressure to support the currency, even though doing so would be difficult and could carry broader economic costs. The author is a reporter with the Global Times. [email protected] 。
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