Author: Seoul Reporter

(Photograph courtesy of Rebellions) AI semiconductor startup Rebellions has accomplished a remaining funding spherical of 350 billion gained after securing extra funding from abroad enterprise capital companies. Rebellions introduced on Nov. 10 that it has finalized its 350 billion gained funding spherical by securing new traders together with main U.S. enterprise capitals (VCs) Kindred Ventures and Prime Tier Capital Companions. Kindred Ventures, a distinguished Silicon Valley-based VC that made early investments in modern firms akin to Perplexity and Uber, made its first funding in a Korean startup with Rebellions. Prime Tier Capital Companions can also…

BANGKOK — Thailand threatened on Monday to droop a U.S.-brokered ceasefire settlement with Cambodia , with the nation’s prime minister saying all actions beneath the deal will likely be halted, simply hours after a land mine explosion within the unstable border space injured two Thai troopers.Thailand and Cambodia signed a truce settlement at a summit in Malaysia final month, after territorial disputes between the 2 Southeast Asian neighbors led to a five-day lethal fight in late July that killed dozens.Tensions have simmered and there have been comparable land mine explosions — each earlier than and after the clashes, together with…

A brand new survey revealed on Monday that 75 p.c of Seoul residents now drink the town’s faucet water, generally known as Arisu, with extra folks expressing belief in and satisfaction with its high quality.The annual report by the Seoul Metropolitan Authorities, drawing on information from 1,000 adults, discovered that 75 p.c now drink Arisu faucet water — a file excessive, up 5.4 share factors from the earlier 12 months.Throughout Korea’s breakneck industrialization within the Nineteen Seventies and ’80s, the nation’s faucet water was broadly thought to be unsafe, hobbled by getting old pipes, inadequate filtration and unchecked industrial runoff…

Democratic Occasion ground chief Kim Byung-kee speaks at a press briefing from the Nationwide Meeting on Nov. 9, 2025. (Yonhap) The choice by prosecutors to forgo an enchantment in a corruption case surrounding growth in Seongnam’s Daejang neighborhood has provoked polar reverse reactions from the ruling and opposition events.The ruling Democratic Occasion defended the prosecutors’ “efforts at self-correction,” whereas the opposition Individuals Energy Occasion vehemently denounced what members known as the “abuse of energy to impede an investigation.”On Oct. 31, the Seoul Central District Courtroom sentenced a number of figures for his or her roles in a corruption scandal associated…

Bae Jae-hyun, former Kakao chief funding officer / YonhapMirae Asset Securities faces a high-profile lawsuit from a former Kakao govt searching for compensation for property linked to a 2023 cybersecurity incident, which he claims are actually valued at 11 billion received ($7.56 million), in accordance with firm and authorized sources, Monday.The cyberattack, which occurred between October and November 2023, allegedly siphoned a complete of seven.66 billion received — 3.73 billion received in money and three.93 billion received in shares — from a Mirae Asset Securities account belonging to Bae Jae-hyun, former chief funding officer at Kakao.The incident befell whereas Bae…

Actor Track Kang made a extremely anticipated return to the highlight together with his first fan assembly since finishing his army service — an occasion that offered out inside minutes.On Nov. 8, Track met his followers at Yonsei College’s Centennial Corridor in Seoul for “2025 SONG KANG FANMEETING ROUND 2 IN SEOUL,” an emotional occasion marking his home comeback. The gathering offered out all seats as quickly as tickets opened, underscoring his unwavering recognition regardless of a two-year hiatus.Opening with a placing video that highlighted his trademark visuals, Track carried out Delispice’s “Confession,” kicking off the present on an emotional…

Shinhan Financial institution has turn out to be the primary overseas issuer of transition bonds in Japan’s Samurai bond market, elevating 40 billion yen ($260 million) to finance initiatives that promote carbon discount and power effectivity amongst high-emission industries.The South Korean industrial lender mentioned on Monday that it bought yen-denominated bonds in three tranches, together with two-year notes at 1.322%, three-year and three-month notes at 1.556% and a five-year observe at 1.732%. Nomura Securities, Daiwa Securities and Mizuho Securities organized the bond sale.Robust investor demand, notably from abroad institutional traders, prompted Shinhan to extend the deal measurement by 10 billion…

WASHINGTON — President Donald Trump is internet hosting Syrian President Ahmad al-Sharaa on the White Home on Monday, welcoming the once-pariah state right into a U.S-led international coalition to struggle the Islamic State group.It is the primary go to to the White Home by a Syrian head of state because the Center Japanese nation gained independence from France in 1946 and comes after the U.S. lifted sanctions imposed on Syria in the course of the many years the nation was dominated by the Assad household. Al-Sharaa led the insurgent forces that toppled former Syrian President Bashar Assad final December and…

Justice Minister Jung Sung-ho denied Monday that President Lee Jae Myung had any half within the prosecution’s latest choice to not attraction a high-profile growth corruption case stemming from his time as mayor of Seongnam.Jung made the comment as he arrived for work on the justice ministry in Gwacheon, Gyeonggi Province, as controversy has flared up over the prosecution’s failure to attraction the case by final Friday’s deadline, which critics allege was a results of authorities interference.”What does this case should do with President Lee?” he mentioned in response to a associated query from a reporter. “President Lee was individually…

Netmarble and Coway Chairman Bang Jun-hyuk is gaining consideration for selling social values via initiatives that transcend company revenue by leveraging his firm’s core experience.In keeping with a press launch from Netmarble, beneath Bang’s management social contribution efforts at Netmarble and Coway have been refocused on sustained, expertise-based engagement reasonably than one-time donations.A key automobile for these efforts is the Netmarble Cultural Basis, chaired by Bang, which promotes the concept that video games can function a constructive cultural content material.The inspiration’s flagship program Recreation Communication College helps bridge generational gaps by encouraging mother and father and kids to play and…