Author: Seoul Reporter

The American Chamber of Commerce in Korea (AMCHAM) raised a report scholarship fund price 150 million received ($103,000) throughout its 18th CEO Servers’ Night time on Thursday, bringing collectively key executives throughout the enterprise group to assist underprivileged college students right here.This yr marked the 18th anniversary of the occasion, which was organized by the Companions for the Future Basis, a nonprofit group established in 2000 as AMCHAM’s charitable arm. This yr’s version carried particular that means as the inspiration celebrated its twenty fifth anniversary, internet hosting the most important CEO Servers’ Night time up to now in each participation…

South Korea’s exports reached a document excessive within the third quarter, pushed by sturdy shipments of semiconductors, authorities knowledge confirmed Monday, amid a “tremendous cycle” within the chip business prompted by a growth within the synthetic intelligence (AI) sector.Outbound shipments for the July-September interval got here to $185 billion, up 6.5 p.c from the identical interval final yr, in line with the Ministry of Knowledge and Statistics. It marks the biggest quarterly export determine for the reason that ministry started compiling related knowledge in 2010.The rise additionally marks the second consecutive quarter of year-on-year development, following a 2.1 p.c rise…

Park Bom of 2NE1 has immediately denied her company’s rationalization that she is taking time without work as a result of well being points, including one other twist to the continuing dispute.Park wrote on social media Saturday, “I’ve all the time been fully high quality. Don’t fear, everybody.” The publish was an edited model of a message she uploaded a day earlier that included the hashtag #parkbomelizabeth together with latest pictures.The replace drew consideration because it got here round two weeks after she publicly criticized Yang Hyun-suk, chief producer of YG Leisure.On Oct. 22, Park stated she deliberate to file…

(Courtesy of Getty Photographs) Carve-outs, take-private offers, industrial upgrading and demographic shifts are anticipated to revive Asia’s personal fairness market from a slowdown since 2021. Valuations have adjusted downward, creating extra engaging entry factors, whereas ongoing company restructuring is about to spice up buyout demand. The reopening of IPO home windows will pave the best way for improved exit opportunies, amid rising market liquidity.Portfolio rebalancing by world traders, at present underweight within the area, is predicted to bolster the area’s buyout market, pushed by its strong fundamentals, StepStone stated. (Courtesy of StepStone) Asia personal fairness funds have outperformed the MSCI AC…

A South Korean particular counsel on Monday indicted former president Yoon Suk Yeol on costs of aiding the enemy and abuse of energy — the newest improvement in a authorized saga that features his impeachment from workplace and an ongoing felony trial tied to his choice to impose martial legislation in December.

President Lee Jae Myung on Monday congratulated Korean esports staff T1 on profitable the League of Legends (LoL) World Championships for the third consecutive 12 months, calling it a “exceptional feat.”Lee posted the Fb message, after T1 clinched its third straight LoL title Sunday on the Dong’an Lake Sports activities Park Multifunctional Gymnasium in Chengdu, China, the primary time a staff has achieved such a report within the esports’ historical past.”It’s a exceptional feat that may go down within the historical past of esports,” Lee wrote.Lee stated the Korean staff as soon as once more demonstrated Korea’s energy as an…

Samsung Electronics was evaluated as AAA, the very best grade within the Inner Compliance Program (ICP) for export management, by the Ministry of Commerce, Trade and Assets, the corporate mentioned Monday.The ICP is the federal government’s certification system for corporations that present exemplary compliance with export management laws for strategic objects comparable to semiconductors, community gear and different items. These items are regulated for nationwide safety causes and require administrative procedures to acquire export licenses.The ministry has been working the ICP for strategic objects below a three-tier grading system — AAA, AA and A — to reinforce export transparency and…

Samsung Biologics headquarters in Songdo, Incheon (Picture courtesy of Samsung Biologics) Work paperwork containing delicate private info of roughly 5,000 Samsung Biologics staff, together with resident registration numbers, salaries, and efficiency evaluations, had been uncovered on the inner community in a state accessible to any worker, prompting Samsung Biologics CEO John Lim to say he “sincerely apologizes.” Lim issued an announcement on Nov. 10, saying, “I sincerely apologize for the publicity of staff’ private info to some workers members who didn’t have viewing authorization.” In response to the Samsung Biologics labor union, on Nov. 6, private…

Printed: 10 Nov. 2025, 10:14 HUNTR/X from Netflix’s animated movie ″KPop Demon Hunters″ [NETFLIX]   The soundtrack for Netflix’s hit animated movie “Kpop Demon Hunters” remained at No. 2 in its twentieth week on Billboard’s primary albums chart.   Based on a Billboard preview launched Sunday, the album ranked simply behind international pop star Taylor Swift’s newest studio album, “The Lifetime of a Showgirl,” on the Billboard 200 for the fifth week in a row.   The soundtrack beforehand topped the chart twice earlier than ceding the No. 1 spot to Swift.   The Billboard 200 ranks the preferred albums…

Korea is sending a particular envoy to Angola this week to attend celebrations marking the fiftieth anniversary of the nation’s independence, the international ministry stated Monday.Kim Dong-chan, a retired diplomat and former ambassador to Angola, will participate within the commemorative occasion Tuesday (native time), the ministry stated in an announcement.Throughout his go to, Kim will ship a private letter from International Minister Cho Hyun to Angolan President Joao Lourenco.Korea and Angola have strengthened financial cooperation in recent times, with Korean corporations profitable a number of oil tanker orders from Angola, the continent’s second-largest oil producer.Angola gained independence from Portugal in…