Author: Seoul Reporter

The Seoul Reporter is an independent news platform uncovering untold stories from the heart of Korea. Our team of journalists and contributors expose corruption, highlight innovation, and bring unfiltered truth to readers worldwide from Seoul’s power corridors to its underground culture.

President Lee Jae Myung’s approval score rose for the second consecutive week, pushed by optimistic sentiment towards his diplomacy and financial insurance policies, a survey confirmed Monday.In keeping with the survey by Realmeter commissioned by a neighborhood information outlet, 56.7 % gave a optimistic evaluation of Lee’s job efficiency, up 3.7 share factors from the earlier week.Unfavorable evaluation of Lee fell 4.6 share factors to 38.7 %.Realmeter attributed the rise earlier final week to optimism surrounding Lee’s diplomatic actions and financial outlook following the Asia-Pacific Financial Cooperation (APEC) summit, a bullish inventory market and his annual finances speech.The pollster stated…

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A world synthetic intelligence (AI) occasion kicked off Monday in Seoul, showcasing the most recent tendencies and applied sciences within the AI sector, the Korea Worldwide Commerce Affiliation (KITA) mentioned.Co-hosted by KITA and DMK World, a tech-focused content material publishing firm, the AI Summit Seoul & Expo 2025 can be held for 2 days at Seoul’s COEX conference middle, bringing collectively over 70 firms within the expertise and AI sectors, together with Google Cloud, IBM and KT, in line with KITA.World leaders, together with Wen Sang, the co-founder of the AI agent Genspark, and Luc Julia, the chief scientific officer…

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NPS Funding Administration headquarters (Courtesy of NPS) The Nationwide Pension Service, South Korea’s state-run pension scheme, is contemplating utilizing its annual tactical asset allocation (TAA) plan to boost the ceiling on home inventory investments, in keeping with folks conversant in the matter on Sunday. The potential transfer may give the nation’s largest institutional traders, which can also be the world’s third-largest pension fund, extra room to purchase native shares after this yr’s runaway bull market pushed it near its strategic limits.The NPS’s home fairness share has already exceeded 17% of whole belongings, surpassing its year-end goal of 14.9% and nearing…

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Dramas set within the leisure {industry} have hardly ever drawn sturdy rankings. Many have explored relationships between stars and non-celebrities, but few have linked with viewers. The brand new tvN collection “Good to Not Meet You,” led by Lee Jung-jae and Lim Ji-yeon, is now trying to reverse that development.The collection, which premiered on Nov. 3, follows a disgraced actor and an leisure reporter locked in a battle of pleasure, details and shifting perceptions. Director Kim Ga-ram, identified for “Good Accomplice” and “Nonetheless,” teamed up with author Jung Yeo-rang, who created the hit drama “Physician Cha.”Different dramas corresponding to tvN’s…

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A 13,000-TEU container service constructed and delivered by HD Hyundai Heavy Industries undergoes sea trials. (Picture courtesy of HD Hyundai Heavy Industries) HD Hyundai Heavy Industries introduced on Nov. 10 that it has signed a shipbuilding contract with Regional Container Traces, the world’s Twenty first-largest delivery firm by working capability, for 2 container ships. The contract is valued at a complete of 435.3 billion gained (roughly $299.65 million). The newly ordered ships are ultra-large 13,800-TEU-class vessels measuring 337 meters in size, 51 meters in width, and 27.3 meters in top. Specifically, a scrubber – an exhaust…

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The most effective celebration in Seoul this weekend will not be in a nightclub — it will be on the underground warehouse of dbBOOKS, an importer, distributor and retailer of books printed in English.Twice a yr, dbBOOKS invitations readers into its warehouse for the Welcome to Our Warehouse (WOW) Household Sale.”What makes the Warehouse Sale/dbBOOKS particular to me is the unimaginable assortment of overseas books to select from and it is vitally inexpensive too,” stated Daniela, 30, from Austria. “Though you may order on-line anytime of the yr, going to the warehouse sale is a really enjoyable expertise, as you…

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Midfielder Lee Dong-gyeong will miss Korea’s two upcoming pleasant matches because of a rib fracture he sustained throughout his membership match over the weekend.Ulsan HD FC of the Okay League 1 introduced Monday that Lee will want at the least 4 weeks of restoration after breaking a rib through the group’s 1-0 win over Suwon FC yesterday.With Ulsan having solely two extra matches left this season, Lee will possible miss the remainder of the yr and also will not be out there for the nationwide group for friendlies towards Bolivia on Friday and Ghana subsequent Tuesday.Lee damage his rib after…

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MANILA, Philippines — Hurricane Fung-wong blew out of the northwestern Philippines on Monday after setting off floods and landslides, knocking out energy to complete provinces, killing no less than two folks and displacing greater than 1.4 million others.It was forecast to move northwest towards Taiwan.Fung-wong lashed the northern Philippines whereas the nation was nonetheless coping with the devastation wrought by Hurricane Kalmaegi , which left no less than 224 folks useless in central provinces on Tuesday earlier than pummeling Vietnam, the place no less than 5 had been killed.Fung-wong slammed ashore in northeastern Aurora province on Sunday night time as…

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The seek for two lacking staff entered its fifth day Monday after a boiler tower collapsed at a thermal energy plant within the southeastern metropolis of Ulsan.A complete of seven staff have been initially trapped on the plant of the Ulsan department of Korea East-West Energy, a state-run utility firm, on Thursday.Three our bodies have been recovered, whereas 4 persons are nonetheless trapped, together with two who’re presumed useless.Firefighting authorities stated drones have been despatched contained in the particles in a single day to assist within the search however did not find the lacking.Search personnel have withdrawn from the positioning…

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A inventory investor checks inventory costs along with his cell phone. (Captured from YTN) Financial institution sector funds exceeding 7.6 trillion gained have moved to the inventory market in simply 4 days, accelerating the cash transfer phenomenon. Regardless of synthetic intelligence (AI) bubble issues and inventory index changes that emerged this month, the KOSPI has surged over 20% previously three months, and particular person traders’ pursuit of dangerous belongings is anticipated to accentuate additional. In response to the monetary sector on Nov. 10, the excellent credit score mortgage stability on the 5 main banks—KB Kookmin, Shinhan,…

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