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.
[ad_1] MOKPO — A Chinese language fishing boat capsized off South Korea’s southwestern Gageo Island on Sunday, leaving three crew members lacking and two others in cardiac arrest, Coast Guard officers stated.The 98-ton vessel sank in worldwide waters about 80 kilometers off Gageo Island at round 6:50 a.m., based on officers.Of the 11 folks on board, six have been initially rescued by one other Chinese language vessel working close by. The Coast Guard later rescued two extra who have been drifting at sea, however each have been present in cardiac arrest and rushed to a hospital, officers stated.The Coast Guard…
[ad_1] Nongshim’s new kimchi-flavored Shin Ramyun / Yonhap Nongshim, the nation’s main prompt noodle maker, mentioned Sunday it is going to launch a brand new kimchi-flavored Shin Ramyun product in international markets subsequent month, constructing on sturdy client response to earlier variations that includes characters from the Netflix animated movie “KPop Demon Hunters.”The corporate plans to introduce a restricted run of Shin Ramyun Kimchi Stir Fry within the home market on Nov. 24 via Emart low cost shops earlier than rolling it out initially in Australia and Taiwan.”With Shin Ramyun Kimchi Stir Fry, we’re concentrating on 60 to 70 markets…
[ad_1] Korea’s most important inventory index recorded its biggest-ever weekly sell-off by international buyers within the first week of November as profit-taking and considerations over a synthetic intelligence (AI) inventory bubble spurred a market retreat, the Korea Trade stated Sunday.From Monday to Friday, international buyers dumped a internet 7.26 trillion received ($4.98 billion) price of shares on the benchmark Korea Composite Inventory Value Index (KOSPI), the bourse operator stated.The quantity marked the most important weekly sell-off by international buyers in KOSPI historical past, surpassing the earlier file of seven.05 trillion received within the second week of August 2021.The KOSPI skilled…
[ad_1] Investor exuberance over synthetic intelligence has pushed fairness costs past their intrinsic values, heightening market volatility. But it stays unsure whether or not such optimism may be deemed “irrational,” stated Howard Marks, co-founder and co-chairman of Oaktree Capital Administration. [ad_2]
[ad_1] Animator Ahn Jae-huun discusses hand-drawn sensibility, constructing a distinctly Korean visible languageSHARJAH, United Arab Emirates — Time slowed down in Sharjah. The emirate’s movie competition moved at its personal languid tempo, with lengthy gaps between screenings and loads of empty hours to fill. Ahn Jae-huun, there as a juror for the animation competitors, had simply come again from a neighborhood museum once we sat down to speak.”I noticed this Chinese language mom and her little boy on the museum in the present day,” he says. “The child was bouncing round in every single place, completely stressed. And I assumed:…
[ad_1] The reigning South Korean baseball champions LG Twins introduced Sunday they’ve re-signed supervisor Youm Kyoung-youb to a three-year contract.The Twins, the 2025 Korean Collection winners, made Youm the highest-paid supervisor in Korea Baseball Group (KBO) historical past by giving him a three-year deal price as much as 3 billion received ($2.06 million). He’ll make 2.1 billion received in complete wage over three years and acquired a signing bonus of 700 million received. Youm could make one other 200 million received in incentives.Youm, 57, led the Twins to their second Korean Collection title in three seasons final month, as they…
[ad_1] MANILA — Storm Fung-wong, a storm with a radius spanning almost everything of the Philippines, reached tremendous hurricane standing on Sunday forward of an anticipated late-night landfall.Catanduanes, a small island the state climate service stated may take a “direct hit”, was already being lashed by wind and rain within the early morning, with storm surges sending waves hurtling over streets alongside the coast.The hurricane, which comes simply days after one other ravaged the nation, was working its means westward with winds of 185 kilometres (115 miles) per hour close to the centre and gusts of as much as 230…
[ad_1] About 100 folks have been evacuated from a Seoul division retailer after a pretend bomb menace was posted on-line, however no explosives have been discovered, authorities stated Sunday.The menace appeared late Saturday on the web neighborhood DC Inside, warning readers to “bolt out of the Lotte Division Retailer in Seoul proper now” and claiming that 5 explosives had been planted on the second flooring, in accordance with police and fireplace officers.An anti-terrorism response staff and different officers have been dispatched to 10 Lotte Division Retailer branches in Seoul, however no explosives have been found.All the shops had already closed…
[ad_1] By Kim Myoung-in, literary critic and professor emeritus of Inha CollegeOnce I first heard about younger Koreans being kidnapped in Cambodia and compelled into working for prison operations involving voice phishing, romance scams, inventory fraud, and different on-line monetary crimes, I believed, properly, I suppose such issues occur generally. I’d simply watched “Citizen of a Sort,” a film a few lady who travels to China to dismantle a voice phishing operation and rescue kidnapped Koreans, so I believed related incidents had been occurring in Cambodia. Nevertheless, as time went on, I spotted that it wasn’t only a small variety of…
[ad_1] The Grammy-nominated soundtrack KPop Demon Hunters continues to make historical past—each in awards season and on the charts.Golden, carried out by the movie’s digital Ok-pop woman group HUNTRIX, has retained the highest spot on the U.Ok. Official Singles Chart for a second consecutive week, marking its tenth week at No. 1 total.In keeping with the most recent chart launched on Friday, Golden ranked No. 1 on the Official Singles High 100 for the week of Nov. 7–13, extending its dominance after reclaiming the crown from Taylor Swift’s The Destiny of Ophelia final week. Swift’s single slipped to No. 2.The…