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.

Arsenal confirmed their advancement to the UEFA Champions League semifinals with a resilient 0-0 draw against Sporting CP in the quarterfinal second leg at the Emirates Stadium. The aggregate score stood at 1-0, thanks to Kai Havertz’s dramatic late winner in the first leg.Declan Rice Dominates and Delivers VerdictDeclan Rice starred in the match, showcasing his influence even in the goalless stalemate. The midfielder grabbed a crucial assist earlier in the campaign, underscoring Arsenal’s strong European form with four consecutive victories leading into this tie.Ahead of a pivotal Premier League showdown, Rice issued a bold statement targeting rivals Man City.…

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Lotte Department Store’s Jamsil branch opens an exclusive Polo Ralph Lauren pop-up store at EBINYU underground level 1, running from the 18th to the 29th. This temporary shop targets young shoppers aged 18 to 29 and features the brand’s latest 2026 spring/summer collections.Featured Collections and Exclusive ItemsThe pop-up highlights Polo’s core collections alongside standout 2026 S/S new releases, such as the ‘Polo Play’ handbag line. Shoppers can find exclusive bear charms: three new designs tailored to the bag’s fresh aesthetic and one Western-themed variant. These four charm types are available only at this location.Customer Engagement and PromotionsAnticipation runs high among…

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In the 31st installment of the popular dating reality show I’m SOLO, aired on ENA and SBS Plus, 14 out of 31 male contestants selected the ‘first date state’ during the initial date lineup, sparking intense competition among the solo participants. First Date Selections Ignite Passion The episode featured solos making bold choices in the ‘big day date’ and ‘mutual selection’ segments. Despite the pressure, many men opted for the first state post-selection, driven by strong first impressions and lingering affections. One young woman exclaimed, “I’m going out!” upon realizing the situation, overwhelming her partner who responded straightforwardly. After the…

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Lakeland Financial Corp. (NASDAQ: LKFN) held its annual shareholders’ meeting where attendees elected 13 directors and approved a major shareholder proposal. The results appear in the latest SEC filing.Board of Directors ElectionShareholders selected A. Faraz Abbasi, Blake W. Augsburger, Robert E. Bartels, Jr., Darrianne P. Christian, Melinda J. Creighton Truex, David M. Findlay, Emily E. Pichon, istin L. Pruitt, Steven D. Ross, Brian J. Smith, Daniel B. Starr, Bradley J. Toothaker, and M. Scott Welch to serve until 2027. Robert E. Bartels, Jr. received the strongest support with 19,098,273 votes for, 614,607 broker non-votes, and 2,872,162 abstentions.Key Shareholder ApprovalsInvestors endorsed…

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American Strategic Investment Co. (ASIC) experienced a sharp revenue decline in the fourth quarter of 2025, with figures dropping to $6.5 million, marking a 56.4% decrease from the prior year. Full-year revenue for 2025 reached $43.3 million, down 29.8% compared to 2024. Despite these setbacks, the company’s stock surged 9.96% to $7.88 per share following the earnings release, reflecting investor confidence in its strategic shifts.Financial HighlightsAnalysis reveals significant improvements in several areas amid the revenue downturn. Annual net losses narrowed dramatically to $21.2 million from $140.6 million in 2024, an 84.9% enhancement driven by real estate dispositions. Adjusted EBITDA stood…

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Jefferies analysts have increased their price target for Allogene Therapeutics Inc. (NASDAQ:ALLO) from $6 to $10 per share while upgrading the rating to buy from hold. The new target represents a potential 400% upside from the current stock price near $2.02, though it remains below the prior peak of $14. Positive Data Drives Upgrade Analysts cite compelling mid-stage data from Allogene’s lead therapy, cema-cel, as the key factor. The treatment demonstrates the lowest toxicity profile to date alongside robust efficacy and safety results that surpass expectations. Strong central imaging data and faster-than-anticipated patient recruitment further support the bullish outlook. Cema-Cel:…

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Moleculin Biotech, Inc. (NASDAQ: MBRX) announced results from its recent special shareholder meeting via a U.S. Securities and Exchange Commission (SEC) filing. Shareholders approved the exercise of 6,367,956 warrants, marking the largest such action from warrants issued on February 20, 2026.Warrant Exercise DetailsThe approved warrants included 854,036 ordinary shares, 211,394 preferred shares, and 7,489 founder shares. Brokers exercised 1,310,070 shares. The exercise price stood at $2.44 per share, reflecting an 88% premium over the one-year low and 80% above the six-month low.Before the exercise, outstanding voting shares totaled 4,933,110. The transaction adjusted direct ownership by 2,382,989 shares, maintaining accurate share…

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Iran’s Foreign Ministry spokesman Esmail Baghaei announced on April 15 that negotiations continue indirectly with the United States through third countries, including China, even after the initial comprehensive talks held recently in Tehran. Ongoing Message Exchanges via Pakistan Baghaei stated that Iran’s delegation has maintained sequential messaging with the US through Pakistan since returning from Islamabad. “We expect to host a senior Pakistani delegation in Tehran soon,” he added. “This visit will allow in-depth discussions on our positions shared with the US and detailed assessments from both sides.” Both nations acknowledge the need for dialogue, paving the way for talks…

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Inspired Entertainment Inc. (NASDAQ:INSE) has signed a strategic partnership agreement with Playtech (LSE:PTEC) to deploy a SaaS-based sports betting solution. The deal integrates Playtech’s sportsbook platform across all of Inspired’s land-based operations, enabling a comprehensive sports betting portfolio.Strategic Move Amid Market ChallengesThe partnership comes despite Inspired’s market capitalization of $189.69 million, which reflects a 25% decline from the start of the year. Shares currently trade at $7.01, with analysis indicating the stock remains undervalued. Experts project a fair value range of $10 to $20 per share, with the next earnings report scheduled in 28 days.Integration and Technology DetailsThe collaboration merges…

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Polaris Inc. (NYSE:PII) shares dropped 11% in after-hours trading following BRP Inc. (NASDAQ:DOO)’s downward revision to its full-year guidance for fiscal 2027. The adjustment stems from U.S. customs policy changes. BRP stock, meanwhile, climbed 24% after the disclosure.BRP Announces Major Cost IncreasesCanadian manufacturer BRP revealed on April 6 that U.S. tariffs, aluminum minimums, and steel surcharges will add 232 basis points to costs in its snowmobile and off-road segments. These primarily affect long-tail Can-Am Spyder models.The company plans to absorb 25% of the cost surge while passing the remainder to dealers, up from a previous 50% absorption rate. BRP also…

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