Author: Seoul Reporter

[ad_1] U.S. Federal Reserve Chair Jerome Powell holds a press convention on the U.S. Federal Reserve constructing in Washington DC, Wednesday (native time). UPI-Yonhap Uncertainty over the trail of the US’ financial coverage is anticipated to persist, although markets have remained broadly secure following the Federal Reserve’s newest rate of interest choice, a senior official of the Korean central financial institution mentioned Thursday.On Wednesday (U.S. time), the Fed saved its benchmark rate of interest unchanged on the 3.5-3.75 % vary following three successive cuts since September, a call that may proceed to place the hole between the important thing charges…

[ad_1] Britain’s Prime Minister Keir Starmer speaks throughout a gathering with Chinese language President Xi Jinping (not pictured) on the Nice Corridor of the Folks in Beijing, China, Jan. 29. Reuters-YonhapBEIJING — The leaders of China and the U.Ok. had been assembly Thursday as the 2 nations attempt to enhance relations after a number of years of acrimony.Keir Starmer, the primary British prime minister to go to in eight years, was holding talks with China’s chief Xi Jinping within the Nice Corridor of the Folks in central Beijing. The 2 international locations are anticipated to signal quite a lot of…

[ad_1] A mannequin of an energetic electronically scanned array radar to be developed for deployment on KF-21 fighter jets / Courtesy of Company for Protection Growth (ADD)A state protection growth company mentioned Thursday it should launch a testing part for a sophisticated radar system below growth for installations on KF-21 fighter jets in a bid to allow air, floor and maritime missions.The announcement was made because the Company for Protection Growth (ADD) held a gathering to launch the analysis part for the energetic electronically scanned array radar (AESA), together with the protection ministry, the state arms procurement company and different…

[ad_1] HD Hyundai Chairman Chung Ki-sun, left, and Indian Prime Minister Narendra Modi HD Hyundai Chairman Chung Ki-sun met with Indian Prime Minister Narendra Modi on Wednesday to debate methods to develop bilateral cooperation in shipbuilding and associated industries, the corporate stated.Chung and HD Korea Shipbuilding & Offshore Engineering CEO Kim Hyung-kwan attended a high-level roundtable hosted by Modi on the prime minister’s official residence in New Delhi. The assembly was held on the sidelines of India Vitality Week 2026.The roundtable introduced collectively round 30 individuals, together with Modi, senior Indian authorities officers, heads of state-owned enterprises and chief executives…

[ad_1] A Samsung Group flag flutters in entrance of the headquarters of Samsung Electronics in Seocho-dong, Seoul. (Courtesy of Samsung Electronics) Samsung Electronics, pushed by a growth in its reminiscence enterprise, surpassed 20 trillion gained in working revenue for the primary time within the fourth quarter of final 12 months. Samsung Electronics is the primary home firm to exceed 20 trillion gained in working revenue in a single quarter. Particularly, the working revenue of the Gadget Options (DS) Division, which manages the semiconductor enterprise, led the robust efficiency by growing over 460% in a single 12…

A techno event marketed as a celebration of empowerment, integrity, and “woman power” is now facing backlash after the inclusion of Silverstar Oh (오은별), a figure whose public reputation has long been entangled with scandal, controversy, and repeated crimes involving drugs, prostitution, and financial exploitation. The event, WOMAN POWER TECH, scheduled for February 6, 2026 at Club The Seoul in Itaewon, presents itself as a night dedicated to strong female identity, artistic narrative, and uncompromising energy. Yet one booking choice threatens to overshadow the entire message. That choice is Silverstar Oh. A Booking That Undermines the Event’s Core Message “Woman…

[ad_1] ICTK brand (Photograph Courtesy of ICTK) ICTK, a safety semiconductor firm, is projected to enter a income progress section beginning this yr. Regardless of being undervalued relative to its technological prowess, adjustments in coverage and expanded funding in telecommunications infrastructure are quickly remodeling its enterprise surroundings. In a current report, Hana Securities maintained its “Purchase” funding opinion on ICTK and introduced a goal worth of 28,000 received. The report notably outlined 2026 because the “foundational yr” when gross sales to telecommunication corporations will start in earnest, emphasizing the necessity to monitor adjustments within the…

[ad_1] Athletes and officers for the 2026 Winter Olympics maintain up banners for a photograph session throughout the delegation launch ceremony at Seoul Olympic Parktel in Seoul, Jan. 22. YonhapKorea’s essential delegation for the 2026 Winter Olympics will depart for the host nation of Italy on Friday.The Korean Sport & Olympic Committee (KSOC) introduced Thursday {that a} group of 45 athletes and officers will depart for Milan and Cortina d’Ampezzo, the 2 co-host cities of the Olympics, simply previous midday Friday.Korea Skating Union President Lee Soo-kyung, Korea’s chef de mission, will lead the touring delegation.Athletes touring Friday will embrace these…

[ad_1] The doorway of the Kunsan Air Base within the southwestern metropolis of Gunsan / YonhapA gasoline spill occurred at a U.S. air base within the southwestern metropolis of Gunsan earlier this week, prompting an investigation to find out its precise trigger, the U.S. Air Power stated Thursday.The spill was detected by airmen from the eighth Logistics Readiness Squadron and eighth Civil Engineer Squadron at Kunsan Air Base on Monday, who took speedy response measures, the U.S. eighth Fighter Wing stated in a launch.”There isn’t a menace to consuming water as it’s equipped from an off-base supply and (we) don’t…

[ad_1] SK hynix’s exhibition in Las Vegas, Jan. 9 (native time) / YonhapSK hynix stated Thursday it is going to search to safe overwhelming management in sixth-generation excessive bandwidth reminiscence (HBM), or HBM4, because it did in earlier generations, amid anticipated competitors with Samsung Electronics.”(The corporate) goals to take an amazing market share within the HBM4 sector, as we did for the HBM3 and HBM3E merchandise,” the corporate stated in a convention name held a day after reporting record-breaking earnings for 2025.On Wednesday, SK hynix stated it posted an annual document working revenue of 47.2 trillion gained ($33 billion) in…