Author: Seoul Reporter

These fortunes middle on steadiness, gratitude and conscious motion — many indicators are inspired to understand the current, act with endurance and knowledge and strengthen relationships via sincerity and cooperation.

America’s busiest airports, together with these in New York, Los Angeles, Dallas and Chicago, had been set to face lots of of flight cuts beginning Friday as a result of authorities shutdown, in accordance with an inventory distributed to the airways and obtained by The Related Press.The Federal Aviation Administration’s order to scale back air visitors at 40 of the busiest airports throughout the U.S. contains places throughout greater than two dozen states and is more likely to ripple far past these focused locations.With simply hours to go, airways had been scrambling Thursday to determine the place to chop, and…

Hyundai Rotem issued a press launch on Oct. 6, claiming the allegations have been “clearly false information,” following native stories that the corporate equipped components completely different from the contract in the course of the locomotive supply course of to Bangladesh. In accordance with native media and an Asian Growth Financial institution (ADB) report, Bangladesh’s Anti-Corruption Fee (ACC) filed expenses on September 18 in opposition to former Railway Director Normal Shamsuzaman, former Deputy Director Normal Manjurul Alam Chowdhury, and Mohammad Hasan Mansur on expenses of fraud, embezzlement, and abuse of authority. They’re suspected of importing engines…

Signage stands outdoors KT Corp.’s head workplace constructing in Gwanghwamun, central Seoul. (Captured from SBS) All femtocells equipped to KT have been discovered to make use of equivalent certificates. This enabled hackers to simply copy certificates and entry KT’s community utilizing unlawful femtocells. Moreover, circumstances had been found indicating that KT knew about malware infections final yr however tried to hide the breach incident itself by failing to report such info. The general public-private joint investigation workforce investigating unauthorized micro-payment incidents at KT introduced these findings on Nov. 6 through the launch of interim investigation…

  Kang Ju-an   The writer is an editorial author on the JoongAng Ilbo.        As the primary anniversary of the Dec. 3 martial legislation disaster approaches, a collection of revelations has emerged. Former President Yoon Suk Yeol, who had refused to adjust to the particular counsel’s summons or seem in courtroom after being detained for the second time in July, has begun talking from his solitary cell on the Seoul Detention Middle. He appeared earlier than the particular counsel investigating revolt on Oct. 15 and once more at his trial on the Seoul Central District Court docket…

GENEVA — An alarming streak of outstanding temperatures has put 2025 on target to be among the many hottest years ever recorded, the United Nations mentioned Thursday, insisting although that the pattern may nonetheless be reversed.Whereas this 12 months is not going to surpass 2024 as the most popular recorded, it’ll rank second or third, capping greater than a decade of unprecedented warmth, the UN’s climate and local weather company mentioned, capping extra.In the meantime concentrations of greenhouse gases grew to new report highs, locking in additional warmth for the longer term, the World Meteorological Group warned in a report…

The brand of MSCI  Morgan Stanley Capital Worldwide (MSCI) has newly included HD Hyundai Marine Answer (443060) and APR (278470) within the Korea index constituent shares and excluded Orion (271560). In response to the monetary funding business on Nov. 6, MSCI, a world inventory index calculation firm, introduced the November common evaluation outcomes on Nov. 5 (native time) and adjusted the Korea index constituent shares accordingly. With this adjustment, the variety of shares included within the MSCI Korea Index elevated from the prevailing 81 to 82 shares, including yet another. The index rebalancing will happen after…

SEOUL — Nationwide Safety Adviser Wi Sung-lac stated Thursday that Seoul would search to construct a nuclear-powered submarine domestically.”We plan to push a plan to construct it in South Korea,” Wi stated throughout a parliamentary session.Trump wrote on his social networking account final week that he had given Seoul approval to construct a nuclear-powered submarine, including it could be constructed on the Philadelphia shipyards in Pennsylvania.Wi stated it could be “unrealistic” to make facility investments within the Philadelphia shipyard for submarines or to ask Common Dynamics, a U.S. firm, to construct one for South Korea.He added that the federal government…

  Kim Gained-bae   The writer is an editorial author on the JoongAng Ilbo.        Rising house costs in Seoul’s Gangnam District are again in focus. The query is whether or not this may be solved. There isn’t any fast or easy repair. When such questions come up, it’s price returning to fundamentals. In economics, when demand will increase and costs rise, producers ramp up provide, which stabilizes costs once more.   Housing costs in Seoul recorded their highest month-to-month improve this yr for the reason that authorities’s Oct. 15 actual property measures, as condo complexes are seen…

WASHINGTON — U.S. Commerce Consultant Jamieson Greer indicated Thursday that ought to the Supreme Courtroom rule in opposition to President Donald Trump’s “reciprocal” tariffs, his administration could should difficulty tariff refunds that would exceed $100 billion in complete.Greer mentioned the problem throughout an interview with Fox Information, a day after the Supreme Courtroom held an oral listening to on the legality of Trump’s use of the Worldwide Emergency Financial Powers Act (IEEPA) to impose tariffs on America’s buying and selling companions, together with South Korea.Throughout the oral arguments, some conservative and liberal justices on the prime courtroom confirmed skepticism over…