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.
Israel launched a wave of air and artillery strikes that killed at the very least 25 individuals in Gaza on Wednesday, based on native well being officers, after the navy mentioned “a number of terrorists” had “opened fireplace towards the realm” the place troops had been working in Khan Younis within the enclave’s south.
The capital is as soon as once more the stage for a well-recognized political feud as Mayor Oh Se-hoon’s bid to assemble a high-rise reverse the UNESCO-listed Jongmyo Shrine has set off a recent spherical of sparring with the central authorities.The confrontation is hardly unprecedented. It’s the newest — and maybe most consequential — chapter in Seoul’s lengthy historical past of political friction over marquee improvement tasks. It additionally underscores a broader dilemma town has struggled to resolve for many years over tips on how to pursue progress with out erasing the traces of its historic identification. This stress has…
The KOSPI and KOSDAQ indices are displayed on the digital show of the Korea Trade on the morning of Nov. 19. (Captured from YTN) Working earnings of KOSPI- and KOSDAQ-listed firms within the third quarter grew almost 30 % from a 12 months earlier. Led by the semiconductor and shipbuilding sectors, income, working revenue, and web revenue all noticed a transparent upward development, reaching each profitability and qualitative development. Based on the Korea Trade and the Korea Listed Corporations Affiliation on Nov. 18, the 639 listed firms with December fiscal year-ends in the principle inventory…
Actor Yun Chae-kyung, previously of lady group APRIL, has been caught up in a courting rumor with former nationwide badminton participant Lee Yong-dae, drawing consideration over their 8-year age hole and Lee’s standing as a single father following a previous divorce.PA Leisure, Yun’s company, stated Wednesday that it was “tough to verify” the report, citing the actor’s non-public life.Earlier that day, media shops reported that Yun and Lee had been courting for roughly 1 yr, introducing one another as companions to shut acquaintances and sustaining a severe relationship regardless of their age distinction.The rumor rapidly drew public curiosity because it…
The headquarters of the Monetary Supervisory Service in Yeouido, Seoul (Photograph courtesy of the Monetary Supervisory Service) Insurance coverage firms’ web revenue for the primary three quarters of this yr recorded 11.3 trillion gained, a 15% lower in comparison with the earlier yr. Based on the Monetary Supervisory Service (FSS) on Nov. 19, the mixed web revenue of twenty-two home life insurance coverage firms and 31 non-life insurance coverage firms for the primary three quarters totaled 11.2911 trillion gained. This represents a 15.2% lower in comparison with the identical interval final yr. Life insurance…
A view of Samsung Electronics Pyeongtaek Campus (Photograph courtesy of Samsung Electronics) Samsung Electronics reclaimed its No. 1 place in world DRAM market gross sales within the third quarter of this 12 months. This was pushed by record-high gross sales ensuing from elevated excessive bandwidth reminiscence (HBM) shipments mixed with rising costs of general-purpose merchandise. Based on market analysis agency ChinaFlashMarket (CFM) on Nov. 19, Samsung Electronics’ third-quarter DRAM gross sales elevated 29.6% from the earlier quarter to $13.942 billion (roughly 20.4 trillion received). The corporate recorded a market share of 34.8%, returning to the highest…
WASHINGTON — U.S. lawmakers cautioned towards ushering in a nuclear arms race within the Center East after america and Saudi Arabia stated they signed an preliminary settlement on civil nuclear vitality cooperation. U.S. Vitality Secretary Chris Wright, Inside Secretary Doug Burgum and Saudi Vitality Minister Prince Abdulaziz bin Salman signed an preliminary civil nuclear cooperation settlement on Tuesday as Saudi Crown Prince Mohammed bin Salman, the dominion’s de facto ruler, made his first White Home go to in additional than seven years.Talks between the international locations on nuclear energy cooperation have been happening for years together with throughout the administration…
Guests expertise Hyundai Mobis’s superior applied sciences on the Tech Bridge 2025 occasion held at Hyundai Mobis Know-how Analysis Institute in Uiwang, Gyeonggi Province from Nov. 18-19. (Picture courtesy of Hyundai Mobis) Hyundai Mobis has unveiled 50 new mobility applied sciences developed this yr to clients and companions. The corporate showcased its technological competitiveness by sharing consultant analysis achievements in its core electrification and module companies. Hyundai Mobis introduced that it held Tech Bridge 2025 at its Electrification Analysis Institute positioned in Uiwang Metropolis, Gyeonggi Province from Nov. 18-19. The theme of this occasion was “Bridge…
CAIRO — President Lee Jae Myung arrived in Cairo on Wednesday for a three-day go to, throughout which he plans to carry summit talks with Egyptian President Abdel Fattah El-Sisi, and unveil South Korea’s new initiatives for the Center East.Lee visited Cairo after his three-day state go to to the United Arab Emirates, the primary leg of his four-nation journey that may also take him to South Africa and Turkey.On Thursday, Lee is scheduled to carry talks with Egyptian President El-Sisi to debate bilateral cooperation in commerce, funding and cultural exchanges, as this yr marks the thirtieth anniversary of the…
WASHINGTON — U.S. officers are privately saying that they won’t levy long-promised semiconductor tariffs quickly, probably delaying a centerpiece of President Donald Trump’s financial agenda.Officers relayed these messages during the last a number of days to stakeholders in authorities and personal trade, in line with two folks with direct information of the matter and a 3rd individual briefed on the conversations. A fourth individual following the matter additionally mentioned the administration was taking a extra cautious method to keep away from frightening China. The discussions haven’t been beforehand reported.Trump aides are taking their time on chip tariffs as they work…