Author: Seoul Reporter

Residents store fish at a big grocery store in Seoul. (Captured from SBS) October’s shopper worth inflation price recorded 2.4%, marking the best improve this yr. This represents the best inflation price in 1 yr and three months since July final yr (2.6%). Analysts recommend that inflation strain is prone to persist for a while as private service costs in eating out and transportation, which considerably have an effect on perceived inflation, proceed to rise, and petroleum product costs additionally improve because of excessive worldwide oil costs. In line with the “October 2025 Shopper Value…

WASHINGTON — The US on Tuesday imposed sanctions on a bunch of bankers, monetary establishments and others accused of laundering cash from cyber crime schemes — cash the Treasury Division says helps pay for North Korea’s nuclear weapons program.Over the previous three years, North Korean malware and social engineering schemes have diverted greater than $3 billion, principally in digital belongings, Treasury’s Workplace of International Belongings Management mentioned, noting the sum is unmatched by every other international actor. A global report documented the scope of the issue in a 138-page report printed final month.“North Korean state-sponsored hackers steal and launder cash…

Okay-pop woman group NewJeans throughout their efficiency on the Tokyo Dome in Japan in June 2024. (courtesy of ADOR) Final week, the Seoul Central District Courtroom dominated in favor of ADOR within the label’s lawsuit towards Okay-pop woman group NewJeans, discovering the unique contract the 2 events signed in 2022 to be legitimate. That is the primary trial ruling in favor of ADOR after two earlier injunctions that the courtroom granted the label. The choice signifies that NewJeans should honor their unique contract with ADOR till it terminates in 2029. The group has said that it’s going to instantly attraction…

The USS Michigan, a US tactical nuclear submarine, makes a port name in Busan, South Korea, in 2023. (Yonhap) Whereas Korea has touted the US’ consent for its growth of nuclear-powered submarines as a serious win of their current summit, not everyone seems to be inclined to agree.Kim Jong-dae, a navy knowledgeable and former lawmaker with the Justice Get together, mentioned on Friday that “Korea has gained face, however misplaced cash, time and diplomatic autonomy.”Kim decried what he regards as “the self-importance of a nation drunk on the delusion of turning into a world energy.”“True autonomy will not be gaining…

Revealed: 04 Nov. 2025, 10:00 Up to date: 04 Nov. 2025, 16:55 Cowl picture for BoyNextDoor’s collaboration with ″Tom and Jerry,″ titled ″Say Cheese!″ [KOZ ENTERTAINMENT]   Boy band BoyNextDoor will launch a brand new digital single titled “Say Cheese!” to have fun the eighty fifth anniversary of the “Tom and Jerry” (1940-) animated sequence in Japan.   “Tom and Jerry,” one of the crucial beloved animated sequence on this planet, started airing in 1940. The band’s new single will spotlight the playful friendship between the 2 most important characters in a rock-and-roll vibe, in accordance with BoyNextDoor’s company KOZ…

The development website of S-OIL’s Shaheen Challenge at Onsan Industrial Complicated in Ulsan (Photograph courtesy of S-OIL) S-OIL returned to profitability within the third quarter of this yr. Income improved as refining margins recovered, and income additionally elevated as change charges rose. S-OIL introduced on Nov. 3 that its working revenue for the third quarter of this yr was 229.2 billion gained, turning to black in comparison with the identical interval final yr (-414.9 billion gained). The quarterly losses that had continued till the earlier quarter additionally got here to an finish this quarter. …

Hashtag Korea Working in Korea as a foreigner: Should-know legal guidelines and suggestions Touring to a international nation could be taxing, from adjusting to a special language and tradition to navigating unfamiliar social norms. However getting a job there and dealing below fully completely different legal guidelines, rules and office customs could be much more daunting. Underneath Korean labor regulation, international nationals with respectable employment contracts are, in precept, entitled to the identical rights as Korean staff. Nevertheless, the truth can fluctuate considerably, relying in your area and the bosses you w June 10, 2025 – 17:53:14

K10 Ammunition Resupply Car and K9 Thunder SPH artillery system (Captured from Hanwha Aerospace web site) Hanwha Aerospace (012450) recorded its largest quarterly efficiency within the third quarter, pushed by sturdy export efficiency of Okay-defense merchandise represented by the K9 self-propelled howitzer. This 12 months’s working revenue is very prone to surpass 3 trillion received for the primary time within the firm’s historical past. The corporate expressed confidence that large-scale orders will proceed subsequent 12 months, centered on Europe and the Center East the place protection demand is excessive. Driving on sturdy efficiency and sturdy development…

A medieval Italian tower partially collapsed whereas present process renovations in Rome, killing one employee and prompting authorities to research what occurred.Emergency responders labored for hours to avoid wasting the trapped employee after the Torre dei Conti, positioned lower than a mile from the Colosseum, partially collapsed Monday morning. The person, a Romanian nationwide, died in a hospital after being pulled alive from the rubble.

Displays on the Korean Trade in Seoul’s Yeongdeungpo District present the closing figures for the KOSPI and KOSDAQ, Korea’s two principal inventory indexes, on Nov. 3, 2025. (Yonhap) KOSPI smashed its file excessive for the second buying and selling day in a row on Monday, topping 4,200 factors for the primary time in historical past, a mere day after breaking the 4,100-point ceiling. SK Hynix additionally reached an all-time excessive of 600,000 gained, whereas Samsung Electronics soared previous the 110,000 gained mark. The 2 largest South Korean semiconductor corporations by market cap are main a bull market that doesn’t appear to…