Author: Seoul Reporter

[ad_1] NATO Secretary Normal Mark Rutte gestures as he arrives to handle the overseas affairs committee on the European Parliament in Brussels, Belgium, Monday. Reuters-YonhapBRUSSELS — NATO Secretary-Normal Mark Rutte insisted on Monday that Europe is incapable of defending itself with out U.S. army help and must greater than double present army spending targets to have the ability to achieve this.“If anybody thinks right here … that the European Union or Europe as an entire can defend itself with out the U.S., carry on dreaming. You may’t,” Rutte instructed EU lawmakers in Brussels. Europe and the US “want one another,”…

[ad_1] This file picture reveals Lee Hae-chan, a former chief of the principle opposition Democratic Celebration, talking throughout a ceremony on the Nationwide Meeting in Seoul on Oct. 17, 2022, to mark the publication of his memoir. YonhapSEOUL/HO CHI MINH CITY — The funeral of former Prime Minister Lee Hae-chan, who died whereas visiting Vietnam, shall be held for 5 days this week within the mixed format of a “social funeral” and an “institutional funeral,” in consideration of his contribution to society, based on officers.Lee, who was serving as a senior vice chairman of the Peaceable Unification Advisory Council (PUAC),…

[ad_1] Hyundai Motor Group unveils humanoid robotic Atlas on the media day occasion for CES 2026 held on the Mandalay Bay Conference Heart in Las Vegas, USA on Jan. 5 (native time). (Captured from YTN) Hyundai Motor Group, having efficiently debuted its next-generation humanoid Atlas, is getting into full-scale mass manufacturing section. Since Atlas prices practically 300 million gained per unit, reaching economies of scale will probably be key as manufacturing prices lower with bigger manufacturing volumes. Based on trade sources on Jan. 25, the preliminary manufacturing price of the next-generation electrical Atlas developed by Boston Dynamics is…

[ad_1] The logos of KB Kookmin Financial institution, Toss, and Samsung Card (BusinessKorea DB) KB Kookmin Financial institution, Toss, and Samsung Card are reportedly reviewing the joint issuance of a won-denominated stablecoin. Though the initiativeremains at an early stage because of the absence of a Digital Asset Fundamental Act to manipulate stablecoin implementation, the transfer follows the formation of a Hana Monetary Group-led consortium, signaling that the structural outlines of strategic alliances throughout the banking sector are starting to take form. A high-ranking monetary trade official accustomed to the discussions stated on Jan. 25 that the…

[ad_1] White Home border czar Tom Homan speaks to the media outdoors the White Home in Washington D.C. on Jan. 14. Reuters-YonhapWASHINGTON — Donald Trump is sending his border czar Tom Homan to Minnesota in a while Monday, the U.S. president stated after an outcry over the second deadly taking pictures of a U.S. citizen by immigration brokers over the weekend in Minneapolis.”Tom is hard however honest, and can report on to me,” he wrote in a social media put up. White Home spokeswoman Karoline Leavitt individually on X stated Homan would handle Immigration and Customs Enforcement operations within the…

[ad_1] L&C Bio’s pores and skin booster Elravie Re20 (Captured from L&C Bio web site) Lee Whan-chul, chief govt officer of L&C Bio, mentioned on Jan. 25 that the corporate will considerably develop manufacturing of its pores and skin booster Elravie Re20, aiming to put up file outcomes this yr with gross sales of 150 billion gained, or $103.99 million, and an working margin exceeding 20 %. Elravie Re20 is an extracellular matrix (ECM)-based pores and skin booster derived from human dermal tissue. By straight replenishing core parts of pores and skin construction, together with…

[ad_1] President Donald Trump speaks earlier than departing on Marine One from the South Garden of the White Home on Jan. 20 in Washington D.C. AP-YonhapWASHINGTON — Donald Trump is probably going dealing with the second authorities shutdown of his presidency after a deadly taking pictures by U.S. immigration brokers detonated a fragile price range truce in Congress and unified Democrats towards funding his hardline immigration crackdown.Till the weekend, the president and Republican leaders appeared near averting a lapse in funding on the finish of the week.The Home of Representatives had handed the remaining funding payments for fiscal 12 months…

[ad_1] Wegovy merchandise offered in the US (Reuters) Globally, the unique rights to semaglutide, the primary element of Novo Nordisk’s weight problems therapy Wegovy, will expire beginning this 12 months. As entry boundaries are lowered resulting from patent expiration and world pharmaceutical corporations’ market entry positive aspects momentum, the velocity of market share restructuring inside the semaglutide market can also be anticipated to speed up. Based on business insiders on Jan. 25, Novo Nordisk’s patents for semaglutide are scheduled to run out in international locations together with India beginning in March this 12 months, adopted by Canada, China,…

[ad_1] Korean Air’s A321neo plane (Picture courtesy of Korean Air) Because the excessive alternate price and excessive inflation surroundings continues together with intensified competitors, forecasts point out that the home airline trade will obtain worse administration report playing cards for final yr in comparison with the earlier yr. Nevertheless, Korean Air alone seems to have recorded a revenue by itself. Based on an evaluation of securities agency forecasts and earnings disclosures, among the many six airways listed on the home inventory market, solely Korean Air posted an annual revenue, whereas the remaining airways both turned to…

[ad_1] A coalition of civil society teams holds a press convention in Gwanghwamun Sq. on Jan. 23, 2026, to sentence interference by US political and monetary circles in investigations of Coupang. (Yonhap) On Thursday, two US funding companies filed a criticism with the US Commerce Consultant, alleging that the Korean authorities is subjecting the e-commerce large Coupang to unreasonable and discriminatory remedy. These companies requested that the USTR impose “acceptable” commerce cures, equivalent to imposing tariffs on Korean items. As well as, they notified the Korean authorities of their intent to convey arbitration claims in opposition to it, arguing that the…