Author: Seoul Reporter

[ad_1] Singer and actor Cha Eun-woo / Courtesy of FantagioSinger and actor Cha Eun-woo, who’s at present serving within the army, issued a public apology Monday over latest allegations of large-scale tax evasion, pledging full cooperation with tax authorities.In a message posted on social media, Cha stated he was deeply sorry over the controversy and vowed to conform faithfully with all tax-related procedures going ahead.”I’ll humbly settle for the ultimate judgment made by the related authorities and take full duty in accordance with the end result,” he stated.The apology adopted media stories that the Nationwide Tax Service (NTS) had notified…

[ad_1] A poster for .DE (Diplomacy Meets Esports), a venture that features a League of Legends match bringing collectively groups from Korea, Japan and Germany. Courtesy of Embassy of Germany in SeoulThe German embassies in Seoul and Tokyo are launching a brand new esports initiative aimed toward connecting younger audiences throughout borders by means of aggressive gaming, officers mentioned.The venture, titled “.DE” (Diplomacy Meets Esports), facilities on a League of Legends match that may deliver collectively groups from Korea, Japan and Germany. Organizers say the occasion blends esports competitors with cultural diplomacy, reflecting the rising function of gaming in up…

[ad_1] President Lee Jae Myung has a video name with a Korean process drive primarily based in Cambodia on the Particular Activity Pressure on Transnational Crime’s workplace in Seoul, Monday. Courtesy of presidential workplace President Lee Jae Myung has ordered a sweeping public marketing campaign throughout Southeast Asia to discourage crimes focusing on Korean nationals.Presidential spokesperson Kang Yu-jung shared in a written briefing that Lee visited the Particular Activity Pressure on Transnational Crime’s workplace at Authorities Complicated Seoul on Monday morning to encourage its workers.Throughout the go to, the president was briefed that studies of varied fraud schemes, together with…

[ad_1] The headquarters of the Federation of Korean Industries in Seoul / Yonhap Korean enterprise lobbies on Monday referred to as for the federal government and parliament to hurry up efforts to abolish the breach of belief cost below prison regulation with out introducing any new rules that may proceed to limit their managerial actions.In September, the federal government and the ruling Democratic Celebration of Korea introduced plans to scrap the breach of belief cost below prison regulation, assessing that it has excessively restricted regular enterprise actions.”Ambiguity over who’s topic to punishment and the way the breach of belief offense…

[ad_1] Gold bars are on show at Korea Gold Alternate in Jongno District, Seoul, Monday. YonhapGold investments by banks are surging as the dear metallic sees costs hitting report highs, market watchers mentioned Monday.The speedy rise in gold demand comes amid rising investor urge for food for safe-haven property as geopolitical uncertainty continues and the U.S. greenback weakens.In accordance with monetary market information, gold banking accounts at KB Kookmin, Shinhan and Woori had a mixed steadiness of over 2.1 trillion received ($1.4 billion) as of Thursday. That is up 11.4 p.c from the tip of final month, when it stood…

[ad_1] Byeon Woo-seok / Captured from Byeon’s social mediaClick on right here for extra articles by Kormedi.com. For Byeon Woo-seok, a Korean actor and former mannequin at present in Milan for a style present hosted by Prada, skipping the health club shouldn’t be an choice — even whereas touring overseas.A current picture shared by Thai actor Metawin Opas-iamkajorn reveals Byeon understanding at a neighborhood health club, wearing a sleeveless high. The picture highlights a distinction that has turn into intently related to him: a slim general body paired with notably broad shoulders and well-developed arms.Byeon is widely known for a…

[ad_1] (From left) Second-place finishers Scott Martin and Elfyn Evans (Toyota), winners Elliott Edmondson and Oliver Solberg (Toyota), and third-place finishers Sébastien Ogier and Vincent Landais (Toyota) have a good time on the rostrum. Rallye Monte-Carlo, the opening spherical of the 2026 FIA World Rally Championship (WRC), wrapped up on January 25 throughout Monaco and France, with Hankook Tire & Know-how Co., Ltd. (hereafter Hankook), a world main tire firm of the Hankook & Firm Group (Chairman HyunBum Cho), supporting the season opener because the championship’s unique rally tire provider. Rallye Monte-Carlo opened the 2026…

[ad_1] Harold Rogers, proper, interim CEO of Coupang, speaks throughout a listening to on Coupang’s huge breach of non-public data on the Nationwide Meeting, Dec. 17, 2025. YonhapPrivate data from greater than 30 million Coupang clients is believed to have been leaked, a high police official stated Monday, leaving open the likelihood that the detention of the corporate’s interim CEO, Harold Rogers, who has ignored two police summonses, will probably be sought.Park Jeong-bo, head of the Seoul Metropolitan Police Company, made the remarks, refuting Coupang’s personal conclusion that the scope of the information leak was solely 3,000 instances.”It’s not but…

[ad_1] Lee Hae-chan, a veteran determine in South Korean politics. (Hankyoreh file picture) Lee Hae-chan, a veteran of South Korean politics who most just lately was serving as the manager vice chair of the Peaceable Unification Advisory Council, died on Sunday throughout a enterprise journey to Vietnam. He was 73. Lee might be remembered for his dedication to the combat for democratization and towards dictatorship, in addition to for a storied political profession that spanned seven phrases as a lawmaker within the Nationwide Meeting, a stint as prime minister throughout the administration of President Roh Moo-hyun, and chief of the Democratic…

[ad_1] The emblem of Essex Options (Picture courtesy of Essex Options) LS Corp. has determined to withdraw the itemizing software for Essex Options, which is presently underneath preliminary evaluation request on the Korea Alternate.  Essex Options is LS Corp.’s subsidiary in the USA specializing in copper magnet wire manufacturing.  LS Corp. deliberate to speculate all funds secured by the itemizing in increasing its U.S. native amenities to solidify its world primary place. This determination was made on Jan. 26 after listening to considerations voiced by inside and exterior stakeholders, together with minority shareholders and traders, relating to…