Author: Seoul Reporter

The federal government’s plan to broaden English-language disclosures is anticipated to extend firms’ duty for offering translations, regardless of the coverage’s intention of serving to appeal to overseas buyers, in line with {industry} officers and specialists.Such issues got here after the federal government just lately introduced measures to enhance company disclosure practices, which embody the English-language disclosure obligation to be utilized to all KOSPI-listed corporations by 2028. The coverage goals to assist enhance overseas buyers’ entry to Korea’s capital markets, mitigating the so-called “Korea low cost,” beneath which Korean corporations are usually valued beneath their worldwide friends. Observers additionally level…

Korea Land and Housing Corp. headquarters (Picture courtesy of LH Corp.) Korea Land and Housing Corp. (LH) has issued its first euro-denominated bonds. The whole scale is 850 billion gained and shall be used for public rental housing development and different functions. LH introduced on Nov. 19 that it issued 500 million euro (849.3 billion gained) public providing bonds. The maturity is three years, and the issuance charge is about at 37bp (bp=0.01percentP) above the 3-year EUR Midswap charge. This marks the primary time LH has issued euro-denominated public providing bonds because the integration of…

Masaaki Kanai (left), Japan’s prime diplomat for Asia and the Pacific, departs from the Chinese language Ministry of Overseas Affairs in Beijing on Nov. 18, 2025, after talks amid backlash from China over feedback by the Japanese prime minister. (AFP/Yonhap) Amid China’s livid response to Japanese Prime Minister Sanae Takaichi’s remark {that a} Chinese language invasion of Taiwan would signify an existential menace to Japan, there are rising considerations that the 2 international locations will return to the antagonism seen throughout their territorial dispute over a gaggle of uninhabited islands over a decade in the past.On Tuesday, Japanese information shops…

President Lee Jae Myung of South Korea walks with Sheikh Mohamed bin Zayed Al Nahyan, the president of the United Arab Emirates, upon arriving on the presidential palace in Abu Dhabi for a state go to on Nov. 18, 2025. (Yonhap) South Korea has agreed to cooperate with the United Arab Emirates on the UAE Stargate undertaking, which is able to set up the world’s largest synthetic intelligence infrastructure in Abu Dhabi. Upon his arrival in Abu Dhabi for a state go to, President Lee Jae Myung referred to the UAE, the one nation within the Center East with which Korea…

Celltrion Chairman Search engine optimisation Jung-jin discloses the corporate’s funding plan at a public-private joint assembly presided over by President Lee Jae Myung to debate follow-up measures to the Korea-U.S. tariff negotiation held on the Presidential Workplace in Yongsan, Seoul on Nov. 16. (Captured from President Lee Jae Myung’s YouTube channel) Celltrion is embarking on growing a brand new drug with superior weight discount results in comparison with oral weight problems remedies being developed by Novo Nordisk and Eli Lilly. Moreover, the corporate plans to broaden its not too long ago acquired U.S. manufacturing facility and…

Celltrion Inc., the South Korean biosimilar big looking for to increase into higher-value modern medicines, is positioning itself as a future contender to Novo Nordisk Inc. and Eli Lilly and Co. within the fast-growing obesity-treatment market.The corporate introduced on Wednesday that it’s creating CT-G32, an orally administered quadruple-receptor agonist designed to activate 4 metabolic pathways concurrently, an method that will transfer past the GLP-1 and dual-agonist injections, like Wegovy and Mounjaro, that dominate the worldwide weight problems drug market. It stated the candidate is predicted to ship stronger weight-loss outcomes whereas decreasing well-known drawbacks of present GLP-1-based therapies, together with…

Whereas failing to see eye to eye is hardly new to Beijing and Tokyo, Sino-Japanese relations have been particularly strained this month and are prone to worsening even additional.The set off for the downturn was Japanese Prime Minister Sanae Takaichi’s feedback to the Japanese parliament on Nov. 7 that using pressure towards Taiwan could possibly be perceived as a “survival-threatening scenario”, which might allow Tokyo to deploy the Japan Self-Defence Forces. She has refused to retract her assertion.The timing of the feedback additionally has a lot to do with Beijing’s fury. Her assertion got here shortly after Beijing designated Oct.…

President Lee Jae Myung accredited Wednesday a 30-day extension of an ongoing particular counsel investigation into allegations surrounding former first woman Kim Keon Hee, his workplace mentioned.A crew, led by particular counsel Min Joong-ki, has been conducting an investigation into corruption and different fees involving Kim, together with her alleged involvement in a inventory manipulation scheme and meddling in candidate nominations for elections.Min’s crew had prolonged its investigation twice after commencing its 90-day probe on July 2. Underneath the particular counsel regulation, the investigation may be prolonged as much as 3 times, and the third and ultimate extension will enable…

US President Donald Trump shakes fingers with President Lee Jae Myung of South Korea at a welcome ceremony held on the Gyeongju Nationwide Museum on Oct. 29, 2025, forward of their bilateral summit. (courtesy of the presidential workplace) By Lee Bon-young, senior economics authorThis previous Monday, Nov. 17, marked the a hundred and twentieth anniversary of the signing of what’s recognized in Korea because the Eulsa Treaty, which made Korea a protectorate of Japan and set the stage for its colonization. On that day in 1905, the nobles of the Korean Empire who had vowed to guard their nation tucked…

Greater than 4 out of 10 small and medium-sized enterprises (SMEs) in Korea wish to rent extra international employees and see the utmost annual quota raised, a survey confirmed Wednesday.The survey, carried out by the Korea Employers Federation (KEF), comes as SMEs more and more battle to safe home labor, with greater than six out of 10 saying they depend on international employees to fill the hole.The ballot coated 312 firms with fewer than 300 staff within the manufacturing, development and repair sectors. These areas are closely reliant on guide labor and have been hiring international employees below the Employment…