Author: Seoul Reporter

The Nationwide Meeting’s Particular Committee on Price range and Accounts will maintain a public listening to on Wednesday, marking the beginning of parliamentary scrutiny of the Lee Jae Myung administration’s first funds proposal, officers stated Sunday.The federal government has proposed a 728 trillion gained ($509 billion) funds for subsequent 12 months, up 8 % from this 12 months, with each ruling and opposition lawmakers agreeing that spending immediately associated to individuals’s livelihoods ought to be prioritized.Nevertheless, disputes are anticipated over Lee’s flagship initiatives, together with native reward certificates and the so-called Nationwide Progress Fund, a government-led public-private initiative for strategic…

Korean peace activist Haecho remembers her expertise in Israel to the Hankyoreh 21 over video name on Oct. 13, 2025. (nonetheless from video name) Morning got here. Haecho tidied up her house, then wrote a letter to her mother and father. She wrote out her will and addressed it to The Frontiers, the pacifist group she belongs to. She doesn’t contemplate herself non secular, however all the time prays earlier than going someplace. She mentioned a brief prayer that day. After studying the letters her pals gave her, she headed for the airport. Her coronary heart was racing, and she…

DAKAR, Senegal — Nigerians described a mix of confusion and worry on Sunday as folks throughout the nation tried to decipher President Donald Trump’s menace to cease all help to Africa’s most populous nation and go in “guns-a-blazing” after accusing Nigeria’s authorities of permitting “the killing of Christians.”

GYEONGJU – Seven world tech giants, together with Amazon Internet Providers (AWS), on Wednesday unveiled a mixed $9 billion funding plan in South Korea – one of many nation’s largest international direct funding pledges in recent times.The announcement was made in the course of the APEC International Funding Partnership occasion in Gyeongju, held on the sidelines of the APEC CEO Summit, which runs by way of Oct. 31, forward of the APEC leaders’ assembly from Oct. 31 to Nov. 1.The initiative varieties a part of Seoul’s broader technique to draw high-tech manufacturing and digital infrastructure funding because it seeks to cement its…

US President Donald Trump shakes fingers with Chinese language President Xi Jinping forward of their summit on the Gimhae Air Base in South Korea on Oct. 30, 2025. (AP/Yonhap) Amid an intense commerce struggle, the leaders of the US and China had been in a position to attain an settlement throughout their summit in Busan for the US to decrease fentanyl-related tariffs to 10% whereas China will postpone export controls on uncommon earths for one yr.Whereas US President Donald Trump and Chinese language President Xi Jinping’s first assembly in additional than six years gives the look that the connection between…

With politics among the many largest stressors for People, and the political gender hole rising amongst younger folks, it may be laborious to remain motivated when divisions really feel extra contentious than ever.Few folks perceive that like Ella Emhoff, the daughter of former U.S. Second Gentleman Doug Emhoff and stepdaughter of former Vice President Kamala Harris.Getting offline is an effective first step.”I feel what has saved me essentially the most invigorated round politics and simply social change is seeing everybody else empowered by it, coming to issues like ZCON and with the ability to discuss it,” Emhoff just lately informed CNBC…

JP Morgan raised its 12-month goal for South Korea’s benchmark Kospi index to five,000, saying an AI-powered chip rally and Seoul’s company governance reforms might ship the market to report highs and probably to six,000 in a full-blown bull run.In a report titled Kospi 5000 on the Playing cards launched Tuesday, the US funding financial institution stated it now expects the benchmark to achieve 5,000 inside a 12 months, up from its earlier two-year forecast, and urged buyers to extend publicity to Korean shares throughout market pullbacks. Regardless of the latest surge, Korean equities stay undervalued in contrast with their…

Nvidia CEO Jensen Huang (middle) poses for a photograph with Samsung’s Lee Jae-yong and Hyundai Motor Group’s Chung Eui-sun after having a meal of fried rooster and beer at a rooster joint in Seoul’s Samseong neighborhood on Oct. 30, 2025. (pool picture) Nvidia CEO Jensen Huang feasted on fried rooster and beer with Samsung Electronics Chairperson Lee Jae-yong and Hyundai Motor Group Chairperson Chung Eui-sun on Thursday. The chief mentioned strategies to ascertain the AI ecosystem with Samsung Electronics, which has cleared Nvidia’s check for its newest fifth-generation high-bandwidth reminiscence know-how, and Hyundai Motors, which excels within the autonomous driving…

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GYEONGJU – South Korea and the US reached a sweeping settlement on tariff, commerce and funding phrases on Wednesday, capping months of adverse negotiations that had threatened to overshadow the APEC summit and bilateral relations.Beneath the deal, Seoul will make investments $200 billion in money within the US economic system – a part of a broader $350 billion funding framework – however with an annual ceiling of $20 billion, in keeping with Kim Yong-beom, Seoul’s presidential coverage chief.The accord, sealed simply hours after a summit between President Lee Jae Myung and his US counterpart Donald Trump in Gyeongju on the…