Author: Seoul Reporter

TOKYO/BEIJING — China knowledgeable Japan on Wednesday that it’s going to ban all imports of Japanese seafood, media retailers reported — a choice which comes amid an escalating diplomatic dispute between Asia’s prime two economies.Tensions between the 2 nations ignited after new Japanese Prime Minister Sanae Takaichi mentioned this month {that a} Chinese language assault on Taiwan threatening Japan’s survival might set off a navy response.China has demanded she retract the remarks and urged its residents to not journey to Japan, leading to mass cancellations that would deal a large blow to the world’s fourth-largest economic system.The most recent ache…

Rival events on Wednesday stood at odds over a choice by a World Financial institution tribunal that nullified its order for Korea to pay $216.5 million in compensation plus curiosity to Texas-based personal fairness agency Lone Star Funds.In 2022, the World Financial institution’s Worldwide Heart for Settlement of Funding Disputes (ICSID) ordered Korea to pay the superb over a decadelong dispute over Lone Star’s sale of Korea Trade Financial institution (KEB).A day after the ICSID’s annulment committee dominated in favor of Korea, overturning the whole award, the ruling Democratic Celebration of Korea (DPK) hailed it, whereas the principle opposition Folks…

Zohran Mamdani, the mayor-elect of New York Metropolis, speaks to reporters at a lodge in Puerto Rico on Nov. 6, 2025. (AP/Yonhap) By Web optimization Soo-min, Hankyoreh public editor and affiliate professor at Sogang College Ten years in the past, I took up educating for the primary time at a public college in Philadelphia. As a result of in-state tuition at public universities prices lower than half that for out-of-state, I had many college students of coloration and of immigrant backgrounds. I keep in mind one younger man with distinctive writing abilities, who would stroll into my journalism class sporting a…

Chung Hong-sik, deputy minister and director normal for worldwide authorized affairs on the Ministry of Justice, speaks at a authorities briefing on the ICSID annulment choice (Courtesy of Yonhap) South Korea’s decisive victory in its long-running arbitration battle with Lone Star Funds was not the results of a single authorized breakthrough or a late procedural shock. It was the product of 20 years of institutional continuity, disciplined coordination throughout ministries and a authorized technique that by no means drifted, whilst governments modified and a whole lot of officers cycled by means of the case.On Tuesday, an annulment committee on the…

South Korea’s push to develop retail entry to funding banking merchandise, significantly by way of funding administration accounts (IMAs) and short-term finance devices, is anticipated to channel a further 20 trillion received ($14 billion) into early-stage firms by 2028. This transfer is consistent with the federal government’s broader effort to redirect market liquidity concentrated in conventional banks and actual property into enterprise capital and new applied sciences.On Wednesday, the Monetary Providers Fee (FSC) authorised Mirae Asset Securities Co. and Korea Funding & Securities Co. (KIC) because the nation’s first securities companies approved to supply funding administration accounts, or IMAs, eight…

ABU DHABI — First Girl Kim Hea Kyung promoted halal-certified Korean meals Wednesday as she accompanied President Lee Jae Myung on his go to to the United Arab Emirates, sampling the favored Buldak spicy rooster noodles.Kim attended a promotional occasion for Korean delicacies on the Korean Cultural Middle in Abu Dhabi, which showcases halal-certified Korean merchandise that meet laws permissible beneath Islamic regulation.She visited an exhibition sales space that includes Buldak spicy rooster noodles by Korean firm Samyang Meals, asking whether or not ramyeon is without doubt one of the objects that require halal certification.”It is scorching however scrumptious,” mentioned…

TAIPEI, Taiwan — Chinese language vacationers have canceled greater than half one million aircraft tickets to Japan since Saturday. Chinese language college students there have been informed to watch out. Two Japanese movies have been pulled from the Chinese language field workplace. Ships are patrolling in disputed waters. And state-affiliated lecturers are warning that the complete nation of Japan may very well be became a “battlefield.” And now, on Wednesday, China suspended imports of Japanese seafood.

Korean soccer star Son Heung-min on Wednesday attended the trial of a lady accused of blackmailing him with being pregnant claimsThe trial for the 20-something lady, surnamed Yang, was held on the Seoul Central District Courtroom on costs of blackmail and tried blackmail.Son of Los Angeles Soccer Membership appeared as a witness on the trial, which was closed to the general public.Yang is accused of extorting 300 million received ($205,000) from Son in June final 12 months after sending him an ultrasound picture of a child and threatening to disclose she was pregnant along with his baby.The lady was discovered…

LS Cable & System and LS Eco Vitality are quickly increasing their footprint within the international information heart energy infrastructure market with a sequence of main contract wins with tech giants in the US and Southeast Asia amid the rise in international funding in energy for information heart infrastructure.The businesses have proven notable efficiency in gross sales of bus ducts, which is a key gear used to provide large-scale energy for information facilities. LS Cable & System, the main bus duct provider in Korea, operates its provide chain with each its home factories in addition to LS Eco Vitality’s plant…

Nextrade, Korea’s first various inventory trade, is going through complaints from international buyers over a rule that limits buying and selling quantity, trade officers mentioned Wednesday.Underneath the regulation set by the Monetary Providers Fee, Nextrade can’t account for greater than 15 p.c of the full buying and selling quantity on the Korea Change (KRX).The rule is designed to make sure that Nextrade, which launched in March, challenges the KRX’s practically 70-year monopoly with out increasing excessively or creating pointless market competitors.Nextrade has gained a aggressive edge over the common KRX market by providing longer buying and selling hours — from…