Author: Seoul Reporter

A forex alternate fee signal board in Seoul exhibits the Korean gained continues to fall versus the greenback on Nov. 19, 2025 South Korean corporations are drawing up subsequent 12 months’s enterprise plans on the idea that the international alternate fee will keep above 1,400 gained per greenback, a survey of forex consultants exhibits.A majority of the respondents count on the period of elevated forex volatility to persist, prompting requires deregulation and investment-friendly reforms to stabilize the forex market.A survey of 100 treasury and international alternate specialists at corporations and monetary establishments, performed by The Korea Financial Every day between…

South Korea and the United Arab Emirates (UAE) have agreed to collectively pursue nuclear power exports to 3rd nations, whereas Seoul can be poised to participate within the UAE’s formidable sovereign AI initiative, spearheaded by OpenAI.Throughout South Korean President Lee Jae Myung’s state go to to Abu Dhabi, the capital of the UAE, the 2 nations issued a joint declaration to deepen cooperation throughout key strategic areas, together with nationwide protection, Korean popular culture, medical providers and biotechnology.“Constructing on the success of the Barakah Nuclear Vitality Plant, each nations will collectively pursue third-country nuclear initiatives,” the joint declaration said. “Cooperation…

In only a handful of years, synthetic intelligence (AI) has reshaped how we expect and have interaction with the world. Generative AI has already reworked our digital habits, changing into for a lot of a major, one-stop supply of knowledge. It’s remapping the office, the classroom, the halls of politics and even the material of tradition itself.“AI didn’t simply change know-how; it modified human habits. And as soon as human habits adjustments, society strikes at a wholly completely different velocity,” mentioned Simon Lee, CEO of Flitto, an AI-powered translation and dwell interpretation supplier. His remarks got here Tuesday night on…

For many who worship on the altar of “a win is a win” mantra, the boys’s nationwide soccer group had a extremely good yr, as they posted eight wins, three attracts and two losses.Upon nearer inspection, although, it isn’t that tough to determine Korea as a deeply flawed group with points that have to be addressed forward of the 2026 FIFA World Cup.Coached by Hong Myung-bo, Twenty second-ranked Korea defeated No. 76 Bolivia 2-0 final Friday after which No. 73 Ghana 1-0 on Tuesday of their last two matches of the yr. Whereas Hong careworn the significance of outcomes above…

WASHINGTON — The “Epstein Information,” sealed for years and the thing of frenzied hypothesis, are one step nearer to being launched to the general public.Each the U.S. Home of Representatives and Senate moved Tuesday to order the discharge of presidency information associated to the investigation of convicted intercourse offender Jeffrey Epstein.The rich and well-connected financier died in jail in 2019 whereas awaiting trial on prices of intercourse trafficking underage women.However his loss of life did nothing to staunch the furor over his connections with high-profile enterprise executives, celebrities and politicians, together with former shut good friend President Donald Trump.So what…

Two extra folks have died from their accidents after a truck crashed into a standard market in Bucheon final week, police mentioned Wednesday.A 20-something man and an 80-something lady died Tuesday and Wednesday, respectively, elevating the loss of life toll from the accident to 4, in keeping with the Gyeonggi Nambu Provincial Police.Each had been guests to Jeil Market in Bucheon, Gyeonggi Province when the 1-ton pickup plowed by way of its slim passage Thursday morning, killing two girls of their 60s and 70s.One other 17 folks have been injured, however none are in life threatening situation.Police mentioned they plan…

North Korean chief Kim Jong-un speaks at an occasion commemorating the eightieth anniversary of the founding of the Employees’ Celebration of Korea on Oct. 9, 2025. (KCNA/Yonhap) Concerning the joint reality sheet on the agreements reached throughout South Korea’s most up-to-date summit with the US, which explicitly mentions the denuclearization of North Korea as a standard aim, North Korea protested it as proof that the “confrontational intention of the US and the ROK to stay hostile in the direction of the DPRK” has been confirmed because the official coverage of Seoul and Washington. In a commentary printed on Tuesday, the state-run…

The central financial institution on Wednesday referred to as for measures to take care of the money circulation system amid declining money acceptance on public transportation, in shops and by different entities.The decision was made throughout a gathering of the forex circulation system council, which was attended by the Financial institution of Korea (BOK) and different related organizations.”An rising variety of buses, shops and even native authorities–affiliated establishments started limiting money funds lately. The business can be experiencing adjustments, with some money transportation companies and non-bank ATM operators suspending operations,” BOK official Kim Gi-won mentioned.”Proactive measures are wanted to protect…

Nationwide Meeting Speaker Woo Received-shik has met with Qatari Emir Sheikh Tamim bin Hamad Al Thani to debate increasing bilateral cooperation in protection and vitality, officers stated Wednesday.Throughout the talks held Tuesday (native time) in Doha, Woo known as on Qatar to take higher curiosity in Korea’s protection trade, saying it has made vital developments, particularly in missile protection methods.”The 2 international locations have maintained a mutually useful relationship within the liquefied pure gasoline (LNG) sector over the previous 30 years,” he stated, expressing hope that their partnership will broaden to areas of photo voltaic and different renewable vitality.Woo additionally…

In only a handful of years, synthetic intelligence (AI) has reshaped how we expect and have interaction with the world. Generative AI has already reworked our digital habits, changing into for a lot of a main, one-stop supply of knowledge. It’s remapping the office, the classroom, the halls of politics and even the material of tradition itself.“AI didn’t simply change know-how; it modified human habits. And as soon as human habits modifications, society strikes at a wholly totally different pace,” stated Simon Lee, CEO of Flitto, an AI-powered translation and reside interpretation supplier. His remarks got here Tuesday night on…