Author: Seoul Reporter

Korea recorded its second-slowest wage job development within the second quarter, primarily because of a droop within the building sector and a continued decline in youth employment, authorities knowledge confirmed Tuesday.The variety of wage worker positions stood at 20.95 million as of Could 2025, up 111,000 from the identical interval a 12 months earlier, in line with the information from the Ministry of Knowledge and Statistics.It marked the second smallest quarterly acquire for the reason that first quarter of this 12 months when solely 15,000 positions have been added.”Though there was some restoration within the well being and social welfare…

South Korea’s retail traders are shifting cash into US shares and bonds at an unprecedented tempo, pouring report sums into US dollar-denominated property regardless of a sharply weaker Korean gained and lofty valuations in US markets. The sheer scale and endurance of those flows are remaking Korea’s foreign money dynamics and entrenching a suggestions loop that’s powerful to interrupt.Knowledge obtained by Park Sang-hyuk, the nation’s ruling Democratic Get together lawmaker, from the Monetary Supervisory Service (FSS) confirmed on Tuesday that people exchanged 157.6 trillion gained ($107.6 billion) for foreign exchange at 9 main brokerages, together with Mirae Asset Securities Co.,…

The protection ministry is pushing to determine a brand new deputy minister put up answerable for synthetic intelligence (AI) coverage to bolster the usage of AI within the navy, in accordance with a report submitted to an opposition lawmaker Tuesday.Below the reform plan, the ministry will create the brand new place to supervise all AI-related capabilities, together with logistics, info and navy property, in accordance with Rep. Kang Dae-sik of the principle opposition Folks Energy Get together.It’s a part of the ministry’s plan to execute an organizational overhaul in January.The transfer displays the rising significance of AI know-how in future…

Kim Jin-a, 32, a marathon membership chief, makes use of KakaoBank’s group account when shopping for T-shirts in bulk and paying race charges.“Our marathon membership has to handle month-to-month race charges and workforce T-shirt prices. KakaoBank’s group account has helped me quite a bit.”The clear data shared amongst members guarantee there aren’t any misunderstandings about how the collected funds are spent.“There’s no room for suspicion or doubt, since members can see the place their cash goes. Different bills are additionally simply manageable. With out the group account, I’d have needed to verify the whole lot manually — quite a lot…

AI healthcare specialist NexV (CEO Hyunji Yoon) has formally introduced the event of a brand new idea psychological well being answer at MEDICA 2025, the world’s largest medical system exhibition held in Düsseldorf, Germany. This announcement marks the full-scale launch of the corporate’s entry into the worldwide market. MEDICA, an exhibition that attracts over 80,000 medical professionals and patrons yearly in Düsseldorf, noticed the participation of roughly 5,600 firms from 71 international locations this yr. This expertise is a analysis challenge chosen for the government-led ‘Micro DIPS (Tremendous hole 1000)’ program, positioned as a…

Simply 20 years in the past, many South Koreans considered China favorably whereas eyeing the US with a level of skepticism. Immediately, the tables have turned — round 70 to 80 % of South Koreans now maintain unfavorable views of China, marking a putting reversal in public sentiment.Specialists at a Korea-China relations discussion board in Seoul final week highlighted this stark shift, emphasizing the necessity for larger efforts from the Chinese language authorities to enhance its picture in South Korea.On the discussion board, co-hosted by the Seoul-based Institute for World Technique and Cooperation and the Beijing-based World Governance Establishment, specialists…

NEW DELHI — A powerful landslide by Prime Minister Narendra Modi’s Bharatiya Janata Get together in regional elections within the jap state of Bihar has demonstrated the attain and resilience of the BJP, analysts stated, and the fractured state of the Indian opposition.

Greater than 200 staff employed at Cheong Wa Dae, the previous presidential office-turned-public attraction, are going through job insecurity as their contracts method expiration following the positioning’s closure to guests. The employees, accountable for cleansing, landscaping, safety and visitor companies, have been employed after the presidential workplace relocated to Yongsan District throughout the Yoon Suk Yeol administration and Cheong Wa Dae was opened to the general public. Cheong Wa Dae welcomed 8.52 million guests over the previous three years. Nonetheless, operations have been halted in August after the presidential workplace introduced its return to the compound on June 10. Since…

North Korean chief Kim Jong-un speaks at an occasion commemorating the eightieth anniversary of the founding of the Employees’ Social gathering of Korea on Oct. 9, 2025. (KCNA/Yonhap) North Korea issued its first official response to the joint reality sheet launched after the South Korea-US summit and the joint assertion of the South Korea-US Safety Consultative Assembly, warning that South Korea’s development of nuclear-powered submarines will result in a “nuclear domino” impact within the area. It additionally denounced the 2 nations’ acknowledged aim of the “full denuclearization” of North Korea.In an editorial titled “Commentary on Confrontational Declaration of US-ROK Alliance,”…

A foreigner selects glasses at an eyewear store in Seoul (Courtesy of Clipart Korea) When international vacationers contact down in Seoul today, many nonetheless make the well-trodden pilgrimages to Daiso, Korea’s largest low cost retailer chain, and CJ Olive Younger, the nation’s No. 1 magnificence retailer.More and more, although, one other cease is becoming a member of the itinerary: eyewear retailers.Korea’s eyewear retailers have change into a shock hit amongst worldwide vacationers, providing speedy manufacturing, clear pricing and glossy designs which have begun to place Korean glasses, or “Okay-glasses,” as the subsequent area of interest after magnificence and medical tourism,…