Author: Seoul Reporter

Lotte Biologics and Rakuten Medical have signed a contract manufacturing group (CMO) settlement. Pictured (from left) are Abhjit Bhatia, chief working officer of Rakuten Medical; Minami Maeda, president of Rakuten Medical; James Park, CEO of Lotte Biologics; and Shin Yoo-yeol, CEO of Lotte Biologics. (Photograph courtesy of Lotte Biologics) Lotte Biologics signed its first contract of the 12 months on the JP Morgan Healthcare Convention (JPMHC) 2026. Lotte Biologics introduced on Jan. 13 (native time) that it had entered right into a contract manufacturing group (CMO) settlement for biopharmaceuticals with Japan’s Rakuten Medical. The contracted…

KATSEYE / Courtesy of HYBEHybe’s U.S.-based woman group KATSEYE has positioned three songs on the U.S. Billboard’s foremost singles chart this week, led by “Gabriela,” which rose one spot to a brand new peak of No. 21 for the group, Billboard stated Tuesday (U.S. time).The group’s newest launch, “Web Lady,” debuted at No. 29, whereas “Gnarly” slipped seven locations to No. 89. The feat marks the act’s first time touchdown three tracks concurrently on the chart.Songs from the unique soundtrack of Netflix’s “KPop Demon Hunters” maintained robust showings on the chart, with “Golden” at No. 3, “Soda Pop” at No.…

Former Brazilian worldwide Gilberto Silva, heart, stands subsequent to the FIFA World Cup Trophy in New Delhi in the course of the FIFA World Cup Trophy Tour, Jan. 10. Reuters-Yonhap The championship trophy for the FIFA World Cup can be showcased in Seoul this week as a part of the worldwide tour forward of the upcoming event, the occasion’s organizers introduced Wednesday.Organized by Coca-Cola, the FIFA World Cup Trophy Tour will make its two-day cease within the Korean capital beginning Friday at CGV Yongsan IPark Mall. The trophy will first be unveiled at a media convention Friday afternoon and can…

South Korean prosecutors on Tuesday mentioned they had been looking for the demise sentence for former president Yoon Suk Yeol over his failed try to declare martial legislation in December 2024.The particular counsel group, assembled within the wake of Yoon’s impeachment in April, described the previous president because the ringleader of an revolt, citing his efforts to grab management of the judiciary and legislature in the course of the abortive martial legislation try. The whole episode lasted six hours.

A job truthful in Seoul, Nov. 6, 2025 / Yonhap Korea maintained year-on-year employment development on the 100,000 degree for the second consecutive 12 months in 2025, as job losses continued within the manufacturing and development sectors and youth employment remained sluggish, knowledge confirmed Wednesday.The variety of employed individuals elevated 193,000, or 0.7 %, from a 12 months earlier to twenty-eight.77 million final 12 months, in keeping with the info from the Ministry of Information and Statistics.Job creation had been extra sturdy within the quick post-pandemic interval, with 816,000 new positions added in 2022, marking the biggest year-on-year improve in…

Rep. Adrian Smith (R-NE) speaks throughout a listening to on the commerce subcommittee of the Home Methods and Means Committee on the Capitol in Washington, Jan. 13. Captured from Methods and Means Committee YouTube account WASHINGTON — A U.S. lawmaker claimed Tuesday that South Korean regulators seem like “aggressively” concentrating on Coupang Inc., a U.S.-listed agency, by means of “discriminatory” actions, because the e-commerce big is underneath intense scrutiny in Seoul over an enormous buyer knowledge leak.Rep. Adrian Smith (R-NE), chair of the commerce subcommittee of the Home Methods and Means Committee, made the declare throughout a listening to, as…

A monetary information display screen at Shinhan Financial institution in Seoul, Tuesday / YonhapKorea’s inventory market capitalization has jumped almost 80 % in only one 12 months, fueled by sturdy positive factors in Samsung Electronics and SK hynix amid booming demand for synthetic intelligence (AI) chips, business information confirmed Wednesday.The whole worth of native listed shares got here to three,972 trillion gained ($2.69 trillion) as of early January, up 76.2 % from 2,254 trillion gained a 12 months earlier, in accordance with the information compiled by the Korea CXO Institute.The variety of listed firms with a market capitalization of 1…

A nonetheless from “The Nice Flood” / Courtesy of Netflix The sci-fi catastrophe movie “The Nice Flood” held the No. 1 spot for the fourth consecutive week on Netflix’s non-English motion pictures chart, the streaming service mentioned Wednesday.Directed by Kim Byung-woo, the Netflix unique garnered 5.2 million views for the week ending Jan. 11, outperforming the Indian courtroom drama “Haq,” which logged 4.5 million views.The movie’s recognition propelled it to No. 7 on Netflix’s all-time prime 10 hottest non-English motion pictures, turning into the one South Korean entry on the checklist.”The Nice Flood,” launched Dec. 19, depicts the struggles of…

Kyowon Group CI (Picture courtesy of Kyowon Group) The Private Info Safety Fee (PIPC) introduced on Jan. 13 that it has launched an investigation into private info leakage following the receipt of a private info leak report from Kyowon Group. Kyowon Group reported to the fee on at the present time that “irregular site visitors incidence and information leakage circumstances have been confirmed.” The fee is at the moment verifying whether or not private info was leaked. The associates that Kyowon Group reported as having private info leaked are eight firms: Kyowon Co., Kyowon Kumon,…

Korea head coach Lee Min-sung, proper, watches his workforce in motion towards Uzbekistan throughout their Group C match on the Asian Soccer Confederation U-23 Asian Cup at Prince Faisal bin Fahd Sports activities Metropolis Stadium in Riyadh, Jan. 13. Courtesy of the Korea Soccer Affiliation Korea head coach Lee Min-sung is keen to take the blame for his workforce’s lackluster efficiency to date on the high Asian males’s under-23 soccer event in Saudi Arabia, the place his facet lucked their method into the knockout stage.Lee’s Korea misplaced to Uzbekistan 2-0 to shut out Group C motion on the Asian Soccer…