Author: Seoul Reporter

A U.S.-drafted U.N. decision endorsing President Donald Trump’s Gaza peace plan, set for a Safety Council vote Monday, has encountered stiff opposition from each Israel, which says it goes too far in envisioning a Palestinian state, and Palestinian organizations that say it doesn’t go far sufficient.

NH Funding & Securities headquarters constructing in Yeouido, Seoul (Photograph courtesy of NH Funding & Securities) NH Funding & Securities has internally finalized plans to increase its threat capital funding scale to roughly 2.4 trillion gained subsequent yr. This represents a rise of about 1 trillion gained in comparison with this yr’s 1.4 trillion gained. Following the growth of fairness capital to satisfy built-in administration account (IMA) authorization necessities, the corporate is continuing with full-scale funding execution. Analysts recommend this transfer aligns with monetary authorities’ coverage path towards increasing threat capital. NH Funding & Securities…

Park Jin-young, additionally recognized by his stage names J.Y. Park (JYP) (Photograph courtesy of the Presidential Workplace) JYP Leisure has shaken up the worldwide leisure business by topping TIME journal’s World’s Finest Firms in Sustainable Progress 2026 record. Following final 12 months’s rating of first in Korea and third globally, this 12 months, the corporate has climbed to the very best place amongst 500 world firms. On Nov. 12 (native time), TIME journal and German market analysis agency Statista unveiled their World’s Finest Firms in Sustainable Progress 2026 rankings, evaluating 500 firms worldwide with equal weighting given…

NEW YORK — The variety of newly enrolled worldwide college students at U.S. schools and universities dropped by 17 p.c this autumn following new restrictions on pupil visas and different Trump administration insurance policies, in keeping with a report launched on Monday.Among the many colleges citing declines in new enrollments, 96 p.c stated visa software issues had been an element, and 68 p.c cited journey restrictions, in keeping with the nonprofit Institute of Worldwide Training, which collected knowledge from 825 U.S. greater training establishments.As a part of its elevated scrutiny of authorized immigration, the Trump administration has instituted a lot…

Export containers are stacked at Pyeongtaek Port in Pyeongtaek Metropolis, Gyeonggi Province. (Captured from Pyeongtaek Port YouTube channel) Final month’s exports elevated for the fifth consecutive month, recording the very best efficiency for October. By area, China’s exports declined once more after two months, whereas U.S. exports continued detrimental progress for the third month. Based on the October export-import standing report introduced by the Korea Customs Service on Nov. 17, exports reached $59.5 billion, up 3.5% in comparison with the identical interval final 12 months. Imports decreased 1.5% to $53.5 billion, leading to a commerce…

ABU DHABI — A prime aide to South Korean President Lee Jae Myung stated Monday that he visited Saudi Arabia as a particular envoy on strategic financial cooperation over the weekend and delivered Lee’s private letter expressing hope to forge nearer ties with the Center Japanese nation.In a social media submit, Kang Hoon-sik, the presidential chief of employees, stated that he traveled to Saudi Arabia on Sunday, because the nation was not included in Lee’s ongoing Center East swing. Kang is presently accompanying Lee in Abu Dhabi on the president’s state go to to the United Arab Emirates.”Though President Lee…

The KOSPI index and won-dollare trade charge are displayed on the monitor of a inventory analyst on Nov. 17. (Captured from YTN) Whereas the Greenback Index (greenback worth) rose 3.1% between Sept. 16 and Nov. 11, the won-dollar trade charge elevated 6.1% (gained depreciation) throughout the identical interval, displaying a gained depreciation twice as a lot because the greenback’s worth achieve. The Greenback Index is an indicator that reveals the worth of the greenback towards six main currencies, together with the euro. Hyundai Financial Analysis Institute said in its report titled “Rising Chance of International Change Market…

Financial institution of Korea Governor Rhee Chang-yong (Joint Press Corps) Even after the discharge of joint truth sheets containing the outcomes of tariff agreements between Korea and the USA, authorities bond charges proceed to soar, intensifying market instability. As international buyers withdraw, authorities bond-linked financial institution bond charges are rising, driving up mortgage charges whereas deposit charges are additionally climbing again to the three% vary. This phenomenon of rising market rates of interest follows Financial institution of Korea Governor Rhee Chang-yong’s suggestion on Nov. 12 that the interest-cutting cycle, anticipated to finish within the first half…

LONDON — The British authorities on Monday proposed sweeping adjustments to its asylum coverage, together with headline measures similar to extending the ready time for everlasting residency from 5 to twenty years and permitting officers to grab valuables from asylum seekers to assist cowl processing prices.The transfer comes amid mounting frustration over the Labour authorities’s lack of ability to curb small-boat crossings of the English Channel, the place migrants typically try the harmful journey in overcrowded, unseaworthy boats.

HD Hyundai XiteSolution’s 2-ton class stand-up electrical forklift (Photograph courtesy of HD Hyundai XiteSolution) HD Hyundai XiteSolution has secured a large-scale order for electrical forklifts within the rising Latin American market. The corporate introduced on Nov. 17 that it has signed a contract to produce 230 electrical forklifts to Empresas Polar, Venezuela’s largest meals firm. The contract is valued at over 10 billion received, making it the most important electrical forklift provide contract ever signed by HD Hyundai XiteSolution in Latin America. The corporate will provide a complete of 230 models—178 two-ton class electrical forklifts…