Author: Seoul Reporter

Monetary leaders from Switzerland visited Toss Financial institution’s headquarters in Seoul to be taught concerning the improvements and achievements of Korea’s internet-only banks, Toss Financial institution stated Thursday.The web-only lender stated the Swiss delegation, consisting of 18 members, was welcomed by Toss Financial institution workers, together with CEO Rhee Eun-mi, Wednesday. Composed of C-level executives from main Swiss cantonal banks, the group represents key leaders within the nation’s monetary ecosystem. Switzerland has 26 cantonal banks, every established by its respective cantonal authorities to help the native economic system and monetary infrastructure.Their go to to Toss Financial institution was organized by…

Kospi enters uncharted territory, powered by Samsung, SK Hynix, different blue chips The Kospi inventory index closes up 2.5% at a recent file excessive of three,941.59 on Oct. 24, 2025, led by Samsung Electronics and SK Hynix, whose mixed market cap surpasses 1,000 trillion gained South Korea’s benchmark inventory index Kospi climbed above 3,900 factors to a recent file excessive on Friday,

Revealed: 06 Nov. 2025, 16:59 Boy band Newbeat [BEAT INTERACTIVE]   Newbeat has signed with Chinese language leisure firm Fashionable Sky for its upcoming music and actions in China, the boy band’s Korean company Beat Interactive stated Thursday.   Fashionable Sky is certainly one of China’s largest expertise businesses, managing some 160 artists and releasing over 600 albums. It focuses on music, publication and exhibits, notably the Strawberry Music Competition and MDSK Music Competition.   Extra data on future initiatives in China shall be introduced later.   Newbeat debuted in March and has rolled out singles “Jello,” “Hiccups” and “Flip…

Nationwide Meeting Speaker Woo Gained-shik met with Indonesian Ambassador to Korea Cecep Herawan on the Nationwide Meeting on Wednesday to debate methods to strengthen bilateral cooperation.Woo welcomed the latest progress in Seoul–Jakarta relations, noting that the 2 leaders held their first bilateral summit since taking workplace final week in Gyeongju. “I’m happy that each nations agreed to deepen cooperation,” Woo stated. “Subsequent week, the MIKTA Audio system’ Session can be held in Seoul, and I stay up for welcoming Home Speaker Puan Maharani.”He highlighted that greater than 2,300 Korean corporations are working in Indonesia, contributing considerably to job creation and…

BERLIN — Dozens of automobiles, mailboxes and home partitions have been painted with purple swastikas, believed to be utilizing human blood, on Wednesday within the western German metropolis of Hanau.The general public show of Nazi symbols is illegitimate in Germany and a police investigation was underway on Thursday.

Joint Chiefs of Workers (JCS) Chairman Gen. Jin Yong-sung has ordered a full substitute of generals on the prime army management as a part of personnel reform following final yr’s martial legislation turmoil, sources stated Thursday.In response to the sources, Jin has ordered the substitute of all generals on the JCS, in addition to lieutenant colonels and colonels who’ve served on the group for 2 years or longer.”The measure is a part of personnel reform within the aftermath of the martial legislation (try),” a army official stated.Below the order, round 40 generals presently affiliated with the JCS are anticipated to…

CCTV footage from the presidential workplace on the night time of Dec. 3, 2024, when Yoon Suk-yeol declared martial regulation, is proven on a monitor in a courtroom in the course of the trial of Han Duck-soo, Yoon’s former prime minister, on expenses of aiding and abetting an rebellion on Oct. 13, 2025. (courtesy of the Seoul Central District Court docket) By Hannes Mosler, professor of Korean politics and society on the College of Duisburg-EssenFormer President Yoon Suk-yeol’s unlawful declaration of martial regulation final Dec. 3 was the apotheosis of the authoritarian type of rule he had constructed beneath the…

Mobility startups valued at a whole bunch of billions of gained may face challenges in going public, as a proposed invoice seeks to fully ban electrical scooters — the core of their shared transportation enterprise, business officers stated Thursday.The invoice, proposed by Rep. Kim So-hee of the principle opposition Individuals Energy Get together (PPP), goals to take away electrical scooters from the legally acknowledged listing of private mobility units and prohibit their operation completely.The proposal, submitted on Oct. 31, comes amid a surge in accidents involving electrical scooters. In keeping with knowledge from the Korea Street Site visitors Authority, the…

Comedy is dominating Korean theaters this 12 months, signaling a shift in viewers style. From “My Daughter Is a Zombie,” the 12 months’s largest box-office hit, to “The First Trip,” which lately broke the profitable streak of Japanese anime movies, moviegoers are turning to laughter because the style main the post-summer field workplace. “The First Trip” has topped the home field workplace for six consecutive days, overtaking “Chainsaw Man: Reze Arc,” the Japanese anime that had been main international charts.Launched on Oct. 29, the movie follows 5 longtime buddies — Tae-jung (Kang Ha-neul), Do-jin (Kim Younger-kwang), Yeon-min (Cha Eun-woo), Geum-bok…

Samsung Bioepis headquarters in Songdo, Incheon (Picture courtesy of Samsung Bioepis) Samsung Bioepis Co. has signed a settlement and license settlement with Johnson & Johnson regarding the commercialization of PYZCHIVA, a biosimilar to Stelarai (ustekinumab), in Europe. The phrases of the settlement stay confidential. Ustekinumab is a human immunoglobulin G1 kappa (IgG1κ) monoclonal antibody that stops irregular regulation of IL-12 and IL-23 related to immune-mediated ailments. PYZCHIVA, developed by Samsung Bioepis, was accepted as a biosimilar to Stelara (ustekinumab) by the European Fee (EC) in April 2024. PYZCHIVA is presently accepted for the remedy of adults and paediatric sufferers from…