Author: Seoul Reporter

SEATTLE — As new information exhibits an unexpectedly excessive variety of younger Korean engineers hoping to maneuver abroad, those that have already crossed the Pacific provide a glimpse of what life is actually like on the opposite aspect. Korean professionals in Silicon Valley and Seattle agree that the U.S. provides higher pay and freedom, however job safety stays fragile and uncertainty runs excessive.A latest survey from the Financial institution of Korea (BOK) discovered that just about two in three Korean scientists and engineers of their 20s and 30s are contemplating transferring overseas inside three years. For some, that dream has…

Printed: 19 Aug. 2025, 17:36 Up to date: 19 Aug. 2025, 21:14 Producers and forged of the hit Netflix sequence ″Squid Video games″ pose for images throughout a fan occasion for season three of the sequence at Seoul Sq. in Jung District, central Seoul, on June 28. [YONHAP]   Netflix’s megahit sequence “Squid Recreation” (2021-) took dwelling six awards on the twenty second Gold Derby TV Awards on Monday, together with Finest Drama Collection.   “Squid Recreation,” together with the Finest Drama Collection award, received the Finest Drama Actor award for Lee Jung-jae, Finest Drama Supporting Actress for Kang Ae-sim,…

A view of Lotte World Tower (Photograph courtesy of Lotte Group) Lotte Group is establishing an open innovation fund premised on cooperation between main associates and startups. The group plans to pursue synergy creation through the use of this fund as a medium to transcend easy fairness funding in startups and develop companies along with main group associates whereas looking for innovation. In response to the enterprise business on Nov. 3, Lotte Group is establishing the “Lotte-KDB Open Innovation Fund No. 2 (tentative title)” price 40 to 50 billion gained primarily based on funds from…

Caption: Sam Altman, CEO of OpenAI, speaks by a video titled “Constructing the Way forward for AI Collectively” on the SK AI Summit 2025 held at COEX Auditorium in Gangnam-gu, Seoul on Nov. 3. (Captured from NewsPim TV) Sam Altman, CEO of OpenAI, emphasised on Nov. 3 that synthetic intelligence (AI) infrastructure is a core basis of society, simply as railroads and the web had been. Altman made the comment whereas delivering a video lecture on the theme “Constructing the Way forward for AI Collectively” on the SK AI Summit held at COEX in Seoul. Saying that AI infrastructure on…

The Maldives this month barred individuals born after 2006 from smoking or buying tobacco merchandise within the nation, making the archipelago the primary nation to implement such a legislation.“People born on or after 1 January 2007 are prohibited from buying, utilizing, or being bought tobacco merchandise inside the Maldives,” the nation’s well being ministry mentioned Saturday. The brand new legislation, ushered in by President Mohamed Muizzu, leaves those that had been born in 2006 or earlier free to smoke.

Director Park Chan-wook attends a press convention for his newest movie, ″No Different Alternative,″ in Seoul on Aug. 19. [YONHAP]   No e-book has ever impressed director Park Chan-wook’s want to create a movie adaptation extra strongly than Donald E. Westlake’s “The Ax.”   At a press convention in Seoul on Tuesday, the acclaimed director affirmed as soon as once more what it meant to convey the e-book to the massive display screen — a mission he as soon as described because the one “I’ve wished to take advantage of for thus lengthy,” now titled “No Different Alternative.”   “It…

A K9 self-propelled howitzer runs by way of Center Jap desert. (Photograph courtesy of Hanwha Aerospace) The Truthful Commerce Fee (FTC) has launched intensive on-site investigations into allegations of subcontracting abuse by Hanwha Aerospace and Korea Aerospace Industries (KAI), consultant firms within the home protection trade. The measure follows suspicions of abuse of energy raised over the previous three years, together with stress on companion firms to chop unit costs. In line with the FTC and trade sources on Nov. 3, the FTC dispatched investigators to the headquarters of Hanwha Aerospace in Changwon, South Gyeongsang…

Kyle Clark, Founder & CEO of Beta Applied sciences rings the Opening Bell on the New York Inventory Alternate on Nov. 4, 2025. NYSEBeta Applied sciences, an electrical plane firm, debuted on the New York Inventory Alternate on Tuesday at $34 a share.On Monday, the corporate priced shares in its IPO at $34 every, above its anticipated vary of $27 to $33. Beta stated it offered 29.9 million shares, elevating over $1 billion. The inventory traded about 5% decrease after it opened.Beta’s IPO marks a significant check for the small however aggressive electrical vertical takeoff and touchdown (eVTOL) business that…

Printed: 19 Aug. 2025, 17:55 Singer Choi Jung-won of pop duo UN [SCREEN CAPTURE]   A courtroom ordered a restraining order towards singer Choi Jung-won of pop duo UN for stalking a lady, broadcaster SBS reported on Tuesday.   In response to the report, the 44-year-old singer snuck into a lady’s home with a weapon on Saturday. The sufferer filed for a restraining order towards Choi, which was granted on Monday by the Seoul Central District Courtroom, in response to SBS.     The order prohibits Choi from approaching the sufferer inside a 100-meter (328 ft) radius or from contacting…

Signage is seen exterior the pinnacle workplace of Korea Asset Administration Corp. in Busan. (BusinessKorea DB) President Lee Jae Myung ordered a whole halt to authorities asset gross sales at the moment underway or beneath evaluation on Nov. 3. This directive was delivered to all ministries and seems to stem from his evaluation that systemic enhancements are wanted following revelations that state property was offered in bulk at fire-sale costs beneath even appraised values in the course of the earlier administration. Authorities Spokesperson and Minister of Tradition, Sports activities and Tourism Choi Hwi-young introduced Lee’s emergency…