Author: Seoul Reporter

The Seoul Reporter is an independent news platform uncovering untold stories from the heart of Korea. Our team of journalists and contributors expose corruption, highlight innovation, and bring unfiltered truth to readers worldwide from Seoul’s power corridors to its underground culture.

[ad_1] North Korean chief Kim Jong-un, middle, inspects regional factories in a number of counties of South Phyongan Province on Wednesday, forward of their official opening, on this photograph carried by the North’s official Korean Central Information Company, Friday. Yonhap North Korean chief Kim Jong-un has visited a number of regional factories forward of their official opening, stressing the development of such services is a “gigantic revolution” designed to enhance individuals’s livelihoods, state media reported Friday.Kim inspected regional-industrial factories in a number of counties of South Phyongan Province, together with the Sinyang and Pukchang counties, on Wednesday, as their official…

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[ad_1] Vehicles stay caught in heavy visitors in central Seoul, Thursday, as heavy snow advisories had been issued for Seoul, Incheon, Gyeonggi Province and elements of Gangwon Province. YonhapSubway providers in Seoul had been elevated by 20 runs through the morning rush hour Friday to ease visitors after heavy snowfall the earlier night time, the metropolitan authorities stated.The capital metropolis acquired its first snow of the season Thursday night, with over 5 centimeters of snowfall per hour and prompting an emergency catastrophe alert.The Seoul metropolitan authorities stated along with the subway will increase, it has additionally prolonged the morning peak…

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[ad_1] Sam Altman, CEO of OpenAI (Reuters) OpenAI, which led the unreal intelligence (AI) revolution and emerged as a startup greater than Large Tech, is going through a disaster. Regardless of displaying the quickest person progress in know-how historical past, considerations are mounting over whether or not infrastructure investments equal to 3 instances the corporate’s worth and 100 instances its annual income will translate into income. Just lately, person progress has stagnated whereas further funding attraction continues to face difficulties. On Dec. 2 (native time), Colette Kress, NVIDIA’s chief monetary officer (CFO), acknowledged that “we’ve got not…

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[ad_1] The logos of the highest 5 banks in Korea (BusinessKorea DB) The size of curiosity revenue for home banks has been stagnant since 2023, based on findings. Because of this whereas whole lending has elevated, banks’ core income supply of curiosity revenue has not grown considerably. The 12 months 2023 was when former President Yoon Suk Yeol criticized home banks’ enterprise practices, saying, “Small enterprise house owners and the self-employed are performing as servants to banks as they wrestle to repay their loans.” Trade analysts counsel that whereas extreme curiosity enterprise by monetary establishments needs to be…

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[ad_1] PARIS — A short dialog with a partisan AI chatbot can affect voters’ political opinions, research printed Thursday discovered, with evidence-backed arguments — true or not — proving notably persuasive.Experiments with generative synthetic intelligence fashions, akin to OpenAI’s GPT-4o and Chinese language different DeepSeek, discovered they had been in a position to shift supporters of Republican Donald Trump in the direction of his Democratic opponent Kamala Harris by nearly 4 factors on a 100-point scale forward of the 2024 U.S. presidential election.Opposition supporters in 2025 polls in Canada and Poland in the meantime had their views shifted by as…

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[ad_1] Discarded garments are heaped inside a buying and selling firm’s warehouse in Goyang, Gyeonggi Province, on this 2023 photograph. Courtesy of Daegu Textile MuseumThe rising dominance of the quick style enterprise mannequin in Korea has generated an enormous quantity of material and different textile waste and not using a correct system to deal with or recycle them, fueling calls to introduce new legal guidelines to handle the issue and encourage corporations to develop recycling applied sciences.In accordance with an October report from the Nationwide Meeting Analysis Service (NARS), the textile business in Korea accounts for 10 p.c of greenhouse…

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[ad_1] Oh Kyung-seok (left), CEO of Dunamu, and Lee Eun-hyung, vice chairman of Hana Monetary Group, take a commemorative photograph after signing a enterprise settlement for joint improvement of monetary companies using blockchain know-how on Dec. 3. (Picture courtesy of Dunamu) Upbit and Hana Monetary Group are embarking on innovation within the world capital market. Dunamu, the operator of Korea’s largest cryptocurrency alternate, introduced on Dec. 4 that it has signed a memorandum of understanding (MOU) with Hana Monetary Group for joint improvement of blockchain-based monetary companies. By way of this settlement, Dunamu and Hana Monetary Group plan…

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[ad_1] A gaggle of 36 international members participate in a dawn hike at Mount Bukhan throughout this 12 months’s Seoul Mountain climbing Week, Nov. 8. Courtesy of Seoul Tourism GroupA rising variety of worldwide vacationers are flocking to Seoul’s mountain trails, the place nature meets the town in what officers are calling “Okay-hiking.”In keeping with the Seoul Tourism Group, international guests to its mountain climbing tourism heart on Mount Bukhan surged 760 % this 12 months in comparison with the identical interval final 12 months, signaling a pointy rise within the exercise’s enchantment.The rise follows the success of this 12…

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[ad_1] TEL AVIV — Essentially the most distinguished anti-Hamas militia chief in Gaza, Yasser Abu Shabab, was killed Thursday in an “inner” dispute with one other household, his group mentioned in an announcement, doubtlessly undermining Israel’s efforts to assist native clans as a substitute for Hamas. [ad_2]

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