Author: Seoul Reporter

Asset-backed finance (ABF) is evolving from a defensive area of interest right into a central pillar of personal credit score’s growth, assembly buyers’ rising demand for diversification inside non-public credit score portfolio, mentioned senior portfolio managers from world funding corporations at ASK 2025. Joel Levin edited this text.

Han So-hee and Jeon Jong-seo flick wins greatest movie in Competitors at LEAFF’s tenth version “Mission Y” starring Han So-hee (proper) and Jeon Jong-seo (PlusM Leisure) Director Lee Hwan’s crime caper “Mission Y” took house the very best movie in competitors award on the tenth London East Asia Movie Pageant, capping a powerful pageant run for the South Korean heist thriller.The movie stars Han So-hee and Jeon Jong-seo as Mi-seon and Do-kyung, two ladies who flip to crime after shedding their financial savings. Their scheme to focus on a stash of hidden money and gold bars spirals right into a…

Samsung Biologics’ headquarters in Songdo, Incheon (Picture courtesy of Samsung Biologics) Samsung Biologics has recorded a cumulative order quantity of 5.519 trillion gained primarily based on public disclosures this yr, breaking the corporate’s largest annual order document since its founding. The business expects order efficiency to method 6 trillion gained by the tip of the yr. Samsung Biologics introduced on Nov. 4 that it signed an elevated contract manufacturing group (CMO) contract value roughly 275.9 billion gained ($200.15 million) with a European pharmaceutical firm. This represents the most important annual order document in firm historical past achieved…

Tesla CEO Elon Musk attends the Saudi-U.S. Funding Discussion board, in Riyadh, Saudi Arabia, Might 13, 2025. Hamad I Mohammed | ReutersNorway’s $2 trillion sovereign wealth fund mentioned it is going to vote towards Elon Musk’s trillion-dollar pay package deal at Tesla’s annual shareholder assembly this week, rebelling towards administration steering and threats from Musk to step down if the deal is rejected.Norges Financial institution Funding Administration (NBIM), which manages the fund — the most important of its type on the planet, and a serious shareholder in Tesla — mentioned on Tuesday that it had already solid its vote towards…

U.S. Secretary of Protection Pete Hegseth stated Tuesday that the USA will totally assist Korea’s plan to develop nuclear-powered submarines, reaffirming U.S. President Donald Trump’s prior approval of the initiative.“President Trump has authorised this historic step, and I need to reaffirm that call. As protection authorities, we are going to, after all, do our greatest to actively and totally assist it,” Hegseth stated throughout a joint press convention with Protection Minister Ahn Gyu-back after the 57th Safety Consultative Assembly (SCM) on the Ministry of Nationwide Protection in Seoul. He added, “There are different businesses concerned, together with the Division of…

US President Donald Trump and South Korean President Lee Jae-myung shake fingers throughout a ceremony on the Gyeongju Nationwide Museum in North Gyeongsang Province on Oct. 29, 2025. (AP/Yonhap) After South Korea reached a broad settlement with the US on protection points, together with the pursuit of a nuclear submarine and revision of the South Korea-US nuclear vitality settlement, at their summit subsequent week, Seoul now faces the duty of figuring out all of the finer particulars of the deal. Many consider that that is merely the beginning of a prolonged interval of negotiations, as most of those agreements will in…

Boy band AHOF performs the lead monitor “Pinocchio” throughout a showcase for the discharge of its second EP, “The Passage,” at Yes24 Reside Corridor in japanese Seoul on Nov. 4. [DANIELA GONZALEZ PEREZ]   Boy band AHOF held a comeback showcase on Tuesday at Yes24 Reside Corridor in japanese Seoul to have a good time the discharge of its second EP “The Passage.”   In the course of the occasion, the group carried out its lead monitor “Pinocchio” and B-side “Run at 1.5x Velocity” and in addition shared insights into its new album with the press.   The EP comes…

Commerce Minister Yeo Han-koo met on Tuesday with the top of the Korea Society, a U.S. nonprofit group selling exchanges between Korea and the USA, to debate methods in increasing financial ties between the 2 international locations.In his assembly with Korea Society President Thomas Byrne in Seoul, Yeo mentioned Seoul’s plan to speculate $350 billion within the U.S., a part of a bilateral commerce settlement, stressing that it’s anticipated to assist strengthen provide chain cooperation between the 2 international locations, in response to the Seoul commerce ministry.Final week, Seoul and Washington finalized an settlement on the main points of Seoul’s…

Cowl of Pak Search engine marketing-won’s poetry assortment, which incorporates “Calling 1” / Courtesy of Choicheuks PublishingAs a visible artist primarily based in Germany, Sooj Heo, the Grand Prize winner within the poetry class, is a loyal poetry lover who found the great thing about language and translation whereas rendering Korean poems for her associates who could not learn the language. “I needed to share those I cherished with associates who couldn’t learn Korean, so I used Google Translate’s digicam function. The mistranslations fascinated me — how phrases slip, meanings deform and reassemble. That curiosity led me to begin translating…

Binggrae CI (Photograph courtesy of Binggrae) Binggrae Co., which was dropped at trial on fees of colluding with ice cream firms on ice cream costs, had its advantageous confirmed by the Supreme Court docket. In accordance with the authorized neighborhood on Nov. 4, the Supreme Court docket’s First Division rejected the enchantment final month in opposition to Binggrae Co., Ltd., which was indicted on fees of violating the Monopoly Regulation and Honest Commerce Act, confirming the decrease courtroom’s ruling that sentenced the corporate to a advantageous of 200 million received. Binggrae was dropped at trial…