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.
Unification Minister Chung Dong-young prolonged his condolences Tuesday over the demise of Kim Yong-nam, former titular head of North Korea, saying in a message that he had contributed to the event of inter-Korean ties.North Korea’s state media stated earlier within the day that Kim, former chairman of the Standing Committee of the Supreme Individuals’s Meeting, died the day before today from a number of organ failure associated to most cancers. He had been battling colorectal most cancers since June final yr.”I categorical my condolences over the demise of Kim,” Chung stated in a message launched to the press on behalf…
Cowl of Kim Ji-yeon’s “The Issues that Go By” / Courtey of VookdaWritten by Kim Ji-yeonTranslated by Diana AkhmetovaYoungkyung appeared solely after every little thing else had already handed. We first met via a courting app. Assembly folks that manner was all the time a protracted, exhausting course of. I wrung out each final drop of braveness I had, together with braveness I didn’t, and saved making an attempt time and again. Most individuals both stopped replying midway via a dialog or by no means confirmed up on the place we’d agreed on. I needed to ask why I saved…
Samsung C&T head workplace in central Seoul (Picture courtesy of Samsung C&T) Samsung C&T is partnering with Japanese renewable power firm Irex to focus on the native power storage system (ESS) market. Based on the Nihon Keizai Shimbun and different sources on Nov. 4, Samsung C&T Japan will set up an area three way partnership with Irex to develop large-scale ESS tasks. The three way partnership’s funding ratio between the 2 corporations is reportedly 50-50. Samsung C&T plans to supply know-how and funding funding for ESS infrastructure growth to be constructed all through Japan. …
In pitching itself instead international chief to the USA, China repeatedly stresses that it practices a “coverage of noninterference.” That was the message Chinese language International Minister Wang Yi promoted when he visited neighboring Myanmar in August 2024: Regardless of the “chaos and battle” of the nation’s civil struggle, Beijing opposes “any interference in Myanmar’s inside affairs by outdoors forces,” he stated.
President Lee Jae Myung on Tuesday referred to as on the Nationwide Meeting to approve subsequent 12 months’s funds, unveiling a document 728 trillion received ($525 billion) spending plan — an 8.1 % improve from this 12 months — amid what he described as sweeping modifications in world commerce and the fast rise of synthetic intelligence (AI). The proposal represents the Lee administration’s first full-year funds and the most important in Korea’s historical past.Delivering a coverage deal with on the Meeting, Lee underscored that the 2026 funds will prioritize the AI business. He introduced that 10.1 trillion received can be…
Blue Ocean Applied sciences stated Tuesday it’s “totally ready” for the resumption of U.S. inventory buying and selling throughout Korea’s daytime hours, as Korean brokerages restarted the service following a 15-month suspension.The U.S.-based different buying and selling system (ATS) additionally stated it’s welcoming again Korean buyers — certainly one of its largest buyer teams.”Blue Ocean Applied sciences is happy to welcome the return of Korean buyers buying and selling on our refined platform,” stated CEO Brian Hyndman in an announcement to The Korea Instances. “The Blue Ocean ATS platform is totally ready for this growth and continues to increase its…
“Golden,” a success tune from the Netflix animated movie “KPop Demon Hunters,” held regular at No. 2 on the U.S. Billboard Scorching 100 chart, Billboard stated Monday (U.S. time).The observe remained in second place for the second straight week, following eight non-consecutive weeks on the prime of the chart.Taylor Swift’s newest single, “The Destiny of Ophelia,” continued its reign at No. 1 for the fourth consecutive week.The Billboard Scorching 100 ranks the preferred songs in the USA throughout all genres, combining knowledge from streaming, radio airplay and gross sales.
Kumho Tire introduced its provisional Q3 2025 efficiency on a consolidated foundation with gross sales of 1.114 trillion received and working revenue of 108.5 billion received. Q3 gross sales reached 1.114 trillion received resulting from elevated gross sales of high-value-added merchandise in main world markets together with North America and Europe, and expanded new OE provide to completed automobile producers. Kumho Tire has maintained quarterly gross sales of over 1 trillion received for eight consecutive quarters since This autumn 2023, and secured an working revenue margin of 9.7% by way of elevated gross sales…
Korean leisure powerhouse to roll out devoted hub in Disney+ Japan (Tving) Korean streaming platform Tving, house to hit originals comparable to “Pretty Runner” and “Transit Love,” will turn into obtainable in Japan beginning Wednesday.Based on Tving, the platform entered right into a strategic partnership with Disney+ and can formally roll out a devoted hub, titled Tving Assortment, inside Disney+ Japan.The launch marks each Tving’s debut in Japan and the primary time Disney+ has created a devoted streaming model hub inside its platform within the Asia-Pacific area.Tving described Japan as a “key strategic market” in its growth plans.“Japan is a…
Dongkuk Metal’s rebar plant in Incheon (Photograph courtesy of Dongkuk Metal) The federal government has launched into tools restructuring for normal metal merchandise similar to rebar and formed metal. As an alternative, it determined to speculate a complete of 770 billion gained, together with 200 billion gained in analysis and improvement (R&D) assist and 570 billion gained in monetary assist, for high-value merchandise similar to particular carbon metal. The Ministry of Economic system and Finance, the Ministry of Commerce, Business and Sources, and different associated ministries held the Financial Ministers’ Assembly and the Industrial Competitiveness…