Author: Seoul Reporter

[ad_1] Lim Ki-hoon, former secretary of protection, is seen on the workplace of the particular prosecutor in southern Seoul, Aug. 8. Korea Occasions picture by Park Si-mon A former Military lieutenant common was suspended from his publish for a month earlier than retiring in October over his alleged involvement in a cover-up case associated to the 2023 loss of life of a Marine, army officers mentioned Monday.Lim Ki-hoon, former secretary to the president for nationwide protection and ex-president of the Korea Nationwide Protection College, was given a one-month suspension on Oct. 31, simply six days shy of his scheduled discharge…

[ad_1] Coupang’s constructing in Seoul / YonhapPolice stated Monday they’re monitoring down the suspect behind a large information breach at e-commerce big Coupang after securing the Web Protocol (IP) handle that was used.The breach started in June, resulting in the leak of private info of practically 34 million clients, similar to names, emails, mailing addresses and cellphone numbers, the corporate stated Saturday.A former worker, a Chinese language nationwide who has since left Korea, has been recognized because the perpetrator, it stated.”We’re analyzing server logs submitted by Coupang,” an official with the Seoul Metropolitan Police instructed reporters. “We’ve got secured the…

[ad_1] The pinnacle workplaces of Hyundai Motor Co. and Kia Corp. in Yangjae-dong, southern Seoul (Photograph courtesy of Hyundai Motor Group)  Hyundai Motor Co. introduced on Dec. 1 that it bought a complete of 349,507 items in world markets in November. This represents a 2.4% lower in comparison with the identical interval final 12 months. Cumulative gross sales by means of November reached 3,156,663 items, down 0.4% from final 12 months. The corporate bought 61,008 items within the home market in November, a 3.4% lower in comparison with the identical month final 12 months. Sedan gross…

[ad_1] Sionic AI, a Seoul-based enterprise AI startup, has raised KRW 25 billion (about USD 18 million) in new funding, bringing its complete capital raised to greater than KRW 30 billion. The spherical drew participation from 10 buyers, together with strategic buyers Naver Cloud and IBK Industrial Financial institution of Korea, in addition to top-tier monetary buyers resembling Atinum Funding, LB Funding, IMM Funding, KT Funding, Companions Funding, Korea Funding Companions, Mirae Asset Enterprise Funding·Flux Ventures, BSK Funding, and Samsung Enterprise Funding. Based in 2022, Sionic AI develops STORM, a no-code platform that…

[ad_1] Members of the Korea Skilled Soccer League’s disciplinary committee maintain a gathering on the league headquarters in Seoul, Nov. 19, reviewing a controversial “slanted-eye” gesture made by Jeonbuk Hyundai Motors assistant coach Mauricio Taricco towards referee Kim Woo-seong throughout a match. Yonhap The Korean soccer league on Monday rejected an attraction by an Argentine coach of a penalty imposed on him over an alleged racist motion.Following a unanimous choice at its board assembly, the Korea Skilled Soccer League (Okay League) stated it would uphold a five-match suspension and a 20 million-won (US$13,600) advantageous on Mauricio Taricco, assistant coach for…

[ad_1] Two Korean nationals have been detained in Iran over alleged smuggling, diplomatic sources mentioned Monday.The 2 people, together with an Iranian nationwide, have been taken into custody round Nov. 20 within the southwestern area of the nation on smuggling prices, the sources mentioned.One of many Koreans is an worker of a Korean public establishment, whereas the opposite is a Korean resident in Iran, and all three are going through the identical prices, they added.Additional particulars haven’t but been confirmed.Korean diplomatic authorities mentioned they’ve been in touch with the native embassy and Iranian officers because the incident and are offering…

[ad_1] Coupang CEO Park Dae-jun bows in apology whereas addressing reporters on the central authorities complicated in Seoul on Nov. 30, 2025, following an emergency assembly with heads of related companies in response to a buyer knowledge leak by the e-commerce large. (Kim Hye-yun/Hankyoreh) Private knowledge related to 33.7 million buyer accounts on Coupang, South Korea’s largest e-commerce platform, has been leaked. What’s worse is that this leak of data for primarily all Coupang customers had been occurring for at the very least 5 months — all whereas the agency remained oblivious. Contemplating the sheer scale of the leak, rigorous motion…

[ad_1] This photograph reveals dealing room of Hana Financial institution in central Seoul, Monday / YonhapKorean establishments’ funding in international securities rose for the third consecutive quarter within the three months resulted in September, partly as a result of an increase in funding but additionally on the again of rising worth of their holdings, central financial institution information confirmed Monday.The excellent worth of international securities held by native institutional buyers stood at $490.21 billion as of end-September, up $24.67 billion from three months earlier, in response to the info from the Financial institution of Korea (BOK).The tip-September studying additionally marks…

[ad_1] Ulsan HD FC ahead Lee Dong-gyeong poses with the trophy throughout the annual awards ceremony at Swiss Grand Resort in Seoul, Monday. YonhapUlsan HD FC ahead Lee Dong-gyeong has been voted the MVP of the highest Korean soccer league in 2025.Lee earned the highest particular person honor within the Ok League 1 on the annual awards ceremony held at Swiss Grand Resort in Seoul on Monday, after gathering 71 out of 134 votes from media, 5 out of 12 votes from Ok League 1 head coaches and eight out of 12 votes from Ok League 1 membership captains.These totals…

[ad_1] Beijing is utilizing synthetic intelligence to deepen its management over the Chinese language inhabitants, deploying the cutting-edge expertise to reinforce on-line censorship and surveillance, in accordance with a new report from the Australian Strategic Coverage Institute. [ad_2]