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] KYIV — U.S. and Ukrainian officers are in Geneva on Sunday working by means of a brand new model of a controversial plan to finish Russia’s warfare in Ukraine forward of a Thanksgiving deadline imposed by the US, as President Donald Trump confronted mounting criticism from lawmakers and his personal base over the proposal. [ad_2]

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[ad_1] Hyundai Motor and Kia are accelerating efforts to scale back the impression of U.S. tariffs by increasing its lineup of enormous hybrid SUVs.Hyundai Motor Group’s three associates — Hyundai Motor, Kia and Genesis — are quickly including hybrid variants to their worthwhile, large-size SUV lineups in a bid to counter earnings shocks this 12 months attributable to the imposition of a 25-percent tariff on automobile imports to the U.S.After Korea and america accomplished their high-profile negotiations late final month, the carmakers’ tariff burden has fallen to fifteen % as of Nov. 1.In response, the Korean automakers are set to…

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[ad_1] The suspected overwork loss of life of a 26-year-old worker on the well-liked bakery chain London Bagel Museum has reignited a fierce debate in Korea over whether or not employers ought to be required to trace work hours.On the coronary heart of the controversy are questions concerning the worker’s precise working hours. The 26-year-old, who had been stationed on the firm’s Incheon department, was discovered useless within the employees dormitory in July, a day after ending a late shift.The bereaved household alleges he had been pushed to work practically 80 hours per week, typically skipping meals and getting just…

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[ad_1] President Lee Jae Myung pledged that Korea would strategy its position as host of the 2028 G20 summit with a “profound sense of accountability,” after the nation was formally confirmed as the subsequent president of the annual discussion board throughout Sunday’s gathering in Johannesburg, South Africa, Sunday (native time).”As a rustic that helped construct the G20 and has seen it function a compass for the worldwide neighborhood in occasions of disaster, the Republic of Korea seeks to as soon as once more assume the presidency in 2028, marking the twentieth anniversary of the G20 leaders’ summit,” Lee stated throughout…

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[ad_1] VOTUPORANGA, Brazil — Ester Souza seems into the mirror and begins her transformation. She alters out of her pink T-shirt and shorts with flowers and butterflies and right into a sober brown shirt and gown slacks. She weaves her lengthy curly hair into two braids on high of her head. A contact of make-up and her expression shifts. The simple smile offers option to a glance of deep focus. [ad_2]

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[ad_1] President Lee Jae Myung held back-to-back talks with Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva on the sidelines of the Group of 20 (G20) summit in Johannesburg, South Africa, to debate bilateral cooperation, the presidential workplace stated Sunday.Throughout his assembly with Modi on Saturday (native time), Lee expressed hope to forge deeper cooperation within the financial system, tradition and safety, in addition to people-to-people exchanges, the workplace stated.Modi praised Korea’s superior shipbuilding capabilities and a small-group cooperative framework with Korea in future-oriented sectors, corresponding to shipbuilding, whereas additionally expressing hope to strengthen bilateral…

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[ad_1] TEL AVIV — Avraham Binnenfeld had grown so dismayed with Israeli politics that he was making ready to maneuver overseas when Hamas’s brutal assault on southern Israel in October 2023 upended the nation — and his plans. As a substitute, Binnenfeld mentioned, he instantly mobilized for military reserve obligation, spending sleepless nights frightened about his two brothers in fight items and freezing his plans to to migrate. [ad_2]

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[ad_1] Son Heung-min grabbed Los Angeles Soccer Membership (LAFC) by their collar and dragged them into further time after which the penalty shootout in a Main League Soccer (MLS) playoff showdown in opposition to Vancouver Whitecaps FC.Nonetheless, the Korean famous person could not fairly get his membership over the end line, as he missed his spot kick in a crushing loss within the Western Convention semifinals at BC Place in Vancouver on Saturday (native time).LAFC trailed 2-0 at halftime after managing only one shot try within the opening 45 minutes. Son put his staff on the board on the hour…

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[ad_1] A coverage conflict is deepening between the Honest Commerce Fee (FTC) and the Lee Jae Myung administration over a possible easing of the controversial rules on the separation of commercial and monetary capital for main conglomerates to allow well timed funding in synthetic intelligence (AI). The decades-old regulation blocks industrial conglomerates from proudly owning a controlling stake in banks and different monetary establishments. It was launched in 1982 to strictly stop huge corporations from making use of monetary companies for improper sources of funding for their very own companies.Calls to revisit the regulation have grown quickly in current weeks,…

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[ad_1] Korea faces rising concern over the gained’s fast decline towards the U.S. greenback, amplified by document abroad investments by Korean traders whereas the foreign money’s actual worth hits ranges unseen for the reason that world monetary disaster of the late 2000s, analysts stated Sunday. A foreign money’s actual worth is measured by the true efficient alternate price, which compares it towards a basket of buying and selling companions’ currencies and adjusts for variations in costs or inflation. This exhibits the foreign money’s buying energy and competitiveness in world commerce.A number of analysts say the mixture of sustained capital outflows,…

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