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] Son Heung-min netted two objectives to pressure further time however missed a penalty, as his Los Angeles Soccer Membership (LAFC) fell to 10-man Vancouver Whitecaps FC within the shootout within the Main League Soccer (MLS) Cup Playoffs.With LAFC down 2-0 at halftime, the Korean celebrity grabbed a brace within the second half to arrange further time within the Western Convention semifinals at BC Place in Vancouver on Saturday (native time). After LAFC struck the woodwork a number of instances throughout the 30-minute further interval, the groups went to penalties.As the primary taker for LAFC, Son hit the precise publish…
[ad_1] The monetary regulator has preliminarily notified MBK Companions that the non-public fairness fund will face a disciplinary motion over its administration of the wholly owned struggling retailer Homeplus, trade sources stated Sunday.The Monetary Supervisory Service (FSS) knowledgeable MBK Companions on Friday of the proposed penalty, which features a potential suspension from duties, they stated. This marks the primary time the watchdog has pursued such extreme disciplinary motion in opposition to a basic associate (GP) of an institutional non-public fairness fund.MBK Companions acquired a one hundred pc stake in Homeplus in 2015 from British retailer Tesco Plc for 7.2 trillion…
[ad_1] Kalguksu, a Korean noodle soup made with knife-cut noodles, recorded the steepest worth improve among the many in style dining-out menu gadgets final month, information confirmed Sunday.Some have taken to characterize this as “noodle-flation,” a portmanteau of noodles and inflation, reflecting how the rising price of dwelling is hitting customers by means of a dish lengthy thought-about one of the reasonably priced choices.In response to information by the Korea Shopper Company, as of final month, the common worth of eight main restaurant menu gadgets in Seoul rose 3.44 p.c from December final 12 months.Kalguksu confirmed the most important improve,…
[ad_1] The top of South Korea’s antitrust watchdog has famous difficulties in introducing new laws to higher regulate world on-line platforms, amid shifting commerce dynamics stemming from the USA’ commerce coverage.Final month, South Korea and the U.S. reached an settlement on the small print of South Korea’s deliberate $350 billion funding package deal tied to a broader commerce deal.In the course of the negotiations, Washington reportedly raised considerations over a number of non-tariff measures adopted by Seoul, together with its regulatory method towards on-line platforms.”It stays important to ascertain truthful and clear enterprise practices within the platform sector that’s deeply…
[ad_1] “Demon Slayer: Kimetsu no Yaiba – The Film: The Infinity Fort” claimed the highest spot on the Korean field workplace, highlighting a serious shift available in the market as viewers flip away from lackluster Korean blockbusters in favor of immersive animated spectacles, in line with trade analysts, Sunday.As of Saturday, the animated function recorded 5,641,537 admissions, formally overtaking “My Daughter is a Zombie,” which noticed 5,637,455, in line with information from the Korean Movie Council (KOFIC).This indicators a brand new actuality for the native movie trade, displaying viewers requirements for choosing movies have basically modified.”The ticket worth hike after…
[ad_1] JOHANNESBURG — First girl Kim Hea Kyung demonstrated how one can make a signature Korean stew in a gathering with South African cooks and college students in Johannesburg on Saturday, as she defined the Asian nation’s culinary custom that has gained regular world consideration amid the persevering with recognition of Korean tradition.The occasion occurred on the Korean Cultural Heart as she was accompanying President Lee Jae Myung who was within the metropolis to attend the Group of 20 summit.Kim ready the Korean stew made with doenjang — a standard fermented soybean paste — and shared the dish with the…
[ad_1] South Korea will develop its greenhouse gasoline emission allow buying and selling system this week, permitting transactions like shares, the local weather ministry stated Sunday.Beginning Monday, monetary establishments, similar to banks and insurance coverage corporations, and pension funds can be allowed to open accounts with securities corporations and conduct emission permits buying and selling by way of their buying and selling platforms, in response to the Ministry of Local weather, Vitality and Setting.Till now, emission permits have solely been allowed to be traded straight by way of the Korea Change, the primary inventory market operator, and solely by designated…
For years, Silverstar Oh (오은별) thrived in the shadows of Seoul’s nightlife—feeding on the wallets, trust, and emotional lifeblood of the men who supported her. But today, she has gone silent again, disappearing from public view, cutting contact, and raising a question that everyone who has crossed her path is asking: has the past finally caught up with her? The answer appears to be yes. Silverstar’s life has always been a ticking time bomb. Behind the DJ decks and fake glamour lies a woman whose entire existence has been stitched together by betrayal, financial exploitation, and criminal behavior. Documents and…
[ad_1] Efforts to reorganize Korea’s struggling petrochemical business have gained momentum forward of the year-end deadline for firms to submit self-rescue plans to the federal government.Since the federal government made it clear {that a} credible self-rescue plan is a prerequisite for regulatory aid, monetary help and tax incentives geared toward revitalizing the sector, firms have begun taking their very own steps to streamline naphtha cracking middle (NCC) operations.Lotte Chemical and HD Hyundai Oilbank are set to signal an settlement by the top of this month for the previous to switch its NCC in Seosan, South Chungcheong Province, to HD Hyundai…
[ad_1] An more and more weak gained is predicted to separate the inventory market, boosting exporters who earn extra from stronger {dollars} whereas squeezing producers that depend on imported uncooked supplies and subsequently face decrease margins, analysts stated Sunday.They forecast that shares in semiconductors, vehicles, shipbuilding, protection and different export-oriented sectors are prone to profit because the Korean foreign money stays within the 1,400-won vary per greenback, a key psychological threshold.The gained closed at a seven-month low of 1,475.6 per greenback on Friday.In semiconductors, beneficiaries embody Samsung Electronics and SK hynix, which collectively account for greater than one-fourth of the…