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] Lee So-mi is alone on the high of the leaderboard after the opening spherical on the season’s remaining LPGA event.Lee shot an eight-under 64 to start the CME Group Tour Championship at Tiburon Golf Membership in Naples, Florida, on Thursday (native time). After posting the bottom spherical of her LPGA profession, Lee leads Allisen Corpuz of the USA by two strokes.Lee, who made seven birdies, one eagle and one bogey, hit all 14 fairways and reached 16 greens in regulation whereas making 27 putts.Lee is considered one of 9 Koreans within the area of this unique event, open solely…
[ad_1] Iran on Thursday stated it was ending the settlement it signed in September permitting the Worldwide Atomic Vitality Company to renew inspections there, after a decision handed earlier within the day by the company’s board demanding “exact data” about Tehran’s enriched uranium and nuclear websites “directly.” [ad_2]
[ad_1] The Ministry of Science and ICT will perform the primary spherical of evaluations for the state-led challenge to develop homegrown synthetic intelligence (AI) basis fashions in January. The ministry notified the collaborating consortia on Thursday that efficiency assessments to eradicate one of many 5 groups will happen from Jan. 1 to fifteen.In August, the ministry chosen 5 consortia led by Naver Cloud, Upstage, SK Telecom, NC AI and LG AI Analysis to domestically develop basis fashions, investing round 200 billion received ($136 million) to cowl prices for high-performance GPUs, datasets and R&D personnel.Each six months, the federal government will…
[ad_1] From left, Kim Sang-dae, vp of Kia’s PBV Enterprise Division, Jarlath Sweeney, IVOTY chairman, and Marc Hedrich, head of Kia Europe Area, pose for a commemorative picture on the “2026 Worldwide Van of the Yr (IVOTY)” award ceremony at Solutrans, the worldwide business car exhibition, held in Lyon, France on Nov. 19 (native time). (Photograph courtesy of Kia Corp.) Kia Corp.’s electrical gentle business car PV5 has achieved the exceptional feat of turning into the primary Asian car to win the business car trade’s most prestigious world award. Kia introduced on Nov. 20 that the…
[ad_1] The logos of Kakao Healthcare and CHA Biomedical Group (Photograph courtesy of Kakao Healthcare) Kakao Healthcare introduced on Nov. 19 that it has attracted a complete of 100 billion received in new funding from CHA Biomedical Group and others. This funding goals for strategic cooperation by means of fairness change between Kakao Group and CHA Biomedical Group. Kakao will purchase shares of CHA Biotech, which has world healthcare enterprise capabilities, to strengthen its healthcare enterprise, whereas CHA Biomedical Group will purchase shares of Kakao Healthcare to advance digital healthcare know-how and strengthen the partnership. …
[ad_1] A view of the Indonesian Sampoerna Agro palm plantation acquired by POSCO Worldwide (Picture courtesy of POSCO Worldwide) POSCO Worldwide has acquired a further palm plantation in Indonesia. The corporate has additionally accomplished building of an area palm oil refinery in three way partnership with GS Caltex, finishing a full worth chain spanning from palm seed improvement to palm oil manufacturing used as uncooked materials for biofuel. POSCO Worldwide introduced on Nov. 20 that it acquired stakes in Indonesian Sampoerna Agro on Nov. 19, securing administration rights and the biggest shareholder place. The funding quantity totals…
[ad_1] WASHINGTON — U.S. employers added a surprisingly stable 119,000 jobs in September, the federal government mentioned, issuing a key financial report that had been delayed for seven weeks by the federal authorities shutdown .The rise in payrolls was greater than double the 50,000 economists had forecast.But there have been some troubling particulars within the delayed report.Labor Division revisions confirmed that the financial system misplaced 4,000 jobs in August as an alternative of gaining 22,000 as initially reported. Altogether, revisions shaved 33,000 jobs off July and August payrolls. The financial system had additionally shed jobs in June, the primary time…
[ad_1] Alteogen CEO Park Quickly-jae (BusinessKorea DB) Alteogen is anticipated to attain 2 or extra expertise exports throughout the 12 months, in line with forecasts. Kim Seon-ah, a researcher at Hana Securities, acknowledged in a report on Nov. 20, “We nonetheless keep expectations that 2 or extra expertise exports might happen throughout the 12 months,” and raised the goal value from the earlier 550,000 gained to 640,000 gained. Alteogen recorded consolidated income of 49 billion gained, working revenue of 26.7 billion gained, and internet revenue of twenty-two billion gained within the third quarter of this…
[ad_1] NEW YORK — Jarring swings maintain rocking Wall Avenue, and U.S. shares erased an enormous morning acquire to drop on Thursday because the market stays skittish following weeks of doubts and erratic strikes.After initially hovering towards what appeared like its greatest day since Could, with an early surge of 1.9 %, the S&P 500 erased all of it and fell 1 %. The Dow Jones Industrial Common was down 187 factors, or 0.4 %, with rather less than an hour remaining in buying and selling, and the Nasdaq composite was 1.5 % decrease.The sharpest losses once more hit what…
[ad_1] The top workplaces of Mirae Asset Securities (left) and Korea Funding & Securities (Businesskorea DB) Monetary Companies Fee (FSC) has designated Korea Funding & Securities and Mirae Asset Securities as built-in administration account (IMA) operators. The 2 securities corporations have change into the primary IMA operators eight years after the introduction of the IMA system in 2017. As soon as the monetary authorities full their assessment of the IMA product phrases and funding prospectus, the businesses plan to introduce the product inside the 12 months. IMA is a system below which a complete monetary funding…