Author: Seoul Reporter

[ad_1] The Korea Forest Service is holding the sixth Korea-Canada Forest Cooperation Committee Assembly on November twentieth (left: Nam Tune-hee, Korea Forest Service Worldwide Forest Cooperation Officer). The Korea Forest Service (Director Kim In-ho) introduced on Nov. 20, that it held the ‘sixth Korea-Canada Forest Cooperation Committee Assembly’ through video convention. The assembly was attended by Nam Tune-hee, Worldwide Forest Cooperation Officer, as Korea’s chief consultant, and Joyce Henry, Director of Commerce, Financial and Industrial Affairs, representing Canada. Key agenda objects mentioned included △joint response to forest fires amid intensifying local weather disasters △enlargement of wooden development…

[ad_1] LONDON — European and Ukrainian officers pushed again Thursday towards a brand new plan being proposed by the U.S. administration to finish the battle in Ukraine, saying that any deal ought to respect Ukraine’s sovereignty and never contain the nation’s “capitulation.” [ad_2]

[ad_1] Lone Star stated it doesn’t settle for this week’s annulment ruling by the Worldwide Centre for Settlement of Funding Disputes (ICSID), signaling that it might pursue a brand new spherical of arbitration in opposition to the Korean authorities.The assertion got here days after an ICSID advert hoc committee nullified the portion of a 2022 ruling that ordered Korea to pay roughly 400 billion gained ($272 million) in an investor-state dispute over the U.S. personal fairness agency’s sale of Korea Trade Financial institution (KEB).In a written response to The Korea Instances, a spokesperson for the U.S. agency stated it disagrees…

[ad_1] Demand for legal responsibility insurance coverage for administrators and officers (D&O insurance coverage) is surging quickly as corporations transfer extra actively to guard executives from authorized dangers, insurance coverage business officers stated Thursday.The development follows a current modification to the Business Act, which goals to strengthen minority shareholder protections by increasing administrators’ fiduciary duties to incorporate shareholders, a change that will increase the chance of shareholder by-product fits and harm claims towards executives. The brand new accountability framework for monetary corporations can be including to litigation dangers, making D&O insurance coverage extra of a necessity than an possibility.D&O insurance…

[ad_1] Korean banks’ mixed internet revenue jumped 12 % from a yr earlier within the first 9 months of 2025 on a pointy rise in non-interest revenue, information confirmed Thursday.The mixed internet revenue of 20 banks got here to 21.1 trillion gained ($14.5 billion) within the January-September interval, up 2.3 trillion gained from 18.8 trillion gained recorded a yr in the past, in keeping with the info from the Monetary Supervisory Service (FSS).Their curiosity revenue got here to 44.8 trillion gained within the January-September interval, up 0.3 trillion gained, or 0.7 %, from a yr earlier.Non-interest revenue got here to…

[ad_1] SK Hynix Inc., an important provider of high-bandwidth reminiscence to Nvidia Corp.’s artificial-intelligence processors, is about to spice up output of its sixth-generation 10-nanometer DRAM, often known as 1c DRAM, by roughly eightfold subsequent yr, because the AI business’s middle of gravity strikes past coaching and towards large-scale inferencing. [ad_2]

[ad_1] As much as six individuals fainted after inhaling what gave the impression to be poisonous fuel at POSCO’s Pohang Steelworks on Thursday, officers mentioned.The accident occurred round 1:30 p.m. on the steelworks in Pohang, 262 kilometers southeast of Seoul, whereas two contracted cleaners and a POSCO worker had been eradicating sludge outdoors a plant, they mentioned.Firefighters and police mentioned the three had been present in cardiac arrest after inhaling the fuel. They had been taken to close by hospitals and stay unconscious, with some requiring respiratory help.Three POSCO in-house firefighters had been additionally uncovered to the fuel whereas trying…

[ad_1] Mark Lambert, a former US deputy assistant secretary of state who spearheaded working-level negotiations as a State Division particular envoy for North Korea throughout Donald Trump’s first time period as US president, offers a fireplace chat for the SFS Korea Coverage Membership at Georgetown College in Washington, DC, on Nov. 18, 2025. (Kim Received-chul/Hankyoreh) Mark Lambert, a former US deputy assistant secretary of state who spearheaded working-level negotiations as a State Division particular envoy for North Korea throughout Donald Trump’s first time period as US president, harassed that attaining North Korea’s denuclearization was “price making an attempt” and that…

[ad_1] IBK Finance Tower in Jung-gu, Seoul (Picture courtesy of IBK Industrial Financial institution) IBK Industrial Financial institution introduced on Nov.r 20 that it has acquired native banking enterprise authorization from the Polish Monetary Supervision Authority. This achievement comes two years and 6 months after establishing a Polish workplace in Could 2023 to pursue market entry. This marks the primary time a home financial institution has acquired subsidiary authorization in Poland, fairly than opening a department or workplace. Poland is a area with vital protection business exports, together with the K2 tank. IBK Industrial Financial…

[ad_1] CAIRO — President Lee Jae Myung on Thursday held summit talks with Egyptian President Abdel Fattah El-Sisi and agreed to work collectively to advertise peace on the Korean Peninsula and within the Center East whereas strengthening financial and protection business cooperation.The summit in Cairo passed off throughout Lee’s official go to to Egypt, the primary by a Korean president to the nation in three years.”The Republic of Korea and Egypt have agreed to work collectively as ‘facilitators of peace’ and collectively contribute to worldwide peace, together with on the Korean Peninsula and within the Center East,” Lee mentioned in…