Author: Seoul Reporter

President Lee Jae Myung (proper) and U.S. President Donald Trump shake arms earlier than beginning their summit assembly in Gyeongju, North Gyeongsang Province, on Oct. 29. (Captured from the White Home web site) The Trump administration introduced on Nov. 13 (native time) the detailed contents of the commerce settlement reached in the course of the Korea-U.S. summit assembly between the 2 leaders on Oct. 29 in Gyeongju. Based on the joint reality sheet from the Korea-U.S. summit launched by the White Home that day, the USA determined to decrease Commerce Growth Act Part 232 tariffs…

BEIJING — China summoned the Japanese ambassador over remarks by the brand new premier about Taiwan, Beijing mentioned Friday, as Tokyo insisted its place on the self-ruled island was unchanged.Final week, Japan’s hawkish new Prime Minister Sanae Takaichi instructed parliament that armed assaults on Taiwan may warrant sending troops to assist the island below “collective self-defence”.If an emergency in Taiwan entails “battleships and using drive, then that would represent a scenario threatening the survival (of Japan), any means you slice it”, she mentioned.Beijing insists Taiwan is a part of its territory and has not dominated out using drive to grab…

After months of turmoil and uncertainty surrounding one in all Okay-pop’s most intently watched authorized disputes, the 5 members of NewJeans have taken a step towards stability. Choosing closure over extended confrontation, the group has determined to not contest a court docket ruling that upheld their unique contracts with ADOR—clearing the best way for his or her gradual return to the stage.In keeping with the music business on Nov. 14, members Haerin, Hyein, Minji, Danielle and Hanni didn’t file enchantment paperwork by the midnight deadline, successfully finalizing the Oct. 30 first-instance ruling issued by the Seoul Central District Court docket.In…

The percentages of changing into a company government in Korea proceed to shrink. That raises the query: Would Kim Nak-su, the old style but sympathetic protagonist of the hit Ok-drama “The Dream Lifetime of Mr. Kim,” ever have a shot at becoming a member of the chief ranks of a significant firm? In response to a brand new survey, the probability of reaching an government place is now beneath 1 p.c.In response to an evaluation launched Tuesday by the Korea CXO Analysis Institute, the highest 100 Korean companies make use of a mixed 861,076 staff, up 1.4 p.c from a…

Heightened geopolitical uncertainty and the vitality transition are fueling protection and infrastructure spending in Europe, positioning its non-public credit score marketplace for sooner progress. Jennifer Nicholson-Breen edited this text.

All 5 members of the woman group NewJeans haven’t challenged a court docket ruling that upheld the validity of their unique contracts with their administration company, business sources stated Friday.The members — Haerin, Hyein, Minji, Danielle and Hanni — didn’t file an enchantment by the midnight deadline, successfully finalizing the decrease court docket’s determination, in accordance with the sources.The Okay-pop quintet had clashed with the company since Min Hee-jin was dismissed as CEO of Ador in August final 12 months, demanding her reinstatement. In November 2024, they introduced they might terminate their unique contracts with Ador, sparking authorized disputes.Final month,…

NCSOFT Corp., a number one South Korean sport developer and writer, has unveiled Horizon Metal Frontiers, the first-ever MMORPG set in Sony Interactive Leisure’s Horizon universe.The brand new title, rooted within the Horizon Zero Daybreak franchise, marks NCSOFT’s strategic leap into AI-driven and cloud-based gaming experiences.“Horizon Metal Frontiers represents NCSOFT’s new method to MMORPGs,” Kim Taek-jin, founder and chief artistic officer, mentioned in a gap speech on the world sport exhibition G-Star 2025 on Thursday.“The sport trade is present process basic change. Gamers not devour content material passively,” Kim mentioned, including that fashionable titles should incorporate experiences that stretch to…

On the mouth of the good Amazon, not all guests have been welcome. Indigenous protesters within the Brazilian port metropolis of Belém, which is internet hosting an annual main U.N. local weather summit, compelled their manner into the premises of the conferences earlier this week, clashing with safety personnel. They denounced the predations of huge agribusinesses, oil barons and unlawful miners complicit within the deforestation of their Amazonian homelands. After some scuffles and agita, they finally left.

The South Korean and U.S. navies have staged joint drills this week involving a U.S. nuclear-powered plane provider within the East Sea in efforts to bolster their mixed protection posture, Seoul’s Navy mentioned Friday,The four-day train happened from Tuesday via Friday, mobilizing greater than a dozen warships and maritime patrol plane from each side, in accordance with the Navy.Among the many belongings deployed for the drills have been the ROKS Yulgok Yi I and the ROKS Seoae Ryu Seong-ryong Aegis-equipped destroyers from the South Korean aspect.From the U.S. aspect, the united statesGeorge Washington plane provider, the united statesRobert Smalls guided-missile…

Korea Commerce-Funding Promotion Company (KOTRA) President Kang Kyung-sung on Thursday pledged to assist drive the nation’s exports to a report $1 trillion, vowing to diversify export routes and make the most of synthetic intelligence (AI) to assist outbound shipments.Marking the primary anniversary of his tenure, Kang underscored that Korea has already achieved $579 billion in exports as of final month, the highest-ever determine for the time interval. He additionally famous that small and medium-sized enterprises (SMEs) posted a report quarterly export quantity of $30.5 billion within the third quarter, highlighting their rising position in assembly the nationwide export goal.Kang burdened…