Author: Seoul Reporter

[ad_1] Choi Seong-ah (from left), Daejeon Metropolitan Metropolis Deputy Mayor for Political Affairs, Economic system and Science, Mark Bentol, head of Airbus Analysis & Know-how (R&T) Program, and Lee Seon-hye, director of the Superior Protection-Civilian Innovation Help Division on the Ministry of Commerce, Trade and Assets, pose for a commemorative picture on the Airbus Tech Hub Korea opening ceremony held in Yuseong-gu, Daejeon on Nov. 18. Airbus, Europe’s largest plane producer, is establishing a “tech hub,” a analysis and growth (R&D) base, in Daejeon to safe future applied sciences. Following Japan, the Netherlands, and Singapore, this…

[ad_1] Shinsegae Inc. Chairman Chung Yong-jin has been noticed strengthening ties with Donald Trump Jr., underscoring the South Korean retail tycoon’s unusually shut entry to the US president’s inside circle.In line with individuals conversant in the matter, Chung was seen eating with Trump Jr. at a luxurious resort in Spain in current days.Additionally current on the dinner was Omeed Malik, who co-founded enterprise capital agency 1789 Capital with Trump Jr. and has turn into a key determine in conservative finance circles.The newest encounter builds on a 15-year relationship between Chung and Trump Jr.The 2 first met at a Korean media…

[ad_1] A sequence collision involving three cargo vehicles occurred inside an expressway tunnel within the southeastern county of Goryeong on Tuesday, leaving one particular person lifeless and one other injured, police stated.The accident came about inside Goryeong 2 Tunnel on the Jungbu Naeryuk Expressway in Goryeong, North Gyeongsang Province, at 12:34 p.m., when the three vehicles rear-ended each other, police stated.A 5-ton truck was fully burned after the collisions, killing the motive force, they stated, including one other driver was injured.Expressway authorities quickly blocked visitors into the tunnel, and firefighters fully extinguished the hearth at 1:47 p.m.Police are investigating the…

[ad_1] Park Jae-eok, head of the Suwon District Prosecutors’ Workplace, and Music Kang, head of the Gwangju Excessive Prosecutors’ Workplace. Each have tendered their resignations. (Yonhap) On Monday, Justice Minister Jung Sung-ho kept away from commenting on a proposal to self-discipline prosecutors demanding an evidence for the choice to not enchantment a courtroom ruling in a high-profile corruption case with connections to Korean President Lee Jae Myung. The minister emphasised the necessity to stabilize judicial and prosecutorial organizations regardless of the uproar over the dealing with of the Daejang neighborhood growth case. Following the choice to not enchantment a district courtroom’s…

[ad_1] Skincare tops overseas medical tourism in Korea, even for Kim Kardashian Myeongdong on the coronary heart of Seoul bustles with overseas guests Kim Kardashian, one of many world’s most influential celebrities with 350 million Instagram followers, lately shared her skincare expertise at a South Korean dermatology clinic, posting images in a white magnificence masks below th [ad_2]

[ad_1] Caregen’s oral peptide ‘Korglutide’ Caregen (CEO Jung Yong-ji), a peptide-specialized biotech firm, introduced on the 18th that it has submitted a New Dietary Ingredient (NDI) registration software to the U.S. Meals and Drug Administration (FDA) for its oral peptide ‘Korglutide’. Caregen submitted the appliance instantly after the shutdown was lifted, following a suspension of recent purposes because of the U.S. authorities shutdown that started on October 1st. The FDA has a process to reply with evaluate opinions inside 75 days of NDI receipt, and the corporate expects to substantiate the ultimate outcomes round January…

[ad_1] Seoul Yeongdeungpo Police Station acquired an uncommon report on Sunday of a parrot allegedly taking a sip from a buyer’s cup of espresso.When officers arrived on the scene, they discovered the offender to be a medium-sized parrot weighing about 0.5 kilograms. The uninvited visitor had flown in by way of a window and shocked patrons by darting across the outside seats.Earlier than the parrot was rescued by authorities, the espresso store proprietor fed it some snacks whereas some prospects pet it.The fowl is believed to be an endangered yellow-headed amazon (Amazona oratrix), a species native to Mexico and northern…

[ad_1] The worldwide tech trade is paying eager consideration to Nvidia’s upcoming earnings report, as it’s anticipated to be the bellwether for Samsung Electronics, SK hynix and different home semiconductor corporations’ methods for increasing their capability.Trade officers say the announcement can be essential to verifying whether or not the present funding frenzy over synthetic intelligence (AI) is overhyped. Relying on the announcement, the present money stream between Nvidia and hyperscale information middle operators could possibly be affected, doubtlessly main chipmakers to evaluate the tempo of their fab growth plans.U.S.-based Nvidia is about to announce its 2026 third quarter earnings on…

[ad_1] The latest tariff settlement with the US has considerably decreased financial uncertainty for Korea, although the nation is predicted to face a better tariff impression on exports within the second half, the chief of the Korean central financial institution has stated.”We consider that the commerce deal between Korea and the US has considerably decreased uncertainties,” Financial institution of Korea (BOK) Gov. Rhee Chang-yong informed the BBC in an interview aired Tuesday.”It will be very constructive if we might develop joint ventures that mix the U.S.’ strengths in fundamental science with Korea’s strengths in manufacturing and utilized applied sciences,” he…

[ad_1] South Korea has secured a sweeping victory in its decades-long dispute with Lone Star Funds after a world tribunal annulled a 2022 ruling that had ordered Seoul to pay greater than $230 million to the Dallas-based non-public fairness agency.The newest resolution, issued by an annulment committee on the Worldwide Centre for Settlement of Funding Disputes (ICSID), wipes out the Korean authorities’s legal responsibility and stands as one of many rarest outcomes in investor-state arbitration.Prime Minister Kim Min-seok introduced on Tuesday in Seoul that the ruling was delivered early Monday morning, Washington time, fully canceling the earlier award, together with…