Author: Seoul Reporter

[ad_1] KYIV, Ukraine — Ukraine is working to renew prisoner exchanges with Russia that would carry residence 1,200 Ukrainian prisoners, President Volodymyr Zelenskyy mentioned Sunday, a day after his nationwide safety chief introduced progress in negotiations.“We’re … relying on the resumption of POW exchanges,” Zelenskyy wrote on X. “Many conferences, negotiations and calls are presently happening to make sure this.”Rustem Umerov, Secretary of Ukraine’s Nationwide Safety and Protection Council, mentioned Saturday he held consultations mediated by Turkey and the United Arab Emirates on resuming exchanges.He mentioned the events agreed to activate prisoner change agreements brokered in Istanbul to launch 1,200…

[ad_1] South Korean tech big Samsung Group unveiled Sunday a 450 trillion gained ($309.1 billion) funding plan for the subsequent 5 years, as a part of broader efforts to ramp up home funding after Seoul concluded its commerce cope with the US.Samsung Electronics, the crown jewel of the nation’s No. 1 conglomerate, will push to launch the framework development of one in all its chip vegetation in the primary Pyeongtaek compound, dwelling to Samsung’s semiconductor manufacturing, the corporate stated.The choice, which additionally consists of funding plans for analysis and growth, was reached at a current ad-hoc administration committee, it stated.The…

[ad_1] IBIRUBÁ, Brazil — Wanting up on the darkened edifice, the gumshoe thought he was on the cusp of his huge break. For years, this home off the city sq. had fascinated and tormented him. He’d interviewed dozens of residents, pored over outdated newspaper clippings and spent each spare cent in pursuit of what he believed was a secret, shameful historical past buried beneath it. [ad_2]

[ad_1] South Korea’s President Lee Jae Myung (heart on left) speaks throughout a gathering with the nation’s high enterprise teams together with Samsung, Hyundai, LG, SK, HD Hyundai and Celltrion on Nov. 16, 2025 (Courtesy of South Korea’s presidential workplace) South Korea’s high 4 conglomerates – Samsung, Hyundai Motor, SK and LG – are sharply rising home funding as Asia’s fourth-largest financial system seeks to place itself as a worldwide hub for synthetic intelligence, robotics and next-generation semiconductors.Hyundai Motor Group has pledged 125 trillion received ($86 billion) for native spending by way of 2030, Samsung Group 60 trillion received and…

[ad_1] (Courtesy of Netflix) MEMBER ONLYSouth Korea’s streaming battlefield has develop into so cutthroat that even Netflix Inc., the world’s largest over-the-top platform, is getting bruised. Because the market matures and subscriber good points gradual, OTT gamers in Korea have unleashed steep reductions, partnerships and even free tiers, dragging down trade income and squeezing Netflix’s profitability in certainly one of Asia’s most subtle streaming markets.Korea’s OTT market, lengthy one of many fastest-growing in Asia, has begun to stage off. Paid OTT utilization reached 59.9% in 2024, up solely modestly from 55.9% in 2022, in keeping with the nation’s communications regulator’s…

[ad_1] MANILA, Philippines — Tens of 1000’s gathered Sunday for the beginning of a three-day rally organized by a spiritual group within the Philippine capital to demand accountability over a flood-control corruption scandal that has implicated highly effective members of Congress and high authorities officers.It’s the most recent present of concern over accusations of widespread corruption in flood-control initiatives in one of many world’s most typhoon-prone nations. Varied teams have protested in current months following the invention that 1000’s of flood protection initiatives throughout the nation have been substandard, incomplete or just didn’t exist.Authorities engineers, public works officers and building…

[ad_1] The nation’s high conglomerates introduced large home funding plans price tons of of trillions of received Sunday, specializing in synthetic intelligence (AI) and robotics in addition to semiconductors and different next-generation progress engines.Their leaders unveiled these plans throughout a gathering with President Lee Jae Myung at his workplace in central Seoul’s Yongsan District. The assembly befell two days after their enterprise uncertainties had been cleared following the completion of a joint truth sheet between Korea and the USA concerning tariffs and safety.Through the assembly, Hyundai Motor Group Government Chair Chung Euisun stated the group would make investments 125.2 trillion…

[ad_1] Korea’s rising sportwear model Andar on Sunday distanced itself from its founder couple because the agency sought to stop the disgraced former leaders from tarnishing its public fame.Andar’s transfer got here after an appeals panel of the Seoul Western District Courtroom on Thursday upheld the one-year jail sentence of Oh Dae-hyun, former Andar director and husband of the agency’s founder and former CEO, Shin Ae-ryun, by dismissing Oh’s enchantment. The identical court docket had sentenced Oh final 12 months for violating the nation’s Nationwide Safety Act by collaborating with a North Korean hacker to function an unlawful non-public server…

[ad_1] HALVALA, Finland — A ceasefire in Ukraine is unlikely earlier than the spring and European allies must sustain assist regardless of a corruption scandal which has engulfed Kyiv, President Alexander Stubb of Finland instructed The Related Press.Europe, in the meantime would require ‘’sisu’’ — a Finnish phrase that means endurance, resilience and grit — to get via the winter months, he mentioned, as Russia continues its hybrid assaults and data warfare throughout the continent.Stubb additionally wants that high quality as one of many key European interlocutors between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy. Because the chief…

[ad_1] Korea’s exports are anticipated to see a significant increase following the landmark commerce cope with the US, as paperwork launched with the settlement supply a clearer outlook for U.S.-bound shipments in key industries, together with vehicles and semiconductors. On Friday, Seoul and Washington launched the actual fact sheet summarizing the outcomes of the Oct. 29 summit between Korean President Lee Jae Myung and U.S. President Donald Trump. The 2 nations additionally signed a brand new memorandum of understanding, sealing the small print of their tariff negotiations since July. Below the brand new settlement, the U.S. has agreed to decrease…