Author: Seoul Reporter

[ad_1] A inventory investor checks inventory costs along with his cell phone. (Captured from YTN) The rise in family loans at banks expanded in October in contrast with the earlier month. Whereas mortgage loans slowed, demand for “debt-financed funding,” borrowing cash to put money into shares, grew and pushed general family mortgage development upward. In line with the “October Monetary Market Developments” report launched by the Financial institution of Korea (BOK) on Nov. 13, family mortgage balances at deposit-taking banks on the finish of October stood at 1,173.7 trillion received (roughly $803.41 billion), marking a…

[ad_1] ZURICH — The US will slash its tariffs on items from Switzerland to fifteen % from a crippling 39 % beneath a brand new framework commerce settlement that features a pledge by Swiss corporations to speculate $200 billion into the U.S. by the tip of 2028, the Swiss authorities mentioned on Friday.”This settlement places Switzerland on an equal footing with the European Union and brings the tariff degree down from 39 % to fifteen %,” Swiss Financial system Minister Man Parmelin mentioned in saying the deal, which impacts about 40 % of Switzerland’s exports.“After all, we would favor (the…

[ad_1] President Lee Jae Myung proclaims the Korea-U.S. truth sheet settlement on the presidential workplace press convention room in Yongsan, Seoul on Nov. 14. (Captured from KBS) President Lee Jae Myung introduced the joint truth sheet of the Korea-U.S. tariff and safety settlement on Nov. 14. This comes 16 days after President Lee and U.S. President Donald Trump reached settlement on main points associated to tariffs and safety on the Korea-U.S. summit in Gyeongju on October 29. Lee introduced the actual fact sheet on the presidential workplace in Yongsan, Seoul, stating, “The preparation of explanatory supplies containing…

[ad_1] With all 5 NewJeans members expressing their intention to return to Ador, followers are actually asking the massive query dominating the Okay-pop business: Can the group reclaim the highest place they as soon as held earlier than a yr of authorized battles, press conferences and political hearings derailed their momentum?The quintet’s return comes precisely one yr after they introduced the termination of their unique contracts in November 2024. Though Haerin and Hyein have formally resumed actions with Ador, the opposite three members — Minji, Hanni and Danielle — have solely declared their intention to return, and remaining agreements with…

[ad_1] Samsung Electronics holds the Silicon Valley Future Communications Summit 2025 in Mountain View, Silicon Valley, United States on Nov. 13 (native time). (Photograph courtesy of Samsung Electronics) Samsung Electronics has organized a convention in Silicon Valley to current modern instructions for future communication applied sciences utilizing synthetic intelligence (AI) and collaborate on the event of next-generation communication applied sciences. The corporate held the Silicon Valley Future Communications Summit 2025 in Mountain View, Silicon Valley, United States on Nov. 13 (native time). This occasion was carried out beneath the theme “New Potentialities Opened by AI Networks” with participation from over…

[ad_1] South Korea reported a extremely pathogenic avian influenza case at a laying hen farm in southwestern Gyeonggi Province, authorities stated Friday.The H5 chicken flu was detected on the farm in Pyeongtaek, about 50 kilometers south of Seoul, the Central Catastrophe Administration Headquarters (CDMH) stated.The CDMH despatched a response workforce to the farm to take quarantine measures, together with entry management, culling and an epidemiological evaluation.It additionally issued a 36-hour non permanent ban on actions round all hen farms nationwide, associated livestock amenities and transport automobiles.Authorities known as on the general public to remain away from areas visited by migratory…

[ad_1] Daewoong Pharmaceutical’s diabetes remedy drug Enblo (Picture courtesy of Daewoong Pharmaceutical) Daewoong Pharmaceutical introduced on Nov. 14 that it has signed export contracts price a complete of 33.7 billion gained with eight Latin American international locations together with Ecuador, Guatemala, and Costa Rica for its diabetes remedy drug Enblo. This brings the full variety of Latin American international locations to which Enblo is exported to 10. The corporate said that this contract was signed along with current export contracts with Brazil and Mexico by cooperation with companion firm M8, bringing the full contract worth to 143.3…

[ad_1] Rumors claiming that former EXO member Kris Wu has died in jail are spreading throughout Chinese language social media, prompting police to subject an uncommon public denial and warn customers towards circulating unverified claims.On Thursday, Taiwanese media reported that hypothesis about Wu’s alleged loss of life was gaining traction amongst Chinese language netizens. The claims started after a consumer on Weibo — China’s largest social media platform — posted that he was Wu’s “fellow inmate” and alleged that the singer had not too long ago died underneath suspicious circumstances.The consumer wrote that jail guards have been “whispering unusually a…

[ad_1] Click on right here for extra articles by Kormedi.com.As Korea enters kimjang season — the annual winter custom of getting ready massive batches of kimchi for storage — many households are as soon as once more gathering substances and chopping napa cabbage. Though fewer households make kimchi at dwelling at present, many Koreans nonetheless recall childhood reminiscences of family members and neighbors coming collectively for a full day of labor, then sitting all the way down to freshly made kimchi paired with steaming slices of boiled pork and seasonal oysters.Well being specialists say these basic pairings aren’t solely cultural…

[ad_1] On Oct. 7, a automobile touring on a highway in southern Hokkaido abruptly encountered a large determine. Earlier than the shocked driver might react, the creature stood upright and stared immediately on the car. It was a bear standing greater than two meters tall, with saliva dripping from its sharp enamel. It then charged at excessive pace, chasing the reversing automobile and hanging its hood with power. The panic-stricken driver sped away, and the bear reportedly chased the car for a ways.Though nobody was injured on this incident, residents are more and more alarmed that the bear not solely…