Author: Seoul Reporter

The Seoul Reporter is an independent news platform uncovering untold stories from the heart of Korea. Our team of journalists and contributors expose corruption, highlight innovation, and bring unfiltered truth to readers worldwide from Seoul’s power corridors to its underground culture.

[ad_1] Pumpjacks are seen throughout sundown on the Daqing oil area in Heilongjiang province, China, Aug. 22, 2019. REUTERS Worldwide oil costs fell sharply on Nov. 12 (native time) because the Group of the Petroleum Exporting International locations (OPEC) withdrew its earlier forecast that the oil market would face a provide scarcity subsequent 12 months and as an alternative projected supply-demand steadiness. On Nov. 12 on the New York Mercantile Alternate, the December supply West Texas Intermediate (WTI) crude oil futures closed at $58.49 per barrel, plunging 4.2% from the earlier session. The oil…

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[ad_1] Actor-singer Cha Eun-woo is sustaining a robust presence even throughout his obligatory army service, getting ready to launch his second solo mini album “ELSE” later this month and unveiling a number of music movies.Cha enlisted on the Military Coaching Heart in July and, after finishing primary coaching, has been serving within the army band. His anticipated discharge date is Jan. 27, 2027. Earlier than enlisting, he informed followers, “My album, movie, and drama initiatives will all be launched. Please don’t neglect me.”As promised, Cha is gearing up for the discharge of “ELSE” on Nov. 21. On Thursday, he additionally…

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[ad_1] S-OIL CEO Anwar A. Al-Hejazi 9right) poses for a photograph with Minister of Commerce, Business and Sources Kim Jung-kwan after receiving the Gold Tower Order of Industrial Service Advantage on the 2025 International Firm Day ceremony held at Grand Intercontinental Seoul Parnas on Nov. 13. (Photograph courtesy of S-Oil) S-OIL CEO Anwar A. Al-Hejazi has gained the Gold Tower Order of Industrial Service Advantage for considerably contributing to Korea’s economic system on the 2025 International Firm Day ceremony held at Grand Intercontinental Seoul Parnas on Nov. 13. He was acknowledged as an individual of benefit…

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[ad_1] A Samsung Group worker participates in coaching sporting the Galaxy XR on the Samsung Human Assets Growth Middle in Yongin, Gyeonggi Province. (Photograph courtesy of Samsung Electronics) The Samsung Human Assets Growth Middle introduced on Nov. 12 that it has launched a next-generation coaching program using Samsung Electronics’ headset-type prolonged actuality (XR) machine, the “Galaxy XR.” Samsung Group plans to make use of the Galaxy XR for the annual coaching of greater than 20,000 staff, from new recruits to senior executives. Beginning this month, Samsung has utilized synthetic intelligence(AI) and XR technology-based content…

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[ad_1] The Korea Leisure Producers’ Affiliation (KEPA) has filed a prison grievance towards nCH Leisure, accusing the company of spreading false info and intentionally obstructing preparations for the upcoming Dream Live performance in Hong Kong.In an announcement launched Thursday, KEPA mentioned it had recognized “clear indications” that nCH tried to disrupt the occasion, which is scheduled for Feb. 6–7 at Hong Kong’s Kai Tak Stadium.“Throughout preparations for ‘Dream Live performance in Hong Kong,’ we confirmed that nCH Leisure engaged within the dissemination of false info, made threatening contacts, and deliberately interfered with the manufacturing course of,” KEPA mentioned. “These actions…

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[ad_1] North Korea on Friday denounced a current name by the Group of Seven (G7) nations for Pyongyang’s full denuclearization, saying the regime’s will to retain its nuclear arsenal is “agency and unwavering” amid exterior nuclear threats.”I specific robust criticism and remorse over the G7 overseas ministers’ express hostility that immediately infringes upon our structure, and I resolutely denounce it within the strongest attainable rhetorical phrases,” the North’s Overseas Minister Choe Son-hui mentioned in a press release carried by the Korean Central Information Company (KCNA).The assertion got here after the G7 overseas ministers reaffirmed their dedication to the whole denuclearization…

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[ad_1] Samsung Electronics’ Galaxy Z TriFold fashions are on show on the Ok-Tech Showcase held on the Gyeongju Expo Park Air Dome in late October. (Captured from YTN) Samsung Electronics is anticipated to start home gross sales of its twice-folding smartphone, the “Galaxy Z TriFold,” on Dec. 5. The TriFold is a complicated mannequin from the prevailing dual-fold “Fold” collection, designed with a construction that permits the display to be folded twice. When totally unfolded, it supplies a big 10-inch show, whereas sustaining portability similar to an strange smartphone when folded. Samsung Electronics plans…

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[ad_1] Innospace’s launch automobile “Hanbit Nano” undergoes system integration exams. (Picture courtesy of Innospace) Efforts to realize technological independence in area launch automobiles, or rockets, are accelerating as South Korea joins the worldwide area improvement race. Following Innospace’s try on the first personal business launch, Hanwha Aerospace’s first mission main the Nuri rocket launch is now nearly two weeks away. In keeping with the scientific and technological group on Nov. 12, Innospace’s business launch automobile “Hanbit Nano” is getting ready for launch at Brazil’s Alcântara Launch Middle on Nov. 22 (native time), having begun loading…

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[ad_1] WASHINGTON — The pinnacle of the U.S. Division of Homeland Safety mentioned on Thursday it might pay $10,000 bonuses to Transportation Safety Administration officers who demonstrated exemplary service in the course of the 43-day authorities shutdown, a spokesperson for the division mentioned. President Donald Trump mentioned this week he wished to award $10,000 bonuses to air visitors controllers who didn’t skip work. Transportation Secretary Sean Duffy mentioned he would work with Congress on the awards.Homeland Safety Secretary Kristi Noem mentioned the bonus checks had been being awarded to TSA officers who took additional shifts and went above and past…

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[ad_1] Volkswagen’s new sports activities utility automobile (SUV) Tayron is fitted with Hankook Tire & Expertise’s ultra-high-performance SUV tire, the Ventus Evo SUV. (Photograph courtesy of Hankook Tire) Hankook Tire & Expertise Co. introduced on Nov. 13 that it’s going to provide its SUV-exclusive ultra-high efficiency tire Ventus Evo SUV as unique gear tires for Volkswagen’s new sport utility automobile (SUV) Tayron. Hankook Tire succeeded in creating unique gear tires optimized for the Tayron by shut technical cooperation with Volkswagen. The corporate defined that it glad Volkswagen’s stringent technical necessities and obtained the unique image mark “+.” …

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