Author: Seoul Reporter

[ad_1] Lotte Chemical’s emblem (lotte Chemical) The creator is an analyst for NH Funding & Securities. He will be reached at yk.choi@nhsec.com — Ed. Whereas some predict business enchancment pushed by restructuring, the enlargement cycle centered on China is predicted to proceed till 2027. In consequence, oversupply and weak spreads are more likely to persist for a while. Spreads weakening additional  Sustaining a Maintain ranking, we elevate our TP on Lotte Chemical by 23.1%, from W65,000 to W80,000, reflecting a rise in our goal a number of from 0.20x to 0.26x to account for…

[ad_1] Editor’s noticeThat is the second installment in a five-part sequence exploring the present state and way forward for Korean artwork collections and galleries in museums world wide. The sequence is supported by the Press Promotion Fund of the Korea Press Basis.ZURICH — In Switzerland, the place many first encountered Korean popular culture via the Okay-drama “Crash Touchdown on You” — that includes iconic scenes filmed at Iseltwald, Jungfraujoch and the Munster Bridge — a unique type of Korean phenomenon took maintain this yr. Museum Rietberg in Zurich drew an unusually assorted viewers for “Hallyu! The Korean Wave,” a touring…

[ad_1] Appearing Prosecutor Normal Noh Man-seok arrives for work on the Supreme Prosecutors’ Workplace in Seoul’s Seocho District on Nov. 12, 2025. (Yonhap) Amid clamorous calls for from contained in the Korean prosecution service for performing Prosecutor Normal Noh Man-seok to step down after he declined to enchantment a court docket ruling in a high-profile corruption case linked to President Lee Jae Myung, Noh finally introduced Wednesday that he plans to resign. The president is predicted to just accept Noh’s resignation.For the reason that prosecution service was already being led by a deputy chief prosecutor within the absence of a…

[ad_1] US President Donald Trump and Chinese language President Xi Jinping shake palms upon assembly forward of their summit held on the Gimhae Air Base in Busan, South Korea, on Oct. 30, 2025. (AP/Yonhap) By Jung E-gil, senior worldwide affairs authorThe bilateral summits between South Korea, the US and China throughout final month’s APEC summit in Gyeongju showcased a tectonic shift in East Asia’s geopolitical atmosphere. The US is waning, China is prospering and South Korea is on the rise. By rise, I don’t essentially imply that Korea has gotten any stronger; quite, that it has by no means been…

[ad_1] A view of Kori Nuclear Energy Headquarters positioned in Gijang-gun, Busan (Picture courtesy of Korea Hydro & Nuclear Energy) Kori Unit 2, which ceased operation in April 2023 after exceeding its 40-year design life, will be capable to generate electrical energy once more. The Nuclear Security and Safety Fee held its 224th assembly on Nov. 13 and accepted the continued operation license for Kori Unit 2. The unit’s operational life has been prolonged till April 2033. The fee, which had failed to achieve a conclusion in two deliberations carried out in September and October,…

[ad_1] Prime executives from LG Group and Mercedes-Benz pose for a commemorative picture on Nov. 13 at LG Twin Tower in Yeouido, Seoul, after discussing growth plans for “One LG” resolution collaboration that consolidates LG’s automotive components enterprise capabilities. From left: Kulsat Kartal, head of Mercedes-Benz R&D Korea Heart; Ida Wolf, basic supervisor of Mercedes-Benz Company Division; Mathias Vaitl, CEO of Mercedes-Benz Korea; Ola Källenius, chairman of Mercedes-Benz; Cho Joo-wan, CEO of LG Electronics; Jung Cheol-dong, CEO of LG Show; Kim Dong-myung, CEO of LG Power Answer; Moon Hyuk-soo, CEO of LG Innotek. (Picture courtesy of LG Electronics) …

[ad_1] A humanoid robotic’s extremely anticipated debut rapidly went awry when it stumbled onstage at a know-how showcase in Moscow on Tuesday.Backed by the theme tune of “Rocky,” the robotic, accompanied by two individuals, waddled onto the stage earlier than a room filled with journalists able to catch a glimpse of what the builders referred to as “Russia’s first anthropomorphic robotic with synthetic intelligence.” However in a scene resembling the tip of a messy night time on the bar, because the robotic tried to wave its proper hand, it stumbled round earlier than falling flat, face-first. [ad_2]

[ad_1] Then-President Yoon Suk-yeol (proper) speaks to then-Protection Minister Kim Yong-hyun throughout a navy parade for Armed Forces Day on Oct. 1, 2024. Each have now been charged with treason, on high of standing trial on expenses of revolt. (Hankyoreh file picture) Earlier this week, a particular counsel indicted Korea’s deposed former president, Yoon Suk-yeol, and two different key figures in final 12 months’s martial regulation disaster on expenses of “benefitting the enemy,” which constitutes treason underneath South Korea’s felony code. The treason expenses towards Yoon, his former protection chief, Kim Yong-hyun, and his counterintelligence commander, Yeo In-hyeong, got here after…

[ad_1] ADOR’s official announcement that Haerin and Hyein could be returning was quickly adopted by a press release from Danielle, Minji and Hanni expressing their intent to return to the label Ok-pop woman group NewJeans. (courtesy of ADOR) After a prolonged authorized dispute over their unique contract, all 5 members of the Ok-pop group NewJeans are to return to ADOR, their administration company. This determination comes a 12 months after the members declared that they have been going their separate methods with ADOR in November 2024 and commenced to pursue work impartial of the label. ADOR introduced in an official assertion…

[ad_1] A view of LG Chem’s Gumi cathode materials plant (Photograph courtesy of LG Chem) LG Chem has signed a cathode materials provide contract price 3.762 trillion received with U.S. electrical vehicle-related corporations, the corporate introduced on Nov. 13. The contract interval extends till the top of July 2029, with the contracting occasion not disclosed. LG Chem has secured whole cathode materials manufacturing capability of 150,000 tons, together with 60,000 tons at its home Cheongju plant and 40,000 tons at its Gumi plant, in addition to 50,000 tons at its Wuxi plant in China. LG Chem, leveraging notably…