Author: Seoul Reporter

[ad_1] BRUSSELS — European leaders have promised to unite and construct up their militaries as by no means earlier than, to take cost of their defenses and curb dependence on the US. It’s a tough activity.A few of their plans, like constructing a drone protect on Europe’s japanese borders or creating a next-generation French-German-Spanish fighter jet, are floundering earlier than they take off. [ad_2]

[ad_1] President Lee Jae Myung on Wednesday wished good luck to candidates taking the faculty entrance examination, a high-stakes take a look at taken yearly by highschool college students and graduates.Lee posted the Fb message on the eve of the annual Faculty Scholastic Capacity Take a look at (CSAT), which is thought to be one of many nation’s most necessary tutorial occasions.”I want luck for all of you who possess infinite potential,” Lee wrote. “I’m pleased with every of you who’ve believed in yourselves and walked this path with perseverance and braveness. I wholeheartedly assist every of your goals.”Whereas acknowledging…

[ad_1] Brazil’s President Luiz Inácio Lula da Silva speaks on the COP30 local weather convention in Belém, Brazil, on Nov. 10, 2025. (Xinhua/Yonhap) The world should “defeat” local weather change denialism and struggle pretend information, Brazil’s President Luiz Inácio Lula da Silva informed the UN local weather convention on Monday. Representatives of assorted nations gathered within the Brazilian metropolis of Belém for COP30, the thirtieth assembly of the Convention of the Events to the United Nations Framework Conference on Local weather Change, responded to Lula’s phrases with cheers and applause. Lula started his opening handle to COP30, hosted on the border of…

[ad_1] Krafton’s head workplace in Bundang-gu, Seongnam Metropolis. Gyeonggi Province (Photograph courtesy of Krafton) Krafton, which recorded record-breaking efficiency within the third quarter of this yr, has begun providing resignation help to all workers, together with junior workers with 5 years or much less of service. Regardless of saying large-scale investments of over 100 billion gained every within the Indian market and synthetic intelligence (AI) sectors primarily based on robust efficiency, the corporate is successfully decreasing home human jobs. Based on gaming trade insiders on Nov. 12, Krafton introduced internally that it could implement a voluntary…

[ad_1] Former members of the boy group ZE:A are reuniting on stage, giving longtime followers a cause to have fun.Kevin, Heecheol, Minwoo and Taeheon will maintain the “2025 ZE:A Unit Fanmeeting ‘Again to You’” in Tokyo this December, assembly Japanese followers for the primary time in years.The occasion will happen on Dec. 13 and 14 at DDD Aoyama Cross Theater, with 4 periods scheduled over two days. Ticket reservations opened on Monday and have already drawn sturdy curiosity.In a message to the Hankook Ilbo, the members mentioned, “We completed capturing the poster final weekend. It feels emotional to consider standing…

[ad_1] The received closed at a seven-month low versus the US greenback on Wednesday in Seoul The South Korean received slid to its weakest stage in seven months on Wednesday, briefly touching 1,470 in opposition to the greenback, as overseas traders pulled funds from native inventory markets and a tumbling Japanese yen dragged regional currencies decrease.The dollar-won alternate fee has returned to ranges seen in the course of the nation’s interval of political turmoil triggered by then-President Yoon Suk Yeol’s short-lived declaration of martial legislation.Financial institution of Korea Governor Rhee Chang-yong cautioned that markets are “overreacting” to exterior uncertainties. He…

[ad_1] CAIRO — The U.N. migration company warned on Tuesday that humanitarian efforts in Sudan’s war-torn North Darfur area would possibly come to a whole halt except quick funding and secure supply of reduction provides are ensured.“Regardless of the rising want, humanitarian operations are actually on the point of collapse,” the Worldwide Group for Migration (IOM) stated in an announcement. It added: “Warehouses are almost empty, help convoys face important insecurity, and entry restrictions proceed to stop the supply of adequate help.”The IOM stated extra funding is required to ease the humanitarian influence of the struggle between the Sudanese military…

[ad_1] A particular counsel group stated Wednesday it has summoned former President Yoon Suk Yeol to look for questioning later this month in reference to a probe over alleged corruption circumstances involving his spouse, Kim Keon Hee.Particular counsel Min Joong-ki’s group despatched the discover to the top of the Seoul Detention Heart the day past, ordering Yoon to look for questioning at 10 a.m. on Nov. 26, assistant particular counsel Kim Hyeong-geun stated throughout a press briefing.If realized, this may mark the primary look by Yoon since Min’s group launched the investigation into the previous first woman in July.Yoon is…

[ad_1] Lotte Insurance coverage has determined to launch a full-scale confrontation with monetary authorities by pursuing authorized motion over the Nov. 5 choice to put the insurer beneath immediate corrective motion, one in every of Korea’s most stringent regulatory measures for monetary establishments, firm officers mentioned Wednesday.The insurer had confronted repeated issues over its monetary stability, prompting the Monetary Companies Fee (FSC) to step in with disciplinary measures. Authorized disputes between monetary establishments, which function beneath strict regulatory oversight, and their supervisory physique are extremely unusual.The immediate corrective motion system was launched in 1997 through the Asian monetary disaster to…

[ad_1] A rising variety of retail traders are taking out margin loans and unsecured loans, propelled by the nation’s benchmark KOSPI index surging previous an all-time excessive of 4,200 mark this week, market watchers stated Wednesday.The leverage- and borrowing-fueled rally is stirring concern over heightened volatility, in case of short-term wild swings as a consequence of international capital outflows.Additional advancing the view is the market’s rising dependence on semiconductor giants reminiscent of Samsung Electronics and SK hynix. Overseas holdings in every of the 2 shares stood round close to 50 p.c as of the top of October. Any speedy international…