Author: Seoul Reporter

[ad_1] A delegation, led by a senior official of the Russian state-run media group Rossiya Segodnya, has arrived in Pyongyang, North Korea’s state media reported Tuesday, as the 2 nations have been deepening cooperation in varied fields.The delegation led by Sergei Kochetkov, first deputy editor-in-chief of the Russian media group, arrived in Pyongyang the day before today, the Korean Central Information Company (KCNA) stated in a brief dispatch.The delegation was greeted by officers from the KCNA and the Russian Embassy in North Korea, it added.The go to got here as Pyongyang and Moscow have been strengthening ties in varied areas,…

[ad_1] The Jang Yeong-sil submarine (3,600-ton class), the primary submarine of the Jangbogo-III Batch-II collection, is displayed at Hanwha Ocean’s Geoje Shipyard forward of its launching ceremony final month. (Picture courtesy of the Navy) The Presidential Workplace and authorities have said that the development of nuclear-powered submarines, which the USA has agreed to allow, will happen domestically. Nevertheless, it’s unclear whether or not disagreements between South Korea and the U.S. have been utterly resolved, as U.S. President Donald Trump accepted Korea’s nuclear submarine development whereas stating that it could be “constructed on the wonderful American Philadelphia shipyard (Hanwha…

[ad_1] KB Monetary Group’s head workplace in Yeouido, Seoul (Photograph courtesy of KB Monetary Group) KB Monetary Group has determined to pour 110 trillion gained into productive and inclusive finance to foster strategic industries that may lead the nationwide economic system and create ecosystems. Specifically, KB Monetary will actively assist regional development initiatives for balanced nationwide improvement. KB Monetary introduced on Nov. 9 that it’ll allocate 93 trillion gained to productive finance and 17 trillion gained to inclusive finance over the following 5 years. To implement this plan, the group will function the KB Monetary…

[ad_1] LS ELECTRIC’s switchgear for North American export (Photograph courtesy of LS ELECTRIC) LS ELECTRIC has secured a contract for energy resolution gear for use for a U.S. hyperscale synthetic intelligence (AI) knowledge heart. The corporate introduced on Nov. 10 that it signed a contract price $91.9 million (roughly 132.9 billion received) with a North American massive tech firm to produce high-voltage and low-voltage switchgear and transformers for AI knowledge heart energy provide. This undertaking includes supplying energy gear to an AI knowledge heart being inbuilt Tennessee. LS ELECTRIC will provide switchgear and transformers for…

[ad_1] Whether or not we prefer it or not, the subsequent chapter of Korean literature could reside onscreen.Korean literature, or Okay-lit, has emerged as a brand new international cultural frontier. Worldwide gross sales of Korean titles surged following Han Kang’s 2024 Nobel Prize win, however for a lot of Korean publishers, high-profile guide offers are not the tip aim; they’re only the start.Taylor Bradley, co-founder of Honford Star publishing home, gave a lecture for Royal Asiatic Society Korea on Sept. 23, discussing how Korean publishers are more and more evaluating new works for cinematic potential.Bradley pointed to the instance of…

[ad_1] A buyer makes a fee utilizing Samsung Pay on a Galaxy smartphone. (Captured from SED TV) Samsung Electronics is in talks with the U.Ok.’s Barclays Financial institution to launch its personal bank card in the USA. The Wall Road Journal (WSJ) reported on Nov. 7 (native time) that Samsung Electronics is negotiating with the British financial institution Barclays to launch a bank card within the U.S. and that the bank card to be collectively issued by the 2 corporations is deliberate to make use of Visa’s fee community.” Samsung Electronics believes that it will…

[ad_1]  A Pfizer brand is displayed at a analysis facility within the La Jolla neighborhood of San Diego, California, U.S. (Reuters) U.S. pharmaceutical large Pfizer will purchase Metsera, a developer of weight problems remedies, for $10 billion (roughly 14.5 trillion received). After a fierce two-month acquisition battle with Danish drugmaker Novo Nordisk, Pfizer emerged victorious, securing a foothold for entry into the quickly rising weight problems drug market. In keeping with Reuters and different stories on Nov. 8 (native time), Metsera introduced that it had accepted Pfizer’s $10 billion acquisition provide. The value quantities to…

[ad_1] The Korea Occasions has chosen 14 college students as winners of the 14th World Korea Awards.Selma Naciri, a pupil at Bosung Ladies’ Excessive Faculty in central Seoul’s Yongsan District, received the grand prize, which will likely be offered by Minister of Gender Equality and Household Gained Min-kyong. Born to a Moroccan father who later grew to become a naturalized Korean and a Korean mom, she drew on her multicultural background to review Arabic and different languages, cultivating an early sensitivity to world views. Hoping to pursue a profession in diplomacy, she has been energetic in her college’s Mannequin United…

[ad_1] WASHINGTON — The Supreme Courtroom on Monday rejected a name to overturn its landmark determination that legalized same-sex marriage nationwide.The justices, with out remark, turned away an attraction from Kim Davis, the previous Kentucky court docket clerk who refused to difficulty marriage licenses to same-sex {couples} after the excessive court docket’s 2015 ruling in Obergefell v. Hodges.Davis had been making an attempt to get the court docket to overturn a lower-court order for her to pay $360,000 in damages and legal professional’s charges to a few denied a wedding license.Her legal professionals repeatedly invoked the phrases of Justice Clarence…

[ad_1] LG Show’s plant in Paju, Gyeonggi Province (Photograph courtesy of LG Show) LG Show is on the verge of posting its first annual revenue in 4 years, backed by the success of its enterprise transformation centered on natural light-emitting diode (OLED) expertise as a substitute of liquid crystal shows (LCD). In accordance with the Monetary Supervisory Service’s digital disclosure system on Nov. 9, LG Show recorded 6.96 trillion gained (roughly $4.78 billion) in gross sales and 431 billion gained in working revenue within the third quarter. Its EBITDA margin, which represents an organization’s profit-generating…