Author: Seoul Reporter

In an bold bid to ascertain the Korean capital as a number one funding vacation spot, the Seoul Metropolitan Authorities on Thursday launched Make investments Seoul, a devoted metropolis company designed to draw and facilitate company investments.At an occasion held to have fun the institution of Korea’s first municipality-led establishment centered on funding promotion, officers stated its creation is a response to the rising world competitors to draw overseas capital. The company was formally registered on Oct. 21 and is about to function the management heart for town’s funding initiatives.The group’s methods embody making funding plans that leverage Seoul’s distinctive…

A rising variety of Korean brokerages have surpassed 1 trillion received ($681.8 million) in working revenue this 12 months, pushed by a buoyant inventory market and a surge in each retail and institutional buying and selling, business officers stated Thursday.The two-trillion-won threshold is producing rising anticipation — a milestone that will mark a primary for the sector.Korea Funding & Securities reported its third-quarter working revenue soared 117.8 p.c from a 12 months earlier to 835.3 billion received. Cumulative revenue for the primary three quarters reached 1.98 trillion received, placing the agency on monitor to affix the so-called “2 trillion received…

Regardless of tighter lending rules, family loans prolonged by Korean banks grew at a sooner clip in October on elevated loans for funding amid a robust inventory market, central financial institution information confirmed Thursday.Banks’ excellent family loans stood at 1,173.7 trillion received ($798.9 billion) as of end-October, up 3.5 trillion received from a month earlier, in line with the information from the Financial institution of Korea (BOK).It marks an acceleration from a 1.9 trillion-won acquire seen the earlier month.Dwelling-backed loans elevated 2.1 trillion received from a month earlier to 934.8 trillion received as of end-October, slowing from a 3.9 trillion-won…

President Lee Jae Myung speaks at a senior employees assembly held on the Presidential Workplace in Yongsan on Nov. 13. (Captured from KBS) President Lee Jae Myung has drawn the sword of structural reforms focusing on finance, public sector, pensions, training, labor, and laws. Behind his resolution to pursue these simply criticized structural reforms lies his judgment that the present interval—marked by excessive approval rankings and explosive development within the Korean inventory market alongside constructive financial developments—represents probably the most opportune timing. Throughout a senior employees assembly on the Presidential Workplace on Nov. 13, Lee…

PARIS — Coordinated terrorist assaults turned Paris right into a theater of blood and calamity 10 years in the past Thursday, with gunfire on café terraces, explosions by a stadium and a nighttime bloodbath on the Bataclan live performance corridor leaving 132 folks lifeless and lots of injured.Many households measure time as “earlier than” and “after” the assaults. The evening reshaped France’s sense of security and objective, hardening safety whereas deepening a civic reflex for solidarity that endures a decade on.Paris is marking the Thursday anniversary with a sequence of tributes led by President Emmanuel Macron and Paris Mayor Anne…

Years after the coronavirus pandemic ended, a rising variety of universities in Korea are bringing again on-line lectures, prompting critics to warn that the comfort of distant studying could come on the expense of academic high quality.Compounding the issue, weak tutorial oversight in on-line programs, together with fierce competitors for grades in a difficult job market, has sparked a sequence of mass dishonest scandals at universities throughout the nation.In keeping with knowledge from the Ministry of Schooling’s Increased Schooling in Korea web site, Thursday, six main universities in Seoul — Seoul Nationwide College, Yonsei College, Korea College, Sogang College, Sungkyunkwan…

A scholar hugs their mother earlier than heading into Ewha Ladies’ Overseas Language Excessive College in Seoul to take the Faculty Scholastic Potential Take a look at on Nov. 13, 2025. (Choi Hyeon-su/Hankyoreh) On Thursday, over half 1,000,000 test-takers flocked to 1,310 check websites throughout Korea for the annual Faculty Scholastic Potential Take a look at, identified regionally because the Suneung.At 554,147, this 12 months’s check had essentially the most takers in seven years, on account of a bigger variety of seniors in highschool — who have been born throughout an uptick in start charges in 2007/2008 — and a…

Rokit Healthcare introduced on Nov. 13 that it has developed a man-made intelligence (AI) cardiac regeneration patch that implements myocardial contraction and leisure capabilities. The know-how operates by extracting autologous cells and creating patches via 3D printing mixed with AI know-how, that are then inserted into weakened cardiac muscle or vascular areas to regenerate tissues. The patch regenerates broken myocardium via electrical sign conduction and synchronized contraction induction, structural reinforcement of the cardiac wall, localized supply of stem cells and development elements, and minimization of immune and inflammatory responses. Present medical methods have limitations…

The boy group Saja Boys, which gained recognition within the Netflix animated movie “KPop Demon Hunters,” is increasing its presence into the true world with official music actions.The Federation of Korean Music Performers (FKMP) stated on Thursday that “all 5 vocal artists of Saja Boys have just lately joined as members.”The newly registered performers are Danny Chung and samUIL Lee, who be a part of present members Andrew Choi, Neckwav and Kevin Woo. They’re the singers behind the boy group featured in “KPop Demon Hunters.”Andrew Choi, who completed third on SBS’ “Okay-pop Star Season 2,” has since constructed a repute…

World buyout companies have swept up most of South Korea’s large-scale mergers and acquisitions this 12 months, filling the vacuum left by home personal fairness teams reeling from political and public backlash over the so-called “Homeplus incident.”