Author: Seoul Reporter

[ad_1] The Korean foreign money tumbled previous 1,450 gained to the greenback on Friday as renewed threat aversion triggered by indicators of a slowdown within the US jobs market compounded considerations over Korea’s $350 billion US funding bundle as a part of the Seoul-Washington tariff deal.The gained completed at a seven-month low of 1,456.9 per greenback in Seoul’s onshore market, down 9.2 gained from the day prior to this’s shut.The foreign money opened at 1,448.1 gained and steadily declined by means of the session, touching an intraday low of 1,458.5.The extent marks the weakest shut since April 9, when the…

[ad_1] In a call with far-reaching implications for city improvement and cultural preservation, the Supreme Courtroom has upheld a Seoul metropolis ordinance stress-free improvement restrictions close to UNESCO World Heritage websites such because the Jongmyo Shrine.The ruling strengthens cities’ proper to form city planning ― in Seoul and past ― and limits the attain of nationwide heritage authorities whereas triggering considerations over the way forward for Korea’s most treasured websites and its cultural legacy. For Seoul Mayor Oh Se-hoon, who is predicted to hunt one other time period in subsequent yr’s native election, it’s a main political win.On Thursday, the…

[ad_1] DAK LAK, Vietnam — Hurricane Kalmaegi introduced fierce winds and torrential rains to Vietnam on Friday, killing a minimum of 5 individuals and leaving widespread injury throughout the nation’s central provinces, days after the highly effective storm battered the Philippines and left scores lifeless or lacking.As floodwaters receded, restoration work started in battered cities and industrial zones, with native authorities and residents clearing particles and repairing roofs to hundreds of thousands affected throughout the central Vietnam.5 individuals have been killed — three in Dak Lak and two in Gia Lai provinces — whereas three others remained lacking in Quang…

[ad_1] Korea and Canada have held a protection cooperation convention in Ottawa to strengthen bilateral ties within the protection and arms sectors, the protection ministry stated Friday.Vice Protection Minister Lee Doo-hee hosted the convention on Thursday (native time), which introduced collectively some 120 members, together with senior authorities and navy officers from each nations.The attendees additionally included Stephen Fuhr, Canada’s secretary of state for protection procurement, and Seok Jong-gun, chief of Korea’s Protection Acquisition Program Administration.In his opening remarks, Lee stated the convention would function a chance to additional solidify the safety partnership between the 2 nations and promote sensible…

[ad_1] Ought to Korea actually be so connected to the concept of producing nuclear-powered submarines when it should burn greater than 10 trillion received and make us depending on US know-how? The USS Michigan, a US tactical nuclear submarine, makes a port name in Busan, South Korea, in 2023. (Yonhap) By Kim Jong-dae, former Justice Occasion lawmakerThe US Navy’s efforts to assemble underwater infrastructure are the topic of a lot debate. The US Congress and manufacturing trade declare that the nation wants to purchase extra Virginia-class nuclear submarines (Block IV and V) to offer extra job alternatives and to help…

[ad_1] GM Korea will shut down all of its company-operated service facilities in South Korea by February 2026, in line with folks conversant in the matter on Friday, because it braces for successful to earnings from US tariff hikes amid sluggish home gross sales.The automaker, which exports about 85% of its domestically produced autos to the US, will cease accepting service appointments at its 9 straight managed facilities by the top of December. Beginning subsequent yr, the Korean arm of Normal Motors Co. will switch operations to about 380 partner-run service facilities within the nation, with the closures set to…

[ad_1] G-Dragon opened up concerning the misery he skilled throughout a drug investigation involving him, saying the false accusations left him so shaken that he even thought-about retiring from the leisure trade. The singer additionally spoke about his future, together with the opportunity of marriage.The artist appeared on MBC’s present affairs program “Son Suk-hee’s Questions 3,” which aired Wednesday. Throughout the interview, he revisited key moments of his profession and mentioned the circumstances surrounding his 2023 drug allegations.Host Son Suk-hee talked about the music video for “Energy,” launched final October, noting that G-Dragon had described it as humorous satire however…

[ad_1] Korea on Friday raised its journey alert for the capital metropolis and a southwestern metropolis of Burkina Faso in West Africa to a stage advising its nationals to go away the nation, citing a worsening safety scenario amid rising terrorist assaults.A Stage 3 journey warning, the second highest of the four-scale alert system, might be utilized to the capital Ouagadougou and Bobo-Dioulasso within the southwest, beginning at 5 p.m. Friday, the overseas ministry stated in a launch.The newest journey alert revision for the 2 cities means a Stage 3 warning, which advises South Korean residents to go away the…

[ad_1] British soccer icon David Beckham formally obtained his knighthood from King Charles III at a solemn investiture ceremony at Windsor Fortress on Tuesday (British native time). Nonetheless, the event drew sudden consideration for its alternative of background music — a string quartet rendition of “Golden,” the hit monitor from Netflix’s international animated sensation “KPop Demon Hunters.”The chart-topping hit was performed as the previous England captain stepped ahead to obtain the very best royal honor.The unconventional music choice instantly captured the eye of the media, breaking by the same old formality of the royal event.British tabloids, together with the Every…

[ad_1] America’s busiest airports, together with these in New York, Los Angeles, Dallas and Chicago, had been set to face lots of of flight cuts beginning Friday because of the authorities shutdown, in keeping with an inventory distributed to the airways and obtained by The Related Press.The Federal Aviation Administration’s order to cut back air site visitors at 40 of the busiest airports throughout the U.S. contains areas throughout greater than two dozen states and is more likely to ripple far past these focused locations.With simply hours to go, airways had been scrambling Thursday to determine the place to chop,…