Author: Seoul Reporter

The Seoul Reporter is an independent news platform uncovering untold stories from the heart of Korea. Our team of journalists and contributors expose corruption, highlight innovation, and bring unfiltered truth to readers worldwide from Seoul’s power corridors to its underground culture.

[ad_1] North Korea on Thursday denounced U.S. sanctions on Pyongyang over cybercrime-related cash laundering, vowing to reply in a corresponding method.The North’s response got here because the U.S. introduced Tuesday that it had imposed sanctions on eight North Korean people and two entities for his or her involvement in laundering cash stolen by means of illicit cyber actions.Kim Un-chol, North Korea’s vice overseas minister answerable for U.S. affairs, stated in a press release that Washington’s newest sanctions reveal its hostile coverage towards the North.”As the present U.S. administration has laid out its stance that it is going to be hostile…

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[ad_1] Revealed: 06 Nov. 2025, 00:00 Audio report: written by reporters, learn by AI   President Lee Jae Myung speaks throughout a Cupboard assembly on the presidential workplace in Yongsan, Seoul, on Nov. 4. [YONHAP]   The presidential workplace has concluded that the current Korea-U.S. tariff settlement doesn’t require ratification by the Nationwide Meeting. It argues that the memorandum of understanding (MOU) lacks legally binding pressure and due to this fact falls outdoors constitutional necessities. This stance is misguided.   Article 60 of the Structure requires the Nationwide Meeting to ratify treaties imposing vital monetary burdens on the state or…

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[ad_1] Financial institution of Korea Governor Rhee Chang-yong delivers a enterprise report in the course of the Nationwide Meeting’s Technique and Finance Committee’s audit of the Financial institution of Korea held on the Financial institution of Korea in Jung-gu, Seoul on Oct. 20. (Joint Press Corps) Financial institution of Korea Governor Rhee Chang-yong has known as for the secure institution of the risk-free benchmark price “KOFR” forward of subsequent 12 months’s inclusion within the World Authorities Bond Index (WGBI). On the opening ceremony of the “Convention for Brief-term Monetary Market Improvement and KOFR Activation” collectively…

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[ad_1] U.S. greenback payments (Reuters) Final month’s overseas trade reserves elevated by almost $7 billion resulting from elevated operational beneficial properties and the issuance of overseas trade stabilization bonds. Based on the Financial institution of Korea on Nov. 5, overseas trade reserves as of the top of October stood at $428.82 billion, a rise of $6.8 billion from the earlier month. This marks the very best degree since January 2023 ($429.967 billion), representing a 2-year, 9-month excessive. International trade reserves hit a roughly 5-year low of $404.6 billion on the finish of Might, however have…

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[ad_1] Chef Napoli Matfia from “Culinary Class Wars” (2024) was born within the 12 months of the pig. He’s presupposed to keep away from standing out, however I feel standing out is how his profession took off. [YONHAP]   These fortunes emphasize calm reflection and emotional steadiness — many indicators are urged to relaxation, keep away from overexertion and worth real relationships over materials acquire. Persistence, moderation and quiet confidence result in concord and gradual progress, whereas humility and cooperation open the way in which for renewal. Listed here are your fortunes for Thursday, Nov. 6.   💰 Wealth: Monetary…

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[ad_1] Coupang’s head workplace in Songpa-gu, southern Seoul (Picture courtesy of Coupang) Coupang achieved the very best quarterly gross sales in its historical past, persevering with its dominant lead in South Korea’s e-commerce business. On Nov. 5, Coupang Inc., Coupang’s U.S. mother or father firm, introduced in its third-quarter consolidated earnings report submitted to the U.S. Securities and Trade Fee (SEC) that it posted gross sales of 12.85 trillion received, equal to roughly $9.27 billion based mostly on the common quarterly change price of 1,386.16 received per greenback. This represents a 20 p.c improve from…

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[ad_1] To mark its seventy fifth anniversary, The Korea Instances brings the magic of musical theater to the live performance stage with a gala “The Musical,” helmed by music director and conductor Kolleen Park. That includes Kang Hye-jung, Michael Ok. Lee and Choi Jae-rim, the live performance pays tribute to the legacy of Korea’s oldest English every day and the common language of music.Born to a Korean father and Lithuanian American mom, Park made her debut as music director for the Korean authentic musical “The Final Empress” within the Nineties and has since led main productions together with “Aida” and…

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[ad_1]   Jang Deok-jin   The creator is a professor of sociology at Seoul Nationwide College.       An previous joke involves thoughts. A person walks down the road muttering “Oh? Ah… Oh? Ah…” Somebody asks why. He says he was shocked to see his hand lacking and mentioned “Oh?” Then took a step, noticed his hand once more and sighed in reduction, “Ah…” One other step, the hand disappeared once more. He by no means realized that arms moved backwards and forwards when strolling.   Following the Oct. 15 actual property measures designating all of Seoul as a…

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[ad_1] SEATTLE — From immigration raids and a chronic authorities shutdown to meals stamp cuts and a lavish “Gatsby” social gathering on the White Home, People turned their frustration into votes this week. In Tuesday’s elections, Democrats received surprisingly large, defying forecasts and signaling rising public pushback in opposition to President Donald Trump’s second-term agenda.The outcomes, which included gubernatorial races in Virginia and New Jersey and a historic mayoral victory in New York Metropolis, gave Democrats new momentum in what many seen as an early check of Trump’s management. Voters throughout a number of states and cities selected candidates who…

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