Author: Seoul Reporter

[ad_1] President Lee Jae Myung participates in a gathering on the presidential workplace in Yongsan, Seoul, Wednesday. (Yonhap) The Lee Jae Myung administration on Wednesday unveiled a sequence of plans to cement the nation’s place as a worldwide cultural powerhouse and to construct a sustainable digital and media ecosystem.The five-year plan outlines daring progress targets for the Okay-culture business whereas reinforcing the foundations of creative creation and public participation.Below the primary pillar of strengthening the nation’s place as a worldwide cultural powerhouse, the federal government goals to develop the Okay-culture market to 300 trillion received ($216 billion) by 2030, up…

[ad_1] Pan Ocean’s very giant crude service (Photograph courtesy of Pan Ocean) Pan Ocean (028670) reported on Nov. 3 that its working revenue for the third quarter of this yr was 125.2 billion received, a 2.2% lower in comparison with the identical interval final yr. Gross sales income decreased by 0.6% to 1.2695 trillion received throughout the identical interval. On a cumulative foundation for the third quarter of this yr, gross sales elevated by 13.5% year-on-year to three.9566 trillion received. Cumulative working revenue maintained the same degree at 361.5 billion received for a similar interval. …

[ad_1] The Chevrolet Trax Crossover (Photograph courtesy of GM Korea) GM Korea introduced on Nov. 3 that it bought a complete of 39,630 items in home and abroad markets final month, down 20.8% in comparison with the identical interval final yr. Home gross sales decreased by 39.5% to 1,194 items, whereas exports fell by 20% to 38,436 items in comparison with the identical interval final yr. Analysts counsel that GM Korea’s poor efficiency continues as the USA, which accounted for a lot of the export quantity, imposed a 25% tariff, increased than different main nations. …

[ad_1] new video loaded: Nvidia, Samsung, Hyundai Leaders Share Fried Rooster and BeerThe leaders of Nvidia, Samsung and Hyundai frolicked over Korean fried rooster and beer on Thursday in Seoul. Their informal outing signaled the deepening ties between Nvidia, the American chip maker, and South Korea’s auto and tech conglomerates.By Hannah YiOctober 31, 2025 [ad_2]

[ad_1] OpenAI has signed a deal to purchase $38 billion value of capability from Amazon Net Companies, its first contract with the chief in cloud infrastructure and the most recent signal that the $500 billion synthetic intelligence startup is now not reliant on Microsoft.Below the settlement introduced on Monday, OpenAI will instantly start working workloads on AWS infrastructure, tapping tons of of hundreds of Nvidia’s graphics processing models (GPUs) within the U.S., with plans to broaden capability within the coming years.Amazon inventory climbed about 5% following the information.The primary section of the deal will use present AWS information facilities, and…

[ad_1] Renault Korea’s Grand Koleos (Picture courtesy of Renault Korea) Renault Korea introduced on Nov. 3 that it bought 7,201 models within the international market final October. This determine represents a 42.2% lower in comparison with the identical interval final 12 months. Home gross sales decreased by 40.4% to three,810 models, whereas exports decreased by 44.1% to three,391 models. The lower in home gross sales is attributed to diminished manufacturing quantity because of the Chuseok vacation and the bottom impact attributable to the best-selling mid-size sports activities utility automobile (SUV) Grand Koleos. Grand Koleos gross…

[ad_1] US President Donald Trump and President Lee Jae Myung of South Korea attend a welcome ceremony on the Gyeongju Nationwide Museum on Oct. 29, 2025, forward of their expanded summit. (Kim Tae-hyeong/Hankyoreh) US President Donald Trump stated Wednesday that the US and South Korea had reached a deal on tariffs. Throughout a dinner for leaders in Gyeongju for the Asia-Pacific Financial Cooperation summit, Trump was requested by a reporter whether or not he had reached a take care of Korea. “We did,” he replied. Earlier that day, Trump held a summit with South Korean President Lee Jae Myung on the Gyeongju Nationwide…

[ad_1] Kim Ji-hoon, an workplace employee in his 40s, grew his 300 million received ($220,000) funding into 1.5 billion received over 5 years. Now financially unbiased, he earns a secure post-retirement earnings of about 4 million received monthly — sufficient, he says, to dwell comfortably and journey after leaving his job. Kim shared his funding method within the e book “Retire with Simply 3 U.S. ETFs,” which has bought over 30,000 copies since its launch in March, changing into one of many yr’s most talked-about monetary titles. Change traded funds (ETFs) are funding funds that personal monetary belongings like shares,…

[ad_1] Printed: 03 Nov. 2025, 15:17 Up to date: 03 Nov. 2025, 19:12 Singer-actor Yim Si-wan [THE BLACK LABEL]   Singer-actor Yim Si-wan has signed with The Black Label, residence to Blackpink’s Rosé, Allday Challenge and Park Bo-gum, the company stated Monday.   “We’re thrilled to work with Yim, who has proven excellent appearing and flexibility throughout a variety of genres,” The Black Label stated in a press launch.   Yim was beforehand signed to Studio Plum. Following his debut as a member of boy band ZE:A in 2010, Yim gained mainstream recognition by appearing roles within the movie “The…

[ad_1]   Nationwide Meeting Speaker Woo Received-shik delivers remarks at a discussion board on the 2026 finances invoice on the Nationwide Meeting Members’ Workplace Constructing in Yeouido, western Seoul, on Nov. 3. [YONHAP]   With the season of diplomacy over, home affairs now take middle stage. After handing over the chairmanship of the Asia-Pacific Financial Cooperation summit to Chinese language President Xi Jinping on Saturday, President Lee Jae Myung is ready to ship a coverage speech on the Nationwide Meeting at this time outlining subsequent yr’s finances proposal. The Lee administration’s first finances totals 728 trillion received ($509 billion), an…