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’s Goryeo Soybean Paste Liquor / Courtesy of Tourism DPRKEfforts to promote North Korean-made liquor in South Korea have stalled after regulators rejected an import registration over lacking security paperwork.The unidentified importer introduced in about 3,500 bottles of Goryeo doenjang (soybean paste) liquor and deuljjuk (bathroom bilberry) liquor via Incheon Port in September, after receiving prior approval from the Ministry of Unification.However the Ministry of Meals and Drug Security later denied registration for the merchandise, citing the importer’s failure to supply documentation verifying the abroad manufacturing website, the unification ministry mentioned Sunday.The choice was made beneath the Particular…
[ad_1] GYEONGJU – China could also be inching nearer to lifting its unofficial ban on South Korean leisure, as President Xi Jinping appeared receptive to a proposal for a large-scale Ok-pop live performance in BeijingThe transfer, proven on the sidelines of the Lee-Xi assembly as a part of the APEC 2025 Summit within the southeastern metropolis of Gyeongju on Saturday, is a transparent gesture that has rekindled hopes of a long-awaited thaw in the “Korean wave” ban, analysts stated.Kim Younger-bae, a ruling Democratic Social gathering lawmaker who accompanied President Lee to the bilateral summit, wrote on social media that Xi…
[ad_1] Donald Trump has accepted South Korea’s long-sought plan to construct nuclear-powered submarines, a transfer that would remodel Korea’s naval capabilities and the way forward for its shipbuilding trade whereas strengthening strategic cooperation with Washington.A day after the 2 allies reached a broad commerce and tariff deal within the southern city of Gyeongju on the sidelines of the APEC leaders’ assembly, the US president stated on Thursday that he’s permitting South Korea to construct nuclear-powered submarines within the US.“I’ve given them approval to construct a Nuclear Powered Submarine, slightly than the quaint, and much much less nimble, diesel powered Submarines…
[ad_1] South Korea was set to launch its fifth homegrown army spy satellite tv for pc from a U.S. house base on Sunday, the protection ministry mentioned, in a transfer anticipated to bolster its unbiased surveillance capabilities towards North Korea.The artificial aperture radar (SAR) spy satellite tv for pc will raise off at round 1 a.m. Sunday (U.S. time) from Cape Canaveral House Power Station in Florida, in response to the ministry.The satellite tv for pc is the fifth and closing army satellite tv for pc to be launched beneath the nation’s plan to deploy 5 spy satellites by the…
[ad_1] Samsung Electronics Co. has already bought out subsequent yr’s manufacturing of its next-generation HBM4 chips after starting long-awaited HBM3E shipments to Nvidia Corp. within the third quarter, underscoring a powerful comeback within the world reminiscence market fueled by surging demand for artificial-intelligence servers.The South Korean reminiscence large mentioned Thursday that its HBM3E chips are “at the moment in mass manufacturing and being bought to all associated clients,” confirming profitable shipments of its fifth-generation high-bandwidth reminiscence to Nvidia.The Korea Financial Every day reported in September that Samsung had handed Nvidia’s qualification exams for its 12-layer HBM3E product, a milestone that…
[ad_1] South Korea has determined to finance its $200 billion US funding bundle via foreign-exchange earnings and newly issued government-guaranteed bonds, in a transfer designed to assist strategic US initiatives whereas insulating the Korean financial system from monetary threat.In keeping with authorities and the ruling celebration sources on Thursday, the Ministry of Economic system and Finance and the Financial institution of Korea have agreed to lift as much as $20 billion a 12 months for the 20-year funding program by diverting curiosity and dividend earnings from the nation’s $422 billion in international reserves and issuing dollar-denominated bonds via a brand…
[ad_1] It was a kind of uncommon red-carpet moments when custom met trendy cool — and owned it.At Vogue World: Hollywood 2025, BTS’ V arrived not simply as a worldwide pop icon however as a mode story in movement. His look — a chic reimagining of Korea’s hanbok — turned the Los Angeles evening into one thing quietly unforgettable.Carrying a wide-brimmed fedora that echoed the basic gat and a flowing grey overcoat tailor-made with royal restraint, V carried the grace of custom with the convenience of a film star. Round his waist, a crimson norigae belt glimmered with jade and…
[ad_1] The heirs of late Samsung Group Chairman Lee Kun-hee offloaded about 1.8 trillion received ($1.3 billion) price of Samsung Electronics Co. shares via a block deal on Thursday to cowl inheritance taxes and mortgage funds, based on funding banking sources.Hong Ra-hee, the spouse of the late chairman, and her daughters – Lee Boo-jin, president of Lodge Shilla Co., and Lee Search engine optimisation-hyun, president of Samsung C&T Corp. – offered a portion of their 17.7 million shares in Samsung Electronics after market shut on Thursday.The shares up on the market in a block deal had been valued at about…
[ad_1] It started with a toast of beer and fried rooster at a modest Seoul eatery, adopted by a flurry of compliments and present exchanges, and ended with a glitzy joint look on a Gangnam stage earlier than 1000’s of onlookers Thursday evening.What unfolded was much less a stiff company summit than a vigorous present of camaraderie amongst three of the world’s highly effective enterprise leaders – Nvidia Corp. CEO Jensen Huang, Samsung Electronics Co. Chairman Jay Y. Lee and Hyundai Motor Group Chairman Chung Euisun.Within the heat of that present of friendship, the trio signaled one thing greater taking…
[ad_1] The Nationwide Pension Service (NPS) will proceed to develop its actual property portfolio in North America, Europe and India, concentrating on residential, logistics and digital-related belongings, Jun Ahn, head of the true property division at NPS, mentioned on Thursday. Jennifer Nicholson-Breen edited this text. [ad_2]