Author: Seoul Reporter

A basis was launched Wednesday to honor tens of 1000’s of United Nations forces who fought for South Korea within the 1950-53 Korean Conflict, with an inauguration ceremony held in Seoul.As its first commemorative undertaking, the muse plans to erect a memorial wall bearing the names of about 40,000 U.N. forces who served within the civil warfare, via fundraising from authorities, company and particular person donors.It can additionally search to put in sculptures depicting fight troops from 16 collaborating nations, in addition to these from six U.S. navy items, beneath the title, “U.N. forces on Korean battlefields.”Envisioned initiatives additionally embrace…

Hanwha Life Insurance coverage has invited 30 excellent college students from Vietnam for a five-day program centered on monetary innovation, the agency mentioned Wednesday.This system, which started Monday, is a part of the insurer’s international company social duty initiative, FuturePlus.The chosen individuals embrace winners of the Vietnamese Olympiad in Informatics, prime college students from the fintech division on the Vietnam-Korea College of Info and Communication Know-how (VKU) and scholarship recipients in finance and ICT from Ho Chi Minh Metropolis College of Know-how.A welcoming ceremony was held Tuesday on the insurer’s headquarters on the 63 Constructing in Seoul. The individuals then…

POSCO Holdings Inc., which owns South Korea’s prime steelmaker POSCO, mentioned on Wednesday that it’s investing 1.2 trillion received ($817 million) to safe lithium, a key uncooked materials for electrical car batteries, from mines in Australia and Argentina.The South Korean steel-to-battery supplies conglomerate mentioned in an announcement that it’s buying a 30% stake in a newly established intermediate holding firm established by Australian miner Mineral Sources Ltd. (MinRes) for 1.1 trillion received ($765 million).The funding will enable POSCO to yearly safe 270,000 tons of lithium focus from the Wodgina and Mt. Marion mines operated by MinRes in Western Australia.The availability…

Is a monster born or made?That was the query Ban Ji-un requested herself whereas adapting her webtoon “Expensive X” right into a Tving drama. By the fourth episode of the thriller-romance, it’s clear: Baek Ah-jin (Kim You-jung) wasn’t born a monster. She grew to become one.As a baby, Ah-jin endured brutal abuse — first from her alcoholic mom, then her father and stepmother. By the point she reaches adolescence, the foundations of life had been clear: Nobody will defend you, so use them earlier than they use you. Behind her flawless magnificence and sharp intelligence, Ah-jin hides psychopathic tendencies and…

(Captured from the web site of the U.S. Laptop & Communications Business Affiliation) As the federal government determined to defer assessment of Google’s requested high-precision map export, the U.S. Laptop & Communications Business Affiliation (CCIA) criticized, stating it “expresses deep remorse over the scenario the place the Korean authorities is repeatedly and unjustly withholding approval.” CCIA introduced this on Nov. 12 in a “Assertion on South Korea’s Resolution to Delay Exporting Digital Map Information.” CCIA emphasised that Google requested permission from the Ministry of Land, Infrastructure and Transport in February to switch the identical map knowledge…

Web character and streamer Juice Seyeon has drawn consideration after incomes tens of tens of millions of received throughout a single birthday livestream, marking one other chapter in her headline-filled profession.On Sunday, Seyeon posted photographs from her AfreecaTV broadcast on her social media account, writing, “Due to associates who made me glad for twenty-four hours and followers who have been all the time there — I wrapped it up properly!” The photographs confirmed her celebrating her birthday whereas internet hosting a stay session, surrounded by digital items from followers.Throughout the stream, followers despatched Seyeon round 500,000 Star Balloons — a…

The speedy development of synthetic intelligence (AI) is fueling renewed debate in regards to the position of English in international communication. As AI-powered translation turns into sooner and extra correct, some argue that studying English is changing into much less important.Consultants, nevertheless, warn that this attitude oversimplifies the difficulty, notably for these seeking to totally seize the alternatives of the digital revolution. Whereas AI is undeniably remodeling the communication panorama, they emphasize that the enduring worth of mastering English stays as essential as ever.The basis of this persevering with English benefit lies within the knowledge that powers the programs themselves.An…

Main fried hen model Genesis BBQ has signed a deal to open its first restaurant in South Africa, marking the beginning of its growth throughout the African continent.The takeout and restaurant franchise stated Wednesday that it signed a grasp franchise settlement with Good Tree South Africa, a distributor of Korean meals merchandise within the nation.Genesis BBQ Chairman Yoon Hong-geun and Good Tree South Africa CEO Lee Dong-il attended the signing ceremony on the Korean firm’s headquarters in Seoul’s Songpa District on Nov. 5.Beneath the settlement, Good Tree South Africa will function Genesis BBQ’s eating places within the nation and pay…

The federal government plans to announce a complete technique aimed toward increasing Korea’s exports of shopper items inside this 12 months amid rising world demand for Korean meals, magnificence and style merchandise, the commerce ministry stated Wednesday.Commerce Minister Yeo Han-koo unveiled the plan throughout his assembly with main Korean firms manufacturing and distributing shopper items, together with on-line style platform Musinsa, e-commerce large Coupang, and a number one well being and wonder retailer CJ Olive Younger.The assembly was held to debate measures to spice up the nation’s exports of shopper items consistent with the rising reputation of Korean tradition, the…

The race to amass IGIS Asset Administration Co., South Korea’s largest actual property asset supervisor, has narrowed to Hanwha Life Insurance coverage Co. and Heungkuk Life Insurance coverage Co., marking a two-way showdown between home insurers that would reshape the nation’s property funding business.