Author: Seoul Reporter

[ad_1] Naver CEO Choi Soo-yeon (Picture courtesy of Naver) Naver will implement capital expenditure (CAPEX) of over 1 trillion gained in AI chips alone beginning subsequent 12 months to broaden its synthetic intelligence (AI) agent and bodily AI companies. This comes as the corporate confirmed the potential for enterprise growth by means of AI, with third-quarter income surpassing 3 trillion gained for the primary time in historical past after integrating AI into current companies. Naver introduced its plan to make AI a brand new enterprise space and make investments aggressively throughout its third-quarter earnings convention…

[ad_1]     Kim Byung-yeon   The creator is a chair professor of economics at Seoul Nationwide College.        The current settlement on U.S.-Korea tariff negotiations eased uncertainty surrounding Korea’s safety and economic system. Either side acknowledged that the dangers of not compromising had been too nice. But the best uncertainty stays the way forward for the USA. With Seoul’s economic system and safety now extra intently tied to Washington’s, the USA’ trajectory is inseparable from Korea’s personal.   Can the U.S. economic system get well sufficient to fend off China’s problem, or will it shortly decline?  …

[ad_1] HONG KONG — An American instructor and his teenage son have been stung to demise whereas on vacation in Laos.Daniel Owen and his son, Cooper, who lived in neighboring Vietnam, had been at an eco-adventure resort close to town of Luang Prabang after they had been attacked on Oct. 15. NBC Information was unable to verify what they had been stung by.The 2 Individuals had been briefly handled on the Phakan Arocavet Clinic in Luang Prabang, director Phanomsay Phakan stated Wednesday. “The situation of the daddy and son was very severe, so that they had been shortly transferred to…

[ad_1] Ok-pop has turn out to be a world cultural juggernaut, propelling Korea to the forefront of the world’s leisure stage and turning the nation right into a prime vacation spot for worldwide college students. However because the Korean wave surges, the query stays: Can Ok-pop’s preliminary attraction translate into lasting academic affect, or will it’s simply one other passing development for universities?”Whereas Koreans initially reacted with skepticism to international hits like ‘Squid Recreation’ or ‘KPop Demon Hunters,’ in contrast to the keenness of worldwide followers, these popular culture moments in the end exploded in reputation,” mentioned Michael Damage, adjunct…

[ad_1] President Lee Jae Myung of South Korea speaks to US President Donald Trump at their expanded bilateral summit held in Gyeongju on Oct. 29, 2025, on the sidelines of the APEC summit. (pool picture) By Park Chan-su, senior editorial author“I feel there’s been one thing of a misunderstanding,” Korean President Lee Jae Myung stated in sudden remarks earlier than his summit with US President Donald Trump on Oct. 29.“We’re not aiming to construct nuclear-armed submarines. Reasonably, assuming that you simply agree to offer the gasoline, we’ll construct nuclear-powered submarines loaded with typical weapons with our personal expertise,” Lee stated.Eyebrows…

[ad_1] SK Group Chairman Chey Tae-won delivers a keynote speech on “AI Now & Subsequent” on the SK AI Summit 2025 keynote session held at COEX Auditorium in Gangnam-gu, Seoul on Nov. 3. (Captured from Yonhapnews TV) SK Hynix has confirmed its place because the strongest participant within the HBM market by elevating the value of its sixth technology excessive bandwidth reminiscence (HBM4) to be equipped to Nvidia, the world’s largest synthetic intelligence (AI) semiconductor firm, by greater than 50% in comparison with its predecessor (HBM3E). SK Hynix has secured its path to record-breaking efficiency by efficiently finishing…

[ad_1] Actor Jun Ji-hyun has determined to step down from the upcoming drama tentatively titled “Koreans.”Her company, Peach Firm, mentioned Tuesday that “‘Koreans’ was one among a number of initiatives into consideration, however she has finally determined to not take part.”The collection is an adaptation of FX’s hit American spy drama “The People,” reimagined in opposition to the backdrop of Korea’s army dictatorship period reasonably than the Chilly Battle. The drama shall be directed by Ahn Gil-ho, recognized for “Stranger” (2017) and “The Glory” (2022), and can star Lee Byung-hun.Jun was provided the position of Lee’s spouse, marking what would…

[ad_1] GYEONGJU, KOREA/WASHINGTON, D.C. – Kristalina Georgieva, managing director of the Worldwide Financial Fund (IMF), has known as on South Korea to overtake its inflexible labor market to adapt to sweeping adjustments pushed by synthetic intelligence, warning that as a lot as 60% of jobs in superior economies may quickly be affected.“Synthetic Intelligence is already reworking the best way we work, the best way we dwell, the best way we talk with one another,” Georgieva informed The Korea Financial Each day in an unique interview in Gyeongju on Nov. 1 on the sidelines of the APEC Summit. “In superior economies,…

[ad_1] BEIJING — China mentioned on Wednesday it could lengthen the suspension of an extra 24 % tariff on U.S. items for one yr, preserving a ten % blanket tariff in place.An announcement printed on the Ministry of Finance web site, citing Beijing’s State Council, mentioned that “for one yr the 24 % tariff on U.S. items will proceed to be suspended, (and) a ten % tariff on U.S. items will stay”.The assertion mentioned the suspension follows “the consensus reached within the China-U.S. financial and commerce consultations” and could be efficient from November 10.Chinese language chief Xi Jinping and U.S.…

[ad_1] No particular particulars have been mentioned with the US relating to Korea’s plan to develop a nuclear-powered submarine, together with whether or not will probably be constructed at a U.S. shipyard, Protection Minister Ahn Gyu-back stated Wednesday.The protection minister’s feedback stand in distinction with U.S. President Donald Trump’s earlier announcement that the vessel can be constructed at Hanwha Philly Shipyard in Philadelphia, which is owned by Korea’s Hanwha Ocean. Ahn additionally implied his help for the submarine to be constructed right here, signaling a possible dispute between the 2 nations over the place to assemble it.His feedback got here…