Author: Seoul Reporter

Demolition of boiler towers – The Korea Instances Boiler towers No. 4 and No. 6 on the Ulsan Thermal Energy Plant collapse moments after a managed demolition on Tuesday, six days after a lethal accident on the website. Fireplace authorities mentioned about 70 rescuers throughout eight groups would start a search operation across the stays of Boiler No. 5, positioned within the heart. Joint Press CorpsGo to High

LIG Nex1 honors Thai veterans of Korean Warfare – The Korea Instances LIG Group Chairman Koo Bon-sang, fifth from proper, together with executives and workers of LIG Nex1, poses with representatives of the Thai-Korean Warfare Veterans Affiliation throughout a courtesy go to to the group in Thailand, Monday (native time). Thailand despatched 6,326 troops to combat within the 1950-53 Korean Warfare, with 136 killed in motion and about 1,200 wounded. The Korean protection firm is collaborating in Protection & Safety 2025 in Bangkok. Courtesy of LIG Nex1Go to Prime

An inside view of a Samsung Electronics semiconductor manufacturing line (Picture courtesy of Samsung Electronics) When electrical energy charges improve, home high-tech industries akin to semiconductors and shows face the best manufacturing value burden, in line with a report launched by the Korea Chamber of Commerce and Trade (KCCI) on Nov. 11. Whereas electrification is spreading throughout industries and every day life via synthetic intelligence (AI) information middle development and electrical car growth, energy provide is falling wanting this demand, growing stress for electrical energy fee hikes. Moreover, as the federal government aggressively units the…

Fitch Rankings has raised its financial development forecast for South Korea, saying the nation is rising from a interval of sluggish exercise on the again of presidency stimulus, a rebound in housing and easing political uncertainty below the brand new administration of President Lee Jae Myung.In its outlook launched final Friday, the worldwide credit standing company projected Korea’s actual gross home product (GDP) development at 1.0% for 2025 and 1.9% for 2026, up barely from its June forecast of 0.9% and 1.8%, respectively.It mentioned the brand new authorities’s beneficiant fiscal help measures, a restoration within the housing market and the…

NEW DELHI — A automobile explosion close to the historic Purple Fort in India’s capital on Monday killed eight individuals and injured no less than 19 others, police in New Delhi mentioned.The blast, which triggered a hearth that broken a number of autos parked close by, befell close to one of many gates of the Purple Fort metro station, the hearth companies mentioned. The trigger is being investigated.New Delhi’s worldwide airport, metro stations and authorities buildings have been positioned on a excessive safety alert after the explosion, the federal government mentioned.Om Prakash Gupta, a witness who lives near the scene,…

The federal government mentioned Tuesday all plane takeoffs and landings throughout South Korea might be quickly prohibited to control noise throughout this yr’s annual Faculty Scholastic Capacity Take a look at (CSAT) later this week.In keeping with the transportation ministry, plane takeoffs and landings might be restricted for 35 minutes between 1:05 p.m. and 1:40 p.m. Thursday in the course of the English listening analysis portion of the nationwide school entrance examination.All plane in flight, excluding these in emergency conditions, should stay within the air at an altitude of three kilometers or greater below the path of air site visitors…

The Nationwide Meeting in Seoul’s Yeouido. (Yonhap) By Kang Joon-mann, professor emeritus of media and communication research at Jeonbuk Nationwide CollegeSouth Korea is a republic of attorneys. All three current presidents have authorized backgrounds, and 61 Nationwide Meeting members — 20.3% of the whole — are former authorized professionals. Amid the “judicialization of politics” that has successfully swallowed up the political realm, prosecutorial and judicial reform has turn into the paramount political agenda, whereas the development of abnormal Koreans’ livelihoods has been pushed apart way back. What’s intriguing is that this authorized republic was constructed by means of a partnership between…

The Korean IPO market is reviving South Korea’s moribund preliminary public providing (IPO) market is springing again to life with a wave of high-profile corporations set to go public, betting that a resurgent inventory market and enhancing investor sentiment will maintain into subsequent yr.In line with funding banking sources on Tuesday, a string of huge unlisted corporations, together with KKR Co.-backed vogue platform Musinsa and wonder firm Gudai World, have begun formal preparations to record, every eyeing valuations of no less than 10 trillion gained ($6.8 billion).The revival marks a pointy turnaround from the subdued choices of the previous two…

North Korea is creating one other seaside tourism space in its northern east coast area, following this 12 months’s launch of the east coast Kalma vacationer zone, in line with state media Tuesday.The North’s state-run Korean Central Information Company (KCNA) mentioned the development of a maritime park zone in Yombunjin, North Hamgyong Province, has reached its completion stage, with roads, shops, eating places and different facilities already constructed.The KCNA mentioned paving and inside work are at present underneath manner at a maritime inn in Yombunjin.Yombunjin, situated on North Korea’s northern east coast, is the place development of a lodge was…

Rising extra assured with every passing match in England, Korean midfielder Yang Min-hyeok mentioned Tuesday he is able to display his means to complete off probabilities across the purpose.Yang, 19, earned his first senior nationwide workforce call-up since March, with Korea scheduled to face Bolivia on Friday and Ghana subsequent Tuesday. The 19-year-old made his worldwide debut in March and is now anticipating extra alternative.”I’m very grateful to have been chosen once more,” Yang informed reporters earlier than a coaching session on the Nationwide Soccer Middle in Cheonan, South Chungcheong Province. “Now that I’m again in such a treasured spot,…