Author: Seoul Reporter

[ad_1] Samsung Electronics Co. Chairman Lee Jae-yong and Mercedes-Benz Chief Govt Ola Källenius met in Seoul on Thursday to debate increasing cooperation in next-generation automotive applied sciences, from batteries to digital cockpit techniques, as competitors within the world electrical and connected-car market intensifies.Källenius’ Seoul journey additionally drew an unusually high-powered turnout from Korea’s high industrial teams, similar to LG and HS Hyosung, as Korean conglomerates are strengthening their partnerships with the German automaker within the age of software-defined and electrified automobiles.DINNER AT SEUNGJIWON, SAMSUNG’S EXCLUSIVE GUESTHOUSEThe Samsung chairman, extensively identified within the West by his English identify Jay Y. Lee,…

[ad_1] North Korea has held an educational debate denouncing Japan’s previous wrongdoings, labeling the nation an “inveterate enemy,” state media reported Thursday, whereas remaining silent on the brand new Japanese chief’s provide for a summit.A history-sector debate came about at a social science institute in Pyongyang on Wednesday, “divulging the wrongdoing of Japan from the previous, an inveterate enemy,” the Korean Central Information Company stated.The KCNA quoted contributors as saying in the course of the debate, “The historic wounds that the inveterate enemy, imperial Japan, inflicted on our individuals won’t ever heal even after the passage of time or a…

[ad_1] Rampant delirium. Terror. Beguiling perception.Honford Star, one of many main publishing homes for translated speculative Korean fiction, has launched three books stuffed with daring tales beneath the Lovecraft Reanimated Undertaking. They pay tribute to the American author H.P. Lovecraft (1890-1937), recognized for drawing from the gory bits of actuality and lavishing our actual world with supernatural horrors.On this trio comprising two novellas and a graphic novel, that very same Lovecraftian consciousness is dressed within the actuality of modern-day Korea. In a single story, a lady discovers a horrid stench coming not simply from herself, however from her office. In…

[ad_1] Korea head coach Hong Myung-bo mentioned Thursday he’s relying on robust performances from his midfielders in an upcoming pleasant match in opposition to Bolivia, with some key gamers lacking from the group with accidents. Korea, world No. 22, will host 76th-ranked Bolivia at Daejeon World Cup Stadium within the central metropolis of Daejeon at 8 p.m. Friday, the primary of two friendlies scheduled for the Taegeuk Warriors this month. They may subsequent play Ghana in Seoul on Tuesday.Within the days main as much as this match window, three Korean midfielders suffered accidents that pressured them off the nationwide crew.…

[ad_1] In an bold bid to ascertain the Korean capital as a number one funding vacation spot, the Seoul Metropolitan Authorities on Thursday launched Make investments Seoul, a devoted metropolis company designed to draw and facilitate company investments.At an occasion held to have fun the institution of Korea’s first municipality-led establishment centered on funding promotion, officers stated its creation is a response to the rising world competitors to draw overseas capital. The company was formally registered on Oct. 21 and is about to function the management heart for town’s funding initiatives.The group’s methods embody making funding plans that leverage Seoul’s…

[ad_1] A rising variety of Korean brokerages have surpassed 1 trillion received ($681.8 million) in working revenue this 12 months, pushed by a buoyant inventory market and a surge in each retail and institutional buying and selling, business officers stated Thursday.The two-trillion-won threshold is producing rising anticipation — a milestone that will mark a primary for the sector.Korea Funding & Securities reported its third-quarter working revenue soared 117.8 p.c from a 12 months earlier to 835.3 billion received. Cumulative revenue for the primary three quarters reached 1.98 trillion received, placing the agency on monitor to affix the so-called “2 trillion…

[ad_1] Regardless of tighter lending rules, family loans prolonged by Korean banks grew at a sooner clip in October on elevated loans for funding amid a robust inventory market, central financial institution information confirmed Thursday.Banks’ excellent family loans stood at 1,173.7 trillion received ($798.9 billion) as of end-October, up 3.5 trillion received from a month earlier, in line with the information from the Financial institution of Korea (BOK).It marks an acceleration from a 1.9 trillion-won acquire seen the earlier month.Dwelling-backed loans elevated 2.1 trillion received from a month earlier to 934.8 trillion received as of end-October, slowing from a 3.9…

[ad_1] President Lee Jae Myung speaks at a senior employees assembly held on the Presidential Workplace in Yongsan on Nov. 13. (Captured from KBS) President Lee Jae Myung has drawn the sword of structural reforms focusing on finance, public sector, pensions, training, labor, and laws. Behind his resolution to pursue these simply criticized structural reforms lies his judgment that the present interval—marked by excessive approval rankings and explosive development within the Korean inventory market alongside constructive financial developments—represents probably the most opportune timing. Throughout a senior employees assembly on the Presidential Workplace on Nov. 13,…

[ad_1] PARIS — Coordinated terrorist assaults turned Paris right into a theater of blood and calamity 10 years in the past Thursday, with gunfire on café terraces, explosions by a stadium and a nighttime bloodbath on the Bataclan live performance corridor leaving 132 folks lifeless and lots of injured.Many households measure time as “earlier than” and “after” the assaults. The evening reshaped France’s sense of security and objective, hardening safety whereas deepening a civic reflex for solidarity that endures a decade on.Paris is marking the Thursday anniversary with a sequence of tributes led by President Emmanuel Macron and Paris Mayor…

[ad_1] Years after the coronavirus pandemic ended, a rising variety of universities in Korea are bringing again on-line lectures, prompting critics to warn that the comfort of distant studying could come on the expense of academic high quality.Compounding the issue, weak tutorial oversight in on-line programs, together with fierce competitors for grades in a difficult job market, has sparked a sequence of mass dishonest scandals at universities throughout the nation.In keeping with knowledge from the Ministry of Schooling’s Increased Schooling in Korea web site, Thursday, six main universities in Seoul — Seoul Nationwide College, Yonsei College, Korea College, Sogang College,…