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President Donald Trump welcomed the International Energy Agency’s decision to release 400 million barrels of strategic oil reserves, saying the move would push crude prices down substantially. Trump spoke at a rally in Hebron, Kentucky, the district of Republican Representative Thomas Massie, where he framed the Iran confrontation as

Korean privacy authorities have imposed penalties on Lotte Card over a data breach tied to its online payment system, saying the company failed to encrypt resident registration numbers and did not adequately limit the processing of such data. The Personal Information Protection Commission (PIPC) announced fines totaling 9.62 billion

In a rally staged by the Korean Medical Association near the National Assembly, People Power Party leader Jang Dong-hyeok urged unity and discipline as the party presses toward local elections. The event centered on opposition to ingredient-name prescribing, a policy the medical group says would limit doctors’ ability to prescribe

A promotional coffee-truck event tied to a South Korean film attracted a large crowd in central Seoul, but left attendees frustrated over planning and communication. Director Jang Hang-jun’s film The Man Who Lives with the King had been linked to a promise that, if the movie reached 10 million

Global foundry supplier Trends force a record year, with TSMC accounting for almost seven in every ten dollars of revenue and Samsung facing a widening gap. TrendForce said last year the world’s top 10 pure-play foundries posted combined annual revenue of about $169.5 billion, up 26.3% from

South Korea’s Constitutional Court began accepting petitions under the so-called “retrial petition” system as part of a broader judiciary reform, with enforcement taking effect at midnight on December 12. The system is designed to address alleged infringements of fundamental rights, but officials warn that the procedural framework for how

Iran’s supreme leader issued a hard line on the Strait of Hormuz on the 12th, delivered in a message read by an announcer on state television. In the statement, Ayatollah Ali Khamenei said the Hormuz blockade “must be maintained” and vowed not to hesitate to retaliate for “the martyrs’

A Turkish national in her 20s was forwarded to prosecutors on December 6 after allegedly using generative AI to manipulate photos to show dermatitis after a nail-treatment, and fabricating a hospital treatment confirmation to pressure a nail-salon owner in Changwon, South Korea, into paying money. The incident occurred at a

South Korea’s dominant ethylene hub, Yeochun NCC, became the first to declare force majeure as the Hormuz Strait crisis persists, with major petrochemical players Lotte Chemical, LG Chem, and Hanwha Solutions warning they may invoke the same clause if supplies fail to materialize. Hanwha Solutions told customers in a

LG CNS has announced a strategic partnership with Palantir Technologies to accelerate its domestic AI transformation, or AX, business. The deal was signed ahead of Palantir’s AIPCon conference on Nov. 11 U.S. time, with the company stating the arrangement on Nov. 12. LG CNS’s top executive, Hyun