seoul

Seoul city government has announced a comprehensive urban development plan aimed at transforming all sidewalks across the city into continuous shaded walkways by 2028. This initiative is part of Seoul’s broader efforts to combat the rising temperatures associated with extreme heat waves, which have become a persistent challenge in recent years.
The plan was unveiled by Seoul Mayor Oh Se-hoon during a news conference, where he emphasized that citizens should have the right to walk on shaded streets, especially during the hottest parts of the day. The project involves installing shading structures and canopies along sidewalks to provide relief from the sun’s heat, creating a cooler and more comfortable urban environment.
Heat waves are no longer brief discomforts but are increasingly becoming a long-term concern for urban populations. Seoul’s move to install shaded walkways reflects a proactive approach to urban climate adaptation, aiming to improve public health and quality of life while also mitigating the urban heat island effect.
The city’s strategy will include designing the shaded walkways to blend with existing urban infrastructure and ensure accessibility for all citizens. The initiative demonstrates Seoul’s commitment to sustainable urban planning and climate resilience, setting an example for other cities facing similar heat-related challenges. #Seoul #UrbanDevelopment #ClimateResilience

Shares of South Korean chipmaker Samsung Electronics fell more than 5% in early trading on Monday, after the company said last week that its payout to shareholders this year could reach 110 trillion won, or $79.38 billion. Samsung Electronics shares were down 5.2% as of 00:13 GMT.
Shareholder payouts
Samsung Electronics said it could pay shareholders up to 110 trillion won in dividends in 2026. The report quoted the exchange rate as 1,385.7800 won to one US dollar. The source did not provide further details on the mechanism or components of these payouts.Shareholder payments
Samsung Electronics reported a possible amount of shareholder payments of up to 110 trillion won in 2026. The material gives the exchange rate: one US dollar equaled 1,385.7800 won. The source does not provide additional details about the mechanism or components of these payments.
Trading in South Korea
At the same time, shares of another chip manufacturer SK Hynix rose by 2.4%. The benchmark KOSPI index fell by 0.7% at that time. Channel NewsAsia, which published the Reuters material, reports on the dynamics of trading in Seoul.
#Samsung #Seoul #SouthKorean