Economy
Business·Industry
Korea Tourism Organization and Nexon Join Forces to Showcase Korean Culture in K-Games
Data from the Korea Tourism Organization (KTO) will be used in a video game inspired by the classic novel *The Legend of Jeon Woo-chi*. The goal is to provide high-quality tourism images and video dat…
Business·Industry
LG Corp. Unveils ‘Expert AI’ to Solve Industrial Challenges… Accelerating the Move Toward Autonomous Factories
LG Corp. has unveiled examples of its proprietary artificial intelligence (AI) system, “ExaOne,” being utilized as “expert AI” tailored to specific industrial settings. The company introduced various …
Business·Industry
LGELECTRONICS Opens First B2B AI Home Showroom in the Middle East in Saudi Arabia… Targeting an $8.7 Billion Market
LGELECTRONICS has opened the Middle East’s first business-to-business (B2B) dedicated artificial intelligence (AI) home experience center in Saudi Arabia. The company is targeting local construction f…
Macroeconomics
"Fed to Raise Rates Twice This Year… Bank of Korea Also Expected to Hike Rates Again in November"
Expectations are growing that the U.S. Federal Reserve (Fed) will raise interest rates at this week’s Federal Open Market Committee (FOMC) meeting. This comes as international oil prices have once aga…
Business·Industry
SamsungElectronics Presents a Solution for the Electrification of Residential Heating and Cooling… Unveils the EHS Heat Pump
SamsungElectronics will showcase a heat pump solution that uses electricity to provide heating, cooling, and hot water at the “2026 Green Hydrogen Global Forum” being held in Jeju. As the electrificat…
Finance
Lee Jae-geun, KB Chairman Nominee: “I Will Not Rest on My Laurels as the Leader, but Will Drive Progress and Change”
#Lee Jae-geun, Head of KB Financial Group and the nominee for the next chairman of KB Financial Group, stated on the 14th, “My appointment following such significant achievements is a message that we …
Business·Industry
TG-C Failed to Clear U.S. Phase 3 Trials… Three Reasons Why Cartistem Is Confident
As Medipost begins full-scale Phase 3 clinical trials in the U.S. for “Cartistem,” a stem cell therapy for knee osteoarthritis, attention is focusing on its potential for success. Despite the clinical…
Finance
“Korea Is a ‘Hot Pot’”… KOK Scammers Are Laughing [Behind-the-Scenes Gossip fromChoi Hoon Gil]
“(The KOK defendants and their associates) probably thought, ‘What good will it do if the victims, scattered like grains of sand, make a fuss?’”These were the words of a witness who appeared at the tr…
Macroeconomics
Exchange Rate Has Fallen by Over 200 Won in Two Months… Will It Rebound Again Amid U.S. Monetary Tightening?
In the third quarter of this year, the value of the Korean won rose nearly three times as much as the Japanese yen, recording the highest rate of appreciation among the currencies of the Group of 20 (…
Business·Industry
K-Startup Grand Challenge Acceleration Program Kicks Off in Earnest
One of the key drivers behind the growth of “MICE”—a high-value-added tourism and knowledge-service industry—is “corporations.” Meetings, Incentive Tours, Conventions, and Exhibitions are increasingly…