Economy
Insurance
HANWHA LIFE INSURANCE Acquires Acuon Capital Partners Co., Ltd. and Savings Bank… Board Approves Acquisition of Controlling Stake (Comprehensive)
HANWHA LIFE INSURANCE has acquired Acuon Capital Partners Co., Ltd. and Acuon Savings Bank. Hanwha Financial Group, centered around HANWHA LIFE INSURANCE, has expanded its business scope from insuranc…
Business·Industry
“Local Vibe 2026” to Be Held at COEX in November… Local Brands Gather in One Place
“LOCAL VIBE by Travel Show 2026,” a regional brand lifestyle expo, will be held for three days from November 20 to 22 at Hall C of COEX in Seoul.
Organized by the LOCAL VIBE Organizing Committe…
Business·Industry
AI Chip Design Time Cut to 9 Months… AI Transforms Corporate Performance (Comprehensive)
A proposal has been put forward that companies should make a full-scale shift to “AI agent workflows,” moving beyond merely utilizing artificial intelligence (AI) to actually translating it into tangi…
Business·Industry
Gangwon Land Contributes Approximately 4.7 Billion Won to Revitalize the Local Economy and Promote Win-Win Management
Gangwon Land will contribute 3.7 billion won to support the relocation and growth of companies in regions undergoing coal industry transition, with the aim of revitalizing the local economy. This init…
M&A·IB
Mom's Touch to Hold Preliminary Bidding This Week… How Many Companies Will Make the Shortlist? [Market In]
The sale of the domestic burger franchise Mom’s Touch is set to enter the preliminary bidding phase soon. The number of potential buyers that come forward and the number of qualified bidders (shortlis…
M&A·IB
[Market In] HANWHA LIFE INSURANCE Partners with Centroid to Acquire Acuon Capital and Savings Bank
HANWHA LIFE INSURANCE(088350)is set to sign a Share Purchase Agreement (SPA) to acquire Acuon Capital. Centroid Investment, a private equity fund (PEF) manager in which HANWHA LIFE INSURANCE made an e…
Business·Industry
LG Corp. Signs Supply Agreement with Canada’s Eneon… Expanding Its ESS Presence in North America
LG Energy Solution has signed a framework agreement with Eneon, a Canadian battery energy storage system (BESS) integrator, to supply BESS systems manufactured in the United States.
LG Energy Solut…
Business·Industry
Seoul, Taiwan, Thailand, and Malaysia Expand Cooperation to Jointly Host International Conferences
MICE agencies in Seoul, Taiwan, Thailand, and Malaysia are expanding their cooperation to attract and host international conferences. This involves sharing information on attracting international conf…
Macroeconomics
"Even though the benchmark interest rate was raised in August"... Why Have Savings and Time Deposit Rates Fallen?
Last month, while commercial banks’ lending rates continued to rise, interest rates on time deposits and savings accounts began to fall, causing the spread between deposit and lending rates to widen a…
Monetary Policy
“Save 500,000 won a month to reach 22.55 million won”…Part-time workers and military personnel can also enroll
Applications for the second round of the “Youth Future Savings Account,” which allows young people to save up to 22.55 million won, are now open. Since military service time is excluded from age calcu…