Science
JB Financial expands partnerships with AI, fintech companies
Oct 29, 2026

JB Financial expands partnerships with AI, fintech companies

JB Financial Group brought together strategic partners at its annual forum to expand cooperation in artificial intelligence (AI) and fintech, the company said Thursday. The group held its second annua...

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Lotte reshuffles biz portfolio with Busan store sale to Shinsegae
Oct 29, 2026

Lotte reshuffles biz portfolio with Busan store sale to Shinsegae

Lotte Shopping, a retail affiliate of Korea's Lotte Group, said Thursday it has agreed to sell a department store in the southeastern port city of Busan to rival Shinsegae Group as part of its busines...

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Dongwon launches AI-powered tuna vessel with drone technology
Oct 29, 2026

Dongwon launches AI-powered tuna vessel with drone technology

Dongwon Industries, Korea’s leading seafood conglomerate, has deployed a state-of-the-art 2,000-ton fishing vessel equipped with artificial intelligence (AI) and aerial drones to track tuna schools an...

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Major financial groups enjoy strong Q3 earnings, but face mounting regulatory pressure
Oct 29, 2026

Major financial groups enjoy strong Q3 earnings, but face mounting regulatory pressure

Korea’s four largest financial groups — KB, Shinhan, Hana and Woori — have shown strong earnings for the third quarter of this year, posting a combined 5.76 trillion won ($4.31 billion) in net profit....

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Hyosung chairman calls for work culture overhaul on 60th anniversary
Oct 29, 2026

Hyosung chairman calls for work culture overhaul on 60th anniversary

Hyosung Group Chairman Cho Hyun-joon called for a fundamental overhaul of work practices and a more resilient corporate culture, Thursday, urging employees to remain steadfast in pursuing their goals ...

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Hanwha Aerospace swings to Q3 net loss due to delayed weapons deliveries
Oct 29, 2026

Hanwha Aerospace swings to Q3 net loss due to delayed weapons deliveries

Korean defense firm Hanwha Aerospace said Thursday it swung to a net loss in the third quarter, weighed down by delayed weapons deliveries and one-off costs. The company posted a net loss of 36.7 bill...

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KHNP, consortium fail to agree on Czech nuclear plant contract
Oct 29, 2026

KHNP, consortium fail to agree on Czech nuclear plant contract

Korea Hydro & Nuclear Power (KHNP) announced Thursday that it had ended negotiations with a consortium of Daewoo E&C and Doosan Enerbility over a construction contract for a 26 trillion won ($19.4 bil...

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Fines won't fix problem: Korea needs new playbook as AI changes hacking paradigm
Oct 29, 2026

Fines won't fix problem: Korea needs new playbook as AI changes hacking paradigm

Fines and stricter regulations are no panacea for a growing wave of suspected artificial intelligence (AI)-assisted cyberattacks targeting Korea's financial sector, a cybersecurity expert said Thursda...

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Global coffee brands to converge in Seoul for int'l cafe show
Oct 29, 2026

Global coffee brands to converge in Seoul for int'l cafe show

The 25th Seoul International Cafe Show will open Nov. 11 for a four-day run at Coex in Seoul. This year’s event aims to strengthen its position as a global coffee business platform, bringing together ...

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Mirae Asset to reenter Japan with acquisition of Sanko Securities
Oct 29, 2026

Mirae Asset to reenter Japan with acquisition of Sanko Securities

A decade after it exited the country, Mirae Asset Securities is set to reenter Japan through its acquisition of local brokerage Sanko Securities, as it looks to expand its presence in a market where r...

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