Homeplus' recovery falters as sales slump, buyer search stalls

Homeplus' recovery falters as sales slump, buyer search stalls

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DaouKiwoom-CJ consortium picked as preferred bidder for debt-laden JoongAng Ilbo

DaouKiwoom-CJ consortium picked as preferred bidder for debt-laden JoongAng Ilbo

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Academics explore how entrepreneurs can navigate AI disruption at Jinju forum

Academics explore how entrepreneurs can navigate AI disruption at Jinju forum

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RECENT NEWS
Musinsa, Sono International face IPO uncertainty amid market volatility
Oct 20, 2026

Musinsa, Sono International face IPO uncertainty amid market volatility

Recent volatility in Korea’s stock market is adding uncertainty to the listing plans of companies like Musinsa, as a prolonged downturn could weigh on their valuations and dampen demand for new shares...

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Can North Jeolla Province become Korea's 3rd financial hub?
Oct 20, 2026

Can North Jeolla Province become Korea's 3rd financial hub?

North Jeolla Province is betting on the National Pension Service (NPS), which manages 1.6 quadrillion won ($1.2 trillion) in assets, to help transform the region into Korea's third financial hub. But ...

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Hyundai Motor, Kia to launch Level 4 autonomous truck trials
Oct 20, 2026

Hyundai Motor, Kia to launch Level 4 autonomous truck trials

Hyundai Motor and Kia will test Level 4 autonomous heavy-duty trucks on real-world logistics routes next year, working with domestic self-driving software companies to develop technology for commercia...

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Foreign nationals make up 0.7% of Korea's research workforce, visa hurdles persist
Oct 20, 2026

Foreign nationals make up 0.7% of Korea's research workforce, visa hurdles persist

Foreign experts accounted for less than 1 percent of research personnel at Korean companies, a report showed Tuesday, with companies identifying visa and related administrative issues as the biggest o...

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Korea, Czech Republic review progress in joint nuclear energy project
Oct 20, 2026

Korea, Czech Republic review progress in joint nuclear energy project

Korea and the Czech Republic have reviewed progress in their joint nuclear energy project and discussed ways to bolster bilateral cooperation in the sector, the industry ministry said Tuesday. The vir...

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Lending services for foreign nationals becomes next battleground for banks
Oct 20, 2026

Lending services for foreign nationals becomes next battleground for banks

Korean banks are expanding lending services to foreign residents as they seek to tap a growing customer base beyond traditional services such as bank accounts and overseas remittances, industry offici...

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Hanwha Life expands youth financial education program to Indonesia
Oct 20, 2026

Hanwha Life expands youth financial education program to Indonesia

Hanwha Life Insurance is expanding its financial education initiatives to Indonesia, aimed at helping teenagers build financial literacy in an increasingly digital landscape, the insurer said Tuesday....

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Coway offers tailored mattress options for different sleeping habits
Oct 20, 2026

Coway offers tailored mattress options for different sleeping habits

Coway is promoting three mattresses under its BEREX brand to meet diverse sleeping preferences, offering options for people with different sleeping postures and couples who prefer different levels of ...

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Microsoft-IITP program helps Korean AI talents tap into global research resources
Oct 20, 2026

Microsoft-IITP program helps Korean AI talents tap into global research resources

Budding artificial intelligence (AI) researchers presented the results of their work during an internship program jointly organized by Microsoft Research and the Institute of Information & Communicati...

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Mercedes-Benz Korea turns to affordable CLA EV amid falling sales
Oct 20, 2026

Mercedes-Benz Korea turns to affordable CLA EV amid falling sales

Mercedes-Benz Korea is betting that a more affordable all-electric CLA sedan will revive its flagging electric vehicle (EV) business in the country, as Tesla and Chinese rivals gain ground in one of A...

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LIG D&A, Doosan Enerbility team up to develop missile, aircraft engines
Oct 20, 2026

LIG D&A, Doosan Enerbility team up to develop missile, aircraft engines

LIG Defense & Aerospace (LIG D&A) and Doosan Enerbility have agreed to jointly develop engines for guided missiles and aircraft, combining the defense firm’s missile expertise with the power equipment...

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HD KSOE wins $1.4 bil. order from HMM for 8 container ships
Oct 20, 2026

HD KSOE wins $1.4 bil. order from HMM for 8 container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) said Tuesday it has secured a 1.91 trillion-won ($1.44 billion) order from South Korean shipping company HMM to build eight liquefied natural gas...

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Innocean's overseas units win 7 honors at US, Middle East ad awards
Oct 20, 2026

Innocean's overseas units win 7 honors at US, Middle East ad awards

Innocean, the advertising affiliate of Hyundai Motor Group, said Tuesday its overseas units have won seven honors at advertising awards in the United States and the Middle East. Innocean USA received ...

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Hankook Tire extends Ballon d'Or partnership for 3rd straight year
Oct 20, 2026

Hankook Tire extends Ballon d'Or partnership for 3rd straight year

Hankook Tire is extending its presence in global football as it returns for a third consecutive year as an official sponsor of the Ballon d’Or, with this year’s ceremony marking the award’s 70th anniv...

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CJ ONE expands membership perks to public transit with new partnership
Oct 20, 2026

CJ ONE expands membership perks to public transit with new partnership

CJ ONE is bringing its rewards program onto public transit, joining forces with mobility fintech company E-Dreams to connect travel, shopping and dining through a single membership platform for Korean...

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Samsung Bioepis secures 10-year exclusive drug supply deal in Brazil
Oct 20, 2026

Samsung Bioepis secures 10-year exclusive drug supply deal in Brazil

Samsung Bioepis has secured a decade-long exclusive supply deal for a rare disease treatment in Brazil, strengthening its position in Latin America’s largest pharmaceutical market while opening a new ...

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GS Global invests in carbon credit firm to expand trading business
Oct 20, 2026

GS Global invests in carbon credit firm to expand trading business

GS Global is expanding into carbon credit trading through an equity investment in Hooxi Partners, a Korean carbon credit specialist, seeking to monetize emissions reductions from its existing eco-frie...

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K-beauty expo to open this week in Cheongju
Oct 20, 2026

K-beauty expo to open this week in Cheongju

North Chungcheong Province said Tuesday it will hold its annual cosmetics and beauty expo in Cheongju to help Korean companies expand exports of cosmetics and other beauty products. The Cosmetics & Be...

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Hyundai Motor, Kia to test Level 4 autonomous trucks
Oct 20, 2026

Hyundai Motor, Kia to test Level 4 autonomous trucks

Hyundai Motor and its sister company Kia said Tuesday they will conduct test operations of Level 4 autonomous trucks as part of an ongoing effort to advance self-driving technology and pave the way fo...

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China creates state-owned firm in Xiongan to develop nation’s AI data resources
Oct 20, 2026

China creates state-owned firm in Xiongan to develop nation’s AI data resources

China has set up a new state-owned enterprise dedicated to managing the country’s massive data resources, a significant move designed to turbocharge the nation’s artificial intelligence industry and b...

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GoTo’s 27B model speaks Batak, but the real test is who can afford to run it
Oct 20, 2026

GoTo’s 27B model speaks Batak, but the real test is who can afford to run it

For most of the generative AI boom, someone in North Sumatra typing a question in Batak Toba has been talking to a machine that, at best, half understands them. GoTo Group says it wants to change that...

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Ecosystem Roundup: Betagro buys control of Freshket as Thai corporates close in
Oct 20, 2026

Ecosystem Roundup: Betagro buys control of Freshket as Thai corporates close in

Betagro has taken majority control of Freshket, the Bangkok platform that supplies ingredients to hotels, restaurants and caterers, through its venture arm Betagro Ventures. Neither side disclosed the...

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What 9 Tokyo Deep Tech Startups Learned About Southeast Asia’s Appetite for Japanese Innovation
Oct 20, 2026

What 9 Tokyo Deep Tech Startups Learned About Southeast Asia’s Appetite for Japanese Innovation

On 14 October 2026, e27 hosted Borderless Innovation: X-HUB Tokyo-Singapore Demo Day 2026 with X-HUB TOKYO, the Tokyo Metropolitan Government’s global startup accelerator, run by Deloitte Tohmatsu. Th...

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Banks want AI agents to move money, as long as someone is accountable
Oct 20, 2026

Banks want AI agents to move money, as long as someone is accountable

The pitch for agentic payments usually goes like this: software that negotiates, pays, reconciles and optimises cash while the finance team sleeps. A new report from UOB Global Economics & Markets Res...

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PSA: Don’t forget to stack your OPPO Find X10 series S$100 deposit with your pre-order bonuses
Oct 20, 2026

PSA: Don’t forget to stack your OPPO Find X10 series S$100 deposit with your pre-order bonuses

The OPPO Find X10 series is slated to start delivering on 26 October 2026, and there’s many ways you can stack the launch promotions....

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Can Bitcoin hold the US$80,615 support line, or is a brutal liquidation cascade inevitable?
Oct 20, 2026

Can Bitcoin hold the US$80,615 support line, or is a brutal liquidation cascade inevitable?

Bitcoin dropped 0.81 per cent to US$81,556.51 over the last 24 hours. This slight stumble against a flat broader market signals deep macroeconomic friction. I see this price action through the lens of...

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HSBC says AI will create jobs. Southeast Asia should read the fine print first
Oct 20, 2026

HSBC says AI will create jobs. Southeast Asia should read the fine print first

The most revealing thing about HSBC’s latest survey of the world’s entrepreneurs isn’t the headline number. It’s who is spending it. On the surface, the Global Entrepreneurial Wealth Report 2026 reads...

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The consumer is still human. The gatekeeper isn’t
Oct 20, 2026

The consumer is still human. The gatekeeper isn’t

For most of my career in marketing, the basic equation was simple: Brands compete for consumers’ attention. We built campaigns to reach people, influence them, persuade them and ultimately get them to...

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Betagro takes majority stake in Freshket as Thai corporates tighten grip on startups
Oct 20, 2026

Betagro takes majority stake in Freshket as Thai corporates tighten grip on startups

Betagro has stopped watching from the sidelines. Four years after its family holding company took a slice of Freshket’s Series B, the Thai integrated food giant has taken majority control of the Bangk...

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The iPhone Duo’s main display costs S$1,549 to repair, but that isn’t even the most expensive thing to fix
Oct 20, 2026

The iPhone Duo’s main display costs S$1,549 to repair, but that isn’t even the most expensive thing to fix

If you are getting an iPhone Duo, you best purchase it with AppleCare, because it’s one very expensive phone to repair....

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