From Narrative to Realized Growth: Under the AIDC Wave, Weichai Power’s Data Center Generator Sales in the First Half of 2026 Surpass Full-Year Sales of Last Year

Beauty of Joseon, Korean beauty brand known for its traditional ingredients and modern skin care, has expanded to 1,263 Boots stores across Britain, marking one of the largest retail footprints for a Korean beauty brand in Europe. The brand, owned by Goodai Global, entered Boots in June 2024 and has since expanded rapidly across the British health and beauty retailer’s network, according to a company announcement Friday. Beauty of Joseon also operates dedicated brand displays in 100 Boots stores, the largest such presence among Korean beauty brands at the retailer. The expansion comes as the brand continues to rank among Boots’ top-selling Korean beauty brands, reflecting growing demand for K-beauty products in physical retail stores beyond online channels. In April, Beauty of Joseon held the first solo pop-up by a Korean beauty brand at Boots, at the retailer’s store in Westfield Stratford in London. During the pop-up month, Beauty of Joseon ranked fifth among about 200 skin care brands sold at Boots and first among roughly 20 Korean beauty brands, according to company data. It also

Bereaved family members of industrial accident victims at Coupang on Friday denounced the results of a labor inspection into the online retailer, accusing the labor ministry of giving the company a "free pass." After an inspection of the company, the labor ministry said Thursday it decided not to recommend a criminal investigation into cover-up allegations surrounding the death of a Coupang logistics worker in 2020. The worker died of acute myocardial infarction following an overnight shift, raising suspicions of overwork. While the probe found that Coupang founder Kim Bom-suk had made orders not to keep records indicating the employee had worked hard, the ministry said the statute of limitations for the case had already passed. "(We) denounce the labor ministry for giving Coupang a free pass without a proper investigation," the family members said in a press statement. The bereaved family members said they have requested the state auditor to launch an inspection into the ministry, arguing the government's failure to properly investigate the Coupang case led to the expiry of the statute o

Korean shipbuilding giant HD Hyundai Co. said Friday it will establish a joint venture with U.S. engineering and construction company Kiewit to build a new shipyard in the United States. HD Hyundai and Kiewit signed an agreement in Houston on Thursday (local time) to establish the joint venture, tentatively named HD-Kiewit Shipbuilding LLC. The joint venture plans to begin construction of the shipyard next year, with full-scale operations targeted for 2029. Under the partnership, HD Hyundai will provide shipbuilding technology and production expertise, while Kiewit will leverage its engineering and construction capabilities to support the development of the facility. HD Hyundai said the project is significant as it involves building a new shipyard rather than upgrading an existing facility, a move expected to help expand U.S. shipbuilding capacity and strengthen domestic supply chains. The joint venture will explore business opportunities in U.S. Navy logistics support vessels and commercial ships, while also considering the production and supply of ship blocks and modules to U.S. shipyar

Potential government regulatory scrutiny may have been the main factor behind SK hynix’s decision to halt plans for a U.S. listing of its subsidiary Solidigm, according to industry sources Friday. Earlier in the day, SK hynix announced that its U.S.-based NAND flash memory subsidiary will halt its review of potential pre-initial public offering (IPO) fundraising and IPO options, citing volatile capital markets and recent trends in semiconductor stock prices, the chip giant said Friday. “Even though SK hynix cited market conditions, the government’s warnings may have played a greater role in the decision,” an industry source said. After reports emerged in August that Solidigm was considering a U.S. IPO as early as next year, potentially valuing the company at up to $150 billion, concerns arose that the listing could undermine SK hynix’s shareholder value. Since then, SK hynix has repeatedly responded to reports of a possible U.S. listing by saying that no decision had been made. However, amid mounting controversy over Solidigm’s potential dual listing, financial authorities war

The delinquency ratio on loans extended by banks rose for the second consecutive month in August, data showed Friday. The delinquency numbers on banks' won-denominated loans stood at 0.69 percent as of end-August, up 0.06 percentage point from a month earlier, according to the data from the Financial Supervisory Service (FSS). The amount of newly overdue loans came to 3 trillion won ($2.26 billion) in August, down 0.2 trillion won from the previous month. The amount of write-offs of such loans, on the other hand, came in at 1.5 trillion won, up 0.1 trillion won over the cited period, according to the FSS. The delinquency ratio for corporate loans stood at 0.86 percent as of end-August, up 0.08 percentage point from a month earlier, and the ratio for household loans rose 0.03 percentage point to 0.45 percent over the same period.

Republican lawmakers alarmed over Ukraine’s loss of access to a Starshield, a critical battlefield tool, are pushing for more congressional oversight on what some view as Elon Musk’s “space monopoly,” fearing that Musk will have too much power over future national security operations. Sen. Kevin Cramer (R-N.D.), a member of the Senate Armed Services Committee,...

A fight over who can regulate prediction markets and whether they constitute gambling is creating strange bedfellows, as the two sides dig in for a protracted legal battle with millions of dollars at stake. The commercial gaming industry finds itself aligned with tribal gaming and unions, as they argue states and tribes should be able...

For a Singapore or Jakarta SaaS founder who has already sweated through GDPR paperwork to land a European client, Japan can look like a box already ticked. Strong privacy law, a mature regulator, a long history with data protection. Surely the European playbook will do? It won’t. Japan’s Act on the Protection of Personal Information […] The post Japan’s privacy law isn’t GDPR, and that’s where foreign SaaS founders keep tripping appeared first on e27.

MANILA, Philippines – As demand for AI infrastructure puts pressure on memory-chip supplies, affordable smartphones are becoming a necessity as prices on new devices face mounting cost pressures worldwide. With more everyday activities moving online, rising smartphone costs could make it harder for some Filipinos to access digital services. A mobile-first Philippines A July 2026

This article was first published by The Korea Times in a partnership with the South China Morning Post. Chinese humanoid robot makers are accelerating efforts to gain a foothold in South Korea, moving beyond dance performances and showroom displays to factory trials and commercial deployments, as Seoul ramps up investment in physical artificial intelligence. A growing number of Chinese robotics companies – including Hong Kong-listed UBTech Robotics, start-up Anyverse Dynamics, Shanghai-based...

MANILA, Philippines – Bioware is shutting down. Bloomberg broke the story with a report that parent company Electronic Arts would be cutting around 400 jobs, about three percent of the company’s staff, including the roughly 50 people who remain at the Canadian studio. A fifth Mass Effect game was in reportedly in development, but is

In half a day, most retail stores sold out of all iPhone Duo models, with scalpers and resellers approaching buyers as they left with their new devices.