The Fair Trade Commission (FTC) has launched a formal review of Naver Financial’s planned acquisition of Dunamu, saying the deal could substantially restrict competition across multiple markets, including online payments and digital asset exchanges, the watchdog said Tuesday. The deal involves a comprehensive stock swap under which Naver Financial would acquire all shares of Dunamu. In return, Dunamu shareholders would receive about 2.54 shares of Naver Financial for each Dunamu share. Dunamu is the operator of the nation’s leading crypto exchange Upbit. If completed, Naver Financial would become Dunamu’s sole parent company, while Dunamu would become its wholly owned subsidiary. The proposed acquisition raises competition concerns in several relevant markets. The companies submitted proposed remedies to ease such concerns, and the FTC initiated a review of the measures proposed by the two firms. Naver Financial seeks to bring one of Korea’s largest digital asset exchanges into its financial portfolio. The watchdog is expected to hold a hearing on the case soon. Final approval, re
Read full articlePOSCO International, the energy and trading arm of POSCO Group, completed its second liquefied natural gas (LNG) terminal in Gwangyang, cementing its position as Korea's top private natural gas operator and reinforcing domestic supply lines. The company held a completion ceremony Tuesday at the Gwangyang LNG terminal, attended by about 100 people, including government officials, business representatives and executives from POSCO Group. The project cost 949.2 billion won ($700 million) and took 47 months to complete, adding two storage tanks, each with a capacity of 200,000 cubic meters, along with supporting facilities. The development also includes a berth capable of accommodating LNG carriers with capacities of up to 270,000 cubic meters and a separate bunkering berth for vessels of up to 20,000 cubic meters. With the completion of the second terminal, the combined storage capacity of POSCO International's first and second terminals has increased from 930,000 kiloliters to 1.33 million kiloliters, the largest capacity operated by a single private company in Korea. The company said the f
Shubao, the youngest giant panda at Everland, has drawn about 50,000 visitors in roughly 10 days since she first went on public view, the theme park’s operator said Tuesday. Samsung C&T’s resort division, which runs Everland in Yongin, Gyeonggi Province, said the cub began appearing at the park’s Panda World enclosure on Oct. 30. She was on view for about an hour a day in her first week. Everland has since raised that to three to four hours as she gets used to visitors. Shubao was born June 3 to mother Aibao and father Lebao. She is the fourth giant panda born in Korea, after Fubao in 2020 and twins Ruibao and Huibao in 2023. Fubao moved to China in April 2024. Crowds are also coming to see the twins before they leave for China in the third week of December. Under international conservation rules, giant pandas born outside China must move there before they turn 4, when they reach breeding age. About 100,000 people have visited the twins at their enclosure in the month or so since Everland announced their departure. The twins will start a month of quarantine on Friday, but will stay
Health care equipment maker Ceragem has won nine CES 2027 Innovation Awards for eight products on Tuesday, marking its fourth consecutive year of recognition and bringing its cumulative total to 30 awards. The company has previously won three awards in 2024, six in 2025 and 12 in 2026. This year’s awards include products designed to meet the health care needs of different age groups, from infants and young children to older adults. The eight award-winning products are: Ceragem artificial intelligence (AI) Wellness Home, Therapier AI Multi Boosting Capsule, Youridm AI Muscle Longevity System, AI Sleep Recovery Pillow, AI Pet Wellness Suite, AI Neuro Focus Office Chair, Senior Wellness Sofa with AI Adaptive Care and AI Sensor Pod & Smart Crib. Ceragem AI Wellness Home, which won an award in the AI category, uses physical AI to analyze users' biometric data and daily routines, assess their health status and automatically adjust connected home environments and health care devices to their needs. The platform brings together connected devices, health data and services to deliver personalize
LS Eco Energy, a subsidiary of LS Cable & System, said Tuesday it will begin trial production of samarium metal in December, with the goal of becoming the world's first company to mass-produce the key material for permanent magnets using non-Chinese raw materials. The move is part of the company's efforts to establish a supply chain independent of China ahead of new U.S. restrictions on rare earth materials used in defense applications. According to the company, LS Eco Energy is investing 11.6 billion won ($8 million) to build a samarium metal production facility at its subsidiary LSCV in Ho Chi Minh City, Vietnam. The company plans to begin trial production in December before moving to full-scale mass production. The facility's annual output of 240 tons of samarium metal would be sufficient to produce approximately 700 to 1,000 tons of samarium-cobalt (SmCo) permanent magnets. Samarium is a key material for SmCo permanent magnets, which retain their magnetic strength at high temperatures. SmCo magnets are used in aerospace and defense applications, including fighter jets and missiles. St
Three weeks after a stock market debut that ended flat, Mynt has handed investors the number they were told to wait for. The parent of GCash, the Philippines’s dominant e-wallet, said its third-quarter revenue hit ₱24.0 billion (about US$400 million), up 16.6 per cent year-on-year and the highest in its history. The timing matters. When […] The post GCash’s record quarter shows Mynt is now a lender that happens to run a wallet appeared first on e27.
Most AI models read Thai the way a tourist reads a Bangkok street menu: confidently, and often wrongly. Sionic AI says it has closed part of that language gap, and it is using the result to push into Southeast Asia. The Seoul-based enterprise AI company said last week it is expanding in Thailand and Singapore […] The post Sionic AI brings its Thai-reading model to SEA, with banks as the real exam appeared first on e27.
A single AI production worker produced roughly two hours of AI-assisted drama in a week. The completed project was accepted by the client. Model usage, generation and related tools accounted for roughly 60 per cent of direct production costs; my own labour made up the rest. There was no team. One AI production worker adjusted […] The post The hidden costs of running an AI video production business appeared first on e27.
The cryptocurrency sector has taken a beating that would have shattered lesser assets, and the largest digital currency is still standing. As of November 10, 2026, Bitcoin trades at approximately US$74,980.25, clinging to the US$75,000 threshold after a sharp slide that pushed it to its lowest levels since August. On the surface, the headlines scream […] The post Bitcoin is bruised, not broken: Why the crypto sector is holding its ground appeared first on e27.
For the past year, I have been using AI to write Python programs that run on an Ubuntu server. Along the way, I have had to dust off a few brain cells and relearn Linux commands I had not touched in years. There is something to be said for neuroplasticity: apparently, we can still teach […] The post Rediscovering client/server: The future of AI is distributed, not centralised appeared first on e27.
Walk the halls of the Singapore Fintech Festival this November and every bank will have an AI story. Agentic this, generative that, a shiny assistant on every stand. Here is what almost nobody on stage will say out loud: most bank AI strategies in Asia-Pacific are the 2015 strategy with a lower cost base. The […] The post Your AI strategy is your 2015 strategy, only cheaper appeared first on e27.
Ask a room of marketing leaders whether AI has transformed their function and nearly every hand goes up. Ask what their agents did on their own last week and the room goes quiet. That gap is the headline of BCG’s CMO survey this year. Of the 300 CMOs it polled, 96 per cent describe an […] The post The DEFY framework: Where agentic AI actually earns its place in the marketing funnel appeared first on e27.
For a decade, the Southeast Asian startup script barely changed. Find two or three co-founders, raise a seed round, hire a dozen people, then sprint to the next round before the money runs out. The script assumed a steady supply of early-stage capital. In 2026, that assumption looks naive. A new report from Gobi Partners, […] The post One founder, many agents: The Philippines’s answer to a vanishing Series A appeared first on e27.