With the arrival of 2025, Hong Kong is regaining popularity as a premier summer travel destination for families.A recent 11% drop in the Hong Kong dollar's exchange rate compared to the beginning of the year has significantly eased travel costs, drawing the attention of budget-savvy holidaymakers se
Shinhan Bank commemorated its 43rd anniversary on July 7 with a ceremony focused on reaffirming the founding spirit of the bank and highlighting its ongoing dedication to customer-driven innovation and social responsibility. Over 100 employees were in attendance to mark the occasion and to celebrate
According to data released by the Ministry of Agriculture, Food and Rural Affairs on July 4, South Korea’s K-Food Plus (K-Food+) exports for the first half of 2025 reached a provisional total of $6.67 billion. This marks a 7.1% increase compared to the same period last year.K-Food+ encompasses not o
The upward momentum in Seoul’s apartment sales prices slowed at the end of June, even in the Gangnam area, following the government’s announcement of the third phase of DSR (Debt Service Ratio) regulations.According to the “Apartment Price Trends for the Fifth Week of June,” released by the Korea Re
Musinsa, the fashion platform regarded as the most anticipated IPO candidate of the year, has officially kicked off its listing process, making waves across the capital market. As news spread that Musinsa had begun selecting its IPO underwriter, major domestic securities firms entered a fierce behin
In a move aimed at reining in soaring housing prices in Seoul, the South Korean government has introduced a cap on mortgage loans, restricting the maximum amount to 600 million won. While the measure is intended to cool speculative demand and promote price stability, concerns are rising among young
Amid ongoing fallout from a major ransomware attack, YES24—one of South Korea’s leading online book and ticket retailers—now faces allegations that it misled the public regarding its data recovery efforts while reportedly paying billions of won in bitcoin to cybercriminals.According to an exclusive
Woori Bank has published its 2024 ESG Report, outlining its efforts and achievements in environmental, social, and governance (ESG) management over the past year.On the 27th, Woori Bank announced the release of the “Woori Bank 2024 ESG Report,” its third annual edition since 2023. The report systema
Camco (Korea Asset Management Corporation) and IBK Industrial Bank have joined forces to provide 20 billion KRW in financing to small and medium-sized enterprises (SMEs) in the Busan, Ulsan, and Gyeongnam regions, hoping to ease local funding shortages and stimulate economic growth.The partnership a
Krafton has announced the acquisition of ADK, one of Japan’s top three comprehensive advertising agencies, in a landmark deal valued at 75 billion yen (approximately 710.3 billion KRW). The agreement, disclosed on June 24, involves the purchase of BCJ-31 Inc.—the parent company of ADK Group and an a
Hyundai Motor Company's high-performance electric vehicle, the Ioniq 5 N, has earned top marks in the United Kingdom, emerging as one of the industry's leading models.On June 25, Hyundai Motor Company announced that the Ioniq 5 N was selected as the winner in the 'Five-Star Car' category at the 2025
Shinhan Bank has taken a significant step to support the upcoming 2025 Yeongdong World Gugak Expo, a large-scale event aimed at spreading the appeal of traditional Korean music, or "gugak," to global audiences this fall.On June 24, during a donation ceremony at the Provincial Government's Open Plaza
For the first time in three and a half years, Korea’s benchmark KOSPI index has surged past the 3,000-point milestone, renewing speculation over the sustainability of the so-called ‘Lee-Jaenomics’ economic policies. While the market’s first encounter with “Samcheonpi” in early 2021 was dismissed as
Apartment prices in Seoul have surged for the 20th consecutive week, experiencing the steepest weekly rise since September 2018—during the administration of former President Moon Jae-in.According to the Korea Real Estate Board’s weekly apartment price trends for the third week of June (as of June 16
Hana Bank has taken a groundbreaking step in the Korean financial sector by introducing the nation's first physical gold trust service. On June 17, the bank signed a Memorandum of Understanding with Korea Gold Exchange Digital Asset at its Euljiro headquarters to promote the activation of physical g
The Ministry of Science and ICT announced on the 17th that eight domestic consortiums have been selected for this year’s support project to help AI and digital transformation innovators expand overseas. The initiative aims to support the global advancement of Korean AI solution providers, with pilot
Starbucks, known for its emphasis on face-to-face interaction with customers, is taking a bold step into the digital age by piloting self-service kiosks in select locations across South Korea and Japan.On May 26, Starbucks Korea announced the introduction of kiosks in around 10 high-traffic stores l
Dongkuk Steel, operator of South Korea’s largest rebar production facility, has announced a temporary halt in operations at its Incheon plant for nearly a month.According to a disclosure made on the 26th, the company will suspend all rolling and steelmaking processes at its Incheon site from July 22
Krafton is bolstering its strengths in casual games, advertising technology, and virtual content through its acquisition of Neptune. This strategy aims to diversify revenue models in the global market and expand the metaverse ecosystem.
Krafton's revenue significantly relies on the success of PUBG Mobile. For this reason, Krafton has maintained a strategic partnership with Tencent, which played a key role in PUBG Mobile’s success.
