The National Pension Fund of Korea has crossed a historical milestone by allocating more than half of its assets to stocks, underlining a strategic pivot from traditional safety toward greater profitability.According to data released on June 30, 2025, the Fund’s total assets stood at KRW 1,269.1 tri
A new generation of domestic helpers is about to enter the modern home—not just to assist with chores, but to serve as interactive companions. According to a Wall Street Journal report published on October 28 (local time), Norway-based California AI robotics firm 1X Technologies has begun accepting
Chang Yong Lee, Governor of the Bank of Korea, emphasized on Monday that simply increasing the supply of housing is insufficient to stabilize home prices, especially in Seoul. Speaking during a parliamentary inspection by the Planning and Finance Committee on October 20th, Lee underscored that “no m
The scale of damages caused by KT’s small payment fraud and personal data breach has expanded significantly, as a thorough investigation revealed a much larger number of affected individuals than initially reported.On the 17th, KT held a press briefing at its Gwanghwamun West Building in Seoul regar
The Supreme Court of Korea has overturned the record-setting decision of the appellate court that had ordered SK Group Chairman Chey Tae-won to pay 1.38 trillion won in marital assets to Noh So-young, director of Art Center Nabi and daughter of former President Roh Tae-woo.On the 16th, the Supreme C
As trade negotiations between South Korea and the United States reach their crucial final stage, the Korean delegation has taken a decisive step by visiting the US Office of Management and Budget (OMB) at the White House. This key visit, reported on October 16 (local time), underscores the urgency w
Police have launched an investigation into the alleged leak of LG Display technology to China, marking the latest in a series of industrial espionage cases involving Korea’s cutting-edge manufacturing sector.On October 2, the Industrial Technology Protection Investigation Unit of the Seoul Metropoli
Despite an overall rise in apartment prices across the Greater Seoul area, a growing sense of “multidimensional polarization” is splitting market participants’ experiences.On October 13, real estate agency Jiptos released an analysis of metropolitan apartment transactions in the third quarter compar
Choi Soo-jin, a member of the National Assembly's Science, ICT, Broadcasting, and Communications Committee, has pointed out that the sanction procedures for fines intended for Google and Apple have been stalled for nearly two years.The Broadcast Media Communications Commission—successor to the Korea
Brian Kemp, Governor of Georgia, USA, is scheduled to visit South Korea this October to meet with representatives of major Korean companies.On October 1 (local time), it was reported that Governor Kemp is planning a visit to Korea in the fall, following recent incidents involving immigration raids a
Samsung Display’s Asan campus was searched by police amid allegations of technology leakage to a Chinese competitor.On October 2, sources reveal that the Industrial Technology Security Investigation Unit of the Seoul Metropolitan Police Agency conducted a raid the previous day at Samsung Display’s A
Six core members from OpenAI’s research and development team visited Samsung Electronics’ Pyeongtaek Campus, reinforcing the companies’ partnership on the “Stargate” ultra-large artificial intelligence (AI) infrastructure project.According to industry sources on October 2, a day after signing a lett
In a staggering cyber breach, approximately $21 million worth of cryptocurrency was stolen from the digital wallets of SBI Crypto, one of Japan's leading cryptocurrency mining companies. The incident, reported by Japan's prominent business daily Nikkei on October 2, suggests possible involvement of
KakaoTalk, South Korea’s leading messenger app, is set to restore its original friend list interface following a wave of user complaints over its recent update.On September 29, Kakao announced that it will return the default friend list as the landing page of the KakaoTalk friend tab, reversing chan
South Korean companies have set a new record in corporate bond issuance, crossing the 100 trillion won mark in just three quarters amid heightened economic uncertainty. Both the volume of new bonds issued and the total outstanding corporate debt have reached all-time highs as businesses rush to secu
The Korea Employers Federation (KEF) has voiced serious concerns that South Korea’s current unemployment benefits system is undermining jobseekers’ motivation to seek employment, with payouts in some cases surpassing what individuals can earn through work.On September 25, the KEF released a report e
In just two days since the launch of the second round of Korea’s consumer coupon registration, over 12.59 million people have already completed their applications.The Ministry of the Interior and Safety announced on September 24 that 27.61% of all eligible recipients had applied for the program, wit
BOSS and global icon David Beckham have officially revealed their second collaborative collection.On September 23, premium lifestyle brand HUGO BOSS announced the launch of the second "BECKHAM x BOSS Collection" for the Fall/Winter 2025 season, created in partnership with David Beckham.For this seas
Lotte Card has disclosed that a data breach compromised the personal information of approximately 2.97 million customers, following a hacking incident that resulted in some 200GB of data being stolen.On September 18, Lotte Card CEO Jo Zwajin issued a public apology at a press conference held at Buyo
Netmarble is gearing up to make a major impact at "Tokyo Game Show 2025" (TGS 2025) through strategic collaborations with its global partners. The company announced on the 17th that it will be working alongside Google, Samsung Electronics, Thirdwave, and Sony Interactive Entertainment (SIE) to offer