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E-Mart’s long-running bet on the U.S. grocery market is beginning to show tangible returns, as New Seasons Market—the
South Korean entertainment stocks climbed after HYBE disclosed plans for a large-scale global tour by K-pop group BTS,
South Korea has moved to tighten the definition of “sovereign” artificial intelligence as it accelerates a state-backed effort
Lotte Group, one of South Korea’s largest conglomerates, is signaling a strategic pivot away from sales-driven expansion as
Photo=Transport Topics The South Korean firm’s 34th-place ranking highlights a strategic pivot toward integrated services, even as the industry giants pull further ahead with scale and vertical integration. In a global freight industry increasingly defined by colossal scale and vertical integration, South Korea’s CJ Logistics has carved out a notable position, ranking 34th in a closely watched list of the
Photo=Motionelements Record-high leverage concentrated in fewer hands raises risks for domestic demand and complicates policymakers’ efforts to curb financial instability without triggering a sharper slowdown. South Korea’s households are carrying a heavier debt burden than ever, with the average loan balance per borrower surpassing 97 million won (about $72,000), according to newly released data. The milestone underscores a precarious rise
Photo=Motionelements Gold has overtaken U.S. Treasurys to become the world’s largest reserve asset held by central banks, marking the first time in nearly three decades that bullion has claimed the top position. The shift reflects a combination of surging gold prices, growing skepticism toward U.S. government debt and accelerating de-dollarization trends. According to the World Gold Council, the total value
Aerial view industrial of opencast mining quarry with lots of machinery at work - view from above. Extraction of lime, chalk, calx, caol Gold and silver mining companies raised more than $6.2 billion in equity financing last year, marking the highest annual total in more than a decade, as rising metal prices reopened capital markets—particularly for smaller producers seeking to
Photo=Hanwha South Korea’s Hanwha Group has partnered with U.S.-based artificial intelligence company HavocAI to jointly develop autonomous surface vessels, aiming to supply the U.S. Navy from an American shipyard as Washington accelerates investment in unmanned maritime systems. Hanwha Defense USA, the U.S. arm of Hanwha Aerospace, said it has signed a memorandum of understanding with Hanwha Systems and HavocAI to
