Photo=Motion Elements South Korea’s financial authorities have expressed serious concerns over the newly launched coin lending services by leading cryptocurrency exchanges Upbit and Bithumb, citing legal ambiguities and insufficient investor protections. On July 25, the Financial Services Commission (FSC) and Financial Supervisory Service (FSS) convened executives from five major crypto exchanges to discuss their coin lending plans and conveyed their

Photo=Facebook President Lee Jae-myung sharply criticized POSCO Engineering & Construction (POSCO E&C) for a series of fatal workplace accidents, signaling plans for strict economic penalties such as hefty fines and punitive damages against companies with recurring safety failures. During a Cabinet meeting at the Presidential Office in Yongsan on the 29th, President Lee called the repeated accidents “tantamount to murder

(Photo=Samsung) Samsung Electronics, South Korea’s largest and globally leading manufacturer of smartphones, semiconductors, and consumer electronics, is accelerating efforts to expand its entry-level Galaxy A smartphone lineup as part of a broader push to solidify its lead in Southeast Asia’s competitive mobile market. Several media outlets reported on July 29 that two new budget models—the Galaxy A07 and Galaxy A17

(Photo=Hyundai Motor Company) Hyundai Motor Company, a leading South Korean automaker, sold nearly 1,000 electric vehicles in Indonesia during the first half of the year, making a modest but notable showing in a market overwhelmingly dominated by Chinese brands. Several media outlets reported on July 29 that Hyundai ranked seventh in Indonesia's EV market with approximately 1,000 units sold from

Photo=POSCO International South Korea’s POSCO International is entering India’s fast-growing solar energy market through a potential partnership with local renewable energy developer Sunkind Energy, as part of a broader strategy to scale up clean energy projects across emerging markets. Executives from POSCO International recently visited Sunkind’s headquarters in Gurugram, Haryana, to explore opportunities in solar power development, according to Sunkind