ECONOMY

High Exchange Rate New Normal’ Brings Short-Term Boost to Auto Industry…Hyundai Offsets Some U.S. Tariffs

The dollar-to-won exchange rate continues to soar in the upper 1,400 KRW (about 1.05 USD) range, creating a mix of optimism and concern within the automotive industry. While companies anticipate improved profitability due to the high exchange rate, t

SPACEX VS. PYONGYANG: Why South Korea's Private Rocket Race Is Really A Desperate Military Push

Starting on November 23, a series of rockets developed by Korean space startups and major corporations will launch in South Korea. This marks a shift from government-led space development to a performance test of privately-led launch vehicles.Industr

THE $5 DEATH TRAP: Your Cheap Temu Hair Dryer Failed Safety Tests—Don't Risk A House Fire!

A recent investigation has uncovered that certain products purchased through direct online shopping, including hair dryers and fans from popular platforms like Temu and AliExpress, fail to meet U.S. radio frequency standards.On Tuesday, the Ministry

THE AI DEBACLE: Did Trump's 'Elon Musk Mistake' Hand China The Keys To Tech Superpower Status?

The Chinese AI startup Moonshot AI recently unveiled its open-source inference LLM model, Kimi-K2-Thinking, intensifying the AI performance race in a way reminiscent of this year's earlier DeepSick breakthrough.Industry sources reported on Thursday t

Samsung Galaxy S26 Takes Shape: New Camera Island and Finalized AP

Samsung Electronics is gradually unveiling details of its Galaxy S26 series, slated for release in 2026. Leaked renderings of the Galaxy S26 Plus model have surfaced, and the choice of mobile processor (AP) appears to be nearing finalization. On Thur

Startup Venture Campus Nesting in Silicon Valley: “All Set and Ready”

The Ministry of small and medium-sized enterprises (SMEs) and Startups is in the final stages of preparing to launch its Startup & Venture Campus (SVC) in Silicon Valley. Organizations under the ministry that will be housed at the SVC are focusing on

China Prioritizes AI Chip Allocation Amid Deepening Semiconductor Shortage

Reports have emerged that the Chinese government is intervening in the distribution of artificial intelligence (AI) chips as the shortage of AI semiconductors in China intensifies due to U.S. export restrictions. The Wall Street Journal (WSJ), citing

Mysterious DIVIDEND: Trump’s $2,000 Pledge Sparks Market Rally, Leaves ‘Rich’ Undefined

President Donald Trump's announcement to distribute 2,000 USD to every American from tariff revenues has sparked a rally in the U.S. capital markets, with cryptocurrencies surging across the board. On November 9, Trump declared he could use tariff in

THE CEO CRIES FOUL: NVIDIA's Jensen Huang Says US Is SO BLIND To China's 'Free Electricity' AI Advantage

Jensen Huang, the Chief Executive Officer (CEO) of Nvidia, cautioned that China could outpace the U.S. in the artificial intelligence (AI) race, citing China's advantages in energy costs and regulatory efficiency.Huang highlighted China's focus on th

TRUST ME, Bro: LG Energy Solves Battery Degradation With AI—Right Before They Charge You Double For The Service

LG Energy Solution announced on Thursday that its Better.Re (Battery) Solution clinched an innovation award in the advanced mobility category at Consumer Electronics Show (CES) 2026. This groundbreaking achievement marks the first time a battery comp