ECONOMY

Fake Social Media Accounts Impersonating South Korean Financial Leaders Raise Fraud Concerns

Social media accounts impersonating major figures in South Korea’s financial sector, including Shinhan Financial Group Chairman Jin Ok-dong, Mirae Asset Group Chairman Park Hyeon-joo and Bank of Korea Gov. Rhee Chang-yong, have appeared one after ano

Bitcoin Surges Past 87,000: USD What This Means for Asian Investors

Bitcoin has surged past 87,000 USD for the first time in about eight months. The virtual asset market's sharp rebound has led to a simultaneous jump in stock prices of related companies, including Strategy (formerly MicroStrategy) and Bitmain.As of 9

Ferrari Luce: The First All-Electric Ferrari Featuring Samsung's OLED Technology

Ferrari has claimed a prime spot in the lobby of Samsung Display's headquarters. This exclusive showcase highlights Samsung Display's organic light-emitting diode (OLED) panels, which are featured in Ferrari's groundbreaking all-electric vehicle, the

LG Partners with Microsoft and Nvidia: What This Means for AI Data Centers in 2026

LG is ramping up its efforts to build an artificial intelligence (AI) ecosystem in collaboration with major global tech giants. The company has forged a strategic partnership with Microsoft, encompassing a broad range of AI initiatives from AI data c

Revolutionary Battery Technology: How g-C₃N₄ Enhances Lithium-Ion Movement for High-Energy Density EVs

Researchers have developed an innovative battery electrode technology that significantly enhances lithium-ion mobility and output performance in thicker electrodes designed for high-capacity batteries.On Tuesday, the Korea Research Institute of Chemi

Coway vs. Traditional Mobility Aids: Why the New Wearable Robot is a Game Changer for Seniors

Coway has unveiled its innovative Walking Assistance Wearable Robot, a cutting-edge device designed to enhance mobility for seniors.The company has opened pre-launch consultations ahead of the product's official release in October. This groundbreakin

Zcash Soars to 9th Place: Why Can't You Trade It in Korea?

Zcash (ZEC), a prominent privacy coin, has recently experienced a sharp surge, breaking into the top 10 cryptocurrencies by market capitalization. However, it remains unavailable for trading on South Korean exchanges. Privacy coins are digital assets

SK Hynix Joins Major U.S. Semiconductor ETF: What This Means for Investors in 2026

SK Hynix's American Depositary Receipts (ADRs) have been added to a major U.S. semiconductor exchanged traded fund (ETF), sparking interest in the widening price gap between SK Hynix's domestic shares and its ADRs, which has reached a striking 40%.In

Samsung Engineering Partners with Kairos Power for Next-Gen SMR Development in the U.S.

Samsung C&T is joining forces with Kairos Power, a U.S. developer of next-generation small modular reactors (SMRs). This partnership expands their SMR portfolio from European light water reactors to include American advanced non-light water reactors.

AI Investment Surge: How Samsung and SK Hynix Stocks Are Thriving Amid U.S. Treasury Rate Drop

Semiconductor stocks are showing strength in pre-market trading, buoyed by expectations of increased artificial intelligence (AI) investment and falling U.S. Treasury yields.NextTrade reports that as of 8:11 a.m. (KST) on Tuesday, Samsung Electronics