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Articles by Lee Su-min
Korea seeks developed-market status in Bloomberg bond index
South Korea is seeking developed-market status in Bloomberg’s bond index, a move expected to attract more foreign investment into its government bonds. The Ministry of Economy and Finance said Wednesday that it is in talks with Bloomberg ahead of the index provider’s regular country classification review early next year. Bloomberg began including Korean government bonds in its Global Aggregate Index in 2002, but continues to classify the country as an emerging market.
Samsung fined 20 bn won over misleading Galaxy performance ads
South Korea’s antitrust regulator has decided to impose a fine of more than 20 billion won ($15.1 million) on Samsung Electronics for allegedly misleading consumers by promoting the gaming performance of its Galaxy smartphones and tablets without disclosing that their processing power could be restricted when running demanding games.
After the press conference by President Lee Jae Myung, “positive assessment of state governance” edges up to 39.1% ··· Democratic Party support again surpasses People Power Party
A combined analysis of polling results from multiple organizations indicates that approval of President Lee Jae Myung regarding state governance rose slightly after the press conference on the 18th. In party support as well, the Democratic Party again overtook the People Power Party.
People Power Party leads the Democratic Party for the first time in three months···Positive rating for President Lee Jae Myung at ‘37.9%’ slips slightly
An aggregate analysis of results from multiple polling organizations indicates that support for the Democratic Party, which had been ahead since the 6·3 local elections, has fallen below the People Power Party again.
Presidential job approval falls into the 30% range for the first time… Democratic Party and People Power Party support also converge
An aggregation and analysis of results from multiple polling organizations shows that President Lee Jae Myung’s approval of governance has fallen below 40% for the first time since taking office.
For the first time, ‘negative’ has overtaken ‘positive’ in evaluations of the management of state affairs under President Lee Jae Myung
‘Kyunghyang’ poll, an estimate compiled from 500 survey results… 48.7% vs.
Maeil Business Newspaper Korea's No. 1 Economic Media
AI company Z.AI begins operations for next-generation model China plans to invest 437 trillion won in AI data centers over five years A data center in Inner Mongolia Autonomous Region, China. <Xinhua-Yonhap News Agency> Chinese artificial intelligence company Z.AI, formerly known as Zhipu AI, has completed a massive data center built entirely with Chinese-made semiconductors.
Cover it with ‘*’ and delete whole entries··· No-bid contracts benefiting council members run rampant under blackout-style coordination by local governments
Some do not disclose counterparties at all, or partially mask them with ‘asterisks’ Disclosure and management of council members’ concurrent posts vary widely Some attempts at reform, such as limits on no-bid contract number·amount Disclosure must be expanded and a monitoring system put in place It is already known from media reports that during the 8th term of local autonomous councils, when Woo Chung-mu served as a Yeongju City council member, Company A, in which his spouse held shares,...
Maeil Business Newspaper Korea's No. 1 Economic Media
Results Achieved Four Months After Commercial Approval U.S. Neuralink Still Not Commercialized Bio-AI Neuralink Connecting the Human Brain and Computer. [Yonhap News] China has become the first in the world to successfully implant a commercial brain-computer interface device(BCI, Brain-Computer Interface)into a patient's brain.
Maeil Business Newspaper Korea's No. 1 Economic Media
80% of the decline came from red wine grapes Lower demand pushes grape prices down 6% A worker harvests Pinot Noir grapes for sparkling wine at a vineyard in Jura, eastern France. The photo is unrelated to the article. [AFP-Yonhap News] Australia, one of the world's major wine producers, is expected to see its wine grape harvest fall to the lowest level in 25 years this year. The decline reflects weak wine demand and severe weather.
Maeil Business Newspaper Korea's No. 1 Economic Media
State-backed life insurer leads joint fund launch Investment deployed for two years, then capital recovered over six years “Long-term capital is crucial for fostering the semiconductor industry” As Chinese authorities emphasize the development of “patient capital,” companies backed by the central and local governments are launching semiconductor investment funds one after another.
Maeil Business Newspaper Korea's No. 1 Economic Media
Salaries surge in semiconductors, advanced manufacturing and energy Traditional high-paying majors such as software decline China's carbon-neutral policy also boosts green sectors Inside TSMC's semiconductor manufacturing plant in Taiwan. <Photo=TSMC> In China's job market, the value of so-called "hard tech" majors such as semiconductors and smart manufacturing is rising rapidly.
Maeil Business Newspaper Korea's No. 1 Economic Media
Up 378% in June; up 114% in Belgium Chinese air conditioners sell out of local warehouse stock in Germany People cool off at a fountain in front of Berlin Cathedral in Berlin, Germany, on the 28th local time. [Reuters/Yonhap News Agency] Sales of Chinese cooling appliances are surging as a record heat wave sweeps across Europe. On Alibaba Group's overseas platforms, sales of air conditioners and fans have posted triple-digit growth.
Maeil Business Newspaper Korea's No. 1 Economic Media
Tsinghua University and Chinese hiring platform report Middle management collapse and sharp drop in entry-level hiring "Shift to flexible project-based employment Humans should focus on goal setting and strategy" Research findings have shown that artificial intelligence (AI) is weakening middle management in companies and reshaping employment into a model where humans and AI work together.
Maeil Business Newspaper Korea's No. 1 Economic Media
Engineer older brother and MBA younger brother founded Himax in 2001 Supplied Ferrari and Porsche, among others... 40% global market share Bold early investment pays off... now pushing into smart glasses Himax Technologies, a display semiconductor company headquartered in Tainan, Taiwan. [Himax] Brothers who made a big bet on automotive display semiconductors more than 20 years ago have joined the billionaire ranks.
Maeil Business Newspaper Korea's No. 1 Economic Media
Gasoline and diesel prices raised four times after the war India EV sales jumped 65% in Q1 from a year earlier Mahindra Group and Tata Motors review production expansion Charging infrastructure remains scarce... only one station for every 235 EVs An electric vehicle is parked at a Tata EV charging station in Mumbai, India. [Reuters Yonhap News Agency] Demand for electric vehicles in India is rising rapidly as the oil price surge and energy shock triggered by the Iran war ripple through the market.
Maeil Business Newspaper Korea's No. 1 Economic Media
For corporate clients... used for customer service at event venues Last month, it was also deployed to transport airline baggage GMO Group's Unitree Robotics humanoid G1, which is currently available through a rental service in Japan. [GMO] Japanese IT giant GMO Internet Group will begin full-scale sales of humanoid robots made by Chinese robotics company Unitree Robotics in Japan.
Maeil Business Newspaper Korea's No. 1 Economic Media
French department store Le BHV Marais ends partnership with SHEIN "An insult to French fashion" ... protests were held on opening day Department store calls it a "strategic mistake" ... Paris mayor says it is "good news" Clothes from Chinese fast-fashion brand SHEIN on display at Le BHV Marais in Paris, France. [AP Yonhap] Chinese ultra-low-cost fashion platform SHEIN is set to withdraw from its offline store in Paris amid strong local backlash in France.
Maeil Business Newspaper Korea's No. 1 Economic Media
Advancing to the manned transportation stage "Commercial operations expected to ramp up in about two years" EH216-S on a test flight. [South China Morning Post (SCMP)·Yonhap News Agency] As the Chinese government promotes the low-altitude economy as a key industry, the flying car, or eVTOL, sector is growing rapidly.
Maeil Business Newspaper Korea's No. 1 Economic Media
"It is foolish to see China as an ally" He also expressed concerns about China's legal system Trump Jr. [Yonhap News Agency] Donald Trump Jr., the eldest son of U.S. President Donald Trump, warned against investing in China at an investor event in Zurich, Switzerland. His remarks stood in contrast to the Trump administration's recent push to improve trade relations between the U.S. and China.
Maeil Business Newspaper Korea's No. 1 Economic Media
Appointed Pulte as acting DNI director Controversy over lack of information and security experience 20th National Defense Ministry convicted of rioting in parliament In charge of irregular warfare and counterterrorism Bill Fulte. [UPI = Yonhap News] U.S. President Donald Trump has nominated Federal Housing and Finance Commissioner Bill Fulte as acting director of the vacant Office of National Intelligence (DNI), which is controversial.
Maeil Business Newspaper Korea's No. 1 Economic Media
China's first domestic humanoid unveiled; it judges situations and carries out tasks on its own, building real-world data to improve on-site responsiveness. "We will cut the price by more than half by 2027." A demonstration video shows China's first general-purpose home humanoid, SeeLight S1, slicing tomatoes and placing them in a bowl. [GigaAI] Chinese robot companies are moving beyond factory production lines and entering the home chores market in earnest.
How much do you know about BTS?
How much do you know about BTS? The group BTS will hold the comeback show ‘ARIRANG(Arirang)’ at Gwanghwamun on the 21st. For weeks, a mix of anticipation and tension has hung over the area. Dive, the Kyunghyang Shinmun data journalism team, has created a quiz about the path BTS has taken, a group that has set unprecedented records in the history of Korean popular culture. If you open the interactive story below, you can try putting the major events in BTS history in the correct order.
Coupang backlash grows as critics call compensation plan promotional
Public anger toward Coupang continues to mount despite the South Korean e-commerce giant unveiling a customer compensation package worth more than 1 trillion won ($700 million) in total, following a personal data breach and ahead of a National Assembly hearing. On Monday, interim Chief Executive Harold Rogers announced a customer compensation plan totaling 1.68 trillion won, pledging that Coupang would use the incident as an opportunity to recommit to customer-centric values and restore trust.
Korean police to develop AI drone patrol car
The South Korean police have launched development of a next-generation patrol vehicle that integrates drone and artificial intelligence (AI) technologies. The Korean National Police Agency (KNPA) announced on Tuesday that it has produced a prototype of the E-Patrol Car, a drone-equipped vehicle that combines the latest technologies such as an onboard drone station and AI cameras with an eco-friendly box-type car design.
The Power of Fun: How Brain Engineering is Changing Mental Health Treatment
Medical Technology CEO Develops Groundbreaking Brain Engineering to Improve Mental Health In a recent lecture at Hanyang University, CEO Lee Ki-won, the mastermind behind YBrain’s cutting-edge medical technology, shed light on the crucial role our brain plays in our overall well-being. Lee’s firm, YBrain, has developed the world’s first electronic medication for depression, catering to the approximately 9 million individuals suffering from depression and anxiety disorders in Korean society.
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