Nine South Koreans Evacuated by Helicopter from Flooded Area in Nepal
On August 27, nine of the ten South Koreans stranded due to severe flooding in the Rasuwagadhi region of Nepal were evacuated to safety by military helicopter.According to the Ministry of Foreign Affairs, Nepalese authorities used a military helicopter to transport nine of the ten South Koreans who had been waiting for rescue.The remaining individual, the site manager from Doosan Enerbility, chose to stay behind, along with two embassy staff members, including a consular officer and an administr
Bithumb Wins First Ruling in Bitcoin Overpayment Lawsuit
가상자산 거래소 빗썸이 지난 2월 발생한 비트코인 오지급 사태와 관련해 이용자를 상대로 제기한 부당이득금 반환소송에서 잇따라 승소했다. 27일 법조계에 따르면 서울중앙지법 민사90단독 김유성 판사는 이날 빗썸이 이용자 A씨를 상대로 낸 부당이득금 반환 청구 소송에서 원고 승소로 판결했다. 소송가액은 1억9400만443원이다. 앞서 서울중앙지법은 전날 빗썸이 다른 이용자를 상대로 제기한 부당이득금 반환 청구 소송에서도 빗썸 측 손을 들어줬다. 해당 사건의 소송가액은 498만9990원이다. 이에 따라 빗썸이 비트코인 오지
ETF Investments Diverge as Won-Dollar Exchange Rate Drops to 1300s
Investor A and Investor B invested in exchange-traded funds (ETFs) tracking the S&P 500 index on August 1. A chose 'KODEX U.S. S&P 500 (H)', while B opted for 'KODEX U.S. S&P 500'. Although both products are based on the same underlying asset, their returns diverged significantly. From August 1 to August 25, A's cumulative return was +2.46%, while B's return was -8.69%. The difference in performance was attributed to the '(H)', which indicates a hedged product. As the won-dollar exchange rate f
World Lung Cancer Conference Returns to South Korea After 20 Years, Showcasing K-Drugs
An international academic conference showcasing K-drug technology will be held in South Korea. The industry anticipates that the event, marking the first time in 20 years that Seoul will host the conference, will enhance the global recognition of domestic cancer drugs and stimulate discussions on technology exports with multinational pharmaceutical companies.According to industry sources, the 2026 World Lung Cancer Conference (WCLC 2026), the largest academic event in the field of lung cancer, w
Baskin-Robbins Accelerates AI Transformation Under CEO Heo Hee-soo
SPC Baskin-Robbins is accelerating its digital transformation by utilizing artificial intelligence (AI) in product development, customer engagement, and personalized recommendation services. Under the leadership of CEO Heo Hee-soo, the company is expanding the application of AI across its product offerings and in-store experiences.According to Baskin-Robbins, the company is conducting product research and development using AI at its innovative store, 'Workshop,' which opened in February 2024. Th
Labor Disputes Escalate in Shipbuilding and Steel Industries
Labor disputes surrounding wage and collective bargaining agreements are intensifying across the shipbuilding and steel industries. In booming sectors, demands for profit-sharing are rising, while in struggling industries, calls for real wage preservation and improved working conditions are gaining momentum. With the gap between labor and management showing little sign of closing, tensions surrounding these negotiations are expected to persist.According to industry sources, the shipbuilding sect
Foreign Tourists Drive Growth in South Korea's Accommodation Market
Foreign tourists have led the growth of South Korea's accommodation market over the past three years. As demand from international visitors rises, the share of accommodations outside the capital region is also increasing. Local attractions, including K-pop concerts and professional baseball games, are significant factors driving overnight stays.On August 27, at the '2nd Current Trends in Korean Tourism Data Seminar' held at The Plaza Grand Ballroom in Jung-gu, Seoul, Lee Hyun-jung, a deputy dire
POSCO Student Volunteer Group Expands Outreach Through Science and Technology
The POSCO student volunteer group, Beyond, is expanding its outreach through educational activities that integrate science, technology, and engineering.According to POSCO, the 18th cohort of Beyond, which completed its activities earlier this year, conducted technology-based volunteer work reflecting the company's goal of enhancing advanced technological competitiveness.Since the launch of the volunteer group in June last year, they have implemented various programs over approximately eight mont
Nvidia's Record Earnings Alleviate Peak-Out Concerns, Boosting HBM Demand from Samsung and SK Hynix
Nvidia has alleviated concerns about a peak-out in AI investment by posting record earnings for the 13th consecutive quarter. As AI infrastructure investments continue, both Nvidia and major global tech companies are expanding the use of high-bandwidth memory (HBM) in their custom AI chips, leading to a surge in demand for HBM from Samsung Electronics and SK Hynix.On August 27, Nvidia reported that its revenue for the second quarter of fiscal year 2027 (May to July) reached $96.22 billion, a 106
Hyundai's SHUCLE to Launch Robo-Taxi Service in Seoul with KakaoT Partnership
Hyundai Motor is poised to operate an autonomous driving platform in Seoul. With the operating period of the existing provider, Kakao Mobility, coming to an end, the city has opened the door to multiple new operators. This move is expected to enhance data collection and accelerate the commercialization of robo-taxis.According to industry sources, the Seoul city government held an evaluation committee meeting on the recruitment of private operators for the autonomous vehicle transportation platfo