The Progressive Party has committed to supporting the development of the Honam semiconductor cluster.The Jeonnam-Gwangju Integrated Special Committee of the Progressive Party announced the formation of a Semiconductor Special Committee during a press conference held at the Gwangju City Hall on August 26.Kim Joo-eop, the committee chair, stated, "The semiconductor industrial complex represents the first large-scale investment in Honam since the Baekje period," emphasizing that "the development of

Google Cloud has launched 'Gemini Enterprise,' tailored for the finance and legal sectors. Both products are available in preview for Google Cloud customers worldwide.On August 25, Google Cloud announced the introduction of Gemini Enterprise for financial services and Gemini Enterprise for legal services as packaged solutions.This product marks the first series of industry-specific solutions based on the Gemini Enterprise platform, designed to provide customized agents, specialized skills, and d

Iran and Oman have reached a gradual agreement to establish a 'temporary joint maritime corridor' and a 'joint mine removal project' to resume safe navigation in the Hormuz Strait, which has been restricted due to recent conflicts.This development comes just a day after the Trump administration announced an expansion of economic sanctions against Iran. Amid increasing economic pressure from the U.S., diplomatic discussions aimed at normalizing navigation in the Hormuz Strait are gaining momentum

Shinsegae Group will showcase a unique cultural space at the global art fair Frieze Seoul 2026, set to take place at COEX in Seoul next month. As the headline partner for Frieze Seoul starting this year, the company aims to offer a differentiated customer experience that combines retail and art.On August 26, Shinsegae Group announced that it will operate a special space called 'Shinsegae Lounge' during Frieze Seoul 2026, which runs from September 2 to 5. The Shinsegae Lounge will encapsulate the

Gachon University’s business administration team, 'Team Compass,' won the top prize at the 'K-Business Education Idea Contest' on August 25 for proposing a new university education model suited for the generative AI era. According to Gachon University, students Yoon Jeong-jun, Kwon Jun-seok, and Jeong Hee-chan from the class of 2025 received high praise for their 'Thought Restoration Project,' which aims to enhance critical thinking skills in an increasingly AI-dependent educational environment.

One hundred forty South Korean small and medium-sized enterprises (SMEs) are intensifying their efforts to penetrate the U.S. consumer goods market.The Korea Federation of Small and Medium Businesses announced that the 'K-Goods Fair' opened on August 25 at the 'ASD Market Week 2026' in Las Vegas.'ASD Market Week 2026' will run until August 27 at the Las Vegas Convention Center. Last year, approximately 1,800 companies from around 80 countries participated.This year, over 150 booths showcasing K-

Syangyong Construction's 'Syangyong The Platinum Seodaemun' in Hong-eun-dong, Seodaemun District, achieved a remarkable subscription rate of 240.5 to 1 in its first round, successfully closing all unit types.The Korea Real Estate Agency reported on the 26th that for the first round of subscriptions in the designated area, 1,112 applicants registered for 28 units (excluding special supply), resulting in an average competition rate of 39.71 to 1.By unit type, the 59㎡A model attracted 721 applican

Financial authorities have launched a raid on Hanmi Accounting Firm in connection with allegations of stock trading using insider information.On August 26, the joint task force composed of the Financial Services Commission, the Financial Supervisory Service, and the Korea Exchange began the raid on Hanmi Accounting Firm. The task force is reported to have secured work materials and internal documents.Accountants affiliated with Hanmi Accounting Firm are suspected of trading stocks using undisclo

Foreign tourists traveling in South Korea are increasingly opting to drive themselves. Rentals by foreigners in the country have surged by 154% over the past year, with visitors from Australia, Thailand, and Taiwan tripling their bookings. Domestic rental car usage has also risen by 194%, expanding demand beyond Jeju to cities like Yeosu, Gangneung, and Gyeongju.According to an analysis of rental car reservation data by Trip.com, the total number of global rental car bookings increased by 81% co