Nearslab Shares Drop Over 10% on First Day of KOSDAQ Listing
Nearslab, a company specializing in autonomous drones powered by physical artificial intelligence (AI), is experiencing a decline of over 10% on its first day of trading on the KOSDAQ, falling below its initial public offering (IPO) price.As of 9:17 a.m. on August 24, Nearslab's shares were trading at 36,400 won, down 4,800 won (11.65%) from the IPO price of 41,200 won, according to the Korea Exchange.Earlier, during a demand forecast conducted for institutional investors from August 3 to 7, the
YouTuber Park Wi Faces Backlash Over KTX Incident and Past Injury Claims
Park Wi, a YouTuber with quadriplegia, is facing intense criticism after releasing CCTV footage of a fall incident that occurred while he was disembarking from a KTX train. The video has reignited discussions about the circumstances surrounding his disability.On August 24, various online communities and social media platforms saw a resurgence of interest in the events leading to Park's quadriplegia diagnosis. According to posts circulating online, Park fell from a two-story ditch while intoxicat
Seoul Mayor Oh Se-hoon and Kim Young-bae Agree to Expand Housing Supply
Seoul Mayor Oh Se-hoon and Kim Young-bae, chairman of the Democratic Party of Korea's Seoul chapter, have agreed to collaborate on expanding housing supply in the city through revitalizing redevelopment and reconstruction efforts. However, they reaffirmed their differing positions regarding housing development on the main site of Yongsan Park and the release of additional greenbelt land.According to the Seoul city government, the two leaders discussed key issues, including the expansion of housi
Hyundai and Kia Expand In-Car App Ecosystem with Pleos Connect
Hyundai Motor Group is expanding its in-car app ecosystem based on the next-generation infotainment system, Pleos Connect.Hyundai and Kia announced on August 24 that they held their first in-house hackathon, '24H Code Race,' at the Pangyo Tech Center from August 20 to 21.This event was the first competition for developing in-car apps organized by Hyundai and Kia. Participants formed teams to develop vehicle-specific apps over a 24-hour period, creating prototypes that could be demonstrated in re
Samsung Electronics Drops Over 4%, KOSPI Weakens Below 6800
Samsung Electronics has dropped more than 4%, leading to a decline in the KOSPI, which is now below the 6800 mark. In contrast, the KOSDAQ is showing gains, buoyed by strong performances in the bio and secondary battery sectors.As of 9:04 a.m., the KOSPI is down 38.60 points (-0.56%) at 6874.35. While individual investors have net bought 222.7 billion won, foreign and institutional investors have net sold 159.6 billion won and 66.9 billion won, respectively, pulling the index down.Among large-ca
Korea Trade Insurance Corporation Supports LG Electronics' TV Platform Service Export with $18 Million
The Korea Trade Insurance Corporation announced it will provide $18 million in trade insurance to support LG Electronics' export of its TV platform service.The TV platform service generates new revenue by advertising OTT brands on the TV platform screen after the sale of the TV. This indicates a shift in the revenue structure of the TV business from a one-time product sale to a model that continuously generates advertising and content revenue based on sold devices.In response to intensified comp
DB Insurance's Pedestrian Accident Coverage Surpasses 800,000 Policies in One Year
DB Insurance announced on August 24 that its 'Pedestrian Accident Legal Consultation Cost Support Special Clause,' developed in collaboration with attorney Han Moon-cheol, has surpassed 820,000 policies in its first year.This special clause provides legal assistance to drivers involved in accidents with pedestrians, bicycles, and electric scooters, ensuring they are not unfairly held responsible for faults. The product was developed jointly by attorney Han Moon-cheol and DB Insurance, combining
LG Uplus Launches Global Bug Bounty Program, First Among Korean Telecoms
LG Uplus announced that it has launched a global bug bounty program in collaboration with HackerOne, the world's largest bug bounty platform, starting on August 24.A bug bounty program rewards white-hat hackers for discovering security vulnerabilities in a company's services and IT infrastructure. Major companies like Google, Microsoft, Apple, as well as South Korean firms such as Samsung, Naver, Kakao, and Neowiz, have implemented similar programs.HackerOne boasts over 2.4 million white-hat hac
Hana Bank's Travel Log Foreign Currency Account Surpasses 100,000 Accounts
Hana Bank's 'Travel Log Foreign Currency Account' has surpassed 100,000 accounts in about 10 months since its launch, marking a successful reception. Analysts suggest that as overseas travel and U.S. stock investments become more common, foreign currency accounts are establishing themselves as a practical financial tool.On August 24, Hana Bank announced that its foreign currency savings account, the Travel Log Foreign Currency Account, has exceeded 100,000 accounts.Launched in September 2022, th
KTO Targets 410,000 Thai Visitors with K-Tourism Campaign in Bangkok
The Ministry of Culture, Sports and Tourism and the Korea Tourism Organization (KTO) announced that they held the Korean Culture and Tourism Festival 'Love Korea 2026' in Bangkok from August 21 to 23. The event aimed to connect the popularity of K-culture in Thailand with interest in Korean tourism, ultimately driving demand for travel to Korea.During the three-day event at Bangkok's CentralWorld, 70,000 Thai consumers attended. Concurrently, the Korea-Thailand Travel Mart featured 142 domestic