As Chuseok approaches in a month, the retail industry is accelerating efforts to capture demand for holiday gifts. In response to an earlier-than-usual Chuseok this year, department stores are expanding their pre-order selections and benefits, while convenience stores are broadening their offerings from budget-friendly items to unique high-end products.According to the retail sector on August 23, Lotte, Shinsegae, and Hyundai department stores began pre-order sales for Chuseok gift sets on Augus

The focus of competition in the delivery industry is shifting from '30-minute delivery speed' to who can secure logistics and store networks more densely and at lower costs. Baemin and Coupang Eats are entering the quick commerce infrastructure race with contrasting approaches: Baemin relies on logistics centers, while Coupang Eats connects with local stores.According to industry sources on August 23, Woowa Brothers' Baemin is building its infrastructure around its own logistics network. Baemin

KOSPI is expected to take a breather ahead of major events, including the Jackson Hole meeting and NVIDIA's earnings report. Despite a rise in the U.S. stock market, semiconductor stocks showed weakness, and KOSPI 200 night futures also declined, suggesting a weak start for the domestic market. However, analysts believe that the results of key events this week could lead to a renewed attempt to breach the 7000 mark, despite mixed stock movements from Samsung Electronics and SK Hynix regarding sh

YouTuber Park Wi has lost his title of 1 million subscribers after releasing CCTV footage of a fall he experienced while disembarking from a KTX train. As of 8:30 a.m. on August 24, Park's YouTube channel, Wiracle, had dropped to approximately 997,000 subscribers.On August 21, Park shared the CCTV footage on his channel, showing the moment he fell from his wheelchair while using a ramp to exit the train. The video captured the moment when the wheel of his wheelchair got caught on the foot of a s

Data center semiconductor company Padu is expanding its business by focusing on SSDs and controller technologies tailored for AI data centers. The company aims to transition from a single SSD controller focus to a comprehensive solution provider that meets the performance, efficiency, and security demands of AI data centers.Padu participated in the '2026 OCP Korea Tech Day' held on August 21 at COEX in Seoul, where it presented its technological direction regarding the evolving roles of flash me

Bitcoin continues to show strength above $77,000, even after giving back some of its recent gains, amid expectations of stability in the U.S. Treasury market.According to CoinMarketCap, Bitcoin was trading at $77,592, up 0.77% from the previous day as of 8 a.m. on August 24.The recent rise in Bitcoin's price has been influenced by a decline in long-term U.S. Treasury yields. The U.S. Treasury's decision to expand its buyback of long-term bonds led to a significant drop in yields, improving inves

The recent plunge in the domestic stock market has impacted the initial public offering (IPO) market. Most new listings in the third quarter are trading below their offering prices, quickly cooling the enthusiasm for IPO investments that had surged in the second quarter.According to the Korea Exchange, from July 1 to August 21, the stock prices of eight companies (excluding REITs and SPACs) that went public on the KOSPI and KOSDAQ markets have fallen an average of 25% compared to their offering

An Se-young, the world No. 1 in women's singles badminton, made a triumphant return to the top of the world stage by winning the 2026 BWF World Championships in New Delhi, India, on August 23. She defeated world No. 2 Akane Yamaguchi of Japan in straight sets, 21-17, 21-14, to claim the gold medal.This victory marks An's second world championship title, having first won in Copenhagen in 2023. The tournament was not held in 2024 due to the Paris Olympics, and last year, An reached the semifinals

Samsung's Galaxy Buds4 Pro have been named the best product at the EISA Awards, selected by global audio and video experts. This marks the first time the Galaxy Buds have received an EISA award, highlighting Samsung's technology in elevating wireless earbuds to premium audio products.On August 24, Samsung announced that the Galaxy Buds4 Pro were recognized as the best product in the 'In-Ear Headphones' category at the 'EISA Awards 2026-2027.' The EISA Awards, established in 1982, evaluate produc