Kyobo Life is teaming up with Toss to explore financial services utilizing digital assets.On August 12, Kyobo Life announced that it has signed a memorandum of understanding with Toss to collaborate on building a digital asset ecosystem and services.Under this agreement, the two companies will jointly seek financial services that can leverage digital assets, conduct proof of concept (PoC) testing, and establish a standard model. They will also work on creating a system for information exchange a

Hana Financial Group is introducing a mobile financial service to enhance access for seniors in Incheon.On August 12, Hana Financial announced the launch of the Happiness Dream Bus, which will provide financial counseling and education to senior customers and vulnerable elderly populations in the Incheon area.The Happiness Dream Bus features financial experts traveling in a dedicated minibus to visit senior towns, community centers, welfare facilities, and nursing homes. This service allows seni

Hyundai Department Store has donated 200 million won to improve the living conditions of descendants of independence activists, in collaboration with its customers.On August 12, Hyundai Department Store announced that it has provided the donation to Korea Habitat, an international nonprofit organization, to support housing for the descendants of independence activists. The funds will be used for the construction of new homes.Customers of Hyundai Department Store also participated in this initiat

The Ansan City Council met on August 11 to discuss a range of key municipal issues, from youth entrepreneurship and public property to large-scale urban projects such as the underground Ansan Line and the development of a Free Economic Zone. According to the council, the Planning and Administration Committee, the Culture and Welfare Committee, and the Urban Environment Committee held discussions with the administration to review the status of major agenda items and ongoing projects ahead of the

Han Byeong-do, the acting leader of the Democratic Party, criticized the People Power Party for obstructing housing stability in response to the government's real estate supply measures. He urged the party to cooperate in convening a National Assembly session on August 13 to address pending housing supply legislation.During a strategy meeting at the National Assembly on August 12, Han stated, "The party obstructing the public's housing stability is the People Power Party, to which Seoul Mayor Oh

Google's AI service, the Gemini app, has surpassed 1 billion monthly active users (MAU), marking a significant milestone in the competitive generative AI market, following ChatGPT's similar achievement.According to Google, as of August 11, the Gemini app has become the fastest-growing service in the company's history. Sundar Pichai, Google's CEO, noted that Gemini is the 14th Google service to reach 1 billion users.The growth of Gemini's user base has been rapid. Last May, the MAU was at 400 mil

Jang Jeong-jin has been appointed as the new spokesperson for the Ministry of Finance. Jang, who has extensive experience in public policy and international economic cooperation, has focused primarily on fiscal matters. He graduated from Seoul National University with a degree in political science and entered public service after passing the 39th National Civil Service Examination, becoming the youngest candidate to do so in 1995.Throughout his career at the Ministry of Finance, he has held vari

The Korea Real Estate Agency and the Housing and Urban Guarantee Corporation (HUG) are launching a service that allows users to verify confirmed lease dates in real time through the Safe Lease App. This initiative aims to enhance protections against lease fraud and safeguard tenant deposits.On August 12, the Korea Real Estate Agency and HUG announced the implementation of the 'Confirmed Date Information Linkage Project.' This project is part of the government's comprehensive measures to prevent

Chinese factories that relocated to Southeast Asia to avoid high U.S. tariffs are now returning to China. Global fast-fashion company SHEIN has established a logistics center in Vietnam covering 15 hectares and encouraged Chinese clothing manufacturers to move their operations there. However, the logistics center's size has been reduced to 6 hectares, and local staffing has been significantly cut. Many clothing companies that had moved to Vietnam are now returning to China. In contrast, SHEIN an