news highlight

• Gold Banking Declines Again After Brief Rebound The enthusiasm for gold investment is waning. After surpassing 2 trillion won earlier this year, the balance of gold banking at banks has fallen to 1.7 trillion won, and sales of gold bars at one major bank have decreased by over 60% compared to the beginning of the year. This decline is attributed not only to the decrease in valuation due to adjustments in gold prices but also to a reduction in the actual amount of gold held by customers.According to the financial sector on September 22, the co September 22, 2026
• Athletes Balancing Work and Training Receive Support from Sports President Yoo Seung-min, president of the Korean Sports Council, is providing encouragement and support for national kabaddi and techball athletes competing in the 2026 Aichi-Nagoya Asian Games, who are balancing their professional lives with training.The Sports Council announced on September 22 that Yoo visited the kabaddi and techball teams participating in the event to offer his support.According to the council, both sports have relatively weak domestic player bases and training infrastructures, leadin September 22, 2026
• Men's Table Tennis Team Advances to Round of 16, Women's Team Reaches Quarterfinals The men's table tennis team showcased an impressive performance, successfully advancing to the Round of 16. The women's team also reached the quarterfinals, continuing their quest for medals.The team defeated Mongolia 3-0 in their second match of Group D on September 20 at the Sky Hall Toyota in Aichi Prefecture, Japan.In the first match, Ahn Jae-hyun recorded a score of 3-0 (11-2, 11-5, 11-5), marking a strong start. The second player, Oh Jun-sung, maintained the momentum with a 3-0 victory (11 September 22, 2026
• Residents of Apgujeong District 3 Request Special Inspection from Seoul City Residents of the Apgujeong District 3 reconstruction association in Gangnam, Seoul, have submitted a joint petition to the city requesting a prompt investigation into the overall operations of their association. With approximately 4,000 members and a project budget in the billions, they are urging Seoul to verify the appropriateness of major decision-making and the use of association funds.This news agency is currently running a special series titled '50 Years of Apgujeong Hyundai Apartments: Bu September 22, 2026
• Hite Jinro Makes Debut at Japan's EDM Festival Targeting Young Consumers Hite Jinro is expanding its local marketing efforts aimed at young consumers in Japan. The company announced on September 22 that it participated for the first time in the electronic dance music (EDM) festival 'Ultra Japan 2026,' held on September 19-20 at Ultra Park in Odaiba, Tokyo. According to the company, this marks the first time a domestic liquor company has taken part in the event. Ultra Japan is the Japanese edition of the 'Ultra Music Festival,' which began in Miami, USA, in 1999. This September 22, 2026
• What to Watch This Chuseok: TV Premieres and Blockbusters The 2026 Chuseok holiday will offer a rich array of entertainment options for viewers, featuring blockbuster films, Hollywood hits, and national sports broadcasts. SBS leads the charge by showcasing the second highest-grossing Korean film, while major K-content channels tvN and OCN aim to capture audiences with exclusive movie premieres and a variety of sports and entertainment programming.On Saturday, September 26, at 9:30 PM, SBS will air the television premiere of 'The King and the Man,' dire September 22, 2026
• Cellid Records Surge After 10 Billion Won Capital Increase with Major Shareholder Change Cellid is experiencing a surge in stock prices following its decision to conduct a 10 billion won capital increase involving a change in its largest shareholder.According to the Korea Exchange, as of 2:57 PM on September 22, Cellid's shares were trading at 2,885 won, up 29.95% from the previous trading day.On September 21, Cellid announced that it had decided to issue new shares worth approximately 10 billion won through a third-party allocation to Universe Global. The new shares will total 4,79 September 22, 2026
• KT&G Announces 360 Billion Won Share Buyback and Cancellation to Enhance Shareholder Returns KT&G will buy back and cancel shares worth 360 billion won. On September 22, KT&G's board of directors decided to repurchase and cancel 2.07 million shares to enhance shareholder value, amounting to approximately 360 billion won, which represents about 2% of the total issued shares. The company plans to begin the buyback on September 23 and will cancel all acquired shares immediately after the purchase is completed. This action is part of KT&G's plan announced in February to buy back and cancel September 22, 2026
• KB Insurance to Cover Business Losses for Small Business Owners in Gyeongbuk Due to Illness KB Insurance will provide coverage for business losses incurred by small business owners in the Gyeongbuk region who are hospitalized due to illness.On September 22, KB Insurance announced that it will manage the 'Small Business Coexistence Insurance (Business Interruption Compensation Insurance)' aimed at small businesses in Gyeongsangbuk-do.The eligible participants include approximately 200,000 small businesses that have been registered and operating for over a year in Gyeongbuk.There is no s September 22, 2026