KB Kookmin Bank Waives Roaming Fees for Relief Workers in Nepal KB Kookmin Bank's mobile service, KB Livemobile, announced on September 18 that it will waive roaming fees for personnel engaged in relief activities in Nepal.This initiative aims to alleviate the communication costs for relief workers involved in rescue, aid, and recovery efforts in Nepal, facilitating their local operations.The support is available to KB Livemobile customers dispatched to Nepal. The bank will cover the roaming fees incurred during their stay, enabling relief workers to communi September 18, 2026

President Lee Says He Has No Plans for Reelection President Lee Jae-myung stated on September 18, "I have no intention of seeking reelection." During a press conference at the Blue House, President Lee emphasized, "Reelection through constitutional amendment is impossible, and I have repeatedly stated that I have never considered it." He dismissed claims that he intends to introduce a parliamentary system or a dual executive system as absurd, adding, "Demands for me to promise not to seek reelection seem to be a political attack aimed at frami September 18, 2026

KTX Ticket Booking Chaos During Chuseok Holiday The recent Chuseok holiday ticket booking period (September 7-11) for KTX and SRT, which merged operations on September 1, was marked by severe access issues. Korea Railroad Corporation (KORAIL) reported that it increased its booking servers from 11 to 60 and expanded its communication bandwidth sixfold, conducting over 230 simulation tests. However, the surge in demand for return trips during the short holiday led to a peak waiting list of 750,000 people.As securing tickets became increasingly September 18, 2026

Financial Authorities Consider Tax Incentives for Long-Term Investments The financial authorities are considering expanding tax benefits for long-term investments in stocks and other assets to encourage capital market investments. A new KOSDAQ investment fund will also be established within the National Growth Fund, with investments set to begin next month.Lee Ok-yeon, chairman of the Financial Services Commission, stated on the morning of September 18 at a conference marking the 29th anniversary of the Capital Market Research Institute in Seoul's Yeouido Conrad Hot September 18, 2026

Dispute Erupts Between Financial Supervisory Service and Mirae Asset Securities Over SpaceX Inspection A dispute has arisen between the Financial Supervisory Service (FSS) and the labor union of Mirae Asset Securities regarding an inspection related to SpaceX investments. The union protested that the FSS demanded personal call records of employees during the inspection, while the FSS stated that it was a normal procedure to verify the registration process of individual professional investors.According to the financial investment industry on September 18, the FSS recently conducted an inspection a September 18, 2026

Alteogen's Kitruuda SC Receives Sales Approval in Japan Alteogen's subcutaneous (SC) formulation of the immuno-oncology drug Kitruuda has received manufacturing and sales approval in Japan. On September 18, Alteogen announced that its subcutaneous formulation transition platform, Hybrozyme, has been applied to MSD's Kitruuda SC (marketed in Japan as Kiject), which has now been approved in Japan. Kitruuda SC is a combination product containing MSD's immune checkpoint inhibitor Kitruuda (active ingredient pembrolizumab) and Alteogen's recombinant human September 18, 2026

Minister Kim Seong-hwan Questions Timetable for Ending Coal Power by 2040 Kim Seong-hwan, the Minister of Climate, Energy and Environment, stated on September 18 that the government's goal of phasing out all coal power by 2040 may need to be accelerated in light of the climate crisis. During the 7th public forum for establishing the 12th basic electricity supply plan held at the Korea Electric Power Corporation's Nam Seoul headquarters in Yeongdeungpo, Seoul, he remarked, "Given the impact on the climate crisis, isn't it appropriate to consider an earlier phase-out?" September 18, 2026

Kim Nam-hee: Prosecutors' Role in Protecting Human Rights Should Not Be Unduly Restricted Kim Nam-hee, a member of the Democratic Party, commented on the recent passage of the "Sexual Violence Crime Punishment Act" in the National Assembly, stating, "We must prevent situations where the role of prosecutors as protectors of human rights is excessively restricted, leading to harm for the public." On September 18, during an appearance on CBS Radio's "Park Seong-tae's News Show," Kim clarified, "I am not saying that prosecutors should conduct investigations. It is unreasonable to claim September 18, 2026

Orum Therapeutics Shares Plunge After BMS Halts Clinical Trials for Drug Candidate Orum Therapeutics' stock fell sharply after news that Bristol Myers Squibb (BMS) has halted clinical trials for a drug candidate licensed from the company.As of 10:22 a.m. on September 18, Orum Therapeutics shares were trading at 37,400 won, down 16,000 won (29.96%) from the previous trading day.The steep decline in stock price is attributed to BMS's decision to discontinue the development of the acute myeloid leukemia treatment candidate, BMS-986497 (ORM-6151), which it had acquired from Orum T September 18, 2026

Jensen Huang Predicts Nvidia's Chip Sales Will Double Next Year Jensen Huang, CEO of Nvidia, has projected that the company's chip sales will double next year. Amid Nvidia's forecast of a 70% increase in revenue for the coming year, Huang has expressed confidence that demand for chips will grow rapidly due to a global expansion in AI investments.On September 17, Huang spoke at a meeting with King Charles III of the United Kingdom and other key figures in the AI industry at Dumfries House in Ayrshire, Scotland. He stated, "Nvidia expects to sell twice as many September 18, 2026