Major Retailers to Shorten Payment Terms for Suppliers 대형마트와 백화점 등 대규모유통업체가 납품업체에 상품 대금을 지급해야 하는 기한이 최대 절반 수준으로 줄어든다. 특약매입·위수탁 등의 거래는 판매마감일로부터 40일에서 20일로, 직매입은 상품수령일로부터 60일에서 35일로 단축된다.공정거래위원회는 이 같은 내용을 담은 '대규모유통업에서의 거래 공정화에 관한 법률' 개정안이 17일 국회 본회의를 통과했다고 밝혔다.이번 개정은 티몬·위메프 사태와 홈플러스 회생절차 등을 계기로 대규모유통업자의 대금 지급 관행을 개선하기 위해 추진됐다. 공정위 September 17, 2026

Naver Decides Not to Acquire Delivery Hero's Baedal Minjok Naver has decided not to proceed with the acquisition of a stake in Baedal Minjok, operated by Woowa Brothers.On September 17, Naver announced in a public disclosure that it had considered acquiring a stake in Baedal Minjok but ultimately decided against it due to changes in the business environment. This announcement clarifies a report from May 19 by Seoul Economic Daily regarding Naver and Uber's potential acquisition of Baedal Minjok for approximately 8 trillion won.Previously, Seoul Economic September 17, 2026

Seoul Court Rules Against Namsan Cable Car Project A Seoul court has ruled against the city’s plan to change land use for the Namsan gondola project, deeming the action illegal.The Seoul High Court’s Administrative Division 7, led by Judge Kwon Soon-hyung, ruled on September 17 in favor of the plaintiffs, including the Namsan Cable Car operator, Korea Sacto Industrial Co., in a lawsuit seeking to annul the city’s urban management plan decision. The court did not provide specific reasons for its ruling.As a result, the Namsan gondola project, whi September 17, 2026

National Intelligence Service Updates Cloud Policy for AI Era The National Intelligence Service (NIS) is revamping its national cybersecurity policies, including cloud, network, and software vulnerability management, to align with the rise of artificial intelligence (AI). The updates aim to support AI utilization in the public sector and enhance responses to AI security threats.On September 17, the NIS opened the Cyber Summit Korea 2026 at COEX in Seoul, where it unveiled the direction for revising national cybersecurity and AI security policies.First esta September 17, 2026

South Korea's Foreign Ministry Clarifies Delays in U.S. Investment Agreement The South Korean Foreign Ministry clarified on September 17 that the delay in the schedule for the first U.S. investment agreement, as stated by Foreign Minister Park Jin, is due to remaining domestic procedures rather than differences between South Korea and the United States. A ministry official remarked, "It seems to imply that further coordination on details is necessary between the two countries."During a briefing with reporters, the official added, "This should be interpreted as a process September 17, 2026

Free Attractions to Visit During Chuseok Holiday As the Chuseok holiday approaches, various attractions in Seoul, from art museums to palaces and nature recreation areas across the country, will open their doors for free. Visitors can enjoy a range of activities, whether on a date, with family, or exploring exhibitions alone.The National Museum of Modern Art will offer free admission during the holiday. The Gwacheon, Deoksugung, and Cheongju branches will be open for free from September 24 to 27. The Seoul branch will be closed on Chuseok day, September 17, 2026

Seoul Housing Prices Surge, Driven by Outer Areas with 17% Increase Over 84 Weeks Seoul's apartment prices have risen for 84 consecutive weeks, nearing the previous record of 85 weeks. Unlike past trends where prices fell in outer areas first, this time, the Gangnam district is experiencing declines while outer regions are on the rise. Although the duration of this increase is shorter than before, the cumulative rise is more than double.According to the Korea Real Estate Agency, as of the second week of September (September 14), the average sale price of apartments in Seoul i September 17, 2026

Chinese Stock Market Declines Amid U.S. Interest Rate Hike; Impact Seen as Limited The Chinese stock market, which rebounded the previous day, fell again on September 17. The decline was attributed to the impact of the U.S. interest rate hike. The Shanghai Composite Index closed down 0.41% at 3,875.60, the Shenzhen Component Index dropped 0.33% to 13,409.91, and the ChiNext Index fell 0.40% to 3,298.31.On September 16, the U.S. Federal Reserve raised its benchmark interest rate by 25 basis points to a range of 3.75% to 4.00%. This marked the first rate increase since July 2023 September 17, 2026

Shinhan Bank Allocates Additional 500 Billion Won for Housing Loans Shinhan Bank has allocated an additional limit for housing loans through loan brokers. This temporary expansion of broker applications aims to enhance loan accessibility for young people and actual homebuyers.According to the financial sector on September 17, Shinhan Bank has designated a total of 500 billion won for a special limit on housing loans through broker channels. Starting on September 18, 250 billion won will be allocated first, with the remaining 250 billion won to be supplied from O September 17, 2026

Design Miami: 12,000 Visitors and Galleries Report Sold-Out Success The 'Design Miami: Seoul 2026' event, which concluded on September 6, showcased the potential of 'buying design' beyond mere exhibition.According to the Seoul Design Foundation, a total of 11,972 visitors attended the event over its seven-day run. More than 50 pieces were sold, with some galleries reporting complete sell-outs.This year's theme, 'Resonance: Design in Dialogue,' connected global galleries with Asian designers and brands, bridging different cultures, generations, technologies, and September 17, 2026