AI Pick

  • Online Sales Keep Rising; Department Store and Convenience Store Revenue Up for 9th Month Online sales extended steady growth in March, while among offline retailers, department stores and convenience stores stayed in positive territory. Big-box discount stores, however, returned to a decline after a one-month reprieve. According to the Ministry of Trade, Industry and Energy’s report on March 2026 sales trends at major retailers released Tuesday, combined sales at major retailers rose 5.6% from a year earlier. Offline sales increased 1.9% year over year. By format, departm April 29, 2026
  • Korea Standards Agency Holds Forum on Industrial Measurement Strategy for Advanced Industries South Korea’s Korean Agency for Technology and Standards, under the Ministry of Trade, Industry and Energy, said Tuesday it held a policy forum on industrial measurement to support the advancement of high-tech industries. The agency said it used the forum to discuss strategies with industry officials in sectors including semiconductors, aviation, defense, and nuclear power. Industrial measurement refers to the infrastructure that ensures accuracy and reliability in measurements across April 29, 2026
  • South Korea’s Oceans Ministry to Pay $100,000 in Bonuses for Busan Move, UN Ocean Summit Bid South Korea’s Ministry of Oceans and Fisheries will pay a total of 100 million won in special performance bonuses to civil servants credited with visible achievements, including the ministry’s relocation to Busan and winning the right to host the first UN ocean conference in Asia. The ministry said Tuesday it will hold its first special performance bonus awards ceremony for 2026 on Wednesday. A ministry review committee decided to award a combined 100 million won to 39 employees who carried out April 29, 2026
  • Hyundai Mobis to Launch Limited Auror x Monami Car Care Special Edition Hyundai Mobis is teaming up with Monami, a widely recognized Korean stationery brand, to pitch a new take on car life through its in-house car care brand Auror. The company said Tuesday it will begin limited sales next month of an “Auror × Monami edition” through online and offline channels, adding Monami collaboration goods to Auror’s interior kit. Hyundai Mobis said the partnership is part of a marketing push to position car care items as lifestyle products and broaden customer touchp April 29, 2026
  • Autopsy: 3-year-old in Yangju died from head injury caused by external force A 3-year-old child who died in a suspected abuse case in Yangju, south of Seoul, was killed by a head injury caused by an external impact, police said. Police said April 29 that the National Forensic Service concluded the boy, identified only as A, died of head trauma and that the injury appeared to have been caused by nonaccidental external force. The agency had earlier said in an initial verbal assessment that it was difficult to definitively determine whether the head injury was cau April 29, 2026
  • Online Reaction to Chef Ahn Seong-jae’s Korean Pork Ad After Wine-Switch Controversy A full TV commercial featuring chef Ahn Seong-jae, a promotional ambassador for Korean pork, has been released, drawing reactions from users on online communities. On the 28th, one online community shared a campaign video titled, “A global ingredient, close at hand: Korean pork.” The ad highlights the appeal of Korean pork through close-up visuals of meat cooking and juices running. In a segment labeled “Superfood,” it also presents a nutritional angle, describing Korean pork as a daily April 29, 2026
  • HD Hyundai Site Solution Deploys Unmanned Autonomous Excavator to Job Site for First Time HD Hyundai Site Solution, the intermediate holding company for HD Hyundai’s construction machinery business, has deployed an unmanned autonomous excavator to an active construction site for the first time. The company said Tuesday it delivered the excavator, developed with AI-based autonomy firm Gravis Robotics, to a site operated by European construction company KIBAG. The machine is a 22-ton, mid-size excavator from HD Construction Equipment fitted with the “Real X” solution, combinin April 29, 2026
  • Amorepacific Group Q1 Operating Profit Rises 6.9% on Derma Beauty, Overseas Growth Amorepacific Group said it posted solid first-quarter results, helped by momentum in its derma beauty brands and a broader mix of global channels including North America and Japan. The company said consolidated first-quarter revenue rose 5.0% from a year earlier to 1.2227 trillion won, while operating profit increased 6.9% to 137.8 billion won. Flagship affiliate Amorepacific also reported gains, with revenue up 6.4% and operating profit up 7.6%, supporting the group’s overall impro April 29, 2026
  • Samsung Bioepis Expands Open Innovation Partnership With China’s Atlatl Innovation Center Samsung Bioepis said on the 29th it signed a memorandum of understanding with China-based biotech R&D platform Atlatl Innovation Center to step up its global open-innovation efforts. Atlatl Innovation Center is described as Asia’s largest biotech incubation hub linking research partnerships between biotech startups and global companies. It provides shared labs and office space, as well as contract research organization services, in major biotech clusters including Beijing, Shanghai, S April 29, 2026
  • IBK Industrial Bank of Korea to Cut Online Loan Rates for SME Workers by Up to 0.6 Points IBK Industrial Bank of Korea said Tuesday it has launched a new online loan interest-rate reduction program for employees working at small and midsize enterprises, ahead of Labor Day on May 1. Eligible borrowers are workers employed at SMEs as of the application date. The bank will offer a basic rate cut of up to 0.4 percentage points depending on length of employment. It will provide an additional 0.1 percentage point discount for workers at companies outside the Seoul area and another 0 April 29, 2026