AI Pick
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Korea’s ‘Yellow Envelope’ Labor Law Takes Effect, Industry Warns of Disruption
Business groups say the so-called Yellow Envelope Act — revisions to Articles 2 and 3 of the Trade Union and Labor Relations Adjustment Act — will take full effect starting on the 10th, and they warn it could trigger major disruption across industry. Korea’s manufacturing base — including autos, defense, shipbuilding and construction — relies on dense networks of first-tier suppliers and multilayer subcontractors. An industry official said the subcontracting structure became entrenched du
March 8, 2026
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Dubai-to-Incheon Airfares Surge as Middle East War Cuts Flights, Stranding Travelers
Airfares out of Dubai briefly jumped more than ninefold as the Middle East war sharply reduced flights, raising anxiety among South Koreans trying to return home. Even Korean Air, the only South Korean carrier with a direct Middle East route, extended its suspension, and switching to partner airlines in the same alliance has proved difficult as other carriers also cut service. Industry officials said March 8 that ticket prices for Dubai-to-Incheon flights have surged. Emirates flight EK0
March 8, 2026
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South Korea Gasoline Prices Near 2,000 Won as Middle East Tensions Lift Oil
The war involving the United States, Israel and Iran is showing signs of dragging on, sending international oil prices sharply higher. South Korea’s pump prices are also climbing, raising fears of a repeat of 2022, when gasoline rose above 2,000 won per liter amid fallout from the Russia-Ukraine war. According to the Korea National Oil Corp.’s Opinet price information system, the nationwide average gasoline price stood at 1,894.86 won per liter as of 1 p.m. on March 8, up 5.46 won from the
March 8, 2026
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SK On to Unveil CTP Integrated Pack Solutions With SK Enmove Immersion Cooling at InterBattery 2026
SK On said Sunday it will showcase a range of “CTP integrated package solutions” at InterBattery 2026, which runs for three days starting March 11, combining its cell-to-pack (CTP) technology with immersion-cooling fluid technology from SK Enmove, an in-house independent company. The move reflects SK On’s plan to expand its product portfolio from supplying cells and modules to offering battery packs. Under the theme “Unlock the Next Energy,” SK On will operate an exhibition booth featuri
March 8, 2026
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NCT’s Yuta Releases ‘Play Back’ as Theme Song for Japan’s ‘Kamen Rider Zets’
NCT’s Yuta has joined the Japanese TV drama series ‘Kamen Rider Zets’ as the singer of its theme song, drawing attention from viewers. The track, titled ‘Play Back (PLAY BACK),’ was released at midnight March 8 on major global music platforms and has been met with a strong response. ‘Play Back’ is a rock song driven by aggressive guitar and a beat reminiscent of 2000s punk. The lyrics portray a mind wavering between reality and dreams, along with a firm resolve to defy fate and make on
March 8, 2026
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Korean Banks See Rush Into ETFs as Market Volatility Spurs Dip Buying
Geopolitical tensions in the Middle East have fueled volatility in South Korea’s stock market, prompting even typically conservative bank customers to look at investment products. As more investors try to buy after sharp declines in hopes of a rebound, bank counters and private-banking centers have seen a rise in inquiries about funds and exchange-traded funds, or ETFs. On March 8, the financial industry said demand for investment consultations and product sign-ups has noticeably increase
March 8, 2026
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Korean Bank Overdraft Loans Jump 1.3 Trillion Won in Five Days as Demand Deposits Fall 8.6 Trillion
Volatility tied to the Iran situation has prompted some South Korean retail investors to treat the market swings as a buying opportunity, tapping bank credit lines to invest in stocks. Overdraft-style personal credit balances at major banks have surged in a short period while deposits have fallen, suggesting money is moving quickly into the market. As of March 5, personal overdraft loan balances at the five major banks — KB, Shinhan, Hana, Woori and NH NongHyup — totaled 40.7227 t
March 8, 2026
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KB Financial Chairman Yang Jong-hee Urges New Women Managers to Prioritize Communication in AI Era
Yang Jong-hee, chairman of KB Financial Group, told newly appointed women branch managers that communication and empathy matter even more in the age of artificial intelligence, calling for inclusive leadership. KB Financial said Sunday that Yang attended a group conference on March 6 for newly appointed women branch managers. He said women leaders should take pride in being recognized for ability and performance, not gender, and stressed that finance is shifting beyond product sales to a
March 8, 2026
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Shinhan Financial says stable home prices could narrow wealth gap and lift spending, births
Rising real estate prices are entrenching wealth inequality, but stabilizing home prices could help revive household spending and improve conditions for marriage and childbirth, according to a new analysis. Shinhan Financial Group's Shinhan Future Strategy Research Institute on 8 released a report, "What Would Change if Home Prices Stabilize," analyzing how housing price stability affects household finances and the financial market. The report said that in South Korea's asset structure
March 8, 2026
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Jang Hang-jun’s ‘The Man Who Lives With the King’ Tops 11 Million Moviegoers
영화 '왕과 사는 남자'가 1100만 관객을 동원했다. 영화 '왕과 사는 남자'는 개봉 33일째인 3월 8일 누적 관객 1100만 명을 넘어섰다. 이는 흥행작 '파묘'(40일), '서울의 봄'(36일), '광해, 왕이 된 남자'(48일)보다 1100만 관객 달성 속도가 빠른 기록이며, '범죄도시4'와 같은 속도다. 5주차에도 관객들의 입소문에 힘입어 흥행을 이어가고 있는 가운데, 6주차에도 기세를 이어갈지 주목된다. 영화 속에서 이홍위(박지훈 분)와 광천골 사람들이 나무 명패에 각자의 이름을 적어 나무에 거는 장면을 바탕으로, 주역들이 나무 명
March 8, 2026