Korea-U.S. Strategic Investment Corporation to Hire 37 Employees The Korea-U.S. Strategic Investment Corporation is set to hire 37 employees, including team leaders and operational staff, to advance its strategic investment initiatives in the United States.On July 28, the corporation announced it will conduct simultaneous recruitment for its 2026 general staff and operational positions. The hiring plan includes 27 general staff and 10 operational staff.Among the general staff, seven team leaders will be selected, including one each for the U.S. Investment Tea July 28, 2026

Big Tech Faces Credit Market Warning Amid AI Investment Competition The competition among big tech companies for investment in artificial intelligence (AI) data centers and semiconductors is leading to increased debt burdens, raising alarms in the credit market.On July 27, the Financial Times reported, citing data from financial information firm LSEG, that the credit default swap (CDS) premiums for Oracle, SpaceX, Alphabet, Amazon, Meta, Broadcom, and Nvidia have recently reached all-time highs.CDS are financial products that companies purchase to protect agains July 28, 2026

Analysis: China's Semiconductor Independence Fears Impact South Korean Stock Market Concerns over China's semiconductor equipment self-sufficiency have cast a shadow over the South Korean stock market. Reports indicate that China’s largest DRAM manufacturer, Changxin Memory Technologies (CXMT), has begun producing critical semiconductor production equipment, specifically lithography equipment.On July 28, during trading, shares of Samsung Electronics and SK Hynix fell by as much as 13.4% and 14%, respectively. The KOSPI index also dropped more than 9% at one point. Investor sent July 28, 2026

Vroong's AI Dispatch System Reduces Store Travel Time by 30%, Boosts Delivery Efficiency Vroong announced on July 28 that the introduction of its next-generation artificial intelligence (AI) dispatch system, 'Vroong Plus,' has significantly reduced the time delivery riders spend traveling to stores.Vroong Plus analyzes various factors, including the order location, the real-time position of riders, estimated travel times, and regional order flows, to automatically assign the optimal rider using AI.Analysis of data from 17 regions where Vroong Plus was implemented in the first half o July 28, 2026

Hanwha Systems Reports 219% Surge in Q2 Operating Profit Hanwha Systems announced that it recorded sales of 1.1176 trillion won and an operating profit of 103.7 billion won in the second quarter, marking increases of 45% and 219%, respectively, compared to the same period last year.The company also reported a net profit of 52.7 billion won for the second quarter, a 14% increase from the previous year, continuing its growth in sales, operating profit, and net income.In the defense sector, major export projects such as the K2 tank sights and fire contro July 28, 2026

First Future Mobility Week to be Held at COEX in August, Showcasing Electric Vehicles and Autonomous Technologies The 'Future Mobility Week 2026' will take place from August 25 to 27 at COEX in Gangnam, Seoul, showcasing the latest technologies and market trends in the future mobility industry.This event will feature an integrated exhibition covering the entire future mobility sector, including electric vehicles, charging infrastructure, autonomous driving, drones, and urban air mobility (UAM). It will serve as a comprehensive platform to present not only technological displays but also industry trends, pol July 28, 2026

Korean Leverage ETFs Impact Japanese Stock Market Korean single-stock leverage exchange-traded funds (ETFs) are increasing volatility in the domestic market and shaking up the Japanese stock market. The Nihon Keizai Shimbun reported that the Nikkei average's intraday volatility has exceeded 2% for three consecutive months, a first since the aftermath of the Lehman Brothers crisis. One of the main factors contributing to this trend is the active trading of leverage ETFs that track the price fluctuations of Samsung Electronics and SK Hynix at dou July 28, 2026

President Yoon Reaffirms Friendship with Brazil During State Visit 브라질을 국빈 방문 중인 이재명 대통령 부부가 27일(현지시간) 루이스 이나시우 룰라 다시우바 대통령 부부가 마련한 국빈 오찬과 문화공연·리셉션에 잇달아 참석했다. 룰라 대통령은 지난 2월 국빈 방한 당시 받은 환대에 보답하고 싶다는 뜻을 전하며 이 대통령 부부와 한국 대표단을 각별히 예우했다. 강유정 청와대 수석대변인의 서면 브리핑에 따르면 국빈 오찬은 공식 환영식과 소인수·확대 정상회담, 양해각서(MOU) 서명식, 공동 언론발표에 이어 진행됐다. 양 정상 부부는 시종일관 화기애애한 분위기에서 대화를 나누며 우의를 July 28, 2026

Samsung Electronics Wins Most Awards for Green Products with 16 Recognitions Samsung Electronics has achieved a record number of awards at the '2026 Korea Green Product of the Year' event, organized by the nonprofit organization Green Purchase Network, with a total of 16 products recognized.The company received accolades for 14 home appliances and 2 mobile devices, all featuring advanced energy-saving technologies based on artificial intelligence (AI) and high-efficiency performance. The evaluation involved over 300 consumer and environmental experts from 16 national org July 28, 2026

Korean Sports Council Appoints Kim Dae-nyeon as New Secretary General The Korean Sports Council has appointed Kim Dae-nyeon, the current chair of the Sports Council's Election Advisory Committee, as its new Secretary General.The council announced on July 28 that Kim will be appointed following consultations with the Ministry of Culture, Sports and Tourism and approval from the board of directors.This marks the first time a former high-ranking public official has been selected as Secretary General of the Sports Council.Born in Gyeonggi Province in 1959, Kim is an a July 28, 2026