Shinhan Bank Launches AI Academy to Train 1,000 Specialists Shinhan Bank is accelerating its transition to artificial intelligence (AI) by developing its employees into "AI natives" and cultivating key experts to enhance the organization’s AI capabilities.On June 10, Shinhan Bank announced the official launch of its internal training organization, the AX and Web3 Academy. The academy aims to provide training for approximately 12,000 employees, with plans to develop 1,000 of them into core experts.To strengthen the academy's expertise, Shinhan Bank has re June 10, 2026

POSCO Holdings to Launch Direct Lithium Extraction Pilot in the U.S. POSCO Holdings is set to become the first South Korean company to conduct a pilot project for Direct Lithium Extraction (DLE) technology in the United States, accelerating its efforts to enhance competitiveness in next-generation lithium extraction technologies. On June 10, POSCO Holdings signed a cooperation agreement with Australian resource development firm Anson Resources at the POSCO Center in Seoul to build and operate a DLE demonstration plant in the Green River area of Utah. DLE is June 10, 2026

Han Yuwon Partners with Hyundai Department Store for K-Beauty Popup, Seeking Participants Until June 26 The Korea Small and Medium Business Administration announced on June 10 that it is seeking companies to participate in a popup store for small beauty businesses in collaboration with Hyundai Department Store. This popup will be operated in partnership with Hyundai Department Store's beauty concept store, Be Clean. Be Clean is a clean beauty shop directly managed by Hyundai Department Store, selling only products that contain natural ingredients, are cruelty-free, or use recyclable eco-fr June 10, 2026

AI Analyzes Job Seekers to Recommend Tailored Employment Policies Artificial intelligence (AI) has been proposed to analyze job seekers' employment potential and long-term unemployment risks, recommending tailored employment support policies. The plan aims to establish a system that goes beyond merely searching for job information, diagnosing job seekers' characteristics and needs to connect them with appropriate vocational training, employment support programs, and counseling services.On June 10, the Korea Employment Information Service presented a research r June 10, 2026

Rising Exchange Rates and Logistics Costs Prompt Bed Industry Price Increases Due to rising exchange rates and prolonged geopolitical risks in the Middle East, the domestic bed and mattress industry is experiencing a series of price increases. Companies are unable to withstand the pressure from rising raw material and global logistics costs, leading to necessary price adjustments. According to the bed industry on June 10, Simmons has implemented an average 10% price increase across all products, including mattresses, frames, and bedding, effective June 8. This mark June 10, 2026

Korail Launches Railway Culture Exhibition at Seoul Station The historic Seoul Station, marking its 101st anniversary, has taken its first steps toward reclaiming its identity as a railway heritage site. Korail, the Korea Railroad Corporation, held the opening ceremony for the Railway Culture Exhibition at the old Seoul Station (Cultural Station Seoul 284) and officially declared its commitment to restoring the station's function as a national heritage site in collaboration with the Cultural Heritage Administration. Korail announced that from June 11 to June 10, 2026

Samsung Electronics Becomes Largest Shareholder in Element Biosciences Samsung Electronics has secured its position as the largest shareholder in Element Biosciences, a U.S. genetic analysis equipment company. This move is part of the company's strategy to focus on artificial intelligence (AI) and digital health as key drivers for future growth in next-generation precision medicine technologies.On June 10, Samsung announced its participation in Element's Series E funding round, investing an additional $175 million. This investment, combined with last year's Series June 10, 2026

EcoPro Begins Mass Production at Hungary Plant, Accelerating European EV Market Strategy EcoPro's cathode materials plant in Debrecen, Hungary, has officially commenced mass production. The facility aims to accelerate its strategy in the local electric vehicle (EV) market by meeting European regulatory standards. According to industry sources on June 10, EcoPro held a shipment ceremony on June 8 for its high-nickel NCA (nickel-cobalt-aluminum) products, which will be supplied to European OEM (original equipment manufacturer) automotive brands. The Debrecen plant spans approxi June 10, 2026

Hanwha Q CELLS Completes Solar Value Chain in the U.S., Eyes Space Solar Power Hanwha Q CELLS is finalizing its solar production network in the United States and is set to enhance profitability. The company is accelerating the commercialization of next-generation tandem solar cells and validating their performance in space environments to secure future growth drivers. According to industry sources on June 10, Hanwha Solutions' Q CELLS division has completed the cell production line at its Cartersville, Georgia, factory and will begin mass production in July. The addi June 10, 2026

President Lee: Post-Iran War, North Korea's Denuclearization More Challenging President Lee Jae-myung discussed the growth of the artificial intelligence (AI) industry, wealth distribution, regional development, U.S.-South Korea security negotiations, and North Korea's nuclear issue in an interview with The Economist. In the interview conducted at the Blue House, President Lee stated that South Korea can move beyond the chaos following former President Yoon Suk Yeol's declaration of martial law and impeachment. The Economist noted that President Lee has maintained a June 10, 2026