NH Nonghyup Bank Purchases 5,254 Tons of Carbon Credits from Farmers NH Nonghyup Bank announced on July 27 that it has purchased a total of 5,254 tons of carbon credits from 20 farms across the country.These carbon credits are officially certified by the government, reflecting reductions in greenhouse gas emissions achieved through the adoption of low-carbon agricultural technologies. In September 2023, NH Nonghyup Bank established a system to directly purchase these credits from farmers through a partnership with the Ministry of Agriculture, Food and Rural Affai July 27, 2026

Gopax Appoints Kim Na-young as New CEO Cryptocurrency exchange Gopax announced on July 27 that it has appointed Kim Na-young, the former head of financial business development at Amazon Web Services (AWS) Korea, as its new CEO.Kim holds an MBA from Harvard Business School and is a certified international financial analyst. She previously served as the country head for Bloomberg in South Korea and most recently was a member of the Korea Investment Corporation's operating committee, where she oversaw risk-related deliberations.With thi July 27, 2026

South Korean Prime Minister: Real Estate Accounts for 71.9% of Household Assets South Korean Prime Minister Han Seong-sook stated on July 27 that, according to the 2025 National Balance Sheet, real estate constitutes 71.9% of household net assets. "As the Prime Minister overseeing the executive branch, I feel a significant sense of responsibility and weight regarding how to address your difficulties and concerns about real estate," she said.During her keynote speech at the National Forum on Real Estate Policy held that afternoon, she acknowledged, "It is entirely natural f July 27, 2026

North Korea's Smartphones Offer Digital Services Amid Tight Control North Korea is utilizing smartphones for various digital services, including payments, taxi calls, and medicine orders. The Washington Post reported on July 26, with the assistance of North Korean technology expert Martin Williams, that it analyzed two of the latest smartphones from North Korea. The smartphones featured a range of applications, including a 'women's health management program,' an 'economic information system for mobile phones,' and 'transportation fare guidance.' These apps provi July 27, 2026

Amorepacific Partners with Higher Corporation to Develop Integrated Beauty Solutions Amorepacific Holdings has made a strategic investment in Higher Corporation, a company specializing in aesthetic medical devices, to enhance collaboration in the beauty and medical sectors.On July 27, Amorepacific Holdings announced that it has signed an investment agreement with Higher Corporation to strengthen their partnership in the beauty and medical fields. The two companies plan to combine Higher Corporation's expertise in developing aesthetic medical devices with Amorepacific's dermatolo July 27, 2026

Court Convicts Yoon Suk Yeol of Spreading False Information During Election The court found Yoon Suk Yeol guilty of spreading false information during his presidential campaign. The judges particularly noted the severity of his false statements made during interviews, as opposed to debates.The Seoul Central District Court's Criminal Division 21, led by Judge Jo Soon-pyo, ruled on July 27 that Yoon was guilty of two charges brought by the special prosecutor's team led by Kim Geon-hee. These charges involved statements regarding his introduction of former Yongsan Tax Offi July 27, 2026

Korean Won Strengthens Despite High Oil Prices and Strong Dollar The won-dollar exchange rate, which soared to the 1560s, has dropped to the 1450s, drawing attention to its future trajectory. Despite factors contributing to the won's weakness, such as rising international oil prices, surging U.S. Treasury yields, and a strong dollar, the value of the won has strengthened due to improved dollar supply conditions.On July 27, the weekly closing exchange rate for the won against the U.S. dollar in the Seoul foreign exchange market was 1468.5 won, up 1.9 won from July 27, 2026

BTS's 'Butter' Music Video Surpasses 1.1 Billion Views, Marking Seventh Record 그룹 방탄소년단의 ‘버터(Butter)’ 뮤직비디오가 11억 뷰를 돌파했다. 소속사 빅히트 뮤직에 따르면 2021년 5월 공개된 방탄소년단의 디지털 싱글 ‘버터’ 뮤직비디오는 27일 오전 2시께 유튜브 조회 수 11억회를 넘어섰다. 이로써 방탄소년단은 ‘다이너마이트(Dynamite)’, ‘작은 것들을 위한 시(Boy With Luv) (Feat. Halsey)’, ‘디엔에이(DNA)’, ‘마이크 드롭(MIC Drop) (Steve Aoki Remix)’, ‘페이크 러브(FAKE LOVE)’, ‘아이돌(IDOL)&r July 27, 2026

Dongkuk Steel's Incheon Plant Bounces Back from Shutdown Crisis On July 22, Dongkuk Steel's Incheon plant was operational again after experiencing its first-ever shutdown last year. The 120-ton electric furnace was actively producing molten steel, filling the workshop with intense heat as the electrodes melted scrap metal. While robotic arms measured the temperature of the molten steel, the glowing metal was transformed into semi-finished billets through the casting process. The plant appeared to have regained its vitality after a period of stagnation.The In July 27, 2026

KOSPI Rises 0.97% at Close After Midday Decline Amid Foreign Selling The KOSPI index, which had turned lower due to significant foreign selling, closed higher thanks to buying from individual and institutional investors. After starting the day with a rise of over 1%, the index fell back due to increased foreign selling but managed to rebound with renewed buying interest.On July 27, the Korea Exchange reported that the KOSPI closed at 6,755.75, up 65.13 points (0.97%) from the previous trading day. The index opened at 6,806.27, up 115.65 points (1.73%), but turned July 27, 2026