Hong Jun-pyo Resumes Law Practice, Focusing on Consultations Hong Jun-pyo, the former mayor of Daegu, is resuming his law practice. This comes after he declared his retirement from politics following his defeat in last year's presidential primary.On the morning of September 11, Hong announced on his Facebook page, "I am starting my law practice again today," adding, "I have been unemployed for a while, but I am re-registering as a lawyer and beginning my work."He has not set up a separate office, stating, "I have registered my residence as my office," and September 11, 2026

Korean Won Surges to 1340s Against US Dollar Amid Rising Oil Prices and Treasury Yields The won-dollar exchange rate has surged into the 1340s.As of 9:18 a.m. on September 11, the exchange rate in the Seoul foreign exchange market stood at 1347.6 won per US dollar. The rate was trading at 1349.9 won as of 6 a.m., an increase of 10.7 won from the previous day's closing rate of 3:30 p.m.This rise appears to be influenced by a decline in risk appetite due to soaring international oil prices and rising US Treasury yields.On Wall Street, the three major indices fell for the fourth conse September 11, 2026

Kakao Union Opposes Small Merger, Considers Joint Action with Minor Shareholders The Kakao Labor Union is taking action against the company's plan for a corporate split. The union is urging members and minor shareholders to express their opposition to the small merger between Kakao and Kakao Investment, and is considering joint action with minor shareholders depending on the company's explanations and negotiations in the future.On September 11, the Kakao branch of the National Chemical, Textile, and Food Industry Workers' Union stated its opposition, citing insufficient expl September 11, 2026

Sempio Shares Surge for Second Day Following Major Stock Buyback Announcement Sempio's stock has continued to rise for a second consecutive day following the announcement of a significant stock buyback, which accounts for 30% of its total issued shares.According to the Korea Exchange, as of 9:34 a.m. on September 11, Sempio's shares were trading at 67,300 won, up 11,600 won (20.83%) from the previous trading day. After hitting the daily limit the day before, the stock jumped over 20% in early trading today, reflecting strong buying interest.The surge in share price is att September 11, 2026

KOSPI Plummets Over 3% as U.S. Interest Rates and Oil Prices Surge The KOSPI index opened sharply lower, dropping over 3% and falling below the 7,000 mark due to rising U.S. long-term interest rates and international oil prices. The U.S. Producer Price Index (PPI) for August exceeded expectations, while oil prices surpassed $100 per barrel, and the yield on 10-year U.S. Treasury bonds approached 5%, heightening concerns over inflation and interest rate hikes. However, analysts suggest that if the August Consumer Price Index (CPI) aligns with market expectations September 11, 2026

Assessing Development Potential Before Purchasing Land What is the most important consideration for developers embarking on a project? While a solid business idea, sufficient funding, and strong project management skills are crucial, the first question to address is, "Can I actually carry out my intended project on this land?"In my experience, most developers purchase land before moving forward with their projects. They assess the location, price, and surrounding development information, deeming the land viable for their project, and then proceed wi September 11, 2026

KB Insurance Assigns Employee Numbers to AI Agents for Performance Evaluation KB Insurance has assigned employee numbers to its artificial intelligence (AI) agents to manage them like actual organizational members.On September 11, KB Insurance announced that it has assigned employee numbers to six AI agents currently in use.These AI agents are evaluated to perform roles exceeding the workload of a single employee over a month.The AI agents, now with employee numbers, will be systematically managed like regular employees, including their assigned tasks, roles, scope of wor September 11, 2026

Kim Seung-won Denies Nepotism Allegations Over Judge's Son Hiring Kim Seung-won, the nominee for Minister of Justice, denied allegations that he hired the son of a judge who dismissed an arrest warrant for the founder of Genensel as a legislative assistant in his office. He also clarified accusations that he sought approval for Genensel's COVID-19 treatment clinical trials, stating he was merely conveying the difficulties faced by small businesses.On the morning of September 11, as he arrived at the preparation office for his confirmation hearing in Jongno, Se September 11, 2026

Kenya's Mombasa-Nairobi Railway Turns Profit After Nine Years of Criticism The Mombasa-Nairobi Standard Gauge Railway (SGR), a flagship project of China's Belt and Road Initiative in Africa, has turned a profit for the first time since its opening nine years ago, despite facing criticism from Western nations as a 'debt trap' project.Since its launch in 2017, the SGR has been a focal point of criticism, particularly from Western media, which argued that China was burdening African countries with large loans that would be difficult to repay, using strategic assets like p September 11, 2026

NH Nonghyup Bank Hosts Wealth Management Seminar for Top Clients NH Nonghyup Bank announced on September 11 that it held a wealth management seminar for its top clients to celebrate the launch of the 'the Origins Card.'The event took place on September 10 at the Seoul Dragon City in Yongsan, Seoul, and was attended by 100 of the bank's best clients. NH Nonghyup Bank organized the seminar to provide a variety of financial and cultural content and to showcase wealth management services tailored to individual client needs.Wealth management specialists from the b September 11, 2026