AI Pick
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K Bank cuts IPO price range, seeks to reduce reliance on Upbit deposits
South Korea’s first internet-only bank, K Bank, is making a third attempt at an initial public offering after delaying twice. The bank said it lowered its proposed offering price and adjusted the amount of shares available on the first day of trading to better match market expectations. It also said it is working to reduce its reliance on deposits tied to crypto exchange Upbit. At a news conference in Seoul on Feb. 5, K Bank CEO Choi Woo-hyung said the bank prepared a “shareholder-frien
February 5, 2026
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IBK Industrial Bank of Korea posts record 2.7189 trillion won net profit in 2025
IBK Industrial Bank of Korea said it posted its best-ever results last year, helped by growth in lending to small and midsize enterprises and higher noninterest income supported by a more stable exchange rate. The bank said Thursday that its consolidated net profit rose 2.4% from a year earlier to 2.7189 trillion won. It said the figure was a record. On a standalone basis, net profit totaled 2.3858 trillion won. The bank attributed the steady earnings to investments in promising innova
February 5, 2026
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Comedian Kim Gu-ra’s Son Gree Says No Family Came to His Military Discharge
Broadcaster Kim Gu-ra’s son Gree, whose real name is Kim Dong Hyun, said he felt disappointed with his father over his military discharge. Gree appeared on MBC’s “Radio Star” on Feb. 4 with Kim Won Jun, Jo Hye Ryun and Hanhae. Gree said “all the parents came” to the discharge site. He said he did not invite his father when he first enlisted in the Marine Corps because he worried his sincerity could be seen as “marketing.” But he said most parents ask where to go for discharge, while his f
February 5, 2026
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Polaris Shipping Installs Starlink on 25 Bulk Carriers, Plans Autonomous Navigation Trials
Polaris Shipping, a carrier specializing in very large ore carriers and bulk ships, is accelerating its shift to smart shipping. The company said Wednesday it has completed installation of a Starlink-based satellite communications system on 25 of its bulk carriers and is moving ahead with plans to introduce a next-generation autonomous navigation system called HiNAS Control. Polaris Shipping said the rollout gives its bulk fleet stable, ultra-high-speed communications, enabling low-latenc
February 5, 2026
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Actor Lee Deok-hwa Recalls Being Dragged 50-60 Meters Under a Bus in Crash
Actor Lee Deok-hwa has recounted a serious traffic accident he suffered in his 20s. On the Feb. 4 broadcast of tvN’s “You Quiz on the Block,” Lee said people can become less cautious as their careers improve, adding, “The moment you start showing off, an accident happens and something terrible follows.” He said a bus, which he estimated can weigh about 10 tons when full, was on top of a motorcycle — and he was beneath it. Lee said he was pinned by the weight and dragged a long distance.
February 5, 2026
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AP: Mavericks Trade Anthony Davis to Wizards One Year After Luka Doncic Deal
The Dallas Mavericks have traded Anthony Davis to the Washington Wizards. The AP reported on Wednesday that Dallas and Washington agreed to a blockbuster deal. Washington received Davis, Jaden Hardy, D’Angelo Russell and Dante Exum. Dallas got Khris Middleton, AJ Johnson, Malaki Branham and Marvin Bagley III, along with two first-round draft picks and three second-round picks. The move drew attention because it includes Davis. In February last year, Dallas sent franchise star Luka Donci
February 5, 2026
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BYD Korea Unveils Dolphin Electric Hatchback, Starting at 24.5 Million Won
BYD Korea on Wednesday unveiled the BYD Dolphin, a small electric hatchback aimed at the urban EV market. The company said the Dolphin is optimized for city driving, with efficient packaging and a price positioned to appeal to first-time EV buyers, commuters and consumers looking to downsize. Its exterior follows BYD’s EV design concept, “Ocean Aesthetics,” reinterpreting the dolphin’s flowing curves and movement in a modern style. Despite its compact size, the Dolphin has a 2,700-milli
February 5, 2026
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K Bank Makes Third KOSPI IPO Bid, Targets SME and Platform Growth
인터넷전문은행 케이뱅크가 설립 10주년인 올해 유가증권시장(코스피) 상장을 위한 세번째 도전에 나섰다. 새해 들어 코스피지수가 5000선을 넘어선 가운데 케이뱅크는 SME(개인사업자, 중소기업) 시장 진출과 플랫폼 비즈니스 기반 구축, 디지털 자산 분야 경쟁력 강화에 속도를 내며 성공적으로 증시에 안착하겠다는 각오다. K Bank, a South Korean internet-only bank, is making its third attempt to list on the Korea Stock Exchange’s main KOSPI market in its 10th anniversary year. With the KOSPI index topping 5,
February 5, 2026
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Peugeot Launches All-New 5008 Smart Hybrid Seven-Seat SUV
Peugeot said Wednesday it has launched the seven-seat family SUV “All New 5008 Smart Hybrid” and has begun full-scale sales. The All New 5008 is billed as a “real French SUV,” with planning, engineering, design and production completed in France. Peugeot said it emphasizes family-focused space and practicality, along with the brand’s distinctive design. Peugeot said the model combines a 2,900mm wheelbase with a seven-seat layout and a smart-hybrid system, positioning it for both daily dr
February 5, 2026
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7th-Century Baekje Bamboo Flute Found in Palace Latrine Pit, Officials Say
A 7th-century transverse wind instrument believed to be a Baekje “hoengjeok” (side-blown flute) has been unearthed at the Gwanbuk-ri site in Buyeo, South Korea, officials said. Researchers called it the first confirmed physical wind instrument from the Three Kingdoms period, a find they said could provide a key clue for reconstructing Baekje-era music. The Korea Heritage Service’s National Research Institute of Cultural Heritage and its Buyeo research center on Wednesday 공개했다
February 5, 2026