AI Pick
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Hanwha to Debut AI-Enabled Loitering Precision-Guided Weapon at Saudi Defense Show
Hanwha is set to unveil advanced weapons systems to the global market for the first time, including an artificial intelligence-enabled “loitering precision-guided weapon (L-PGW).” Hanwha Aerospace, Hanwha Systems and Hanwha Ocean said Tuesday they will take part in the World Defense Show 2026 in Riyadh, Saudi Arabia, from Feb. 8-12 with their largest-ever integrated booth, covering 677 square meters (including 50 square meters outdoors). The biennial show is being held for the third time t
February 4, 2026
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Hanwha Ocean Tops 1 Trillion Won in Operating Profit After 3 Years, Labor Tensions Loom
Hanwha Ocean has reached 1 trillion won in operating profit three years after its launch, strengthening earnings stability across Hanwha Group as the shipbuilder focuses on LNG carriers and specialty vessels. According to the industry on Tuesday, Hanwha Ocean said in a regulatory filing that its 2025 consolidated revenue rose to 12.6884 trillion won and operating profit climbed to 1.1091 trillion won as sales of commercial and specialty ships increased. Revenue was up 18% from a year earl
February 4, 2026
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Mortgage Rates Top Unsecured Loan Rates at South Korea’s Five Biggest Banks
Mortgage rates at South Korea’s five biggest banks — KB Kookmin, Shinhan, Hana, Woori and NH NongHyup — have risen above unsecured personal-loan rates across the board, upending the usual pricing rule that secured loans cost less. The shift is increasingly being seen as a new normal, leaving borrowers facing maturities or rate resets weighing whether to use cheaper unsecured loans to pay down part of their mortgages. As of Feb. 4, the banks’ five-year fixed or hybrid mortgage rates rang
February 4, 2026
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Lotte Chemical posts 2025 operating loss of 943.6 billion won as deficit widens
Lotte Chemical said Tuesday it posted 2025 consolidated revenue of 18.483 trillion won and an operating loss of 943.6 billion won. Revenue fell 7.1% from a year earlier, while the operating loss widened 3.2%. The company has remained in the red for four straight years since 2022, citing oversupply of commodity petrochemical products from China. In the fourth quarter, revenue totaled 4.7099 trillion won and the operating loss was 433.9 billion won. Its basic materials business — Lotte Ch
February 4, 2026
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FTISLAND’s Choi Min Hwan Says He Is Recovering After Fainting on Stage
FTISLAND drummer Choi Min Hwan has updated fans on his health after collapsing on stage. On Monday, Choi wrote on a fan community platform that he had never fainted since his debut and said he was surprised by what happened. “You must have been really shocked. I was, too,” he said. He said he had not been feeling well but did not realize it was that serious. “I’m recovering well now, eating well and resting, so I don’t think you need to worry too much,” he added. Choi said he would retur
February 4, 2026
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South Korea’s Rising Winter Sports Stars to Watch at the Milan-Cortina Olympics
The 2026 Milan-Cortina d’Ampezzo Winter Olympics are expected to be a key test of South Korea’s next generation in winter sports. The Games will show whether South Korea can broaden its medal hopes beyond ice events to snow sports, while a younger core takes on leading roles. ◆Short track: Lim Jong-eon, Kim Gil-li in focus Short track remains South Korea’s strongest Olympic sport, and Lim Jong-eon, 19, has emerged as a headline prospect. The International Olympic Committee said on its we
February 4, 2026
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Singer Kim Ho Joong Loses Lawsuit Against 180 Alleged Anti-Fans
Singer Kim Ho Joong, who is serving a prison sentence over a drunk-driving hit-and-run case, has lost a damages lawsuit he filed against 180 alleged anti-fans seeking about 700 million won. The Seoul Central District Court ruled at 2 p.m. Tuesday in the case Kim brought against Kang, identified only by the surname, and 179 others. Kim filed the lawsuit in June 2021, seeking 764 million won in damages from the 180 people over negative posts about him online. They were reported to have rai
February 4, 2026
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KakaoBank Posts Record 480.3 Billion Won Net Profit, Eyes Payments and Capital M&A
Internet-only lender KakaoBank said it posted another record year on the back of rising noninterest income such as fees, even as interest income fell. The company said it will focus this year on overseas business and mergers and acquisitions to secure longer-term growth drivers. KakaoBank said in a regulatory filing on Tuesday that its net profit for last year totaled 480.3 billion won, up 9.1% from 440.1 billion won a year earlier, marking its highest annual result. Interest income decli
February 4, 2026
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South Korea’s MU:DS museum brand to debut in Europe at Milan Korea House
South Korea’s national museum merchandise brand MU:DS is set to make its European debut. The National Museum Foundation of Korea said Tuesday it will present MU:DS at Korea House in Italy from Feb. 5 to 22 during the 2026 Milan-Cortina d’Ampezzo Winter Olympics. Korea House, operated by the Ministry of Culture, Sports and Tourism and the Korean Sport & Olympic Committee, will be set up at Villa Necchi Campiglio, a historic building in central Milan. The foundation said it plans t
February 4, 2026
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Korea Automotive Technology Institute, AP위성 sign MOU on space-mobility technology
The Korea Automotive Technology Institute said it is moving to strengthen global competitiveness in the space-mobility industry. The institute said it signed a memorandum of understanding with AP위성 on Tuesday at AP위성’s headquarters in Seoul’s Geumcheon district to cooperate on securing technological competitiveness in space mobility and building an innovation-driven industrial ecosystem. The institute said the agreement comes as major countries, including the United States with its
February 4, 2026