Journalist
오오타니 사토시 기자/ [번역] 이경
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K-Bank's Small Business Loans Exceed 3 Trillion Won, Focus on Guarantees and Collateral K-Bank is rapidly expanding its corporate finance sector, primarily through small business loans. By increasing the proportion of loans based on guarantees and collateral, the bank has enhanced its stability while significantly reducing its delinquency rate, achieving growth alongside improved financial health. As of May, K-Bank announced that its small business loan balance has surpassed 3 trillion won. This marks a 1 trillion won increase within just six months after exceeding 2 trillion won in November of last year. The balance of guarantee loans has surged 76% this year, rising from 330 billion won at the end of last year to 580 billion won currently. The bank's fully online real estate collateral loan product, the CEO Real Estate Loan, has also seen a 40% increase, growing from 560 billion won at the end of last year to 780 billion won now. According to data from the Korea Federation of Banks, K-Bank's average interest rate for small business collateral loans was 3.44% as of the end of the first quarter, the lowest in the banking sector. This competitive rate allows small business owners to refinance loans from other financial institutions, including mutual finance, savings banks, credit cards, and capital companies, thereby alleviating their interest burdens. K-Bank continues to provide credit to small business owners with lower credit ratings. By enhancing its credit assessment model and utilizing various alternative data sources, including telecommunications, platforms, and card merchant information, the bank has improved access to finance. As of the end of the first quarter, the proportion of small business credit loans for mid-to-low credit borrowers reached 34%. The strategy of expanding corporate loans focused on small businesses has proven effective, with the bank's net profit for the first quarter rising 106.9% year-on-year to 33.2 billion won. The total number of customers also increased by 540,000 compared to the end of last year, reaching 16.07 million. The quality of the loan portfolio has also shown significant improvement. The proportion of guarantees and collateral within small business loans increased from 26% in the first quarter of 2025 to 43% in the first quarter of this year, establishing a stable portfolio. The delinquency rate improved dramatically from 1.38% to 0.55% during the same period, marking the lowest level among internet banks. K-Bank plans to launch dedicated credit loan products linked to major platforms and expand its offerings in real estate collateral loans and facility financing products to continue enhancing its competitiveness in corporate finance.* This article has been translated by AI. 2026-05-18 09:21:47 -
North America World Cup Faces Extreme Heat Risks, More Dangerous Than 1994 The 2026 FIFA World Cup, set to take place from June 11 to July 19 across 16 cities in the United States, Canada, and Mexico, is under a heat advisory. Climate scientists warn that nearly a quarter of the matches could be played in extreme heat stress conditions. On May 15, the World Weather Attribution (WWA), a multinational climate research group, emphasized in a public letter and analysis that due to global warming, players and fans at the 2026 World Cup will face significantly harsher heat and humidity risks compared to the 1994 tournament in the United States. The WWA utilized the Wet Bulb Globe Temperature (WBGT) index, which considers temperature, humidity, solar radiation, and wind, to assess the risk of heat. Their analysis predicts that 26 of the 104 matches will be played under conditions exceeding a WBGT of 26 degrees Celsius. According to guidelines from the International Federation of Professional Footballers (FIFPRO), a WBGT of 26 degrees mandates a "cooling break" for player safety. If the WBGT exceeds 28 degrees, it is deemed too dangerous to continue the match, and postponement or cancellation is recommended. The WWA anticipates that five matches during this World Cup will occur in conditions where FIFPRO would advise postponement due to WBGT levels above 28 degrees. This represents a significant increase in risk compared to the 1994 World Cup, where only 21 matches faced similar heat risks. The WWA noted that the likelihood of extreme heat conditions has nearly doubled since then. Infrastructure at the venues poses additional concerns. Of the 26 matches expected to exceed the heat threshold, 17 will be held in indoor stadiums equipped with air conditioning, located in cities like Dallas, Houston, and Atlanta. However, venues in Miami, Kansas City, Philadelphia, and New Jersey are outdoor facilities, leaving them exposed to hot and humid conditions. The safety of soccer fans is also at risk. Climate scientist Friederike Otto from Imperial College London warned, "While players are at risk, spectators gathering outside are in even greater danger. They may not have immediate access to medical assistance like the players do, making them more vulnerable to extreme heat." The final match, scheduled for July 19 at MetLife Stadium in New Jersey, is also at risk of extreme heat. The WWA forecasts a 12.5% chance that the match environment will exceed a WBGT of 26 degrees and a 2.7% chance of exceeding 28 degrees on that day. In response to growing concerns about heat, FIFA has initiated measures to address the issue. The organization has implemented a real-time weather data monitoring system that integrates WBGT and heat index readings. FIFA is prepared to activate emergency response protocols, including cooling breaks and match delays or postponements, in the event of extreme weather conditions.* This article has been translated by AI. 2026-05-18 09:18:26 -
Missing Woman Found Dead After Hiking in Bukhansan National Park A woman in her 50s who went missing after hiking in Bukhansan National Park was found dead 28 days after her family reported her disappearance. According to the Songpa Police Station in Seoul, the woman, identified as A, was reported missing by her family on April 17 at around 11:28 a.m. A's husband contacted her workplace around 9 a.m. that day after learning she had not shown up for work. He began searching for her and subsequently filed a missing person report with the police. Following the report, police analyzed CCTV footage and confirmed that A had traveled by bicycle to the vicinity of Gangbyeon Station in Gwangjin-gu, where she transferred to Line 2 of the subway heading toward Bukhansan in Gangbuk-gu. CCTV from Bukhansan National Park captured A ascending the mountain, but this was the last sighting of her. On May 15, a woman's body was discovered at the base of Nojeokbong Peak (716 meters above sea level) in Goyang, Gyeonggi Province. Authorities confirmed the identity of the deceased as A, who had been reported missing. The trail A took is known to be a shortcut that typically takes less than two hours to reach the summit. Police have reported no signs of foul play in A's death and are currently awaiting the results of an autopsy from the National Forensic Service to determine the exact cause of death.* This article has been translated by AI. 2026-05-18 09:16:59 -
Eric Du, Vice President of Huawei Korea, to Depart for Malaysia Eric Du, Vice President of Huawei Korea, will conclude his term in South Korea and relocate to Malaysia. His successor has not yet been announced. According to Huawei Korea, Du's tenure in South Korea will end soon. While Huawei typically operates on a three-year term, Du has served for four years. He expressed his gratitude, stating, "As I wrap up my time in Korea, I wanted to personally extend my thanks. This has been a special time, not just a job, where I learned the true power of technology, industry, and people." Du particularly praised the role of the South Korean media. He noted, "In a rapidly changing market, the Korean media has asked profound questions, viewing companies with both sharpness and warmth. Despite numerous global issues surrounding Huawei, Korean journalists have consistently worked to understand the realities of technology and industry rather than relying on simple frames or biases." He highlighted Huawei's focus areas in the South Korean market, including AI, cloud computing, digital transformation, green energy, and ICT talent development. Du stated, "I am deeply grateful for the serious consideration of how Huawei can collaborate with Korean society and for the attention given to this dialogue." Huawei Korea has been actively engaged in the domestic market, focusing on telecommunications equipment, cloud services, enterprise ICT solutions, green energy, and digital talent development. Despite ongoing concerns regarding Chinese ICT companies amid U.S.-China tech tensions and global supply chain shifts, Huawei has continued to seek connections within the local industry. Du emphasized, "Technology ultimately exists for people and society, a fundamental principle that I have come to reflect on. Technology is, at its core, a history of connection, and the media plays a crucial role in ensuring that these connections meet society appropriately." He concluded, "Although I am leaving Korea, my respect and affection for the Korean market and media will remain with me for a long time. I will cherish the connections with Korea, no matter where I am." Following Du's departure, Huawei Korea is expected to maintain its external communications and domestic business collaboration until a successor is appointed. 2026-05-18 09:15:46 -
Kang Dong-won, Um Tae-goo, and Park Ji-hyun Star in 'Wild Thing' with K-Pop and Comedy Elements The film 'Wild Thing' has unveiled key viewing points ahead of its release. Set to premiere on June 3, 'Wild Thing' is a comedy that follows a once-popular mixed-gender dance group, 'Triangle,' which disbanded overnight due to an unexpected incident. The story revolves around their reckless challenge to seize a chance at revival after 20 years. One of the most striking aspects is the cast's combination. Kang Dong-won plays Hyun-woo, the leader of 'Triangle,' showcasing both comedic acting and performance skills. Um Tae-goo portrays Sang-goo, a rapper with an introverted personality and intense passion, hinting at a transformation between rap and comedy. Park Ji-hyun takes on the role of the team's center, Domi, bringing refreshing energy and unexpected charm. Joining them is Oh Jung-se as Seong-gon, a ballad singer who has remained at number two for 39 weeks, adding humor with his unique presence. The performances of actors like Shin Ha-kyun are also expected to enhance the film's entertainment value. Expectations are high for this comedy film. 'Wild Thing' is a collaboration between the production team behind 'Extreme Job' and director Son Jae-gon. The premise of a disbanded group attempting to return to the stage after 20 years sets the stage for unpredictable situations and character mismatches that generate laughter. The comedic chemistry among the cast and the energy of K-pop performances aim to deliver an enjoyable cinematic experience. Music and performance are also key highlights. Composer Shim Eun-ji, known for working with groups like TWICE, SHINee, and IU, along with a JYP producer and choreography team, have contributed to the on-screen performances of 'Triangle.' The film features their debut and signature song, 'Love is,' along with tracks like 'Shout it Out' and 'I Like You,' reviving the essence of late 1990s to early 2000s dance music with a contemporary twist. The actors underwent extensive rehearsal for their performances. During the production press conference, Um Tae-goo mentioned commuting to the JYP headquarters for rap practice, stating, "I tried to practice as often as possible and practiced for about five months whenever I could." Kang Dong-won added, "While preparing for this project, I realized how hard it must be for idols, and I gained a lot of respect for them." The actors' preparation process, akin to an 'idol experience,' heightens anticipation for the performances in the film. The film also creatively connects its narrative with the audience. 'Wild Thing' utilizes the fictional group 'Triangle' as if they were real idols, engaging viewers through character accounts, music videos, cheering methods, and music releases. This expansion of the film's setting into content outside the theater adds to the enjoyment of the fictional group 'Triangle' even before its release. The styling and stage design evoke a Y2K aesthetic, blending visuals reminiscent of the late-century music scene with exaggerated situations typical of the comedy genre, completing the unique entertainment of 'Wild Thing.' With themes of revival, stage performance, music, and humor, there is keen interest in how this film will be received in theaters this June. 'Wild Thing' will be released nationwide on June 3.* This article has been translated by AI. 2026-05-18 09:13:11 -
NH Bank Launches Non-Face-to-Face MMT Subscription Service NH Bank is accelerating the expansion of its non-face-to-face services in response to changes in the digital financial environment.On May 18, NH Bank announced the launch of its non-face-to-face subscription service for specific money trusts (MMT), becoming the first bank to do so.MMT products aim to generate returns by investing in short-term financial instruments, such as issued notes. They are characterized by high liquidity, allowing for frequent deposits and withdrawals. Demand for these products has increased recently due to heightened interest rate volatility amid conflicts in the Middle East.With this new service, individual customers can receive product information and complete the subscription process through NH Bank's smart banking and other non-face-to-face channels, all conducted via video call without the need to visit a branch.An NH Bank representative stated, "This service was designed to enhance financial accessibility for customers who find it difficult to visit branches and to create a more convenient product subscription environment. We will continue to expand our digital services in the future."* This article has been translated by AI. 2026-05-18 09:07:22 -
LG Uplus Surpasses 2 Million USIM Updates and Replacements LG Uplus has reported that the cumulative number of updates and free replacements for subscriber identification numbers (IMSI) has surpassed 2 million. This figure represents approximately 12% of all subscribers, indicating that a majority still need to complete the replacement process, prompting the company to enhance its outreach efforts. As of May 17, LG Uplus processed a total of 2,014,527 updates and replacements, including 750,461 updates and 1,264,066 replacements since May 13. The cumulative processing rate stands at 11.8%. The IMSI, or International Mobile Subscriber Identity, is a unique number stored on the USIM chip that distinguishes subscribers within the telecommunications network. The transition involves changing the existing number structure to enhance security and improve the subscriber identification system. To inform all customers about the IMSI transition and the USIM updates and replacements, LG Uplus is providing additional notifications through May billing statements. Customers can find this information on paper bills, email statements, and electronic bills within the U+one app. For those who have not completed the update, a banner will appear in the U+one app to encourage online updates, and the FAQ section on the official website and app has also been expanded. The company has also broadened its channels. Starting May 15, U+ budget mobile customers can update or replace their USIMs for free at LG Uplus's direct stores and authorized dealers nationwide. Plans for additional outreach to digitally vulnerable groups are also under consideration. Lee Jae-won, Vice President of LG Uplus's Customer Division, stated, "The USIM updates and replacements are measures to enhance customer protection. We will continue to strengthen our guidance to ensure customers can easily recognize and participate in the process." 2026-05-18 09:06:00 -
BC Card Automates Financial Operations with Multiple AI Models, Reduces GPU Costs by 70% BC Card has enhanced the efficiency of its financial AI operations by connecting multiple specialized small AI models. This approach reduces costs and increases processing speed compared to the traditional method of relying on a single large language model (LLM). On May 14, BC Card unveiled its 'Agentic AI Operating Platform,' developed in collaboration with Red Hat, at the Red Hat Summit 2026 in Atlanta. The summit is an annual conference focused on open-source, cloud, and AI technologies hosted by the global open-source company Red Hat. The platform presented by BC Card combines several small language models (SLMs) tailored to specific tasks, allowing for simultaneous processing instead of concentrating all tasks on one LLM. Agentic AI refers to technology that enables AI to make decisions and take actions independently, beyond just providing simple answers. This structure has improved both the cost and speed of AI operations. SLMs can be optimized for specific tasks, yielding stable results while increasing inference speed by more than three times and reducing GPU resource usage by up to 70%. BC Card has leveraged its experience in processing over 10 billion payment transactions annually to develop an efficient AI operation method that distributes costly GPU resources effectively. This has led to faster service and lower operational costs. The platform is already being applied in real services. BC Card operates 'Eat.pl,' which analyzes real-time consumption patterns to recommend restaurants; 'BCGPT,' a generative AI platform that supports employee tasks; and 'MOAI,' which connects multiple AIs to automate tasks. Additionally, BC Card is making its self-developed AI models and specialized financial datasets available to the public. Approximately 38 LLMs have been released on the global AI open-source platform Hugging Face, achieving an average of over 100,000 downloads per month.* This article has been translated by AI. 2026-05-18 09:02:31 -
Yoon Suk Yeol and Donald Trump Discuss South Korea's Diplomatic Position Amid U.S.-China Relations South Korean President Yoon Suk Yeol held a 30-minute phone call with U.S. President Donald Trump, discussing the outcomes of the recent U.S.-China summit. This timely diplomatic engagement should serve as a moment to clarify South Korea's diplomatic stance amid the evolving U.S.-China relationship. According to the Blue House, President Trump explained the discussions surrounding U.S.-China relations, economic and trade matters, and the situations in the Korean Peninsula and the Middle East. The two leaders exchanged views on South Korea-U.S. cooperation and peace on the Korean Peninsula. Notably, the fact that the Korean Peninsula issue was discussed between the U.S. and Chinese leaders is significant, indicating that it is re-emerging as a topic in the strategic competition between the two powers. However, it is crucial to emphasize that South Korea must not remain in a position of merely 'receiving explanations.' The fact that this call was reportedly initiated at the request of South Korea should be viewed critically. If South Korea continues to receive information only after major agreements are reached between the U.S. and China, its diplomatic standing will inevitably diminish. Currently, U.S.-China relations are characterized by a phase of 'managed competition,' where conflict and cooperation coexist. While there are signs of collaboration in areas like tariffs and certain economic sectors, the fundamental nature of hegemonic competition remains unchanged. In this context, the Korean Peninsula issue could be leveraged as a bargaining chip in negotiations between the two countries. If South Korea fails to secure a leading role, its security and economy could be subject to the strategic calculations of other nations. Therefore, South Korea-U.S. cooperation must become more substantive and sophisticated. Beyond merely emphasizing the alliance in principle, it is essential to clarify South Korea's role and contributions in economic security areas such as semiconductors, batteries, energy, and defense industries, thereby securing a corresponding strategic voice. Alliances are maintained and strengthened not through declarations but through aligned interests. At the same time, diplomacy towards China must also maintain balance. China remains one of South Korea's largest trading partners, closely linked in terms of supply chains and industrial structures. Rather than leaning unilaterally towards the U.S. or China, a pragmatic approach based on national interests is necessary. This requires 'interest-based diplomacy' rather than 'watchful diplomacy,' meaning that South Korea must choose and act based on clearly defined strategic goals. The discussion of global issues, including the situation in the Middle East, during this call is also significant. It indicates that the scope of South Korean diplomacy is expanding beyond the Korean Peninsula. However, as the breadth of diplomacy widens, the core focus must remain clear. The fundamental pillars of peace on the Korean Peninsula, national safety, and economic stability must not be shaken. Next month’s G7 summit in France will be a crucial turning point. South Korea's diplomatic standing could change depending on its position regarding the restructuring of U.S.-China relations, Middle Eastern risks, and the reconfiguration of global supply chains amid complex crises. Diplomacy without preparation risks missing opportunities, while directionless diplomacy increases risks. Diplomacy is a competition of timing and initiative. Following this call, South Korean diplomacy must shift from 'reactive responses' to 'proactive strategies.' Establishing unwavering standards between the U.S. and China and strengthening practical diplomacy centered on national interests is essential. This is the most realistic path for South Korea to survive and thrive in an uncertain international order. 2026-05-18 09:01:32 -
2.32 million Taiwanese tourists attracted as K-Tourism Roadshow promotes central region The Korea Tourism Organization, led by President Park Seong-hyeok, successfully concluded a large-scale K-Tourism Roadshow in Taipei aimed at attracting Taiwanese tourists, a key market for South Korea, and promoting regional tourism. Taiwan has a high preference for regional tourism, with nearly half of its visitors to South Korea using local airports, making it a crucial target to overcome the crisis of regional decline. According to the Korea Tourism Organization on May 18, the "2026 K-Tourism Roadshow" held from May 15 to 17 at the popular cultural space Huashan 1914 in Taipei drew significant local attendance. Last year, 1.89 million Taiwanese tourists visited South Korea, setting a record for the second consecutive year following 2024. In the first quarter of this year, the number of Taiwanese visitors to South Korea also surged by 37% compared to the same period last year, reaching 540,000. ◆ Focus on Central Tourism Year with Cheongju Airport as a Hub The central theme of this roadshow was the "Central Tourism Year." Following last year's "Southern Tourism Year" centered around Gimhae Airport, this year’s focus shifted to Cheongju Airport, highlighting six regions: Gangwon, Chungbuk, Sejong, Daejeon, Chungnam, and Jeonbuk. Each local government set up special booths to showcase their unique content. Notably, cast members from the popular Taiwanese variety show "Hi Business Season 7," which recently filmed in Gangneung and Sejong, took the stage to share their experiences, boosting local interest in central region tourism. ◆ Monsta X and Chef Jung Ho-young Promote K-Lifestyle Marketing efforts featuring well-known personalities in Taiwan proved effective. Monsta X's Minhyuk introduced cycling destinations in South Korea during the opening talk concert, while Chef Jung Ho-young, popular from the show "Black and White Chef 2," demonstrated signature dishes from the central region, including Daejeon kalguksu, Sejong fried chicken, and Jeonju bibimbap. Cheerleader Nam Min-jeong, active in the Taiwanese professional baseball scene, also contributed to promoting her hometown of Daejeon. Additionally, a lifestyle pop-up booth themed "K-everything" received positive feedback. Hyundai Department Store and BGF Retail (CU) showcased K-fashion and cuisine, while a K-musical showcase featuring "Uncomfortable Convenience Store" added to the attractions. Hoo Soo-young, head of the Korea Tourism Organization's Taipei office, stated, "Taiwan is a key market for regional tourism, recording the highest growth rate in the first quarter for visitors to South Korea. With a goal of attracting 2.32 million visitors this year, we will continue to develop tailored products like 'Taiwan Only' to drive foreign tourist inflow to the regions." 2026-05-18 08:58:14
