Korean Financial Holding Shares Surge as Employees and CEOs Cash In on Stock Gains As bank stocks climb sharply amid a broader rally that has pushed the Kospi to the 5,800 level this year, more bank employees are selling company shares. Workers who bought employee stock for loyalty reasons or to claim up to 4 million won in annual income deductions are taking profits as prices hit levels they have not seen since joining their firms. Paper gains have also grown for chief executives who bought shares as part of efforts to show management accountability. According to the financial industry on the 23rd, Woori Financial Group’s employee-shareholding ratio fell to 7.78% in December from 7.88% in the third quarter of last year. The ratio is expected to edge down again in the first quarter. Employee shares can be sold after being withdrawn from the employee stock ownership association into an individual brokerage account, and the withdrawn shares are typically sold on the market. The selling is widely attributed to a recent surge in prices as bank stocks have been cited as beneficiaries of the Kospi’s rise to the 5,800 range. KB Financial Group shares rose to 168,700 won on the day from 82,000 won on Feb. 24 last year. Over the same period, Shinhan Financial Group climbed 116% to 101,800 won from 47,200 won, and Hana Financial Group jumped 107% to 129,100 won from 62,500 won. Woori Financial Group advanced to 40,300 won from 17,420 won. Many bank employees buy about 300,000 to 400,000 won worth of company shares each month, often for tax-deduction purposes. With prices soaring, sales have increased, contributing to a decline in employee-shareholding ratios at major financial holding firms, including Woori Financial. “Employee shares are usually intended for long-term holding, and selling at a peak can be treated as income and may mean paying more tax,” a financial industry official said. “Taking that into account, there is movement to sell at an appropriate level.” CEOs who bought shares to underscore accountability have also seen their paper gains swell. Shinhan Bank CEO Jeong Sang-hyeok holds 15,551 shares of Shinhan Financial. He bought 2,000 shares in January last year at 48,400 won per share, for a gain of 106.8 million won compared with the price at the time of purchase. KB Financial Chairman Yang Jong-hee bought 5,000 shares in March 2024 at 77,000 won per share. With the stock topping 160,000 won on the day, his paper gain reached 458.5 million won. Hana Financial Chairman Ham Young-joo bought 5,000 shares in December 2024 at 58,862 won, for a gain of 351.19 million won. Woori Financial Chairman Lim Jong-ryong, who bought 10,000 shares in September 2023 at 11,880 won, posted a gain of 284.2 million won. Financial holding firms expect shares to rise further and plan to step up outreach to overseas investors. Working-level staff at major groups are expected to meet with JPMorgan staff visiting South Korea in early March to present value-up policies and strategies for new businesses such as stablecoins. 2026-02-23 16:15:00

National Museum of Korea chief calls for second permanent gallery, deputy director post Yu Hong-jun, director of the National Museum of Korea, said Monday the museum urgently needs to expand both its facilities and its organization as visitor numbers continue to climb. Speaking at a Kwanhun Forum at the Korea Press Center in central Seoul, Yu said the museum should push ahead with building a second permanent exhibition hall. The museum currently operates one permanent exhibition building and two special exhibition halls. The permanent galleries include seven sections and 39 rooms. Yu said the museum, which drew 6.5 million visitors last year, can no longer meet growing demand at its current scale. He said the existing exhibition space was designed for an annual target of 2 million visitors, with a maximum daily capacity of 15,000, but more than 40,000 people enter during peak periods. He also called for creating a deputy director post, saying it is urgently needed in line with international practice. Yu said related ministries, including the Ministry of Culture, Sports and Tourism and the Ministry of the Interior and Safety, share that view and are in close talks. On charging admission, Yu stressed the goal is not to raise revenue. He said the museum is not pursuing paid entry to prevent overcrowding, and “certainly not” to bolster finances, but to maintain order through measures such as reservations and fast-track entry. Yu also said museums and art museums often miss chances to buy needed artifacts because purchasing procedures are complex and accounting rules are strict, suggesting directors should be given more discretion. * This article has been translated by AI. 2026-02-23 15:51:18

IVE Expands Its Story With Second Full Album 'REVIVE+' IVE said it is moving beyond the self-assured, “me”-centered narrative it has built so far and expanding its focus to “us.” A comeback showcase for the group’s second full-length album, “REVIVE+,” was held Monday afternoon at YES24 Live Hall in Seoul’s Gwangjin district. Rather than a declaration of change, the album is framed as a rekindling — widening IVE’s perspective from “me” to “us.” Leader An Yu-jin introduced the album by saying, “'REVIVE+' carries the meaning of rekindling — lighting the fire again,” adding, “It’s not just about starting over; it reflects our strong ambition to spread the flames that burn under the name IVE even further.” Liz said, “This album includes a lot of new attempts. We took on a range of challenges in both performance and music, so I hope the public will see us with fresh eyes.” The title track “BLACKHOLE” is a shuffle-based song with a cinematic mood inspired by the film “Interstellar.” With expansive sound and film-like textures, it aims for immersion and a strong hook, using the image of a black hole — where disappearance and birth coexist — to symbolically express IVE’s view of the present and a point of change. The album includes 12 tracks. Along with the double title tracks “BLACKHOLE” and “Bang Bang,” it features “Hide-and-Seek (Hush),” “Malware (Stuck In Your Head),” “Fireworks” and “HOT COFFEE.” It also includes solo songs from all members: Jang Won-young’s “8,” Gaeul’s “Odd,” Leeseo’s “Super ICY,” Liz’s “Unreal,” Rei’s “In Your Heart” and An’s “Force.” Gaeul said the decision to include many solo tracks came as the group prepared for concerts. “We thought a lot about how to show new and diverse sides of IVE,” she said. “We believed the impact — and fans’ anticipation — would be big if we showed solo songs that capture each member’s charm. I’m happy so many people seem to be listening and loving them.” Jang added that the group’s concept has broadened. “If our previous albums focused on the subjectivity of ‘me,’ this time, as IVE has grown, we expanded into a worldview of ‘us,’” she said. “It’s a story of ‘us’ that includes not only the members but also listeners. I hope people feel positive energy from it.” Gaeul also pointed to “rekindling” as a key word. “We really wanted to show how we’ve changed and grown,” she said. “We chose the word ‘rekindling’ because we wanted to connect not only with ourselves but also with the public and listeners — and to offer comfort through that shared feeling.” Asked about future goals, Liz said she is prioritizing how the group is seen as artists over numerical achievements. “There’s a phrase I want to hear more than a record I want to beat: ‘an artist that makes you curious about what’s next,’” she said. “We’ve shown a princess-like image each time, but we tried something new this time. If people love these challenges, I think we can try even more in the future.” On measurable goals, Jang said it was too early to speak in detail before full promotions for “BLACKHOLE,” but added, “I want to fully feel the support and love that DIVE sends us. Since this album was made with fans in mind rather than numbers, we’ll promote it with a positive mindset.” IVE’s second full-length album “REVIVE+” will be released at 6 p.m. Monday on major online music platforms.* This article has been translated by AI. 2026-02-23 15:48:06

South Korean researchers identify brain circuit that senses salt levels to control intake SEOUL, February 23 (AJP) - A research team at Kookmin University has identified a neuroendocrine circuit in the brain that allows animals to dynamically adjust their salt intake based on internal sodium levels. The study, led by Professor Lee Young-seok of the Department of Bio and Fermentation Convergence, reveals how specific brain cells act as internal sensors to maintain salt balance. The findings are scheduled for publication in the weekly issue of the Proceedings of the National Academy of Sciences (PNAS) on February 24, 2026, following an online release on February 21. While taste is typically associated with receptors on the tongue, the body also possesses internal mechanisms to maintain homeostasis. When internal sodium levels are already high, the body instinctively limits further salt intake to prevent damage. The research team used Drosophila (fruit fly) models to demonstrate that certain neurons in the brain directly monitor the salt concentration of internal fluids to regulate this rejection response. The study highlights two key components: insulin-producing cells (MNCs) and Leucokinin (Lk) neurons, which are the insect equivalent of human Tachykinin. When internal salt levels are high, these neurons remain active to sustain a dislike for high-salt foods, preventing overconsumption. Conversely, when the body lacks salt, the Leucokinin signal stimulates the insulin-producing cells to shift the animal's preference, making it consume high-concentration salt that it would normally avoid. Significantly, the research proves that these neurons function as a central sodium sensor that operates independently of external signals from the tongue or esophagus. This means the brain itself tastes the salt levels within the body's internal environment to dictate behavior. Professor Lee Young-seok stated that the study identifies the endocrine mechanism by which the brain monitors internal salt concentrations and modifies behavior accordingly. He noted that because this principle is similar to how mammals maintain salt balance, the research provides a basis for understanding why patients with hypertension or diabetes might consume high amounts of salt and could point toward new therapeutic targets. The study was supported by the Basic Research Program in Science and Engineering through the National Research Foundation of South Korea. The research team was led by Professor Lee Young-seok, with Puri Sonali and Sang Ji-woon serving as co-first authors. (Paper information) Journal: Proceedings of the National Academy of Sciences (PNAS) Title: Insulin and leucokinin pathways coordinate adaptive salt appetite in Drosophila DOI: https://bit.ly/4sakqHg 2026-02-23 15:47:55

Caps, flowers, and farewells in February commencement SEOUL, February 23 (AJP) -Commencement season has returned. On Sunday, a degree conferment ceremony for February 2026 graduates was held at the open-air amphitheater on the Sinchon campus of Yonsei University. A total of 5,597 students received degrees, including 2,839 undergraduates, 2,252 master’s students and 506 doctoral candidates. Wearing academic gowns and caps, graduates gathered under clear winter skies, marking the formal end of their academic journey. Family members and friends filled the surrounding seats, offering applause, cheers and words of encouragement. Across the venue, crowds paused for photographs. Bouquets were exchanged, and small groups formed around graduates posing in front of campus landmarks. Some parents adjusted gowns and collars, while classmates compared schedules and future plans. The ceremony combined formality with personal moments. As names were called and degrees awarded, students stepped forward one by one, crossing from years of study into professional and personal independence. For many, the event marked both a conclusion and a transition — the end of campus life and the beginning of new careers, further studies or overseas opportunities. 2026-02-23 15:42:05

Spring waits indoors at Gwangmyeong flower complex SEOUL, February 23 (AJP) -Cold mornings and sharp winds still signal the tail end of winter. Frost lingers on sidewalks, and heavy coats remain necessary outdoors. Inside the garden shops at the Gwangmyeong flower complex, however, the season looks different. Rows of flowers are already in full bloom under controlled temperatures and lighting. Brightly colored blossoms line shelves and tables, while potted plants are arranged neatly along narrow aisles. Wholesale owners are preparing early for the spring shopping season. Each day, they water plants, adjust humidity and temperature, and inspect leaves and roots. Many begin work before sunrise to manage new shipments and organize displays. The complex supplies more than seasonal flowers. It also handles a wide range of succulents, small fruit trees, herbs and ornamental plants. Gardening tools and decorative items are stacked nearby, ready for customers planning home and balcony gardens. Most visitors have yet to arrive in large numbers. For now, shop owners focus on cultivation and maintenance, anticipating increased demand as temperatures rise. While winter remains outside, these indoor gardens are already set for spring. By the time warmer days arrive, the flowers will be ready — grown, arranged and waiting for shoppers seeking an early taste of the new season. 2026-02-23 15:38:05

S. Korean researchers develop AI that transforms single observer video into first-person perspective SEOUL, February 23 (AJP) - Researchers at the Korea Advanced Institute of Science and Technology have developed an artificial intelligence model capable of converting a standard video of a person into a high-quality video showing exactly what that person was seeing. The technology, named EgoX, reconstructs a first-person perspective using only a single third-party video as a source. This development addresses a significant hurdle in the fields of augmented reality, virtual reality, and robotics. While first-person data is essential for training AI and creating immersive content, it typically requires subjects to wear expensive action cameras or smart glasses. By eliminating the need for wearable hardware, the new model allows researchers to generate first-person data from the vast amount of existing video footage already recorded by outside observers. The EgoX system works by analyzing the three-dimensional structure of the environment and the specific movements of the person in the video. Rather than simply rotating the camera angle, the AI calculates the person's exact position and posture to recreate the scene from their eyes. It specifically models the relationship between head movement and visual field, ensuring that when a person in a video turns their head, the generated first-person view shifts naturally. In testing across various daily activities such as cooking and exercising, the model maintained high visual quality without the glitches often found in earlier conversion attempts. Because it understands the geometry of the space, the AI can accurately estimate depth and surroundings even when the lighting or movement in the original video is complex. The technology is expected to have an immediate impact on immersive media and robotics. In the metaverse and VR industries, it can turn standard broadcasts into experiences where users feel as if they are the protagonist. For robotics, it provides a way for machines to practice imitation learning by seeing human tasks from the correct physical perspective. Professor Ju Jae-geul, who led the research, stated that the significance of the work lies in the AI learning to reconstruct human vision and spatial understanding. He noted that the environment is now being created where anyone can produce immersive content using previously filmed videos. The research was a collaborative effort involving Kang Tae-woong and Kim Ki-nam, doctoral students at KAIST, and Kim Do-hyun, an undergraduate researcher at Seoul National University. The findings were first shared on the preprint server arXiv on December 9, 2025, and will be officially presented at the IEEE/CVF Conference on Computer Vision and Pattern Recognition in Colorado on June 3, 2026. The project was supported by the Ministry of Science and ICT through the National Research Foundation of South Korea and the Korea Institute of Science and Technology Information. (Paper information) Journal: The IEEE/CVF Conference on Computer Vision and Pattern Recognition (CVPR) Title: EgoX: Egocentric Video Generation from a Single Exocentric Video DOI: https://keh0t0.github.io/EgoX/ 2026-02-23 15:31:57

Taegeukgi in full bloom ahead of March 1 Independence Movement Da SEOUL, February 23 (AJP) -A line of Taegeukgi stretches quietly through the trees at Hyochang Park, marking the 107th anniversary of the March 1 Independence Movement. From Hyochang Park Station to the park’s main entrance, a 510-meter walkway has been transformed into a corridor of national symbols. More than 300 Korean flags are attached to tree trunks and branches, creating a continuous display that follows the natural curve of the path. Installed from Feb. 21 to March 8, the project is designed to bring remembrance into everyday spaces. Rather than gathering people in a single square, it places history along a route used daily by commuters, joggers and nearby residents. As pedestrians pass beneath the flags, the scene invites a brief pause. Some slow their steps. Others lift their phones. Many simply look up, momentarily drawn out of routine. The white fabric, marked by red, blue and black, stands out against bare winter branches. From a distance, the rows resemble blossoms, suggesting both renewal and continuity. Up close, each flag recalls the collective spirit of 1919, when ordinary citizens filled the streets to demand independence. The installation honors independence activists while encouraging reflection in ordinary moments — on the way to work, during an afternoon walk, or while heading home. In this corridor of trees and symbols, remembrance does not rely on speeches or ceremonies. It unfolds quietly, one step at a time, reminding visitors that history remains present in daily life. 2026-02-23 15:30:53

BTS Comeback D-26: After Gwanghwamun, book cinema seats for 'ARIRANG' concerts SEOUL, February 23 (AJP) - Global K-pop powerhouse BTS is taking an unconventional, fan-first approach to its long-awaited comeback, blending free outdoor performances, livestreaming, and cinema screenings to reach audiences worldwide. Livestreaming to living rooms and screening concerts on silver screens — both free and paid — mark a departure from traditional commercial touring models, as the group reconnects with fans who have waited nearly four years for a full reunion. Alongside the free outdoor show at Gwanghwamun Square on March 21, which will also stream on Netflix, BTS will bring its sold-out stadium tour to movie theaters at affordable prices. Concerts scheduled for April 11 in Goyang, South Korea, and April 18 in Tokyo, Japan, will be broadcast live in more than 3,500 theaters across 75 countries. In some regions, screenings will be delayed because of time zone differences. Live cinema viewing allows fans to gather for real-time broadcasts of concerts and major events. In South Korea, screenings will be available at the country’s three major multiplex chains — CGV, Lotte Cinema, and Megabox — with tickets going on sale at 10 a.m. on March 25. Largest world tour to date BTS is set to launch its biggest-ever world tour, spanning 82 shows in 34 cities beginning in Goyang. The group will become the first Korean act to hold standalone concerts at several major stadiums, including Raymond James Stadium in Tampa, Sun Bowl Stadium in El Paso, Stanford Stadium, Gillette Stadium, M&T Bank Stadium, AT&T Stadium, King Baudouin Stadium, and Allianz Arena. The group is also expected to set a single-show attendance record at Tottenham Hotspur Stadium in London. BTS will release its fifth full-length album, “ARIRANG,” on March 20. From the album’s release through April 12, an immersive citywide project titled “BTS THE CITY ARIRANG SEOUL” will unfold across Seoul, featuring media installations, pop-up experiences and interactive events. Tickets for “BTS THE COMEBACK LIVE | ARIRANG,” the group’s first-ever performance at Gwanghwamun Square, will open Monday at 8 p.m. via NOL Ticket. Available sections include standing areas on the far right facing the main stage and reserved seating extending toward the statue of Admiral Yi Sun-sin Statue. Purchases are limited to one ticket per person. Some sections may have partially obstructed views because of stage structures and safety installations, with large on-site screens provided. Seoul Metropolitan Police Agency Commissioner Park Jeong-bo said authorities will intensify monitoring of potential crimes linked to the event, including proxy ticket purchases, resale at inflated prices, cyberattacks targeting ticketing platforms, and accommodation-related fraud near the venue. With outdoor stages, global cinema broadcasts and a record-setting stadium tour, BTS’s “ARIRANG” era is shaping up as one of the most expansive and accessible comeback projects in K-pop history. 2026-02-23 15:24:32

Jeno and Jaemin are the new duo unit from NCT with mini album "BOTH SIDES" SEOUL, February 23 (AJP) - NCT members Jeno and Jaemin will debut as a new unit Monday evening in Korean time with the release of their first mini album “BOTH SIDES.” The unit, NCT JNJM, will release their first mini album at 6:00 p.m. (0900 GMT) across major streaming platforms, alongside the music video for the title track "Both Sides" on the SMTOWN YouTube channel and other official platforms. “Both Sides” centers on the theme of duality, highlighting the contrasting yet complementary charms of the two members. Moreover, the album will consist of six tracks including the title track “Both Sides,” along with “I.D.O.L.,” “What It Is,” “Hashtag,” “Wind Up,” and “Sexier.” The title track “Both Sides” is a hip-hop dance tune featuring refined sound design, smooth drum beats, and a blend of vocal and rap performances. The lyrics convey a playful message about captivating someone through two distinct sides of one’s personality. Ahead of the release, NCT JNJM will host a countdown live broadcast titled “NCT JNJM ‘BOTH SIDES’ Countdown Live” at 4:30 p.m. through NCT’s official YouTube and TikTok channels, where the duo will introduce the album and share behind-the-scenes stories. “I know many fans have been waiting for this collaboration. I’m happy we can finally present something meaningful, and I’m looking forward to showing the new sides of ourselves through this unit,” Jeno said. Jaemin seconded: “Our chemistry is perfect. The album captures everything from elegance to sexy, and I hope fans are excited for our upcoming album.” Regarding the album’s concept, Jeno elaborated, “We focused on expressing the theme of duality through visual and musical aspects by putting emphasis on small details in our vocal lines and rap.” Jaemin added, “I think ‘Both Sides’ best represents our identity as a unit and the direction we want to strive toward.” NCT JNJM is the latest unit formed under the NCT umbrella, following NCT DoJaeJung. 2026-02-23 15:23:45