1+ hour, 19+ min ago   (616+ words) New land transaction permit applications for Seoul apartments totaled 3,012 in August, the lowest level since the entire city was designated a permit zone last October. Applications have now declined for four consecutive months after peaking at 8,896 in April. The Seoul…...

3+ hour, 49+ min ago   (447+ words) South Korean eco-friendly packaging startup Nanu is growing rapidly by solving the water, oil, and heat resistance limitations of paper containers with its proprietary water-soluble coating technology. Founded in 2021, the company received separable disposal labeling approval for paper in March…...

4+ min ago   (572+ words) South Korea's Personal Information Protection Commission inspected the latest models from five robot vacuum brands—Roborock, Samsung Electronics, LG Electronics, Ecovacs, and Xiaomi—and found that video, voice, and map data were being managed securely through encrypted transmission and on-device…...

9+ min ago   (427+ words) South Korean restaurant operators are facing structural pressure in which they take home less and less money even as sales climb. The share of revenue consumed by the so-called "prime cost" — food ingredients plus labor — surpassed 70% for the first time…...

14+ min ago   (467+ words) LG AI Research has unveiled its full lineup of "Expert AI" designed to solve difficult problems in manufacturing, science, and finance. The strategy is to move beyond general-purpose AI and boost business competitiveness with agentic AI that can independently predict,…...

17+ min ago   (557+ words) The House Ways and Means Committee is scheduled to hold a markup on September 16 to review tax rules for crypto assets (virtual currencies). The main points of focus are a proposal to defer the taxation of tokens earned through mining…...

49+ min ago   (444+ words) South Korea's Gaon Cable will supply approximately 17 billion won (approximately $12.6 million) worth of ACF cables to floating solar projects including Seokmun Lake and Saemangeum Sunshine Sharing. This marks the first time ACF—which replaces conduit with aluminum cladding—has been…...

1+ hour, 11+ min ago   (186+ words) Conversely, high-priced areas continued their runaway trajectory, widening the gap with the Seoul average even further. Gangnam-gu's ratio to the Seoul average soared from 2.41x in January to 2.69x in August, while Seocho-gu jumped from 1.68x to 1.95x and Songpa-gu from 1.74x to 1.99x. Seongdong-gu also…...

1+ hour, 16+ min ago   (371+ words) Hana Securities raised its target price for GS Engineering & Construction from ₩36,000 to ₩40,000 (approximately $30) while maintaining a buy rating, citing expectations for a fourth-quarter order on the Donghae AI data center project. GS E&C plans to build a total 2.4GW data…...

1+ hour, 52+ min ago   (411+ words) Meritz Securities maintained its Buy rating and 40,000 won (approximately $30) target price on LS Marine Solution, projecting annual operating profit to exceed 140 billion won (approximately $104.2 million) by 2030. The brokerage's analysis indicates submarine cable demand will roughly triple by 2030, while European interconnector…...