Ministry of Oceans and Fisheries Holds ‘Fishermen’s Day’ Event with Half-Price Discounts on Seafood
The Ministry of Oceans and Fisheries in South Korea is holding the ‘Korea Fishery Products Exhibition – Fishermen’s Day Special Exhibition’ from March 19th to April 6th to promote the…
Unprecedented Exchange Computer Glitch Caused by ‘Mid-price Order Error’
Korea Exchange has identified the cause of a recent computer glitch during trading hours as a conflict between new ‘mid-price orders’ and existing logic. The glitch, which led to a…
Unprecedented Exchange Computer Glitch Caused by ‘Mid-Price Order’ Error
The Korea Exchange has identified a computer glitch that caused a trade delay as a conflict between new ‘mid-price orders’ and existing logic. The glitch resulted in a discrepancy between…
Landlords of Homeplus Stores in Hot Water as Rent Payments Cease, Struggling with Interest Repayment
Real estate funds owning Homeplus stores as assets are unable to collect rent after Homeplus’s application for corporate rehabilitation. Financial institutions that lent money to these funds are pressuring them…
Hanwha Ocean Secures Order for Six Ultra-Large Container Ships from Evergreen
Hanwha Ocean has secured an order for six ultra-large, environmentally friendly container ships powered by LNG dual-fuel engines from Evergreen, one of the world’s largest shipping companies. These 24,000 TEU…
Yongin City Provides Precautions for Lease Contracts
Yongin City is providing a self-diagnostic program and guide to ensure safe rental contracts during the moving season. The initiative aims to prevent damages from insecure contracts due to lack…
Gold Prices Continually Set Record Highs, Gold Banking Nearing 1 Trillion Won Milestone
The balance of gold accounts in South Korean banks is nearing 1 trillion won ($880 million) for the first time, driven by increased demand for safe assets amid the intensifying…
Carrot to Compensate for Fraud Damages with Introduction of ‘Safe Compensation System’
Carrot has launched a ‘Safe Compensation System’ to cover fraud damages in transactions using Carrot Pay’s secure payment. The system compensates users for fraud damages in second-hand transactions, allowing victims…
Seoul Apartment Transactions Increase Following LTPS Removal, but Row and Multi-family Houses Remain Sluggish
Following the lifting of the Land Transaction Permission System (LTPS), apartment transactions in Seoul have increased, while transactions for row and multi-family houses have been sluggish, according to real estate…
DT Networks Opens First BYD Auto Showroom in Busan and Gyeongnam Region
DT Networks, a subsidiary of Deutsche Automobil Gruppe, has opened the BYD Auto Busan Suyeong showroom in Busan, South Korea. This is the first BYD Auto showroom in the Busan…