Korea Daily News (July 12, 2024)

Economy and Finance

  • National Pension Fund Depletion Issue: There is growing discontent among the younger generation, with comparisons being made to a Ponzi scheme.
  • SK Telecom T Deal Hyundai Motor Event: Hyundai is hosting an event to give away the new electric car, Casper Electric.

 

Exhibitions and Culture

  • Lotte Museum Daniel Arsham Exhibition: An imaginative exhibition where a corroded statue of Athena crashes on Mount Bukhan in 3024.
  • Kith Seoul Opening: Kith opens a larger store in Seongsu-dong compared to its New York location.
  • Cha In-pyo’s Novel Becomes Oxford University Essential Reading: Actor and novelist Cha In-pyo’s novel is designated as essential reading at Oxford University.

 

Business and Industry

  • Hansae MK Named Global Partner: Selected as the best partner by U.S. children’s clothing company Haddad.
  • ToBeSoft Restructures to Technology-Centric Company: Approved capital reduction and director appointment at an extraordinary general meeting.
  • Kakao Piccoma Webtoon Studio: Collaborating with Metacraft and Dongju to produce global webtoon content.
  • Apple Vision Pro Low Sales: Decline in quarterly sales.
  • Samsung Asset Management AI Power Equipment ETF: ETF rises by including AI-related power equipment companies.

 

Technology and Innovation

  • OpenAI Phased AI Development: Current stage is early, with the ultimate goal of surpassing human intelligence.
  • Naver Z Flip Exclusive Widget: Launches tools widget tailored for the Galaxy Z Flip cover screen.

 

Miscellaneous

  • KakaoBank Donates to UNICEF: Supports future generations exposed to global climate crisis.
  • Teuni Teuni Hong Kong Global Center Opening: The first overseas center of the infant play and physical education brand opens.