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Finance
Woori Bank to support Jeonbuk Gochang offshore wind project with productive finance
Woori Bank will provide financial support for the Jeonbuk Gochang offshore wind power project, a 400 billion won development. The bank said it signed an agreement with Jeonbuk Special Self-Governing Province, Gochang County, the National Credit Union Federation of Korea and others to promote regional industry using “productive finance” support. The 76.2-megawatt facility will be built and operated off Gochang, with power to be supplied to strategic industries in the province.
Industry
Musinsa Kicks opens at Starfield Goyang, its first store in a mixed-use mall
Musinsa's shoe select shop brand Musinsa Kicks has expanded into mixed-use shopping malls. Musinsa opened the Musinsa Kicks Starfield Goyang store on Friday, its third offline location after Hongdae and Seongsu and its first in a mixed-use mall. The retailer said the move aims to diversify its customer base beyond Seoul’s key commercial districts toward lifestyle consumers and family shoppers in the northern Gyeonggi region.
Finance
Banksalad revamps loan management screen, offers ways to cut interest
Banksalad has revamped its "Loan Home" screen to strengthen loan management and interest-cutting features. The company said it now configures the user interface based on whether customers hold loans and on their credit status, and guides them on ways to reduce loan interest. The screen has two tabs, prioritising "My Loans" for existing borrowers and "Find Loans" for those seeking new loans. It also places an interest-reduction feature launched in May on the front page.
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Industry
Mobilint enters USB-connected AI accelerator market
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Finance
GLN International links with SeoulPay, expands QR payment merchants to 1.5 million
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AI & Enterprise
Clion appoints former KT Cloud executive Kim Joo-sung as CEO to expand AI, cloud business
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Telecommunications & Media
U.S. Republicans target South Korea's 'false information law', say it threatens free speech
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Crypto
Strategy's Michael Saylor raises $15 billion with ChatGPT-designed preferred stock
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Crypto
Cuomo urges passage of crypto Clarity bill, saying industry needs clear lines
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AI & Enterprise
NHN Cloud starts up 'FactoryX Seoul' AI data centre
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AI & Enterprise
Yanolja Partners launches 'Stay Arijae' hostel brand
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Telecommunications & Media
LG HelloVision HelloMobile launches six Kyobo Bookstore plans
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Telecommunications & Media
KTis runs '114 call a taxi' service for digitally vulnerable groups
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AI & Enterprise
Fintech firm Finger acquires Michelo Robotics, enters physical AI market
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Crypto
Bitcoin developer says he gave up buying more over self-custody fears
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AI & Enterprise
Korea Research Foundation becomes first research management body to earn AI ethics compliance mark
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Games & Commerce
Naver Q2 operating profit down 0.2 percent on expanded AI infrastructure investment
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Crypto
Violence targeting crypto owners rising, spreading to physical threats - Chainalysis report