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Industry

K battery makers sink deeper into losses this year, eye ESS and robots as exit

LG Energy Solution, Samsung SDI and SK On are expected to re-enter a loss-making phase as slowing electric vehicle demand cuts utilisation rates and cancellations add to fixed-cost burdens. Analysts point to uncertainty tied to U.S. incentives and customers, while the government has voiced concern over the three-company structure. Energy storage systems are seen as a near-term outlet, alongside supply-chain shifts away from China and growing interest in robot batteries.

Finance

Online loan refinancing for sole proprietors to open, internet banks race to dominate

South Korea plans to introduce an online loan refinancing service for sole proprietors within the first quarter, with system development among banks, platforms and the Korea Financial Telecommunications and Clearings Institute nearing completion. The Financial Services Commission aims to ease interest burdens in a high-rate environment by spurring competition. Internet-only banks are expanding small business lending, while lending by the five biggest commercial banks slipped year on year.

Crypto

Gambling or information source? Prediction markets grow despite concerns

Prediction markets that let people wager on outcomes are growing rapidly in the United States, extending from politics into broader culture. Media groups including CNN, CNBC and The Wall Street Journal have moved to integrate platform data into news coverage. Trading volumes and valuations have climbed, but concerns are rising about the spread of gambling, market manipulation and insider trading. Supporters argue these markets provide valuable information by aggregating crowdsourced views.