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Telecommunications & Media
Korea science ministry to attend ITU plenipotentiary conference, seeks fourth term as council member
South Korea\'s Ministry of Science and ICT will attend the International Telecommunication Union plenipotentiary conference to share the country\'s AI and digital policy vision. Minister Bae Kyung-hoon will take part in a high-level policy speech and ministerial discussions on emerging technologies. Korea will seek re-election for a fourth term as one of the ITU\'s 48 council members and will also push for Park Jong-min to join the Radio Regulations Board.
Industry
Asung Daiso breaks ground on Yangju hub center with 600 billion won investment
Asung Daiso has begun building the Yangju Hub Center, a logistics facility designed to handle online and offline orders together, it said. The company held a groundbreaking ceremony on Oct. 26 at the Eunnam Industrial Complex in Yangju, Gyeonggi Province, and announced it on Oct. 27. Total investment is 600 billion won, with completion targeted for January 2029. The four-storey facility will be the company’s fourth hub center and its largest logistics center.
Crypto
Bitcoin battles around $60,000 as U.S. stocks rebound but investors wait and see
Bitcoin continued to struggle near $60,000, trading between support and resistance without a clear direction. U.S. stocks rebounded on expectations of a peace deal with Iran, but bitcoin failed to follow and buying momentum weakened. Traders warned $60,000 could harden as resistance. Oil has climbed back above $70 a barrel after dipping below $68, and thin liquidity could fuel volatility. On-chain data showed cautious positioning and limited conviction among buyers.