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People & Appointments

Hanwha Group, KAIST recruit fifth cohort for middle school space talent programme

Hanwha Group and KAIST said on May 19 they have begun recruiting participants for the fifth cohort of their youth space talent development programme, \"Pebbles of the Universe\". Applications are open from May 18 to June 12 for first- and second-year middle school students nationwide. The selection process includes an essay review and then a discussion and interview, with 30 students chosen for a six-month team mission project running to December.

Games & Commerce

NHN shifts game strategy to Japan, targets growth in cloud, payments and defense

NHN is adjusting its game business strategy to target Japan and laid out plans to secure new growth engines in cloud, payments and defense. CEO Jung Woo-jin said the company is preparing a strategy change and pursuing contracts with well-known IPs in Japan and projects under code names. NHN Cloud began operating water-cooled B200 GPUs at its Seoul Yangpyeong region and expects related revenue from the second quarter.

Finance

SpaceX IPO push, Artemis 2 launch draw attention to space-related stocks and ETFs

Space-related stocks and exchange-traded funds in South Korea are rising as SpaceX\'s initial public offering push coincides with the successful launch of NASA\'s crewed lunar mission Artemis 2. Space-focused ETFs posted sharp daily gains, and shares tied to SpaceX holdings also advanced. Companies across the domestic space value chain showed strength. Attention is also on new space-themed ETF listings, while one asset manager withdrew a swap plan after a regulator\'s criticism.