Search results for Industry
Industry
Canada speeds up drive to build domestic space launch industry to cut U.S. reliance
Canada is accelerating efforts to foster a domestic space launch industry to reduce reliance on foreign launch vehicles. Canada Rocket Company plans to skip development of a small rocket and directly develop the medium-lift R-2. The government selected NordSpace, Reaction Dynamics and Canada Rocket Company for initial support under the Defence Ministry’s Launch the North project. It aims to secure independent capability to launch satellites from Canadian territory using Canadian-built rockets.
Finance
Hana Financial opens Cheongna era, aims to speed AI transition and future finance innovation
Hana Financial Group opened its Cheongna headquarters and officially declared the completion of Hana Financial Town, a project it has pursued for 15 years. It plans to make Cheongna the group’s new hub and step up collaboration among affiliates, AI transition and future financial innovation. The group held an opening event in Cheongna International City in Incheon on Oct. 2, including a key ceremony. Officials also introduced changes in work methods, culture and workspace.
Mobility
BMW to launch entry-level EV for Europe in 2028
BMW plans to launch an entry-level electric vehicle for the European market in 2028, using Neue Klasse technology applied to the new iX3 and i3 sedan. The company has not disclosed the model name, specifications or price, but indicated it could be the cheapest Neue Klasse EV. The vehicle is expected to focus on Europe and may not be sold in the United States. Reports have mentioned an i1 name and a five-door hatchback body, which BMW has not confirmed.
-
Crypto
BDACS CSO Kim Tak-jong says won stablecoin should target payment areas previously hard to reach
-
AI & Enterprise
KT targets Chungcheong manufacturing, defense AX with global partners
-
Crypto
U.S. crypto industry shifts strategy after Clarity Act fails, targets Senate elections
-
Crypto
Quantum computers could neutralise bitcoin? No basis for it within 10 years
-
Crypto
Illinois delays 0.2 percent digital asset tax by six months
-
AI & Enterprise
NIA to test AI-RAN on university campuses to boost competitiveness of Korean networks
-
Telecommunications & Media
Meta floats VR glasses instead of headsets. Can they help mainstream VR?
-
Crypto
Citigroup raises bitcoin 12-month target to $113,000 on expected ETF inflows
-
AI & Enterprise
MSIT minister steps in amid questions over Korean AI foundation model project, two-track push with frontier AI
-
Mobility
EV subsidies run out, Q4 buying cliff takes hold in South Korea
-
Crypto
Token securities OTC trading capped at 10 million won a year; stocks, bonds and funds issuance allowed
-
Games & Commerce
Overseas game firms\' domestic agent liability tightened, user protection duties expanded
-
Industry
South Korea semiconductor exports top $60 billion for first time in September, total exports up 84%
-
AI & Enterprise
Speed responsibility, not speed control, is core; South Korea should lead functional solidarity linking U.S. and China
-
Finance
Global financial firms step up push into South Korea, targeting retail ETFs and institutional alternatives