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Finance

Meritz urges MBK to play responsible role after Homeplus rehabilitation terminated

Meritz Financial Group said it regretted a court decision to terminate Homeplus\' rehabilitation procedure and urged majority shareholder MBK Partners to play a responsible role. Meritz said it had done as much as possible as a creditor within legal limits, including cooperation on a stay on collateral execution and a 100 billion won DIP financing escrow. It also said Chairman Kim Byung-ju has not guaranteed the DIP funding.

People

Park In-gyu visits KIST to discuss research data management measures

Park In-gyu (박인규), head of the Science and Technology Innovation Office at the Ministry of Science and ICT, visited the Korea Institute of Science and Technology in Seoul on Thursday to inspect research data collection and management and to meet researchers. The visit followed the promulgation on June 9 of a law to promote national research data management and use. Park reviewed a platform that automatically collects equipment data and supports online reuse and analysis.

AI & Enterprise

MSIT to step up quantum cooperation with Canada, UK and EU around Quantum Korea

South Korea will expand cooperation on quantum technologies with Canada, Britain and the European Union, including joint research, talent exchanges, industrialisation, trials and standardisation. The Ministry of Science and ICT said it held government-to-government dialogues and roundtables around Quantum Korea 2026 to discuss cooperation. It reviewed existing programmes with Canada, discussed links between initiatives with Britain, and talked with the EU about Horizon Europe participation and stronger ties among quantum clusters.