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According to The Korea Times, a large-scale theft from Binance has drawn attention to how cryptocurrency exchanges protect their digital assets with insurance against theft and cyberattacks. The outlet notes that such coverage is not uniform and varies based on storage methods, how access is gained, and the details of each policy.
Summarized by Rhyter Times, sourcing from other outlets.
The korea times · 15h ago
WASHINGTON — President Donald Trump has rescheduled weekend campaign rallies in a pair of critical Midwestern states that he had previously canceled, according to a person familiar with the plans. The Republican president will now visit Iowa and Kansas for back-to-back campaign rallies on Sunday, said the person, who insisted on anonymity to discuss his schedule. The scheduling whiplash…
More than $2 trillion in market value is set to be wiped from the tech-heavy Nasdaq 100 this month, as Big Tech earnings intensified investor scrutiny of whether the billions being poured into artificial intelligence can generate returns quickly enough. The wipeout would amount to slightly more than SpaceX’s entire market value. The index has fallen over 5.8 percent so far in October as the AI…
VATICAN CITY — Leo XIV has become the first pope to vote in a U.S. general election, casting a mail-in ballot in a contest that will decide America's future as the Trump era slowly comes to an end. The Vatican confirmed Friday that the Chicago-born pontiff had submitted a mail-in ballot in Chicago ahead of the Nov. 3 midterm elections, citing his long-standing belief in civic participation. Leo,…
"Whenever you talk to an employee in their 20s, it's probably best to assume the entire conversation is being recorded." It is a warning increasingly shared among Korean managers in their 40s and 50s as they try to make sense of a generation of young employees whose workplace habits can seem baffling — and sometimes unsettling — to their bosses. Some older managers see low loyalty to the company…
"I think the fall is getting to me." That's what a friend told me on the phone recently. "You're middle-aged now, and suddenly you're getting the autumn blues?" I said jokingly. He laughed awkwardly, then began telling me about his life lately. Seeing the darkening sky on his way home from work drains his energy. Once home, he lies on the couch and does nothing. Even after sleeping in on…
HD현대오일뱅크가 올해 3분기 9000억원이 넘는 영업이익을 올리며 전년 동기 대비 4.7배에 달하는 수익성 개선을 이뤄냈다. 정유와 윤활기유 부문의 실적 호조가 전체 성장을 견인하며 외형과 내실을 동시에 잡았다는 평가다. 30일 HD현대 공시에 따르면 HD현대오일뱅크의 3분기 연결 기준 영업이익은 9009억원으로 집계됐다. 이는 지난해 같은 기간보다 371.2% 급증한 수치다. 같은 기간 매출액은 10조437억원으로 전년 대비 37% 증가했으며, 영업이익률은 지난해 2.6%에서 올해 9.0%로 6.4%포인트 상승했다. HD현대오일뱅크 로고 ■ 정유·윤활기유 부문이 실적 견인 사업별 실적을 살펴보면 정유 부문의 약진이 두드러진다. 정유 부문은 8216억원의 영업이익을 기록하며 전년 동기 대비…
Business korea · 19h ago
Kumho Tire CI (Photo provided by Kumho Tire) Kumho Tire announced on Oct. 29, that it recorded consolidated sales of 1.2374 trillion won (about $893.11 million) and operating profit of 130.5 billion won ($94.18 million) in the third quarter of 2026. Third-quarter sales came to 1.2374 trillion won as supply of original equipment (OE) tires expanded mainly in North America and Europe and sales…
From traditional Korean saju and face reading to tarot cards and even pet fortune-telling, an exhibition in Seoul is offering visitors a chance to explore a wide range of ways to glimpse their future. The second edition of Fortune Adventure opened Thursday at the aT Center in Yangjae, southern Seoul, bringing together more than 200 consultation booths covering at least 13 types of…
The korea herald · 19h ago
A special counsel team on Friday asked the National Election Commission (NEC) to keep intact the 420 ballot boxes that drew no objections during its inspection at a Seoul handball arena, saying it may need to examine them again. The boxes had sat in the Olympic Park Handball Gymnasium in southeastern Seoul since the June 3 local elections. Special counsel Lee Tae-han's team carried them out…
The korea herald · 20h ago
LG Electronics 'Mobile AI Home Hub (Code Name: Q9).' (Photo courtesy of LG Electronics) As the United States determines that imports of robots and industrial machinery pose a threat to national security, a new variable has emerged for Samsung Electronics and LG Electronics in their entry into the North American market just as they are accelerating the expansion of their robot businesses.…
Business korea · 21h ago
SK hynix's DDR4. The average price of DRAM in October broke its record high once again. The average price of NAND flash in the same month maintained its highest price following last month. According to market research firm DRAMeXchange on Oct. 30, the average contract price of general-purpose DRAM products (DDR4 8Gb 1Gx8) in October recorded $27.5. It rose 5.77% compared to $26 last month.…
View of Lotte Rent-a-Car Seoul Station branch. (Photo courtesy of Lotte Rental) Lotte Group has completed the sale process of Lotte Rental and secured over 1.3 trillion won (about $1.0 billion) in funds. The process of reorganizing non-core businesses and improving the efficiency of low-efficiency assets, which has been pursued since last year, is also expected to gain momentum. According to…
TCL China Star Optoelectronics Technology (TCL CSOT). (Photo courtesy of TCL) Samsung Electronics will acquire the stake held by Samsung Display in the Chinese display manufacturer TCL China Star Optoelectronics Technology (TCL CSOT) for approximately 1.3 trillion won (approximately $1.0 billion). With Samsung Display withdrawing from the liquid crystal display (LCD) business and…
USNS Richard E. Byrd (T-AKE 4), a U.S. Navy cargo supply ship delivered by HD Hyundai Heavy Industries after completing maintenance on Oct. 23. (Photo courtesy of HD Hyundai Heavy Industries) Korean shipbuilders have secured regular and intermediate maintenance contracts for at least six of the U.S. Navy’s 14 cargo supply ships over the past two years. These vessels were previously maintained…
Logo of cryptocurrency exchange Binance. (Reuters/Yonhap) As Binance, the world’s largest cryptocurrency exchange, suffered the largest hacking damage in history, a massive ripple effect is spreading across the global cryptocurrency market and domestic and foreign exchanges. This incident clearly revealed the security vulnerabilities of the digital asset ecosystem, and the anxiety of investors…
Samsung Electronics will acquire Samsung Display’s entire stake in Chinese panel maker TCL CSOT, bolstering LCD supply ties for its TV business as the display subsidiary focuses on high-end OLED panels. Samsung Electronics said in a regulatory filing on Friday that it would buy the 10.16 percent stake for about 1.27 trillion won ($950 million). It cited “strengthening strategic cooperation” as…
The korea herald · 21h ago
President Lee Jae Myung on Friday stressed that fairness must guide policies supporting multicultural families, calling for a review of preferential benefits while emphasizing the need to strengthen support that addresses their specific disadvantages. It is the third consecutive day Lee has publicly raised concerns about preferential treatment for multicultural families, drawing criticism from…
The korea herald · 22h ago
대한민국 국토의 62.5%를 차지하는 산림이 과거보다 더욱 울창해진 것으로 나타났다. 산림 면적 자체는 개발 영향으로 소폭 줄었으나, 나무의 총 부피를 의미하는 임목축적은 5년 전과 비교해 두 자릿수 성장세를 기록했다. 산림청은 29일 이 같은 내용을 담은 ‘2025년 기준 산림기본통계’를 공표했다. 이번 통계는 2021년부터 2025년까지 수행한 제8차 국가산림자원조사 결과를 바탕으로 산출됐으며, 향후 산림정책 수립과 온실가스 국가감축목표(NDC) 이행을 위한 기초자료로 쓰일 예정이다. 2025년 말 기준 전국 산림면적은 628만3000헥타르(ha)로 집계됐다. 이는 국토 면적 1004만7000ha의 62.5%에 해당하는 수치다. 도로나 주택 건설 등 다른 지목으로의 전환이 이뤄지면서…
Business korea · 22h ago
Kia posted a record third quarter sales revenue this year, driven primarily by aggressive sales of ecofriendly vehicles, expanding its market presence in key global markets, including the US, despite the downturn in industry demand. In a quarterly earnings release on Friday, Kia said in the July-September period, its revenue rose 10.1 percent to 31.6 trillion won ($23.69 billion). It marked the…
The Korea Forest Service (KFS) announced on the 30th that it had showcased the multipurpose wildland firefighting vehicle developed through domestic research and development (R&D) to Sergio Humberto Graf Montero, Director General of the National Forestry Commission of Mexico, during his visit to Korea. The KFS has been promoting Korea’s forest fire response policies and domestically developed…
Business korea · 23h ago
The veterans ministry on Friday named a late Canadian Army officer as hero of the month for November for his role in leading a key battle to victory during the 1950-53 Korean War. Lt. Col. James Stone, who served as the commander of the 2nd Battalion, Princess Patricia's Canadian Light Infantry, played a critical role in leading the battle in Gapyeong, about 55 kilometers northeast of Seoul, to…
The korea herald · 23h ago
Posco Future M has signed an agreement with LG Energy Solution to supply 720,000 metric tons of battery materials over seven years starting in 2027, expanding their partnership to include lithium iron phosphate cathodes and synthetic graphite anodes for the first time. The South Korean battery materials maker said it signed a memorandum of understanding with battery maker LG Energy Solution to…
I pinched my thumb and index finger together in midair. A floating window opened; another gesture moved it aside. There was no monitor in sight, yet I was rearranging displays as if using a computer from a science-fiction film. Switching glasses, I watched waves roll across a 3D seascape. A concert clip gave the scene unexpected depth. The two demos served different purposes at a showcase by…
Prosecutors on Friday indicted Rep. Jang Kyung-tae without physical detention over allegations that he sexually harassed a female aide of another lawmaker. Jang, an independent who left the ruling Democratic Party in March over the scandal, is accused of sexually harassing the aide at a restaurant in western Seoul in October 2024, according to the Seoul Southern District Prosecutors Office. The…
On the brink of elimination from the South Korean baseball postseason, the Kia Tigers put together a much different lineup Friday than the ones from their earlier games. The Tigers are trailing the Samsung Lions 2-1 in the best-of-five series in the Korea Baseball Organization, having dropped two straight games after winning the first game Monday. The winner of this series will advance to the…
South Korean Foreign Minister Cho Hyun will meet US Secretary of State Marco Rubio and Japanese Foreign Minister Toshimitsu Motegi in Atlanta on Friday, as Seoul seeks to manage a series of sensitive issues in its alliance with Washington. The three-way meeting, to be held on the sidelines of the Group of 20 foreign ministers’ gathering, comes a little more than a month after the ministers met…
The scent of medicinal herbs filled Yangnyeongjungang-ro on Friday, as vendors and booths offering traditional Korean medicine experiences welcomed visitors to the World K-Medicine Culture Festival 2026 in Dongdaemun-gu, northeastern Seoul. “We wanted to experience the medicine market out of curiosity and get an idea of life in Korea,” said Angela, a Belgian visitor who declined to give her…
South Korean auteur Lee Chang-dong's short film "Heartbeat" will be released on Netflix next week, days ahead of Lee's Venice-winning film "Possible Love," the streaming platform said Friday. The 2022 film centers around a young boy whose mother lives with depression and a father who stages labor strikes atop a tower crane. It is Lee's first short film. The 28-minute film, which premiered at the…
South Korea and the United States are close to finalizing a comprehensive agreement on relocating US military facilities at several air bases, including Gwangju, national security adviser Wi Sung-lac said Friday. The agreement could help pave the way for the relocation of US military facilities at Gwangju Air Base, a key issue in plans to develop a semiconductor manufacturing cluster in the…
The Korea Exchange seeks to introduce a tiered system for the Kosdaq, drawing on Nasdaq's model to distinguish high-quality companies. The system could launch in the second half of next year at the earliest, pending companies' annual results. The KRX is considering dividing Kosdaq-listed firms into upper and lower tiers, financial industry sources said Friday. The upper tier, tentatively named…
The korea herald · 1d ago
SAIC-GM-Wuling launched its first automotive-grade unmanned logistics vehicle, with a drive-by-wire chassis, swappable cargo bodies, 6 cubic meters of space, 200 km range and no HD maps needed.
Pandaily · 1d ago
Beijing startup SynDexy has delivered its first small batch of C1 humanoids for precision assembly at electronics plants, six months after development began. Key tasks exceeded 98% success in tests.
Midea's six-arm MIRO U has driven back-panel screws on 100,000 washers over three months, six screws in about 10 seconds, as Guangdong reports more than 2,000 humanoid robots in factories.
Tencent has opened Beacon AI, its data analysis platform used by over 100 internal teams, to outside users. It builds dashboards from plain language and adds Self-Harness, skills and MCP access.
Zhuoyu Technology moved its passenger-car driving model to heavy trucks. PDS 4 highway assist is in mass production, with a 500-meter in-cabin lidar and fuel-saving logic trimming use 4.5% to 7.5%.
A Tsinghua, Infinigence AI and AgiBot team trained 96 real robots to share experience. Two unseen robots hit 97.5% success over 600 trials, and phone packaging rose from 79.2% to 98.3%.
A noninvasive ultrasound brain-computer interface from SIAT and partners was shown in Shenzhen. In an early study, 13 of 24 patients with chronic disorders of consciousness improved.
Tencent Hunyuan detailed Hy-Nomas, an open 8B interactive video world model driven by text and camera inputs, and released Hy-Nomas-Bench, a 280-case benchmark for world models.
The head of Huawei's pharmaceutical business unit says Huawei will not develop drugs or pipelines. It wants to supply computing, storage, networking and tools for AI drug discovery.
AgiBot's GO-3 Preview embodied model uses a WRAM architecture, tops RoboDojo, RoboTwin and RoboColiseum, and is set to be fully open-sourced by the end of 2026.
ByteDance's Doubao Work now offers third-party models, starting with Kimi K3.1 Pro, GLM-5.3 and DeepSeek-V4.1-Flash, to team and enterprise plans, billed from existing AI credits.
DeepSeek Harness v0.2.2-alpha.2 adds an experimental subagent_oar tool that sends self-contained tasks to a locally installed Codex CLI or Claude Code, plus PR views and a stats plugin.
XHEART's X7 Ultra brings 700 TOPS for end-to-end driving models and a production Armv9 automotive CPU. Its next chip, the X9, targets 3,000 TOPS and 700GB/s of memory bandwidth in 2027.
TRAE launched TRAE Bao, a developer assistant with a global layer that remembers work across projects and a project layer that runs tasks in parallel. Tasks can be sent from Feishu or WeChat.
Pandaily · 2d ago
Tencent launched Buddy One, linking Tencent Docs, Tencent Meeting, ima and a new cloud drive to one WorkBuddy agent with shared accounts and credits. Tencent Drive links to agents via CLI and MCP.
Toyota Motor will begin operating fully autonomous taxis in 2027 through a partnership with U.S. self-driving technology company Waymo, marking a major step in the Japanese automaker's efforts to expand driverless transportation services. Waymo, which already operates autonomous taxi services in the United States, will work with Toyota to introduce Level 4 autonomous vehicles capable of operating…
News on japan · 17h ago
Hokkaido University's famous ginkgo avenue in Sapporo has reached its peak autumn color, attracting residents and tourists to the campus ahead of the two-day Hokudai Golden Leaf Festival on October 31 and November 1, an event that drew 35,000 visitors last year. The tree-lined avenue, located along Kita 13-jo Street on the university's campus in Sapporo's Kita Ward, features approximately 70…
Hokuyo Bank has launched an agricultural initiative in Hokkaido aimed at addressing a growing shortage of farmers and agricultural workers, with bank employees taking to the fields themselves to gain practical experience and help aspiring farmers and businesses enter the industry through financial assistance, technical training, and hands-on guidance. Inside a greenhouse, employees dressed in…
The city of Yubari in Hokkaido, which declared financial collapse 20 years ago, is preparing to complete repayment of approximately 35.3 billion yen in debt by March 2027, paving the way for lower property taxes, improved municipal employee salaries, and a renewed focus on public services. Officials from the city, the central government, and the Hokkaido prefectural government held working-level…
Nintendo game designer Shigeru Miyamoto, the creator behind globally popular franchises including Super Mario Bros. and The Legend of Zelda, reflected on nearly 50 years of game development after being named a recipient of Japan's 2026 Order of Culture in October, revealing how Mario's original gameplay emerged from a simple idea and why he believes artificial intelligence could encourage a…
Japan's furniture and home goods retailer Nitori opened what it describes as its largest store in the world on October 30th in Osaka's Chayamachi district, bringing a major new retail destination to an area east of Hankyu Osaka-Umeda Station known for its youth culture, fashion boutiques, and specialty shops. The new store offers a wide range of furniture, home appliances, and household goods,…
Japanese retail giant Aeon unveiled a logistics warehouse on October 30 equipped with "physical AI" robots capable of independently sorting and stacking products, allowing the company to automate approximately half of its warehouse operations while increasing loading efficiency to four times that of manual labor. The new system uses robots equipped with artificial intelligence that can recognize…
News on japan · 18h ago
Japan's Nikkei 225 Stock Average plunged 1,369.36 points, or 2.12%, to close at 63,290.11 at 3:30 p.m. on Friday, October 30, ending a three-day winning streak as a sharp selloff in semiconductor and artificial intelligence-related shares swept through the Tokyo market, while the Bank of Japan's decision to leave interest rates unchanged failed to restore investor confidence. The benchmark index…
Mount Fuji has received its first snowcap of the season, the Japan Meteorological Agency announced on October 30, after temperatures at the summit plunged to minus 9.4 degrees Celsius, marking the arrival of winter conditions on Japan's highest mountain. The agency said its analysis indicated that at least 1 centimeter of snow had accumulated near the 3,776-meter summit as of 8 a.m., covering the…
News on japan · 1d ago
The Bank of Japan announced on October 30th that underlying inflation has effectively reached its 2% target for the first time since the goal was introduced in 2013, marking a major milestone in the country's efforts to achieve sustained price growth, while keeping its benchmark interest rate unchanged at 1.25% as policymakers assess the impact of last month's rate increase. The central bank said…
U.S. intelligence agencies suspect that a Chinese female intelligence operative developed a close relationship with Nvidia CEO Jensen Huang in an attempt to obtain confidential corporate and U.S. government information, according to a report published by The New York Times on October 29th. The woman, identified as Alice Huang, also known as Huang Le, is a senior executive at Megaspeed, a data…
Traditional Japanese crafts are finding an unexpected source of skilled workers in prisons across the country, where inmates are learning painstaking production techniques that build patience and concentration while helping preserve industries struggling with a shortage of craftspeople. Prisons across Japan have incorporated traditional handicraft production into their work programs, giving…
A spectacular illumination of the Hashigui Rocks, a nationally designated natural monument in Kushimoto, Wakayama Prefecture, is set to begin on October 30, transforming a series of unusual coastal rock formations into a colorful nighttime attraction. A trial lighting was held on October 29 ahead of the official opening, with approximately 40 rock formations of various sizes, rising dramatically…
Artificial intelligence is opening new possibilities for digital creativity, allowing people to transform ideas into illustrations, animated characters and short films without the extensive technical skills or expensive production equipment traditionally required, with platforms such as Japan-inspired AI art service PixAI bringing these capabilities to a growing community of creators. For anyone…
Halloween celebrations across Japan are becoming increasingly expensive as October 31 approaches, with costume prices nearly doubling over the past five years and the average spending budget rising to 8,148 yen, prompting more people to find creative ways to enjoy the annual event without stretching their finances. At Warner Bros. Studio Tour Tokyo, a theme park dedicated to the Harry Potter film…