South Korea

CJ Olive Young has partnered with a Polish cosmetics distributor to export its private brand products to Europe. The deal will initially introduce skincare lines like Bioheal BOH, Bringgreen, and Colorgram through sales networks in Poland before expanding to other markets. This move bolsters the CJ Group's retail arm's international expansion efforts.

February 02, 2026 Ti AI ṣe iroyin

In a policy address at the National Assembly, Han Byung-do, floor leader of the ruling Democratic Party of Korea, pledged to end former President Yoon Suk Yeol's martial law crisis and advance sweeping judicial reforms. He highlighted restoring people's livelihoods as the utmost priority of the Lee Jae Myung administration.

The science ministry announced on Monday that a local artificial intelligence research firm nurtured at a state-run industrial cluster has become an affiliate of a Nasdaq-listed rare earth supply chain company, effectively entering the U.S. stock market. Hanlab, an AI automation firm based at Innopolis Daedeok in the central city of Daejeon, has become a subsidiary of Evolution Metals & Technologies (EMAT) Corp., which debuted on the Nasdaq last month. This marks the first time a research institute from a state research and development cluster has advanced through the Nasdaq market.

February 01, 2026 Ti AI ṣe iroyin

Seoul's stock market opened sharply lower on February 2 due to risk-averse sentiment following the nomination of a new U.S. Federal Reserve chair. The KOSPI index fell 1.05% in the first 15 minutes and was down 3.47% by 11:20 a.m. Investors offloaded tech heavyweights, particularly major semiconductor makers.

Online shopping sales in South Korea rose 6.2 percent from a year earlier to a new monthly high in December, driven by strong Tesla vehicle sales and rising demand for food services. Government data showed transactions reached 24.29 trillion won ($16.68 billion). This marked the highest level since 2017, when the ministry began compiling the data.

February 01, 2026 Ti AI ṣe iroyin

BLACKPINK's Rosé opened the 68th Grammy Awards with a high-energy performance of her global hit 'APT.,' joined by U.S. pop star Bruno Mars. At the Crypto.com Arena in Los Angeles, the K-pop singer kicked off the lively set with a playful kiss on Mars' cheek as he played guitar. Rosé is nominated this year for Song of the Year and Record of the Year.