UPDATED. 2026-11-09 10:44 (Mon)

S&P keeps Naver at A-; 12tr won AI investment counted as debt

S&P affirmed Naver's A- rating with a stable outlook, counting the full $9 billion Brookfield investment in its AI infrastructure as adjusted debt but citing Naver's phased expansion as a key risk mit...
S&P keeps Naver at A-; 12tr won AI investment counted as debt

NH NongHyup Bank weaves 10,000 alternative data points into credit model

NH NongHyup Bank has introduced a credit scoring model using over 10,000 non-financial alternative d...
NH NongHyup Bank weaves 10,000 alternative data points into credit model
Economy
Living-cost credit loans push vulnerable borrowers to the edge, raising financial sector default risks

Living-cost credit loans push vulnerable borrowers to the edge, raising financial sector default risks

Credit loans taken by the bottom 20% of Korean households by assets and income are increasingly used...
Industry

Graphy partners with French biotech dental firm to target Europe clear aligner market

Graphy, a Korean 3D printing materials firm, signed a strategic partnership with French dental compa...
Graphy partners with French biotech dental firm to target Europe clear aligner market

Hyundai Steel, POSCO break ground on $5.8 billion US joint steel mill

Hyundai Steel and POSCO have begun foundation work on their joint steel mill in Louisiana after secu...
Hyundai Steel, POSCO break ground on $5.8 billion US joint steel mill

Samsung Electronics ends 2-year 4G·5G patent war with China's ZTE

Samsung Electronics and ZTE have mutually withdrawn all patent infringement lawsuits, ending a two-y...
Samsung Electronics ends 2-year 4G·5G patent war with China's ZTE

Hyundai Motor's 560 billion won Algeria plant gears up for full production

Hyundai Motor is preparing to start full production at its $400 million assembly plant in Relizane, ...
Hyundai Motor's 560 billion won Algeria plant gears up for full production

Korea's Chunmoo emerges as strong candidate for Philippines' long-range strike weapon

Korea's K239 Chunmoo rocket system is emerging as a leading candidate for the Philippine military's ...
Korea's Chunmoo emerges as strong candidate for Philippines' long-range strike weapon
Finance

LG Energy Solution signs partnership with China's Linyang Energy after 355% ESS shipment growth

LG Energy Solution signs partnership with China's Linyang Energy after 355% ESS shipment growth
LG Energy Solution has formed a strategic partnership with China's Linyang Energy to enter China's E...
2026-11-07

Korean defense AI startup Newtype denies reports of halted Barbara tests in Ukraine

Korean defense AI startup Newtype denies reports of halted Barbara tests in Ukraine
Newtype Industries denied reports that Ukraine suspended tests of its AI targeting software Barbara,...
2026-11-06

Hyundai's Motional joins fully driverless taxi race in Las Vegas

Hyundai's Motional joins fully driverless taxi race in Las Vegas
Motional, Hyundai Motor Group's autonomous driving joint venture, will launch fully driverless robot...
2026-11-06

LG Energy Solution to supply LFP batteries for 400MWh ESS in Nanjing

LG Energy Solution to supply LFP batteries for 400MWh ESS in Nanjing
LG Energy Solution will supply its prismatic LFP batteries for a 400MWh ESS plant in Nanjing, China,...
2026-11-06

LS Cable & System US unit starts 68 billion won expansion line, ships first product

LS Cable & System US unit starts 68 billion won expansion line, ships first product
LS Cable & System's US subsidiary has started operating a new CCV line at its North Carolina plant, ...
2026-11-06

Hyundai Steel’s US plant site leased for 1,400 won a year, sparking secret subsidy controversy

Hyundai Steel’s US plant site leased for 1,400 won a year, sparking secret subsidy controversy
Hyundai Steel's $5.8 billion Louisiana steel mill project faces backlash over a $1-a-year land lease...
2026-11-06
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Naver finalizes financing for 12tr won AI factory, easing initial investment burden
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