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We take an in-depth look at trending issues in entertainment, broadcasting, film, OTT, performances, and sports, focusing on the latest verified facts and official schedules and viewing information.

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Hyundai Steel logo.svg · Hyundai Steel logo
Business & Industry

Hyundai Steel Holds Groundbreaking Ceremony for Louisiana Electric Arc Furnace Steel Plant: Current Stage of $5.8B ​​​​‬

Hyundai Steel held a groundbreaking ceremony on September 4, 2026, in Ascension Parish, Louisiana, for an electric arc furnace-based integrated steel plant. The planned investment is $5.8 billion, with a target annual production capacity of 2.7 million metric tons and commercial production scheduled for 2029. However, the ceremony was ceremonial, and the project still requires air-pollution permits from the Louisiana Department of Environmental Quality before actual construction can proceed.

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Business & Industry

Hanwha Approved to Acquire 15.89% Stake in KAI, but This Is Not a Transfer of Control

The Korea Fair Trade Commission approved the acquisition of a 15.89% stake in Korea Aerospace Industries (KAI) by three Hanwha affiliates, including Hanwha Aerospace. However, the approval concerns the current share acquisition only and does not mean Hanwha has secured management control of KAI or that the two companies will be integrated. A new merger review could be conducted if Hanwha acquires additional shares or reaches a specified level of director overlap.

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Business & Industry

Supercell Signs Agreement to Acquire Metacore’s Remaining Stake… Merge Mansion to Continue Current Operations Through그말?

Supercell and Metacore have signed an agreement for Supercell to acquire Metacore’s remaining stake, with the transaction expected to close at the end of September 2026. Merge Mansion is expected to continue operating normally until completion, while the acquisition price and any subsequent changes to updates or monetization policies have not yet been disclosed.

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Business & Industry

Hanwha Ocean Faces KRW 1.3703 Trillion International Arbitration Claim from Arctic LNG 2; Final Loss Undetermined

LLC Arctic LNG 2 has filed for international arbitration against Hanwha Ocean at SIAC. The disclosed claim amount is USD 1 billion, converted to KRW 1.3703 trillion, equivalent to 22.2% of Hanwha Ocean’s consolidated equity at the end of 2025. However, this is the initial claim amount stated in the notice of arbitration, and final liability, damages, and whether a provision will be recognized have not yet been determined.

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Business & Industry

First Trial Court Dismisses Koo Kwang-mo Adoption Revocation Lawsuit; Legal Mother-Son Relationship Maintained

The Seoul Family Court dismissed Kim Young-sik’s claim seeking judicial revocation of the adoption of LG Group Chairman Koo Kwang-mo. As a result, their legal adoptive parent-child relationship currently remains in place, while the specific reasons for the ruling were not disclosed on the day of sentencing. Whether an appeal will be filed is expected to become clear after Kim Young-sik’s side reviews the written judgment.

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Business & Industry

Korean Air, Thailand’s TAI Begin MRO Cooperation with UH-60 Overhaul

Korean Air and Thai Aviation Industries (TAI) signed a Teaming Agreement on September 2 for comprehensive aviation MRO cooperation. Their initial focus is depot-level maintenance of Thailand’s Army UH-60 Black Hawks, along with maintenance-process standardization and technical training. Subsequent volumes, contracts, and schedules have not yet been disclosed.

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Business & Industry

Average Salary at Top 500 Companies Reached KRW 54.99 Million in H1 2026… Korea Financial Group Ranked First

CEO Score analyzed 345 of Korea’s top 500 companies that could be compared year over year and found that the average salary per employee reached KRW 54.99 million in the first half of 2026, up 7.1% from the same period a year earlier. Korea Financial Group ranked first at KRW 184 million, while 12 of the 20 companies with average salaries above KRW 100 million were securities firms.

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Publicly licensed image of HD Hyundai Heavy Industries
Business & Industry

HD Hyundai Heavy Industries’ LCO₂ Carrier Technology Wins Jang Yeong-sil Award; 22,000 m³ Vessel Also Delivered

HD Hyundai Heavy Industries and HD Korea Shipbuilding & Offshore Engineering’s “Low-Pressure Cargo Storage and Operation System for LCO₂ Carriers” won the 2026 IR52 Jang Yeong-sil Technology Innovation Award. The system enables transport at −50°C and 7 bar, with reliquefaction during transport, and the 22,000 m³-class Active, equipped with the system, was delivered in January 2026.

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Business & Industry

PanStar Acro호 Enters Arctic Waters Nine Days After Departure with 837 TEU of Cargo on Board

PanStar Acro호 is conducting a pilot round trip along the Northern Sea Route carrying 737 TEU of actual cargo and 100 empty containers, for a total of 837 TEU. The vessel entered Arctic waters on August 31, 2026. This voyage does not confirm the regular, year-round commercialization of the Arctic route; it is a demonstration phase to assess distance, duration, fuel consumption, costs, and safety preparedness.

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Business & Industry

SK On Signs 9 GWh ESS Battery Supply Agreement with U.S. NeoVolta Power

SK On has signed an agreement to supply 9 GWh of LFP battery cells to U.S. energy storage company NeoVolta Power. Supply will run from 2027 through 2031, with the cells expected to be produced at SK On’s manufacturing facility in Georgia. A separate additional 9 GWh collaboration is under consideration and should be distinguished from the official agreement.

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Public-license image of Korea Aerospace Industries (KAI) headquarters in Sacheon, South Gyeongsang Province
Business & Industry

FTC Approves Hanwha Affiliates’ Acquisition of 15.89% Stake in KAI

The Fair Trade Commission approved the business combination involving the acquisition of Korea Aerospace Industries (KAI) shares by Hanwha Aerospace, Hanwha Systems, and Hanwha Aerospace USA. The three Hanwha affiliates will hold a combined 15.89% stake, allowing Hanwha to retain its position as KAI’s second-largest shareholder. However, the approval does not by itself mean Hanwha has secured management control of KAI or that a specific business integration plan between the companies has been finalized.

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Business & Industry

Number of Gimbap Restaurants Fell from 48,898 in 2021 to 46,211 in 2023… The Answer Lies in the Cost Structure

According to reporting citing Statistics Korea data, the number of gimbap restaurants fell from 48,898 in 2021 to 46,211 in 2023. However, the claim of a “31-month consecutive decline” cannot be stated definitively because the original source and official criteria were not verified. Ministry of Agriculture, Food and Rural Affairs data showed that the 2025 sales index for gimbap and other simple food restaurants fell by 4.13 points from the previous year, while ingredient and labor costs accounted for large shares of the food-service cost structure.

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Business & Industry

Samsung Biologics’ KRW 3 Trillion Rights Offering: KRW 271 Billion to Go Toward Polypeptide Acquisition

Samsung Biologics has announced a roughly KRW 3 trillion rights offering to existing shareholders, followed by a general offering of unsubscribed shares. Approximately KRW 271 billion of the proceeds is expected to fund the acquisition of Polypeptide Group, while approximately KRW 29 billion will be allocated to expanding Bio Campus II. The acquisition remains subject to minimum ownership and regulatory approval conditions.

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LG Uplus public-domain licensed image
Business & Industry

LG Uplus Global Membership Surpasses 10,000 Coupon Downloads in Japan, Overseas Discounts to Expand This Year

LG Uplus plans to join the Wonderjoy Travel Alliance and launch a global membership service this year offering shopping, tourism, and transportation benefits abroad. During its Japan pilot, coupon downloads surpassed 10,000, and 9 out of 10 customers who downloaded coupons used Don Quijote or Lawson discounts. The official launch date and final partner locations, discount rates, and usage terms have not yet been confirmed.

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Business & Industry

Speedfloor Selected for Incheon Growth Fund 4 Investment… R&D Link Behind KRW 1 Billion

Incheon Metropolitan City and Incheon Technopark selected Speedfloor as an investment target for Incheon Growth Fund 4 and signed an investment memorandum of understanding. The city said it plans to make a direct investment of KRW 1 billion and link it to a Scale-Up TIPS recommendation, but the actual execution date, investment terms, and equity stake have not been disclosed.

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