[News Space=Reporter seungwon lee] Lotte Group Chairman Shin Dong-bin's long-term investment and personal support in snow sports have borne fruit with 18-year-old Choi Ga-on winning a gold medal in snowboarding at the 2026 Milan-Cortina Winter Olympics, marking Korea's first-ever snowboarding achievement. Lotte's systematic support, which has invested over 30 billion won over 12 years since 2014, is considered a key factor in this achievement, expanding from simple donations to professional team operations and injury support. February 14th (local time), the day 17-year-old Choi Ga-on (Sehwa Gi
[News Space=Reporter seungwon lee] A Korean court issued an arrest warrant for the CEO of eyewear brand Blue Elephant on February 13, 2026, recognizing the judicial significance of the intellectual property dispute with industry giant Gentle Monster. This is seen as an unusually strong court response to the eyewear industry's chronic "copycat" practices. The prosecution, citing concerns about evidence destruction and the gravity of the case, requested and received approval for a second warrant on February 9th. The court had previously rejected the first request in November 2025, citing a lack
[News Space=Reporter seungwon lee] Harold Rogers, Coupang's interim CEO in Korea, has been embroiled in controversy after receiving approval for approximately 6.6 billion won in performance-based stock awards (PSUs) amid a National Assembly investigation into perjury charges. Coupang Inc. disclosed in its Form 4 report filed with the U.S. Securities and Exchange Commission (SEC) that Rogers will receive 269,588 shares of Class A common stock. Compensation scale and comparative analysis Rogers' PSUs this time consist of 21,672 shares granted in March 2022 and 247,916 shares granted in April 202
[News Space=Reporter seungwon lee] Yuhan Corporation announced on the 11th that it recorded consolidated operating profit of KRW 104.4 billion in 2025, a 90.2% increase year-on-year. This is the largest operating profit since the company's founding and is significant in that it marks the first time the company has achieved an annual operating profit of KRW 100 billion. During the same period, sales increased 5.7% year-on-year to KRW 2.1866 trillion, and net income soared 235.9% to KRW 185.3 billion. Yuhan Corporation became the first domestic pharmaceutical company to surpass KRW 2 trillion in
[News Space=Reporter seungwon lee] In Fiji, a famous South Pacific honeymoon destination, the number of HIV (human immunodeficiency virus) infections is increasing explosively, making the world's worst infectious disease crisis a reality. According to the Washington Post (WP), ABC News, and FijiTimes on February 4 (local time), the Fiji Ministry of Health and UNAIDS (United Nations AIDS Programme) project that the number of new infections will exceed 3,000 in 2026, double the number from last year. The Washington Post, in particular, warned of a "simultaneous methamphetamine and HIV epidemic"
[News Space=Reporter seungwon lee] The global ranking of Upbit, Korea's largest virtual asset exchange, plummeted from 4th to 26th in just two months, accelerating the downturn in the Korean virtual asset market. According to CoinGecko, a virtual asset information provider, as of 8:00 PM on January 31st, Upbit's 24-hour trading volume was $1.86094 billion (approximately 2.7 trillion won). Bithumb ranked 46th, Korbit 80th, and Coinone and GOPAX fell out of the top 100. According to coingecko, cryptodnes, coinmarketcap, and coinlaw, as the South Korean virtual asset market is hit by a severe col
[News Space=Reporter seungwon lee] The world's largest asset management company, BlackRock, acquired a 5.01% stake (5,914,169 shares) in KT&G, causing the company's stock price to hit an all-time high. BlackRock Fund Advisors, which purchased an additional 68,646 shares on January 27, is required to report to financial authorities within five business days if it exceeds 5% under Korean securities law, and KT&G disclosed that it was for "simple investment purposes." Stock price hits record high, BlackRock becomes one of the top five shareholders Immediately following the announcement, K
[News Space=Reporter seungwon lee] Lotte Duty Free and Hyundai Duty Free were selected as new operators for Incheon International Airport Duty Free Shops DF1 and DF2, after Shilla Duty Free and Shinsegae Duty Free returned their business licenses. Incheon International Airport Corporation announced on the 30th that it had selected multiple candidates for the Terminal 1 and 2 duty-free shops DF1 and DF2 based on the evaluation of business proposals submitted by Lotte Duty Free and Hyundai Duty Free and the results of the bid price opening, and notified the Korea Customs Service. Incheon Airport
[News Space=Reporter seungwon lee] Paris Baguette ranked 29th overall and 1st in the bakery cafe category in the '2026 Franchise 500' announced by the American business media outlet 'Entrepreneur'. Paris Baguette has climbed its rankings each year, from 61st in 2024 to 42nd in 2025 and 29th this year, entering the top 30. Paris Baguette is the only domestic brand to make it to the top 30 of the Franchise 500 this year. It is recognized for demonstrating both growth potential and business stability in the US, a fiercely contested global franchise market. The Franchise 500 is an evaluation index
[News Space=Reporter seungwon lee] Hugel, a global total medical aesthetics company, has solidified its position as a leading player in K-aesthetics in the US, the world's largest botulinum toxin market. Starting this year, just two years after its launch, the company plans to adopt a hybrid sales model combining direct sales and partnerships to successfully establish its US business and build upon this foundation to become a leading global medical aesthetics company. Hugel participated in the Asia-Pacific (APAC) track presentation at the JP Morgan Healthcare Conference in San Francisco on the