[News Space=Reporter seungwon lee] The Ministry of Agriculture, Food and Rural Affairs announced the interim results of a special audit of the National Agricultural Cooperative Federation (NACF) on January 8, 2026, revealing excessive spending on overseas travel expenses by NACF Chairman Kang Ho-dong, sparking widespread controversy over wasteful spending on public funds. Chairman Kang, currently under police investigation for bribery, is facing increasing criticism amidst discussions on NACF reform. Exceeded travel expenses, breaking the limit on all five occasions Chairman Kang Ho-dong was f
[News Space=Reporter seungwon lee] Naver Cloud, which is participating in the Korean government's 'National Sovereign AI' project, has admitted to having installed Alibaba's vision encoder in its model, putting the Korean version of the sovereign AI strategy on a fundamental test. With one of the five teams eliminated in the first evaluation on January 15th, tensions are clashing head-on between the government's principle of a "domestic model designed from scratch" and the use of global open source. The Shadow of China's Qwen Encoder Revealed by 'Cosine 99.51%' According to an analysis release
[News Space=Reporter seungwon lee] Bukwang Pharmaceutical has finalized a contract to acquire Korea Union Pharmaceutical, currently undergoing rehabilitation proceedings, for 30 billion won, making a bold move that will increase production capacity by approximately 30% and significantly strengthen its portfolio centered on antibiotics and injectables. The deal is believed to reflect OCI Group's strategic intent to increase its market share to over 17% and foster pharmaceuticals and biotechnology as new growth engines. Stalking Horse M&A Structure The merger and acquisition between Bukwang
[News Space=Reporter seungwon lee] Minister of Employment and Labor Kim Young-hoon met with reporters at the Sejong Government Complex on the 5th and strongly criticized Coupang's alleged cover-up of an industrial accident and the recent massive personal information leak, directly asking, "Can they be fixed?" He reflected on Coupang's stance during the National Assembly hearing held on December 30-31 last year, saying, "Before the hearing, I thought they could fix things, but I couldn't sit still, wondering if they would actually succeed." He expressed regret, saying he had hoped Coupang would
[News Space=Reporter seungwon lee] Immediately after the arrest of former Venezuelan President Nicolas Maduro, the White House posted a determined black and white photo of President Donald Trump on its official Twitter account along with a strong message that read, "No more games. FAFO (F**k Around and Find Out)." The photo was taken on October 30, 2025, at the Gimhae International Airport terminal in Busan, shortly after President Trump held a bilateral meeting with Chinese President Xi Jinping at Gimhae Air Base for approximately 100 minutes during his visit to South Korea for the APEC summi
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UPDATE: 2026년 02월 15일 22시 56분
