Super funds slammed for ‘blaming customers for complaints’

Click here for more articles by Kormedi.com. Comedian Shin Bong-sun, who has drawn attention for her slimmer figure, turned down even a tempting snack to stay on track with her diet. Shin recently posted a photo of a black plastic bag on social media, writing, “Hotteok my older sister bought me from Namdaemun. I won't eat it.” She also shared a full-body photo taken at a gym, saying she was playing tennis and attending a personal training session. Shin previously revealed that she had lost 11 kilograms in just 100 days. She has since continued to exercise regularly and manage her diet. Hotteok: A calorie bomb with sugar and oil Hotteok is a snack made by filling wheat flour dough with a sweet filling and cooking it in oil. The carbohydrates in the dough, combined with sugar and oil, make the snack high in calories. Its calorie content varies depending on its size, filling ingredients and the amount of oil used during cooking. According to the Ministry of Food and Drug Safety's food nutrition database, hotteok containing nuts has 314 kilocalories per 100 grams. Eating a 150-gram hotteok

Hanwha Group has won its first contract to build a warship for the United States Navy after its acquisition of Philadelphia-based Philly Shipyard in December 2024, marking a tangible step forward in the Korea-U.S. shipbuilding cooperation initiative known as Make American Shipbuilding Great Again (MASGA). Hanwha Group said Sunday that Hanwha Defense USA has signed a $269 million (357.5 billion won) contract with TOTE Services to build a landing ship medium (LSM). TOTE Services is a vessel construction manager entrusted by the U.S. Navy with overseeing shipbuilding contracts and managing vessel construction. The construction of the LSM is expected to begin in the fourth quarter of next year, and the contract also includes options for three additional vessels. The LSM is an expeditionary landing vessel designed to support the U.S. Navy's operations in contested coastal areas, including the Indo-Pacific region. It is tasked with transporting and deploying Marine Corps personnel, equipment and supplies to coastal areas. The U.S. Navy aims to secure 35 LSMs. The vessel measures 100 meters in

Unionized workers at South Korean steelmaker POSCO will vote this week on a tentative wage agreement reached with management, the union said Sunday. The two sides have held 30 rounds of negotiations since June, while the union staged two partial strikes in September to demand higher wages and bonuses. Last week, the union said it would launch an "indefinite" strike from Nov. 2 unless the company presented an acceptable wage offer. On Friday, the union reached a tentative agreement on the company's latest offer, which includes a 2.6 percent increase in base pay, a one-off payment of 6 million won ($4,500) and improved benefits. Union members are scheduled to vote on the deal on Saturday. The union had initially demanded a 7.1 percent increase in base pay, a performance bonus equivalent to 600 percent of base pay, 50 company shares per worker and a holiday bonus equivalent to 200 percent of base pay. In addition to higher wages, the union cited staffing shortages and aging facilities as factors that could heighten the risk of workplace accidents. Management's previous offer included a 2.5 pe

Korea is shopping for real estate on the moon, and its newly established space agency has its eye on some of the lunar surface’s most forbidding neighborhoods. At a recent academic symposium, the Korea AeroSpace Administration (KASA) revealed a shortlist of prospective landing sites for two robotic missions scheduled for 2032. The agency is weighing 20 candidate zones for its flagship lunar lander and nine for a precursor soft-landing demonstration craft, signaling a decisive shift toward boots-on-the-surface ambitions for a nation long playing catch-up in deep-space exploration. Rather than sticking strictly to the lunar south pole — a crowded target for NASA’s Artemis program and rival missions seeking water ice — Korean scientists are eyeing a broader, strategically varied grid. The candidate list spans ancient impact basins, jagged basaltic plains, and deep pit craters that could house underground lava tubes. Among the standout targets for the early 2032 verification probe is Lacus Mortis, or the "Lake of Death," a pitted plain that scientists suspect holds collapsed lava tub

Two relatives from a family separated by the 1950-53 Korean War met for the first time in a third country in September, marking a rare reunion amid frozen inter-Korean relations. Tensions remain high on the divided Korean Peninsula as North Korean leader Kim Jong-un has ruled out talks with South Korea and defined inter-Korean ties as those between "two states hostile to each other." The meeting came five months after South Korea's Unification Ministry received a request from a North Korean member of a separated family seeking help to find a maternal uncle in South Korea. The request was relayed to the ministry by a North Korean defector living in the South. The ministry, which handles inter-Korean affairs, located the uncle in its database of separated families, only to learn that he had died 30 years earlier. After trying to contact the uncle's adult children using information in the database, a ministry official made contact with a 65-year-old cousin living in Gyeonggi Province near Seoul. The South Korean cousin readily agreed to contact the North Korean relative, saying the cousin's

President Lee Jae Myung’s overseas trips have again drawn attention to Korea’s shifting political standards, adding to a familiar cycle of disputes over presidential golf and the presidential plane whenever power passes between conservative and liberal administrations. The controversies center on taxpayer money and the public's attitudes toward presidential privilege, with governing parties defending certain activities as necessary for diplomacy or official duties and the opposition calling them wasteful or excessive — arguments that often switch sides under successive administrations. In the latest controversy, National Security Adviser Wi Sung-lac on Friday defended the frequency of Lee’s overseas trips accompanied by first lady Kim Hea Kyung. “Korea’s international standing requires its president to attend regular multilateral gatherings and bilateral visits,” Wi said. “Spouses also accompany leaders as an established diplomatic practice.” Wi’s defense followed an Oct. 1 analysis by Rep. Lee Jin-sook of the main opposition People Power Party (PPP). It counted 14 tri

A research team at Sejong University has found that stocks attracting greater attention from retail investors tend to generate lower returns in subsequent periods. The university said the findings were published last month in the prestigious Journal of International Financial Markets, Institutions & Money. The team was led by Lee Eun-mi, a professor at the university’s College of Business and Economics, and included doctoral students Yang Pujian and Yang Liu. The paper, titled “The Retreat of Arbitrage Capital: Attention Level and Nonlinear Order Flow Dynamics,” lists Yang Pujian as the first author, Lee as the corresponding author and Yang Liu as a co-author. The research team examined how retail investor attention affects institutional trading behavior and stock market returns. The researchers analyzed data from China’s A-share market spanning 2012 to 2024 and measured investor attention using the Search Volume Index (SVI) provided by Baidu, China’s leading search engine. The analysis found that stocks attracting greater investor attention tend to generate relatively lower retu

Hana Financial Group said Sunday it participated in the 2026 Autism Race the day before to promote public understanding of autism and foster a culture of respect and inclusion. The group has officially sponsored the annual running campaign, organized by the Autism Society of Korea, for seven consecutive years since 2020. About 100 participants, including Hana Financial Group Vice Chairman Lee Eun-hyung, employees and their families, voluntarily joined Saturday’s event, running alongside participants with autism. All registration fees paid by the group’s employees will be donated to the association to support people with autism. The campaign aims to encourage people to view differences not as barriers or grounds for discrimination, but as diversity that enriches society. “It is meaningful to join efforts to broaden understanding and respect for people with autism and build an inclusive society,” Lee said. “We will continue providing sincere attention and support so that people with autism and other members of society can grow together as respected members of our communities.” Han

Samsung Electronics Executive Chairman Lee Jae-yong visited the company’s semiconductor advanced packaging technology laboratory in Japan, Sunday, pledging to continue expanding its research workforce there and develop the lab into a global R&D hub for next-generation packaging technologies. According to Samsung Electronics, Lee visited Advanced Package Lab (APL) in Yokohama and discussed with researchers the latest developments in technologies for advanced packaging materials and processes, as well as ways to strengthen cooperation with Japan's materials, parts and equipment industries. Lee stressed the importance of securing advanced packaging technologies, as they are emerging as critical for artificial intelligence (AI) processor chips. APL was established in 2023 and held its official opening ceremony in September this year. Starting in 2024, Samsung Electronics has been investing 40 billion yen ($254 million) over five years to establish its research infrastructure in Japan and strengthen its competitiveness in advanced packaging technologies. APL specializes in developing and va

Institutional Shareholder Services (ISS) has recommended that shareholders vote in favor of appointing Lee Jae-keun as chairman of KB Financial Group. In its voting recommendations report obtained by The Korea Times, Sunday, the world's largest proxy advisory firm said "a vote for this resolution is warranted given the absence of any known issues concerning the nominee and the company's board dynamics." ISS also noted that KB Financial Group maintains good disclosure practices regarding committee meetings, voluntarily providing attendance records to help shareholders better assess directors' effectiveness and contributions. Most companies in Korea follow a disclosure template provided by the Korea Exchange that does not require companies to disclose committee meeting attendance records. As a result, it is common for companies to omit such information from regulatory filings, ISS added. The recommendation comes ahead of KB Financial Group's extraordinary shareholders' meeting on Nov. 20, when shareholders will vote on Lee's appointment as group chairman. If appointed, Lee will lead the gr

CJ Olive Young has expanded its Olive Better wellness retail platform to five locations, adding branches tailored to office workers and tourists as it seeks to make wellness products part of consumers’ everyday routines. The expansion comes nine months after the first store opened in Seoul’s Gwanghwamun area in January. The company added stores at Starfield Coex Mall in southern Seoul and in Seongsu in eastern Seoul both last month, adapting product selections and experiences to each neighborhood’s customers. The Coex store focuses on “office wellness,” targeting workers seeking convenient ways to maintain healthy habits during busy schedules. Healthy snacks and protein products occupy the front of the store, helping shoppers quickly find items suited to their needs. A Daily Routine Bar offers products for individual purchase, allowing customers to try wellness items during commutes or lunch breaks. The Seongsu store, which opened Friday, is the chain’s largest and emphasizes experiences for trend-conscious shoppers and foreign tourists. It includes Better Bar, a food and beve

A miniature keyboard presented by OpenAI CEO Sam Altman to Samsung Group executives is drawing attention, as the device is designed not for conventional typing but specifically for vibe coding using OpenAI's Codex. The gift is being seen as a glimpse into what Altman described to the executives as OpenAI's vision for the future of computer interaction. According to OpenAI and Samsung, Altman visited a Samsung Group training center in Yongin, Gyeonggi Province, Saturday and engaged in a fireside chat with more than 50 presidents of Samsung Electronics and other affiliates. During the event, Altman presented the Samsung executives with Codex Micro keyboards, designed to be used with Codex. Altman said the keyboard reflects the idea that people may no longer need a full keyboard in a world where they can interact with computers through voice commands and artificial intelligence (AI), adding that the device could also help users work with Codex more quickly. The Codex Micro Keyboard is a miniature keyboard released as the first hardware product under the OpenAI brand. Developed in collaborati