
AI-generated summary
Coupang announced on the 10th that it will hold a 'Black Necessities Week' until the 22nd and showcase a variety of daily necessities at reasonable prices.
Coupang announced on the 10th that it will hold a 'Black Necessities Week' until the 22nd and showcase a variety of daily necessities at reasonable prices.
Approximately 20,000 products from over 200 popular brands, including Kleenex, Elastane, Snuggle, Illiyun, and Clean Nara, are sold at a discount.
At 10 a.m., a first-come, first-served special price corner will be opened and new products, including products priced as low as 1,900 won, will be introduced by date.
Representative products include dish detergent, bleach spray, hand wash, and sanitary napkins.
A Coupang official said, "This is an event prepared for customers who want to shop economically. We will provide special products and various additional benefits."

POSCO International completed the construction of the 2nd LNG Terminal in Gwangyang, Jeollanam-do. Equipped with two storage tanks and a wharf and bunkering pier, this terminal has a total storage capacity of 1.33 million kL, making it the largest in Korea for a single private company. Chairman Jang In-hwa emphasized improving the completeness of the LNG value chain and contributing to national energy security.

A study was announced at the 3rd meeting of the Payment Innovation Task Force of the Ministry of SMEs and Startups showing that shortening the statutory delivery payment deadline from the current 60 days to 30 days would generate 13.9 trillion won in annual social benefits based on external audit companies. If expanded to include non-externally audited small and medium-sized enterprises, it is estimated to reach up to 21.6 trillion won.

Amid uncertainty about the future of Nvidia CEO Jensen Hwang, CFO Colette Kress, Vice President Ian Buck, and CEO Hwang's children and sons-in-law are being mentioned as internal candidates, while CEOs of Google Cloud and AWS are being mentioned as external candidates. NVIDIA dismissed rumors of CEO Hwang's resignation, saying he would continue to lead the company.

The Ministry of Employment and Labor and the Korea Social Enterprise Promotion Agency held the '2026 Social Enterprise International Forum' at COEX Magok, Seoul on the 10th. The theme of the forum is ‘How social enterprises are becoming essential infrastructure in the community: New horizons for adult social enterprises.’ There was a keynote lecture by OECD team leader Amal Shubro, and congratulatory remarks by Labor Minister Kim Young-hoon and Promotion Agency Director Jeong Seung-guk, and domestic and international cases were shared, including the Household Medical Welfare Social Cooperative, Dream Whale Social Cooperative, Taiwan's Nine Floor Coliving, and Hong Kong's The Project Futureus.

Minister of Trade, Industry and Energy Kim Jeong-kwan announced that the Honam semiconductor cluster fab deployment is scheduled to be completed within this month and that there is no intention to withdraw corporate investment. The outline of the military airport relocation is expected to appear around 2027.

US Ambassador Michelle Steel told a Seoul forum that American companies in South Korea deserve a level playing field, a day after Seoul fined Coupang $223 million for market dominance abuse. She also referenced South Korea's defense spending pledge to 3.5% of GDP and its $350 billion US investment commitment.