Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Coupang e-commerce company based in Seoul, South Korea, has unveiled its newest fulfillment center in Daegu. The facility is also said to be the largest warehouse of its kind in Asia.
Coupang’s Daegu fulfillment center is not an ordinary one, as it was fitted with robots to help with the workload. It is a hi-tech fulfillment center that offers a glimpse of what the future logistics would be like.
The company showcased its new facility late last week, and it definitely boasts of advanced automation technology that uses artificial intelligence (AI). The Korea Times reported that this logistic system that uses AI automation to handle all delivery processes - starting from the collection of orders to packaging and sorting before shipment is one of the exceptional technologies in the hub.
It was learned that the Korean e-commerce firm put in more than KRW320 billion, or about $255.8 million, to build this fulfillment facility in Daegu. It is so wide that its size was said to be equivalent to 45 soccer stadiums.
Inside the warehouse, there are driverless forklifts, sorting bots, and automated guided vehicles or AGVs. These are just some of the impressive logistics technologies to be found here.
The entire building has a total of 10 floors aboveground, while the number of floors underground was not specified. The seventh and ninth levels are filled with 1,000 AGVs for stocking and collecting of goods that were ordered online. Previously, human employees did this work, they run around and climbed ladders to find items on the shelves.
“AGVs reduced the total workload by 65 percent as the robots deliver the shelves with hundreds of products to their designated station within an average of two minutes,” Korea Joongang Daily quoted Kim Chun Sung, the senior manager at Coupang Fulfillment Center, as saying. “The robots eliminate all of the human labor going into sorting.”
He added, “They sort and move the products based on the regions in just a few seconds, recognizing the barcode of the address affixed to the package with a scanner and they are perfectly optimized for our Rocket Delivery service.”
