China's largest NAND flash manufacturer, Yangtze Memory Technologies Co. (YMTC), has key technology developers and production leaders who previously worked at Samsung Electronics and SK Hynix. According to a securities filing submitted by YMTC for its initial public offering (IPO), among the 11 designated key technical personnel, Chief Scientist and Head of the Innovation Research Institute Huo Zhongliang and Manufacturing Process Center Director Gu Lixun both have experience at the Chinese bran

Recent comments by President Donald Trump have prompted a reevaluation of the U.S. alliance with its closest ally, the United Kingdom. On August 31, Trump indicated that the U.S. is reconsidering its stance on the Falkland Islands, which are under British control. This marks a potential shift from the neutral position the U.S. has maintained for over 40 years since supporting the U.K. during the 1982 Falklands War against Argentina. While no policy change has been finalized, it highlights that

Former Joint Chiefs of Staff Chairman Kim Myung-soo and key members of the martial law command denied charges of insurrection during their first court appearance. They are accused of involvement in the establishment of the martial law command and justifying the deployment of armed forces to the National Assembly.The Seoul Central District Court's Criminal Division 37-2, presided over by Judges Oh Chang-seob, Ryu Chang-seong, and Jang Seong-hoon, held the hearing on charges against Kim, former Vi

Coupang Eats is accelerating efforts to expand online sales channels for traditional market vendors. The company announced on September 1 that sales from participating stores in the 'Our Neighborhood Real Market - Sokcho Tourist Fish Market' promotion increased by 87% compared to the same period last month. The promotion ran from July 16 to August 17, targeting summer vacation tourists and local consumers. Coupang Eats provided discount coupons and highlighted recommended stores, while also supp

Lotte Chilsung Beverage is lowering the alcohol content of its soju 'Chuhmchurum' as it celebrates the product's 20th anniversary. The company announced on September 1 that it will begin selling a version of Chuhmchurum with an alcohol content reduced from 16% to 15.7% starting in mid-September. The new product will be distributed across all channels, including restaurants, bars, large supermarkets, and convenience stores, as existing stock is depleted. To maintain the original flavor while lowe

Last year, South Korea's national healthcare spending approached 225 trillion won, setting a new record. According to the '2025 National Health Accounts' statistics released by the Ministry of Health and Welfare and the National Health Insurance Corporation, total national healthcare costs reached 224.9936 trillion won, an increase of 3.8% (approximately 8.4 trillion won) from the previous year. The average healthcare expenditure per person also hit a record high of 4.353 million won. The propor

Park Je-gwang has been appointed as the new CEO of DB Life Insurance. DB Life announced on September 1 that it had finalized Park's nomination as the next CEO during a board meeting held on August 31. The official appointment will be confirmed at a shareholders' meeting and board meeting scheduled for September 16. Born in 1963, Park graduated from Seoul National University with a degree in business administration and joined DB Insurance in 1991. He has worked for approximately 35 years in var

The first Wungbi Paldo Park Golf Tournament, which promoted itself as a 'pure amateur' event, has become embroiled in controversy over participant eligibility, prize distribution, and the reduction of public sports facility fees.Hosted by the Mokpo Sports Club, the tournament took place from August 1 to 22 at the Hampyeong Park Golf Course, attracting a total of 2,353 participants across four preliminary rounds and the finals. The organizers advertised a total prize pool and gifts worth 200 mil

이재명 대통령은 2027년도 예산안과 관련해 "대한민국을 초격차 선도 국가로 도약시키는 든든한 디딤돌이자 국민 삶 전반에 가시적인 변화를 이끄는 마중물이 돼야 한다"고 밝혔다. 이 대통령은 1일 청와대에서 국무회의를 주재하고 "지금 우리는 저성장 고착화냐, 잠재성장률 반등이냐의 갈림길에 서 있다"며 이같이 말했다. 정부는 이날 국무회의에서 2027년도 예산안과 기금운용계획안, 2026~2030년 국가재정운용계획을 심의했다. 내년도 일반회계 지출은 700조1000억원으로 올해 본예산보다 37.9% 늘었고, 22개 특별회계 지출은 13