Hana Securities: Samyang Foods to Continue Growth Through Regional Diversification
Hana Securities projected on August 26 that Samyang Foods will maintain its long-term growth trajectory, supported by regional diversification and the operation of a new factory in China. The firm reiterated its 'buy' rating and set a target price of 1.8 million won.Analyst Shim Eun-joo stated, "Samyang Foods has significant expansion potential in the long term due to its regional diversification." In the second quarter, Samyang Foods reported consolidated sales of 770.3 billion won, a 39.3% inc
Family of Missing Woman Urges Restraint After Body Found
The body discovered on August 24 at a palm tree farm in Hanlim-eup, Jeju, has been identified as that of Jang Mi-ran, a 37-year-old woman who had been missing for an extended period. Following the confirmation, her family has requested that the public refrain from criticizing the police.On August 24, Jang's cousin took to social media to express, "Not all police are corrupt, nor are they all incompetent. We appreciate the efforts of the many police officers and coast guard members who have worke
Mirae Asset Securities: Samsung Electronics' Stock Drop Overstated Amid Market Fears
Mirae Asset Securities stated that Samsung Electronics' stock price is excessively reflecting macroeconomic uncertainties, maintaining a 'buy' rating and a target price of 370,000 won. The firm believes that record-high shareholder returns, improvements in the memory market, and competitive custom HBM technology could lead to a reevaluation of the company's value.In a report released after the market closed the previous day, analyst Kim Young-geon noted, "The current price-to-book (P/B) and pric
New Trade Chief Emphasizes Unified Response to U.S. Trade Issues
Park Jeong-seong, the new head of the Ministry of Trade, Industry and Energy's Trade Negotiation Headquarters, held the first meeting of the Trade Promotion Committee after his appointment, addressing U.S. tariffs, non-tariff measures, and investment issues.On August 26, the Ministry convened the 59th Trade Promotion Committee at the Government Sejong Center, chaired by Park, with participation from senior officials from relevant ministries.The ministry reviewed recent trade issues with the U.S.
Russian Media Reports US-Iran Ceasefire Agreement Expected Soon
Russian news agency RIA Novosti reported on August 25 that Iran and the United States have agreed to a ceasefire, with an official announcement expected in the coming days. However, there has been no official confirmation from either the US or Iranian governments.According to RIA Novosti, citing sources from Pakistan and Iran, the agreement includes provisions for ensuring free navigation in the Strait of Hormuz. No follow-up reports from the agency have emerged yet.This report comes as Pakistan
Private Asset Managers Outperform Large Firms in ETF Market
◆아주경제 주요뉴스▷ETF는 '속빈 강정'? ...사모운용사, 대형운용사 제치고 수익 대약진- In the first half of the year, while large asset management firms saw an increase in assets under management due to a booming ETF market, their profitability remained relatively weak due to low management fees and intensified competition.- Mirae Asset Management topped the list with a net profit of 906.3 billion won, while private asset managers like Korea Investment Value, Tiger, DS, and Timefolio dominated the
Iran: U.S. Must Fully Comply with Obligations for Strait of Hormuz Reopening
The Iranian government has stated that the full compliance of the United States with its obligations is a prerequisite for reopening the Strait of Hormuz.On August 25, Kazem Gharibabadi, Iran's Deputy Foreign Minister, said in an interview with state-run IRIB that "before taking measures to reopen the Strait of Hormuz, the United States must fully comply with all obligations it has violated."He added, "We preemptively blocked the strait before the imposition of serious economic sanctions by the
Canada Imposes $20 Billion Retaliatory Tariffs on U.S. Goods
Canada announced on August 25 that it will impose retaliatory tariffs of up to 50% on approximately $20 billion worth of U.S. products in response to American tariffs. This marks a significant escalation in the trade conflict between the North American allies.According to Reuters, the Canadian Ministry of Finance stated that it will apply varying tariffs of 15%, 25%, and 50% on about 700 U.S. products, totaling 27.6 billion Canadian dollars (approximately $20 billion). These tariffs will take ef
Business Sentiment Reaches Highest Level in Nearly Four Years Amid Semiconductor Boom
Business sentiment among companies has improved to its highest level in nearly four years, driven by a strong semiconductor sector and increased demand in transportation, leisure, and the recovery of broadcasting and film services during the vacation season.According to the Bank of Korea's 'August Business Survey Results' released on the 26th, the Composite Business Sentiment Index (CBSI) for all industries rose to 99.6 this month, an increase of 1.1 points from the previous month. This marks th
Seoul Women's University Launches AI Major, Accepts 991 Students for 2027 Admissions
Seoul Women's University will select 991 students, accounting for 54.8% of its total admissions, in its early admissions process for the 2027 academic year. Earlier this year, the university announced its AX (AI Transformation) slogan, "AI to Learn, Human to Share," emphasizing a vision for participatory and convergent AI education. In line with this educational innovation, the university has established a new "Artificial Intelligence Major" within its AI Convergence Department and restructured