KOSPI Plummets Over 3% Amid Weakness in U.S. Tech Stocks
On August 25, the KOSPI index opened sharply lower, dropping more than 2% due to weakness in U.S. tech stocks. The KOSDAQ also fell over 3%, losing its footing above the 800 mark.As of 9:08 a.m., the KOSPI was down 215.63 points (-3.22%) at 6,481.33. The index started the day at 6,353.93, down 161.03 points (-2.40%), and continued to decline.In the main market, individual investors were net buyers, purchasing 823.8 billion won. Meanwhile, foreign and institutional investors sold a net 773.3 bill
Ministry of Culture to Host Employment Training for International Tourism Organizations
The Ministry of Culture, Sports and Tourism is offering young people preparing for careers in international tourism organizations an opportunity to gain job knowledge and international skills.The ministry announced that it will hold an "International Tourism Organization Employment Training" program on September 18 and 19 at the Korea Tourism Organization's Seoul Center.The training is open to 50 domestic university and graduate students interested in employment with international tourism organi
Bank of Korea Provides 20 Billion Won in Emergency Support for SMEs Affected by Heavy Rain
The Bank of Korea will provide 20 billion won in emergency financial support to small and medium-sized enterprises (SMEs) and small business owners affected by heavy rain in the Gyeongnam region.On August 25, the Bank announced that it would support SMEs impacted by the heavy rain through its financial intermediary support loans.The Bank plans to urgently allocate 20 billion won from the reserve portion of its financial intermediary support loan limit to the Gyeongnam branch, which oversees the
Samyang Foods' Samyang1963 and Buldak Sauce Win Red Dot Design Award
Samyang Foods announced that its premium ramen "Samyang1963" and its flagship sauce product "Buldak Sauce" have won the Red Dot Award 2026 in the packaging design category.The Red Dot Design Award is considered one of the three major design awards globally, alongside Germany's iF Design Award and the U.S. IDEA. It evaluates products based on their appearance, design quality, usability, innovation, and responsible design. Samyang Foods has achieved recognition in global design awards for two cons
Kim Se-hoon of Hwacheon County Wins Top Award for Manifesto Commitment
Kim Se-hoon, the head of Hwacheon County in Gangwon Province, received the top award in the election publicity category at the 2026 Manifesto Awards for his commitment to enhancing residents' income. This recognition highlights the clarity and execution plans of his promises made during his term.According to Hwacheon County, the Korea Manifesto Practice Headquarters held an award ceremony on August 24 at the Ferum Tower in Jung-gu, Seoul, where Kim was represented by Deputy County Head Ahn Jung-
Man Injured After Being Thrown from Amusement Ride in Incheon
A man in his 30s was injured after being thrown from the 'Disco Pang Pang' ride at an amusement park in Incheon.According to police and the Incheon Fire Department, the incident occurred on August 23 at approximately 9:23 PM at a park in Jeongseon-dong. The man, identified as A, fell from the ride.At the time of the accident, A sustained injuries to his head and back and was transported to a hospital for treatment. However, it was reported that he was conscious and able to move when emergency re
SK Hynix Executives Visit Gwangju Military Airport for Semiconductor Cluster Site Review
Executives from SK Hynix visited the Gwangju Military Airport site to assess the potential for establishing a semiconductor production hub. On August 24, Yum Seong-jin, President of SK Hynix (Head of Communications), along with Hwang Mu-yeon and Park Ho-hyun, Vice Presidents, visited the Gwangju Military Airport. Kim Gi-hong, head of the Gwangju Semiconductor Industry Support Team, also attended the meeting. The SK Hynix delegation inspected the site and surrounding areas from the military airpo
Kim Ye-gun Joins Serbian Club Red Star Belgrade on Five-Year Deal
Rising star Kim Ye-gun has transferred to Serbian powerhouse Red Star Belgrade.On the 25th, the club announced on its website that it has signed a five-year contract with Kim, who will wear the number 19 jersey.Kim is currently a senior at Jeonju Youngsaeng High School, part of the Jeonbuk Hyundai youth team. Born in August 2008, he recently turned 18.This season, Kim made his professional debut in the K League 1, playing in eight matches. He scored his first professional goal on July 11 against
Samsung Card Partners with Korea Expressway Corporation to Enhance Data Collaboration
Samsung Card is collaborating with the Korea Expressway Corporation to combine consumer and mobility data to support safety management at local festivals and boost tourism.On August 25, Samsung Card announced that it has signed a memorandum of understanding (MOU) with the Korea Expressway Corporation to facilitate public-private data cooperation aimed at enhancing safety management for local festivals and promoting tourism.Under this agreement, the two organizations plan to explore various colla
Defense Ministry to Hold Public Hearing on Establishment of Military Academy
The Defense Ministry announced that it will hold a public hearing on the establishment of the Military Academy on the afternoon of the 26th at the Defense Convention in Yongsan, Seoul.The ministry had previously announced the plan for the public hearing on the 4th. This event will also be broadcast live via the Defense Public Relations Agency and YouTube.The Defense Ministry has been gathering feedback since it unveiled its basic plan for the establishment of a four-year Military Academy, which