Market Leaders Rebound, But Investor Sentiment Remains Stagnant
Market leaders have begun to rebound, yet investor sentiment remains sluggish. Major stocks that plummeted last month are recovering this month, but stock turnover has dropped to its lowest level of the year.According to the Korea Exchange, the average daily turnover rate of KOSPI-listed stocks was recorded at 0.56% from the beginning of this month until the 21st, the lowest level since 0.50% in August of last year. The turnover rate, calculated by dividing trading volume by the number of listed
Kyobo Securities: E-Mart Shows Strong Core Business Growth, Anticipates Improved Q3 Performance
Kyobo Securities reported that E-Mart's core business growth continues, with expectations for gradual improvement in the performance of its major subsidiaries starting in the second half of the year. The firm maintained its 'buy' rating and target price of 110,000 won.Research analyst Jeong Jin-young noted, "E-Mart's standalone operating profit for the second quarter of this year was 25.6 billion won, a 64.1% increase compared to the same period last year," adding, "Same-store sales growth rates
Ecovacs Launches Special Promotion for Deebot X11 Series at 890,000 Won
Ecovacs is expanding its online sales in South Korea with the launch of its flagship robot vacuum, the Deebot X11 series. The company announced a special promotion for the Deebot X11 series on Naver Shopping Live at 7 PM on the 24th.During the event, the Deebot X11 OmniCyclone will be available for 890,000 won, while the direct delivery model, the Deebot X11 Pro Omni, will be priced at 990,000 won. Customers purchasing these models will receive a package of genuine accessories, including a main
KATSEYE Debuts at No. 1 on Billboard 200 with 'WILD,' Marking Fourth Record for Female Groups
KATSEYE, a girl group formed through a collaboration between HYBE and Universal Music, has reached the top of the Billboard 200 chart in the United States.Billboard announced on August 22 that KATSEYE's third mini-album, 'WILD,' debuted at No. 1 on the Billboard 200 for the week of August 29.This marks KATSEYE's first time achieving the top spot on the Billboard 200 since their debut in 2024. They are the fourth female group to reach No. 1 on this chart since 2020, following BLACKPINK's 'BORN PI
Disability Rights Group Plans Subway Protest at Seoul Station
The National Coalition for the Elimination of Discrimination against Persons with Disabilities (전장연) announced a protest at Seoul Station on the morning of August 24.In a statement via social media, 전장연 said, "We will conduct the 73rd 'Subway Ride for Commuters' at 8 a.m. at the Line 1 platform (toward City Hall Station) to demand the guarantee of next year's budget for disability rights."Seoul Metro also warned that a protest by a "specific disability organization" was scheduled for 8 a.m
Pence Proposes Deploying South Korean Missiles to Ukraine
Mike Pence, who served as Vice President during Donald Trump's first term, has proposed that South Korea provide its advanced interceptor missiles to the United States for potential deployment in Ukraine or the Middle East. This suggestion comes as U.S. air defense missile stocks have dwindled due to the ongoing conflict with Iran.While visiting Ukraine, Pence stated in a CNN interview on August 23 that he discussed the shortage of air defense weapons to counter Russian ballistic missile attacks
85% of Financial Supervisory Service Employees Consider Leaving if Relocated
The Financial Supervisory Service (FSS) faces a potential exodus of employees, with 85.6% indicating they would consider leaving if the agency relocates to a provincial area. Since 2022, a total of 481 employees have left the FSS, with 180 of them, or 37.4%, aged between 20 and 40.Among employees under 40, 92.5% are contemplating a job change, and 80.4% are actively considering it. The desire to leave is particularly high among professionals such as accountants and lawyers, who express concerns
North Korea and Belarus to Sign Mutual Visa Exemption Agreement Soon
Belarus and North Korea are set to sign a mutual visa exemption agreement for their citizens soon.On August 23, Belarusian state news agency BelTA reported that Foreign Minister Maksim Ryzhenkov discussed the visa exemption agreement and overall bilateral relations during a meeting with North Korean Foreign Minister Choe Son-hui.Ryzhenkov stated, "The draft agreement is already prepared, and only some details remain to be coordinated."This agreement is seen as a follow-up to a treaty on friendsh
K-Art Takes Center Stage with Major Exhibitions in Seoul
It is now time for K-Art. As the global art community turns its attention to Seoul this fall, contemporary Korean art will be showcased throughout the city. Major figures in Korean contemporary art, including Park Seo-bo, Yoon Hyong-keun, and Lee Kang-so, alongside internationally recognized artists like Seongdo Ho and Koo Jeong A, will present exhibitions that highlight the strength of K-Art. The excitement ignited by museums and galleries is spilling out into the streets. At the Dongdaemun Des
Trump Drives 'The Beast' at Freedom 250 Grand Prix in Washington
In a unique spectacle, race cars reached speeds of up to 200 miles per hour in Washington, D.C., on August 23, as the IndyCar Freedom 250 Grand Prix was held to commemorate the 250th anniversary of American independence.According to reports from Reuters and AFP, President Donald Trump participated in the event, taking a ceremonial lap around the circuit in his presidential limousine, 'The Beast,' and waving the starting flag.The race course, approximately 2.7 kilometers long, circled iconic land