Chinese appliance manufacturer Dreame is focusing on 'trust' as a key factor in the South Korean market, following its success in technology. With Chinese companies already holding a significant share in the robot vacuum sector, Dreame aims to enhance its competitive edge against local giants Samsung Electronics and LG Electronics by strengthening data privacy and after-sales service (AS).On August 21, Dreame held the 'Dreame in Seoul' event in the Han River Gavit Island in Seocho-gu, Seoul, whe

President Lee Jae-myung's approval rating has slightly increased, matching his disapproval rating at 45%, according to a survey released on August 21. This marks a 1 percentage point rise from the record low of 44% reported in the second week of August.The survey, conducted by Korea Gallup from August 18 to 20 among 1,004 adults aged 18 and older, found that 45% of respondents approved of the president's job performance, while another 45% disapproved. Eleven percent of respondents chose not to e

A shaman who previously predicted the election and impeachment of former President Yoon Suk Yeol is now drawing attention for forecasting the impeachment of President Lee Jae-myung.The shaman, identified as A, recently posted a lengthy message on social media, stating, "I have been saying since before the election that President Lee Jae-myung will not complete his term. It seems that time is running out now."A continued, "When I said that Yoon would become president despite being last among the

Kwon Jin-mi, CEO of Home & Shopping, has joined the 'Relay Campaign to Eradicate Youth Illegal Gambling.'According to Home & Shopping, the campaign aims to raise awareness among students about the dangers of illegal online gambling and to prevent its spread. Participants post certification photos conveying messages against illegal gambling and nominate the next participant.Kwon was invited to participate by Lee Il-yong, CEO of Public Home Shopping. She has named Park Jung-min, CEO of KT Alpha, a

The nationwide first-choice subscription competition rate for apartments has remained in single digits for 13 consecutive months, indicating a continued slump in the subscription market.According to an analysis by Realhouse on August 21, the average first-choice competition rate for nationwide apartment subscriptions in July was recorded at 5.86 to 1, a decrease of 0.05 points from the previous month based on a 12-month moving average.The nationwide first-choice competition rate has been in sing

Genesis has launched the GV90, a large flagship sports utility vehicle (SUV), completing its full lineup of electric vehicles (EVs) from compact to full-size. This fall, Genesis will also introduce its first hybrid models, the GV80 and G80, as part of its strategy to strengthen its growing portfolio of eco-friendly vehicles.According to Hyundai Motor, Genesis has sold a total of 450,049 vehicles in the U.S. since its official entry into the market in 2016, as of July this year. Last year, the br

Comico, a company specializing in cleaning and coating semiconductor equipment parts, saw its shares soar by over 27% on the first day of trading following a stock split.As of 1:37 PM on August 21, Comico's stock was trading at 27,700 won, up 5,900 won (27.06%) from the previous trading day, according to the Korea Exchange.The company had suspended trading since July 29 to facilitate electronic registration changes related to the stock split, which was implemented to increase the number of share

The Korea Drug Agency (KFDA) is set to ease administrative burdens on the pharmaceutical industry by changing the approval process for minor modifications to a reporting system. The approval processing time for clinical trial plans that pass preliminary review will also be reduced by up to one-third.On August 21, the KFDA announced a legislative notice for amendments to the 'Regulations on the Safety of Medicines and Related Products,' inviting public comments until October 21.The key focus of t

Amid chronic yen depreciation, Japanese households and businesses are increasingly diversifying their yen assets into foreign currencies due to concerns that the yen's value may decline further. The increase in foreign currency deposits from April to June this year marked the largest since the full liberalization of foreign currency deposits in 1998.According to the Nihon Keizai Shimbun (Nikkei) on August 21, the average balance of foreign currency deposits at domestic banks in Japan for the Apr