Samsung C&T's Raemian Landscaping Wins IDEA Design Award for Third Consecutive Year
Samsung C&T's construction division has won the prestigious IDEA Design Award, one of the world's top three design competitions, for its Raemian landscaping projects for the third consecutive year.On August 20, Samsung C&T announced that its Raemian landscaping received two main awards in the environmental category at the 'IDEA 2026.' The award-winning projects are the 'Wind Library Garden' at Raemian One Perla in Seocho-gu, Seoul, and the 'Blue Forest Garden' at Jamsil Raemian I-Park in Songpa-
Daehan Electric Wire Localizes HVDC Undersea Cable ROV, Expanding Competitiveness in Undersea Construction
Daehan Electric Wire is embarking on the localization of underwater robots necessary for the construction of high-voltage direct current (HVDC) undersea cables. This initiative aims to internalize not only cable manufacturing capabilities but also installation equipment and construction technology, in response to large-scale power grid projects such as the West Coast Energy Highway.On August 19, Daehan Electric Wire announced that it has signed a memorandum of understanding with marine robotics
Daishin Securities Raises Lotte Rental's Target Price to 60,000 Won Ahead of TPG Acquisition
Daishin Securities has maintained a "buy" rating for Lotte Rental and raised its target price to 60,000 won ahead of the company's acquisition by private equity firm TPG.In a report released on August 20, analyst Park Kang-ho noted that the largest shareholder of Lotte Rental has changed from Hotel Lotte and Busan Lotte Hotel to TPG, which holds a 61.17% stake.Park stated, "The acquisition price of 59,000 won per share is considered a premium price for the new major shareholder. Given the compan
NH Nonghyup Bank Strengthens Personalized Financial Services Strategy
NH Nonghyup Bank is enhancing its strategy for personalized financial services by proactively understanding individual customer situations and financial needs.On August 20, NH Nonghyup Bank announced that it held a discussion at its headquarters in Jung-gu, Seoul, focused on the direction of its artificial intelligence transformation (AX) initiatives.The meeting included team leaders from relevant departments such as marketing, AX, data, platform, and technology. Participants shared strategies f
ETF Trading Volume Drops to April Levels Amid Leverage Regulation
This month, the average daily trading volume of domestic exchange-traded funds (ETFs) has fallen to half of last month's levels. This decline is attributed to stricter regulations on single-stock leverage products that were implemented at the end of July.According to the Korea Exchange, from August 3 to 19, the average daily trading volume of ETFs was recorded at 17.4371 trillion won. This represents a 47.6% decrease compared to last month's average of 33.2909 trillion won.The average daily trad
SK Hynix Unveils Next-Gen Optical Interconnect Technology for AI Data Centers
SK Hynix has introduced next-generation optical interconnect technology aimed at addressing data bottlenecks between systems in AI data centers, moving beyond high-bandwidth memory (HBM). The focus is on transitioning data transmission between chips, racks, and pods to optical communication in massive AI infrastructures that connect thousands of GPUs and HBM.On August 20, SK Hynix announced that it has published a research paper on Co-Packaged Optics (CPO) technology in the international journal
Lee Kang-in Scores Debut Goal for Atletico Madrid, Named MVP
Lee Kang-in made a stunning debut for Atletico Madrid in La Liga, scoring the winning goal in his first official match.On August 20, in a home match against Malaga at the Estadio Metropolitano in Madrid, Lee came on as a substitute in the second half and netted the decisive goal, leading Atletico to a 2-0 victory to kick off the 2026-2027 season.Having transferred from Paris Saint-Germain this summer, Lee returned to the Spanish league after three years. He started the match on the bench due to
Prequel to 'Inside Men' Confirmed with Cast of Ha Jung-woo, Ahn Bo-hyun, Park Hae-joon, and Jung Sung-il
The prequel to the film 'Inside Men,' titled 'Inside Men: The Birth of Villains' (working title), has confirmed its cast.Production company Hive Media Corp announced that actors Ha Jung-woo, Ahn Bo-hyun, Park Hae-joon, and Jung Sung-il will star in 'Inside Men: The Birth of Villains.'Set in the late 1980s, the film depicts the origins of the 'insiders' within a massive cartel formed by the media, capital, and power. It serves as the official prequel to the highest-grossing film rated for adults,
Kakao Mobility Accelerates U.S. IPO Plans, Aiming to Raise $1 Billion
Kakao Mobility is advancing its plans for an initial public offering (IPO) in the U.S., aiming to raise approximately $1 billion. The company has reportedly submitted relevant documents to the U.S. Securities and Exchange Commission (SEC) on a confidential basis.According to IPOX, a U.S. IPO specialist, Kakao Mobility is targeting around $1 billion for its IPO and has filed the necessary paperwork with the SEC confidentially. IPOX has identified Bank of America, Morgan Stanley, and UBS as potent
DB Securities Raises GS Target Price by 25% Amid Strong Refining Performance
DB Securities announced on August 20 that it has raised its target price for GS from 120,000 won to 150,000 won, a 25% increase, citing strong performance in the refining and lubricants sectors and expectations for new business investments fueled by substantial cash flow. The investment recommendation remains a 'buy.'Han Seung-jae, a researcher at DB Securities, stated, "As the refining and lubricants market continues to strengthen, GS Caltex's profit capacity is significantly improving. As the