LS Electric and LS Cable are intensifying their efforts to penetrate the European power infrastructure market by focusing on next-generation power solutions, including high-voltage direct current (HVDC) and direct current distribution. As Europe faces the dual challenges of replacing aging power grids and expanding renewable energy, investments in the power grid are increasing. The companies aim to enhance their competitive edge by bundling their product offerings.On August 20, LS Electric annou

The New York Stock Exchange saw a slight rebound, aided by the U.S. Treasury's expansion of its long-term bond buyback program, which helped ease the recent surge in bond yields. With the pressure from rising interest rates somewhat alleviated and SK Hynix's announcement of a large-scale share buyback and cancellation, attention turns to whether the domestic market can recover from its recent decline on August 20.On August 19, the Dow Jones Industrial Average closed up 119.65 points (0.22%) at 5

This year, apple and pear production is expected to increase compared to last year. However, persimmon production, primarily in Gyeongnam province, may decline due to damage from heat waves and drought.The Ministry of Agriculture, Food and Rural Affairs announced on August 20 that the overall yield of major fruits is stable, indicating a reliable supply.The Korea Rural Economic Institute projected earlier this month that apple production would reach 487,100 tons, an 8.7% increase from the previo

Daol Investment Securities reported that Hanwha Aerospace has been selected as the sole prototype supplier for the U.S. mobile tactical cannon (MTC) project, significantly increasing its prospects in the U.S. market. As a result, the firm raised its target price from 2.14 million won to 2.46 million won while maintaining a 'buy' rating. Choi Kwang-sik, a researcher at Daol Investment Securities, stated, "Hanwha Defense USA has been selected as the sole prototype supplier for the MTC project, whi

Namyang Dairy has maintained its position as the leader in South Korea's liquid protein market for the second consecutive year with its 'Take Fit' brand. The company has seen significant growth in sales during the first half of this year by diversifying its product lineup, which includes high-protein drinks, shakes, and energy gels.On August 20, Namyang Dairy announced that, according to market research firm Market Link POS, it achieved the highest market share in sales among manufacturers in th

A fire at a used car export complex in Incheon destroyed 58 vehicles.According to Yonhap News and the Incheon Fire Department, the blaze broke out at 12:39 a.m. on August 20 in the Okryeon-dong area of Yeonsu District.The fire completely consumed 50 used cars, while another eight vehicles suffered partial damage. A 400-square-meter tent structure and used electronics were also burned.As thick black smoke billowed from the scene, fire authorities received over 20 reports of the incident.In respon

The KAIST research team has developed next-generation memory technology that enhances the performance of AI semiconductors while reducing power consumption. This innovation addresses the persistent defect issues associated with the three-dimensional structure of stacked semiconductors.On August 20, KAIST announced that a research team led by Professor Kwon Ji-min from the Department of Electrical Engineering, in collaboration with researchers from UNIST and Yonsei University, has developed a new

빗썸 has announced an update to its non-face-to-face account opening service, allowing users without a KB Kookmin Bank account to create one online without needing to install a separate banking application. With this update, Bithumb users who do not have a KB Kookmin Bank account can now open a new account in a web environment without the need to install the KB Star Banking app. Previously, users had to switch to the bank's app during the account creation process, but this change reduces the nee

Last month, buyers in their 30s accounted for the largest share of ownership transfer applications for multi-unit buildings in Seoul. Among the 25 districts in the city, Eunpyeong District recorded the highest number of buyers.On August 20, real estate information app Jipum analyzed data from the Supreme Court's registration information portal, revealing that in July, there were 16,172 buyers of multi-unit buildings in Seoul.This figure represents an increase of 1,091, or 7.2%, from June's total