Hanwha Life Launches 'Dementia Care MMT' to Cover Care Costs Upon Diagnosis
Hanwha Life announced the launch of its 'Dementia Care MMT (Flexible Trust Account)' on August 18, designed to protect customers' assets and cover care costs in the event of a dementia diagnosis. The Dementia Care MMT is a product that combines an existing MMT with a rider for moderate to severe dementia. Customers can use it freely like a regular MMT, but if they develop moderate to severe cognitive impairment (CDR score of 2 or higher), the rider activates, and trust funds are disbursed. At
Who is Kim Geun-sik, set to be released in 2027? Overview of his sexual assault case involving minors
Kim Geun-sik, who was sentenced to 15 years in prison for a series of sexual assaults against minors, is set to be released back into society in October 2027, raising renewed concerns about his past crimes and the implications of his release.On August 17, various online communities and social media platforms highlighted Kim's criminal history as his release date approaches.According to available records, Kim was convicted in 2006 for sexually assaulting minors in the Incheon and Gyeonggi regions
Samchully Bicycle Shares Surge Over 8% Following Buyback Announcement
Samchully Bicycle's stock price has surged over 8% in early trading after the company announced a plan for a public buyback and cancellation of its shares worth 12 billion won. This move has sparked investor optimism regarding shareholder returns.According to the Korea Exchange, as of 9:28 a.m., Samchully Bicycle's shares were trading at 4,640 won, up 350 won (8.16%) from the previous trading day. The stock opened at 4,880 won and briefly reached 4,905 won during the session.The sharp increase i
Seongnam Cultural Foundation to Celebrate 140th Anniversary of Korea-France Diplomatic Relations with 'Lacrima' Performance
The Seongnam Cultural Foundation will host the Korean premiere of the play 'Lacrima' by the National Theatre of Strasbourg to commemorate the 140th anniversary of diplomatic relations between Korea and France. The performances are scheduled for October 2 and 3 at the Seongnam Arts Center Opera House.According to the foundation on the 18th, 'Lacrima' has been featured on major stages including the Avignon Festival, the Odéon Theatre in Paris, and the Barbican Centre in London since its debut in 2
Hanwha Systems Expands Partnership with Austrian Drone Company for Advanced Communication Solutions
Hanwha Systems is significantly expanding its strategic partnership with Austrian drone specialist Schiebel, accelerating its entry into the global unmanned aerial vehicle (UAV) export market with advanced communication and electronic warfare equipment.On August 18, Hanwha Systems announced that it held a kickoff meeting for the development of a 'next-generation aerial communication UAV' at Schiebel's Korean office in Jongno, Seoul, attended by key officials from both companies.The aerial commun
Gwangju to Conduct Civil Defense Drill on August 20 in Preparation for Air Raids
The city of Gwangju will conduct a civil defense drill on August 20, in conjunction with the Ulchi exercise, to prepare for potential air raids. This will be the first drill since the city was integrated.The exercise aims to enhance citizens' ability to respond quickly and safely in the event of an air raid. It will take place simultaneously across the country, focusing on evacuation procedures and educating residents on emergency response protocols.At 2 p.m. on August 20, a siren will sound for
JW Pharmaceutical Applies for Clinical Trial of Obesity Drug Bopanglutide
JW Pharmaceutical has announced its initiation of a Phase 3 clinical trial for its obesity treatment candidate, Bopanglutide, which is administered once every two weeks.The company submitted the Investigational New Drug (IND) application for Bopanglutide to the Ministry of Food and Drug Safety on August 18. The trial will involve 300 adult participants in South Korea who are obese or overweight. The company plans to start the trial in December and evaluate the efficacy and safety of Bopanglutide
LIV Golf Cancels Season Finale Amid Financial Crisis, Ending Season Early
LIV Golf has canceled its season finale, the Team Championship, due to financial difficulties, ending the season a week earlier than planned.Major news outlets reported on August 18 that LIV Golf will not hold the Team Championship, originally scheduled for four days starting August 27 in Plymouth, Michigan.As a result, the tournament in Indianapolis, set to begin on August 20, will now serve as the final event of the 2026 season. LIV Golf plans to combine the individual awards with the crowning
Dongseo Foods Launches Brand Campaign for 2026 Kanu Barista Championship
Dongseo Foods is launching a brand campaign that allows consumers to experience the beans used in the upcoming finals of the 2026 Kanu Barista Championship, along with limited edition products.On August 18, Dongseo Foods announced that it will present limited edition products and both online and offline experiential events in conjunction with the finals of the 2026 Kanu Barista Championship, scheduled for September 19-20 at the Shinsegae Department Store in Gangnam.Now in its third year, the Kan
Daebon Korea Shares Surge 19% on North American Expansion News
Daebon Korea's stock has surged following news of its expansion into the North American market, including a restaurant venture in Canada and local sauce production in the United States.As of 9:24 a.m. on August 18, Daebon Korea shares were trading at 19,000 won, up 3,110 won (19.57%) from the previous trading day, according to the Korea Exchange.The surge in investor sentiment is attributed to Daebon Korea's announcement of a partnership with a Canadian hotel and real estate company, as well as