Market Preview: New York Stocks Decline Amid Middle East Uncertainty; KOSPI Eyes 7000 Mark
The New York Stock Exchange experienced a decline due to uncertainties surrounding the Middle East and rising Treasury yields. However, the domestic market is showing signs of resilience, with the KOSPI potentially continuing its upward trend on August 18, bolstered by strong performance in U.S. semiconductor stocks during the holiday period and improved foreign investor sentiment.On August 17, the Dow Jones Industrial Average closed down 272.63 points (0.51%) at 53,459.78. The S&P 500 fell 40.7
Toss Revamps Website to Highlight 10 Years of Service Expansion
토스가 지난 10년간의 서비스 확장 과정과 향후 비전을 담아 공식 홈페이지를 전면 개편했다. 토스 운영사 비바리퍼블리카는 공식 홈페이지 내 70여개 페이지를 전면 재구성했다고 18일 밝혔다. 새 홈페이지는 간편 송금에서 출발해 주식과 쇼핑, 앱인토스 등으로 다양한 서비스를 넓혀온 과정을 보여주는 데 초점을 맞췄다. 개별 서비스를 각각 소개했던 기존 방식에서 벗어나 '금융부터 일상까지, 마침내 토스 하나로'라는 메시지 아래 토스의 사업 확장 과정을 하나의 이야기로 엮었다. 메인 화면에서는 스크롤을 내리는 순서에
Celltrion Expands in Europe with Direct Pharmacy Sales Model
Celltrion Chairman Sung-jin Seo is conducting on-site inspections in France to launch a direct pharmacy sales model across Europe.On August 18, Celltrion announced that it has completed the integration and restructuring of Gifrer, a French healthcare company acquired in May, and is now ready to leverage its pharmacy channel as a new growth engine.Since last week, Chairman Seo has been inspecting the operational status of the French subsidiary and Gifrer as part of a global sales review for the s
Hana Securities Lowers CJ Target Price Amid Profit Concerns
Hana Securities announced on August 18 that it has lowered its target price for CJ from 240,000 won to 200,000 won, reflecting a decrease in the value of its shares due to falling stock prices of major listed subsidiaries and declining profitability at its unlisted companies, CJ Olive Young and CJ Foodville.In a report released that day, analyst Choi Jeong-wook explained, "In the second quarter, CJ's consolidated revenue reached 11.5 trillion won, a 3.7% increase compared to the same period last
NH Investment & Securities Lowers SK Square Target Price Amid SK Hynix Stock Adjustment
NH Investment & Securities announced on August 18 that it has lowered the target price for SK Square from 2.7 million won to 2.28 million won, reflecting the recent adjustment in SK Hynix's stock price. The investment rating remains at 'buy.'Analyst Ahn Jae-min stated, "The recent decline in SK Hynix's stock, driven by concerns over peak operating profit, has also affected SK Square's share price. However, the market's worries about limited price increases in memory due to long-term contracts (L
SGA Solutions Reports $21 Million Operating Profit in First Half of 2026
SGA Solutions, a specialized IT security company, has reported a return to profitability in the first half of 2026. This turnaround is attributed to the full integration of Creon Unity, acquired last year, and the restructuring of its security business portfolio.In a disclosure on August 14, SGA Solutions announced that its consolidated revenue for the first half of 2026 reached 75.1 billion won ($57 million), with an operating profit of 2.13 billion won ($1.6 million). Revenue increased by 309.
Bitcoin Recovers to $64,000 Amid Weak Dollar and Improved Investor Sentiment
Major cryptocurrencies, including Bitcoin, saw a rise in prices as expectations for interest rate hikes by the Federal Reserve weakened due to disappointing U.S. economic indicators. The decline of the dollar also contributed to improved investor sentiment towards risk assets.According to CoinMarketCap, Bitcoin was trading at $64,234, up 2.36% from the previous day as of 8 a.m. on August 18.The price of Ethereum increased by 1.63% to $1,902. Binance Coin (BNB) and Solana also rose by 0.48% and 1
Yuanta Securities Raises Nongsim's Target Price Amid U.S. Sales Recovery
유안타증권이 18일 하반기에도 해외 성장세가 이어질 것으로 보고 농심의 목표주가를 57만원으로 올렸다. 농심은 미국 판매량 회복과 해외 사업 성장에 힘입어 2분기 시장 기대치를 웃도는 실적을 기록했다. 18일 유안타증권에 따르면 농심은 2분기 연결 기준 매출액 9561억원, 영업이익 593억원을 기록했다. 전년 동기 대비 매출은 10.2%, 영업이익은 47.6% 증가했다. 영업이익은 시장 기대치를 웃돌았다. 실적 개선은 해외 사업이 이끌었다. 국내 법인 매출은 전년 동기 대비 1.8% 증가하는 데 그쳤지만 해외 법인 매출은 30.6% 늘었다
Samsung Art TV Partners with Vienna Art History Museum to Enhance Masterpiece Collection
Samsung Electronics is adding 43 representative works from the Vienna Art History Museum to its Samsung Art Store.According to Samsung on August 18, the featured pieces include Pieter Bruegel the Elder's 'Tower of Babel,' Johannes Vermeer’s 'The Art of Painting,' and Gustav Klimt’s 'Nuda Veritas.' The collection also features landscape paintings by Canaletto and Bernardo Bellotto, as well as Giuseppe Arcimboldo’s 'Summer,' alongside masterpieces by Rubens, Velázquez, Caravaggio, Titian, Rembrand
SeAH Steel Holdings Reports 2nd Quarter Operating Loss of 50.8 Billion Won
SeAH Steel Holdings announced on August 13 that it recorded sales of 1.1669 trillion won and an operating loss of 50.8 billion won for the second quarter. While sales increased by 14.3% compared to the same period last year, the company shifted to an operating loss.On a standalone basis, SeAH Steel reported sales of 457.7 billion won and an operating profit of 32.6 billion won, marking increases of 19.2% and 54.3%, respectively, from the previous year.Despite logistical disruptions due to global