HD Hyundai Oil Bank to Provide Support Funds to Domestic Gas Stations Amid High Oil Prices
HD Hyundai Oil Bank will provide support funds to over 2,100 gas stations across the country.On August 14, HD Hyundai Oil Bank announced that it will distribute a total of 50 billion won to alleviate the financial burden on gas stations due to high oil prices and the implementation of the maximum price system following the outbreak of the U.S.-Iran war. The funds aim to maintain a stable supply chain for petroleum products.The support will be available to gas stations that have signed a petroleu
KG Chemical Reports 2nd Quarter Operating Profit of 90.9 Billion Won, Up 15.3% Year-on-Year
KG Chemical announced on August 14 that it recorded sales of 2.58 trillion won and an operating profit of 90.9 billion won for the second quarter. Both sales and operating profit increased by 18.3% and 15.3%, respectively, compared to the same period last year.Major subsidiaries also demonstrated stable growth across their business sectors, contributing to the overall strong performance.KG Steel reported second-quarter sales of 896.4 billion won and an operating profit of 43.1 billion won, marki
Anyang Sam Hospital Receives Top Rating in Patient Experience Evaluation
Anyang Sam Hospital, part of the Hyosan Medical Foundation, has received a top rating in the fifth national patient experience evaluation conducted by the Health Insurance Review and Assessment Service. According to the hospital on August 14, this evaluation assessed the medical services experienced by hospitalized patients, focusing on communication with medical staff, explanations of treatment processes, patient participation, nursing services, hospital environment, and patient safety. No
KOSPI Fluctuates Around 7000 Mark with Early Gains; KOSDAQ Rises Over 1%
The KOSPI index surged over 2% in early trading, fluctuating around the 7000 mark. The KOSDAQ also showed a rise of over 1%.According to the Korea Exchange, as of 9:06 a.m., the KOSPI was trading at 6976.33, up 162.99 points (2.39%) from the previous trading day. The index opened at 6995.67, up 182.33 points (2.68%), and reached a high of 7010.86 early in the session.In the securities market, individual and foreign investors were net buyers, purchasing 470.5 billion won and 201.7 billion won, re
Rain Expected on East Coast and Showers Elsewhere as Liberation Day Holiday Approaches
On August 14, the day of Malbok, rain is expected to continue on the East Coast, while other regions will experience scattered showers. On Liberation Day, August 15, the central region will see showers, and rain will fall in the southern regions and Jeju, providing relief from drought conditions.According to Yonhap News, Typhoon Chan-hom, now weakened into a low-pressure system, is located over the East Sea. The accompanying low-altitude clouds are causing overcast skies nationwide, with the Eas
China's Top Foundries SMIC and Huahong Report Triple-Digit Profit Growth
China's leading foundry companies have reported significant increases in net profit, prompting both to accelerate expansion plans.On the night of August 13, SMIC (Semiconductor Manufacturing International Corporation), the country's largest foundry, announced that its second-quarter revenue reached $3.056 billion, marking a 36.1% increase year-over-year and a 20% rise from the previous quarter. This is the first time SMIC's quarterly revenue has surpassed $3 billion.SMIC's net profit for the sec
Russian Opposition Politician: Putin Aware of War Fatigue
Recently escaped Russian opposition politician Boris Nadezhdin, 63, claimed that the prolonged war has increased fatigue among the Russian populace, and that President Vladimir Putin is aware of this.In an interview with CNN on August 13, Nadezhdin stated, "President Putin and his inner circle know that they must stop the war to regain public support." However, he expressed uncertainty about whether Putin would actually end the conflict.Nadezhdin asserted that voices calling for peace are growin
Cheongyang Jeongsan Hyanggyo Cheongaru Designated as National Treasure
The Cultural Heritage Administration announced on August 14 that it plans to designate 'Cheongyang Jeongsan Hyanggyo Cheongaru' (referred to as Cheongaru) as a national designated cultural heritage (treasure).There are no records indicating the exact date of Cheongaru's construction. However, it is believed to have been relocated to its current site in the early 17th century, based on a record from 1630 requesting the establishment of the Hyanggyo and inscriptions found on roof tiles recovered f
Korea Agricultural Technology Promotion Agency to Hire Eight New Employees
The Korea Agricultural Technology Promotion Agency announced on August 14 that it will publicly recruit new employees to drive the practical application of research and development achievements in agricultural science and technology. A total of eight positions will be filled, including three professional roles and five public service roles. Details regarding the responsibilities and qualifications for each position can be found on the agency's official website. The recruitment process will utili
Final Resolution Possible in Choi Tae-won and Noh So-young's Asset Division Case
The long-standing asset division lawsuit between Choi Tae-won, chairman of SK Group, and Noh So-young, director of Art Center Nabi, may reach a conclusion today. If both parties forgo an appeal, a ruling from the Supreme Court will require Choi to pay Noh 944 billion won. However, if either side files an appeal, the case will return to the Supreme Court for further judgment.According to legal sources, today marks the final day for both parties to appeal the Supreme Court's ruling on the asset di