The Korea Land and Housing Corporation (LH) announced that Lee Seong-hoon, its president, sold two of his three properties while serving at the Blue House. On August 13, LH communicated to reporters that "Lee sold two of his three properties during his time at the Blue House," adding that "the apartment in Dogok-dong was sold in early June, and the apartment in Sejong City had a sales contract finalized in May." However, due to the remaining lease period for the tenant in the Sejong City apartm

ITCEN Global announced that its consolidated revenue for the first half of 2026 reached 5.58 trillion won, marking a 92% increase compared to the same period last year.During the same period, operating profit rose to 107.5 billion won, a 94% increase, while net profit surged to 109.8 billion won, up 153%. An ITCEN Global representative explained that the growth was driven by increased performance in gold distribution and trading businesses, including the Korea Gold Exchange, as well as IT servic

The Small Business Market Promotion Agency announced on August 13, 2026, that it has selected three outstanding cases for its 'Q2 2026 Praise Program.'The agency conducted an internal vote involving 244 employees to determine the top examples from 21 customer commendations submitted on its 'Praise Program' bulletin board.Hwang Ji-hyun, a manager at the Daegu Northern Center, was awarded first place. She received high praise for her meticulous guidance on loan procedures and documents, as well as

Hanwha Galleria has successfully turned a profit in the second quarter of this year, driven by increased demand for luxury goods and rising sales to foreign customers. Both revenue and profitability have improved significantly.On August 13, Hanwha Galleria announced that its consolidated operating profit for the second quarter reached 15.1 billion won, a turnaround from an operating loss of 4.8 billion won during the same period last year.During the same timeframe, sales rose to 150.9 billion wo

The second phase evaluation of the 'Reader AI Foundation Model' project, led by the Ministry of Science and ICT, has concluded, revealing the global benchmark results for domestic AI models. Notably, Motif Technologies' 'Motif3' achieved the highest score among domestic models, drawing significant attention to the evaluation results.According to the Artificial Analysis (AA) platform's 'Intelligence Index (AAII)' released on August 13, Motif's 'Motif3' scored 47 points, placing it among the top 1

The Democratic Party's convention is just four days away, and political experts generally predict a victory for candidate Kim Min-seok, who is currently leading in the polls. However, they also highlight the declining approval ratings of the Lee Jae-myung administration and the upcoming primary in Honam, the party's traditional stronghold, as critical factors that could influence the outcome, raising the possibility of a strong showing from Jeong Cheong-rae.Park Sang-byeong, a political commenta

KAI (Korea Aerospace Industries) announced on August 13 that it has signed a contract with the National Police Agency to supply one additional 'Chamsuri' helicopter.The Chamsuri (KUH-1P) is a multipurpose helicopter modified and developed from the Army's Surion utility helicopter for police missions. It is equipped with advanced technology, including a high-performance electro-optical infrared camera and an aerial video transmission device, enabling rapid and accurate command and rescue operatio

Major game companies reported strong performances in the first half of the year, but concerns loom for the second half. The impact of new releases is diminishing, and the highly anticipated launch of 'Grand Theft Auto 6 (GTA6)' is prompting companies to rethink their marketing strategies and release schedules.On August 13, South Korea's leading game companies finalized their second-quarter results. Nexon reported second-quarter revenue of 1.139 trillion won, with an operating profit of 294.3 bil

The Japanese government has shifted to a supportive stance for an early interest rate hike by the Bank of Japan (BOJ), despite ongoing yen depreciation, according to a report by Bloomberg on August 13, citing sources. The Takaichi government is reportedly backing the BOJ's early rate increase, with September or October being the most likely timeframe for the next hike. Prior to the BOJ's monetary policy meeting on July 31, the government conveyed to BOJ Governor Kazuo Ueda that hawkish remarks