Nexon Reports Record 2.56 Trillion Won in First Half Revenue Driven by MapleStory and Arc Raiders
Nexon achieved a record revenue of 2.56 trillion won in the first half of 2026, marking its highest performance for a half-year period. Both revenue and operating profit exceeded expectations in the second quarter, following a strong first quarter. The growth was driven by the expansion of the MapleStory franchise and the global success of Arc Raiders.Nexon reported a revenue of 2.56 trillion won (273.3 billion yen, with an average exchange rate of 936.8 won per 100 yen) for the first half of 20
Appeals Court to Revisit Evidence in Yoon Suk Yeol Coup Case
The special prosecutor team investigating the coup allegations against former President Yoon Suk Yeol is set to challenge the first trial's dismissal of claims regarding preparations for emergency martial law prior to October 2023. To support their case, they have introduced a document concerning 80 military personnel obtained from the residence of former Army Intelligence Commander Noh Sang-won.According to legal sources on August 13, the special prosecutors recently submitted a 14-page documen
BC Card Partners with Lytton for AI Transformation in B2B Sector
BC Card is collaborating with AI platform company Lytton Technologies to launch an AI transformation (AX) initiative targeting public and private enterprises. On August 13, BC Card announced that it has signed a memorandum of understanding with Lytton to jointly pursue the AX project. This partnership will be led by BC Card's AI Data Headquarters and Lytton's AX CIC, a specialized organization for AI transformation. The two companies plan to collaborate on all aspects of AI transformation for bu
Prosecutor Park Sang-yong Addresses Disciplinary Review Over North Korea Remittance Case
Prosecutor Park Sang-yong, who is under review by the Ministry of Justice's disciplinary committee for alleged violations during the investigation of the Ssangbangwool North Korea remittance case, stated, "I have not been properly informed about the specific details of the review, but I will provide a thorough explanation to the committee members."The Ministry of Justice convened the disciplinary committee at the Government Complex in Gwacheon, Gyeonggi Province, starting at 2 p.m. on the 13th.P
New Public Housing Developments in Seoul and Gyeonggi Province to Provide 27,000 Units
The government plans to establish new public housing districts in three areas of the metropolitan region, including Gangseo in Seoul and Namyangju and Gwangju in Gyeonggi Province, totaling over 27,000 units. The time from the announcement of new land sites to the start of construction will be reduced by nearly half, aiming for groundbreaking within three to four years. The government intends to secure a total of 100,000 units or more in new public housing sites in the metropolitan area by the e
PGA Tour Playoffs Begin with 'War of Money' Featuring Korean Golfers
The PGA Tour has entered the "War of Money," with a staggering prize pool of $180 million (approximately 256.4 billion won) following the conclusion of the regular season. Korean golfers Kim Si-woo, Kim Joo-hyung, and Im Sung-jae are set to compete.The FedEx St. Jude Championship, taking place at TPC Southwind in Memphis, Tennessee, kicks off the three-week FedEx Cup Playoffs on August 13 (local time).Only the top 70 players in the FedEx Cup standings can participate in the first round, the FedE
GS Global Opens Houston Office to Target North American Energy and Infrastructure Markets
GS Global has officially opened a new office in Houston, Texas, marking its entry into the North American energy and infrastructure markets.On August 11, GS Global held an opening ceremony for its Houston office in the Uptown commercial district. The event was attended by Lee Kyung-eun, the Consul General of the Republic of Korea in Houston, as well as representatives from major domestic and international companies, including Jindal USA, POSCO, Hyundai Steel, Korea National Oil Corporation, and
Seoul Evaluates Government's Housing Supply Measures Amid Mixed Reactions
Seoul City has assessed that some of its demands were reflected in the housing supply measures announced by the government on August 13, including the easing of relocation loan regulations, a reduction in the consent rate for redevelopment associations, and an increase in the purchase price of rental housing. However, it pointed out that key requests such as easing restrictions on member status transfer and expanding the floor area ratio for private redevelopment projects were not included. Foll
Colorful Cloud Phenomenon Captivates Sky Above Nongsim Headquarters
A colorful cloud phenomenon known as 'chaewoon' appeared in the sky above the Nongsim headquarters in Seoul, drawing attention.On August 13, around noon, a soft blend of green, blue, and pink hues was observed among the white clouds stretching across the sky above the Nongsim headquarters in the Dongjak district of Seoul. The multicolored clouds, set against a backdrop of blue sky and lush greenery, resembled large feathers unfurling in the heavens.Kim Seung-eun, an employee who captured the pho
South Korea's Targeted Real Estate Financing Policy Aims to Support Homebuyers
The South Korean government has initiated a targeted approach to real estate financing, easing household loan limits while tightening restrictions on speculative funds. To address the loan accessibility issues faced by genuine buyers, the government has doubled the household loan growth target for this year from 1.5% to 3%. However, there are concerns that this could signal a relaxation of regulations in the real estate market.The Financial Services Commission has set the household loan growth t