North Korea launched an unidentified projectile eastward on August 12. According to the Joint Chiefs of Staff, this marks the second launch in six days if the projectile is confirmed to be a ballistic missile.Previously, on August 6, North Korea fired a short-range ballistic missile into the East Sea around 5 p.m. from the Wonsan area.These two launches come ahead of the upcoming U.S.-South Korea joint military exercise, 'Ulchi Freedom Shield' (UFS), scheduled to begin on August 17.* This articl

Eugene Investment & Securities has assessed that concerns over GKL's performance due to an increase in casino tax rates are excessive. The firm maintained a 'buy' rating but adjusted its target price down by 18.8% to 13,000 won.In a report on August 12, analyst Lee Hyun-ji noted that GKL's second-quarter revenue rose 19.3% year-on-year to 120.5 billion won, while operating profit increased by 30.5% to 20.8 billion won. However, these figures fell short of market consensus, as rising labor and ma

6,500-dollar Bitcoin has been fluctuating around the 63,000-dollar mark. The investment sentiment appears to have cooled due to increasing uncertainties stemming from stalled negotiations between the U.S. and Iran and rising international oil prices. According to CoinMarketCap, as of 8 a.m. on August 12, Bitcoin was trading at $63,580, down 0.56% from the previous day. After recovering to the $65,000 level on August 10, Bitcoin has since dropped back to the $63,000 range and has struggled to

Group BTS's 'SWIM' has entered the Billboard Hot 100 chart for 20 consecutive weeks. According to the latest chart released by Billboard on August 15, BTS's title track 'SWIM' from their fifth studio album 'ARIRANG' ranked 91st on the Hot 100. 'SWIM' first debuted at number one on the Hot 100 chart dated April 4 and has maintained its position for 20 weeks. This achievement ties 'SWIM' with BTS's hit song 'Butter,' which also spent 20 weeks on the Hot 100. The song has also shown strong performa

According to the National Data Agency's employment trends for July, the number of employed individuals reached 29.136 million, an increase of 108,000 compared to the same month last year. Employment has maintained a growth trend for two consecutive months, following an increase of 63,000 in the previous month.The employment rate for those aged 15 to 64, as per OECD standards, was recorded at 70.3%, up 0.1 percentage points from a year ago, while the unemployment rate rose by 0.2 percentage point

Hanwha Investment & Securities assessed on August 12 that concerns over domestic consumption are growing due to recent stock market adjustments affecting Shinsegae. As a result, the firm lowered its target price from 870,000 won to 690,000 won while maintaining a 'buy' rating.Lee Jin-hyup, a researcher at Hanwha Investment & Securities, stated, "The recent stock market correction has dampened the wealth effect, raising the possibility of a slowdown in domestic consumption. In particular, the dec

The second phase evaluation of the Independent AI Foundation Model (Dukpamo) project, led by the Ministry of Science and ICT, has been completed. All four teams participating in the evaluation have been recognized as 'notable models' by global AI research institutions, increasing interest in which teams will advance to the next stage.According to industry sources on August 11, the results of the second phase evaluation are expected to be released as early as this week. The evaluation included LG

DB Securities announced on August 12 that it has raised its target price for Cosmax from 240,000 won to 320,000 won, an increase of 33.3%, citing the expansion of domestic and international orders and improved profitability as key factors for anticipated growth in the second half of the year. The firm maintained its 'buy' rating.Heo Je-na, a researcher at DB Securities, stated, "With the growth of K-beauty, orders for our company, a leading manufacturer in market share, are rapidly increasing. W

In the early 2000s, as the internet began to gain traction, Google made a significant impact on the global search market. While Yahoo eventually fell, leading to Google's dominance worldwide, the situation was different in South Korea, where Naver maintained a stronghold.In response to Google's keyword-based search, Naver developed a rich ecosystem of user-generated content (UGC) and communities through platforms like Knowledge iN, blogs, cafes, and premium content. Their patriotic marketing slo