The KOSPI and KOSDAQ both fell in early trading. Following a nearly 7% surge in the KOSDAQ and a positive close for the KOSPI the previous day, profit-taking activities have led to a downturn in both indices.According to the Korea Exchange, as of 9:10 a.m., the KOSPI was trading at 6,234.86, down 64.80 points (1.03%) from the previous trading day. The index opened at 6,240.06, down 59.60 points (0.95%).Foreign investors were net buyers, purchasing 91.9 billion won, while individual and instituti

Big Bang has announced the release of a new single after four years and revealed a group visual photo.On August 11, YG Entertainment posted the 'BiiiG Visual Photo - iii Version' on its official social media. This follows the earlier release of a title poster that showcased the members' distinctive aura and bold typography, giving a glimpse into the visual concept of the new song.The photo features Big Bang in a space illuminated by intense red light. Their striking styling, including accessoriz

The Korea Football Association has completed the application process for the interim head coach of the South Korean national soccer team, with Japanese media reporting that Gus Poyet, the former head coach of Jeonbuk Hyundai, is a strong candidate.On August 10, the Japanese outlet Sports Nippon Annex cited multiple sources, stating, "Gus Poyet, a Uruguayan who led Jeonbuk Hyundai in the K League 1 until last season, has been confirmed as the leading candidate for the new head coach of the South

Alibaba, a major Chinese tech company, has developed a method to complete AI data centers in just 100 days.Alibaba's subsidiary, Alibaba Cloud, successfully reduced the construction time for large-scale AI data centers (AIDC) to 100 days using fully modular design technology, according to a report by China’s Science and Technology Innovation Board on August 11. This is a significant reduction compared to the typical 6 to 12 months required for data center construction in China and 12 to 18 month

POSCO has submitted a rebuttal to the Japanese government, which has decided to impose preliminary anti-dumping tariffs of 20% to 30% on Korean steel products. According to industry sources, POSCO filed the rebuttal with Japan's Ministry of Finance on August 7, arguing that the tariffs on Korean hot-dip galvanized steel and plates are excessive.Galvanized steel plates account for about 25% of South Korea's steel exports to Japan. With exports to Japan decreasing to 359,000 tons in the first half

The film 'Day Without a Hand' wrapped filming at the end of July.'Day Without a Hand' follows Woo-jin, who experiences strange occurrences as he prepares to move into a new home on an auspicious day. He meets a shaman, Tae-joo, who insists that he must receive a divine revelation.The production team stated, "Byun Yo-han, Ahn Jae-hong, and Ha Yoon-kyung fully immersed themselves in their characters, showcasing overwhelming synergy." They added that Director Heo Jung and the staff worked closely t

The Korea Small Business and Startups Agency announced on the 11th that it will accept applications for the second round of the 'Public Institution Support Project for Technology Development Products' until the 24th.This initiative aims to assist technology-driven small and medium enterprises, including startups, in establishing a foundation for entering public procurement and private markets by providing support for field verification costs.Eligible applicants include small and medium enterpris

반도체 활황에 힘입어 이달 초 수출이 지난해 같은 기간보다 45% 넘게 증가하며 8월 기준 역대 최대 기록을 새로 썼다. 반도체 수출은 약 100억 달러로 불어나 전체 수출의 절반 가까이를 차지했다.11일 관세청에 따르면 이달 1∼10일 수출액은 212억8600만 달러로 지난해 같은 기간보다 45.3% 증가했다. 8월 1∼10일 기준 역대 최대치로, 종전 최고였던 2022년 8월의 156억 달러를 넘어섰다.조업일수는 7.0일로 지난해 같은 기간과 동일했다. 이에 따라 일평균 수출액도 30억4000만 달러로 45.3% 늘었다.품목별로는 반도체 수출이

A recent report reveals that 12% of wage workers in South Korea earn less than the minimum wage. The data indicates a higher prevalence among temporary workers, with a significant proportion being women.According to the Minimum Wage Commission's '2026 Minimum Wage Review Manual' released on August 11, the number of workers earning below the minimum wage last year was 2.769 million, accounting for 12.4% of the total wage workforce of 22.413 million.Over the past decade, the percentage of workers