26 Companies Escape Delisting Crisis After Stock Prices Surpass 1,000 Won
As of August 10, 2026, 26 companies have dramatically escaped the threat of delisting after their stock prices exceeded 1,000 won for at least one day. The first step toward delisting for penny stocks is scheduled for August 13, when management designation will be implemented.Since July 1, companies needed to maintain a stock price above 1,000 won for just one day within a 30-trading-day period to avoid management designation. While these companies have managed to grasp a lifeline, they still fa
U.S. Stocks Decline as Oil Prices Surge Amid Hormuz Tensions
The three major U.S. stock indices fell on August 10 as tensions surrounding the reopening of the Strait of Hormuz led to a nearly 5% surge in international oil prices, coupled with a significant decline in semiconductor stocks.The Dow Jones Industrial Average closed down 60.95 points (0.11%) at 53,975.98. The S&P 500 index fell 4.53 points (0.06%) to finish at 7,753.11, while the tech-heavy Nasdaq Composite dropped 85.26 points (0.32%) to close at 26,605.36.After reaching an all-time high o
TSMC Reports Record Monthly Revenue for Third Consecutive Month Amid AI Chip Demand
The world's largest foundry, Taiwan Semiconductor Manufacturing Company (TSMC), has achieved record monthly revenue for three consecutive months, driven by increased demand for artificial intelligence (AI) semiconductors.On August 10, TSMC announced that its revenue for July reached NT$467.58 billion (approximately $20.55 billion), a 44.7% increase compared to the same month last year. This figure represents a 5.6% rise from the previous record of NT$442.68 billion set in June. However, the year
Trump Claims Strait of Hormuz is Open and Under U.S. Navy Control
President Donald Trump asserted that the Strait of Hormuz is already open and under the control of the U.S. Navy. However, Iran maintains that it will only reopen the strait if the U.S. lifts its maritime blockade and sanctions, leading to conflicting claims from both sides.On August 10, during a press briefing at the White House, Trump stated, "It is currently open," and emphasized that "the only force controlling the strait is the U.S. Navy."Trump claimed, "The U.S. is controlling the entry of
Zelenskyy: Russia Prepares to Deploy More North Korean Troops
Ukrainian President Volodymyr Zelenskyy has claimed that Russia is preparing to deploy additional North Korean troops. He warned that as North Korea improves its weaponry and gains combat experience through the Ukraine war, security threats to neighboring countries like South Korea and Japan could increase. In a public address on August 10, Zelenskyy stated, "Russia can no longer conduct the war without reinforcements from North Korea," adding that Moscow is ready to deploy North Korean troops t
Trump Responds to Iran's War Compensation Demands
President Donald Trump has asserted that Iran should also compensate for the losses suffered by Americans and its own protesters in response to Iran's demand for war reparations. The issue of compensation has emerged as a new point of contention in U.S.-Iran negotiations regarding the reopening of the Strait of Hormuz.On August 10, Trump stated on Truth Social, "Iran is demanding compensation for damages incurred during military conflicts over the past five months. If that is the case, then I wi
Iran's Supreme Leader Reshuffles Military Leadership After U.S.-Israel Strikes
Iran's Supreme Leader Ayatollah Mostafa Khamenei has made appointments to the leadership of the military and the Islamic Revolutionary Guard Corps (IRGC), filling gaps left by the deaths of key commanders due to U.S. and Israeli airstrikes.According to Iran's state-run IRNA news agency on August 10, Khamenei appointed Brigadier General Ali Abdollahi as the new Chief of Staff of the Iranian Armed Forces.Abdollahi succeeds former Chief of Staff Abdolrahim Mousavi, who was killed in late February d
Fire Breaks Out at Hazardous Materials Storage Facility in Pyeongtaek
A fire broke out at a hazardous materials storage facility in Pyeongtaek, Gyeonggi Province.According to Yonhap News and the Gyeonggi Fire and Disaster Headquarters, the fire was reported at 5:16 a.m. on August 11 at the hazardous materials storage facility located in Tojin-ri, Cheongbuk-eup, Pyeongtaek. The response level was downgraded from Level 2 to Level 1.So far, there have been no reported injuries.Earlier, at 12:03 a.m., the fire department received an automatic fire alarm from the facil
Iran President: Supreme Leader in Good Health After 7-Hour Meeting
Iranian President Masoud Pezeshkian stated that he recently met with Supreme Leader Ayatollah Mojtaba Khamenei for seven hours amid growing health concerns surrounding the leader. Pezeshkian emphasized that Khamenei's health is very good. On August 10, according to Iran's state-run IRNA news agency, Pezeshkian met with political figures at the Ministry of Interior and said, "I spent about seven hours with the Supreme Leader discussing all national issues." He added, "His health was very good, an
Ukraine Strikes Major Russian Oil City 1,200 km from Border, 13 Dead
Ukraine launched a drone attack on a major Russian oil city located approximately 1,200 kilometers from its border, escalating its offensive against Russian rear positions by expanding its target range to energy facilities following recent strikes on large distribution networks.According to reports from Reuters and other sources on August 10, a Ukrainian drone attack occurred in Nizhnekamsk, located in the Republic of Tatarstan, resulting in the deaths of 13 people. Local authorities reported th