As summer heat grips South Korea, portable fans and air conditioners from China are flying off the shelves. According to trade data released by the General Administration of Customs of China on August 7, the value of goods exported to South Korea in July reached $18.1195 billion, a 46.6% increase compared to the same period last year. On August 10, the Chinese state-run Global Times analyzed that exports to South Korea surged due to the heatwave. The report noted that since the onset of the heat

Jeju Air has recently experienced a significant increase in passengers on its Chinese routes, driven by rising travel demand following the Korea-China visa-free policy. The airline is expanding its route capacity to meet this demand and is considering launching new routes by the end of the year.As of August 10, Jeju Air reported that it supplied over 494,300 seats on its Korea-China routes from January to July this year, a 26.8% increase compared to approximately 389,900 seats during the same pe

Shinhan Card is utilizing card consumption data to identify traditional markets with high growth potential and support small businesses in expanding their sales channels.On August 10, Shinhan Card announced that it has signed a business agreement with Home & Shopping to revitalize traditional markets nationwide and enhance sales opportunities for local small businesses.The two companies plan to combine their strengths in finance and retail to support the growth of traditional markets and small b

FromBio surged to the upper limit on the first day of trading following its stock consolidation.According to the Korea Exchange, as of 9:41 a.m. on August 10, FromBio's shares were trading at 3,330 won, up 765 won (29.82%) from the previous trading day.In May, FromBio decided to consolidate its shares at a ratio of 5-to-1, changing the par value from 100 won to 500 won. Consequently, trading was suspended from July 20 to August 9, with trading resuming today.The company aims to enhance its corpo

Alteogen's shares have surged over 13% following strong first-half earnings and news of an increased stake by global asset management firm BlackRock, along with upward revisions of target prices by analysts.As of 9:39 a.m. on the Korea Exchange, Alteogen's stock was trading at 344,750 won, up 39,750 won (13.03%) from the previous trading day. The stock has risen for seven consecutive trading days since July 31, nearing the 350,000 won mark.On August 7, Alteogen announced its preliminary results,

The summer box office is bustling with two major foreign films leading the charge. Christopher Nolan's latest release, 'Odyssey,' has surpassed 2 million viewers just six days after its debut, while 'Spider-Man: Brand New Day' is on the verge of reaching 6 million viewers. After a period of stagnation, these blockbuster hits are drawing audiences back to theaters, enhancing the summer movie season.According to the integrated ticketing system as of 6:04 a.m. on August 10, 'Odyssey' has accumulate

President Donald Trump is reportedly considering ending the war with Iran without a nuclear agreement, contingent on the reopening of the Hormuz Strait. However, negotiations have hit a snag as Iran demands the withdrawal of U.S. troops, sanctions relief, and war reparations.The Wall Street Journal (WSJ) reported on the 9th, citing U.S. officials, that Trump has discussed with his aides in recent weeks the possibility of concluding the war if Iran fully reopens the Hormuz Strait, even without a

Shinhan Financial Group is set to hold a joint wealth management forum, bringing together the asset management capabilities of its major subsidiaries, including banking and securities.The event, titled 'Shinhan Premier Pathfinder Insight 2026,' will take place on August 31 at Dragon City in Yongsan, Seoul, the company announced on August 10.This marks the first joint wealth management forum organized by Shinhan Financial, inviting approximately 1,000 clients with financial assets exceeding 1 bil

Hanwha General Insurance has obtained exclusive rights for a policy that covers testing costs necessary for diagnosing precocious puberty in children. On August 10, Hanwha announced that its 'Precocious Puberty Diagnosis Test Support' coverage has been recognized for its originality and utility by the General Insurance Association, granting it a six-month exclusive usage right. This coverage guarantees the cost of the Gonadotropin-Releasing Hormone (GnRH) stimulation test, which is a reimbursabl