The U.S. administration under President Donald Trump has introduced a minimum import price system and tariffs on polysilicon and its derivatives, which is expected to have an unavoidable impact on the domestic industry. However, since finished memory and system semiconductors are not included in this measure, the direct shock to overall semiconductor exports from South Korea is expected to be limited. Nonetheless, the inclusion of solar cells and modules in the regulations raises concerns about

President Yoon Suk Yeol appointed Kim Tae-yu, a professor at Seoul National University, as vice chair of the Presidential Regulatory Reform Committee, a position equivalent to that of a prime minister, according to a written briefing by Chief Spokesperson Kang Yoo-jung on August 7. This appointment comes about a month after the resignation of former vice chair Lee Byung-tae, who faced controversy over comments regarding the May 18 Democratic Uprising.Kang described Kim as a leading expert in the

Jamie Dimon, CEO of JPMorgan Chase, known as the 'King of Wall Street,' has warned that global financial market leverage has reached an all-time high. He noted that hidden borrowings in prime brokerage, hedge funds, ETFs, and Treasury arbitrage could trigger volatility across the market at any moment.While he did not definitively state that this would lead to a collapse similar to the 2008 financial crisis, his acknowledgment that "the numbers are high" serves as a late diagnosis for those who h

A student opened fire at a school near Bangkok, resulting in the deaths of seven people, including three teachers and three students, and injuring 15 others. This incident marks one of the deadliest school shootings in Thailand in recent years.According to reports from Yonhap News, CNN, and Reuters, the suspect, an eighth-grade student, fired a handgun at Debsirin Nonthaburi School in the Bang Kruai area of Nonthaburi province, located northwest of Bangkok, on the morning of the incident.Thai po

Lotte Wellfood reported strong second-quarter results, driven by growth in overseas operations in India and Kazakhstan, as well as cost efficiencies.The company announced on August 7 that its consolidated operating profit for the second quarter reached 64.7 billion won, an 88.5% increase compared to the same period last year. Sales rose to 1.1557 trillion won, up 8.6% year-on-year. Net profit surged to 36.1 billion won, a 130.1% increase.For the first half of the year, cumulative sales totaled 2

President Lee Jae-myung met with victims of state violence on August 7, stating, "As President, I will bear the heavy responsibility to ensure that no further state violence occurs in our Republic of Korea, and that not a single innocent victim emerges again." During a luncheon at the Blue House to mark the launch of the third phase of the Truth and Reconciliation Commission, President Lee expressed, "I feel a deep sense of responsibility as President for the fact that the state has not adequate

Banks will offer preferential loan rates and limits to small businesses that demonstrate growth, even if their existing credit scores are low. This means that businesses with a history of late payments can still qualify for loans if they show rapid growth in their sector. According to the financial sector on August 7, the Financial Services Commission will introduce a new growth rating system for small businesses, incorporating non-financial data, starting at the end of this month. The commis

Cellbiotech reported increases in both revenue and operating profit for the second quarter of this year, driven by the expansion of its health supplement brand DuoLac in the domestic market and growth in exports.The company announced on August 7 that its preliminary revenue for the second quarter reached 15.8 billion won, with an operating profit of 1.6 billion won and a net profit of 3.6 billion won. Compared to the same period last year, revenue increased by 32.8%, and operating profit rose by

이호현 기후에너지환경부 제2차관이 폭염 대응시설과 취약계층 가구를 찾아 냉방 지원 현황을 점검한다. 지방정부와 유관기관에는 폭염 취약계층이 에너지 이용에서 소외되지 않도록 지원 사각지대를 최소화해 달라고 당부할 예정이다. 기후부는 이 차관이 7일 오후 서울 영등포구 문래근린공원과 인근 취약계층 가구를 방문한다고 밝혔다. 이 차관은 조유진 영등포구청장과 함께 문래근린공원에 설치된 폭염 대응시설인 '물길쉼터'의 운영 현황과 폭염 저감 효과를 살펴보고 현장 관계자들의 의견을 들을 예정이다. 물길쉼터는 기후