Hyundai Engineering & Construction is officially entering the bidding process for the redevelopment of Mokdong New Town. On August 5, the company announced plans to showcase a differentiated design for the Mokdong District 10 redevelopment project in collaboration with the renowned architectural firm Morphosis and the global design group Sasaki. To prepare, key design personnel, including Erik Leach, an architect from Morphosis, and Im Seong-beom, the representative of the Korean branch, visited

Beauty company APR has achieved record quarterly results, driven by rapid growth in the North American and European markets. The company's revenue for the first half of the year approached 90% of last year's total annual revenue, with operating profit also reaching levels comparable to last year's figures. APR announced on August 5 that its consolidated operating profit for the second quarter of this year surged 134.5% year-on-year to 190.6 billion won, marking the highest quarterly performance

The debate surrounding casinos is intensifying. The tourism industry is pushing back against the government's proposal to increase the burden rate of the tourism development fund and introduce a five-year renewal permit system, arguing that these measures will stifle investment and undermine the industry's competitiveness. The Ministry of Culture, Sports and Tourism contends that many of the industry's claims are inaccurate.Following a National Assembly forum last month, a policy meeting was hel

Cheon Ha-ram, the floor leader of the Reform Party, criticized Defense Minister Ahn Gyu-baek on recent controversies within the Ministry of National Defense, including the failure to equip frontline posts with live ammunition and a mistaken incident involving a U.S. drone. He questioned, "How can the Ministry of National Defense be managed well when the suspicions surrounding Minister Ahn's desertion have not been resolved?"On August 5, during an appearance on Channel A's radio show 'Political S

Hanwha Solutions shares have surged over 16% in early trading, buoyed by the participation of Kim Dong-kwan, vice chairman of Hanwha Group, in a capital increase and expectations of improved performance.According to the Korea Exchange, as of 9:55 a.m. on August 5, Hanwha Solutions was trading at 31,300 won, up 4,500 won (16.79%) from the previous trading day. The company has seen gains for two consecutive days, following an 8.06% increase the day before.Market analysts believe that news of Kim D

GS Construction is showing strong performance in early trading, driven by expectations of securing contracts for artificial intelligence (AI) data centers.According to the Korea Exchange, as of 9:52 a.m. on August 5, GS Construction's shares rose by 2,550 won (8.87%) to 31,300 won. The stock opened at 29,100 won and peaked at 32,350 won during the session.The increase in stock price is attributed to heightened expectations for long-term growth centered around the AI data center business.Lee Sun-

Suppliers to Homeplus, which is undergoing rehabilitation proceedings, are joining forces to address unpaid debts. The Homeplus Creditors' Group was established on August 5, appointing law firm LKB Pyeongsan as its representative. The group plans to demand measures from the courts, government, and National Assembly.The group consists of suppliers who have not received payments for goods delivered since Homeplus filed for rehabilitation in March 2022. As of May 31, the total amount of unpaid clai

Samsung Electro-Mechanics is experiencing a strong early trading session, buoyed by the robust performance of semiconductor stocks on the U.S. market and expectations of benefits from Tesla's supply chain.As of 10:05 a.m. on August 5, the company’s shares had risen by 9.87% (117,000 won) to 1,302,000 won, marking the highest increase among major stocks by market capitalization.The surge in share prices is attributed to a widespread rally in semiconductor-related stocks on Wall Street. On August

Samsung Electronics and SK Hynix both saw gains of over 7% in early trading on August 5. This surge follows a strong performance by semiconductor stocks in the U.S. market, fueled by ongoing expectations for investments in artificial intelligence (AI) semiconductors, which have led to increased buying interest in major domestic semiconductor stocks.According to the Korea Exchange, as of 9:50 a.m., Samsung Electronics was trading at 248,500 won, up 8,500 won (3.54%) from the previous trading day.