Shinhan Securities Lowers Target Price for Samsung Securities Despite Strong Q2 Performance
Shinhan Investment Corp. announced on August 5 that it has lowered its target price for Samsung Securities from 160,000 won to 130,000 won, reflecting a normalization of trading volumes in the second half of the year despite strong performance in the second quarter. However, the firm maintained a 'buy' rating, citing positive evaluations of Samsung Securities' capital utilization roadmap and the potential for increased shareholder returns following its separate equity capital surpassing 8 trilli
Celltrion's Chairman Seo Jung-jin to Inspect Global Direct Sales Network
Celltrion Group Chairman Seo Jung-jin will visit key overseas operations in Europe, the United States, Canada, and Japan throughout August to enhance sales in the second half of the year.According to Celltrion Group, Seo will depart for Paris, France, on August 10, where he will sequentially visit various locations across Europe to directly assess regional sales strategies and supply plans, including the expansion of pharmacy direct sales networks. He will then check on the overall sales and rev
Collaboration Established Between Health Insurance Agency and Busan Medical Center for Home Healthcare
In Busan, a collaborative system is being established to ensure that public hospitals can quickly admit elderly patients who require hospitalization while receiving home healthcare.The National Health Insurance Service's Busan-Ulsan-Gyeongnam Regional Office and Busan Medical Center signed a memorandum of understanding on July 30 to create a 'Home Healthcare Support Cooperation System.'The two organizations will jointly promote initiatives including the establishment and operation of a home heal
Korea Polytechnic University to Hire Record 120 Professors to Boost Semiconductor and AI Talent
Korea Polytechnic University is set to conduct its largest-ever faculty recruitment drive, aiming to enhance its workforce in advanced strategic industries such as semiconductors and artificial intelligence (AI), while also focusing on the modernization of traditional industries and strengthening liberal arts education.The university announced on August 4 that it will hire 120 professors across 19 departments. The recruitment will include 26 for liberal arts, 22 for electrical engineering, 10 fo
Seoul Faces Extreme Heat as 40-Degree Temperatures Shift North
Extreme heat, with temperatures soaring around 40 degrees Celsius, is shifting from the Yeongnam region to the capital area and central regions of South Korea.According to the Korea Meteorological Administration, the recent extreme heat in the southern regions is spreading significantly to the western parts of the central region, including Seoul, Gyeonggi, and Chungcheong, driven by easterly winds.The primary cause of this change in wind direction is Typhoon Dolphin, which is moving northward. T
Hyundai Launches 8th Generation Elantra with New Features
Hyundai Motor Company has unveiled the 8th generation Elantra, a complete redesign of its popular compact sedan after six years. The new model features a larger body comparable to mid-size sedans and incorporates next-generation infotainment and advanced safety features as part of its strategy to capture the sedan market.Hyundai announced that pre-orders for the 'All-New Elantra' have begun. The 8th generation model, revealed at the 2026 Busan Mobility Show in June, showcases Hyundai's new desig
Cortis Launches North American Tour as 'Greengreen' Continues Billboard Success
Group Cortis has kicked off its North American tour.Cortis began the '2026 Cortis Tour Put Your Phone Down in North America' on August 4 in Toronto, Canada.This performance expands Cortis's first tour, which started in Incheon last month, to North America. The group will meet local fans in several U.S. cities, including New York, Atlanta, Irving, Los Angeles, and San Francisco, until August 16.The excitement for the tour is high. All 14 performances across nine cities, including North America, S
KOSPI Expected to Rise Amid U.S. Semiconductor Surge; Samsung, SK Hynix Gain
Attention is focused on whether the positive momentum from U.S. semiconductor stocks will carry over to the domestic market on August 5. Following a significant rise in major semiconductor stocks like Micron on Wall Street, Samsung Electronics and SK Hynix both saw gains of over 5% in pre-market trading, raising expectations for a higher opening for the KOSPI.According to NextTrade, as of 8:35 a.m., SK Hynix was trading at 1,672,000 won, up 95,000 won (6.02%) from the previous trading day. Samsu
Wall Street Analysts Recommend Buying SK Hynix ADRs, Citing AI Memory Growth Potential
Wall Street financial firms have recently issued buy recommendations for SK Hynix's American Depositary Receipts (ADRs), citing that the growth potential in the artificial intelligence (AI) memory market and SK Hynix's technological competitiveness are not fully reflected in the current stock price.According to Reuters on August 4, at least six financial institutions, including Bank of America (BofA), have begun analyzing SK Hynix ADRs and have expressed buy or overweight opinions.BofA positivel
New Evidence Emerges in Hwang Jung-min Privacy Controversy
Actress Hwang Jung-min is facing renewed scrutiny as her accuser, referred to as A, has released additional evidence countering claims of "one-sided stalking" made by Hwang's representatives.On the morning of August 5, A shared screenshots of KakaoTalk multi-profiles and call logs with Hwang on social media.A alleged that Hwang used the KakaoTalk multi-profile feature to conceal their relationship from her spouse, utilizing the profile background and a secret blog URL for communication.A stated,