Extreme Heat Approaches 40 Degrees; Government Raises Response Level
The nation is experiencing extreme heat nearing 40 degrees Celsius, leading to a rapid increase in heat-related illnesses. In response, the government has elevated its alert level to the highest status.According to the Korea Meteorological Administration, the maximum temperature on August 3 is expected to range from 33 to 39 degrees Celsius, with above-average heat continuing for the foreseeable future. As of 5 a.m. that day, morning temperatures across the country were higher than normal, with
Nexen Tire Accelerates Expansion in ASEAN Market with New Malaysia Store
Nexen Tire is establishing a local business framework in Malaysia, a key market in the ASEAN region, encompassing sales, distribution, and logistics. The company is expanding its brand presence and transitioning to a local sales corporation to enhance its foothold in Southeast Asia.On August 3, Nexen Tire announced the recent renovation of a large flagship store in the Sri Petaling area of Kuala Lumpur.Since 2022, Nexen Tire has opened over 60 flagship stores in Malaysia, with plans to add more
Concerns Rise Over Police and Prosecutor Workforce Amid Criminal Justice Reforms
The National Assembly passed a bill on August 1 that completely abolishes the supplementary investigation rights of prosecutors, marking a significant overhaul of the investigation system that effectively eliminates direct investigative authority for prosecutors for the first time since the establishment of the government in 1948.Following the bill's passage, numerous posts expressing concerns about public safety in South Korea flooded various online communities. This was particularly fueled by
Koreans Experience Double the Travel Time Pressure Compared to Asia-Pacific Average
While the anticipation of travel brings joy, many South Koreans feel pressured by time during their trips. Notably, the percentage of Koreans experiencing time pressure and fatigue while traveling significantly exceeds the Asia-Pacific average.Global travel platform Booking.com recently released findings from its 'Travel Happiness Index' survey, which included responses from 1,010 South Koreans among 10,136 travelers across the Asia-Pacific region. The survey examined factors contributing to tra
China's CXMT Rises to Fourth in Global DRAM Market Amid Technology Concerns
China's Changxin Memory Technologies (CXMT) has climbed to the fourth position in the global DRAM market, holding an approximate 8% market share. In the first quarter of this year, the company's revenue surged by 719% compared to the previous year. CXMT reported its first profit since its establishment in 2025 and is now seeking to raise billions through a listing on the Shanghai Stock Exchange. The company has announced that it is mass-producing both server-grade DDR5 and mobile LPDDR5X, while
KOSPI Faces Profit-Taking After Record Surge Amid Easing U.S.-Iran Tensions
코스피가 역대급 폭락 이후 사상 최대 상승률을 기록한 가운데 3일 장 초반에는 급등에 따른 차익실현과 주요 반도체주의 약세가 부담 요인으로 작용할 전망이다. 다만 트럼프 미국 대통령의 이란 공격 보류 발표로 지정학적 리스크가 완화되면서 글로벌 증시는 안도 랠리 기대감을 이어가고 있다. 3일 넥스트레이드에 따르면 이날 오전 8시21분 기준 삼성전자는 25만1500원으로 전 거래일 대비 1만1000원(-4.19%) 하락했고, SK하이닉스는 163만9000원으로 7만9000원(-4.60%) 내리고 있다. SK스퀘어는 103만원으로 0.77% 약세를 보이는
IBK Securities Initiates Coverage on Korea Kolmar with Buy Rating and Target Price of 150,000 Won
IBK Investment & Securities announced on August 3 that it has initiated coverage on Korea Kolmar, citing continued growth in sun care and basic care products, along with expectations for the normalization of performance from its U.S. subsidiary and stable profit contributions from HK Innoen. The firm has set a buy rating and a target price of 150,000 won.Researcher Jo Kyung-jin from IBK Investment & Securities stated, "Korea Kolmar is an ODM company with strengths in the production of high-margi
Eugene Investment & Securities Lowers Hyundai Engineering's Target Price Amid Delays in Nuclear Projects
Eugene Investment & Securities announced on August 3 that it has lowered its target price for Hyundai Engineering from 178,000 won to 154,000 won, reflecting slower-than-expected commercialization of U.S. nuclear projects despite the company securing a stable order base. However, the investment rating remains at 'Buy.'Researcher Ryu Tae-hwan noted, "Hyundai Engineering's revenue for the second quarter of this year was 6.8423 trillion won, and its operating profit was 261.8 billion won, with reve
NH Investment & Securities Lowers Hyosung Heavy Industries Target Price Amid Rising Interest Rates
NH Investment & Securities maintained a 'Buy' rating for Hyosung Heavy Industries on August 3, citing continued growth momentum from the expansion of its Changwon plant and increased orders for ultra-high voltage equipment. However, the firm adjusted its target price from 4.4 million won to 4 million won to reflect rising costs of equity due to interest rate increases.Ryu Seung-won, a researcher at NH Investment & Securities, stated, "The expansion of the Changwon plant is progressing rapidly as
Director Na Hong-jin's 'Hope' Surpasses 4 Million Viewers
나홍진 감독의 영화 '호프'가 400만 관객을 돌파했다. 여름 극장가 대형 외화 공세와 작품 외적 변수 속에서도 장기 흥행을 이어가며 올해 극장가 흥행작으로 자리매김했다. 2일 영화진흥위원회 영화관입장권 통합전산망에 따르면 '호프'는 이날 오전 0시께 누적 관객 수 400만명을 넘어섰다. '왕과 사는 남자', '군체'에 이어 올해 개봉작 가운데 세 번째로 400만 고지를 밟았다. '호프'는 개봉 이후 꾸준히 관객을 모으며 30일 연속 한국 영화 예매율 1위를 기록했다. N차 관람 수요와 IMAX, 돌비시네마, 4DX 등 특수관 관객, 무대인