Hanwha Group announced on July 30 that it has promoted the three owner brothers—Kim Dong-kwan, Kim Dong-won, and Kim Dong-sun—drawing attention to the context behind these changes. This restructuring comes ahead of the company's planned corporate split and the establishment of a new holding company, aimed at clarifying each brother's business portfolio and further solidifying the third-generation management system.According to Hanwha Group, the holding company, Hanwha, will launch a new entity c

Bae Jae-kyu, CEO of Korea Investment Trust Management, reiterated his critical stance on single-stock leverage products amid ongoing controversy over the financial authorities' bypassing of certain asset management firms. Despite being the head of a firm that manages related products, he urged investors to exercise caution and stated, "They should be phased out naturally rather than through delisting."On July 30, Bae expressed on his Facebook page that the issue of single-stock leverage should n

Samsung SDS reported growth in both revenue and operating profit for the second quarter of this year, driven by advancements in its cloud and logistics businesses.On July 30, Samsung SDS announced preliminary results for the second quarter, showing revenue of 3.71 trillion won and operating profit of 231.8 billion won. This represents a 5.9% increase in revenue and a 0.7% increase in operating profit compared to the same period last year.The IT services segment recorded revenue of 1.76 trillion

Qatar, facing disruptions in liquefied natural gas (LNG) exports through the Strait of Hormuz due to the Iran conflict, has significantly increased its purchases of U.S. LNG to maintain supply to its Asian customers.According to Reuters on July 30, Qatar's state-owned energy company QatarEnergy has acquired 33 cargoes of U.S. LNG this year. These cargoes will be supplied to South Korea, Taiwan, Bangladesh, India, and Japan.Last year, QatarEnergy purchased only four cargoes of U.S. LNG. The surge

Homeplus General Labor Union has requested that Meritz Financial Group promptly execute 200 billion won (approximately $150 million) in emergency operating funds (DIP). The union expressed concerns that delays in funding could disrupt product supply and the timeline for resuming operations.In a statement on July 30, the union said, "Homeplus is currently finalizing preparations for a swift business resumption," and urged for the rapid disbursement of funds to achieve management normalization and

LG Display will make a proactive investment of 3 trillion won (approximately $2.3 billion) to enhance its next-generation OLED (organic light-emitting diode) technology and infrastructure. Despite high interest rates and a global economic slowdown, the company aims to expand its technological edge through this significant funding.On July 30, LG Display announced that it has been selected as a support company for the 'OLED Technological Edge Acquisition' under the second phase of the National Gro

The landscape of humanoid robotics investment is changing. In the past, funding was primarily directed towards hardware components like joints and actuators that enable robot movement. Recently, however, there has been a surge in investments towards startups developing artificial intelligence (AI) technologies that replicate human senses such as touch, hearing, sight, and smell.According to the '2026 Physical AI Startup Map' released by Startup Alliance on July 30, among 149 domestic physical AI

Yuhan Corporation has achieved its highest quarterly performance to date in the second quarter of this year, driven by licensing revenue from the non-small cell lung cancer treatment Lecraza (ingredient name: lazertinib) and growth in its overseas business.On July 30, Yuhan announced that its operating profit for the second quarter reached 61.4 billion won, a 34.7% increase compared to the same period last year. Revenue rose to 614 billion won, up 10.4%, while net profit increased by 22.1% to 47

Michelle Steel, the first Korean-American ambassador to South Korea under the Trump administration, has arrived in the country, drawing attention to her background and foreign policy stance.On July 30, Steel arrived at Incheon International Airport's Terminal 2 and issued a statement. She described the Korea-U.S. alliance as one of the strongest in the world and expressed her commitment to realizing a vision of a stronger and more prosperous partnership between the two countries.Steel's appointm