The Chinese government has issued a preliminary ruling indicating that imports of pecans from the United States and Mexico are being dumped, with a specific dumping margin of 54% applied to U.S. products.
According to Yonhap News on August 10, the Ministry of Commerce of China announced the results of its anti-dumping investigation, which began in September of last year, stating that "dumping exists, the Chinese pecan industry has suffered substantial damage, and there is a causal relationship between the two."
The ministry also stated that it will implement temporary anti-dumping measures in the form of deposits starting August 11, requiring importers to pay a deposit to the authorities.
For Mexican imports, the deposit rates will vary between 17.8% and 51.6% depending on the company, while a uniform rate of 54.3% will be imposed on all U.S. companies.
U.S. Ambassador to South Korea Michelle Steel visited the National Cemetery in Seoul on August 10, accompanied by U.S. Forces Korea Commander Javier Brunson.
Ambassador Steel expressed her honor in a post on X (formerly Twitter), stating, "It was a privilege to pay tribute to the dedication and sacrifice of Korean War veterans alongside Commander Brunson at the National Cemetery."
Steel's husband, attorney Sean Steel, who has accompanied her on key engagements since her appointment, was also present during the visit.
Steel arrived in South Korea on July 30 and submitted her credentials to Foreign Minister Park Jin on August 4.
Despite Ukraine's calls for air defense system support amid concerns over a potential additional deployment of North Korean troops to Russia, the South Korean government is maintaining its cautious approach.
On August 10, a Foreign Ministry official responded to Ukrainian President Volodymyr Zelensky's remarks about ongoing diplomatic contacts regarding air defense support, stating, "Our provision of defense materials to various countries has been conducted in compliance with relevant domestic laws and policies."
The official added that South Korea has been providing support to Ukraine in various sectors, including energy, infrastructure, healthcare, and education, and will continue to explore options for peace and reconstruction in Ukraine.
Kolmar Holdings announced on August 10 that its consolidated operating profit for the second quarter reached 25.3 billion won, marking a 54.7% increase compared to the same period last year.
However, sales decreased by 19.0% to 142.3 billion won, and net profit fell by 10.1% to 35.3 billion won. For the first half of the year, cumulative operating profit was 45.7 billion won, a 134.4% increase from the previous year.
Sales for the first half totaled 294.3 billion won, down 10.3%, while net profit rose by 86.1% to 75.1 billion won.
Police have begun a formal investigation into allegations that Ador, the agency representing girl group NewJeans, leaked visa information of member Hani, a Vietnamese-Australian.
According to Yonhap News, on August 10, attorney Park Kang-ho from the law firm Kang Sung, representing Kim Sung-soo, a cultural critic who filed a complaint against Ador and its employees for violating personal information protection laws, appeared at the Yongsan Police Station in Seoul.
Kim had previously claimed that Ador leaked Hani's personal information, including her E-6 visa type, expiration date, and application status for visa extension, during a dispute over her exclusive contract.
It has been confirmed that YouTuber Kwon Young-chan, who is accused of defaming actor Kim Soo-hyun, has recently been referred to the prosecution.
According to Yonhap News, the Seocho Police Station in Seoul sent Kwon to the Seoul Central District Prosecutors' Office on August 10 on charges of violating the Information and Communications Network Act (defamation) without detention.
Kwon is alleged to have claimed during a broadcast on his YouTube channel that Kim Soo-hyun had a relationship with the late Kim Sae-ron when she was a minor and that they had sexual relations.
Hanssem announced on August 10 that it achieved an operating profit of 11.3 billion won in the second quarter, marking its 13th consecutive quarter of profitability.
The company attributed its success to strengthening the competitiveness of its B2C products and enhancing its brand value, resulting in a 400% increase in operating profit compared to the same period last year, despite the second quarter traditionally being a slow season in the home interior industry.
Sales decreased by 9.2% to 417.2 billion won, while net profit fell by 85.2% to 4.8 billion won.
* This article has been translated by AI.
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