Korea Daily News (July 29, 2024)

Industry and Economy

60th Anniversary of Industrial Complex… Osong Managers’ Association Holds Monthly Meetings for Bioindustry Development and Active Social Contribution To mark the 60th anniversary of the industrial complex, the Osong Managers’ Association is actively participating in the development of the bioindustry and social contribution activities.

LS Securities Expects Strong Performance for Kia in the Second Half LS Securities maintains a “buy” rating and a target price of 160,000 KRW for Kia, anticipating strong performance in the second half of the year.

LIG Nex1’s Strong Domestic Business Profitability Korea Investment & Securities maintains a “buy” rating and a target price of 260,000 KRW for LIG Nex1, highlighting their solid Q2 revenue and operating profit.

Containers Evolving for Defense and Aerospace Use Containers are now being developed for defense and aerospace use, with ongoing research into subsea data centers, carbon capture devices, and hydrogen containers.

Tmon and Wemakeprice Begin Advance Refunds Amid Settlement Delays Tmon and Wemakeprice have initiated advance refunds for consumers affected by settlement delays.

Seoul House Prices Rise, Increasing Mortgage Demand Despite rising mortgage rates, the anticipation of higher house prices in Seoul has led to increased mortgage demand.

Government Introduces Green License Plates for Corporate Vehicles Over 80 Million KRW Since the introduction of green license plates for corporate vehicles over 80 million KRW, the Genesis G90 has been the most commonly outfitted vehicle.

Kia Expected to Perform Well in H2, LS Securities Maintains Buy Rating Kia’s positive outlook for the second half of the year leads LS Securities to maintain its “buy” rating and target price of 160,000 KRW.

Former CEO of a Closed Chinese Company Shares 1.5 Billion KRW Compensation with Ex-Employees A former CEO of a closed Chinese company made headlines by deciding to share 1.5 billion KRW in compensation with 400 former employees.

 

Sports

Yeo Seo-jeong Aims for Second Consecutive Olympic Medal Yeo Seo-jeong, daughter of 1996 Atlanta Olympics vault silver medalist Yeo Hong-chul, aims to win a second consecutive Olympic medal.

Tom Cruise Attends Paris Olympics Gymnastics Event Tom Cruise was spotted attending the gymnastics event at the Paris Olympics, showing his dynamic support.

Samsung Electronics Chairman Lee Jae-yong Visits Paris Olympics Lee Jae-yong, chairman of Samsung Electronics, visited the Paris Olympics to cheer on Korean athletes.

 

Society

Lunula, the White Half-Moon at the Base of the Nail, Indicates Health The white half-moon shape at the base of the nail, known as the lunula, can indicate a person’s health status.

Lottery-like Housing Subscription in Mokdong and Dongtan A “lottery subscription” for houses in Banpo, Mokdong, and Dongtan, expected to yield tens of billions of KRW in capital gains, has begun, with up to 1 million people anticipated to apply.

U.S. Faces Severe Drug Crisis, Fentanyl Problem Highlighted An investigative journalist warns of the severe drug crisis in the U.S., specifically pointing out the fentanyl issue.

Corporate Damage from Fake News on the Rise The business community is struggling with the spread of fake news, which is difficult to combat and restore from once spread.

Excessive Electromagnetic Radiation from Neck-Hanging Fans Poses Risk The Environmental Health Citizen Center reports that neck-hanging fans and other electronic devices emit high levels of electromagnetic radiation, increasing the risk of leukemia in children.

Police Investigate Body Found in Han River with Dumbbells Attached A man’s body, with 5 kg dumbbells attached to his arms, was found in the Han River, prompting a police investigation.

 

Entertainment and Culture

Kiss of Life Shines at ‘2024 K-Pop Summer Festival’ The group Kiss of Life drew attention from domestic and international fans with their performance at the ‘2024 K-Pop Summer Festival.’

Belle Gains Attention with ‘Oh My God’ Activities Belle, a member of Kiss of Life, has gained significant attention with her activities in ‘Oh My God.’

Nexon Announces Collaboration Between ‘Blue Archive’ and ‘World of Warships’ Nexon announced a collaboration between ‘Blue Archive’ and ‘World of Warships’, unveiling various updates and events.

Kim Hee-cheon Debuts First Horror Film at Solo Exhibition Kim Hee-cheon presented his first horror film at his solo exhibition ‘Study’ at Atelier Hermes.

Thousands Flock Outside Venue for Taylor Swift’s Munich Concert Taylor Swift’s concert in Munich saw thousands of fans gathering outside the venue due to ticket unavailability.

 

IT and Gaming

Nexon Celebrates 30th Anniversary with Various Events Nexon marks its 30th anniversary with a variety of events and updates, garnering global user interest.

New Successor Luna Revealed for ‘The First Descendant’ Nexon’s new successor Luna, for ‘The First Descendant’, has gained immense popularity among fans.

Webzen Holds Summer Event for ‘MU Online’ Webzen offers rich benefits through a summer event for ‘MU Online’ players.

Blue Potion Games Donates 10 Million KRW with ‘EOS Black’ Users Blue Potion Games, along with ‘EOS Black’ users, donated 10 million KRW to the Korea Leukemia Children’s Foundation.

Riot Games Releases Skins for ‘Valorant’ Champions Seoul Event Riot Games released high-quality skins to commemorate the ‘Valorant’ Champions Seoul event, receiving acclaim from users and professional players alike.