AI Pick
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Hanwha Aerospace to Deliver K9 Howitzers and Chunmoo Rockets to Poland
Hanwha Aerospace announced during its second-quarter earnings conference call on July 31 that it plans to deliver 30 K9 self-propelled howitzers and over 40 Chunmoo multiple rocket launchers to Poland this year. The company expressed optimism about maintaining strong performance, noting that it will also supply Chunmoo systems to Egypt and Australia in the second half of the year.* This article has been translated by AI.
July 31, 2026
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LG Chem Reports 2nd Quarter Operating Profit of 599.6 Billion Won, Up 25.8% Year-on-Year
LG Chem announced on July 31 that it recorded a consolidated revenue of 14.1759 trillion won and an operating profit of 599.6 billion won for the second quarter of this year. Compared to the same period last year, revenue increased by 19.0%, and operating profit rose by 25.8%, marking a return to profitability compared to the previous quarter.The petrochemicals division reported revenue of 5.3289 trillion won and an operating profit of 426.5 billion won. Despite a decrease in sales volume due to
July 31, 2026
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Doosan Shares Surge 28% on SK Siltron Acquisition Hopes and Strong Electronics Performance
Doosan's shares have surged, driven by expectations of acquiring SK Siltron and strong performance in its electronics division.As of 2:09 PM on July 31, Doosan's stock was trading at 1,154,000 won, up 255,000 won (28.33%) from the previous trading day. The company even hit the upper limit early in the session.Investor sentiment was boosted by reports that SK would hold a board meeting to discuss the potential sale of its stake in SK Siltron, a company that produces silicon wafers for semiconduct
July 31, 2026
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Crisis in the Petrochemical Industry Deepens Amid Outsourcing Challenges
The petrochemical industry is facing a structural crisis exacerbated by global oversupply and pressure for carbon neutrality, leading to concerns over a deepening phenomenon of 'outsourcing in crisis' that disproportionately impacts subcontractors and temporary workers. Experts emphasize the need for region-specific industrial and employment transition roadmaps, as the impacts vary across major petrochemical complexes such as Yeosu and Ulsan.On July 31, the Korea Employment Information Service r
July 31, 2026
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Jeonbuk Education Office Awards Scholarships to 100 Student Athletes
The Jeonbuk Special Self-Governing Provincial Office of Education has selected 100 student athletes from elementary, middle, and high schools who have demonstrated outstanding performance and potential in sports to receive scholarships.According to the Jeonbuk Education Office on July 31, the scholarship program aims to provide a stable training environment for young athletes, allowing them to focus on their sports without financial burdens.The recipients were chosen through a selection process
July 31, 2026
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Interview: Seo Su-min on Working with So Ji-sub in 'Kim Manager'
SBS's weekend drama 'Kim Manager' concluded with a viewership rating of 23%. Among the seasoned veteran actors, a fresh face captured the audience's attention: Seo Su-min, who played the role of 'Min-ji,' the only driving force that pushed the protagonist, played by So Ji-sub, back into the fray. Despite being a debut performance, Seo skillfully navigated the emotional landscape, enhancing the show's immersion. We explored Seo Su-min's solid start at the center of this grand narrative."I still c
July 31, 2026
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Bloomberg Highlights KOSPI's Record 17% Surge Amid AI Investment Optimism
Bloomberg reported on July 31 that the KOSPI experienced a remarkable rebound. The recent forced selling of leveraged investments, which had contributed to the market's decline, has subsided, and optimism is returning regarding the growth of semiconductor companies driven by increased artificial intelligence (AI) investments.According to Bloomberg, the KOSPI surged as much as 17% during trading, marking its largest single-day increase ever. This followed a 17% drop over three trading days, drive
July 31, 2026
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Adeka Korea Expands Production Facility in Wanju Techno Valley
Adeka Korea Co., Ltd. (CEO Park Jong-seok) will invest 61.3 billion won to expand its production facility for resin additives at its existing site in the Wanju Techno Valley 2nd General Industrial Complex.On July 31, Adeka Korea signed an investment agreement worth 61.3 billion won with North Jeolla Province and Wanju County, marking a significant step in fostering the advanced chemical materials industry and revitalizing the local economy.This agreement is notable as it is the first foreign inv
July 31, 2026
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Coupang to Compensate Victims of Data Breach with 100,000 Won Each
The Consumer Dispute Mediation Committee has ordered Coupang to compensate victims of a data breach 100,000 won each. This marks the first instance where Coupang has been held liable for damages related to a data leak.On July 31, the committee announced that Coupang must pay 100,000 won per person in cash or Coupang cash, following a collective dispute resolution involving 50 consumers.The committee cited the breach of personal information, including members' names, emails, addresses, shared ent
July 31, 2026
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Hyundai Engineering & Construction Reports Record Earnings and Backlog
Hyundai Engineering & Construction has surpassed 100 trillion won in backlog for the first half of the year, laying the groundwork for long-term growth. The company also reported a recovery in operating profit, aided by improved cost ratios in the housing sector. On July 31, Hyundai Engineering & Construction announced its preliminary consolidated results for the first half of the year, reporting sales of 13.1236 trillion won and an operating profit of 442.7 billion won. The company achieved an
July 31, 2026