Kolon TissueGene Shares Plunge for Third Day Following Disappointing U.S. Trial Results Kolon TissueGene has seen its shares drop for three consecutive days following disappointing results from a U.S. Phase 3 clinical trial.As of 9:24 a.m. on July 23, Kolon TissueGene's stock was trading at 21,050 won, down 29.95% from the previous trading day. The shares had previously fallen 29.90% and 29.95% on July 21 and 22, respectively, hitting the daily trading limit each day.The sharp decline in stock price is attributed to the top-line results of the Phase 3 clinical trial for the osteoar July 23, 2026

NH Nonghyup Insurance Introduces Quantum-Resistant Encryption to Enhance Digital Security 농협손해보험이 양자컴퓨터 시대에 대비해 디지털 채널 전반에 차세대 암호기술인 '양자내성암호(PQC)'를 도입했다. 고객 인증부터 전자서명, 거래 승인까지 주요 서비스에 적용해 미래 보안 위협에 선제 대응한다는 전략이다.농협손해보험은 디지털채널 전환사업의 일환으로 양자내성암호 기반 보안체계를 도입했다고 23일 밝혔다.양자내성암호는 초고속 연산 능력을 갖춘 양자컴퓨터로도 해독하기 어려운 수학적 알고리즘을 기반으로 한 차세대 암호 기술이다.최근 금융권에서는 암호화된 데이터를 미리 확보한 뒤 향후 양자컴퓨터로 해 July 23, 2026

U.S. and Saudi Arabia Sign Nuclear Cooperation Agreement Without Enrichment Ban The Trump administration has signed a so-called '123 Agreement' with Saudi Arabia, establishing a legal framework for nuclear cooperation. However, the agreement reportedly does not include provisions banning uranium enrichment and the reprocessing of spent nuclear fuel, raising concerns about nuclear nonproliferation.On July 22, the U.S. Department of Energy announced that Secretary Chris Wright and Saudi Energy Minister Abdulaziz bin Salman signed the 123 Agreement, which facilitates peaceful July 23, 2026

Kia Sportage Ranks First in German SUV Comparison Kia's compact sport utility vehicle (SUV) Sportage has secured the top spot in a comparison evaluation conducted by a leading German automotive magazine, surpassing its competitors.According to Kia, the Sportage achieved a total score of 541 points in the recent compact SUV comparison by Auto Motor und Sport, earning the overall first place.Auto Motor und Sport is considered one of Germany's top three automotive magazines, alongside Auto Bild and Auto Zeitung. This prestigious evaluation is infl July 23, 2026

U.S. House Passes $1.7 Trillion NDAA, Approves Additional Funding for Iran War The National Defense Authorization Act (NDAA) for fiscal year 2027, which outlines U.S. defense policy and budget expenditures, passed the House of Representatives on July 22. The House also approved a separate budget of $95 billion to cover defense costs incurred from the war in Iran.According to reports from The Washington Post and others, the NDAA, which authorizes $1.15 trillion in defense spending, was approved by a vote of 216 to 212. The vote largely followed party lines, with all but sev July 23, 2026

Second Quarter GDP Grows 0.6% Driven by Strong Semiconductor Exports South Korea's real gross domestic product (GDP) grew by 0.6% in the second quarter, significantly exceeding expectations and continuing the growth trend established in the first quarter. This growth was bolstered by strong semiconductor exports.According to the Bank of Korea on July 23, the preliminary GDP growth rate for the second quarter increased by 0.6% compared to the previous quarter, far surpassing the forecast of 0.2%.Breaking down the second quarter growth by sector, private consumptio July 23, 2026

Qualcomm Expands Partnership with Samsung to Include New Galaxy Smartphones, Watches, and Intelligent Eyewear Qualcomm is expanding its collaboration with Samsung Electronics beyond smartphones to include smartwatches and intelligent eyewear. The strategy involves applying the next-generation Snapdragon platform across the Galaxy ecosystem to connect AI features across devices.At the Galaxy Unpacked event on July 23, Qualcomm announced that the Galaxy Z Fold8 Ultra, Galaxy Z Fold8, and Galaxy Z Flip8 will be equipped with the 'Snapdragon 8 Elite Gen 5' for Galaxy.The Galaxy Watch9 and Galaxy Watch Ultra July 23, 2026

Democratic Party Faces Backlash Over Allegations of Shincheonji Involvement As allegations of Shincheonji involvement surface within the Democratic Party, former leader Jung Cheong-rae and his supporters are intensifying pressure on Kim Min-seok, a former Prime Minister who raised the suspicions.On July 23, Jung posted on Facebook, stating, "I will respond strongly to the baseless Shincheonji allegations," and added, "I will act with the intention of saving the party from actions that put it in danger. I will protect the party, so I ask party members to support me." Ear July 23, 2026

KOSPI Opens with 2% Gain as Samsung and SK Hynix Rally The KOSPI index is showing a gain of over 2% in early trading. Expectations for increased semiconductor demand due to Alphabet's expansion in artificial intelligence (AI) investments are driving up shares of Samsung Electronics and SK Hynix. As of 9:04 a.m. on July 23, the KOSPI rose by 183.40 points (2.70%) to reach 6,981.10, briefly surpassing the 7,000 mark during the session. In the stock market, foreign investors have made a net purchase of 153.8 billion won, while individuals and instituti July 23, 2026

KB Securities Raises Samsung C&T Target Price Amid Discount Rate Expectations KB Securities has raised its target price for Samsung C&T from 400,000 won to 490,000 won, reflecting an increase in the value of its holdings and the potential for a reduced corporate value discount rate. The investment recommendation remains a 'buy.'Jang Mun-jun, a researcher at KB Securities, stated, "The target price was adjusted upward by changing the target net asset value (NAV) discount rate from 45% to 40% and reflecting the increase in the value of holdings. In the future, we can expect July 23, 2026