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Jung Hae-in Promotes 'This Awful Love' Amid Controversy Over Co-star's Ancestor Actor Jung Hae-in has begun promoting the Netflix original series 'This Awful Love.'On August 10, Jung posted on his social media with the caption "Jang Tae-ha" and tagged the series.'This Awful Love' is a romantic comedy that follows elite prosecutor Go Eun-sae, played by Ha-young, who suffers from amnesia, and her self-proclaimed boyfriend, boxing coach Jang Tae-ha, portrayed by Jung Hae-in, as they navigate a precarious cohabitation in a small rural town known as 'Yeo Village.'Meanwhile, on the same day, Ha-young revealed during an appearance on KBS 2TV's entertainment program 'Problematic Men' that her great-grandfather was the first doctor in Korea to study Western medicine in Japan. The production team introduced him with the subtitle 'He also treated Emperor Gojong.'Ha-young also shared that her grandfather, father, and sister are all doctors, highlighting a four-generation legacy in the medical field.Following the broadcast, it was reported that Ha-young's great-grandfather, Ahn Sang-ho, practiced medicine during the Japanese colonial period, sparking controversy online regarding his actions. Ha-young's agency, Visters Entertainment, confirmed that Ahn Sang-ho is indeed her great-grandfather but stated that the allegations circulating online are unfounded.* This article has been translated by AI. 2026-08-11 07:52:00 -
Zuckerberg Warns Against AI Monopoly, Meta Reenters Open AI Competition Mark Zuckerberg, CEO of Meta, has expressed concerns about the concentration of artificial intelligence (AI) technology and power in the hands of a few companies, declaring a commitment to expanding open AI. Meta has reentered the open AI competition by unveiling a new AI model that can run on personal computers. On August 10, Zuckerberg published a 6,500-word essay titled "The Future is for Everyone," stating, "The idea that AI is so dangerous that we must concentrate power to ensure safety is fundamentally problematic." Zuckerberg argued that superintelligence should be accessible and controllable by everyone rather than monopolized by a select few companies. He warned that concentrating AI technology within a few firms could stifle market competition and innovation. On the same day, Meta introduced the 'Muse Glimmer,' an AI model featuring 30 billion parameters. This model is designed to operate with just one graphics processing unit (GPU) on standard PCs or Macs, allowing users to perform tasks such as coding and operating AI agents without an internet connection. Meta also plans to release the weights of its top AI model, 'Muse Spark 1.2,' in the near future. Following underwhelming performance from its Llama 4 model, Meta has shifted back to an open strategy after previously focusing on closed model development. Zuckerberg emphasized, "We will enhance safety measures alongside the expansion of openness." He stated that the safety standards and public availability of the new AI model will be reviewed by independent directors on Meta's board. He also proposed that governments collaborate with companies from the early stages of model development to assess potential misuse in cyberattacks or bioweapons development. To support communities where AI data centers are established, Meta announced the creation of a $1 billion fund titled "The Future is for Everyone."* This article has been translated by AI. 2026-08-11 07:44:00
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26 Companies Escape Delisting Crisis After Stock Prices Surpass 1,000 Won As of August 10, 2026, 26 companies have dramatically escaped the threat of delisting after their stock prices exceeded 1,000 won for at least one day. The first step toward delisting for penny stocks is scheduled for August 13, when management designation will be implemented.Since July 1, companies needed to maintain a stock price above 1,000 won for just one day within a 30-trading-day period to avoid management designation. While these companies have managed to grasp a lifeline, they still face challenges such as falling short of market capitalization requirements.In the KOSPI market, CI Tech and D.Y. recorded prices of 1,002 won and 1,063 won, respectively, on July 29 and July 10, allowing them to avoid management designation. In the KOSDAQ, eight companies, including Melabity, Sambo Industry, Daesung Venture Investment, Joyworks & Co., Abko, Jarvis, and Coasia CM, also managed to evade delisting risks.Additionally, some companies that had previously announced concerns about management designation saw their stock prices rise above 1,000 won. In the KOSPI market, Daekyo and Sangsangin Securities, along with Essentec, Wisebuzz, Dasan Solueta, Nubo, and Lumens in the KOSDAQ, are among those that benefited.Eight companies, including Cherry Buro and Kookyoung G&M, temporarily halted trading due to stock consolidation processes, giving them more time to address their situations. As of August 10, 33 companies remain at risk of management designation.However, even if these companies meet the penny stock criteria, they still face elevated market cap thresholds of 30 billion won for KOSPI and 20 billion won for KOSDAQ. As of August 10, 19 companies, including seven in the KOSPI and 12 in the KOSDAQ, have received notifications regarding management designation concerns based on their market capitalization.Among these, Ontide, Moa Life Plus, E8, Woori Enterprise, and Hyungji Global have fallen short of both penny stock and market cap requirements, increasing their burden to maintain listing status. Market analysts are questioning whether it is appropriate to apply strict standards to small and mid-cap stocks amid recent market volatility.* This article has been translated by AI. 2026-08-11 07:32:00
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Intel Plans $15 Billion Stock Offering to Fund AI and Foundry Investments U.S. semiconductor company Intel is set to raise $15 billion (approximately 21.3 trillion won) through a stock offering to fund investments in artificial intelligence (AI) and expand its foundry services. On August 10, Intel announced its plans to issue new shares to raise the funds, according to a filing with the U.S. Securities and Exchange Commission (SEC). The funds will be used for investments in semiconductor production facilities and equipment, as well as for general corporate purposes. Intel stated, "As investments in AI rapidly increase, the demand for semiconductors remains strong," highlighting new growth opportunities in AI applications for robotics and autonomous driving, custom semiconductors, advanced packaging, and semiconductor production for external customers. Intel is also increasing its investment scale. Last month, it raised its capital expenditure forecast for the year from $18 billion (approximately 25.5 trillion won) to $20 billion (approximately 28.4 trillion won). The company plans to expand its production facilities and equipment to meet the demand for AI server semiconductors while growing its foundry business. The total amount raised could increase to $17.25 billion (approximately 24.5 trillion won), as Intel has allowed underwriters to purchase an additional $2.25 billion (approximately 3.2 trillion won) worth of shares. Through this stock offering, Intel aims to secure the necessary funds for growth investments while maintaining its financial stability and investment-grade credit rating. However, concerns over the potential dilution of existing shareholders' equity due to the large issuance of new shares led to a 4.06% drop in Intel's stock price, which closed at $97.52.* This article has been translated by AI. 2026-08-11 07:32:00
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U.S. Stocks Decline as Oil Prices Surge Amid Hormuz Tensions The three major U.S. stock indices fell on August 10 as tensions surrounding the reopening of the Strait of Hormuz led to a nearly 5% surge in international oil prices, coupled with a significant decline in semiconductor stocks.The Dow Jones Industrial Average closed down 60.95 points (0.11%) at 53,975.98. The S&P 500 index fell 4.53 points (0.06%) to finish at 7,753.11, while the tech-heavy Nasdaq Composite dropped 85.26 points (0.32%) to close at 26,605.36.After reaching an all-time high on August 7, the S&P 500 took a breather as expectations for an early reopening of the Strait of Hormuz weakened, contributing to rising oil prices that pressured the stock market.According to Reuters, Iran is demanding the lifting of U.S. sanctions, cessation of military threats, and compensation for war damages. The U.S. is also seeking compensation for its own losses, leaving both sides far apart in negotiations.This uncertainty has caused a sharp increase in international oil prices. Brent crude futures rose by $4.17 (4.99%) to $87.72 per barrel, while West Texas Intermediate (WTI) crude increased by $3.95 (5.05%) to $82.13.Concerns have also emerged that rising oil prices could exacerbate inflation in the U.S. The yield on 10-year U.S. Treasury bonds climbed to around 4.7%, adding further pressure to the stock market.Semiconductor stocks experienced widespread declines, with the Philadelphia Semiconductor Index plummeting 2.94%.Nvidia fell 2.9% amid reports of a large funding plan for AI infrastructure in collaboration with Apollo Global, BlackRock, Blackstone, and Goldman Sachs, leading to profit-taking after recent stock gains.Intel dropped 4.1% after announcing plans to raise $15 billion through stock sales to fund its foundry business expansion, raising concerns about the dilution of existing shareholders' equity due to the large new share issuance.Memory chip stocks also faced declines, with Micron down 1.9% and SK Hynix's American Depositary Receipts (ADRs) falling 1.90% to $135.29. Broadcom and Qualcomm also saw decreases of 1.25% and 3.39%, respectively.In contrast, energy stocks benefited from rising oil prices, with Chevron up 4.48% and Occidental Petroleum rising 4.90%.Market attention is now focused on the U.S. Consumer Price Index (CPI) for July, set to be released on August 12. With a slowdown in the labor market easing concerns about Federal Reserve tightening, the impact of soaring oil prices on inflation is expected to be a key factor influencing future interest rate decisions.* This article has been translated by AI. 2026-08-11 07:24:00
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Trump Claims Strait of Hormuz is Open and Under U.S. Navy Control President Donald Trump asserted that the Strait of Hormuz is already open and under the control of the U.S. Navy. However, Iran maintains that it will only reopen the strait if the U.S. lifts its maritime blockade and sanctions, leading to conflicting claims from both sides.On August 10, during a press briefing at the White House, Trump stated, "It is currently open," and emphasized that "the only force controlling the strait is the U.S. Navy."Trump claimed, "The U.S. is controlling the entry of vessels and has removed all mines placed in the strait." He added, "Iran occasionally places mines, but we are able to locate them, and we have removed all mines from the strait." However, The New York Times pointed out that contrary to Trump's assertions, the Strait of Hormuz has been effectively closed since the outbreak of hostilities.According to Reuters, Iran has stated it will not fully reopen the strait until the U.S. accepts its demands. These include lifting the maritime blockade, ending economic sanctions, withdrawing U.S. troops from the region, returning frozen assets, and providing reparations for war damages.Recently, Iran and Oman have approached an agreement regarding new shipping routes through the Strait of Hormuz. However, Iran clarified that even if an agreement is reached on the new route, it does not mean the strait will be fully reopened immediately.In response to Iran's demands for war reparations, Trump countered on Truth Social, stating, "Iran should compensate for the casualties of Americans and its own anti-government protesters," and indicated that he has instructed his negotiating team to raise this issue in future discussions with Iran.* This article has been translated by AI. 2026-08-11 06:48:00
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Zelenskyy: Russia Prepares to Deploy More North Korean Troops Ukrainian President Volodymyr Zelenskyy has claimed that Russia is preparing to deploy additional North Korean troops. He warned that as North Korea improves its weaponry and gains combat experience through the Ukraine war, security threats to neighboring countries like South Korea and Japan could increase. In a public address on August 10, Zelenskyy stated, "Russia can no longer conduct the war without reinforcements from North Korea," adding that Moscow is ready to deploy North Korean troops to its territory. He also asserted that Russia has received additional ballistic missiles from North Korea, noting that North Korean missiles and other weapons are being enhanced through cooperation with Russia. "North Korea is elevating its weapon performance and troop operational capabilities through the Ukraine war," he pointed out. Zelenskyy warned that the increased use of North Korean missiles and troops would heighten risks for regional countries, including South Korea, Japan, and the Philippines. He urged the international community to support Ukraine's air defense systems, stating that such assistance would help prevent North Korea from accumulating combat experience. Ukrainian sources estimate that the number of North Korean troops deployed to Russia could reach up to 50,000. Zelenskyy claimed the possibility of 30,000 to 50,000 North Korean troops being stationed in Russian territory the previous day, although he did not disclose specific sources for this information. North Korea has already sent troops to the Kursk region of Russia, where they have engaged in combat with Ukrainian forces. Both Russia and North Korea have officially confirmed the participation of North Korean troops in the fighting in Kursk.* This article has been translated by AI. 2026-08-11 06:40:00
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Trump Responds to Iran's War Compensation Demands President Donald Trump has asserted that Iran should also compensate for the losses suffered by Americans and its own protesters in response to Iran's demand for war reparations. The issue of compensation has emerged as a new point of contention in U.S.-Iran negotiations regarding the reopening of the Strait of Hormuz.On August 10, Trump stated on Truth Social, "Iran is demanding compensation for damages incurred during military conflicts over the past five months. If that is the case, then I will demand compensation from Iran as well."He emphasized that Iran should compensate Americans who were killed or injured due to attacks by Iranian-backed armed groups, as well as the families of anti-government protesters who died during the Iranian government's crackdown.Trump also mentioned that he has directed U.S. negotiators to raise the issue of compensation in all future discussions with Iran.Additionally, Trump included the victims of the 2000 bombing of the USS Cole in Yemen as part of those deserving compensation. The attack resulted in the deaths of 17 U.S. service members, although U.S. authorities concluded that the incident was carried out by al-Qaeda, not Iran.Trump's remarks are a direct response to Iran's recent demands for war reparations, which it has linked to the reopening of the Strait of Hormuz. Iran has called for the lifting of maritime blockades and economic sanctions, the withdrawal of U.S. troops from the region, the return of frozen assets, and compensation for war damages.* This article has been translated by AI. 2026-08-11 06:36:00
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Fire Breaks Out at Hazardous Materials Storage Facility in Pyeongtaek A fire broke out at a hazardous materials storage facility in Pyeongtaek, Gyeonggi Province.According to Yonhap News and the Gyeonggi Fire and Disaster Headquarters, the fire was reported at 5:16 a.m. on August 11 at the hazardous materials storage facility located in Tojin-ri, Cheongbuk-eup, Pyeongtaek. The response level was downgraded from Level 2 to Level 1.So far, there have been no reported injuries.Earlier, at 12:03 a.m., the fire department received an automatic fire alarm from the facility and dispatched units to the scene.Due to concerns about the potential spread of the fire, the fire department issued a Level 1 response (requiring 31 to 50 vehicles) at 1:32 a.m., which was later upgraded to Level 2 (requiring 51 to 80 vehicles) at 2:40 a.m.As the flames intensified, a National Fire Mobilization Order was issued at 3:39 a.m. This prompted immediate support from 26 fire trucks and chemical vehicles from four nearby provinces: Chungnam, Sejong, Chungbuk, and Daejeon.The National Fire Mobilization Order is issued by the Fire Chief when it is deemed that local firefighting resources are insufficient to respond to a disaster.A total of 95 pieces of equipment and 238 personnel were deployed, and the fire was eventually brought under control, allowing the alert level to be lowered to Level 1. However, the National Fire Mobilization Order remains in effect in case the fire reignites.The facility is reported to store materials and finished products related to secondary batteries, but it has not been confirmed whether such materials were present at the time of the fire.The fire department plans to investigate the cause of the fire once it is fully extinguished.* This article has been translated by AI. 2026-08-11 06:28:00
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Iran's Supreme Leader Reshuffles Military Leadership After U.S.-Israel Strikes Iran's Supreme Leader Ayatollah Mostafa Khamenei has made appointments to the leadership of the military and the Islamic Revolutionary Guard Corps (IRGC), filling gaps left by the deaths of key commanders due to U.S. and Israeli airstrikes.According to Iran's state-run IRNA news agency on August 10, Khamenei appointed Brigadier General Ali Abdollahi as the new Chief of Staff of the Iranian Armed Forces.Abdollahi succeeds former Chief of Staff Abdolrahim Mousavi, who was killed in late February during the U.S.-Israel strikes on Iran.Brigadier General Kioumars Heydari has been appointed as the Deputy Chief of Staff of the Iranian Armed Forces.Major General Ahmad Vahidi has been named the new Commander of the IRGC, with Brigadier General Mostafa Izadi serving as his Deputy.Additionally, Major General Ali Azmaei has been appointed as the Commander of the IRGC Navy, and Hossein Taeb has been named the head of the Basij, a paramilitary organization under the IRGC.Khamenei instructed the new military leadership to strengthen defensive and security capabilities and readiness. He emphasized the need to prepare for complex threats that combine traditional military attacks with cyber warfare and psychological operations, directing the integration of the General Staff and wartime operations command to unify the command structure.* This article has been translated by AI. 2026-08-11 06:28:00