CJ CheilJedang's Q2 operating profit slides on costs, weak home market SEOUL, August 11 (AJP) - CJ CheilJedang, South Korea's largest food and bioscience group, announced that its second-quarter operating profit fell sharply as sluggish domestic demand and oil-driven increases in packaging and raw material costs squeezed margins. According to regulatory filings released Tuesday, consolidated revenue edged up 1.7 percent from a year earlier to 7.36 trillion won (about $5.19 billion) in the April-June quarter, while operating profit dropped 27.1 perc August 11, 2026

South Korean thriller inspired by former first lady invited to Toronto film fest SEOUL, August 11 (AJP) - Director Hur Jin-ho's latest film "Assassin(s)" has been invited to this year's Toronto International Film Festival (TIFF), which opens next month. The 131-minute thriller will be screened along with some 22 other films in the Gala Presentations of the annual festival, which runs from Sept. 10 to 20. Hur, alongside cast members Lee Min-ho, Park Hae-il and Yoo Hae-jin, will take part in various events including a red-carpet event to mee August 11, 2026

KAIST lines up gas atoms to pull gas mixtures apart SEOUL, August 11 (AJP) - A South Korean research team has shown that gas atoms trapped inside a porous solid can be made to line up in a regular pattern, the way atoms line up in a crystal, instead of scattering wherever they land. The finding, so far demonstrated only in computer simulations, points to a different way of designing the materials that separate one gas from another. Korea Advanced Institute of Science and Technology said Tuesday that a team led by Kim Ji-han in its August 11, 2026

NHN Q2 operating profit surges 164% on payment, tech growth SEOUL, August 11 (AJP) - South Korean internet firm NHN announced that its second-quarter operating profit jumped 164 percent from a year earlier, powered by robust demand across its payment, cloud and gaming businesses. According to regulatory filings released Tuesday, operating profit reached 57.9 billion won ($40.9 million) on a consolidated basis, while revenue climbed 25.3 percent to 757.9 billion won. Net profit rose 159 percent to 29.1 billion won. Payments, NHN's l August 11, 2026

Police raid state authorities in Jeju Air crash probe SEOUL, August 11 (AJP) - South Korean police investigating the 2024 Jeju Air disaster raided the transport ministry and other aviation authorities Tuesday as part of a widening probe into possible negligence linked to the crash that killed 179 people. A special investigation team began executing search warrants at the Ministry of Land, Infrastructure and Transport, Korea Airports Corp. and the Busan Regional Office of Aviation at around 9 a.m., according to police. Investigator August 11, 2026

Google overtakes Naver in South Korea on AI feature SEOUL, August 11 (AJP) - Google has overtaken Naver, South Korea's dominant internet portal, in monthly mobile users for the first time, as artificial intelligence (AI) begins to change how Koreans search for information online. The Google app had 47.02 million monthly active users (MAUs) in July, slightly ahead of Naver's 46.85 million, according to Mobile Index data released Tuesday by South Korean data analytics firm IGAWorks. The gap was about 178,000 users, marking t August 11, 2026

No special pardon expected for Liberation Day next week SEOUL, August 11 (AJP) - There appears to be no special amnesty for this year's Liberation Day, which falls on Aug. 15 next week. According to legal sources on Tuesday, the Justice Ministry held a meeting for parole assessments the previous day to screen eligible candidates based on their conduct in prison, remaining sentences and risk of reoffending. However, a special pardon which often involves high-profile figures and politicians, is unlikely to be possible this year, g August 11, 2026

Webtoon Entertainment takes majority stake in RI Games SEOUL, August 11 (AJP) - Webtoon Entertainment is buying its way into the business of turning its own comics into games and films, ending years in which the company handed its biggest hits to outside studios and collected a fee while somebody else kept the franchise. The Nasdaq-listed operator of Naver Webtoon disclosed two deals on Monday alongside second quarter results. It agreed to buy a 60 percent stake in RI Games Holdings for about $100 million in cash, paid across two clos August 11, 2026

Seoulites get respite from tropical nights as heatwave eases with arrival of autumn SEOUL, August 11 (AJP) - The scorching heat that has gripped South Korea in recent weeks is showing signs of easing, although daytime temperatures are expected to remain high. According to the Korea Meteorological Administration, morning lows fell below 20 degrees Celsius in many parts of the country on Tuesday as the sweltering heatwave has abated a little since last Friday, a day known as Ipchu or the beginning of autumn in the lunar calendar. Temperatures in Seoul, which soa August 11, 2026

Massive blaze hits hazardous chemical warehouse in Pyeongtaek, no casualities SEOUL, August 11 (AJP) - No casualties were reported after a massive fire tore through a hazardous-chemical warehouse in Pyeongtaek early Tuesday, with firefighters bringing the main blaze under control in about five hours while the extent of property and chemical damage remained unclear. The fire broke out at 12:03 a.m. at PJK's Pyeongtaek No. 1 Center in Cheongbuk-eup, Pyeongtaek, about 70 kilometers south of Seoul, according to the Gyeonggi Fire and Disaster Headquarters. August 11, 2026