Economy
Business·Industry
Mixed Results for Three Casino Operators Despite 14% Increase in Drop Volume
While second-quarter drop revenue for South Korea’s three foreigner-only casinos rose by double digits, the extent of earnings improvement is expected to vary by company. Lotte Tour Development and Gr…
Business·Industry
HansolTechnics Establishes New Subsidiary in Mexico… Strengthens Competitiveness in North American Supply Chain
HanSol Group’s electrical and electronic components specialist, HansolTechnics(004710), is set to strengthen its manufacturing competitiveness by reorganizing its global production bases. The strategy…
Business·Industry
Gongyeong Home Shopping Introduces AI Models ‘Gongyeong-hee’ and ‘Young-unni’… to Support SME Promotion
Gongyeong Home Shopping announced on the 13th that it will introduce AI models “Gongyeong-hee” and “Young-unni” to strengthen its corporate PR efforts. The move aims to establish a consistent brand im…
Business·Industry
HLB INC.’s New Liver Cancer Drug Receives Third CRL… Delays in Approval Raise Concerns About Commercial Viability
HLB INC.(028300)’s new liver cancer drug, the combination therapy of “Riboceranib and Camrelizumab,” has received its third Complete Response Letter (CRL) from the U.S. Food and Drug Administration (F…
Business·Industry
Despite the Peptron, Inc. and HLB INC. Shock, the Biotech Sector Remains Bullish… Warm Sentiment Spreads Across KOSDAQ [Biotech Spotlight]
On the 10th, in the biotech sector, Peptron, Inc.(087010)and #HLB INC. all hit their daily price limits due to individual negative factors. Nevertheless, buying momentum spread across the KOSDAQ marke…
Business·Industry
Micron Bets 375 Trillion Won on the U.S. … Samsung and SK Face Growing Pressure to Invest in the U.S.
As Micron expands its semiconductor investment in the U.S. to $250 billion (approximately 375 trillion won), pressure on SamsungElectronics and SK hynix to invest in the U.S. is expected to intensify.…
Business·Industry
K-Battery Set to Return to Profitability in Q2… North American ESS Supply Chain Now Complete
Signs of a turnaround for Korean battery companies are becoming increasingly clear in the second half of the year. Having passed through the “EV chasm” (a temporary slowdown in demand), these companie…
Business·Industry
Peptron, Inc. Emphasized "Smooth Sailing" with Lilly, but... Excluded from Joint Research After Mounjaro and MTA
Peptron, Inc.(087010), following its official statement that its joint research with Eli Lilly is proceeding normally, issued a revised notice around 12:00 p.m. today explaining that tirzepatide is in…
Business·Industry
Samsung TV Plus Expands Musical Content… Exclusively Premieres 'Maybe a Happy Ending'
SamsungElectronics is expanding its musical content offerings through "Samsung TV Plus," its ad-supported free streaming service (FAST). Starting with the original Korean production of "Maybe Happy En…
Business·Industry
Marine Tourism, Seawater, and the Ministry of Culture, Sports and Tourism Need a 'Joint Project' [Tourism Biz]
Experts point out that to develop marine tourism—which encompasses cruises, marinas, island tourism, fishing village tourism, and water sports—into a new growth engine for the national tourism industr…