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ENGLISH NEWS776

PLD Space of Spain accelerates 'Miura 5' development with a €31.2 million loan PLD Space, Spain's innovative rocket startup, is accelerating its space development plans after securing substantial financial support.On the 12th, PLD Space announced that it had received a total of €31.2 million in a syndicated loan from Banco Santander, EBN Banco, the Instituto de Crédito Oficial, and insurance company Cesce.The secured funds will be primarily used for the development of the .. 2024. 7. 15.
Italian startup FAST Aerospace accelerates development of innovative air-launch vehicle Italian space startup FAST Aerospace is advancing the development of a groundbreaking air-launch vehicle.The company is taking on the challenge of developing a ramjet-powered unmanned aircraft and a rocket that is launched into space from this aircraft.Currently, FAST Aerospace is focusing on developing the ramjet engine to be used in the unmanned aircraft, and recently secured €500,000 in inves.. 2024. 7. 15.
SpaceX Requests FAA Approval to Increase 'Starship Annual Launches to 25' SpaceX has submitted an application to the Federal Aviation Administration (FAA) requesting approval to increase the number of Starship orbital launches to a maximum of 25 per year, according to local media reports.SpaceX plans to carry out this launch schedule from its dedicated Starship launch site in Boca Chica, Texas.Currently, the FAA limits the number of Starship orbital launches to five p.. 2024. 7. 15.
SpaceX Falcon 9 Rocket Launch Failure, Operations Halted SpaceX's Falcon 9 rocket failed in its launch on the 11th.An issue occurred with the engine of the second stage booster during the flight, preventing the 20 Starlink satellites onboard from reaching their intended orbit. This marks the first launch failure for the Falcon 9 rocket since September 2016.The U.S. Federal Aviation Administration (FAA) is investigating the incident and has announced a.. 2024. 7. 15.
China's Chang'e-5 Lunar Soil Samples to be Exhibited Overseas for the First Time in Thailand In July 2020, China's unmanned probe Chang'e-5 collected soil samples from the moon, which will be displayed to the public in Thailand from July 22 to 28.The exhibition will be held for free at the National Astronomical Research Institute of Thailand (NARIT) booth during the event 'The Power of Science for the Future of Thailand.'On July 10, NARIT announced on social media, "This is the first ti.. 2024. 7. 15.
The five major banks write off 3.2 trillion won in non-performing loans in the first half of the year... Concerns over worsening soundness The five major domestic banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup) have cleaned up a total of 3.2704 trillion won worth of non-performing loans in the first half of this year.This figure is 1.47 times higher than the same period last year, with the economic downturn and the end of the COVID-19 loan repayment deferral cited as major reasons.According to the financial sector, high inter.. 2024. 7. 15.
Former President Trump Shot at During Rally in Pennsylvania During a campaign rally in Pennsylvania, former President Donald Trump, a Republican presidential candidate, experienced an interruption when gunfire erupted near the rally site.On the evening of the 13th at approximately 6:10 PM local time, while criticizing the Biden administration's illegal immigration issues, Trump heard gunshots that sounded like popcorn popping near the podium. Recognizing.. 2024. 7. 15.
Pohang International Fireworks Festival Evaluation Meeting Held... Achieves Economic Effect of 106.5 Billion KRW Pohang City held a '2024 Pohang International Fireworks Festival Evaluation Meeting' at the City Hall's main conference room on the 12th, presided over by Deputy Mayor Jang Sang-gil, to discuss the achievements and development plans for this year's festival.The evaluation meeting was attended by over 60 representatives from various sectors, including the Pohang Cultural Foundation, sponsors, rel.. 2024. 7. 14.
Kim Man-bae Bribery Allegations: Detention Review for Two Former Journalists on the 15th The detention of two former media executives, accused of receiving money and being asked to arrange favorable articles from Kim Man-bae, a key figure in the Daejang-dong development project, is expected to be decided as early as the 15th.According to the legal community on the 12th, Judge Kim Seok-beom of the Seoul Central District Court will conduct a pre-arrest interrogation (warrant review) f.. 2024. 7. 14.
Incheon City Accelerates Semiconductor Talent Training… Selected for Multiple Ministry of Education Public Projects Incheon Metropolitan City is accelerating the training of semiconductor professionals by being selected for various educational projects by the Ministry of Education.Recently, Incheon announced that Inha University and Yonsei University were selected for the 'Semiconductor Specialized University Support Project,' and Inha Technical College was selected for the 'Semiconductor Talent Training Boot.. 2024. 7. 13.
Hyundai Engineering & Construction, 'Green Good Design Award' Wins for Two Consecutive Years Hyundai Engineering & Construction has once again demonstrated its excellence in the field of eco-friendly design by winning the main prize at the 'Green Good Design Award' for the second consecutive year.On the 12th, Hyundai E&C announced that the 'HI Planter' of Hillstate Yongsan Dunjun Station won the main prize in the 'Green Product, Graphic Design, Packaging' category at the 'Green Good Des.. 2024. 7. 13.
KB Kookmin Card Wins 2024 Ministerial Commendation for Digital Government Innovation KB Kookmin Card has been awarded the '2024 Ministerial Commendation for Digital Government Innovation' in the field of public MyData activation.Since being selected as one of the nine pilot operators for the establishment of a public MyData distribution system in October 2020, KB Kookmin Card has been recognized for its outstanding performance in discovering various tasks utilizing public MyData.. 2024. 7. 13.
Kim Man-bae Bribery Allegations: Detention Review for Two Former Journalists on the 15th The detention of two former media executives, accused of receiving money and being asked to arrange favorable articles from Kim Man-bae, a key figure in the Daejang-dong development project, is expected to be decided as early as the 15th.According to the legal community on the 12th, Judge Kim Seok-beom of the Seoul Central District Court will conduct a pre-arrest interrogation (warrant review) f.. 2024. 7. 13.
Gyeonggi-do Special Judicial Police, Social Welfare Organization Subsidy Embezzl The Gyeonggi-do Special Judicial Police Corps (hereinafter referred to as "Gyeonggi-do Special Police") has taken legal action against social welfare organizations and facilities that misused subsidies for purposes other than intended or arbitrarily used living allowances for disabled individuals. The total amount of illegally obtained funds revealed by this investigation amounts to approximatel.. 2024. 7. 13.
FSS to Inspect Banks' Household Loan Management Practices... Focus on Circumvent As household loan volumes hit record highs, the Financial Supervisory Service (FSS) plans to inspect banks' household loan management practices starting from the 15th. This inspection will focus on whether banks have appropriately established and implemented their annual management plans related to household loans, whether loan performance is reflected in branch key performance indicators (KPIs).. 2024. 7. 13.
Abolition of City Gas Seasonal Rate System after 14 Years...Unification of Indus Starting from the 1st of next month, city gas rates for industrial and general use will be unified into a single rate regardless of the season. The seasonal differential rate system, introduced in 2010 to reduce gas consumption in winter, has continuously faced criticism for its effectiveness and fairness. Korea Gas Corporation expects that with this reform, the general rate will be adjusted to .. 2024. 7. 13.
Another Onboard Portable Battery Fire Occurs... Prompt Response from Cabin Crew A fire caused by a portable battery occurred on an Eastar Jet passenger plane approaching Incheon Airport. On the night of the 11th, smoke started emanating from a passenger's portable battery on Eastar Jet flight ZE512, which departed from Suvarnabhumi Airport in Bangkok, Thailand, and was scheduled to arrive at Incheon Airport on the morning of the 12th. There were 181 passengers on board at t.. 2024. 7. 13.
E-cigarette indoor use still harmful to children's health When e-cigarettes are used indoors, children absorb less nicotine than they would from secondhand smoke, but still at harmful levels. According to a study released on the 12th by Dr. Harry Tattan-Birch's team at University College London (UCL), children exposed to e-cigarettes indoors had blood cotinine levels one-sixth those of children exposed to secondhand smoke, but five times higher than th.. 2024. 7. 13.
POSCO selects three 'Master Craftsmen of the Year 2024'...Discovering talented i POSCO announced on the 12th that the 'POSCO Master Craftsman of the Year 2024' has been selected as Seong-hoon Seo, Manager of Pohang Safety and Disaster Prevention Group, Won-jong Lee, Part Leader of Pohang EIC Technology Department, and Won-chae Jeong, Part Leader of Gwangyang Ironmaking Equipment Department. This selection is part of POSCO's Master Craftsman system, aimed at discovering talen.. 2024. 7. 13.
Kakao, Target Price Lowered Due to Lack of Growth Strategy and Legal Risks Samsung Securities emphasized the need for a new growth strategy and resolution of legal risks as it lowered its target price for Kakao on the 12th. Dong-Hwan Oh, a researcher at Samsung Securities, revised down Kakao’s estimated operating profit for this year and next by 9.1% and 21.7%, respectively, and reduced the target price from 59,000 won to 51,000 won, citing the company's slowing growth.. 2024. 7. 13.
Defense Industry Infringement Response Council Leads the Way in Defense Technolo The Defense Industry Infringement Response Council has initiated in-depth discussions on defense technology protection measures in cooperation with Chung-Ang University. On the 11th, the Defense Industry Infringement Response Council and the Industrial Security Research Center of Chung-Ang University jointly held the '1st Colloquium on Defense Technology Protection and National Security' at Chun.. 2024. 7. 13.
User Satisfaction with Financial Apps, Dominated by the Three Internet-Only Bank In the second quarter of this year, the three major internet-only banks ranked highest in the financial app satisfaction survey. According to the financial sector on the 21st, a recent survey by the research specialist Consumer Insight on '2024 Q2 Financial App Satisfaction' revealed that Toss (76.8 points) and KakaoBank (76.1 points) took the first and second places respectively. Toss dropped 1.. 2024. 7. 13.
Russia Successfully Tests Engine for Next-Generation Launch Vehicle 'Angara-A5M' The Russian news agency TASS reported on July 8 that the core engine RD-191M of the next-generation launch vehicle "Angara-A5M," which Russia will use to build its own space station, has successfully undergone technical testing. This test was conducted for the second time following the first one in April, although specific details of the test were not disclosed. The RD-191M engine is an upgraded.. 2024. 7. 13.
Nuri rocket's 4th launch sends 6 domestically developed CubeSats into space In the second half of 2025, the fourth launch of the Nuri rocket will carry six CubeSats developed by domestic companies and research institutes into space. On the 11th, the Korea Aerospace Research Institute announced the selection of three 6U CubeSats developed by Space Link, Hancom InSpace, and the Electronics and Telecommunications Research Institute, and three 3U CubeSats developed by UZRO .. 2024. 7. 13.
Next year's minimum wage has been set at 10,030 won, breaking the 10,000 won mar At the 11th plenary meeting of the Minimum Wage Commission held at the Sejong Government Complex, next year's minimum wage was set at 10,030 won per hour. This is a 1.7% increase from this year's minimum wage of 9,860 won, which translates to a monthly salary of 2,096,270 won based on a 40-hour workweek. As a result, the era of a 10,000 won minimum wage has arrived 37 years after the minimum wag.. 2024. 7. 13.
KB Kookmin Bank Employee Arrested for Gaining 6 Billion KRW in Illicit Profits U An employee of KB Kookmin Bank has been arrested for gaining an illicit profit of 6 billion KRW using undisclosed information. According to the financial sector on the 12th, the Financial Supervisory Service's Capital Market Special Judicial Police (Special Police) announced the previous day that they had arrested employee A from KB Kookmin Bank's Securities Agency Business Department on charges.. 2024. 7. 13.
Pohang City Holds Symposium to Overcome Population Crisis... Experts and Citizens Seek Solutions Together On the 11th, in celebration of World Population Day, Pohang City held a population policy symposium titled "Population Crisis, the Role of the State and Local Governments" at Change Up Ground to address the issues of low birth rates and the crisis of local extinction.The symposium was organized to discuss and seek solutions for the crisis of local extinction and the outflow of young populations .. 2024. 7. 12.
Incheon City, GTX-B Line Starting from Songdo, Ministry of Land, Infrastructure, and Transport Implementation Plan Approval Notice The Incheon Metropolitan City announced that the Ministry of Land, Infrastructure, and Transport has approved and notified the implementation plan for the private investment section of the GTX-B line, a metropolitan express railway starting from Incheon Songdo International City, on the 11th.With this implementation plan confirmed and announced, Incheon City plans to actively pursue the construc.. 2024. 7. 12.
NATO to Strengthen Response to Space and Cyber Threats from China and Russia… Expanding Security Cooperation with the EU The NATO Summit was held on July 10 (local time) in Washington, DC, USA.In the joint declaration adopted at this meeting, the leaders of the 31 member countries expressed serious concerns about the threats posed by China and Russia and announced plans to strengthen military cooperation in cyber and space domains.The leaders strongly condemned Russia's irresponsible nuclear threats and allegation.. 2024. 7. 12.
Reduction in Fuel Tax Cut Leads to Gasoline Price Increase, Government Discusses Emergency Measures The government has reduced the fuel tax cut from this month, resulting in a rise in gasoline prices by about 30 won per liter.In response, the Ministry of Trade, Industry and Energy held a joint petroleum market inspection meeting with related ministries on the 11th to discuss price stabilization measures.In this meeting, the impact of the reduction in the fuel tax cut on prices was closely exam.. 2024. 7. 12.
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