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ENGLISH NEWS780

Song Young-sook, Chairman of Hanmi Pharmaceutical, Retires from Management… Transition to Professional Management System Chairman Song Young-sook of Hanmi Group announced her intention to step down from the front lines of management following the signing of a joint exercise of voting rights agreement and stock purchase agreement with Chairman Shin Dong-guk.In a statement on the 8th, Chairman Song expressed her expectation for a new leap forward for Hanmi Group through the establishment of a professional management.. 2024. 7. 8.
Coupang to Increase Membership Fees for Existing Members Next Month...Focus on Potential 'Quit-pang' Members As Coupang raises its Wow Membership monthly fee for existing members from 4,990 KRW to 7,890 KRW starting next month, the e-commerce industry is closely watching for the potential emergence of 'Quit-pang' members (members quitting Coupang).According to Coupang on the 8th, the monthly fee for new Wow Membership members was increased to 7,890 KRW from April 13.When announcing the fee increase pla.. 2024. 7. 8.
Shinhan Bank CEO Jeong Sang-hyeok Announces 'Customer-Centric' Management Strategy, Emphasizing Internal Controls and Differentiated Services On the 8th, Shinhan Bank held its '2024 Second Half Management Strategy Meeting' at its headquarters in Jung-gu, Seoul, outlining its strategic direction for the second half of the year to become a "bank chosen by customers."During the meeting, CEO Jeong Sang-hyeok stated, "It is important to accurately identify and resolve what customers want," emphasizing the need to provide innovative service.. 2024. 7. 8.
Samsung Electronics Union Holds General Strike Resolution Rally… Production Disruptions Inevitable The National Samsung Electronics Union (NSEU), the largest union of Samsung Electronics, held a general strike resolution rally on the 8th, officially embarking on a full-scale struggle.The rally, held in front of Gate H1 at the Samsung Electronics Hwaseong Plant in Hwaseong, Gyeonggi Province, was attended by 6,540 union members.Among them, 5,211 participants were from the equipment, manufactur.. 2024. 7. 8.
Financial Authorities Consider DSR Regulation for Jeonse Loans to Curb Household Debt Increase As warnings light up over the recent surge in household debt, financial authorities are actively considering the application of the Debt Service Ratio (DSR) regulation to Jeonse loans.The Financial Services Commission previously announced in its annual work plan the introduction of DSR regulations for Jeonse loans. With the recent spike in household debt, they are accelerating the formulation of.. 2024. 7. 8.
Hyosung Heavy Industries Wins 330 Billion Won Ultra-High Voltage Transformer Order in Norway Hyosung Heavy Industries is strengthening its presence in the European power market by continuously securing ultra-high voltage transformer orders in Norway.Hyosung Heavy Industries announced that it will supply 420kV ultra-high voltage transformers worth a total of 330 billion won to Norway's state-owned transmission agency, Statnett. Of this, it signed a contract for 304 billion won worth of e.. 2024. 7. 8.
Government Borrows Record 92 Trillion Won from Bank of Korea in First Half of Year During the first half of this year, the government borrowed nearly 92 trillion won from the Bank of Korea to cover its financial shortfall.This amount is the largest since the Bank of Korea began compiling such statistics in 2011, with interest alone amounting to 129.1 billion won, also a record high.According to the 'Government Temporary Loan and Interest Details' submitted by the Bank of Korea.. 2024. 7. 8.
National Pension Insurance Premium Increase, Up to 24,300 Won per Month... Adjustment of Standard Monthly Income Starting this month, the upper limit of the standard monthly income for the National Pension has been adjusted to 6.17 million won and the lower limit to 390,000 won, resulting in an increase of up to 24,300 won in insurance premiums for some subscribers.The Ministry of Health and Welfare and the National Pension Service announced on the 8th that they have adjusted the standard monthly income by.. 2024. 7. 8.
President Yoon, Departs Today to Attend NATO Summit President Yoon Suk-yeol will depart on the 8th to attend the '2024 North Atlantic Treaty Organization (NATO)' summit held in Washington, DC, USA.This marks the third consecutive year that President Yoon has attended the NATO summit, a first for a South Korean president.At this summit, President Yoon plans to deliver a strong warning message regarding the strengthening military cooperation betwee.. 2024. 7. 8.
The proportion of credit loans for mid-credit borrowers increased from 17.6% to 26.2%... "Repayment capacity management needed." As credit loans for mid-credit borrowers expand, experts advise managing their borrowing scale to ensure it does not exceed their repayment capacity.Hyungseok Lim, a senior research fellow at the Korea Institute of Finance, stated in his report "Recent Characteristics and Implications of Credit Loans for Mid-Credit Borrowers" on the 8th that the proportion of credit loans for mid-credit borrower.. 2024. 7. 8.
Hanmi Pharmaceutical and Kory Group Under Investigation for Alleged Unfair Internal Transactions Hanmi Pharmaceutical recently launched an internal investigation into allegations of unfair internal transactions between Hong Kong-based Kory Group and Beijing Hanmi Pharmaceutical.Kory Group is known to be owned by Im Jong-yoon, the second-generation owner of Hanmi Pharmaceutical Group and an inside director of Hanmi Science and Hanmi Pharmaceutical.According to a media report, it was suggeste.. 2024. 7. 8.
Japan successfully launched the high-performance SAR satellite "Advanced Land Observing Satellite-4" (ALOS-4) into space with its next-generation H3 rocket. . This launch marks the third mission for the H3 rocket, jointly developed by the Japan Aerospace Exploration Agency (JAXA) and Mitsubishi Heavy Industries.The H3 rocket, launched from the Tanegashima Space Center, flew smoothly along the designated trajectory, and the satellite was deployed into space approximately 16 minutes and 34 seconds after liftoff.The satellite, equipped with a phased-ar.. 2024. 7. 8.
Mexico and Brazil Sign Agreement to Strengthen Space Cooperation Mexico and Brazil have agreed to strengthen their space cooperation, marking a new milestone in their bilateral relations.This agreement includes the development of various initiatives under the framework of NASA's Artemis Accords.Both Mexico and Brazil are signatories to the Artemis Accords.Recently, delegations from the Brazilian Space Agency (AEB) and the Brazilian Cooperation Agency (ABC) un.. 2024. 7. 8.
NASA, Artemis 3 Mission Likely to be Delayed to 2028 with 70% Probability NASA has raised the possibility of another delay in the Artemis 3 mission schedule.Originally postponed from late 2025 to September 2026, the mission now has a 70% probability of being delayed again to early 2028, according to an internal NASA report.This information was revealed in a report released by the U.S. Government Accountability Office (GAO) on June 20.The main reason for the delay is c.. 2024. 7. 8.
China and Kazakhstan Agree on Mutual Use of Space Launch Sites China and Kazakhstan have agreed to pursue a plan to mutually utilize each other's space launch sites to strengthen cooperation in the field of space development.This agreement was signed during Chinese President Xi Jinping's visit to Kazakhstan on the 3rd.China is experiencing a shortage of launch sites due to the rapidly increasing demand for rocket launches and the rise of private space compa.. 2024. 7. 8.
Las Vegas to Open Space Tourism Era… ‘Las Vegas Spaceport’ Construction Confirmed Las Vegas, a representative tourist city in Nevada, USA, is expected to emerge as the center of space tourism.The Federal Aviation Administration (FAA) recently officially approved the construction plan for the ‘Las Vegas Spaceport’ for space tourism in Las Vegas.This project gained momentum after receiving approval from the Clark County Commission last May and securing final approval from feder.. 2024. 7. 8.
Kazakhstan Joins Manned Lunar Base Project in Collaboration with China Kazakhstan has officially joined the manned lunar base project (International Lunar Research Station, ILRS) led by China.The cooperation agreement was signed during Chinese President Xi Jinping's visit to Kazakhstan on the 3rd.According to a joint statement between the two countries, "Kazakhstan and China actively support the exchange and cooperation between aerospace agencies and enterprises fo.. 2024. 7. 8.
India Hints at Exploration Plan for Asteroid Apophis, Approaching Earth in 2029 S. Somanath, Chairman of the Indian Space Research Organisation (ISRO), hinted at plans to explore the asteroid 'Apophis,' which is expected to approach Earth in April 2029. He emphasized the significance of this opportunity for asteroid research.Attending 'International Asteroid Day' on July 3, Chairman Somanath stated, "Apophis will come as close as 48,000 km to Earth on April 13, 2029," and a.. 2024. 7. 8.
China Successfully Launches 30th Rocket This Year, Accelerating Its Ascent to Space Power China has successfully completed its 30th orbital launch of the year.On the 29th of last month, the Long March 7A rocket was launched from the Wenchang Satellite Launch Center in Hainan, carrying the geostationary communications and broadcasting satellite ChinaSat-3A (Zhongxing-3A).This mission was overseen by the China Aerospace Science and Technology Corporation (CASC), which announced the suc.. 2024. 7. 8.
The fever for real estate and stock investments is reigniting, with household loans surging... increasing by 2.2 trillion won in just four days. Amid recent expectations of interest rate cuts, enthusiasm for investing in the real estate and stock markets is heating up again.Major commercial banks are seeing a sharp increase in household loans, indicating a revival of the leverage (borrowed) investment boom for the first time in about three years.In early July, the balance of household loans at the five major commercial banks increased by.. 2024. 7. 8.
Russia to Begin Construction of Independent Space Station with First Module Launch in 2027 Russia is set to embark on the construction of its independent space station.The first module will be launched in 2027, with the goal of completing the station by 2033.Yuri Borisov, head of Roscosmos, officially approved this timeline on July 2, with the signatures of representatives from 19 enterprises under Roscosmos included in the related documents.This is considered the first step in Russia.. 2024. 7. 8.
Hanwha Systems Strengthens Greenhouse Gas Monitoring with Hyperspectral Satellite Development Hanwha Systems has secured a contract worth 40.5 billion KRW to develop miniature hyperspectral satellites, aiming to strengthen greenhouse gas monitoring.This project, overseen by the National Institute of Environmental Research, aims to develop and supply a total of five satellites by 2028.Hyperspectral technology divides light into hundreds of bands to create images, allowing detailed analysi.. 2024. 7. 8.
Amazon to Launch 'Kuiper' Space Internet Service in Early 2025 Amazon's ambitious 'Kuiper' space internet service is set to launch its beta version in early 2025.Amazon recently announced this schedule, stating that the official communication satellite launches will begin in the fourth quarter of this year.Initially, the Kuiper satellite launches and service were planned to start in the first half of this year, but delays in satellite production have pushed.. 2024. 7. 8.
Eduwill Receives Corrective Order from Fair Trade Commission for False Advertising '9 out of 10 Pass Short-Term' Online lecture company Eduwill has been sanctioned by the Fair Trade Commission (FTC) for false advertising.The FTC announced on the 4th that it would impose a corrective order and a fine of 5 million KRW on Eduwill for violating the e-commerce law.According to the FTC, from March to April 2022, Eduwill advertised on its cyber mall that "9 out of 10 people pass in 3 months" while selling online .. 2024. 7. 8.
Bitcoin Plummets to $53,000 Due to Mt. Gox Repayment and Selling Pressure The price of Bitcoin plummeted to the $53,000 range on the 5th.This decline is analyzed as a result of the commencement of repayments to creditors of the bankrupt Japanese cryptocurrency exchange Mt. Gox and news of Bitcoin sales by the German government.According to CoinMarketCap on the 5th, the price of Bitcoin recorded $53,905, nearly an 8% drop compared to 24 hours earlier.Following the coll.. 2024. 7. 8.
Former Vice President of Hyosung, Cho Hyun-moon, Declares to Donate Entire Inherited Wealth to Society Former Vice President of Hyosung, Cho Hyun-moon, announced that he would donate all of his inherited wealth from his late father to society.At a press conference held on the 5th at SparkPlus COEX in Gangnam-gu, Seoul, he stated, "I will not keep a single penny of the inheritance my late father left me, but instead, I will establish a public foundation and donate it."Cho stated, "By donating the .. 2024. 7. 8.
City Gas Rates to Increase for the First Time in a Year... Up by 6.8% Starting in August The government has decided to raise city gas rates for the first time in a year.On the 5th, Korea Gas Corporation announced through a press release that it will increase city gas rates for residential (household and general use) customers by 6.8% starting from August 1st.With this increase, the average monthly city gas bill for a four-person household in Seoul is expected to rise by about 3,770 .. 2024. 7. 8.
Line Games to Merge Three Subsidiaries... Decision to Sell Shares of US Subsidiary On the 5th, Line Games announced that it will merge its three development subsidiaries, Zero Games, Space Dive Games, and ReG, in which it holds a 100% stake, to enhance management efficiency.The merger date is set for August 2nd, with registration scheduled for the 5th.The subsidiaries targeted for this merger had been operating with minimal staff as their new development projects had been susp.. 2024. 7. 8.
Firefly to Launch Rockets from Sweden Starting in 2026, Targeting the European Market Firefly Aerospace, an American launch vehicle company, will start launching rockets from the Esrange Space Centre in northern Sweden beginning in 2026.This collaboration is a strategic decision by Firefly to utilize the Esrange launch site as a bridgehead for launching European government, national security, and commercial satellites.Firefly plans to conduct NATO-related missions and responsive .. 2024. 7. 8.
Chinese Private Rocket Explodes During Ground Test - No Casualties A major accident occurred during a ground combustion test of the Tianlong-3 rocket conducted by Space Pioneer, a private rocket development company, at the Gongyi Comprehensive Test Center in Henan Province, China, on June 30.During the test, the rocket took off and fell to the ground about 50 seconds later, causing a large explosion.Fortunately, no casualties were reported from this accident.Th.. 2024. 7. 8.
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