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News

The Asia Business Daily
asiae.co.kr > en > article > 2026081300043982016

Boston Fed President: "Prices Are Too High"... Leaves Door Open for September Rate Hike

2+ hour, 33+ min ago   (450+ words) Published 13 Aug.2026 00:04(KST) Federal Reserve (Fed). Reuters Yonhap News In an interview with the Financial Times (FT) published on the 12th (local time), President Collins stated she is prepared to raise interest rates if future economic conditions require additional tightening. She…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081216501357205

Andong Expands 'Industrial Hemp' to Eco-Friendly Materials...Exploring Industrialization Strategies at the National Assembly

9+ hour, 41+ min ago   (449+ words) Published 12 Aug.2026 16:55(KST) The city plans to expand the use of hemp, previously focused on the medical sector, into industrial material fields such as automotive interior components and construction materials. This strategy aims to simultaneously achieve carbon neutrality and foster…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081217161874949

Korea Foundation for the Advancement of Science and Creativity Obtains International Standard Certification for Records Management System

9+ hour, 21+ min ago   (206+ words) Published 12 Aug.2026 17:16(KST) The Korea Foundation for the Advancement of Science and Creativity announced on the 12th that it has obtained ISO 30301 certification, an international standard for records management systems. ISO 30301 is an international standard for records management systems established by…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081220175334172

"Fried Chicken for 3,400 Won, Korean Beef at Half Price"... 67 Homeplus Stores Reopen

6+ hour, 15+ min ago   (198+ words) Published 12 Aug.2026 20:22(KST) A total of 67 Homeplus stores, which had been temporarily closed, are scheduled to reopen on August 13. To mark the reopening, there will be discount events on various products such as Korean beef and fried chicken inside the…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081213402483886

"Be Cautious When Investing"... BNK Kyongnam Bank Conducts "Loyalty Financial Education" for Military Personnel

12+ hour, 57+ min ago   (166+ words) Published 12 Aug.2026 13:40(KST) BNK Kyongnam Bank announced on August 12 that it had conducted the "Loyalty Financial Education" program for local service members in line with the Financial Supervisory Service’s initiative to enhance financial education for military personnel. A specialist financial…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081217060232932

Bonghwa County Labor and Management Join Hands for a More Rewarding Public Service Workplace

9+ hour, 27+ min ago   (560+ words) Published 12 Aug.2026 17:10(KST) Bonghwa County and the Bonghwa County Government Employees' Union have signed a collective agreement focused on enhancing employee welfare and rights, as well as improving working conditions, aiming to establish a mutually beneficial labor-management relationship. On August…...

The Asia Business Daily
asiae.co.kr > en > article > finance > 2026081216500353042

Meritz Fire & Marine Insurance Posts 1.0243 Trillion Won Net Profit in First Half, Up 3.8% Year-on-Year

9+ hour, 47+ min ago   (142+ words) Published 12 Aug.2026 16:50(KST) Meritz Fire & Marine Insurance announced on August 12 that its net profit for the first half of this year reached 1.0243 trillion won, up 3.8% compared to the same period last year. Operating profit for the first half was 1.4006 trillion…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081215582821230

KOSPI Closes Up Over 3% on Samsung, SK hynix Rally... Foreign and Institutional Net Buying

10+ hour, 39+ min ago   (314+ words) Published 12 Aug.2026 15:58(KST) The KOSPI index closed up more than 3% on strong gains in semiconductor stocks such as Samsung Electronics and SK hynix. This rally appears to have been supported by buying from foreign and institutional investors. On August 12, 2026, the…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081217083843364

Dongwon Industries 2Q Operating Profit Reaches 151.5 Billion Won, Up 13.3% Year-on-Year

9+ hour, 11+ min ago   (391+ words) Published 12 Aug.2026 17:26(KST) On a separate basis, Dongwon Industries posted first-half sales of 632.2 billion won, up 9.1%, and operating profit of 122.6 billion won, up 2.7%. This slight improvement in earnings was attributed to expanded distribution of seafood products such as sashimi-grade tuna…...

The Asia Business Daily
asiae.co.kr > en > article > 2026081210115636579

Fixup Health Introduces Automated Insurance Claim 'Billing Engine"

16+ hour, 25+ min ago   (237+ words) Published 12 Aug.2026 10:11(KST) Fixup Health announced on August 12 that it has integrated a 'billing engine' that automates insurance claim processes into its AI-based remote rehabilitation treatment monitoring (RTM) solution. The billing engine provides a service that processes the entire insurance…...