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News

The Asia Business Daily
asiae.co.kr > en > article > 2026082503423544801

[New York Stock Exchange] Semiconductor Weakness Outweighs Drop in Long-term Yields... Nasdaq Falls 0.77%

2+ hour, 10+ min ago   (491+ words) Published 25 Aug.2026 05:46(KST) On August 24 (local time), the three major indices on the New York Stock Exchange ended mixed, as weakness in semiconductor stocks offset the positive effects of falling U.S. long-term Treasury yields. At the New York Stock Exchange (NYSE),…...

The Asia Business Daily
asiae.co.kr > en > article > 2026082415184546430

Annual Salary Soars Past 300 Million Won for Thirtysomethings... Fierce Recruitment Battle Among Major Corporations

16+ hour, 35+ min ago   (300+ words) Published 24 Aug.2026 15:21(KST) The competition for recruitment among IT and tech giants is even bolder. Fujitsu has introduced a separate compensation system for AI, data science, cybersecurity specialists, and in-house lawyers. These professionals are classified into four levels—S, A,…...

The Asia Business Daily
asiae.co.kr > en > article > social-general > 2026082417241473509

Godeok Hee of Goyang City Council Urges Lowering Ilsan Technovalley Sale Prices to Attract Companies

14+ hour, 32+ min ago   (372+ words) Published 24 Aug.2026 17:24(KST) Godeok Hee, a member of the Goyang City Council, urged on August 24, during a policy inquiry at the 307th temporary session of the plenary meeting, that the sale price of Ilsan Technovalley should be lowered and that practical…...

The Asia Business Daily
asiae.co.kr > en > article > 2026082417062740329

Kakao Games Secures 1.5 Trillion Won for Shareholder Returns... Management Also Purchases Treasury Shares

14+ hour, 50+ min ago   (263+ words) Published 24 Aug.2026 17:06(KST) Kakao Games has initiated efforts to enhance shareholder value through a capital reserve reduction of 1.54 trillion won and a total purchase of approximately 500 million won in treasury shares by the management. Kim Tae-hwan (right) and Lee Si-woo,…...

The Asia Business Daily
asiae.co.kr > en > article > honam > 2026082416332409648

"Secure a 25 Trillion Won Annual Treasury"... Jeonnam-Gwangju Integrated City Fiscal Agency Enters 'Open Competition"

15+ hour, 10+ min ago   (262+ words) Published 24 Aug.2026 16:46(KST) The next fiscal agency for the Jeonnam-Gwangju Integrated Special City, which will manage an annual budget totaling 25 trillion won, will be selected through an 'open competition' process. (From the left) NongHyup Bank Headquarters, Gwangju Bank exterior view....

The Asia Business Daily
asiae.co.kr > en > article > 2026082417333886138

Thanks to a Weak Dollar and Corporate Settlements, Won-Dollar Exchange Rate Drops to 1,370 Range Intraday

14+ hour, 22+ min ago   (428+ words) Published 24 Aug.2026 17:33(KST) On August 24, the won-dollar exchange rate fell to the 1,370 won range during trading, marking its lowest level in about 11 months since September of last year. This trend appears to have been influenced by a globally weaker dollar…...

The Asia Business Daily
asiae.co.kr > en > article > social-general > 2026082418264651998

Mayor Lee Sang-il: "Need to Accelerate Semiconductor Complex... Opposes Gyeonggi Tax Revenue Sharing"

13+ hour, 29+ min ago   (494+ words) Published 24 Aug.2026 18:26(KST) Lee Sang-il, mayor of Yongin, Gyeonggi Province, stated, "We must accelerate the establishment of the Yongin Semiconductor National Industrial Complex to maintain our lead in memory semiconductors, which is the best in the world." Yongin Special City…...

The Asia Business Daily
asiae.co.kr > en > article > stock-disclosure > 2026082416424175210

"Samwha Capacitor Expected to Raise Prices on Trickle-Down Effect...Target Price Up"[Click eStock]

13+ hour, 26+ min ago   (201+ words) Published 24 Aug.2026 18:30(KST) On August 24, iM Securities announced that it expects a price increase for Samwha Capacitor's flagship products due to a surge in demand for multilayer ceramic capacitors (MLCCs) used in artificial intelligence (AI) servers. The company raised its…...

The Asia Business Daily
asiae.co.kr > en > article > 2026082407195154036

Yongin City Establishes Temporary Public Parking Lot with 107 Spaces in Dongcheon-dong, Suji-gu

1+ day, 36+ min ago   (197+ words) Published 24 Aug.2026 07:19(KST) Updated 24 Aug.2026 16:59(KST) Yongin Special City in Gyeonggi Province (Mayor Lee Sang-il) announced on August 24 that it has created a temporary public parking lot with 107 spaces on the land around 125-1 Dongcheon-dong, Suji-gu. This area is densely populated…...

The Asia Business Daily
asiae.co.kr > en > article > 2026082411164323930

Relief for Local Businesses Ahead of Chuseok... BNK Financial Group Offers Special Loans Worth 1.6 Trillion Won

20+ hour, 39+ min ago   (177+ words) Published 24 Aug.2026 11:16(KST) As the demand for funds increases ahead of the Chuseok holiday, BNK Financial Group is providing a special loan program worth 1.6 trillion won to support local small and medium-sized enterprises (SMEs) and small business owners. BNK Financial…...