Korea daily news(June 25th 2024)

Politics

  • Na Kyung-won Declares No Run for Presidential Election: Na Kyung-won announced she will not run in the 2027 presidential election, emphasizing that the party should be a broad-minded entity.
  • People Power Party National Convention: During the 7.23 national convention, Na Kyung-won declared her candidacy and mentioned the need for internal nuclear armament within the party.
  • Jeon Yeo-ok Running for People Power Party Leader: Former lawmaker Jeon Yeo-ok announced her candidacy for People Power Party leader, highlighting internal conflicts by mentioning the impeachment of President Yoon Suk-yeol.
  • Lee Jae-myung Resigns as Democratic Party Leader: Lee Jae-myung resigned as leader of the Democratic Party, stressing political crisis in his resignation speech while hinting at the possibility of re-election.

 

Economy

  • Mercedes-Benz Korea Launches ‘Warranty Plus Extra’: Mercedes-Benz Korea introduced an extended warranty product to support long-term vehicle owners.
  • LH Issues Bonds Denominated in Brazilian Real: Korea Land and Housing Corporation issued Brazilian real-denominated bonds worth approximately 380 billion won with a two-year maturity.
  • Korea Investment Trust Management’s ACE ETF Exceeds 10 Trillion Won: The net asset value of Korea Investment Trust Management’s ACE ETFs surpassed 10 trillion won for the first time.
  • KOSPI Margin Trading Balance Exceeds 11 Trillion Won: The margin trading balance in the stock market exceeded 11 trillion won, indicating continued investment fervor.

 

Culture

  • Stokke Releases ‘Limas Baby Carrier Mesh’: Stokke introduced a premium mesh baby carrier for the summer season.
  • Frieze Seoul 2nd Artist Award: Artist Choi Go-eun was selected as the recipient of the second Frieze Seoul Artist Award.
  • E-Land Park Launches ‘Nature Healing Travel’ Package: E-Land Park’s Kensington Hotels and Resorts launched a nature healing travel package.

 

Society

  • Fire at Primary Battery Manufacturer in Hwaseong: A fire at the Aricell factory in Hwaseong, Gyeonggi Province resulted in multiple casualties.
  • Promotion Period for Local Government Officials Shortened: The minimum period required for local government officials to be promoted from grade 9 to grade 4 has been shortened from 13 years to 8 years.
  • Motorcycle Riding More Dangerous Than Drunk Driving: Emphasizing the dangers of motorcycle riding, a call for safer driving practices was made.
  • 50s Man Sentenced to Prison for Counterfeiting Money: A man in his 50s was sentenced to prison for copying and using 50,000 won bills to cover living expenses.

 

World

  • Donald Trump Mugshot Controversy: Former President Donald Trump, the first U.S. president to have a mugshot taken, sparked controversy with promotional emails selling merchandise featuring the mugshot.
  • Tamayo Perry Surfing Accident in Hawaii: Tamayo Perry, who had a surfing accident in Hawaii, is introduced with his lifeguard activities and acting career.
  • Thomas Sangster Marries Elon Musk’s Ex-Wife: Thomas Sangster, famous for the movie ‘Love Actually,’ married Elon Musk’s ex-wife.

 

Entertainment

  • Song Kang-ho Stars in Disney+ Drama ‘Uncle Samsik’: Actor Song Kang-ho will make his drama debut with Disney+ drama ‘Uncle Samsik.’
  • Han Ye-seul Shares Healthy Meal: Actress Han Ye-seul attracted attention by sharing her simple lunch on social media.
  • Controversy Over NewJeans Concert Stabbing Threat: A threat post targeting girl group NewJeans’ concert was posted on an online community, leading fans to report it to the police.

 

Sports

  • Ha Jung-woo Clarifies Rumor About Hawaii House: Actor Ha Jung-woo clarified rumors that he owns a 100 billion won house in Hawaii.
  • Huawei Expected to Lead Foldable Phone Market: There are projections that Samsung Electronics might lose its top spot in the foldable smartphone market to Huawei.