Korea Daily News (July 18, 2024)

Politics

  • President Yoon Suk-yeol: Announced plans to ensure the protection of teacher rights more meticulously on the first anniversary of the Seoi Elementary School incident.
  • Democratic Party of Korea: The first debate among party leader candidates focused on issues such as the financial transaction tax, unipolar system, and the Chae Hae-byeong special investigation.

 

Society

  • Cyber Racqueteer Issue: Unchecked exposure and threats by YouTubers are becoming a social problem.
  • Seoul Heavy Rain: Flood warnings issued, with access to 29 rivers restricted and some major roads partially closed.
  • Apartment Price Collusion: Apartment owners in Seoul’s Seocho district are leading price collusion efforts.
  • Real Estate Market: Jeil Construction plans to open a model home for ‘Jeil Pung Gyeong Chae Unjeong’.

 

Business & Technology

  • Korea Investment & Securities: Maintains a buy rating for Samsung SDS, expecting better performance in the second half of the year with a target price of 220,000 KRW.
  • SK Innovation: Approved a merger with SK E&S.
  • OpenAI: Announced the development of a new algorithm to improve the ability of AI models to explain their answers.
  • Kia Motors: Announced the top-selling vehicles by gender and age group.

 

Sports

  • NewJeans: Performed the halftime show at the Bayern Munich vs. Tottenham Hotspur match.
  • Son Heung-min: Offered words of comfort to Hwang Hee-chan, who experienced racial discrimination.

 

International

  • President Biden: Resumed campaigning in Nevada, appealing to Black and Latino voters after the attempted assassination of former President Trump.
  • U.S. Politics: Former President Trump’s campaign emphasizes Christian narratives.
  • Thailand Alcohol Ban: Alcohol sales banned on major Buddhist holidays.
  • Peruvian Amazon: Discovery of previously uncontacted indigenous people.

 

Miscellaneous

  • UK Tourist Site: Tourist income decreased by $170,000 after banning coin donations.
  • Cosmetic Exports: Achieved record-high exports, expanding into new markets.