Korea Daily News (November 11, 2024)

Politics

  • KDLC Rally for Lee Jae-myung: Members of the Democratic Party, including mayors and council members, held a resolution rally in front of the National Assembly building, advocating for Lee Jae-myung’s acquittal.
  • Lee Jae-myung Honors Farmers: Lee Jae-myung, during the Supreme Council meeting, commemorated Farmers’ Day by holding up rice cake sticks, recognizing the efforts of farmers.
  • Bipartisan Council Launched: The Bipartisan Legislative Council officially launched on the 11th, aiming to resolve inter-party conflicts with its first meeting and pledging to achieve meaningful outcomes.
  • Prime Minister Han Duk-soo: Attended the Budget and Accounts Committee at the National Assembly, where he engaged in the review of the economic department’s budget proposals.

 

Society

  • Yellow Balloon Social Contribution: Yellow Balloon conducted social contribution activities for underprivileged children in Seoul, organizing the “Let’s Go Together! Seoul Trip” with various programs.
  • Busan Fireworks Festival: An incident during the Busan Fireworks Festival caused the lights on the Gwangan Bridge to go out, inconveniencing citizens.
  • Hyundai Department Store’s Charcoal Donation: Deoksin EPC carried out a social contribution activity by delivering 6,000 charcoal briquettes to the Gwanak-gu area in Samsung-dong.

 

Industry

  • Samsung Display Recruitment: Samsung Display initiated its ‘Future Elite (FuEL)’ recruitment for experienced professionals in the electronics industry.
  • CU Expands PB Products in Japan: CU installed dedicated shelves for private brand (PB) products at Don Quijote, Japan’s largest general store, boosting exports.
  • Kakao Style’s Zigzag Success: Zigzag, a part of Kakao Style, achieved a 127% year-over-year increase in beauty sales in October, marking an all-time monthly high.
  • Securities Firm Net Income: The ‘Big 5’ securities firms recorded a combined net income of 1.2 trillion KRW in Q3, a 70% increase from the previous year, mainly due to improved overseas stock fees and operational gains.

 

International

  • France-Israel Soccer Match Security: French police deployed 4,000 officers to enhance security against terrorism during a friendly soccer match with Israel.
  • Ukraine Military Revelation: The Ukrainian army disclosed intercepted North Korean military communications in Russia’s Kursk region, attracting attention.
  • Donald Trump Jr. on Ukraine Aid: Indicated a possible halt to Ukraine aid, causing a stir in U.S. politics.

 

Culture

  • Global Squid Game Campaign: Netflix and Kia have launched a global campaign themed around ‘Squid Game Season 2’.
  • Korean Image Awards 2025: National fencer Oh Sang-wook, Korean-American chef Edward Lee, and table tennis athlete Shin Yu-bin were selected as winners of the ‘Korean Image Award 2025’.
  • Summoners War Esports: In Com2uS’s ‘Summoners War World Championship 2024’, Korean Bao claimed the world champion title after an intense competition.

 

IT/Tech

  • LG’s Digital Cockpit ‘Gamma’: LG Electronics unveiled the ‘Digital Cockpit Gamma’, showcasing mobility innovation and enhancing driver experience.
  • Nexon’s ‘The Kingdom of the Winds Classic’: Nexon’s beta for ‘The Kingdom of the Winds Classic’ has garnered a significant response from gamers.
  • AI-Based Medical Solutions: Under the Ministry of SMEs and Startups, Groovy X developed an AI-based integrated management solution for cosmetic surgery, targeting the medical tourism market.
  • AI Medical Analysis: Medical AI company Lunit announced AI-driven improvements for immune therapy in 10 rare cancer patients.
  • Chevrolet Winter Owner Care: Chevrolet launched the ‘2024 Winter Chevrolet Owner Care Service’ to enhance safety and convenience for car owners during the winter.

 

Real Estate/Construction

  • Apartment Price Gap: Nationwide, the price gap between apartments under five years old and those over five years old averaged 1.31 times, indicating a high demand for newer apartments.
  • Gangnam Building Sale: A 12 billion KRW building on a main street in Gangnam is up for sale, deemed suitable for hospitals and offices.
  • Surge in Commercial Real Estate Transactions: The volume of commercial and office building transactions in Seoul reached a two-year high in Q3, attributed to expectations of interest rate cuts and an increase in urgent sales.

 

Weather

  • November 11 Weather: While most of Korea will see clear skies, coastal areas in Gangwon and Gyeongsang are expected to have more clouds, with rain likely in the Yeongdong area of Gangwon.