Korea Daily News (October 23, 2024)

Politics SPC’s CEO Huh Jin-soo attends dinner hosted by French President: Huh Jin-soo, CEO of SPC, was invited to a dinner hosted by French President Emmanuel Macron. Kimchi ingredient supply stabilization talks: Key officials, including People’s Power Party leader Han Dong-hoon and floor leader Chu Kyung-ho, attended a meeting to discuss stabilizing kimchi ingredient supply. […]

Korea Daily News (October 22, 2024)

Economy Seoul Guarantee Insurance IPO Retry: Seoul Guarantee Insurance has passed its preliminary IPO screening after a year and is preparing for its re-listing attempt. Lotte Construction ESG Activity Report Released: Lotte Construction has published a report detailing its performance in sustainable management and ESG (Environmental, Social, Governance) practices. Keyang Electric Share Price Surge: Keyang […]

Korea Daily News (October 21, 2024)

Society Aging rural areas issue: 71.1% of rice farmers are aged 65 and older, highlighting the severe aging problem in rural areas, coupled with a continued decline in rice consumption. Foreign pension recipients: The number of foreign pension recipients surpassed 10,000 for the first time, with more than half being Chinese nationals. Job provision for […]

Korea Daily News (October 18, 2024)

Society Car Pedal Misoperation Accidents: More than 2,000 accidents annually are caused by mismanaging the brake and accelerator pedals, rather than sudden unintended acceleration. Yongsan Police Corruption Case: A police officer from the Yongsan Police Station in Seoul was arrested for embezzling seized goods, with ongoing concerns about corruption within the police force. Special Forces […]

Korea Daily News (October 16, 2024)

Economy ASML stock plunges after earnings report: ASML’s stock dropped by 16% after their earnings report, with Intel and other semiconductor companies expected to strengthen their collaboration in response. Hybe issues 400 billion won convertible bonds: Hybe has issued 400 billion won worth of convertible bonds, with Mirae Asset Securities selected as the lead underwriter. […]

Korea Daily News (October 15, 2024)

Real Estate • Seoul officetel sales price rise: As Seoul apartment prices have risen for 29 consecutive weeks, the price of officetels, seen as a substitute, has also turned upward. • Seoul private apartment pre-sale prices rise: The private apartment pre-sale price in Seoul has set a new record high after a one-month increase. • […]

Korea Daily News (October 14, 2024)

Politics Kim Dae-gi, New Ambassador to China: President Yoon Suk-yeol appointed former Chief of Staff Kim Dae-gi as the new Ambassador to China. The nomination is awaiting agrément approval before the official appointment. Democratic Party’s Security Committee: The Democratic Party has established a National Security Inspection Committee, planning to request restraint in provocative remarks regarding […]

Korea Daily News (October 11, 2024)

Literature/Culture Han Kang Wins Nobel Prize in Literature: Korean author Han Kang has won the Nobel Prize in Literature, becoming the first Korean and the first Asian woman to receive the honor. Her works are known for their powerful poetic prose, highlighting the fragility of human life. Concerns Over Donations to Leeum Museum: There are […]

Korea Daily News (October 10, 2024)

Economy Seoul Apartment Purchases: People in their 40s are aggressively buying apartments in Seoul, with Gangnam and Songpa districts seeing the most active purchases. Semiconductor Specialization Complex Strengthening: The government will invest 150 billion KRW by 2028 to establish a semiconductor materials and parts testing center in Gumi, North Gyeongsang Province, to enhance competitiveness. T’way […]

Korea Daily News (October 8, 2024)

Politics Kim Keon-hee Dior Bag Controversy: A controversy arose as First Lady Kim Keon-hee appeared with a Dior bag during a parliamentary audit, intensifying the conflict between the ruling and opposition parties. Some Democratic Party lawmakers strongly questioned her, but the session ended in disorder without further questioning. Han Dong-hoon Statement: Jang Dong-hyuk, a senior […]