Korea daily news(June 7th 2024)

Economy and Finance

  • Samyang Foods: Stock price hits a 52-week high, trading at 613,000 KRW.
  • Korean Air and airline stocks: Stock prices fall due to poor performance.
  • Korea Investment & Securities: MSCI evaluation results indicate a low possibility of South Korea’s stock market being classified as developed.
  • Kiwoom Securities: Raises Pearl Abyss target price, expecting strong performance of ‘Black Desert Online’ in China.
  • DB Financial Investment: Projects Cheil Worldwide to defend its earnings, maintains a buy rating.
  • Korea Automobile Journalists Association: Selects ‘Kia The New EV6’ as Car of the Month.
  • Woongjin Thinkbig: Strengthens communication with elementary school teachers to introduce AI digital textbooks.
  • Lock & Lock: Donates products to promote resource recycling and create jobs for people with disabilities.

Business and Industry

  • Samsung Electronics Union: First strike, expects impact through collective leave.
  • IT professionals: Samsung Electronics recognized as a leading company in AI transformation.
  • Lock & Lock: Donates products to Milal Welfare Foundation to promote resource recycling and create jobs for people with disabilities.
  • Study Max: Changes its name to ‘Weavers Brain’, announcing a vision to become a global AI education company.
  • Shinil Electronics: Holds a bazaar with Dongbang Social Welfare Society to support youth preparing for independence.
  • Chungho Nice: Increases sales of ‘Esprecafe’ coffee machine with ice water purifier.
  • Audi Korea: Launches free inspection service ‘2024 Audi Summer Campaign’ for all models.

Society and Culture

  • Seoul National University Hospital Professors: Announce full-scale strike starting on the 17th.
  • Jeonbuk Elementary School Violence Controversy: Parents claim bias and discrimination by the school.
  • Gangnam-gu Urban Control Center: First in the nation, achieves significant results in crime detection.
  • Sim Soo-bong: Reveals a story related to the 10.26 incident being banned from broadcasting.

Real Estate

  • Seonjeongneung Transfer Station Site: Sale price set at 52 billion KRW.
  • Hyun Bin and Son Ye-jin’s penthouse: Listed for sale in Guri Archiwool Village.
  • Seoul Seongbuk-gu Jangwi New Town: Sets pricing for ‘Prugio Radius’.
  • Newly built apartments within 10 years: Increasing popularity, high price growth rate.

Politics and International

  • President Yoon Suk-yeol: Criticizes North Korea’s feces balloon attack as a “despicable provocation.”
  • Rep. Kim Young-jin of the Democratic Party: Opposes easing provisions on party leadership re-election and separation of party and presidential powers.

Science and Technology

  • SK Group: Meets with the chairman of a Taiwanese semiconductor foundry to lay the groundwork for the AI era.
  • Woongjin Thinkbig: Launches official page to introduce AI digital textbooks.

Environment and Transportation

  • Incheon Vehicle Accident: Mercedes vehicle falls into the sea after a collision.
  • Korea Exchange: Open interest in futures surpasses 10 million, with trading volume increasing.


  • ECB Interest Rate: Market disappointment as signals for further cuts are withheld, major indices fall.
  • Australian Snowboard National Team Member: Daughter born posthumously after drowning incident through sperm retrieval.
  • Intermittent Fasting Advocate Michael Mosley: Missing while on vacation in Greece.
  • 102-year-old veteran: Dies during the 80th anniversary of the Normandy landings.
  • President Joe Biden: Condemns ICC’s arrest warrant application for Israeli leaders.
  • Donald Trump: Poll numbers change following a guilty verdict in the hush money case.
  • Global Companies: Enthusiasm for developing AI-equipped humanoid robots.
  • Indian General Election Results: Prime Minister Narendra Modi’s ruling coalition wins a majority.