Korea daily news(June 17th 2024)


  • Eugene Investment & Securities: Lowered the target stock price for Ecopro BM from 200,000 KRW to 150,000 KRW.
  • Samsung Electronics: Fell out of the top 20 in Forbes’ global publicly listed companies ranking.
  • LINE Pay: Announced the discontinuation of LINE Pay and Biz Plus, exclusion of HyperCLOVA X, and is expected to make a statement at SoftBank’s general meeting.
  • Rising Loan Interest Rates and Delinquency Rates: Over 2,500 lending companies have closed in the past year due to reduced business operations.


  • Seoul National University Hospital Strike: Twenty departments, including internal medicine, are on an indefinite strike, with a general strike looming. Samsung Seoul Hospital is also discussing an indefinite strike.
  • Aging Population in Seoul: Expected to enter a super-aged society in two years, plans to actively introduce foreign caregivers.
  • ‘Gosan Inmuldo’ Theft Incident: Shin Yun-bok’s ‘Gosan Inmuldo’, which returned from Japan after 197 years, is now missing.
  • Crime: A man was arrested for threatening and confining a female driver, then withdrawing cash using her credit card.
  • Art Teacher Sexual Assault Case: A teacher was involved in the sexual assault of an 18-year-old girl, with secondary harm occurring during the trial.
  • Stranger Informal Speech Incident: A man in his 40s was arrested for attempting to stab another person after being spoken to informally by a stranger.


  • Paris Olympics: Just over 40 days away, the Paris Olympics are anticipated to bring both excitement and awkwardness as they are held three years after the last event.

Domestic and International Politics

  • Cho Kuk of the Innovation Party: Criticized President Yoon Suk-yeol’s plans for oil and gas exploration in the East Sea.
  • Larry Hogan: Announced his Senate run and his opposition to Trump.


  • Park Jin-young Performance: Bang Si-hyuk, chairman of HYBE, made a surprise appearance.
  • EXO’s Suho: Cast as the lead in MBN’s ‘The Crown Prince Has Disappeared’, playing the righteous and kind Crown Prince Lee Gun.


  • Weather: Generally clear and hot across the country, with daytime highs ranging from 26 to 33 degrees Celsius.
  • Gadeokdo New Airport: One year left until construction, but relocation measures are delayed.
  • Real Estate Market: Apartment prices are rising in Gimcheon and Yeongcheon, Gyeongbuk, exacerbating polarization between the metropolitan area and the provinces.