Economy and Industry
- Colosseum Corporation: Hosting a free webinar on July 4th to share global logistics and sales boosting know-how.
- HiteJinro: Establishing its first overseas factory in Vietnam, aiming for completion in 2026 with an initial production target of 1 million boxes.
- LG Electronics: Despite a decline in electric vehicle demand, its automotive parts business is on track with strong demand for high-value components.
- S-Oil and JYP Ent.: NH Investment & Securities has lowered their target prices to 87,000 KRW and 86,000 KRW, respectively.
- Hyundai Motor Group: Confirmed the use of LG motors in its electric vehicles.
- Doctors’ Salaries at Medical Institutions: The highest average salary for doctors is 400 million KRW at a special-purpose public hospital in Yeongnam.
- IMD World Competitiveness Ranking: South Korea has risen from 28th to 20th place.
Incidents and Accidents
- Missing Person Case in Gangneung: A man in his 50s was found dead after disappearing during a bicycle trip.
- An Seung-ho, Former Samsung Executive, Indicted: Indicted for violating the Unfair Competition Prevention Act after filing a patent infringement lawsuit using illegally obtained confidential information.
Society and Culture
- Addressing Low Birth Rates: Interview with Daegu Dalseo District Mayor, promoting the slogan ‘Marriage-Friendly City’.
- Increase in Chickenpox Cases: A surge in suspected chickenpox cases among children and adolescents, with vaccine efficacy between 70-90%.
- Seoul Apartment Prices Rise: The average transaction price has surpassed 1.15 billion KRW.
Politics and International
- Kim Jong-un and Putin Summit: Russian President Vladimir Putin visits North Korea, showcasing his friendship with Kim Jong-un.
- VUNO’s Capital Increase in US Subsidiary: Announced a 3 billion KRW rights issue.
- Putin’s Delayed North Korea Visit: The itinerary was delayed in Yakutsk, reducing his stay in North Korea.
- Comfort Woman Statue Removal: The statue in Berlin faces removal.
- French Woman’s Lawsuit: Sued the company for paying her salary for 20 years without any work.
- Japanese Stock Market Decline: Losing momentum due to economic contraction and financial policy uncertainties.
Health and Environment
- Medical AI: VUNO, an AI-based brain quantification medical device, is nearing its launch.
- Monsoon Forecast: Heavy rain expected to hit Jeju Island on the night of the 19th, with up to 200mm of rain anticipated and continued tropical nights.
Entertainment
- Connection Review: Actor Ji Sung receives praise for his immersive portrayal of a drug addict.
- Justin Timberlake Arrested: Arrested for DUI in New York.
Finance
- Nvidia Market Cap Leader: Surpasses Microsoft to become the company with the highest market capitalization on the New York Stock Exchange.
- Online Loan Switching Service: Over 210,000 users have benefited, saving an average of 2.73 million KRW annually on mortgage interest.