Korea Daily News (August 2, 2024)

Sports

  • Comparison of Korean Archery and Soccer: The South Korean archery team is achieving remarkable success at the 2024 Paris Olympics, while Korean soccer faces setbacks due to an unclear and irrational system, leading to a shocking elimination.
  • Badminton Medal Secured: The duo of Kim Won-ho and Jung Na-eun secured a silver medal at the 2024 Paris Olympics, earning the nickname “Mother and Son Medalists.”
  • Table Tennis Star Shin Yu-bin: Shin Yu-bin has reached the semifinals in women’s singles at the 2024 Paris Olympics, with her eating videos becoming a sensation on online communities.

 

Economy

  • Real Estate Market Trends: In 2024, the commercial real estate market shows active transactions in offices and hotels, while logistics centers are expected to take longer to recover as they face price adjustments.
  • Rise in Korean Petroleum Stocks: Stocks of Korean Petroleum and Heungkuk Petroleum are rising amid Middle Eastern risks, defying the overall economic downturn.
  • Consumer Price Increase: Consumer prices in July rose by 2.6% compared to the previous year, influenced by the reduction in fuel tax cuts.

 

Society

  • Drunk Driving Crackdown: The Chungnam Police Agency conducted a drunk driving crackdown during the vacation season, apprehending 15 drunk drivers within two hours.
  • Youth Care Support: Ulsan City is launching a service to support youth and young adults who need to care for sick family members, providing them with an annual self-care allowance of 2 million won.
  • Electric Vehicle Fire Risk: Concerns are being raised about the risk of electric vehicle fires in apartment underground parking lots, which can lead to significant casualties and property damage.

 

Culture

  • Musical ‘Frankenstein’ Performance: The original musical ‘Frankenstein’ is receiving praise for its engaging storytelling over a runtime of 175 minutes, captivating audiences with its innovative approach.
  • Baek Yerin Band Concert: Baek Yerin’s band, The Volunteers, is hosting their 2024 Asia Tour with solo performances, drawing significant attention from fans.
  • Netflix ‘Squid Game’ Season 2 Release: The highly anticipated season 2 of Netflix’s hit series ‘Squid Game’ is set to premiere on December 26.

 

Technology

  • AI-Based Research Support: Starting next year, Korea will participate in a 142 trillion won research support program, with KIST Europe expected to act as a ‘bridge’ between Korea and Europe.
  • Blizzard Diablo 4 Update: Blizzard has shared detailed information about the new season of Diablo 4, titled ‘Season of the Malignant,’ announcing improvements based on player feedback.

 

Entertainment

  • Drama ‘Bad Memory Eraser’ Airing: MBN’s drama ‘Bad Memory Eraser’ has begun airing, exploring the story of a man who undergoes brain surgery to erase bad memories and a woman who is fabricated as his first love.
  • Kakao Friends Summer Event: To celebrate the summer vacation season, Kakao is hosting the ‘2024 Seoul Summer Beach’ event at Gwanghwamun Square, featuring a ‘Kakao Friends Island’ theme.