Korea Daily News (September 13, 2024)

Lee Jae-myung, leader of the Democratic Party of Korea, is pursuing meetings with centrist and conservative figures. On September 11, he met with a former member of the Saenuri Party’s emergency committee, seeking broader political cooperation.
Members of the National Assembly receiving 4.24 million KRW in holiday bonuses for Chuseok has sparked public outrage, especially as many ordinary workers reported receiving no bonuses.
A police officer was arrested for breaking into a nightclub, and his DNA matched evidence from an unsolved sexual assault case from 13 years ago, shocking the public.
A man was arrested in Gangnam for inhaling paint thinner, a hallucinogenic substance, in violation of chemical substance control laws.
The Maternity Protection Act has passed in the National Assembly, extending parental leave from one year to 18 months to promote gender equality and work-life balance.

Due to falling exchange rates and oil prices, South Korea’s export and import prices fell for the first time in three months in August, which is expected to positively affect the country’s export competitiveness.
Hana Securities positively evaluated Hyundai Motor’s collaboration with GM, raising its target stock price to 330,000 KRW, predicting mutual benefits.
SK Hynix is expected to face a blow to its Q3 earnings due to the increasing polarization in demand for DRAM, and its target stock price has been lowered from 280,000 KRW to 240,000 KRW.
The European Central Bank (ECB) lowered its base interest rate again, signaling a more aggressive stance toward stimulating economic growth.

Kia Motors is collaborating with 42dot and Geotab to develop a Purpose-Based Mobility (PBV) vehicle control system, aiming to enhance smart mobility and autonomous driving services in the future.
Mirabel Soft partnered with AI stethoscope developer SmartSound to accelerate digital transformation (DX) in the medical field, aiming to modernize healthcare technology.
Naver is working with Saudi Arabia to develop a large language model (LLM) based on the Arabic language, strengthening its competitive edge in the global AI market.

Actor Cha In-pyo’s novel “Someday, We’ll Look at the Same Star”, which deals with the issue of comfort women, topped the bestseller list and was selected as a required reading at Oxford University. The novel is expected to contribute to global awareness of Japan’s wartime atrocities.
Kim Jong-un, Chairman of North Korea, has ordered the reinforcement of facilities for producing weapons-grade nuclear materials, escalating nuclear threats against South Korea and the U.S. The move increases international tensions over North Korea’s nuclear ambitions.
Former Peruvian President Alberto Fujimori, who significantly contributed to Peru’s economic development but faced criticism for authoritarian rule and human rights violations, has passed away.

Nexon released a 1.1.2 hotfix for ‘First Descendant,’ addressing player feedback by improving content and raising expectations for the season 1 second update.
Smilegate is resolving an account issue for a 56-year-old female player in Lost Ark, and the company is reviewing the process for transferring account ownership to the next of kin after her passing.
Blizzard revealed information about the final boss, Queen Anshurek, in the first season of World of Warcraft: War Within, offering players new challenges with her multi-phase battle.
Netmarble added the new storyline “Episode 2.0: Demon King Baran” to Solo Leveling: ARISE, introducing new SSR-grade hunter characters ‘Harper’ and ‘Charlotte.’

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