Korea Daily News (September 23, 2024)

Choo Kyung-ho’s Criticism: Choo Kyung-ho, the floor leader of the People Power Party, criticized the Democratic Party’s push for legislation to reduce the prosecution’s power, calling it “revenge against prosecutors” in response to Lee Jae-myung’s two-year sentence.
North Korea’s Trash Balloons: North Korea continues sending trash-filled balloons to the South, and the South Korean military maintains a “collect after fall” policy, while warning of potential military action.
President Yoon’s Approval Rating Rebound: President Yoon Seok-yeol’s approval rating rose slightly, recovering to 30% after four weeks.
Low Enrollment in Medical Schools: The average enrollment rate in 40 medical schools across Korea has dropped below 4%, raising concerns over large-scale failures and expulsions.
Increase in Foreign Doctors: The number of foreign doctors practicing in Korea continues to rise, highlighting the growing role of foreign medical professionals in the Korean healthcare system.

Korea Electric Power Corp. (KEPCO) Price Freeze Impact: KEPCO saw a sharp 7% drop in early trading after the announcement that electricity rates will be frozen in the fourth quarter.
Interest Rate Hikes and Margin Criticism: Following the U.S. Federal Reserve’s interest rate hikes, banks are being criticized for maintaining high loan rates while offering low interest rates on deposits.
High Demand for Small Apartment Units: The increase in dual-income, childless couples (DINKs) has led to fierce competition for small apartment units (60㎡ or smaller).
Popularity of Yuhan Corporation Stock: Yuhan Corporation’s stock is soaring, with top investors making significant net purchases due to ongoing favorable developments.

Samsung Securities’ Popular Stock Accumulation Service: Samsung Securities’ automatic stock and ETF accumulation service is gaining significant popularity.
Hyper Corporation Acquires TikTok Live Partner: Hyper Corporation has acquired the only domestic mobile coupon supplier for TikTok Live.
Naver Cloud Launches AI Health Checkup Service: Naver Cloud, in collaboration with KMI, has launched an AI-based health checkup analysis service called “AskMe.”
Global Foundries TSMC and Samsung Cooperation: TSMC and Samsung are planning to build a large semiconductor factory in the UAE.
Samsung Electro-Mechanics Develops Small Solid-State Battery: Samsung Electro-Mechanics has developed a world-leading small solid-state battery to be used in wearable devices.

Joe Biden Criticizes China: U.S. President Joe Biden’s remarks criticizing China’s aggressive actions were unintentionally broadcast during a private meeting.
Falling Popularity of Shine Muscat in China: The popularity of Korean-grown Shine Muscat grapes is declining in China due to increased local production.

Iron Device’s IPO Surge: System-on-chip (SoC) specialist Iron Device saw its stock surge 110% on the first day of its KOSDAQ IPO.
Battlegrounds Mobile New Theme Mode: Krafton launched a new theme mode for Battlegrounds Mobile, featuring a war between vampires and werewolves called “Blood War.”
League of Legends Illegal Gambling Crackdown: Riot Games announced a stronger crackdown on illegal gambling in League of Legends’ top-tier matches.
New Character in ‘Goddess of Victory: NIKKE’: A new character, Ruuju, has been added, bringing new skills and buffs that change gameplay dynamics.

IU’s Successful Stadium Concert: IU became the first Korean female solo artist to hold a solo concert at Korea’s largest stadium, drawing 100,000 fans.
Actress Kim Ji-ho Opens Up About “Perfect Couple” Image: Actress Kim Ji-ho expressed how the image of being part of a “perfect couple” has been a burden.
Starbucks 25th Anniversary Renewal: Starbucks Korea announced the renewal of its first store at Ewha Womans University to celebrate its 25th anniversary.
Pop Star Olivia Rodrigo’s First Concert in Korea: Olivia Rodrigo held her first solo concert in Seoul, captivating the audience with a range of performances.

Lee Yong-dae Shares Post-Divorce Feelings: Badminton gold medalist Lee Yong-dae shared his thoughts on his divorce, six years after it happened, during a conversation with his juniors on a broadcast.
Shohei Ohtani’s Historic 50-Home Run, 50-Stolen Base Season: Shohei Ohtani became the first player in 120 years of Major League Baseball to achieve 50 home runs and 50 stolen bases in a single season.

Shinyoung Securities Participates in “Bye Bye Plastic” Challenge: Shinyoung Securities CEO Hwang Sung-yeop participated in the Ministry of Environment’s “Bye Bye Plastic Challenge.”
Seoul Begins Collecting Ginkgo Tree Fruits: The Seoul government has started collecting ginkgo tree fruits to address the odor and inconvenience caused by fallen fruits in the autumn season.

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