Korea Daily News (September 27, 2024)

Expansion of Public Direct Payment for Climate Change Response: The government is expanding the public direct payment budget to 3.4 trillion won to address agricultural price fluctuations due to climate change and the challenges faced by aging small-scale farmers.
Yoon Seok-yeol’s Investigation of Moon Jae-in Controversy: The Democratic Party of Korea has protested Yoon Seok-yeol’s prosecution’s investigation into former President Moon Jae-in, labeling it as political oppression.

Decrease in Busan Apartment Supply: The number of apartments scheduled for occupancy in Busan in 2025 is expected to drop below 10,000 units.
Competition for Top Market Cap on KOSDAQ: EcoPro BM and Alteogen are competing fiercely for the top spot in market capitalization on KOSDAQ.
Successful Discount Event by ABLY: ABLY, a style commerce platform, attracted a large number of visitors with its large-scale discount event.

Samsung Galaxy S24 FE Unveiled: Samsung Electronics has launched the Galaxy S24 FE, a budget smartphone equipped with AI features.
Expansion of Naver Papago Services: Naver has added new features to its Papago service, including image translation and support for various file formats.
SK Ecoplant Expands Battery Recycling Operations: SK Ecoplant has added a strategic base in Western Europe for battery recycling.

Israel-Hezbollah Conflict: Israel continues its airstrikes against Hezbollah in Lebanon, leading to a growing number of casualties.
Chinese Nuclear Submarine Sinks: Reports confirm the sinking of a Chinese nuclear submarine, with U.S. authorities also verifying the incident.

Ninja Turtles Theme in World of Warships: Wargaming has introduced a Ninja Turtles theme in their MMO game, World of Warships, featuring themed items and characters.
Diablo IV’s First Expansion Pack to be Released: Blizzard will release the first expansion pack for Diablo IV, “Vessel of Hatred,” on October 8.
Nexon Updates The First Descendant: Nexon has released a major update for The First Descendant, adding new content in the second large-scale update.

Shohei Ohtani Achieves MLB 50-Home Run, 50-Stolen Base Record: Shohei Ohtani has made history in Major League Baseball by achieving the rare 50-home run, 50-stolen base milestone.
LCK Teams Aim for World Championship Victory: The coaches and key players from Hanwha Life Esports, Gen.G, Dplus KIA, and T1 shared their determination to win the 2024 League of Legends World Championship.

Auction Record for Korean Abstract Artist Kim Whanki: Kim Whanki’s Blue Dot painting has sold for nearly 10 billion KRW at auction.
Sangju World Hat Festival to Open: The only hat-themed festival in Korea, the Sangju World Hat Festival, is set to open in Gyeongsangbuk-do.

4.7% of Juvenile Offenders Sent to Youth Detention Centers: Only 4.7% of juvenile offenders convicted of sexual crimes last year were sent to youth detention centers.
Korea’s Tax Office Refunds Over 8 Trillion KRW in Overpaid Taxes: The National Tax Service refunded more than 8 trillion KRW in overpaid taxes last year.

Ulsan Free Economic Zone Expanded: Ulsan’s Free Economic Zone has expanded to 6.28 square kilometers, with hydrogen and secondary battery companies expected to move in.

SK Ecoplant Expands Battery Recycling Hub: SK Ecoplant has secured a new strategic base in Western Europe for battery recycling, strengthening its global market competitiveness.
Strong Start for Hanwha Aerospace Spin-Off Company: Hanwha Industrial Solutions, a spin-off from Hanwha Aerospace, saw its stock price rise by 16% on its first day of trading.

MK Biz Launches Job Training Program for Travel & Leisure: MK Biz is organizing a job training program for job seekers in the travel, leisure, hotel, and airline industries.

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