Korea Daily News (November 13, 2024)

Politics

  • Ruling Party Resolves Special Audit Conflict: The ruling party attempts to resolve conflicts within the leadership over the special audit issue.
  • Proposal for Temporary Government Efficiency Division: The Yoon administration proposes establishing a temporary “Government Efficiency Division.”
  • Musk May Participate in Diplomatic Affairs: Elon Musk, a close ally of Trump, mentioned the possibility of participating in diplomatic affairs.

 

Society

  • Seoul Metro Drivers Caught Drinking: 33 Seoul Metro drivers were caught for drinking, but only 3 faced disciplinary action.
  • Jinju Apartment Residents Concerned: Cracks and ground subsidence in an apartment complex in Jinju, South Gyeongsang, have heightened residents’ concerns.

 

Economy

  • Dongmun Construction Conducting Paju Subscription: Dongmun Construction opens the subscription for the third phase of Dongmun The East Central near Paju Munsan Station.
  • NH Bank Savings Flood: Due to the influence of actor Byun Woo-seok, NH Bank’s “Ddeundun Rice Savings” attracted 1.8 trillion KRW.
  • Decline in Domestic Company Sales: Domestic companies recorded their first sales decline since COVID-19, and financially vulnerable firms are on the rise.
  • K-Bank Records Highest Profit: K-Bank reported the highest cumulative profit in its history in Q3.
  • Construction Firms Focus on End-of-Year Orders: Construction firms are working hard to secure orders before the year’s end.

 

Industry

  • Femto Biomed Research Collaboration: Femto Biomed signed an MOU for research collaboration with Johns Hopkins University.
  • NVIDIA to Build AI Supercomputer: NVIDIA partners with SoftBank to build an AI supercomputer.
  • POSCO International Creates Dust-Reduction Urban Forest: POSCO International plants a dust-reduction forest at Wonchang Park in Incheon.
  • LG Electronics Chemical Accident Response Training: LG Electronics, in partnership with the Ministry of Environment, provides VR-based chemical accident response safety training.
  • Volkswagen-Rivian Joint Venture: Volkswagen establishes a joint venture with electric car company Rivian.

 

Technology/IT

  • Smilegate Publishing Contract: Smilegate signed a publishing contract for ‘V.E.D.A.’
  • Seoul Bus Stops Become PokéStops: Seoul bus stops are set to become PokéStops.
  • Dragonfly Unveils New Game: Dragonfly unveiled ‘Special Force Remastered’ at G-Star.
  • Kakao Releases New Character: Kakao introduces a new character called ‘Golgolz.’

 

Finance

  • Decline in Domestic Company Sales: Domestic companies recorded their first sales decline since COVID-19, with an increase in financially vulnerable firms.
  • K-Bank Reports Record Profit: K-Bank reported the highest cumulative profit in its history in Q3.
  • NH Bank Savings Flood: Due to the influence of actor Byun Woo-seok, NH Bank’s “Ddeundun Rice Savings” attracted 1.8 trillion KRW.
  • Coin Exchange Lowers Interest Rate: Under pressure from authorities, coin exchanges lowered deposit usage interest rates.

 

Real Estate

  • Dongmun Construction Conducting Paju Subscription: Dongmun Construction opens the subscription for the third phase of Dongmun The East Central near Paju Munsan Station.
  • Jinju Apartment Residents Concerned: Cracks and ground subsidence in an apartment complex in Jinju, South Gyeongsang, have heightened residents’ concerns.
  • Urban Regeneration 1st Redevelopment: The first urban regeneration project in Changsin-Sungin-dong by former Mayor Park Won-soon will be redeveloped with Mayor Oh Se-hoon’s “Shintong Plan,” adding 6,400 households.

 

Environment

  • Creating a Dust-Reduction Forest: POSCO International plants a dust-reduction forest to reduce fine dust levels.
  • Reducing Carbon in Aviation Industry: The aviation industry aims to reduce carbon emissions using biofuel made from trees and plants.

 

Health/Medical

  • Antibiotic Resistance Center Opens: Hallym University Sacred Heart Hospital opens the International Antibiotic Resistance Center.
  • Increase in Diabetics in Their 30s: The number of diabetics in their 30s is increasing, with 3 million at risk due to high fasting blood sugar levels.
  • Expanded Support for Infertility Treatment: Support for secondary infertility treatment expands, providing 25 sessions per birth.

 

Culture

  • Archery Coach-Player Receive National Honor: An archery coach and player were awarded the Order of Sports Merit Cheongnyong together.
  • Han Seok-kyu Returns to MBC: Han Seok-kyu returns to MBC after 30 years.
  • Oversized Fashion Trend: Oversized clothing has become a major winter fashion trend.

 

International

  • Bitcoin Price Surges: Bitcoin surpasses $90,000, causing a surge in related stocks.
  • Musk to Join Government Efficiency Team: Elon Musk is expected to lead the Government Efficiency Division and advise the president.
  • Trump Influence Expanding: Donald Trump’s influence continues to expand, possibly involving diplomatic affairs.

 

Sports

  • Archery Coach-Player Receive National Honor: An archery coach and player were awarded the Order of Sports Merit Cheongnyong together.
  • Faker to Speak at Global Esports Forum: Faker will be a speaker at the Global Esports Forum.

 

Legal

  • Human Rights Issues in Suspect Investigation: Concerns over human rights violations have been raised regarding investigations conducted by a single police officer.

 

Transportation

  • Seoul Metro Drivers Caught Drinking: 33 Seoul Metro drivers were caught for drinking, but only 3 faced disciplinary action.
  • Electric Car Market Growth: Volkswagen establishes a joint venture with Rivian, signaling electric vehicle market expansion.

 

Gaming

  • Smilegate Publishing Contract: Smilegate signed a publishing contract for ‘V.E.D.A.’
  • Dragonfly Unveils New Game: Dragonfly unveiled ‘Special Force Remastered’ at G-Star.
  • Kakao Releases New Character: Kakao introduces a new character called ‘Golgolz.’