Korea Daily News (December 11, 2024)

Politics

  • 12/3 Martial Law Incident: The People Power Party’s TF proposed a roadmap for President Yoon Suk-yeol’s early resignation in February–March next year, intensifying discussions on its implementation.
  • Kwon Seong-dong’s Remarks: Emphasized the need for unity within the People Power Party while dismissing internal factional conflicts.
  • Prime Minister’s Official Apology: Prime Minister Han Duck-soo publicly apologized regarding questions on the martial law incident.
  • KEF Activities in the U.S.: Major economic delegations engaged in networking and discussions on free trade in Washington, D.C.
  • Parliamentary Debate on Martial Law: National Assembly held emergency inquiries into the 12/3 incident.

 

Economy

  • LS Cable’s Global Project: Signed a contract with Singapore Power Grid for a 230kV high-voltage power network project.
  • Real Estate Market Slump: Major Korean construction firms accelerate workforce reductions and restructuring.
  • KOSPI Rises: Closed up 1.02% at 2,442.51 points despite sell-offs by individual and foreign investors.
  • KakaoBank Rental Management Service: Launched a new feature offering safety diagnostics for rental properties.
  • Increase in Refinancing Loan Balances: Credit card companies saw a year-on-year increase of 11% in refinancing loans.

 

International

  • Belarus Deploys Nuclear Weapons: Announced the return and deployment of nuclear arms from Russia.
  • U.S. Semiconductor Subsidy: Approved a $9 billion subsidy for Micron Technology.
  • China’s Economic Policy Direction: Discussed 2024 policies focusing on inevitable stimulus measures and consumption promotion.
  • Korean Air-Asiana Merger Completed: Created a top 10 global mega carrier after a four-year process.
  • Japanese Prince Hisahito: Second in line to the throne, Prince Hisahito, has been admitted to Tsukuba University.

 

Society

  • Debate on Developmental Disability Treatment Costs: Calls grow for expanding private insurance roles in supporting treatment.
  • Samsung Medical Center AI Service: Introduced a groundbreaking 24/7 medical record issuance system.
  • Samsung Electronics Union Joins Protest: Announced participation in a rally calling for the President’s resignation.
  • Nationwide Railway Strike Ends: Wage negotiations between Korail and the railway union have been settled.

 

Culture

  • 2024 Korea Content Awards: The Pinkfong Company’s “Bebefinn” won the grand prize in the character category.
  • Zelda: Tears of the Kingdom Demo Event: Pre-registration open for a hands-on preview of the new release.
  • Film “First Lady”: Attracting attention for its portrayal of First Lady Kim Keon-hee.
  • Nobel Prize in Literature: A portrait of Han Kang is on display at Kyobo Bookstore in Seoul.
  • EXID Hani’s Wedding Performance: Emotional performance at a wedding drew attention online.

 

Technology/IT

  • NCSOFT Expands Global Investments: Targets new IPs by investing in domestic and international game developers.
  • Nexon’s Macro User Crackdown: Reduced max users in “The Kingdom of the Winds Classic” channels by 50%.
  • KakaoGames Assistive Device Support: Shared achievements in enhancing gaming accessibility for people with disabilities.
  • Epic Games LEGO Fortnite Update: Renamed to “LEGO Fortnite Odyssey” with the “Storm Chasers” update.
  • Com2uS Updates “The Walking Dead: All-Stars”: Introduced new survivors with unique skills.

 

Real Estate/Construction

  • Fierce Competition for Seoul’s Hannam District 4: Major construction firms vie for redevelopment projects.
  • Efforts to Normalize PF Market: Shinhan Financial Group leads initiatives to stabilize project financing in real estate.
  • Housing Market Polarization: Gangnam’s 3 districts saw record-high subscription rates, while regional areas struggled with unsold properties.
  • Ace Bed’s Premium Store Renewal: Opened a large-scale experiential store in Bundang.
  • GTX-A Line Opening: Launches the Paju Unjeong Central to Seoul Station route.

 

Environment

  • Jeju Air Wins Green Management Award: Recognized for strengthening ESG practices with the Environment Minister’s Award.
  • Seoul Drone Competition: Selected ideas for streetlight cleaning and sinkhole inspections.
  • NHN’s Green Management: Received the Environment Minister’s Award for transparent environmental practices.
  • Samsung E&A Bio Refinery Project: Expanded into the sustainable aviation fuel market.
  • Promotion of Green Bonds: Awards ceremony for excellence in green finance initiatives.

 

Sports

  • Hyundai Ioniq 5N Award: Named “Performance Car of the Year” at China’s 2025 Car Awards.
  • Valencia Fashion Model Kim Ye-ji: Olympic silver medalist named a model for Balenciaga.
  • Battlegrounds Mobile Map Update: Plans to launch a new map, “Rondo,” in March.
  • MICE Industry Innovation: X4um earned a technology innovation certification.

 

Gaming

  • NCSOFT’s “Journey of Monarch” Success: Ranked in Google Play’s top 5 revenue earners within five days of launch.
  • “World of Tanks” New Mode: Introduced “Winter Melee” for the holiday season.
  • “Path of Exile 2” Difficulty Issues: New players struggle with challenging boss mechanics.
  • “Sword Master Story” Update: Fans celebrate free distribution of a new costume.
  • Final Fantasy XIV Collaboration: Partnered with GS25 for themed product offerings.