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Nepal Search Team Reports No Progress in Finding Missing South Koreans Nepal Search Team Reports No Progress in Finding Missing South Koreans

A government joint rapid response team dispatched to find nine South Koreans missing due to severe flooding in Nepal conducted a search with the Nepalese military on September 1 but has yet to find any significant traces of the individuals.According to Yonhap News, a representative from the rapid response team spoke with reporters at a hotel in Kathmandu, stating, "Today, we focused our search in the Dunche area, about 2 kilometers from the Weir Dam where one of the missing individuals worked, b

Relocation of Financial Institutions: More Than Just a Change of Address Relocation of Financial Institutions: More Than Just a Change of Address

One of the most sensitive topics in the financial sector today is 'regional relocation.' As the government accelerates the second phase of public institution relocations, the possibility of moving national banks such as the Industrial Bank of Korea, the Korea Development Bank, and the Export-Import Bank, as well as the Financial Supervisory Service and the Korea Deposit Insurance Corporation, is being discussed. The financial labor union has announced a general strike on the 4th, making the prev

Investing Surplus Tax Revenue in Future Talent Investing Surplus Tax Revenue in Future Talent

The semiconductor industry is once again providing a boost to the national economy, with significant increases expected in corporate tax revenue. This is welcome news; however, from a fiscal research perspective, the immediate question is how to allocate these funds. If the increased revenue is spent entirely in the current fiscal year, a downturn in tax revenue could lead to renewed burdens of issuing government bonds and restructuring expenditures.The government aims to save surplus tax revenu

Reassessing China-South Korea Cooperation Amid Cross-Border Risks Reassessing China-South Korea Cooperation Amid Cross-Border Risks

On August 26, a massive flood and debris flow struck the border area between Nepal and China's Tibet Autonomous Region. The disaster, triggered by glacier and rock collapses in Nepal's Rasuwa region, extended its impact across the border to China's Jilong, leaving nine South Koreans involved in local hydropower projects unreachable. In the same area, a rapid drainage of a glacial lake had previously caused the collapse of the Friendship Bridge connecting China and Nepal in July 2025. Following t

Exploring Seoul: A Day from Gyeongbokgung to Euljiro Exploring Seoul: A Day from Gyeongbokgung to Euljiro

For foreign travelers preparing for a trip to Seoul, deciding where to take photos is a crucial part of planning. Wearing traditional hanbok while walking through palaces and capturing images against neon signs in old alleys has become a popular trend. Some even hire professional photographers to ensure they leave with memorable pictures.Equally important as where to take photos is when to take them. The scenery of Seoul changes dramatically from morning to noon, sunset, and night. In the mornin

Aftermarket to Exclude ETF and ETN Trading Aftermarket to Exclude ETF and ETN Trading

14일 문 여는 애프터마켓…거래소, ETF·ETN 거래대상서 제외한국거래소가 이달 14일부터 운영하는 애프터마켓에서 상장지수펀드(ETF)와 상장지수증권(ETN)을 거래 대상에서 제외한다. 1일 증권업계와 연합뉴스에 따르면 한국거래소는 최근 유가증권시장·코스닥시장 업무규정 시행세칙 일부개정세칙 개정을 예고하고 이 같은 방침을 밝혔다. 이에 따라 오후 4시부터 8시까지 운영되는 거래소 애프터마켓에서는 ETF와 ETN을 거래할 수 없게 된다. 기존 거래 제외 대상인 당일 정규시장 미거래 종목과 투자경고·

China, Russia, and Mongolia Conduct Joint Military Exercises at Border for Second Year China, Russia, and Mongolia Conduct Joint Military Exercises at Border for Second Year

China, Russia, and Mongolia will conduct joint military exercises in their border regions for the second consecutive year. According to the Chinese Ministry of Defense and Yonhap News Agency, the three countries' border defense units are set to hold the 'Border Defense Cooperation-2026' joint exercise in early September. The focus of this exercise is to prevent and respond to reconnaissance and sabotage activities that may occur in border areas. The three nations' forces will jointly plan operat

Kim Min-seok Dismisses Kang Min-goo to Prevent Factional Conflicts Kim Min-seok Dismisses Kang Min-goo to Prevent Factional Conflicts

The Democratic Party of Korea dismissed Kang Min-goo, deputy director of the Ethics Inspection Team, on September 1. This decision came shortly after an internal message from Kang was captured by media, in which he mentioned the possibility of interference in the Ethics Inspection Team's appointments by supporters of former leader Jeong Cheong-rae, stating, "It seems we need to take control quickly."The party announced through a media release that "Representative Kim Min-seok has ordered the imm

South Korea Sends Emergency Relief Team to Nepal Following Floods South Korea Sends Emergency Relief Team to Nepal Following Floods

The South Korean government is dispatching an overseas emergency relief team (KDRT) to Nepal, which has been affected by severe flooding. The KDRT is a team composed of personnel from government agencies and related organizations, deployed to assist countries in need during large-scale disasters through disaster relief, rescue operations, and medical aid.The Ministry of Foreign Affairs announced this decision on September 1 after a meeting of the public-private joint overseas emergency relief co

Nepal Deploys Joint Aerial Search Team Amid Major Floods Nepal Deploys Joint Aerial Search Team Amid Major Floods

The government’s joint rapid response team dispatched to flood-stricken Nepal will conduct a joint aerial search with the Nepal Army on September 1. The Foreign Ministry announced that it is sending a 44-member Overseas Emergency Relief Team (KDRT) as well.A ministry official told reporters, "We are also considering the use of drones. The Fire Agency is reviewing the possibility of conducting aerial searches in collaboration with the Nepal Army."The official added, "Through discussions with the