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Nine South Koreans Missing in Nepal Floods; Families Urge Swift Helicopter Rescue Nine South Koreans Missing in Nepal Floods; Families Urge Swift Helicopter Rescue

Nine South Koreans are missing following severe flooding in Nepal, and the government’s rapid response team is facing delays in reaching the site, raising concerns for the search efforts. Families of the missing individuals are urging the government to deploy helicopters quickly, stating that "today is the golden time" as 48 hours have passed since the incident.According to the Ministry of Foreign Affairs, the joint rapid response team that arrived in Kathmandu the previous night has been prepar

Korean ESG Institute Supports Candidate for Korea Zinc Board Amid Proxy Battle Korean ESG Institute Supports Candidate for Korea Zinc Board Amid Proxy Battle

As Korea Zinc prepares for its extraordinary shareholders' meeting, major proxy advisory firms are rallying behind Chairman Choi Yoon-bum. Following recommendations from ISS, Glass Lewis, and Sustainvest, the Korea ESG Institute has also advised support for Baek In-kyu, the candidate recommended by the Korea Zinc board, ahead of the upcoming vote on September 9.On August 28, the Korea ESG Institute released a report recommending approval of Baek's appointment while opposing the nomination of Par

Korea-China Association Declares New Initiatives Ahead of 35th Anniversary of Diplomatic Relations Korea-China Association Declares New Initiatives Ahead of 35th Anniversary of Diplomatic Relations

The Korea-China Association, led by President Park Seung-chan, held its '2026 Annual General Meeting' on August 26 at the Korea International Trade Association Trade Center in Seoul. The association announced plans to significantly enhance its role as a private diplomatic and economic cooperation channel in anticipation of the 35th anniversary of Korea-China diplomatic relations next year.During the meeting, chaired by Park Seung-chan, who is also the head of the International Exchange Education

Comedian Lee Sun-mins Views on Marriage Spark Controversy Comedian Lee Sun-min's Views on Marriage Spark Controversy

Comedian Lee Sun-min's comments about his ideal wife and views on marriage have sparked controversy in some online communities.On August 28, a women-dominated online community revisited Lee's remarks made during his appearance on the YouTube content 'Yeouido Working Mom Club.'During the show, Lee discussed his ideal woman, referencing his sisters. He stated, "Seeing my sisters who juggle parenting, factory work, and part-time jobs, I thought it would be great to have a woman like that. If parent

Lotte Group Donates 1 Billion Won for Flood Recovery in Gyeongsang Region Lotte Group Donates 1 Billion Won for Flood Recovery in Gyeongsang Region

Lotte Group has initiated efforts to support the rapid recovery and assistance for victims in the Gyeongsang region affected by heavy rainfall.On August 28, Lotte Group announced a donation of 1 billion won to aid areas impacted by the flooding, including Geoje and Tongyeong in South Gyeongsang Province, as well as Andong and Uiseong in North Gyeongsang Province.The donation will be delivered to the National Disaster Relief Association through the Community Chest of Korea. It will be used for re

Heavy Rain Expected Across Most of the Country Tomorrow Heavy Rain Expected Across Most of the Country Tomorrow

On Saturday, August 29, heavy rain is expected across most regions of the country.In the Seoul metropolitan area, the five western islands, and northern inland and mountainous regions of Gangwon, rainfall is forecasted to be between 20 to 60 mm. Central and southern inland and mountainous areas of Gangwon, as well as the eastern coast of Gangwon, are expected to receive 5 to 40 mm. The Chungcheong region, including Daejeon, Sejong, South Chungcheong, and North Chungcheong, is also predicted to s

Supreme Court Reviews Presidential Request for New Chief Justice Nominee Supreme Court Reviews Presidential Request for New Chief Justice Nominee

The Supreme Court has begun reviewing the presidential request for a new nominee for chief justice. A key issue is whether to reconstitute the Supreme Court Nomination Committee to restart the nomination process.According to legal sources on August 28, the Court Administration Office is examining responses to the request from the Blue House to nominate a different candidate instead of Son Bong-ki, a senior judge at the Daegu District Court.The Supreme Court is expected to consider whether it can

Changes to Real Estate Taxation: Which is Better, Sole or Joint Ownership? Changes to Real Estate Taxation: Which is Better, Sole or Joint Ownership?

Couples preparing for marriage or looking to upgrade to a more expensive home often face the decision of ownership type. Until now, joint ownership has been recognized as a primary tax-saving strategy. However, recent government proposals to reform real estate taxation have complicated the calculations regarding whether joint or sole ownership is more beneficial. According to industry sources on August 27, the government and ruling party are currently revising the real estate tax reform plan in

Automakers Seek Recovery Amid Declining Profitability After Strikes Automakers Seek Recovery Amid Declining Profitability After Strikes

Five major automakers in South Korea are set to conclude this year's wage and collective bargaining agreements (CBAs) by the end of August, following a vote on the Hyundai Motor and Kia agreement. This year's negotiations lasted a record 121 days, approximately 30 days longer than last year, with strike hours increasing to 86, nearly ten times the previous year's total of 8 hours. Unlike last year, this year's labor disputes emphasized job security over wage increases. With the strike risks now

Credit Union to Provide $8.5 Billion in Inclusive Finance Annually Credit Union to Provide $8.5 Billion in Inclusive Finance Annually

The Credit Union Central Association will provide $8.5 billion annually in inclusive finance targeted at low and middle-credit borrowers and low-income individuals. To alleviate the burden on local credit unions, a separate support fund of $38 million will also be established. On August 28, the Credit Union Central Association announced its plans to expand inclusive finance during a vision declaration ceremony and policy discussion held at the National Assembly Library. The association aims to