Police Reverse Stance on Cause of Death in Jeju Missing Person Case
Controversy continues over the cause of death of Jang Mi-ran, who was found dead 104 days after a false conclusion was made regarding her missing person report in Jeju. The National Forensic Service stated that due to severe decomposition and partial skeletonization of the body, it is difficult to clearly determine whether trauma or asphyxiation occurred. However, police have assessed the circumstances so far and consider the possibility of death by hanging to be more likely, viewing the potenti
KB Financial Group Supports K-Startups' Expansion in Singapore
KB Financial Group has hosted a Global Demo Day in Singapore to support domestic startups' entry into the Southeast Asian market. On August 26-27, KB Financial, in collaboration with the Korea Small Business and Startup Agency's K-Startup Center in Singapore, conducted a program aimed at assisting local startups in expanding their business. The event was announced on August 28. Twelve startups participated in the event, including seven selected for the 'KB Starters' program in May. This year'
U.S. and China Discuss Inclusion of Chinese Business Leaders During Xi's Visit
U.S. and Chinese officials are reportedly discussing the inclusion of Chinese business leaders in President Xi Jinping's upcoming visit to the United States next month.The South China Morning Post reported on August 28, citing sources familiar with the negotiations, that U.S. and Chinese authorities are considering including Chinese business leaders in Xi's delegation during his visit.Xi is expected to meet with U.S. President Donald Trump in Washington on September 24. During Trump's visit to C
Korea Southern Power Introduces AI Safety Management for 2.5GW Coal Replacement Plant
Korea Southern Power will implement an AI-based smart safety management system at its 2.5GW coal replacement combined power plant construction site. The system aims to predict risks in advance using AI video analysis and drone monitoring to prevent industrial accidents.On August 27, Korea Southern Power held an 'AI-based Smart Construction Safety Workshop' at its headquarters in Busan to discuss the prevention of industrial accidents and the establishment of a smart safety management system for
Seoul's Local Authority Shift Raises Concerns Over Urban Planning
The government and ruling party are pushing to transfer the authority for designating redevelopment and reconstruction zones for projects with fewer than 500 units from the Seoul city government to local districts. The rationale is to expedite housing supply by reducing the procedures that involve the city. While this sounds reasonable, administrative actions should be evaluated based on outcomes rather than just intentions. Simply decentralizing authority does not automatically equate to reform
KOSPI Falls Over 1% Amid Foreign Selling; Samsung, SK Hynix Weaken
The KOSPI index has dropped over 1% due to significant foreign net selling. As major semiconductor stocks weaken, funds are shifting towards themes like oil, cosmetics, and artificial intelligence (AI).As of 12:40 p.m. on August 28, the KOSPI was trading at 6,822.63, down 89.74 points (1.30%) from the previous trading day. The index opened at 6,846.54, down 65.83 points (0.95%). After initially reducing its losses and briefly rising to 6,901.78, the index reversed course and fell back into a dec
People Power Party Concludes Retreat, Vows to Unite Against Lee Administration
국민의힘은 28일 집권 2년 차에 접어든 이재명 정부의 폭정을 지적하며 이 대통령의 재판 취소와 법치 파괴를 반드시 막아내겠다고 밝혔다. 아울러 이재명 정권에 맞서기 위한 '원팀'을 강조하면서 1박 2일 간 연찬회를 마무리했다.장동혁 대표는 이날 경기 고양시에서 열린 국회의원 연찬회 폐회식에서 "정당은 국민들로부터 신뢰를 얻어야 하고, 신뢰를 얻는 방법은 진정성이다. 국민의 삶을 더 잘 챙기는 정당을 만드는 것이 개혁과 혁신"이라며 "이제 남은 것은 각자의 역량을 최대한 모아서 오늘 국민께 드린 약속을 지키고 그것을
Hanssem Supports Space Improvement for Lifelong Learners at Mugunghwa School
Hanssem announced that it has improved the educational space at Mugunghwa School, a facility for lifelong learners located in Iksan, North Jeolla Province, and held a completion ceremony on August 24.Founded in 1975, Mugunghwa School serves as an educational institution for seniors who missed learning opportunities due to economic and social difficulties. Currently, over 60 lifelong learners are pursuing their education, supported by about 20 teachers who offer basic Korean language education, l
Ruling Party Calls for Withdrawal of Supreme Court Chief Justice's Nomination
Seo Young-kyo, chair of the National Assembly's Judiciary Committee, and Kim Seung-won, the ruling party's committee secretary, stated on the 28th that Supreme Court Chief Justice Cho Hee-dae should "voluntarily withdraw" his written nomination amid ongoing controversy. They also indicated plans to pressure Cho to appear as a witness before the committee on the 31st and to clarify the court organization law.Speaking to reporters after a workshop for lawmakers at the Inspire Hotel in Incheon, Kim
IDB Provides $700 Million Loan to POSCO's Lithium Project in Argentina
The Inter-American Development Bank (IDB) has extended a loan of approximately 700 million dollars to POSCO Holdings for its lithium mining and production operations in Argentina. This funding will enable POSCO to secure substantial working capital, expand its lithium production capabilities, and strengthen its supply chain for critical minerals.On August 28, the Ministry of Economy announced that IDB Invest, the private sector investment arm of the IDB Group, is providing the financial support