Senior Members of the People Power Party Call for Regular Meetings with Leader Jang Dong-hyuk
Senior lawmakers of the People Power Party, those with four or more terms, have agreed to request regular meetings with party leader Jang Dong-hyuk. There were also calls for a clearer voice moving forward.After a meeting of senior lawmakers on August 26, Representative Lee Jong-bae told reporters, "Many participants agreed that it will be difficult for the party to win the general election in its current state."He added, "We decided to request regular meetings with the party leader as much as p
Ho Chi Minh City Real Estate Enters New Phase as Demand Shifts to Fundamentals
The real estate market in Ho Chi Minh City, Vietnam, is entering a new phase driven by urban expansion and the resumption of major projects. As Ho Chi Minh City, Binh Duong, and Ba Ria-Vung Tau are integrated into a single metropolitan area, the availability of land and supply has increased. However, market interest is shifting from short-term price increases to regions with infrastructure, job opportunities, legal stability, and genuine demand.According to the '2026 Real Estate Forum' held by l
Korea's Swimming 'Golden Generation' Aims to Repeat Success at Asian Games
The 'Golden Generation' of Korean swimming, which sparked a renaissance in the sport, is preparing to replicate its success from three years ago at the Asian Games in Hangzhou, this time in Aichi and Nagoya.The swimming events at the 2026 Aichi and Nagoya Asian Games will take place from September 20 to 25 at the Tokyo Aquatics Center, with 41 of the 55 gold medals in swimming up for grabs in the pool. The Korean Sports Council has set a target of four gold medals in swimming, the second highest
Is the Northern Sea Route a Shortcut for Global Shipping?
The world’s shipping routes have long been established. To send goods from Asia to Europe, the conventional path involves traversing the South China Sea and the Strait of Malacca, entering the Indian Ocean, passing through the Red Sea and the Suez Canal, and finally reaching the Mediterranean. A significant portion of global maritime trade relies on this route. The United States has maintained a formidable naval presence in the Indo-Pacific and the Middle East, partly to ensure the safety of thi
Nvidia Earnings Report Sparks Concerns Over Semiconductor Stocks
As Nvidia prepares to announce its earnings, concerns are rising in South Korea's stock community about potential sharp declines in the stock prices of Samsung Electronics and SK Hynix, with predictions of a sell-side circuit breaker on the KOSPI index.On August 26, a post in a domestic online stock community claimed, "Tomorrow, Samsung and Hynix will trigger a sell-side circuit breaker, expecting a -20% drop." The author, identified as A, suggested that Nvidia's earnings report could signal the
Volvo's Electric Vehicle Sales Surge in South Korea, Driven by EX30 Success
Volvo Cars Korea has reported a significant increase in electric vehicle sales, doubling its figures in the first half of the year, thanks to the success of its premium all-electric SUV, the EX30.According to the Korea Automobile Importers and Distributors Association (KAIDA) on August 26, Volvo's sales in the first half of the year reached 7,470 units, a 10% increase compared to the same period last year. Among these, pure electric vehicle sales soared to 1,944 units, marking a 107% increase fr
LH to Offer 463 Public Housing Units in Uijeongbu Ujeong Block A-2
The Korea Land and Housing Corporation (LH) will supply 463 public housing units in the Uijeongbu Ujeong public housing district A-2 block. The development is located near Nokyang Station on Line 1 and is expected to provide access to Uijeongbu Station via the planned GTX-C line.On August 26, LH announced the recruitment notice for residents of the 463 units in the Uijeongbu Ujeong public housing district A-2 block.The Uijeongbu Ujeong A-2 block was subject to pre-application in October 2021. Al
Jose Munoz: Hyundai Aims for 5.55 Million Vehicle Sales by 2030
Hyundai Motor Company unveiled its long-term strategy focused on enhancing its core automotive competitiveness. Despite intensifying global competition and geopolitical threats, the company aims to boost profitability by pursuing a segmented electrification transition and expanding into future businesses such as autonomous driving and robotics. On August 26, Hyundai held its '2026 CEO Investor Day' at the Conrad Hotel in Yeouido, announcing a goal to launch 100 new models worldwide by 2030, achi
Government Selects Regional Growth Engines for Industrial Development
The government has selected regional "growth engines" as part of its initiative to foster industrial development. It plans to identify 3 to 4 growth engines per region, linking local strengths with large-scale corporate investments. This strategy aims to transform local areas into hubs of industrial innovation by combining a seven-part support package with mega-special zones.On August 26, the Ministry of Trade, Industry and Energy announced this plan during the 10th Central-Local Cooperation Mee
Blue House Addresses Controversy Over Future Response Fund
The Blue House stated on August 26 that the Future Response Fund, which has been criticized by opposition parties as a so-called "slush fund," is intended for responsible fiscal management and targeted investments.A Blue House official spoke to reporters in the press briefing room, saying, "The idea is that it is not responsible fiscal management for the government to spend more when tax revenues are high and less when they are low."The official added, "It seems likely that there will be unexpec