On August 24, the National Assembly engaged in a comprehensive review of the 2025 fiscal year budget, sparking a debate over the Blue House's special activity funds. Kang Hoon-sik, head of the Presidential Secretariat, stated that it is "difficult to transparently disclose" the details of these funds. The People Power Party criticized the Democratic Party for previously demanding the disclosure of special activity fund details while in opposition, asserting that the current administration's resp

Major subsidiaries of HD Hyundai are on the brink of strikes due to labor disputes over bonuses. As the shipbuilding industry thrives and the construction machinery sector recovers, unions are demanding compensation that reflects these improved results, but negotiations with management have stalled.On August 24, the Central Labor Relations Commission (CLRC) held a second meeting regarding the labor dispute application submitted by the Metal Workers' Union of Hyundai Heavy Industries. The commiss

On August 24, marking the 34th anniversary of diplomatic relations between South Korea and China, National Assembly Speaker Cho Jung-sik emphasized the importance of parliamentary roles in advancing cooperation between the two nations ahead of the upcoming APEC summit in November. This statement reflects a commitment to contribute to the mature development of the strategic partnership between the two countries.In a post on his Facebook, Cho stated, "Communication between institutions representin

Gyeongnam Province announced on August 24 that a total of 775 tourist attractions in the region were selected through a public vote as part of the "100×100 Project for Discovering Korea's Attractions," organized by the Ministry of Culture, Sports and Tourism and the Korea Tourism Organization.The "100×100 Project for Discovering Korea's Attractions" is a public participation initiative that identifies 100 travel themes across eight categories based on recommendations from 100 travel experts. In

NC Medi's medical waste incineration facility, located near Jeonggwan New Town in Gijang County, will finally be relocated to a non-residential area after years of complaints about odors and harmful substances.While Gijang County and the company have reached a preliminary agreement on the relocation, specific sites and timelines have yet to be determined. The estimated relocation costs are between 20 billion and 30 billion won, making the acquisition of a new site, resident consent, and swift ad

The Korea Trade Insurance Corporation (K-SURE) labor union has joined the opposition against the relocation of the Financial Supervisory Service (FSS) and the Korea Deposit Insurance Corporation (KDIC).According to K-SURE, union chairman Park Hong-cheol attended a joint press conference held in front of the Blue House on August 24, where he stated, "The FSS and KDIC are key infrastructures for national financial stability that must respond first to market disruptions and prevent the spread of fi

Samsung Electronics' stock price dropped more than 8% on August 24, despite announcing a record 110 trillion won ($82 billion) shareholder return plan on August 21. Investor reactions were lukewarm, contrasting sharply with SK Hynix, which saw its shares rise over 12% following a 40 trillion won buyback and cancellation announcement. Analysts suggest that the shareholder return fell short of market expectations, particularly due to the Financial Industry Structure Improvement Act, which prevente

South Korea and Mexico's foreign ministers met in Seoul on August 24 to discuss expanding cooperation in trade, investment, artificial intelligence (AI), space, education, and defense industries, as well as strengthening ties among middle powers. The two countries assessed that they are opening a new chapter in their strategic partnership across various fields, building on the momentum of high-level exchanges that have continued throughout the year.During the meeting at the Ministry of Foreign A

"Even a stone bridge should be tested before crossing." This proverb often comes to mind while conducting investigative reporting. In the field, the sturdier a stone bridge appears, the more it should be tested. Just because a tip is specific, the evidence seems credible, and the informant is confident does not mean it is true.For journalists, tips are invaluable. Many instances of hidden injustices and power-related corruption begin with the courageous testimony of insiders. The ability to inve