The 2027 Seoul World Youth Day will be the second held in Asia, following the event in Manila, Philippines, in 1995. The organizing committee describes the Seoul gathering as the "first World Youth Day to be held in a non-Christian cultural context." This highlights the significance of the Pope meeting with young people from around the world in a city where Catholics do not constitute the majority. However, there is no official international standard that distinguishes between "Catholic countrie

Chey Tae-won, chairman of SK Group, and Bill Gates, chairman of TerraPower, are enhancing their energy collaboration centered around small modular reactors (SMR). As the demand for power in data centers surges due to the proliferation of artificial intelligence (AI), their 'SMR alliance' is evolving from equity investments to tangible business initiatives.According to industry sources, Chey and Gates discussed next-generation nuclear power, the power needs of AI data centers, and global energy c

The launch of a special investigation by the Election Commission to probe the ballot shortage during the local elections is imminent. Following over two months of preliminary investigations by the joint investigation team focusing on individual allegations, the special investigation is expected to concentrate on whether the leadership of the Central Election Commission issued, reported, or approved directives.According to legal sources on the 17th, the National Recommendation Committee for the E

Aju Economy is launching a five-part series titled 'WYD Will Transform Seoul' to explore the significance and preparations for the 2027 World Youth Day (WYD) in Seoul, one year ahead of the event. The main event will take place from August 3 to August 8, 2027, in Seoul. Prior to the main event, diocesan gatherings will be held from July 29 to August 2 in 15 dioceses across the country, excluding Seoul. This series will begin by examining the significance of hosting the event in a non-Christian c

To mitigate the extreme volatility in the domestic stock market, experts suggest refining the activation criteria for the volatility control device (VI) to reflect the characteristics of individual stocks and expanding the base of long-term institutional investors in South Korea.According to a report by senior researchers Kim Jun-seok and Jang Geun-hyuk from the Capital Market Research Institute, released on August 17, the report analyzes the significant increase in KOSPI volatility during the f

In the summer of 2027, young people from around the world will head to Seoul. This is not the Olympics or the World Cup; it is the World Youth Day (WYD), the largest international event of the Catholic Church where the Pope and youth share questions of faith and life. This will be the second WYD held in Asia, following the event in Manila, Philippines, in 1995, and the first to take place in a non-Christian cultural context. The Seoul WYD will not only be a church event but also a platform showc

Business leaders have stated that demands for profit-linked bonuses cannot be considered a subject of labor disputes. This position comes in response to recent demands from major companies following Samsung Electronics and SK Hynix's decision to distribute a percentage of their operating profits as bonuses, which has led to increased turmoil in the industrial sector.They also argued that the establishment of mega special zones, aimed at securing global competitiveness in national strategic indus

The Ministry of SMEs and Startups is focusing its efforts on restoring facilities and supporting merchants affected by flooding in traditional markets in the Gyeongnam region.According to the ministry on August 17, record rainfall in the Gyeongnam area has caused flooding and mudslides in traditional markets, including the Seoho Market in Tongyeong. So far, damage has been reported at four markets in Tongyeong and 11 markets in Geoje.Earlier that day, as heavy rain fell in Geoje and Tongyeong, t

Coupang is launching a sale targeting back-to-school and fall moving and interior needs, featuring major furniture brands from the Persis Group, including Desk, Ilum, Sidiz, and Slow. The 'Persis Group Sale' will run from August 18 to September 1, Coupang announced on August 17. The event will showcase products from four brands, categorized by purpose, including study room and home office furniture, motion desks, children's furniture, and family furniture. Discounts are available for customers p