Lee Ok-yeon, the chairman of the Financial Services Commission, urged the financial sector to ensure seamless support for loans related to moving expenses, interim payments, and final payments for genuine homebuyers.On August 14, during a meeting in Seoul with financial institutions and related agencies to review household debt, Lee emphasized the importance of actively cooperating with the comprehensive real estate finance measures announced by the government the previous day.Lee stated, "With

In Anyang, South Korea, the Anyang Youth Foundation is offering tailored programs this summer to assist youth in exploring career paths, enhancing creative skills, and fostering emotional growth, receiving positive feedback from local youth and residents.According to the foundation on August 14, the programs are designed to provide experiences across career, creativity, and emotional domains, aligned with the interests and developmental stages of the youth.The Seoksu Youth Cultural Center's afte

Kazakhstan has been newly designated as a country for the Employment Permit System (EPS) for foreign workers. Additionally, regulations will be relaxed to allow construction companies to transfer foreign workers between different job sites under the same employer.On August 14, the government held the 49th Foreign Workforce Policy Committee meeting, where it finalized the 'Kazakhstan Employment Permit System Designation' and 'Improvement Plan for Employment Permits in the Construction Industry.'

Exports of semiconductors and computers surged in July, driven by increased demand for artificial intelligence (AI), resulting in a triple-digit growth rate and leading the information and communication technology (ICT) export performance.According to the Ministry of Science and ICT and the Ministry of Trade, Industry and Energy, July's ICT exports totaled $53.36 billion, marking a 140.6% increase compared to the same month last year. This figure maintained over $50 billion for the second consec

In July, the growth of household loans in the financial sector slowed down. The increase in mortgage loans diminished, and the demand for personal stock investments decreased due to stock market adjustments, leading to a reduction in other loan growth.According to the Bank of Korea's financial market trends report released on August 14, the balance of household loans at deposit banks stood at 1,194.8 trillion won at the end of July, an increase of 5.4 trillion won from the previous month. This f

Lenovo, the world's leading laptop manufacturer, is rapidly transforming into an AI infrastructure company.On August 13, Lenovo announced its second-quarter revenue of 183.4 billion yuan, a 43% increase from the same period last year. Net profit surged 176% to 7.3 billion yuan, with a net profit margin nearly doubling to 4% compared to the previous year.Lenovo's business is divided into three main segments: Intelligent Devices Group (IDG), Infrastructure Solutions Group (ISG), and Solutions & Se

Han Byeong-do, acting leader of the Democratic Party, stated on August 14 that the government’s real estate supply measures will be supported through the swift legislation of related bills, including those for shortening approval times and securing land. He urged the People Power Party and Seoul Mayor Oh Se-hoon to cooperate positively in executing the government's supply measures.During a Supreme Council meeting held at the National Assembly, Han said, "The Democratic Party will quickly assess

Hyundai Marine & Fire Insurance announced that its net profit for the first half of the year reached 615.1 billion won, a 36.4% increase compared to the same period last year. Profits from long-term insurance surged to 613.9 billion won, up 105.7%. This increase was attributed to a reduction in the deficit from insurance claims and a one-time gain from the implementation of advanced guidelines for actuarial assumptions. Profits from general insurance rose by 38.9% to 102.2 billion won, benefitin

Jung Jeom-sik, the floor leader of the People Power Party, criticized the government's real estate measures announced on August 13, calling it a "rehash of the same content" and warning that if it continues to rely on "deceptive numerical games," it will lose public trust. He has consistently labeled the new measures as "meaningless" and has intensified his attacks on the government.During a policy meeting at the National Assembly on August 14, Jung stated, "The government boasts of over 1.5 mil