Wiesung-rak Meets U.S. Ambassador Michelle Steel to Discuss U.S.-South Korea Relations
Wiesung-rak, the head of South Korea's National Security Office, met with newly appointed U.S. Ambassador Michelle Steel on August 4 for their first meeting, which served as an introductory session.According to the Blue House on August 7, Wiesung-rak and Ambassador Steel exchanged greetings and discussed ways to enhance U.S.-South Korea relations. On the same day, Steel visited the Ministry of Foreign Affairs to meet with Minister Park Jin.While the meeting was primarily a courtesy call, it appe
Typhoon Dolphin Approaches Japan's Okinawa and Amami Islands, Expected to Land in China
Large Typhoon 13, named Dolphin, is approaching Japan's Amami region and Okinawa with strong winds and high waves. The typhoon is expected to pass north of Okinawa's main island in the afternoon after approaching the Amami region in the morning. It is forecasted to slow down and move westward across the East China Sea on the 9th, making landfall in China's central region around the 11th. According to the latest projected path, the likelihood of direct impact on the Korean Peninsula is low. As
Next-Generation AI Memory HBF Gains Attention from Google
Next-generation memory technology, High Bandwidth Flash (HBF), is emerging as a solution to the increasing memory bottleneck in the age of artificial intelligence (AI). Google DeepMind has highlighted HBF as the optimal memory solution for the AI inference era, drawing significant industry interest.On August 6, at the FMS 2026 conference in California, SK Hynix, Google DeepMind, and SanDisk held a panel discussion themed "Overcoming the Memory Wall with HBF." This event followed the announcement
People Power Party Intensifies Criticism of Lee Jae-myung's Real Estate Tax Reforms
국민의힘은 7일 이재명 정부의 부동산 세제 개편안에 대해 "공급 실패를 증세로 덮으려 한다"며 연일 공세를 펼쳤다. 특히 비거주 1주택자와 세입자, 청년의 고통을 언급하면서 부동산 정책 대전환을 촉구했다. 장동혁 대표는 이날 국회에서 열린 부동산정책 정상화 특별위원회 회의에서 "부동산 지옥을 만든 주범이 바로 이재명 정권"이라고 질타했다. 장 대표는 "이재명 정권 1년 동안 서울 아파트값이 무려 11%나 올랐다"며 "문재인 정부조차 넘어섰다. 역대 정부들 가운데에서 압도적인 1위"라고 지적했다. 이어 "밤마다 SNS에 글
Joint Investigation Team Expands Search into Election Fraud Allegations
The Joint Investigation Team probing allegations of voter count manipulation during the June 3 local elections has expanded its search to nine election offices, including the National Election Commission and those in Seoul, Gyeonggi, and Chungbuk provinces. Following earlier investigations in Gimpo, Uiwang, and Jincheon, indications of irregularities in voter counts have also emerged in Seoul's Gangnam and Seocho districts, raising the possibility of a nationwide inquiry.Led by Kim Tae-hoon, Dep
Im Sung-geun Sentenced to Three Years in Appeal Over Corporal Cha's Death
Im Sung-geun, the former commander of the Marine Corps 1st Division, and other Marine commanders have received heavy guilty verdicts in their appeal related to the death of Corporal Cha Soo-geun. The court determined that the responsibility of failing to protect the lives and safety of the troops as a senior commander was serious.On August 7, the Seoul High Court's Criminal Division 4-3 (Judges Jeon Ji-won, Kim In-gyeom, and Seong Ji-yong) sentenced Im to three years in prison, the same as the f
Choo Mi-ae Takes on Lee Jae-myung's Debt Amid Rising Gyeonggi Province Liabilities
Gyeonggi Province has declared a financial emergency as past trends in its debt levels gain attention online.Choo Mi-ae, the Governor of Gyeonggi Province, held a press conference on August 5, announcing the financial emergency. The province cited a decline in acquisition tax revenue due to a sluggish real estate market and increased welfare spending as contributing factors to its financial burden.Following this announcement, documents detailing changes in Gyeonggi's debt began circulating onlin
Daewoo Engineering to Lead Mozambique's Rovuma LNG Phase 1 Project
Daewoo Engineering & Construction will participate as the main contractor in a large-scale liquefied natural gas (LNG) project in Mozambique.On August 7, Daewoo announced that it has officially received a Letter of Intent (LOI) for the construction of an LNG liquefaction plant from ExxonMobil Mozambique, the lead company for the Rovuma LNG Phase 1 project.Daewoo has formed a global consortium called 'SMDC JV' with Italy's Saipem, the U.S. firm McDermott, and China's CPECC to participate as the m
Support for Promising SMEs Outside the Capital Region with Up to 100% Corporate Tax Reduction
The Ministry of SMEs and Startups will provide corporate tax reductions of up to 100% to support promising small and medium-sized enterprises (SMEs) outside the capital region and will implement tax incentives to stimulate venture investments.On August 7, the ministry introduced key tax reform details for small and venture businesses as part of the recently announced '2026 Tax Reform Plan.' This reform aims to enhance the growth potential of startups and venture companies, support the sustainabl
Trump Acknowledges Need for Missiles Amid Ukraine's Requests
President Donald Trump stated that the United States also needs missiles in response to Ukraine's request for missile support. This comes as discussions about the depletion of U.S. military missile stockpiles gain traction, despite Trump's recent denials of such reports.On August 6, during a press conference at the White House, Trump addressed questions regarding Ukrainian President Volodymyr Zelensky's request for air defense missiles. He noted that former President Joe Biden had provided "a tr