Film critic Kim Do-hoon deleted a post criticizing actor Jung Jun-won's attitude on MBC's 'What Do You Do When You Play?' after it sparked controversy.On August 5, Kim shared a screenshot on his social media account showing a post titled "Just don't" with all metrics—posts, following, and followers—displaying zero. This appeared to be his response to the backlash following his evaluation of Jung.Earlier, on August 1, Jung appeared on MBC's variety show 'What Do You Do When You Play?' and faced c

Gangjin County in South Jeolla Province is expanding its sports marketing efforts by attracting overseas training teams, anticipating an economic impact of approximately 1 billion won.The county announced on August 6 that it is hosting the '2026 International Training Camp and Exchange Event' from July 29 to August 8.A total of 848 athletes from 17 teams, including the Youyi Sports Club from China's Puyang City, are participating in the training camp, along with 30 parents of the Chinese athlete

Seoul's apartment prices have seen a notable increase. However, while the rise in the Gangnam area is limited, significant gains are observed in the northern and southwestern regions. With more high-value homeowners needing to consider the implications of tax reforms on ownership, sales, and gifting, a prolonged wait-and-see attitude in Gangnam is anticipated.According to the Korea Real Estate Agency's report on the 'First Week of August 2026 National Weekly Apartment Price Trends' released on A

Japan's government has decided to reduce the consumption tax on food from the current 8% to 1%. If the bill passes, it will mark the first tax cut since the consumption tax was introduced in 1989. The move aims to alleviate the burden on households struggling with high prices, but the government has not provided a concrete plan for the necessary funding, estimated at 10 trillion yen (about $90 billion) over two years. Concerns have been raised that worsening fiscal conditions could lead to risin

Samsung Electronics and U.S. semiconductor company Netlist have resolved their ongoing patent litigation and established a strategic alliance that includes technology collaboration and product supply.On August 5, Netlist announced that it had signed a five-year long-term agreement with Samsung Electronics covering patent cross-licensing, memory supply, and technology collaboration.As part of the agreement, both companies have agreed to withdraw all pending legal actions and release each other fr

The National Iranian Oil Company (NIOC), a key financial lifeline for Iran, is facing severe cash flow issues due to U.S. sanctions and the prolonged war. Iranian President Masoud Pezeshkian described the current situation as the "most difficult period since the 1979 Islamic Revolution." On August 5, the semi-official Fars news agency reported that the Iranian Industrial Mineral Bank recently froze NIOC's bank accounts due to unpaid debts. The amount of the debt and the accounts that were frozen

Fitch Ratings recently assessed that the volatility in the Korean stock market is unlikely to significantly increase credit risk for financial institutions in the short term. However, if the decline in stock prices persists, it could negatively impact the profitability of securities firms, housing demand, and consumer sentiment.In a report released on August 5, Fitch noted that the robust growth of the Korean economy and sound regulatory measures in the financial sector are helping to mitigate t

The Korea Baseball Softball Association announced that due to extreme heat forecasts, only morning matches will be held on the opening day of the 54th Bonghwangdaegi National High School Baseball Tournament on the 7th.According to Yonhap News and the association on the 6th, the organization decided to hold only morning games on the 7th as nationwide heat is expected to peak, ensuring the safety of players. They will also secure additional backup days for each venue and completely readjust the to

Concerns have been raised that the government's proposed real estate tax reform may lead to instability in the rental market and a decrease in housing supply, rather than stabilizing home prices. Experts pointed out a lack of consistency between strengthening property taxes and easing transaction taxes, as well as insufficient consideration for rental households, which could result in unintended side effects.On August 6, the city of Seoul held a public forum on real estate normalization at the S