KG Mobility (KGM) has finalized its wage and collective agreement for this year, continuing a streak of 17 consecutive years without disputes.KGM announced on July 31 that the tentative agreement reached on July 29 was approved by union members, concluding the 2026 wage negotiations.The negotiations began in June and included 18 rounds of discussions, resulting in a tentative agreement that includes a basic salary increase of 75,000 won and a total payment of 3.6 million won, including productio

The group BTS has announced its refusal to submit entries for the Grammy Awards, drawing attention from both the K-pop industry and fans. This decision is seen as a challenge to the global music industry's practice of categorizing K-pop by 'region' and 'language.'On July 29, BTS members RM, Jin, Suga, J-Hope, Jimin, V, and Jungkook shared on their social media accounts, "We have decided not to submit for this year's Grammys." They added, "We hope music can be heard and loved for what it is, rath

KOSDAQ has rebounded sharply, driven by a global surge in semiconductor stocks, leading to increased buying across the semiconductor value chain. Following a recent decline, there has been a notable influx of bargain buying in semiconductor equipment and component stocks.As of 9:40 a.m. on July 31, the KOSDAQ index rose by 52.31 points (8.11%) to reach 697.09, according to the Korea Exchange. Major semiconductor-related stocks in the KOSDAQ also showed strong upward trends.Jusung Engineering, a

Han Byeong-do, the acting leader of the Democratic Party of Korea, criticized Jang Dong-hyuk, the leader of the People Power Party, on July 31, calling him a "dictator" for continuing unprecedented disciplinary politics aimed at protecting his party leadership. He also warned against dragging President Lee Jae-myung into political disputes.During a Supreme Council meeting held at the National Assembly, Han stated, "Jang has lost his reason and continues to make outrageous remarks."He added, "Jan

Companies are changing their criteria for selecting workspaces. As the focus shifts from merely securing office space to considering operational efficiency, talent acquisition, and logistics competitiveness, the value of knowledge industry centers with excellent access to Seoul is increasing.Industry analysts note that knowledge industry centers located on the outskirts of the metropolitan area are often less preferred by companies if they lack good access to Seoul. Conversely, locations that of

Elon Musk, CEO of Tesla and a major donor to Donald Trump during the 2024 U.S. presidential election, is reportedly planning to make significant contributions to Republican candidates in the upcoming midterm elections this November.According to a report by The New York Times on July 30, citing two sources, Musk has approved a spending plan of $100 million to $120 million for his political action committee, America PAC, in preparation for the midterms.One source indicated that the program is set

Jung Jeom-sik, the floor leader of the People Power Party, criticized the ruling Democratic Party on July 31 for introducing a bill to abolish prosecutorial investigative powers during a National Assembly session. He questioned whether the Democratic Party's call for a 'working National Assembly' was merely a cover to facilitate the dismissal of President Lee Jae-myung's trial.During a meeting of the party's floor leadership, Jung accused the ruling party of creating loopholes in the judicial sy

KOSPI has surged over 15% in early trading, buoyed by a significant rise in U.S. big tech and semiconductor stocks. Following a steep decline in the domestic market over the past three days, a wave of bargain hunting has triggered circuit breakers in both the KOSPI and KOSDAQ markets.As of 9:35 a.m. on July 31, the KOSPI index rose 841.40 points (15.04%) to reach 6,434.96. The index opened 64.23 points (1.15%) higher at 5,657.79 and quickly expanded its gains, recovering above the 6,400 mark.In

Parents are facing backlash after scolding their middle school child for spending nearly 30,000 won on a burger set. The incident has sparked criticism among office workers and online users.On July 30, a post titled "My middle school child bought nearly 30,000 won worth of hamburgers at a fast-food restaurant" appeared on the anonymous office worker community Blind.The author, identified as A, who works at Koh Young Technology, wrote, "I asked if they bought food for friends, but they said no. T