Yongin City Discusses Welfare Policy Cooperation with Da Nang's Quang Phu District
Gyeonggi Yongin City (Mayor Lee Sang-il) welcomed a delegation from Quang Phu District in Da Nang, Vietnam, for a meeting on July 30 in a video conference room. Attendees included First Deputy Mayor Ryu Kwang-yeol, city officials, Quang Phu Secretary Bui Ngoc An, and International Lotus Village Association President Jo Dang-ho. Participants watched a promotional video about Yongin City and shared local conditions before discussing ways to enhance exchanges. The Quang Phu delegation specific
KOSPI Declines, But Won-Dollar Exchange Rate Drops to 1430s
Despite a sharp decline in the KOSPI, the won-dollar exchange rate continues to trend downward. Typically, a weak domestic stock market leads to a rise in the exchange rate; however, recent analysis indicates that a decrease in dollar demand following the end of foreign investor rebalancing, along with expectations of corporate dollar sales, has contributed to the strengthening of the won.On July 30, the weekly closing price of the won-dollar exchange rate in the Seoul foreign exchange market en
People Power Party Condemns Democratic Party's Push to Abolish Supplementary Investigation Rights
국민의힘은 30일 더불어민주당이 국회 본회의에 '보완수사권 폐지'를 골자로 한 형사소송법 개정안을 강행 처리하려고 하자 "이재명 대통령은 반드시 거부권(재의요구권)을 행사해야 한다"고 주장했다. 정점식 원내대표는 이날 국회 로텐더홀에서 규탄대회를 열어 "모든 피해는 국민의 몫이고 모든 책임은 이재명 정권의 몫"이라며 이같이 말했다. 정 원내대표는 '장윤기 사건'을 언급하며 "경찰 지휘부의 맨 위부터 맨 아래까지 피해자의 편은 단 한 명도 없었다. 보완수사권이 없었다면 더러운 진실은 땅속에 묻혔을 것이고, 장윤기
Jindo County Launches Operation of New Community Center Following Coastal Revitalization Project
Jindo County has officially launched the operation of the Shin-gi Vitality Center, a multi-purpose space for residents and visitors, following the completion of the Shin-gi Port Coastal Revitalization 300 project.The project, which cost a total of 8.784 billion won, was completed to enhance community engagement and boost tourism in the region, the county announced on July 30.A community event was held recently at the Shin-gi Vitality Center, attended by Jindo County Mayor Lee Jae-gak, local resi
Daehan Electric Wire Reports Record Q2 Revenue and Operating Profit
Daehan Electric Wire achieved its highest quarterly performance to date, driven by strong demand in its high-voltage (HV) and submarine cable businesses. The company reported a record backlog of over 4 trillion won for the first time in its history, bolstered by increased global investment in power networks.On July 30, Daehan Electric Wire announced its preliminary results for the second quarter, reporting revenue of 1.1987 trillion won and an operating profit of 608 billion won. This marks a 30
KOSDAQ Faces Worst Decline Since Dot-Com Bubble, Delisting Risks Surge
코스닥 시장이 2000년 닷컴버블 붕괴 이후 최악의 하락장을 맞으면서 상장폐지 우려가 커지고 있다. 올해 상장유지 요건이 강화된 가운데 주가 급락으로 시가총액 200억원을 밑도는 기업이 석 달 만에 3배 가까이 늘면서 상당수 기업이 상장폐지 위험권에 진입했다. 30일 한국거래소에 따르면 코스닥지수는 전 거래일보다 17.90포인트(2.70%) 내린 644.78에 거래를 마쳤다. 지난 4월 27일 기록한 연고점(1226.18)과 비교하면 석 달 만에 47.4% 급락했다. 이달에만 30% 넘게 하락하며 지난해 4월 이후 가장 낮은 수준으로 내려앉았다. 이
Police Refer Yoon Suk Yeol to Prosecutors Over Kim Geon-hee Stock Manipulation Denial
Police have referred former President Yoon Suk Yeol to prosecutors for allegedly making false statements regarding his wife Kim Geon-hee's involvement in stock manipulation related to Deutsche Motors during the 20th presidential election. Although prosecutors initially deemed it difficult to establish charges, police decided to proceed based on a recent guilty ruling against Yoon in a separate election law violation case.According to legal sources on July 30, the Special Investigation Unit of th
Chinese Stock Market Declines Amid AI Investment Concerns; Bank Stocks Rise
The Chinese stock market, which rose the previous day, fell on July 30, influenced by a decline in global tech stocks. On this day, the Shanghai Composite Index closed down 0.62% at 3,804.69, the Shenzhen Component Index fell 2.73% to 13,285.80, and the ChiNext Index dropped 3.97% to 3,244.62. Concerns in the market were heightened following earnings reports from major U.S. tech companies. While Microsoft maintained growth in its AI business, Meta reported a significant decline in free cash flow
Hampyeong County Enhances Water Safety Guidelines for Summer Activities
Hampyeong County in South Jeolla Province is ramping up safety measures as the summer vacation season begins, anticipating an increase in water activity participants.On July 30, the county announced that it is focusing on promoting basic safety rules, including the mandatory wearing of life jackets and the importance of warm-up exercises, to prevent water-related accidents during the peak summer vacation period.According to the county, many summer water accidents occur due to a failure to follow
National Assembly Passes Special Prosecutor Law Amid Election Controversy
On July 30, the National Assembly passed the Special Prosecutor Law aimed at investigating the shortage of ballots during the June 3 local elections. The deadline for the National Assembly's special investigation committee was also extended. A recount is set to take place on August 18.During the afternoon session, the National Assembly voted on the "Law on the Appointment of a Special Prosecutor to Investigate Allegations of Voter Rights Violations During the 9th Nationwide Simultaneous Local El