A recent public opinion survey revealed that 53% of respondents positively evaluate President Lee Jae-myung's governance. Conducted by Embrain Public, K-Stat Research, Korea Research, and Hankook Research from July 27 to 29 among 1,000 individuals aged 18 and older, the National Indicator Survey (NBS) showed a 2 percentage point decrease from the previous survey conducted two weeks ago. Negative evaluations rose to 37%, an increase of 3 percentage points. Regarding the government's real esta

As the United States resumed airstrikes on Iran after a six-day pause, geopolitical tensions in the Middle East have escalated, leading to a surge in South Korean defense stocks.According to the Korea Exchange, as of 1:18 PM on July 30, Hanwha Aerospace was trading at 879,000 won, up 8.52% (69,000 won) from the previous trading day.At the same time, LIG Nex1 saw a 4.35% increase, reaching 647,000 won. SNT Dynamics and Korea Aerospace Industries rose by 7.76% and 1.96%, respectively, while Hyunda

Woori Bank announced on July 30 that it has signed a strategic memorandum of understanding (MOU) with HS Hyosung The Class, the official dealer of Mercedes-Benz, to jointly market to ultra-high-net-worth individuals.The agreement aims to enhance differentiated lifestyle services for ultra-high-net-worth clients by combining finance with premium mobility. This is significant as competition in asset management services has expanded beyond finance into the broader lifestyle sector.During the signin

The Federal Reserve has decided to keep its benchmark interest rate steady at 3.50% to 3.75%. While this decision was anticipated, the market reacted sharply. The yield on 30-year U.S. Treasury bonds surged to 5.2%, and stock prices plummeted. Long-term Treasury yields reached their highest levels since the financial crisis. In this decision, three of the twelve members of the Federal Open Market Committee advocated for a 0.25 percentage point increase. This indicates that there were significa

Kim Yoon-deok, the Minister of Land, Infrastructure and Transport, stated that he is actively considering the option of partially releasing the greenbelt to supply housing if necessary. Although he has opposed the conversion of greenbelt land in principle, his perspective has changed since taking on the responsibility for housing supply. His commitment to addressing the housing supply shortage is commendable. However, the release of greenbelt land should not be used merely as a symbolic gesture

The KOSPI is showing a decline of over 1%. Concerns about a 'Black Thursday' have increased due to a drop in the U.S. stock market, a surge in long-term Treasury yields, and geopolitical risks in the Middle East. However, the decline has been limited to the 1% range thanks to buying from foreign and institutional investors.As of 1:19 PM on July 30, the KOSPI was down 97.16 points (1.72%) at 5,566.08. The index opened at 5,681.77, up 18.53 points (0.33%) from the previous trading day, but quickly

This year, the number of foreign tourists visiting Seoul and Busan reached record highs. Seoul welcomed 8.23 million foreign visitors, a 21.3% increase from last year, while Busan saw a 43.9% rise to 2.42 million.Not only has the number of tourists increased, but their spending has surged even more dramatically. In the first half of the year, foreign visitors spent 5.6172 trillion won in Seoul, marking a 56.8% increase compared to the same period last year. In Busan, tourism spending also rose b

한국항공우주산업(KAI) announced on July 30 that it signed a memorandum of understanding (MOU) with Brazilian aerospace company Embraer on July 28 to establish strategic cooperation in the field of aircraft structures.The MOU aims to create a framework for exploring potential business opportunities and identifying areas for collaboration based on the technical capabilities and expertise of both companies. The partnership will focus on various areas, including research and development of new techn

The government has initiated discussions on protecting the rights and improving the working conditions of migrant workers in the fisheries and aquaculture sectors. As the workforce in fishing villages declines and ages, migrant workers have become essential personnel, prompting efforts to strengthen systems for preventing human rights violations and providing remedies.On July 30, the Ministry of Employment and Labor held a meeting on the protection of migrant workers' rights in the fisheries and