u/Muted-Aioli9206
Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans
> Shares of Samsung Electronics and SK Hynix plunged on Monday after reports surfaced that the pair are expected to unveil investment plans worth more than a trillion dollars.
> Samsung Electronics’ stock was down 4.7%, while SK Hynix was 3.1% lower.
> Samsung Electronics and SK Hynix will unveil major investment plans of up to 2,000 trillion won ($1.3 trillion) over the next 10 years, the Korea Economic Daily reported.
> The investment plans will be announced during a government briefing at 2 p.m. local time Monday. The meeting will be chaired by President Lee Jae Myung, the presidential office said Sunday.
> The announcement comes after the Maeil Business Newspaper on Friday reported that Samsung Group will announce a 1,000 trillion won ($646 billion) investment program spanning the next decade.
Nearly 10 Chinese, Russian military aircraft briefly enter Korea's air defense zone: JCS - The Korea Times
Nearly 10 Chinese and Russian military aircraft briefly entered and left Korea's air defense identification zone (KADIZ) above the country's eastern and southern waters, Korea's military said Saturday.
Minimum wage vs. Jjajangmyeon vs. Seoul Apartment price
President Lee Jae Myung Deems Mid-1,500 Won Exchange Rate Excessive
chosun.comActually, Korea's minimum wage has been frozen for the past 7 years
At least it's good news for people traveling to Korea.
Editorial: Half of Korea’s Youth Say They Want to Leave — A Reality Made by Soaring Housing Prices and Unions
I personally think the argument loses steam the 3rd paragraph in (does not provide an example of a union decreasing wages meant for new employees), but I wonder what some of the politically minded users on this sub thinks about this piece. Are unions the perpetrators of the economic disparities felt by young Koreans?
Opposition polls above ruling party for first time during Lee's tenure
The conservative main opposition People Power Party's approval rating has overtaken that of the ruling party for the first time since President Lee Jae Myung took office last year, buoyed in part by the discontent over June 3 local election ballot shortage.
According to a poll by Realmeter released Monday, the People Power Party's favorability came to 44.3 percent, up 3.2 percentage points from the previous week.
Monday's figure was the highest since the fourth week of January in 2025, when former President Yoon Suk Yeol's impeachment led to a brief rebound in the conservative party's favorability.
The Democratic Party of Korea's favorability, by contrast, fell 3.8 percentage points to 38 percent, dropping below the 40 percent mark for the first time in 10 months. It also declined the week before, after a break in the final week of May when South Korea was in an election blackout period.
Realmeter viewed the poll as the outcome of the People Power Party's move to take a hard line over a series of revelations of flawed election management of the National Election Commission in the local elections. The party's position has "absorbed support from progressives, moderates and people in their 20s," according to Realmeter.
The Democratic Party saw support weaken in key regions where it enjoys strong support, such as Gyeonggi Province, Incheon and the Jeolla provinces, amid the election mismanagement scandal and internal conflicts ahead of the party leadership contest, according to the pollster.
The conservative main opposition People Power Party's approval rating has overtaken that of the ruling party for the first time since President Lee Jae Myung took office last year, buoyed in part by the discontent over June 3 local election ballot shortage.
According to a poll by Realmeter released Monday, the People Power Party's favorability came to 44.3 percent, up 3.2 percentage points from the previous week.
Monday's figure was the highest since the fourth week of January in 2025, when former President Yoon Suk Yeol's impeachment led to a brief rebound in the conservative party's favorability.
The Democratic Party of Korea's favorability, by contrast, fell 3.8 percentage points to 38 percent, dropping below the 40 percent mark for the first time in 10 months. It also declined the week before, after a break in the final week of May when South Korea was in an election blackout period.
Realmeter viewed the poll as the outcome of the People Power Party's move to take a hard line over a series of revelations of flawed election management of the National Election Commission in the local elections. The party's position has "absorbed support from progressives, moderates and people in their 20s," according to Realmeter.
The Democratic Party saw support weaken in key regions where it enjoys strong support, such as Gyeonggi Province, Incheon and the Jeolla provinces, amid the election mismanagement scandal and internal conflicts ahead of the party leadership contest, according to the pollster.
Meanwhile, Lee's approval rating dropped for the fourth straight week to 51.5 percent, according to Monday's poll, hitting its lowest point since October.
"Following the ruling party's attempt to pass a special counsel (to cancel Lee's criminal indictments), conservatives rallied and some moderates switched party affiliation to the conservative party, and what accelerated the trend was the ballot shortage crisis," political commentator Lee Jong-hoon told The Korea Herald.
... (rest omitted for relative brevity)
Chinese male tourist have defecated in a female employee's lounge at the Incheon International Airport
Traces of bowel movements were found in the bathroom of the female immigration officer's lounge located on the second floor of Incheon International Airport Terminal 1 on the night of the 4th.
This fact was confirmed on the 5th, the next day, when employees used the lounge.
The lounge in question is known to be a space where not only the general public but also visitors cannot enter. It is a de facto security zone used by immigration officers.
As a result of the immigration authorities' analysis of closed-circuit (CC) TV, it was reported that a Chinese male tourist who entered Incheon International Airport entered the space.
South Korea President Lee Jae-myung stated that “it is difficult for our people to accept military cooperation between South Korea and Japan,” adding, “A genuine relationship between the two countries can only be achieved when historical and territorial issues are resolved.”
asiae.co.krSooooo many people at the protest in Jamsil
Everybody come by!
Exact Same Number of Votes in 2 Incheon Areas
Olympic Park, Seoul, South Korea
In South Korea's local elections, ballot shortages occurred in some areas. The most notable case was in Songpa District, Seoul, the capital of South Korea. Some citizens were unable to vote because there were no ballots available. However, vote counting began even though some voters had still not been able to cast their ballots. Regardless of the early voting rate, every citizen's right to vote must be protected.
The National Election Commission only apologized for the ballot shortage and has not announced any meaningful follow-up measures. The South Korean government has also remained silent.
During the removal of the ballot boxes, citizens were forcibly dragged away by police officers. Some people were reportedly injured, and the ballot boxes were ultimately transported to Olympic Park.
As a result, citizens have been gathering at Olympic Park, calling for a revote and the protection of their voting rights. Since Friday, more than 50,000 citizens have gathered each day, demanding that their right to vote be protected. However, South Korean mainstream media remains largely silent about the situation. We want more people around the world to know what is happening in South Korea.
Regardless of political beliefs, every citizen deserves to have their voice heard and their rights respected.
We want the constitutional right to vote and the fundamental rights of South Korean citizens to be protected. We do not want democracy to be undermined.
South Korea Protest Against Ballot Paper Shortager
Suicide rate is spiking,high schoolers go through excessive bullying and they are worried about a tv show???? They could use this opportunity to demand for a stronger punishments for bullies instead. Please give us another season Netflix
Goldman Sachs estimates that tax income from Samsung and SK Hynix will pay off half of South Korea's national debt by 2028
How each apartment which “lacked physical voting paper” voted last election
This is way too blatant
South Korea Climbs to World's Sixth-Largest Stock Market, Surpassing India
South Korea will be at the next Call of Duty that might be released in Oct. 28
https://www.youtube.com/watch?v=miLs0o3Es-4
It seems like Kim Jong Un died or is toppled in a coup in the campaign.