President Yoon Concludes Brazil Visit and Heads to Chile to Revise FTA 이재명 대통령이 29일(현지시간) 브라질 국빈 방문을 마치고 남미 순방 두 번째 국가인 칠레로 향한다. 브라질에서 한·메르코수르 무역협정 협상 재개와 민항기·핵심광물 협력의 발판을 마련한 이 대통령은 칠레에서 발효 22년을 맞은 한·칠레 자유무역협정(FTA)의 현대화와 핵심광물 공급망 확대에 나설 것으로 예상된다. 이 대통령은 이날 오전 브라질 상파울루 과룰류스 국제공항을 출발해 칠레 수도 산티아고에 도착할 예정이다. 칠레 방문은 29일부터 30일까지 이틀간 진행된다. 이 대통령은 도착 당일 July 29, 2026

Gwangju City Council Opens 325th Extraordinary Session to Review Budget and Ordinances The Gwangju City Council is holding its 325th extraordinary session from July 28 to August 6, during which it will review and vote on a total of 10 agenda items, including a supplementary budget and various ordinances. According to the council on July 29, the session will address the first supplementary budget for 2026, a proposed change to the first fund management plan, three ordinances, one report on administrative work, and four other agenda items. On the first day of the session, July 28, t July 29, 2026

Gunpo Mayor Han Dae-hee Aims to Transform Daye Library into a Creative Hub for Citizens Han Dae-hee, the mayor of Gunpo City, is accelerating efforts to enhance citizen-centered cultural infrastructure with the reopening of the newly renovated Daye Library. Mayor Han expressed his intention to make Daye Library a creative hub where all citizens can gather and communicate. On July 27, he held a reopening ceremony at Daye Library, attended by city and provincial council members, local leaders, and citizens. The event included a progress report, speeches, and a ribbon-cutting c July 29, 2026

Government to Tighten Regulations on Leverage Products Amid Stock Market Decline Government to impose stricter regulations on single-stock leverage productsThe government is set to strengthen regulations on single-stock leverage products, which have been identified as a cause of the recent stock market decline. Measures will include setting individual investment limits to prevent excessive concentration of funds in specific products, as well as imposing transaction costs and mandating simulated trading to curb excessive trading activity.Deputy Prime Minister and Minister of July 29, 2026

Government to Tighten Regulations on Leverage Products Amid Stock Market Decline Government to Strengthen Regulations on Leverage Products Amid Market DeclineThe South Korean government is set to tighten regulations on single-stock leverage products, which have been identified as a contributing factor to the recent stock market decline. Measures will include setting individual investment limits to prevent excessive concentration of funds in specific products, as well as imposing transaction costs and mandating simulated trading to curb excessive trading activity.On July 29, July 29, 2026

Government to Tighten Regulations on Single-Stock Leverage Amid Market Decline The government is set to strengthen regulations on single-stock leverage products, which have been identified as a cause of the recent stock market decline. Measures will include setting individual investment limits to prevent excessive concentration of funds in specific products and imposing trading costs to curb excessive trading.Deputy Prime Minister and Minister of Finance Koo Yun-cheol convened an emergency market situation monitoring meeting on July 29 at the Government Seoul Complex, atte July 29, 2026

Ruling Party Pushes for Abolition of Supplementary Investigation Rights Amid Opposition Filibuster On July 29, the National Assembly's Legislative Judiciary Committee and the Operations Committee approved amendments to the Criminal Procedure Law aimed at abolishing supplementary investigation rights and shortening the fast-track process. These bills are set to be presented for a vote in the plenary session scheduled for July 30, prompting the People Power Party to announce plans for an unlimited debate (filibuster) to block the measures.Both committees convened in the morning to review and vo July 29, 2026

Ruling Party Pushes Legislation Amid Opposition's Inaction The Democratic Party is rapidly moving to finalize the legislative process for amendments to the criminal procedure law, including the abolition of prosecutors' supplementary investigation rights, within three days. Meanwhile, the People Power Party finds itself powerless to respond. Since the start of the 22nd National Assembly, the People Power Party has lost its negotiating power due to a lack of seats and has resorted to filibustering various contentious bills, but with little success.Accord July 29, 2026

North Korea and China Emphasize Military Cooperation at Founding Day Event North Korea and China highlighted their military cooperation and traditional friendship during a reception in Pyongyang marking the 99th anniversary of the founding of the Chinese military. The event, attended by senior officials from both countries, reaffirmed the close ties between the two nations amid recent high-level exchanges.According to North Korea's Rodong Sinmun and the Chinese embassy in Pyongyang, the reception took place on July 29 and was attended by approximately 150 guests, inclu July 29, 2026

Bill Gates Plans Visit to South Korea Next Month to Discuss AI and Next-Gen Nuclear Cooperation Bill Gates, co-founder of Microsoft, is expected to visit South Korea as early as next month. If the visit occurs, discussions on artificial intelligence (AI) and next-generation nuclear power are likely to be key topics.According to the information and communication technology (ICT) industry on July 29, Gates, who is also the chairman of the Gates Foundation, has expressed his intention to meet with Prime Minister Han Seung-soo and is currently coordinating the schedule and agenda. The specific July 29, 2026