Hyundai Launches All-New Elantra with Advanced Safety Features Hyundai Motor Company is set to target the market with its eighth-generation Elantra, which incorporates advanced technology. The new model, released after six years, aims to redefine the standards for global compact sedans. Hyundai is drawing attention with the introduction of several cutting-edge technologies. On July 29, Hyundai held a "Tech Day" at the Arc Studio in Seocho-gu, Seoul, where it announced key technologies and the development background of the new Elantra. The "All-New Elantra," July 29, 2026

Iran Launches Ballistic Missiles at U.S. Forces Amid Escalating Tensions Iran has launched ballistic missiles targeting U.S. forces stationed in the Middle East. In response, the United States and Saudi Arabia have conducted airstrikes on pro-Iran militia positions in Iraq, escalating military tensions in the region.Iran Targets U.S. Facilities in Jordan; Five Missiles InterceptedThe U.S. Central Command, which oversees military operations against Iran, reported on the 28th that the Islamic Revolutionary Guard Corps (IRGC) fired multiple ballistic missiles at U.S. fo July 29, 2026

Six in Ten Young South Koreans Predict Deteriorating Conditions in 20 Years Six out of ten young South Koreans believe that the country's economic and social conditions will worsen in the next 20 years. Both the general public and the youth identified real estate and housing instability as the most pressing issues currently facing the nation.The Ministry of Economy and Finance held a Future Strategy Advisory Meeting on July 29 at the Conference House Dalgaebi in Jung-gu, Seoul, where Minister Park Hong-keun revealed the results of a survey conducted among the general pu July 29, 2026

President Lee's 'Empathy Diplomacy' Resonates During Brazil Visit 이재명 대통령이 상대국 정상과 현지 동포의 삶을 직접 살피는 ‘공감외교’로 브라질 국빈 방문의 의미를 더했다. 노동자 출신인 루이스 이나시우 룰라 다 시우바 대통령의 정치적 뿌리를 찾고 동포들의 애로사항을 들으며 양국 간 정서적 접점을 넓혔다. 이 대통령은 28일(현지시간) 룰라 대통령의 노동운동 근거지인 상파울루 ABC 금속노동조합을 방문했다. ABC는 산투안드레와 상베르나르두두캄푸, 상카에타누두술 등 공업도시 3곳을 일컫는 말로, 룰라 대통령이 금속노조위원장을 지낸 뒤 노동자당 창당을 주도한 정치적 July 29, 2026

LG Electronics Completes $1 Billion Share Buyback, Announces Interim Dividend LG Electronics has completed a share buyback worth 1 trillion won and plans to retire the acquired shares by the end of the year. The company also announced an interim dividend of 500 won per share, marking a significant step in its return to shareholders.In accordance with the 1 trillion won share buyback plan announced in January, LG Electronics recently finalized a trust agreement with NH Investment & Securities and disclosed the termination of the contract on July 29.The shares acquired thro July 29, 2026

Calls for Profit Sharing Fade as KOSPI Plummets The KOSPI index has seen a sharp decline, reigniting discussions around 'excess profit sharing' that had previously emerged in political and labor circles. As recent stock market downturns have led to significant investment losses, some online users have criticized, "Shouldn't we also discuss sharing excess losses now?"On July 29, a post titled 'The Disappearing Term Amid KOSPI's Plunge' circulated widely on major domestic online communities.The post included the phrase 'excess profits' and stat July 29, 2026

Bank of Korea Governor Signals Continued Tightening Amid Economic Growth Bank of Korea Governor Shin Hyun-song stated on July 29 that he believes it is necessary to continue the trend of interest rate hikes. This reaffirms the bank's commitment to maintaining a tightening stance after raising the benchmark rate for the first time in three and a half years earlier this month.During a report to the National Assembly's Economic Committee, Governor Shin said, "The timing and pace of any further increases will be determined by comprehensively assessing inflationary pressu July 29, 2026

Kim Ho-young Remains Silent on Ok Joo-hyun's Apology Demand, Congratulates Moon Geun-young on Marriage Musical actor Kim Ho-young, who was asked for an apology by fellow actor Ok Joo-hyun, congratulated actress Moon Geun-young on her marriage news.On July 29, Moon Geun-young posted a handwritten letter on her social media, stating, "I met someone with whom I want to walk the path I have always walked alone, share the times I have struggled alone, and make each other smile over trivial matters. I want to fill our future lives together, not as individuals but as a couple."In response, Kim Ho-young July 29, 2026

Financial Services Commission Aims to Redirect Funds from Real Estate to Stock Market and Advanced Industries The Financial Services Commission (FSC) is grappling with the challenge of redirecting funds from real estate to the stock market and advanced industries. The agency aims to facilitate productive capital movement while managing stock market volatility and the concentration of high-risk products. Additionally, it seeks to stabilize housing prices without restricting loans for genuine homebuyers.During a report to the National Assembly's Political Affairs Committee on July 29, FSC Chairman Lee Ok- July 29, 2026

Cellbiotech Invites International Medical Professionals to Showcase K-Probiotic Technology Cellbiotech has invited medical professionals and partners from Indonesia and Singapore to showcase its research and development (R&D) capabilities and production facilities. The company aims to strengthen its presence in the international market for K-probiotics through expanded collaboration with global healthcare providers.On July 29, Cellbiotech announced that it hosted 64 key doctors and partners from Indonesia and Singapore at its headquarters in Gimpo, where they were introduced to the co July 29, 2026