Ruling Party Candidates Express Concerns Over Speaker's Comments on Presidential Term Limits Following comments made by National Assembly Speaker Cho Jung-sik on July 28 regarding the potential for an incumbent president to seek re-election, candidates for the leadership of the Democratic Party expressed their unease.Candidate Kim Min-seok stated on Facebook on July 29 that "amending the constitution to allow for the re-election of an incumbent president is unrealistic," adding that it is "constitutionally impossible and has been confirmed multiple times by President Lee Jae-myung. This July 29, 2026

Increased Market Volatility Drives Demand for Stable Investments in Real Estate As uncertainty in domestic and international financial markets grows, demand for stable investment options is increasing. With financial assets like stocks showing significant volatility depending on market conditions, there is a noticeable shift towards preserving asset value through real estate.In the real estate market, apartments with strong location and brand competitiveness are being viewed as relatively stable assets amid economic fluctuations. Their tangible nature, along with factors su July 29, 2026

China's Ai Sheng Na Achieves Milestone in Domestic DUV Development China has successfully localized the development of immersion DUV (deep ultraviolet) lithography equipment, with the manufacturer identified as Ai Sheng Na, established in Shanghai.According to Reuters, citing anonymous sources, the state-owned Ai Sheng Na Electronic Technology Group is recruiting experts in lithography to produce immersion DUV systems.Founded in August 2023, Ai Sheng Na has a capital of 7 billion yuan (approximately $1.5 billion). Shanghai Micro Electronics Equipment (SMEE) and July 29, 2026

Samsung Card Launches Premium Partnership Card with Porsche Samsung Card has introduced a premium partnership card aimed at Porsche customers, enhancing its outreach to high-end clients.On July 29, Samsung Card announced the launch of the 'Porsche Samsung Card.' The card offers a 100,000 won discount gift that can be used twice a year at Porsche official service centers, department stores, airlines, hotels and resorts, and golf facilities.Customers using Porsche official service centers can earn 4% in Samsung Card points on payments for repairs, warranti July 29, 2026

Woori Bank Offers Customized Tax Savings Strategies in Employee Training Woori Bank is enhancing its employees' consulting capabilities regarding tax-saving products such as Individual Savings Accounts (ISA) and Individual Retirement Pensions (IRP).On July 29, Woori Bank announced that it will conduct practical training on tax-saving products for all employees over the course of about a month, visiting 26 regional headquarters nationwide.The training will be led by asset management (WM) experts from the headquarters, who will visit sales sites directly. They will sha July 29, 2026

One in Five Immigrants in the U.S. is from Mexico, Making Up 40% of Unauthorized Residents More than one in five immigrants living in the United States is from Mexico, which accounts for 40% of unauthorized immigrants. According to a report by the Mexican daily La Jornada, citing an analysis from the Migration Policy Institute (MPI), there were approximately 11.1 million Mexican-born immigrants residing in the U.S. as of 2024.This figure represents 22% of the total 50.2 million immigrants in the country, making it the largest group by country of origin.The number of Mexican immigrants July 29, 2026

ELN&F Signs Long-Term Supply Agreement for LFP Cathodes with CoreShell Technology Global battery materials company ELN&F announced on July 29 that it has signed a long-term supply agreement for lithium iron phosphate (LFP) cathodes with U.S. battery technology firm CoreShell Technology.This agreement comes amid a market environment where the origin, supply chain, and regulatory requirements for battery materials are increasingly stringent in the United States.ELN&F successfully secured this contract based on its capability to supply LFP cathodes that comply with U.S. supply c July 29, 2026

BYD, the World's Leading Electric Vehicle Maker, Enters Humanoid Robotics BYD, the world's largest electric vehicle manufacturer, is entering the humanoid robotics industry. Given BYD's strong manufacturing base, significant disruption is expected.On July 29, BYD announced that it plans to unveil a humanoid robot in early August, stating, "A new friend wants to meet you." In June, BYD Vice President Li Ke mentioned in an interview with local media that the company is currently developing humanoid robots. He stated, "Our goal is to place two to three humanoids at BYD v July 29, 2026

Kolon Industries Establishes PU Synthetic Leather Production Line in Gimcheon Kolon Industries is expanding its portfolio of automotive interior materials by establishing a PU (polyurethane) synthetic leather production line.The company announced on July 29 that it held a completion ceremony for the PU production line at its Gimcheon plant on July 28. Kolon invested approximately 24 billion won to build the synthetic leather production system over about 17 months, from February of last year to June of this year.PU synthetic leather replicates the texture and feel of natur July 29, 2026

Sampyo Industries Unveils Special Concrete Technology for Extreme Weather Conditions Sampyo Group has unveiled special concrete technology designed to withstand extreme weather conditions such as heat waves and heavy rainfall.On July 27, Sampyo Industries, a subsidiary of Sampyo Group, held a performance verification demonstration for its rain-casting concrete 'Bluecon Rain Okay' and high-temperature resistant concrete 'Bluecon Keep Slump' at the Sampyo Technology Research Institute in Hwaseong, Gyeonggi Province.The demonstration aimed to verify whether the two products can mai July 29, 2026