China Sees Surge in New-Car Launch Events Ahead of Beijing Auto Show M6 and All-New M9, Shangjie Z7, and Zhijie V9. Those were among the models Huawei’s smart-driving ecosystem alliance, Hongmeng Zhixing, unveiled at a product event on April 22. That same day also brought debuts or launches of about 10 models, including Avatr’s 06T, Shanghai GM Buick’s Zhijing E7, Cadillac’s VISTIQ and BMW’s iX3 long-wheelbase model. In the four days leading up to the Beijing Auto Show’s opening on the 24th, from April 20 to 23, there were 30 new-car-related events alone. April 23, 2026

Interior Minister Yoon Ho-jung inspects crackdown on illegal stream facilities in Seoul Insu Stream in Seoul’s Gangbuk district has long been packed during peak outing season, with platforms crowded by visitors and sunshades strung overhead, leaving the waterway constricted and the valley effectively turned into a commercial space. On the morning of the 23rd, Yoon Ho-jung, South Korea’s minister of the interior and safety, visited the Insu Stream area in Ui-dong. The scene had changed, but the cleanup was not finished. Yoon looked toward sections still being dismantled: April 23, 2026

Saikyo Bank Opens First Overseas Unit in Indonesia to Boost Hiring Support Saikyo Bank said April 21 that it has established a local subsidiary in Jakarta, Indonesia, called Saikyo Consulting Indonesia. It is the bank’s first overseas entity and will support client companies’ recruitment of Indonesian talent and their expansion into the country. The subsidiary was set up April 17 with capital of 2.749 billion rupiah (about 25 million yen) and is wholly owned by the Saikyo Bank group. Through the local unit, the bank plans to strengthen support for hir April 23, 2026

Daewoo E&C Opens 2026 First-Half Hiring for Entry-Level Employees Daewoo Engineering & Construction has opened public recruitment for entry-level employees for the first half of 2026, the company said on the 23rd, citing efforts to strengthen organizational competitiveness and lay the groundwork for future growth. Applications will be accepted from the 23rd through May 6 on the company’s recruitment website. Openings are in architecture, civil engineering, plant and nuclear power, and safety. The company plans to hire more than about 70 people. T April 23, 2026

Joo Ho-young Says He Won’t Run in Daegu Mayor Race After PPP Cutoff Rep. Joo Ho-young, who was cut from the People Power Party’s primary for Daegu mayor in the June 3 local elections, said Wednesday he will not run in the race. Speaking at a news conference at the National Assembly, Joo said, “I have decided not to run in this June 3 local election.” He also voiced disappointment over a court decision the previous day rejecting his appeal of an injunction request to suspend the cutoff’s effect. Joo said the court “cowardly stepped back behind the words April 23, 2026

South Korea’s Youth Future Savings Plan to Offer Tax-Free Interest Up to 75 Million Won in Salary The South Korean government has finalized key details of its planned “Youth Future Savings Plan,” expanding the income threshold for benefits to 75 million won in annual salary and adopting a three-tier support structure that differs from the existing Youth Leap Account. On April 23, the Financial Services Commission said it shared the product structure and eligibility standards at a pre-launch review meeting held the previous day. The plan is a three-year, flexible installment s April 23, 2026

Showa Sangyo Launches Tempura Flour Tailored for Vietnam Market Showa Sangyo, a food company that produces flour and other products, held an opening ceremony on the 22nd for its local unit, Showa Sangyo International Vietnam, at a hotel in central Ho Chi Minh City. The company invited local media and influencers and unveiled a premixed tempura flour made at its Vietnam factory, highlighting adjustments in flavor and color to suit Vietnamese tastes. At the event, the company held cooking demonstrations and tastings using tempura flour produced at the f April 23, 2026

Shinhan Investment posts 288.4 billion won Q1 net profit on stock market boom Brokerages have begun reporting first-quarter results, and Shinhan Investment was among the first, posting a sharp jump in profit as a stock market rally lifted trading activity. Other securities firms are also expected to report strong gains. Shinhan Investment said Thursday its first-quarter net profit rose 167.4% from a year earlier to 288.4 billion won. Operating profit climbed 228.5% to 386.4 billion won. Operating revenue increased 90.2% to 701.5 billion won, while operating expense April 23, 2026

Lee Jae-myung housing policy faces doubts as permits fall and non-apartment supply dries up With the Lee Jae-myung government nearing its first anniversary, questions are growing over whether its core real estate approach — expanding housing supply — can deliver results. Critics say the supply structure itself is weakening, with private-sector permits cut roughly in half and construction of non-apartment housing such as multi-family and multiplex homes effectively halted. Democratic Party lawmaker Lee Yeon-hee held a forum at the National Assembly Members’ Office Building on the April 23, 2026

Hong Joon-pyo Slams Chosun Ilbo Over Call for Jang Dong-hyeok to Step Down Hong Joon-pyo, former mayor of Daegu, criticized the Chosun Ilbo after it urged People Power Party leader Jang Dong-hyeok to resign, saying the times have changed. In a Facebook post on the 22nd, Hong said he had read a column by what he called a conservative media outlet calling for Jang to step down, adding that it contained “many correct points.” Chosun Ilbo ran a column titled “Chairman Jang Dong-hyeok, Now Is the Right Time to Step Down.” Hong responded by asking who was responsible April 23, 2026