LS Cable and LS Marine Solutions Showcase Eco-Friendly Power Grid Technology LS Cable and LS Marine Solutions are presenting power grid technology that delivers electricity generated from renewable energy to demand centers, along with recycling technology that transforms waste cables back into resources. The companies are expanding their business scope beyond supplying and installing underwater cables to include eco-friendly materials and resource circulation, targeting the entire power infrastructure needed for energy transition.LS Cable and LS Marine Solutions announce September 16, 2026

2026 College Scholastic Ability Test Results Show Graduates Outperform Current Students In the 2026 College Scholastic Ability Test (CSAT), graduates (N students) achieved average standard scores that were 13.3 points higher in Korean and 12.1 points higher in math than current students. The proportion of top grades (1st and 2nd levels) also showed that graduates significantly outperformed current students across all subjects, highlighting a clear advantage for N students. Additionally, students from private schools, all-boys schools, and urban areas exhibited a strong presence in September 16, 2026

Chun Ha-ram Questions Defense Minister Nominee Kang Shin-cheol on Special Housing Allocations During a confirmation hearing on September 16, Chun Ha-ram, a lawmaker from the Reform Party, questioned Kang Shin-cheol, the nominee for Defense Minister, about allegations regarding special housing allocations for his family, referring to them as "Kang Shin-cheol evictees." Kang responded that he had not heard of this term and believed he had received "just compensation" for the allocations.Chun criticized Kang for claiming he was unaware of the term "special housing allocation" during the hea September 16, 2026

Audit Reveals Presidential Office Pushed for Early Drilling in East Sea 대통령실이 동해 심해 가스전의 시추 일정을 당시 대통령 임기 안으로 앞당기라고 요구한 것으로 감사원 감사 결과 드러났다. 한국석유공사는 유망성평가 결과를 충분히 검증하지 않은 상태에서 이른바 ‘대왕고래’ 사업의 시추를 추진하고, 국가계약법을 위반해 용역업체를 선정한 것으로 조사됐다. 감사원은 16일 이 같은 내용을 담은 ‘동해 심해 가스전 사업 관련 공익감사청구’ 감사 결과를 공개했다. 이번 감사는 산업통상부가 지난해 10월 유망성평가 업체 선정과 시추사업 결정·발표 과정 등에 대해 공익감사를 청구함에 따라 시 September 16, 2026

Second Round of Youth Future Savings Applications Opens October 7 The second round of applications for the Youth Future Savings program will begin on October 7. Existing Youth Transition Account holders will have the opportunity to switch to the Youth Future Savings program.The Financial Services Commission and the Korea Inclusive Finance Agency announced on September 16 that the application period for the second round of the Youth Future Savings program will run from October 7 to 16, aimed at expanding asset formation opportunities for young people.On October September 16, 2026

19 Major Construction Firms Increase Subcontractor Prices by 107.7 Billion Won Nineteen major construction companies will raise the prices paid to subcontractors by a total of 107.7 billion won due to challenges posed by the Middle East conflict and rising raw material costs. This increase represents approximately 80% of the amount promised for this year, and regulatory authorities will monitor the implementation of the cooperation agreement through a public-private consultative body.The Fair Trade Commission held a meeting on September 16 at the Specialized Construction H September 16, 2026

Bank of Korea Revamps Foreign Asset Management Strategy for Domestic Firms The Bank of Korea is significantly overhauling its foreign asset management portfolio for domestic asset management firms, shifting from a focus on quantitative support to enhancing the operational capabilities and qualitative growth of these firms.In a plan announced on September 16, the Bank of Korea stated that due to a surge in private sector investments in overseas stocks, the need for policy support for passive overseas stock management has diminished. Consequently, the bank will reduce it September 16, 2026

German Bundestag Delegation Visits South Korea's National Tax Service to Discuss Digital Tax Administration A delegation of lawmakers from the German Bundestag's Finance Committee visited South Korea's National Tax Service (NTS) for the first time to share experiences on digital tax administration, including the use of Home Tax and artificial intelligence (AI), and to discuss ways to enhance tax cooperation between the two countries.According to the NTS, Commissioner Lim Kwang-hyun met with Christian Görke, the acting chair of the German Bundestag's Finance Committee, and other members on September 15 September 16, 2026

Labor Inspectors Prepare for Independent Investigative Authority The labor authorities are set to establish an independent investigative authority for labor inspectors on October 2. They will reorganize the investigative command structure and review procedures at local offices. This includes the preparation of an investigative manual and separate investigative regulations, as well as plans to establish a specialized training institution for inspectors.The Ministry of Employment and Labor announced on September 16 that it will hold regional briefings for 49 lo September 16, 2026

Insurance Companies' Solvency Ratio Declines for First Time in Five Quarters 보험사 건전성 지표인 지급여력비율(K-ICS)이 2분기 소폭 하락했다. 주가 상승으로 가용자본이 크게 늘었지만 주식위험액 증가로 요구자본도 함께 확대된 영향이다. 16일 금융감독원에 따르면 지난 6월 말 보험사의 경과조치 적용 후 지급여력비율은 215.2%로 전분기 대비 0.8%포인트(p) 하락했다. 지급여력비율은 보험사의 가용자본을 요구자본으로 나눈 재무건전성 지표다. 보험사가 예상치 못한 손실을 감당할 수 있는 자본을 얼마나 확보하고 있는지를 보여준다. 생명보험사는 206.8%로 전분기보다 0.7%p 하락한 반면 손해보험사 September 16, 2026