Fuel Tax Cut Extension in Question Amid Rising Oil Prices As international oil prices have surpassed $100 per barrel, attention is turning to whether the government will extend the fuel tax cut set to expire at the end of this month. The government plans to decide on the tax adjustment by considering the oil price ceiling and trends in international oil prices. However, there are calls to reassess the tax rates and adjustment methods, as the temporary fuel tax cut introduced in 2021 has effectively continued for nearly five years.According to the Minis September 14, 2026

South Korean Prime Minister Comments on Yoon Hye-in's Resignation 한성숙 국무총리는 14일 용혜인 성평등가족부 장관 후보자의 자진 사퇴에 대해 “청문회 과정을 거치면서 본인의 생각들이 정리되는 부분이 있었을 것”이라며 후보자 스스로 내린 결정이라는 입장을 밝혔다. 한 총리는 이날 국회 교육·사회·문화 분야 대정부질문에서 서범수 국민의힘 의원의 질의에 이같이 답했다. 서 의원은 앞서 낙마한 이진숙·강선우 장관 후보자에 이어 용 후보자도 물러난 점을 거론하며, 후보자들이 각 부처가 지켜야 할 핵심 가치에 부합하지 못한 것 아니냐고 따졌다. 이 September 14, 2026

Korea's Food and Drug Administration Donates 5 Million Won to Jecheon Ahead of Chuseok The Korea Food and Drug Administration announced on September 14 that it has donated 5 million won to Jecheon City, a sister city, to support those in need ahead of the Chuseok holiday.On this day, officials from the agency visited Jecheon City Hall and contributed the entire amount of a reward received for being selected as an excellent institution for performance management in 2025. Kim Yong-jae, the Deputy Commissioner of the Korea Food and Drug Administration, visited the Jecheon Naeto Marke September 14, 2026

Mokpo City Council Delays Review of Coalition Group Ordinance The Mokpo City Council's proposed ordinance to institutionalize the activities of minority parties and independent lawmakers has been postponed at the committee level.According to the Mokpo City Council, the ordinance titled 'Ordinance on the Formation and Operation of Coalition Groups in the Mokpo City Council,' introduced by Councilman Park Yong-jun, was put on hold during the 408th Operations Committee meeting held on September 11.This ordinance was designed to establish necessary provisions September 14, 2026

Musinsa to Advance 130 Billion Won in Payments Ahead of Chuseok Holiday Musinsa will expedite payments to help its partner brands manage cash flow and stabilize operations ahead of the Chuseok holiday.On September 14, Musinsa announced it will advance a total of 130 billion won in settlement payments to over 10,000 partner companies operating on its platform and the '29CM' online store.Typically, Musinsa processes payments for confirmed orders from the 1st to the end of each month on the 10th of the following month. However, considering that this year's Chuseok holi September 14, 2026

Kingnet Invests 400 Billion Won in Wemade's Management Acquisition Chinese gaming company Kingnet Network is investing approximately 400 billion won in the acquisition of Wemade's management. Kingnet, which has been embroiled in a legal dispute with Wemade over the 'Mir' intellectual property (IP) for nearly a decade, is now moving to acquire the company.On September 14, Wemade announced that a consortium of investors, including NeoPulse and Kingnet, is proceeding with the necessary steps for the transaction's completion, including payment of the remaining bala September 14, 2026

KRX Aftermarket Launches with High Trading Volume in Photonics Sector The Korea Exchange (KRX) launched its aftermarket on September 14, allowing investors to continue trading in high-volume stocks such as photonics and light electronics. With real-time trading available after regular market hours, the domestic stock market will operate until 8 p.m. starting today.As of 4:50 p.m., the top traded stock on the KOSPI was photonics, with approximately 28.92 million shares changing hands. Photonics was trading at 10,270 won, up 30.00% from the previous trading day. Sam September 14, 2026

Korea Railroad Corporation Invites Private Proposals for Development of Idle Land The Korea Railroad Corporation has partnered with the private sector to discover innovative development plans.On September 14, the corporation announced it will solicit private proposals to utilize idle railway land near Centum Station and Geoje Station, aiming to promote local revitalization.The targeted sites include approximately 6,600 square meters in Jae-song-dong, Haeundae District, Busan, and about 7,500 square meters in Geoje-dong, Yeonje District, Busan. The corporation plans to explore September 14, 2026

Public Housing: Beyond Supply to Community Support as SH, GH, and iH Collaborate As South Korea faces challenges from an aging population, low birth rates, and an increase in single-person households, discussions are underway to expand the role of public housing beyond mere supply to include care and community support.The Seoul Housing and Communities Corporation (SH) announced that it will host a joint seminar with the Gyeonggi Housing and Communities Corporation (GH) and the Incheon Housing Corporation (iH) on September 18 at 3 p.m. in the Ferum Hall on the third floor of September 14, 2026

How to Profit from Inflation? Who Benefits from Inflation?=Shin Hwan-jong, Forest Books. Shin Hwan-jong, a financial expert with over 20 years of experience in the bond and credit markets, argues in his book Who Benefits from Inflation? that the focus should not be on "how much will prices rise?" but rather on "who benefits from inflation?" Inflation is often likened to a 'silent thief.' While the numbers in bank accounts remain the same, the purchasing power of that money gradually diminishes. For instance, a cup of Am September 14, 2026