Record Tax Revenue from Semiconductors Fuels 800 Trillion Won Budget for 2027 The semiconductor supercycle is expected to boost the national treasury to unprecedented levels next year. The government plans to draft a 'super budget' exceeding 800 trillion won, based on tax revenue surpassing 500 trillion won. However, concerns are rising that relying on increased tax revenue from semiconductor companies could lead to a fiscal cliff if rigid expenditures are also expanded.According to relevant departments on July 27, next year's national tax revenue is projected to exceed t July 27, 2026

Prime Minister Calls for Expanded Youth Housing Policies and Reduced Loans for Non-Residents During a real estate policy forum held on July 27, Prime Minister Han Seung-soo emphasized the need to expand mortgage supply for young homebuyers and to reduce lease loans for non-resident homeowners.At the forum, which took place at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul, Kim Young-do, a senior researcher at the Korea Financial Research Institute, stated, "It is necessary to expand policy mortgage support and increase loan availability for the youth." He also noted the im July 27, 2026

Stock Prices Drop 30%, Yet Target Prices Remain Doubled Stock prices have fallen more than 30% in the past month, but analysts' target prices remain unchanged. Major stocks, including Samsung Electronics and SK Hynix, show a significant gap between current prices and target prices, which are more than double the current levels.According to financial information provider FnGuide on July 27, a comparison of stock prices and target prices for the top 10 market capitalization companies over the past month (from June 24 to July 24) revealed that Samsung E July 27, 2026

Korean Party Begins Disciplinary Procedures Against Three Lawmakers 국민의힘 중앙윤리위원회가 27일 조경태 의원과 진종오 의원, 권영진 의원에 대한 징계 절차를 개시했다. 윤리위는 이날 오후 비공개로 회의를 열고 이같이 의결했다고 보도자료를 통해 밝혔다. 회의는 재적위원 5명 중 3명만 참석한 채 진행됐다. 당초 소수 인원 참석으로 이날 징계 개시가 이뤄지지 않을 것으로 예상됐으나 의결정족수를 채워 의결을 강행한 것으로 보인다. 6선으로 당내 최다선인 조경태 의원은 국민의힘 몫 국회부의장을 선출하는 과정에서 더불어민주당 등 다른 당 의원들에게 박덕흠 국회부의장의 낙선 전화 July 27, 2026

Debate on Distribution Law Resurfaces as Delivery Regulations Face Overhaul Discussions on amending the Distribution Industry Development Act, which has restricted large supermarkets for 14 years, are gaining momentum. With the formation of the 22nd National Assembly's second half and the government's efforts to gather opinions from the distribution sector, there are expectations for accelerated reform. However, strong opposition from small business owners concerned about local market impacts is anticipated during the legislative process. According to industry sources July 27, 2026

Banks Face Rising Costs in Developing Alternative Credit Assessments As financial authorities push for greater access to credit through alternative credit assessments, banks are facing increased costs. Each bank is responsible for developing and operating models that utilize non-financial data, raising concerns about the financial burden without clear standards or common infrastructure. According to the financial sector on July 27, major banks are developing their own alternative credit assessment models to evaluate the repayment ability of customers with limite July 27, 2026

Dong-A Socio Holdings Reports 38.3% Increase in Q2 Operating Profit Driven by Growth in Dong-A Pharmaceutical and Yongma Logistics Dong-A Socio Holdings has reported double-digit growth, driven by the performance of its key subsidiaries, Dong-A Pharmaceutical and Yongma Logistics.On July 27, Dong-A Socio Holdings announced that its consolidated revenue for the second quarter reached 412.4 billion won, with an operating profit of 39 billion won. Revenue increased by 18.9% compared to the same period last year, while operating profit rose by 38.3%.Dong-A Pharmaceutical, a healthcare specialist, saw its revenue grow by 25.7% t July 27, 2026

YouTuber Baek Jin-kyung's Past Photos Spark Online Buzz YouTuber Baek Jin-kyung, known for her role as an honorary British figure, is drawing attention due to her past photos. Her recent revelations about her experiences during a working holiday in the United States have further piqued the interest of netizens.On July 27, a post featuring Baek Jin-kyung's past photos surfaced on an online community.The images showcase Baek Jin-kyung posing confidently, highlighting her glamorous figure. Notably, her curvaceous body caught the eye of many.Additionally July 27, 2026

Heat Wave Continues with Highs Reaching 39 Degrees; Showers Expected in Central Regions On Tuesday, July 28, a heat wave and tropical nights are expected to persist across most of the country.According to the Korea Meteorological Administration on July 27, the perceived temperatures will exceed 33 degrees Celsius in most areas, with southern regions reaching above 35 degrees.In particular, extreme heat is anticipated in Jeonnam's Gwangyang, Daegu (excluding Gunwi), Gyeongbuk's Gyeongsan, Cheongdo, Goryeong, Pohang, Gyeongju, and Gyeongnam's Yangsan, Changwon, Gimhae, Miryang, Uirye July 27, 2026

CXMT Soars 476% on First Day of Trading, Plans 27 Trillion Won Investment in HBM China's largest DRAM manufacturer, CXMT (Changxin Memory Technologies), made its debut on the Shanghai Stock Exchange on July 27, achieving a remarkable milestone by becoming the top company by market capitalization in mainland China.CXMT (688825.SH) was listed on the STAR Market, issuing 6.688 billion new shares at an initial price of 8.66 yuan, raising 57.9 billion yuan. If the overallotment option is fully exercised within a month, the total fundraising could reach up to 66.6 billion yuan (ap July 27, 2026