Conflict Peaks Ahead of Democratic Party's Delegate Voting The Democratic Party of Korea is facing heightened internal conflict as it approaches the delegate voting for its convention scheduled for August. Candidates Kim Min-seok and Song Young-gil have been vocal about their dissatisfaction with Jeong Cheong-rae's leadership over the past year, while Jeong has repeatedly referenced the Shincheonji controversy in his defense.On July 27, the candidates continued their sharp exchanges, particularly as the voting for party delegates is set to begin on July July 27, 2026

Samsung Electronics Faces Internal Conflict Over Performance Bonuses Internal conflict surrounding Samsung Electronics' special management bonuses is escalating. As dissatisfaction grows over disparities in performance bonuses across divisions and the union's negotiation methods, tensions have spilled over into intra-union conflicts.Recently aired on KBS's 'Tracking 60 Minutes,' a segment titled 'Performance Bonus Class Society: Am I the Only One Getting Poorer?' highlighted the widening gap in bonuses between the DS (semiconductor) and DX (device experience) div July 27, 2026

GS25's High-Protein Kimbap Sales Reach 1.5 Million in Three Months Convenience store GS25 has reported that its high-protein kimbap has surpassed 1.5 million units in sales just three months after its launch.On July 27, GS25 announced that the cumulative sales of its tuna egg kimbap and egg mentaiko mayo kimbap have exceeded 1.5 million units since their introduction in April.Each of these products contains approximately 15 grams of protein, targeting consumers looking for a convenient meal option that also provides protein. During the same period, the sales of July 27, 2026

Fed Likely to Hold Interest Rates Steady Despite Surge in Oil Prices Despite a surge in international oil prices raising the possibility of an interest rate hike by the Federal Reserve, analysts suggest that the Federal Open Market Committee (FOMC) is likely to keep rates steady in July.According to Investing.com and TheStreet on July 26, the Fed will meet on July 28-29 to decide on interest rates. As of 4 p.m. Korean time on July 27, the CME FedWatch Tool, which tracks market expectations for Fed rate changes, indicated a 68.5% chance of maintaining the current July 27, 2026

Dongkuk Steel's Direct Employment of 971 Workers Boosts Competitiveness As the steel industry grapples with labor disputes over the direct employment of subcontracted workers, Dongkuk Steel has established stable labor relations after directly hiring 971 employees from partner companies in 2023. This year, the company also achieved an early resolution of wage and collective bargaining agreements in March, marking a record 32 consecutive years of conflict-free negotiations.Dongkuk Steel attributes its unique labor relations to '72 years of communication and trust.' I July 27, 2026

Wall Street Advises to Sell U.S. AI Stocks and Invest in China As global tech stocks face a correction, international investors are being advised to increase their exposure to China's AI industry.Notable Wall Street investors, including Michael Burry, Citigroup, Goldman Sachs, Allianz, and Quantum Strategies, have expressed positive outlooks on the Chinese stock market, according to the Shanghai Securities News on July 27. The report noted that foreign investors are expanding their stakes in Chinese assets amid a global market correction this month.Michael July 27, 2026

Shinsegae Department Store Wins Three Red Dot Design Awards for Second Consecutive Year Shinsegae Department Store has received three prestigious awards at the Red Dot Design Award 2026 for its projects that creatively express Korean holiday culture, store spaces, and food content through design. On July 27, Shinsegae announced that its holiday campaign, main store rebranding project, and the wellness market 'Twelve' at House of Shinsegae Cheongdam each won an award in the brand and communication design category. The Red Dot Design Award is an international design competition organ July 27, 2026

Lack of Standard Criteria for New Borrowers Complicates Loan Comparisons Differences in how banks classify new borrowers, known as 'new fileers,' have made it difficult to objectively compare loan performance. Financial authorities have not established common reporting standards, leading to varying definitions and scopes for new fileers across banks. According to data submitted by major banks to Kim Hyun-jung, a lawmaker from the Democratic Party, the number of new fileer loans at key banks has generally increased over the past year. KB Kookmin Bank reported an incr July 27, 2026

UN Commander: Armistice Agreement Contributed to Peace and Stability on the Korean Peninsula for 73 Years Javier Brunson, the US Forces Korea Commander and UN Commander, stated on the anniversary of the Korean War Armistice Agreement on July 27 that "the armistice agreement is not a peace treaty, but it has provided a framework that has contributed to maintaining peace and stability on the Korean Peninsula for the past 73 years." In a post on social media platform X, Brunson honored the 22 countries that sacrificed together to protect freedom and the security of South Korea, saying, "These veterans July 27, 2026

Deutsche Motors Reports 8% Increase in First Half Operating Profit, Boosted by BYD Growth Deutsche Motors announced on July 27 that it achieved sales of 710.9 billion won and an operating profit of 12.9 billion won in the second quarter of this year.While sales increased by 8.6% compared to the same period last year, operating profit saw a decline of 6%.However, for the first half of the year, cumulative sales reached 1.3483 trillion won, and operating profit was 23.4 billion won, marking increases of 9.4% and 7.8%, respectively, compared to the same period last year.A representative July 27, 2026