Houthi Attacks Disrupt Saudi Oil Exports, Traffic Through Bab el-Mandeb Plummets The Houthi rebels in Yemen have intensified attacks targeting Saudi Arabia's oil exports, leading to a significant drop in vessel traffic through the Bab el-Mandeb Strait, a crucial gateway in the Red Sea.According to shipping analytics firm Kepler, only 11 cargo ships passed through the Bab el-Mandeb Strait on July 26, the lowest number in recent months. Among these, 7 were oil tankers.Since declaring a maritime blockade on July 20 aimed at Saudi oil exports, the Houthis have escalated threats July 27, 2026

Go Woo-seok Receives 10-Game Suspension for Foreign Substance Violation Go Woo-seok has been suspended for 10 games after a foreign substance was found on his glove in the U.S. minor leagues.According to reports from Minnesota media outlets Pioneer Press and Star Tribune on July 27, the Major League Baseball (MLB) office confirmed the suspension for Go Woo-seok.Go was inspected by umpires before his relief appearance during a home game against the Columbus Clippers, a minor league affiliate of the Cleveland Guardians, on July 25.MLB and minor league regulations stri July 27, 2026

Hanssem Launches Customizable 'Rube Modular Sofa' for Newlyweds Hanssem has announced the launch of its 'Rube Modular Sofa,' designed to reflect the lifestyle and preferences of newlyweds.The new product features a design tailored to newlyweds, significantly improving the seating comfort and ease of cleaning, which are common drawbacks of traditional modular sofas, the company stated.It incorporates a floating base design that gives the appearance of being suspended, along with a bright ivory color and a luxurious fabric texture.Notably, the sofa uses gradie July 27, 2026

KOSPI Opens Higher but Turns Lower Amid Foreign Selling, Stands at 6630 The KOSPI started the day with gains but reversed course as foreign selling intensified. Despite buying from retail and institutional investors, the index continued to weaken around the 6630 mark.According to the Korea Exchange, as of 1:16 PM, the KOSPI was down 60.35 points (0.90%) at 6630.27. The index opened at 6806.27, up 115.65 points (1.73%) from the previous trading day, but subsequently lost all its gains and deepened its decline.In the securities market, retail and institutional investo July 27, 2026

KB Kookmin Bank Launches Group Purchase Time Deposit with Up to 3.3% Interest KB Kookmin Bank has introduced a special deposit product aimed at attracting customers who seek higher interest rates through collective participation. The bank announced on July 27 that it has launched the '2026-1st Group Purchase Time Deposit' and begun sales.This product is a 'participatory financial product' that offers greater benefits as more customers join to reach a target amount.The minimum investment is 1 million won, with a maximum of 20 million won, and the deposit term is either 6 o July 27, 2026

Civilian Deaths in Ukraine Reach 377 Amid Intensified Russian Airstrikes As Russian airstrikes intensify, civilian casualties in Ukraine this month have reached their highest level since the early days of the full-scale war in 2022.CNN reported on July 26, citing Ukrainian government figures, that at least 377 civilians have died and 2,129 have been injured due to Russian attacks this month. The total number of casualties stands at 2,506, marking the highest monthly toll since April 2022. This figure is a preliminary count from the Ukrainian government and has not be July 27, 2026

Noroo Paint Participates in UK Farnborough Airshow, Showcasing Aerospace Material Technology Noroo Paint announced on July 27 that it participated in the 'Farnborough Airshow 2026' held in Hampshire, UK, from July 20 to 24.The Farnborough Airshow is a major aerospace exhibition featuring over 1,400 aerospace companies and organizations from more than 40 countries. It is considered one of the top three aerospace exhibitions in the world, alongside the Paris Airshow and Singapore Airshow.Noroo Paint participated in the Korean Pavilion, organized by the Korea Aerospace Industries Associati July 27, 2026

President Lee: New Light Accelerator Construction Will Boost Regional Growth in Cheongju President Lee Jae-myung stated that the construction of the Korea New Light Accelerator, a so-called 'fourth-generation synchrotron radiation accelerator,' has officially begun. He emphasized that with this world-class research infrastructure, Cheongju in North Chungcheong Province will emerge as a new hub for regional-led growth.On social media platform X (formerly Twitter), President Lee wrote, "The New Light Accelerator, which will lead the future of South Korea's science and technology and a July 27, 2026

Celltrion Reports Record Q2 Revenue of 1.4 Trillion Won Celltrion achieved record quarterly revenue, marking significant growth in both sales and profits.On July 27, Celltrion announced that its consolidated revenue for the second quarter reached 1.39 trillion won, with an operating profit of 451.8 billion won. This represents a 45% increase in revenue and an 86.3% rise in operating profit compared to the same period last year. The operating profit margin improved to 32.4%, up 7.2 percentage points from a year earlier.The improvement in performance i July 27, 2026

Seoul Education Office Strengthens Public Education Support Amid Confusion Over Student Records Amid growing confusion among students and parents due to recent legal changes restricting the commercial use of student records, the Seoul Metropolitan Office of Education is establishing a robust college admission support system centered on public education. The initiative aims to alleviate anxiety for students and parents by providing reliable college admission information and personalized one-on-one counseling without the need for expensive private consulting. The Education Research Informati July 27, 2026