Hyundai Steel and Subsidiaries Reach Labor Agreement Under New Law Hyundai Steel and its subsidiaries have signed a collective agreement through primary-subcontractor negotiations, marking the first instance since the implementation of the Yellow Envelope Law (revised labor union law).On September 10, the Ministry of Employment and Labor announced that Hyundai Steel and four of its subsidiaries—Hyundai ITC, Hyundai IEC, Hyundai IMC, and Hyundai ISC—signed the "2026 Primary-Subcontractor Negotiation Agreement" at the Hyundai Steel plant in Dangjin. This is the f September 10, 2026

SK Gas Shares Rise Nearly 5% on Increased Profit Outlook from Ulsan GPS SK Gas shares rose nearly 5% during trading on expectations of increased profits from the Ulsan GPS power generation project and a recovery in its liquefied petroleum gas (LPG) business.According to the Korea Exchange, as of 1:24 PM, SK Gas was trading at 254,500 won, up 12,000 won (4.95%) from the previous trading day.Analysts predict that the expansion of profits from Ulsan GPS's power generation business will continue to improve SK Gas's performance. Yuanta Securities forecasts that operating September 10, 2026

Hyundai Engineering Selected for Energy Projects in Yongin and Shin Honam Hyundai Engineering is achieving significant milestones in the energy sector. On September 10, Hyundai Engineering announced that it has been selected as the preferred bidder for the 'Yongin Combined Heat and Power Plant Construction Project' commissioned by Korea Midland Power and SK Innovation E&S, as well as the 'Shin Honam Combined Cycle Power Plant Construction Project' commissioned by Korea East-West Power. The 'Yongin Combined Heat and Power Plant Construction Project' involves the establ September 10, 2026

Apartment Move-In Outlook Declines Amid Loan Regulations in South Korea This month, the outlook for apartment move-ins across the country has declined. In the metropolitan area, the drop was more pronounced due to a slowdown in transactions and an increase in wait-and-see attitudes following stricter real estate regulations on loans and taxes.On September 10, the Korea Housing Industry Institute (KHI) reported that the national apartment move-in outlook index for September is 87.6, a decrease of 6.8 points from the previous month.The move-in outlook index predicts w September 10, 2026

Law Firm YK Launches Class Action Over Data Breach at Gangnam Unni The beauty medical platform Gangnam Unni has experienced a data breach affecting approximately 220,000 personal records, prompting a major law firm in South Korea to initiate a class action lawsuit. Attention is now focused on the court's ruling regarding the leak of consultation and treatment information.On September 10, legal sources reported that law firm YK has filed a damages lawsuit against Healing Paper, the operator of Gangnam Unni, and is recruiting affected members to join the plaintif September 10, 2026

Damyang County Mayor Park Jong-won Engages with Residents in September Park Jong-won, the mayor of Damyang County, began his 'Dialogue with Residents' initiative on September 9.According to Damyang County in Gwangju, Mayor Park will visit 12 towns and villages from September 9 to 29 to hear local voices.On the first day in Damyang-eup, he discussed key local issues with residents, including recovery from heavy rain damage, flood prevention, and waste management facilities.Mayor Park and county officials listened to residents' suggestions and explained the administr September 10, 2026

Korea Maritime Promotion Corporation Reduces Financial Burden for Panstar Miracle Cruise The Korea Maritime Promotion Corporation recently announced the refinancing of its debt guarantee for the Panstar Miracle cruise ferry, which operates on the Busan-Osaka route, converting it from U.S. dollars to Japanese yen.According to the corporation, this refinancing has reduced the financing interest rate on approximately 70 billion won by more than 2.5 percentage points. Panstar is expected to save about 1.7 billion won annually, totaling around 7 billion won over four years.This refinanci September 10, 2026

Fanstar Miracle Cruise Sets Sail with Support from Korea Maritime Promotion Corporation On September 6, as waves reached heights of 4.5 meters, passengers hurried from Busan Station to the Busan International Passenger Terminal to board the 'Fanstar Miracle.' This large cruise ferry, weighing 22,000 tons, has been operating between Busan and Osaka, Japan, since April of last year.After completing the departure procedures, an announcement was made: "If you take the escalator up, the elevator will be on your left. Passengers moving to the upper levels are advised to use the elevator. September 10, 2026

Hamyang to Host Youth Day Talk Concert on September 19 Hamyang County will hold the '2026 Hamyang County Youth Day Talk Concert' on September 19 at Choi Chi-won Historical Park to engage with local youth.Following its recent recognition as a youth-friendly legislative body for three consecutive years, the county is also advancing lifelong education and small school revitalization initiatives, aiming to strengthen the foundation for youth, middle-aged residents, students, and parents to settle in the area.Talk Concert on September 19: 'Everyday Life September 10, 2026

Bank of Korea: Surge in Leveraged ETF Investments Increases Stock Market Volatility The Bank of Korea has reported that a surge in investments in leveraged exchange-traded funds (ETFs) has contributed to increased stock market volatility in South Korea. The analysis indicates that the rise in individual 'debt investment' and the accumulation of leveraged positions, both domestically and internationally, have amplified the fluctuations in stock prices.In its 'Monetary and Credit Policy Report' released on September 10, the Bank noted that this year's stock price volatility is at September 10, 2026