CNN: Despite AI Boom, Chey Tae-won’s Ex-Wife Receives Limited Asset Division Despite a surge in SK Hynix's corporate value due to the AI boom, this increase was not reflected in the asset division between Chey Tae-won, chairman of SK Group, and Noh So-young, director of the Art Center Nabi. CNN reported that the AI boom did not alter the outcome of what has been termed the 'divorce of the century.'On July 24, the Seoul High Court ruled that Chey must pay Noh 944 billion won (approximately $644 million) in asset division. This amount falls significantly short of what Noh July 24, 2026

Miss Grand Vietnam 2026 Swimwear Competition Sparks Controversy The swimwear competition stage of the Miss Grand Vietnam 2026 pageant has ignited fierce debate following participant Emura Pham's pose in front of the pool. Some viewers criticized the display for being overly revealing, while others defended it as a simple gymnastic move that showcased individuality.According to the organizers of Miss Grand Vietnam 2026, the committee confirmed that one participant added or altered movements during the swimwear competition, which deviated from the dress rehear July 24, 2026

New Balance Halts Sales of T-Shirt Featuring Upside-Down Taeguk Pattern Eland World’s fashion brand New Balance has officially apologized and halted both online and offline sales of a T-shirt that misrepresented the Taeguk pattern after facing backlash. On July 24, New Balance issued a statement on its official website, saying, "We sincerely apologize for causing concern to many due to the Taeguk pattern design T-shirt we released. We immediately suspended all online and offline sales of the product upon recognizing the issue." The controversial item is part of New July 24, 2026

Japan to Cut Diabetes Drug Prices, Increasing Cosmetic Prescriptions? Japan will reduce the price of the diabetes medication 'Mounjaro' by 25% starting in August. While this will lessen the financial burden on diabetes patients, the Nihon Keizai Shimbun reports that prescriptions for Mounjaro for cosmetic and weight loss purposes may increase.Mounjaro, developed by Eli Lilly, is a treatment for type 2 diabetes that was approved in Japan in 2022. It mimics the action of the gut hormone incretin to suppress appetite and lower blood sugar levels. Its weight loss effe July 24, 2026

South Korean Prime Minister: Saemangeum to be a Hub for Robotics and AI Han Seung-soo, the Prime Minister of South Korea, visited Saemangeum on July 24 as part of his first national tour since taking office. He stated, "As we all know, this is a land of opportunity," adding that it will likely become a crucial hub for advanced strategic industries such as robotics, artificial intelligence, hydrogen, and renewable energy. During a meeting with representatives from companies investing in Saemangeum at the Saemangeum Development Agency in Gunsan, North Jeolla Province, July 24, 2026

DYA Faces Challenges as Stock Price Falls Below 800 Won DY Associates (DYA) is facing scrutiny as its stock price has fallen significantly. The company, which supplies automotive seats to Hyundai and Kia, has seen its stock drop nearly 30% this year, bringing its market capitalization close to the threshold for maintaining its listing. In response, DYA is pursuing a stock consolidation and large-scale facility investments, but concerns among investors about maintaining its listing and boosting stock prices are growing.According to the Korea Exchange, July 24, 2026

Internal Conflicts Emerge in People Power Party's Ethics Committee Amid Disciplinary Procedure Concerns 국민의힘 중앙윤리위원회가 회의 운영 방식과 징계 기준 등을 두고 내홍을 겪고 있다. 당초 윤리위는 당내 독립기구로 윤리위원의 신원조차 밝혀지지 않았지만 최근 내부 갈등이 표출되면서 공개 공방으로 번지고 있다. 24일 정치권에 따르면 우종환 중앙윤리위 부위원장은 윤민우 위원장의 일방적 운영에 대한 공개사과와 당 미디어대변인인 정경욱 윤리위원의 당직 또는 윤리위원 중 한 가지 사퇴를 요구했다. 우 부위원장은 "정 위원은 매일신문 유튜브에 출연해 22일 윤리위가 무산된 후 배포된 보도자료 문구를 두고 내부 위 July 24, 2026

Pacific Law Firm Strengthens Expertise in Major Disaster Response with New Hires Pacific Law Firm announced on July 24 that it has recently strengthened its Major Disaster Response Headquarters by hiring attorney Lee Hee-dong, along with labor consultants Son Jun-hae and Ma Dong-jun. The firm stated, "Since the implementation of the Serious Accident Punishment Act, it has become increasingly important to establish a comprehensive response system that covers all processes from accident prevention to on-site response, investigations by the Ministry of Employment and Labor, July 24, 2026

Revised Property Tax Law Increases Tax Burden on Multiple Homeowners A recent study has found that the government's revision of the comprehensive real estate tax has led to a concentration of wealth among multiple homeowners in high-value properties in the metropolitan area.According to a report by the National Institute of Public Finance titled 'Analysis of Effective Tax Rate Disparities by Number of Homes and Changes in Housing Ownership Structure,' the effective tax rate gap between multiple homeowners and single homeowners has widened to 0.71 percentage point July 24, 2026

Woori Financial Reports Second Quarter Net Profit of 1.06 Trillion Won Woori Financial Group announced that it achieved a net profit exceeding 1 trillion won in the second quarter of this year.On July 24, Woori Financial reported a net profit of 1.046 trillion won for the second quarter, a 7.4% increase compared to the same period last year.This marks the second-largest quarterly profit in the company's history, following last year's third quarter profit of 1.244 trillion won. It is also the largest profit recorded for the second quarter.Compared to the first quart July 24, 2026