AI Pick
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Han Seong-sook Addresses Declining Approval Ratings for President Lee Jae-myung
Prime Minister Han Seong-sook stated on September 9 that she is "seriously listening to the voices of the people" regarding the recent decline in approval ratings for President Lee Jae-myung's administration.During a government questioning session in the National Assembly, Han responded to a question from People Power Party lawmaker Yoon Jae-ok about public opinion polls, saying, "We need to properly assess what we are doing well and what we are not, and seriously consider the areas that need ch
September 9, 2026
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12 Home Shopping Operators Approved for 7-Year Renewal
Twelve home shopping operators whose licenses had expired have received a seven-year renewal.The Broadcasting and Media Communications Commission (BMCC) held its 34th plenary meeting on September 9 and approved the renewal for the twelve home shopping companies.The companies under review included Our Home Shopping, Home & Shopping, W Shopping, Shinsegae Live Shopping, CJ ENM, SSG.com, NS Shopping, GS Retail, TRN, KT Alpha, and Hyundai Home Shopping, all of which had their licenses expire between
September 9, 2026
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Fines of up to 6% imposed for illegal spam starting next month
A new law imposing fines of up to 6% of revenue on businesses that send illegal spam or fail to prevent it will take effect next month. The Broadcasting and Media Communications Commission (BMCC) held its 34th full meeting on September 9, 2026, where it approved the enforcement decree and related regulations regarding fines for illegal spam under the Act on Promotion of Information and Communications Network Utilization and Information Protection. The enforcement decree specifies the crit
September 9, 2026
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Ruling Party and Opposition Agree on Prosecutorial Reform Legislation
여야가 중대범죄수사청·공소청법, 형사소송법을 비롯한 검찰 개혁 후속 법안을 오는 17일 본회의에서 처리하기로 합의했다.전은수 더불어민주당 대변인은 9일 국회에서 의원총회 후 기자들과 만나 "형사소송법 개정과 관련해 처리해야 할 법안이 139건인데 이중 100건 정도는 부칙을 수정하고, 39개 법률은 개별로 발의해 각 상임위원회에서 처리하기로 했다"고 밝혔다.전 대변인은 "오는 17일 본회의가 예상된다"며 "무제한 토론(필리버스터)은 없을 것"이라고 했다. 민주당이 관련 법안을 처리해
September 9, 2026
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Jung Jeom-sik Praises Han Dong-hoon's Passion for Kim Seung-won's Vetting
Jung Jeom-sik, the floor leader of the People Power Party, stated on September 9 that he views the enthusiasm shown by independent lawmaker Han Dong-hoon in vetting Kim Seung-won, the nominee for Minister of Justice, very positively.In an interview on SBS's 'Joo Young-jin News Briefing,' Jung expressed this opinion. However, he noted that Han's participation in Kim's confirmation hearing is not permissible under the National Assembly Act, stating, "It is impossible to include an independent lawm
September 9, 2026
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KDRT First Team to Return Home on September 11, Second Team Being Prepared
The Korea Disaster Relief Team (KDRT), dispatched to assist in the aftermath of severe flooding in Nepal, is scheduled to return home on September 11. Preparations are underway for a second deployment to Nepal.On September 9, the Ministry of Foreign Affairs announced, "The first KDRT team is set to return to South Korea on September 11 via a military transport aircraft (KC-330)." The ministry added, "The KDRT was dispatched on September 2, following a decision by the joint public-private emergen
September 9, 2026
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Financial Services Commission Imposes $9.5 Million Fine on Dexter Studios for Accounting Violations
The Financial Services Commission has imposed a fine of 9.5 billion won (approximately $9.5 million) on Dexter Studios for violating accounting standards in its financial statements.The commission announced the decision during its regular meeting on September 9.Two former CEOs of the company were fined 72.7 million won and 94.6 million won, respectively.Investigations revealed that Dexter Studios, a content planning and production company, inflated its revenue by manipulating the progress of pro
September 9, 2026
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Marine Corps Commemorates Victory Events Connecting Jeju, Incheon, and Seoul
The Marine Corps is holding a series of victory commemorative events from August 29 to September 19 in Jeju, Incheon, and Seoul under the theme "Great Victory! Together with the People." The events aim to honor the sacrifices and dedication of veterans, retracing the journey from the deployment of Marine Corps troops in Jeju during the Korean War to the Incheon Landing Operation and the recapture of Seoul.The events began with the "26th Jeju Marine Corps Day" on August 29-30. On September 5, a m
September 9, 2026
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IBK Bank Fails to Detect 18.2 Billion Won Loan Fraud Despite Warrant
IBK Bank has come under scrutiny for failing to recognize a significant real estate loan fraud involving 18.2 billion won, despite receiving a police search warrant detailing the fraudulent methods and loan amounts. After reporting the incident to the Financial Supervisory Service (FSS), the bank approved an additional 1.9 billion won in related loans and concluded two internal checks with no irregularities found.On September 9, Shin Dong-wook, a member of the National Assembly's Political Affai
September 9, 2026
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Shinhan Bank Begins Search for Next CEO Amid Non-Banking Expansion
Suhyup Bank has officially begun the process of selecting its next CEO. With three internal candidates and three external candidates in the running, securing four votes from the CEO recommendation committee has become crucial. As the bank aims to transition to a financial holding company by 2030, identifying a suitable leader to drive future mergers and acquisitions (M&A) and the holding company transition is a key focus.According to financial industry sources, the CEO recommendation committee c
September 9, 2026