[Yonhap News headlines at this time] - 07:30

U.S. President Donald Trump announced on the 11th (local time) that Russia and Ukraine had agreed to a ceasefire in the energy sector. However, even after President Trump's ceasefire announcement, Russia appears to have continued airstrikes, including attacking Ukrainian power plants, raising questions about the ceasefire agreement mentioned by President Trump. President Trump said on the social media platform TruthSocial that day, “An energy truce has been reached in the war between Russia and Ukraine,” and that it takes effect immediately.

■ “Korean authorities convey to Alaska state lawmakers that ‘investment in LNG must be commercially feasible’”

U.S. President Donald Trump announced that $50 billion of Korea's investment in the United States would be invested in the Alaska Liquefied Natural Gas (LNG) project, but local media reported that difficulties are continuing. According to Alaska Public Media, a local Alaska media outlet, on the 11th (local time), Korean officials met with state legislators in Anchorage, Alaska on the 7th and conveyed their position that Korean investment can only occur after the Glenfarne Group, which leads the Alaska LNG business, makes a final investment decision.

View full text: https://www.yna.co.kr/view/AKR20261011054600071

■ The entire steel ceiling frame with finishing materials collapsed… Police, investigation speed

Police are speeding up their investigation to determine the cause of the collapse of the ceiling covering of a commercial building in Daegu on the 10th, in which dozens of people were injured. According to the police on the 12th, a joint on-site inspection was conducted on the second floor of a commercial building in Gwaneum-dong, Buk-gu the previous day, and it was found that the entire lightweight steel ceiling frame collapsed at the time of the accident. The ceiling frame is a structure in which gypsum board, paper plywood, etc. are attached to a steel frame and is commonly found in hospitals and offices.

View full text: https://www.yna.co.kr/view/AKR20261011043200053

■ 2nd week of government audit begins... Moon administration's target audit and launch of Central Investigation Agency announced

On the 12th, as the second week of government inspection begins, the ruling and opposition parties clash over pending issues such as suspicions about the Moon Jae-in administration's targeted audit, prosecution reform, and the launch of the Serious Crimes Investigation Office. On this day, the National Assembly met 12 committees, including ▲ Legislation and Judiciary Committee ▲ Political Affairs Committee ▲ Finance and Economic Planning Committee ▲ Education Committee ▲ Science, Technology, Information, Broadcasting and Communications Committee ▲ Foreign Affairs and Unification Committee ▲ National Defense Committee ▲ Public Administration and Security Committee ▲ Culture, Sports and Tourism Committee ▲ Agriculture, Food, Rural Affairs, Oceans and Fisheries Committee ▲ Trade, Industry and Energy Small and Medium Venture Business Committee ▲ Land, Infrastructure and Transport Committee. The National Assembly audit is conducted by the standing committee. In the Legislative and Judiciary Committee's audit of the Board of Audit and Inspection, the ruling and opposition parties are expected to clash over suspicions of a 'targeted audit' targeting the Moon Jae-in administration, including the real estate statistics of the previous government's Board of Audit and Inspection and the shooting incident of a civil servant in the West Sea.

View full text: https://www.yna.co.kr/view/AKR20261011037000001

■ “Better than a spy”… CCTV and webcams hacked into tools of war

The Wall Street Journal (WSJ) reported on the 11th (local time) that private closed-circuit televisions (CCTVs) and webcams installed around the world are being abused as tools for military intelligence collection, target surveillance, and attacks in modern battlefields due to poor security. Based on interviews with intelligence agencies, cybersecurity experts, military officials, and hackers, WSJ reported that everyday security devices are turning into tools of war. According to reports, intelligence agencies in each country are attempting to gain unauthorized access by finding devices with weak security among cameras connected to the Internet and entering passwords in large quantities.

View full text: https://www.yna.co.kr/view/AKR20261012002500072

■ There was a reason for the repetition... Even if there is collusion, the fine is only 6% of sales.

It was found that the collusion fine imposed on companies by the Fair Trade Commission was less than 6% of related sales. It is pointed out that it is difficult to prevent collusion with a fine fine system alone, so class action lawsuits or punitive damages systems should be introduced. On the 12th, Social Democratic Party lawmaker Han Chang-min, a member of the National Assembly's Political Affairs Committee, analyzed 237 resolutions on Fair Trade Commission collusion cases (excluding non-disclosed cases) issued from 2024 to last month, and found that the ratio of fines to related sales was 5.85%.

View full text: https://www.yna.co.kr/view/AKR20261010046600002

■ Seoul apartment contract cancellation rate doubles in 5 years... “Disruptive acts must be verified”

The rate of registration and cancellation of actual apartment sales contracts in Seoul has more than doubled in the past five years. According to data received from the Ministry of Land, Infrastructure and Transport by Rep. Hwang Hee of the Democratic Party of Korea, a member of the Land, Infrastructure and Transport Committee of the National Assembly, on the 12th, there were 6,419 cancellations of apartment sales contracts in Seoul last year, representing 7.66% of all transactions (83,776). Considering that 1,479 out of 43,431 cases (3.41%) were canceled in 2021, the cancellation rate has more than doubled in 5 years.

View full text: https://www.yna.co.kr/view/AKR20261009048700003

■ When working hours were reduced during childcare, child care increased by 47 minutes per day.

It was analyzed that if the working hour reduction system is used during the childcare period, the time spent caring for children increases by an average of 47 minutes per day. However, in the case of staggered work hours and telecommuting, there are limits to their effectiveness, so a policy of reducing working hours appears to be necessary to provide practical help in work-family balance. According to 'Effects of work-child care balance and policy challenges by type of flexible work system' published in the Childcare Policy Research Institute's Policy Issues (Issue Paper) on the 12th, this result was found as a result of analyzing the responses of 721 working parents based on data from the 2024 Infant and Toddler Education and Childcare Panel and the 2024 Work Environment Survey for Infants and Parents during the Childcare Period.

View full text: https://www.yna.co.kr/view/AKR20261010045200530

■ Fix the practice of continuing to collect delinquent debts even after receiving tax benefits

In the future, the practice of financial companies recognizing individual delinquent claims as losses and receiving tax benefits, and then continuing to collect by repeatedly extending the statute of limitations on the claims, will no longer work. On the 12th, the financial authorities announced that the amendment to the Financial Institutions Bond Bad debt Recognition Business Rules (Good Loss Recognition Rules), which is the basis for the introduction of the 'Conditional Bad debt Recognition System', will come into effect from this day. In the meantime, financial companies classified delinquent receivables with a low probability of recovery as estimated losses and received bad debt recognition from the Financial Supervisory Service. In this case, even before the expiration of the statute of limitations, it was recognized as a loss under the Corporate Tax Act and was able to benefit from a tax reduction.

View full text: https://www.yna.co.kr/view/AKR20261009025300002

■ Showers of up to 10 mm throughout the country starting in the afternoon… Highest 29 degrees during the day

On Monday the 12th, it will be cloudy across the country and showers will fall here and there starting in the afternoon. Showers are expected to fall in the eastern part of Gyeonggi Province, the inland and mountainous areas of Gangwon, the Chungcheong region, the northeastern Jeollabuk-do, and the inland and northeastern mountainous areas of central and northern Gyeongbuk between the afternoon and evening. The expected precipitation due to showers is 5 to 10 mm.

View full text: https://www.yna.co.kr/view/AKR20261012002900034