โ Bankโs balance is close to 70 trillion wonโฆ The account is still in place, but the debt alone is โ 6 trillion.
It was found that the bank's negative account loan balance increased by more than 6 trillion won by the end of July this year, reaching close to 70 trillion won. The number of accounts is essentially the same, but what is noticeable is that the loan balance per account is rapidly increasing. While the loan balance has increased to the level at the end of 2021, when the investment craze was high due to low interest rates following the spread of COVID-19, interest rates have risen significantly compared to then, making the interest burden on borrowers heavier.
View full text: https://www.yna.co.kr/view/AKR20260913027400002
โ Next yearโs corporate tax revenue will surpass income tax for the first time in 15 yearsโฆ โSamjeonixโ effect
Next year's corporate tax revenue is expected to surpass income tax for the first time in 15 years. Corporate tax revenue exceeds 200 trillion won for the first time in history thanks to the semiconductor boom. As tax revenue fluctuates depending on the semiconductor economy, criticism continues to be raised that the stability of fiscal management may be undermined. The government plans to use the newly established Future Response Fund as a fiscal stabilization device.
View full text: https://www.yna.co.kr/view/AKR20260912040500002
โ Hearing for Supreme Court Justice Kim Seong-suโฆ Outlook for issues such as re-nomination
The National Assembly's Special Committee on Supreme Court Justice Personnel Hearing will hold a personnel hearing for Supreme Court Justice nominee Kim Seong-soo on the 14th. The hearing on this day is expected to continue with questions related to judicial issues, such as the issue of reappointment of Supreme Court Justices and the resumption of the trial of President Lee Jae-myung. In addition, the suspicion that he lived in an apartment in Gangnam under his brother-in-law's name for a long period of time with a lower rent than the market price is expected to become an issue.
View full text: https://www.yna.co.kr/view/AKR20260913039000001
โ Last day of questions to the governmentโฆ A war of words is expected over the launch of the grant tax and public prosecution office.
The National Assembly will hold a plenary session on the 14th, the last day of questions to the government, and conduct inquiries in the areas of education, society, and culture. The ruling and opposition parties are expected to debate topics such as reducing the Future Response Fund and local allocation taxes, the police's poor response to disappearance cases, and the launch of the Public Prosecution Office and the Central Investigation Office. From the opposition party, Rep. Seo Beom-soo of the People Power Party, and from the ruling party, Rep. Kim Young-ho, will be the first runner.
View full text: https://www.yna.co.kr/view/AKR20260913046600001
โ Trump, on the theory of AI speed control, โNegative forcesโฆ maintain the way to win AI competitionโ
Regarding the 'speed control theory' of artificial intelligence (AI), U.S. President Donald Trump said on the 13th (local time), "To be honest, whoever wins AI (competition) wins, so I want to keep it that way." President Trump, who is visiting Ireland, met with reporters at his own Dunbeg golf course on this day and responded to the question, 'Should the AI โโindustry adjust its pace or impose more regulations?', saying, "We are ahead of China in AI. We are the most technologically advanced country in the world." President Trump also said, "We can put safeguards in place. We can do this and that," but also pointed out, "There are too many negative forces that, in my opinion, are highlighting things that should not be highlighted. They are highlighting things that will not happen."
View full text: https://www.yna.co.kr/view/AKR20260913060851071
โ The proportion of food ingredients and labor costs in the restaurant industry exceeds 70% for the first timeโฆ Profitability โred lightโ
The proportion of food ingredients and labor costs in the sales of general restaurants in Korea was found to exceed 70% for the first time in 2024. The total cost of food ingredients and labor, so-called 'prime cost' (basic cost) in the restaurant industry, greatly exceeds around 60% of sales, which is generally considered a stable operating standard. On the 14th, Yonhap News conducted a time series analysis of the 'Restaurant Business Management Survey Report' published annually by the Ministry of Agriculture, Food and Rural Affairs and the Korea Rural Economic Institute (KREI) since 2016. As a result, the proportion of food ingredients and labor costs in general restaurants increased by 12.8 percentage points (p) from 58.8% in 2015 to 71.6% in 2024.
View full text: https://www.yna.co.kr/view/AKR20260913025000030
โ Iran-Gulf countries meeting postponed at the last minuteโฆ โTo reach agreementโ
The foreign minister-level meeting scheduled to be held in Salalah, a city in southern Oman, on the 14th (local time) between Iran, Iraq, and the Gulf countries to discuss the Strait of Hormuz issue was postponed at the last minute. Oman's Foreign Minister Badr Al-Busaidi said in a post posted on โWe will continue to work to foster dialogue that supports stability and continued cooperation in the region,โ Albusaidi added.
View full text: https://www.yna.co.kr/view/AKR20260914002951099
โ Merciless warming counterattacksโฆ A massive technology disaster has been unleashed.
People desperately running away from huge muddy waters, villages turned into mud fields after being swept away by strong water, thousands of dead and missing people... . The massive floods that swept through the Himalayan mountainous region on the border between Nepal and China last month reminded us that the merciless counterattack of climate change is no longer something you might see in a disaster movie, but a shocking reality that puts lives at stake right before your eyes. The massive disaster that began when the summit glacier, which was considered an unchanging part of the Himalayas, known as the 'eaves of the world', collapsed helplessly due to warming, engulfed the daily lives of mountain village residents and the lives they had built all their lives without any time to do anything.
View full text: https://www.yna.co.kr/view/AKR20260911151800098
โ 3,012 applications for land transaction permits in Seoul in Augustโฆ Lowest since October last year
The Seoul Metropolitan Government announced on the 14th that the number of new applications for land transaction permits for apartments in Seoul last month was counted at 3,012. This is the lowest figure since the entire Seoul area was designated as a land transaction permit zone in October last year. The previous minimum number of cases was 4,019 in November last year. The number of applications for land transaction permits peaked at 8,896 in April, when properties for sale were concentrated ahead of the end of the postponement of capital gains tax for multiple homeowners (May 9).
View full text: https://www.yna.co.kr/view/AKR20260912034200004
โ Lots of clouds in the central region and raindrops in South Chungcheong Provinceโฆ Beware of large daily temperature fluctuations
On Monday, the 14th, there will be a lot of clouds in the central region and mostly clear in the southern region and Jeju Island. In the inland areas of Sejong and South Chungcheong Province, there will be thick fog with a visibility of less than 200 meters, so be careful about traffic safety. In some areas of the South Chungcheong region, raindrops of less than 0.1 mm may fall until the afternoon.
View full text: https://www.yna.co.kr/view/AKR20260914003200034
