U.S. President Joe Biden and Japanese Prime minister Fumio Kishida held the U.S.-Japan summit on January 13th at the White House. The joint statement announced that the meeting was mainly concerned with the issues surrounding North and South Korea, as well as the Ukraine War, China, Taiwan, and the
On January 11th, Bloomberg News reported that Apple decided to customize more components to lessen dependency on technical partners such as Samsung and LG. According to the report, Apple plans to produce its own Apple Watch Ultra display by the end of 2024. The company is expected to replace the dis
Since this February, Seoul City raised the minimum fare for a mid-sized taxi from ₩3,800 to ₩4,800 and reduced the base distance from 2km to 1.6km. Furthermore, last December, Seoul City extended the late-night surcharge time slot from 10 p.m. to 4 a.m. and the extra surcharge from 11 p.m. to 2 a.m.
On January 27th, the Ministry of Health and Welfare (MOHW) announced the result for the 5th public financial forecasting of the National Pension System (NPS). The financial forecasting of the NPS refers to an overall plan for managing the NPS, which includes insurance fee adjustments and fund operat
Saudi Arabia announced on October 5th that it would step up cooperation with China in the energy supply chain in response to a recent decision concerning a reduction in oil supplies that resulted in a dispute with the United States (U.S.). On the 21st, the Minister of Energy of Saudi Arabia, Prince
The Chinese Communist Party (CCP) held the first plenary session of the Central Committee on October 23rd and finished the constitution of leadership that will lead the party for the next five years until 2027. Chinese leader Xi Jinping holds the most powerful positions in China: general secretary o
The Kakao outage, which began on October 15th and lasted for approximately 127 hours and 30 minutes, was brought on by a fire at the SK C&C data center in Pangyo, which disrupted all critical services. Kakao restored the message sending and receiving functions by 1:30 a.m. the next day, and restored
When the governor of Gangwon Province, Kim Jin- tae, refused to pay the Legoland debt guarantee of ₩25 billion, it turned the financial market into chaos. Legoland opened this year on Children’s Day after Gangwon Province and Nick Barney Merlin Entertainment agreed to an investment deal. Gangwon Pro
Nationwide protests intensified in Iran after Mahsa Amini, a 22-year-old woman, died in police custody for not wearing her hijab correctly. According to the Iran Human Rights (IHR), at least 185 people, including 19 children, have been killed by the police since October 8th. The Morality Police arre
Queen Elizabeth Ⅱ, the previous monarch of the United Kingdom (U.K.), passed away on September 8th at the age of 96. Her funeral was held at London’s Westminster Abbey, and several billion mourners participated worldwide. As the Queen passed away, Prince Charles was declared the new monarch of the U
Jeon Ju-hwan, a 31-year-old subway station worker, was referred to prosecution on September 21st for murdering a female colleague. The perpetrator, an employee of the Seoul Metro, allegedly stabbed the victim to death in Sindang Station on September 14th and has twice been accused of stalking the vi
The controversy around the new revision of the “Trade Union and Labor Relations Adjustment Act,” which restricts corporations’ damage lawsuits against labor unions, has been ongoing. The law was proposed on September 15th as the so-called “Yellow Envelope Bill.” The name comes from the yellow envelo