창간 80주년 경향신문

“There is no way to stop private tutoring, but it must change”···Reckless introduction of ‘100% short-answer/essay’

The transition committee of the Jeonnam-Gwangju Office of Education is pushing to switch elementary and middle school assessments to ‘100% short-answer/essay in all subjects’, sparking controversy. Critics say it is an excessive ‘push-through’ because there was no process to gather opinions from stakeholders, including teachers, students, and parents.The Preparatory Committee for the K-Education Special City (the transition committee of the Jeonnam-Gwangju Office of Education) held a press...

2026.07.16 17:38

Shin Hyun-song “If there is a price to watch, it is the semiconductor price itself rather than semiconductor share prices”

Governor Shin Hyun-song of the Bank of Korea said on the 16th, “Stock market volatility has been quite high lately,” while adding, “There are not many systemic risk factors that could affect the real economy.”He said this at a press conference held after the Monetary Policy Board of the Bank of Korea raised the base rate from 2.50% to 2.75% per annum, responding to a question about whether continued volatility in the domestic stock market could become a burden on the rate hike through weaker...

2026.07.16 17:38

Police apply for an arrest warrant for ‘Oldareukeu’ who blocked entry to the Jamsil ballot counting center

On the 16th, police applied for an arrest warrant for Ms. A, a woman in her 30s who single-handedly blocked the entrance to the Olympic Park Handball Arena in Songpa-gu, Seoul, where the ‘Jamsil ballot counting center protest’ is underway, obstructing entry.The Songpa Police Station in Seoul said that on this day, “we applied for a pre-arrest warrant on charges of interference with business for Ms. A, one of nine suspects who obstructed the entry of sports organizations under the Korea Sport...

2026.07.16 16:38

‘To make matters worse’ KOSPI plunges 6%… Semiconductors wobble, plus a rate hike

On the 16th, the KOSPI index plunged more than 6%, giving up the ‘7,000 level’ again after just one day. Concerns around the semiconductor industry are turning the domestic stock market into a ‘roller-co-KOSPI’. Coupled with a rate hike by the Bank of Korea, investor sentiment appears to have weakened. The won-dollar exchange rate edged down slightly.The KOSPI closed at 6,820.60, down 463.81 points (6.37%) from the previous session. The index opened lower at 6,960.50 and at one point deepene...

2026.07.16 16:37

14.716 billion won bled away··· Duplicate personnel costs paid·inflated prices recorded, the many faces of fraudulent local subsidy claims

#. Local government A granted a subsidy of 10 million won last September to the B Cultural Foundation, which ran a local film festival, under the category of personnel costs for staff. The foundation, however, added the festival's ticket sales revenue and paid a total of 20 million won in personnel costs to six employees. Personnel costs were supposed to be paid only from the awarded subsidy, but the rule was violated and duplicate payments were made.#. Local government C last year provided...

2026.07.16 16:13

Constitution Day returns as a ‘red day’ after 18 years… citizens who studied the Constitution for 10 years “to fight better”

Starting this year, Constitution Day on July 17 returns as a statutory public holiday for the first time in 18 years. As the nation has gone through the 12·3 insurrection, the impeachment of former President Yoon Suk Yeol, and the shortage of ballot papers in the 6·3 local elections, public interest in the Constitution has been steadily rising.There is a citizens’ group that has studied the Constitution for ten years, sharing the awareness that opportunities to learn it in everyday life are ...

2026.07.16 16:13

The Blue House “President Lee has never wavered, not even once, on separating investigation and indictment”…rebuts Yoo Si-min

On the 16th, the Blue House responded to author Yoo Si-min's claim that President Lee Jae Myung does not want a complete separation of prosecutorial investigation and indictment, stating, “The Blue House and President Lee have never wavered on the core value of prosecutorial reform that is the separation of investigation and indictment.” The fallout is spreading as strong reactions emerged within the Blue House and the ruling party to Yoo's remark the previous day that “the president is head...

2026.07.16 16:10

Is Baemin set for a new owner?···FT “Uber to announce acquisition of Delivery Hero soon”

The Financial Times (FT) reported on the 15th (local time) that U.S. ride-hailing company Uber will acquire German food delivery company Delivery Hero (DH).According to FT, Uber is close to signing a deal to acquire DH for about 12.5 billion euros (about 20 trillion KRW) and could officially announce the acquisition as early as the 16th. Uber is expected to pay around 41 euros per share.In May, Uber proposed to the DH board an offer of 33 euros per share (implying a company value of about ...

2026.07.16 16:10

‘Samjeon-nix’ leverage, to raise the basic deposit to 30 million won

On the 16th, the government decided to raise the basic deposit requirement for single-stock leveraged exchange-traded funds (ETFs) tied to Samsung Electronics and SK hynix from the current 10 million won to 30 million won, following criticism that they increase volatility in the domestic stock market.That afternoon, the government convened an emergency Market Conditions Review Meeting (F4 meeting) and announced supplementary measures for the single-stock leveraged ETFs for Samsung Electronic...

2026.07.16 16:10

“Discounted items cannot be returned?” Chinese e-commerce platforms such as AliExpress and Temu caught using ‘consumer deception’ tricks

As use of Chinese e-commerce (C-commerce) platforms such as AliExpress and Temu has increased, consumer complaints have surged over delivery delays and refusals to issue refunds.In particular, some platforms operated terms that limit returns and business liability, and misled consumers with discount wording that differed from the actual sales conditions, making urgent improvement necessary.The Korea Consumer Agency announced on the 16th the results of its review of the terms and labeling...

2026.07.16 16:10