Sunday, November 8, 2026
EN
We Being News

Only the news you need, a paper that ends

Saturday, November 7, 2026 · Evening
We Being News
Saturday, November 7, 2026 · Evening · 25 pages
Front page · International

US midterm election count begins
Democrats poised for House majority

The US midterm election held on November 3rd has shown early Democratic leads in vote counting.

  1. 1 pagesUS midterm election count begins Democrats poised for House majorityInternational
  2. 2 pagesLee Yong-chul nominated as Justice Minister PPP demands withdrawal; DP refutesPolitics
  3. 3 pagesTrump "May not attack immediately" Not in war stateInternational
  4. 4 pagesIran and Qatar 12-hour talks US-Iran shows positive progressInternational
  5. 5 pagesHealth insurance premium recalculated in November Request adjustment if income decreasedPolicies
  6. 6 pagesHanwha Forena Jije Station 1,098 units on saleEconomy
  7. 7 pagesGumi Ramyeon Festival opens successfully Queue reaches 500m for fried noodlesLiving
  8. 8 pagesChuncheon Yuknin Pass Landlords and merchants agree to coexistEconomy
  9. 9 pagesHealthcare premiums on separately-taxed income proposedPolicies
  10. 10 pagesObesity drugs gain dementia prevention attention Effectiveness remains uncertain so farHealth
  11. 11 pagesOrganoid Treatment Guidelines First Established Globally by MFDSHealth
  12. 12 pagesElderly living alone Insurance premiums up 60% in 4 yearsEconomy
  13. 13 pagesHigh monthly rents in outer Seoul Expanding beyond central districtsEconomy
  14. 14 pagesHyosung Heavy Industries union Conducts four-day strikeSociety
  15. 15 pagesThai junior golf tournament 15-year-old dies from lightning strikeSociety
  16. 16 pagesUS offers reward for Iran nuclear intel Up to $20 million bounty announcedInternational
  17. 17 pagesIce hockey beats China 3-1 Asian Championship first match victoryLiving
  18. 18 pages66 strokes in strong winds Hwang Jae-min leads solo in Round 2Living
  19. 19 pages14 Rare-Disease Drugs Applied Selection Fairness QuestionedHealth
  20. 20 pagesUS Senate Dems Reclaim Control Flip 6 States Including OhioPolitics
  21. 21 pagesAhn Cheol-soo demands emergency economic measures KOSPI collapses below 5,000 levelPolitics
  22. 22 pagesKansas flips after 94 years Democrats regain Senate seatInternational
  23. 23 pagesAI stocks plunge, hedge funds wobble Largest position reduction in 10 yearsFinance
  24. 24 pagesGlobal Food Price Index down after 4 months Sugar prices rise 6.6%Economy
  25. 25 pagesChina seeks Abe-style softening Takaichi rejects requestInternational
International · Under review · 7 sources combinedp. 1 / 25

US midterm election count begins
Democrats poised for House majority

Photo: 연합뉴스

In short

The US midterm election held on November 3rd has shown early Democratic leads in vote counting.

Democrats secured 90 of the 435 House seats first, while Republicans secured 66.

Forecasting organizations predict a 100% probability that Democrats will retake the House.

Key facts

WhenBased on vote counts from the early morning of November 4th Korea time (November 3rd evening local US time).
WhoElection analysis website Decision Desk HQ (DDHQ) released the count.
WhatDemocrats secured 90 of 435 House seats and Republicans 66, with Democrats predicted to retake the House at 100% probability.
HowDemocratic candidates are leading even in Republican strongholds like Ohio, Texas, and Kansas.

What it means for me

Changes in US policy could affect Korea's trade and security, making it necessary to monitor the election results.

Politics · Planned · 4 sources combinedp. 2 / 25

Lee Yong-chul nominated as Justice Minister
PPP demands withdrawal; DP refutes

Photo: 연합뉴스

In short

President Lee Jae-myung nominated Lee Yong-chul, head of the Defense Acquisition Program Administration, as Justice Minister candidate.

The People Power Party demanded the nomination be withdrawn, claiming the candidate is connected to the Daejang-dong suspicion through the Seongnam line.

The Democratic Party countered that the candidate is a legal professional from the Minjung Civil Rights Association and said the suspicions are baseless.

Key facts

WhenOn November 7, 2026, the People Power Party again urged withdrawal of Lee Yong-chul's nomination.
WhoSpokespeople Park Sung-hoon and Choi Su-jin, and lawmakers Yoon Sang-hyun and Han Ki-ho from the PPP launched criticism.
WhatJustice Minister nomination of Lee Yong-chul, head of Defense Acquisition Program Administration, appointed by President Lee Jae-myung.
HowThe PPP raised Daejang-dong involvement and Seongnam line suspicions; the DP countered by calling him a 'pro-No person' (close to former President Roh Moo-hyun faction).

What it means for me

The confirmation hearing for the Justice Minister nomination is drawing attention amid intensified exchanges between ruling and opposition parties.

International · 4 sources combinedp. 3 / 25

Trump "May not attack immediately"
Not in war state

Photo: 연합뉴스

In short

President Trump stated that the United States does not plan to attack Iran immediately.

The U.S. is not in a state of war with Iran and is conducting indirect negotiations on uranium enrichment.

Attention is focusing on possible changes in Iran policy following the Republican defeat in midterm elections.

Key facts

WhenStated in a phone interview with Financial Times on November 3 (local time).
WhoU.S. President Donald Trump made the statement.
WhatHe said there are no plans to attack Iran immediately and that the U.S. is not in a state of war.
HowWhile saying immediate deployment is possible if needed, he explained the U.S. is conducting indirect negotiations on handling approximately 450 kg of enriched uranium.

What it means for me

Depending on international oil price trends, domestic fuel prices and commodity prices could be indirectly affected.

International · Under review · 4 sources combinedp. 4 / 25

Iran and Qatar 12-hour talks
US-Iran shows positive progress

Photo: 연합뉴스

In short

Qatar has stepped in as a mediator to restart dialogue between the United States and Iran.

Negotiations lasting over 12 hours were held over two days in Tehran and Doha.

Concerns emerged that the US could attack Iran after the November 3rd midterm elections.

Key facts

WhenTalks continued in Tehran on October 30th and in Doha on October 31st.
WhoQatar's mediation team facilitated the resumption of dialogue between the US and Iran.
WhatQatar proposed a phased confidence-building approach over 7 days followed by peace negotiations.
WhyThis is due to concerns that the US could attack Iran after the November 3rd midterm elections.

What it means for me

Rising Middle East tensions could impact international oil prices and inflation.

Policies · 2 sources combinedp. 5 / 25

Health insurance premium recalculated in November
Request adjustment if income decreased

D-32 Deadline December 10 · Payment deadline for November health insurance premium
Photo: 연합뉴스

In short

The National Health Insurance Service will recalculate regional subscriber health insurance premiums starting in November.

Last year's income and this year's property changes will be reflected in the new premium.

If your income has decreased, you can apply to the Service to lower your premium.

Key facts

WhenNew premiums apply starting November, with payment deadline December 10.
WhoSelf-employed people, freelancers, retirees, and other regional health insurance subscribers.
WhatPremiums are recalculated reflecting income for 2025 tax year and property changes as of June 1, 2026.
HowIf income decreased due to business closure or retirement, you can apply for adjustment and receive reduced premium.

What it means for me

Regional subscribers should check their November bills and consider adjustment application if income decreased.

If income decreased due to business closure or suspension, you can lower premium through income adjustment program.

If financial income from interest and dividends decreased, you can apply for adjustment to lower health insurance premium.

Economy · 2 sources combinedp. 6 / 25

Hanwha Forena Jije Station
1,098 units on sale

D-3 Deadline November 11 · Priority 2 subscription deadline
Photo: 매일경제

In short

An apartment complex with 1,098 units near Pyeongtaek Jije Station has started sales.

A model house opened on November 6, and subscription applications begin on the 9th.

Apartments of 84㎡ exclusive area account for the largest portion with 950 units.

Key facts

WhenModel house opened on November 6; special allocations on the 9th; priority 1 and 2 subscriptions on the 10th-11th.
WhereIn the Pyeongtaek Jije Station living area, Samsung Electronics' Pyeongtaek Campus and large shopping facilities are nearby.
WhoHanwha's construction division supplies the Hanwha Forena Jije Station apartment.
What12 buildings, basement 2 levels to 27 stories above ground, total 1,098 units (84㎡ and 116㎡ exclusive areas).

What it means for me

Readers considering subscriptions near Pyeongtaek Jije Station should check the application schedule for November 9-11.

Living · 3 sources combinedp. 7 / 25

Gumi Ramyeon Festival opens successfully
Queue reaches 500m for fried noodles

D-DAY Deadline November 8 · Festival's last day
Photo: 매일경제

In short

The 2026 Gumi Ramyeon Festival opened on November 6th in Gumi, North Gyeongsangbuk Province.

On the first day, 22,231 bowls of specialty ramyeon were sold, a 47% increase from last year.

Lines for freshly fried ramyeon stretched 500m long throughout the day.

Visitor info

LocationOriginal downtown area around Gumi Station, Gumi, North Gyeongsangbuk Province
PeriodNovember 6th–8th, 2026 (three days)

Key facts

WhenIt runs from November 6th to 8th, 2026, for three days.
WhereIt is held in the original downtown area around Gumi Station, Gumi, North Gyeongsangbuk Province.
WhoGumi City, Nongshim (major food company), and 33 local restaurants participated together.
WhatOn the first day, 22,231 bowls of specialty ramyeon were sold, recording 177 million won in sales.

What it means for me

If you plan to visit Gumi, you should consider wait times and crowds at popular booths.

Economy · 3 sources combinedp. 8 / 25

Chuncheon Yuknin Pass
Landlords and merchants agree to coexist

Deadline Deadline November 7 · Last day of Yuknin Pass Sunset Night Market
Photo: 연합뉴스

In short

In Chuncheon's Yuknin Pass, landlords, merchants, and residents signed a coexistence agreement to revitalize the local commercial district.

They agreed to help merchants do business stably through fair rents and long-term leases.

They also decided to find ways to use vacant storefronts.

Visitor info

LocationYuknin Pass area, Chuncheon, Gangwon Province
PeriodYuknin Pass Sunset Night Market: street performances and temporary shops operating until November 7

Key facts

WhenOn November 6, a coexistence agreement ceremony was held at a former Yuknin Dakkangjung (fried chicken) shop in Chuncheon's Yuknin Pass.
WhoRepresentatives of landlords, the merchants association, residents, Chuncheon City, and Hallim University's Startup Support Center participated.
WhatThey agreed to cooperate on fair rents, long-term leases, and ways to use vacant storefronts.
HowChuncheon City plans to connect with government projects such as the Small and Medium Venture Business Department's Local Theme Commercial District Competition.

What it means for me

This is news worth noting for visitors to local commercial districts and small business owners.

Small business owners may refer to this as a case of fair rent and long-term lease cooperation.

Policies · Under review · 2 sources combinedp. 9 / 25

Healthcare premiums on
separately-taxed income proposed

Photo: 매일경제

In short

The National Health Insurance Service is reviewing plans to impose healthcare premiums on income that previously paid only taxes but no premiums.

Daily wage income, ISA (Individual Savings Account), pension savings and retirement pension income are mentioned as potential targets.

The specific targets, criteria, and implementation timeline have not yet been decided.

Key facts

WhoThe National Health Insurance Service revealed this in materials submitted to the National Assembly's Health and Welfare Committee.
WhatIt is reviewing healthcare premium charges on daily wage income, ISA tax-exempt and separately-taxed income, pension savings and IRP (Individual Retirement Pension) income, and others.
HowThe initiative aims to reduce coverage gaps where insurance premium treatment differs depending on income type and tax method.
WhyThe goal is to enhance fairness in premium burden distribution and strengthen the health insurance financial foundation amid aging population pressures.

What it means for me

Readers with separately-taxed income may face increased healthcare premium burdens going forward.

If you are preparing for retirement through ISA and pension savings, you should monitor whether healthcare premium burdens increase.

If you live on pension and dividend income and are registered as a dependent of your child, you should verify whether your dependent status eligibility will be maintained.

Health · Under review · 2 sources combinedp. 10 / 25

Obesity drugs gain dementia prevention attention
Effectiveness remains uncertain so far

Photo: 메디컬투데이

In short

Obesity treatments like Wegovy and Mounjaro are being studied to see if they help prevent dementia and cancer.

Animal tests and some observational studies showed promise, but clear effects have not been confirmed in actual clinical trials.

Experts say the mechanism of action and long-term safety need further investigation.

Key facts

WhenThe international journal Science published a special paper on November 5 (local time).
WhoA joint research team from University of Gothenburg in Sweden and University of Copenhagen in Denmark published a review article.
WhatThey comprehensively reviewed brain protection and dementia prevention potential of GLP-1 class obesity drugs.
HowAnimal tests and some observational studies showed associations, but clinical trials have not proven the effect.

What it means for me

If you take or are considering obesity drugs, note that dementia prevention effects are not yet established.

Seniors should be cautious as rapid weight loss can reduce muscle mass and worsen physical function.

Health · 2 sources combinedp. 11 / 25

Organoid Treatment Guidelines
First Established Globally by MFDS

Photo: 메디컬투데이

In short

The Ministry of Food and Drug Safety (MFDS) has created the world's first evaluation guidelines for organoid cell therapies.

A domestic company, Organoid Science, solely conducted the foundational research for these guidelines.

The guidelines were explained at an educational session held on the 6th in Gangnam-gu, Seoul.

Key facts

WhenThe guidelines were established and published on October 29th, and an implementation workshop was held on the 6th.
WhoOrganoid Science independently carried out commissioned research for the MFDS.
WhatQuality and non-clinical evaluation guidelines for organoid-based cell therapies were created.
HowEvaluation considerations were provided, including 3D structure, cellular composition, in-vivo distribution, and tumorigenicity.

What it means for me

There will be no direct change to daily life, but this news could influence the speed of domestic biopharmaceutical new drug development.

Economy · 2 sources combinedp. 12 / 25

Elderly living alone
Insurance premiums up 60% in 4 years

Photo: 매일경제

In short

Insurance expenses for seniors aged 60 and over living alone have increased by over 60% in four years.

In the same period, income rose only 22.4%, putting greater strain on insurance premiums.

As enrollment in dementia and long-term care insurance increases, financial pressure on elderly households is growing.

Key facts

WhenThis is based on data from the National Statistics Office comparing the first half of 2022 and the first half of 2026.
WhoSingle-person households aged 60 and over living alone were surveyed.
WhatAverage monthly insurance premiums increased 60.3%, from 29,500 won to 47,300 won.
HowThe share of households paying insurance premiums rose from 67.0% to 78.6%, and households paying 100,000 won or more nearly doubled.

What it means for me

If you are an elderly person living alone, you should review both insurance premiums and actual coverage needs together.

If your income is fixed after retirement, you should recheck your ability to pay insurance premiums.

Economy · 2 sources combinedp. 13 / 25

High monthly rents in outer Seoul
Expanding beyond central districts

Photo: 매일경제

In short

Monthly rent contracts exceeding 3 million won are increasing in outer Seoul areas including Nowon, Dobong, Gangbuk, Geumcheon, Gwanak, and Guro.

From January 1 to November 5 this year, such high-rent contracts reached 40, a 2.7-fold increase from last year.

Rising jeonse (long-term deposit rental) prices and conversions to monthly rent are increasing housing cost burdens in outer areas.

Key facts

WhenBased on Ministry of Land, Infrastructure and Transport real transaction data from January 1 to November 5 this year.
WhereSix outer Seoul districts: Nowon, Dobong, Gangbuk, Geumcheon, Gwanak, and Guro.
WhatMonthly rents of 3 million won or more reached 40 contracts, up 166.7% from 15 last year.
HowRising jeonse prices combined with conversions to monthly rent spread high-rent contracts.

What it means for me

Tenants unable to secure jeonse deposits may have to accept high monthly rents even in outer areas.

Office workers in their 40s facing jeonse contract renewals should check potential rent increases from conversions beforehand.

Self-employed workers with irregular income may face greater monthly rent burdens.

Retired households with fixed incomes find it harder to save on housing costs even by relocating to outer areas.

Society · 4 sources combinedp. 14 / 25

Hyosung Heavy Industries union
Conducts four-day strike

Photo: 연합뉴스

In short

The Hyosung Heavy Industries clerical and technical staff union conducted a 72-hour strike from November 4 to 6.

The strike occurred because negotiations with management over wage increases and performance bonus criteria broke down.

Management stated that factory operations continued normally and it would respond in accordance with law and principles.

Key facts

WhenThe strike proceeded for 72 hours from November 4 to 6.
WhoThe Hyosung Heavy Industries clerical and technical staff union, launched in June, took its first collective action.
WhatThe union demanded a 10% annual base salary increase and establishment of performance bonus payment criteria.
HowManagement expressed regret over the union's mediation request and declaration of negotiation breakdown, announcing it would respond according to principles.

What it means for me

Not directly related to general readers, but demonstrates trends in manufacturing wage negotiations.

For clerical workers in the same industry, the union's demand for establishing performance bonus criteria could serve as a reference.

Society · 4 sources combinedp. 15 / 25

Thai junior golf tournament
15-year-old dies from lightning strike

Photo: 세계일보

In short

A 15-year-old golf prospect in Thailand was struck by lightning during a competition and died.

Claims have emerged that tournament organizers did not halt play despite severe weather.

There are also concerns that the absence of an ambulance at the golf course delayed hospital transport.

Key facts

WhenThe accident occurred at a golf course in Chaiyaphum Province, Thailand, around 3 p.m. on the 31st of last month.
WhoJunior golf prospect Eyabareen Pradupyat (15) was struck by lightning.
WhatHit by lightning during the competition, the player was taken to a hospital but ultimately died.
HowTransport was delayed due to the lack of an ambulance, and the accompanying caddy (31) also suffered serious injuries.

What it means for me

Overseas sports events may also lack sufficient safety measures during bad weather, so verification is necessary before participating.

International · 4 sources combinedp. 16 / 25

US offers reward for Iran nuclear intel
Up to $20 million bounty announced

Photo: 연합뉴스

In short

The United States has offered up to $20 million (approximately 27.3 billion won) to informants who provide information about Iran's nuclear program.

Targets for reports include nuclear facilities, equipment, and information about the movement of related personnel such as scientists.

The US said it can also provide overseas relocation support for whistleblowers.

Key facts

WhenUS Central Command announced it on November 7, 2026 through social media.
WhoUS Central Command publicized it through the State Department's 'Rewards for Justice' program.
WhatThose providing information about Iran's nuclear facilities, equipment, and scientists will receive up to $20 million (approximately 27.3 billion won).
HowAnonymous reports are possible via Telegram, Signal, and Tor Browser, with overseas relocation support also available.

What it means for me

Direct impact on Korean readers is limited, but it could influence Middle Eastern conditions and oil price fluctuations.

Living · 4 sources combinedp. 17 / 25

Ice hockey beats China 3-1
Asian Championship first match victory

Photo: 연합뉴스

In short

South Korea's men's ice hockey team defeated China 3-1.

It was the first match of the Asian Championship held at Hwasan Ice Arena in Jeonju on November 5.

It was a victory achieved by new players without participants from the PyeongChang Olympics.

Key facts

WhenIt was the first match of the 2027 IIHF Asian Championship held on November 5.
WhereThe game was held at Hwasan Ice Arena in Jeonju, North Jeolla Province.
WhoThe men's ice hockey national team led by interim coach Park Woo-sang competed.
WhatThey defeated China 3-1 and won their first match of the tournament.

What it means for me

Sports fans should check the Japan match result at 2 p.m. on November 7.

Living · 4 sources combinedp. 18 / 25

66 strokes in strong winds
Hwang Jae-min leads solo in Round 2

Photo: 연합뉴스

In short

Player Hwang Jae-min shot 66 strokes in Round 2 of the Jeju Tour Championship on November 6.

Despite strong winds, he moved to sole lead with an eagle and six birdies.

Jang Yu-bin, the season's top money winner, was disqualified due to a scorecard error.

Key facts

WhenRound 2 of the KPGA season finale Tour Championship was held on November 6.
WhereThe tournament was at Valley and Ted Course (par 72) of Teddy Valley Golf & Resort in Seogwipo, Jeju.
WhoHwang Jae-min, who has yet to win a title since his 2011 debut, took the lead.
WhatWith winds up to 13 meters per second, he shot 6-under par 66 with one eagle and six birdies, for a 138 total and sole lead.

What it means for me

Hwang Jae-min's first win is expected to be decided in the final round on November 8.

Health · Planned · 4 sources combinedp. 19 / 25

14 Rare-Disease Drugs Applied
Selection Fairness Questioned

Photo: 메디컬투데이

In short

A pilot program is underway to speed up coverage of rare-disease treatments under national health insurance.

Thirteen pharmaceutical companies applied for about 14 drugs, and the government reviewed them on the 4th.

Patient groups demanded fairness in the selection process and priority for patient treatment.

Key facts

WhenPatient groups released their position on November 2nd, and the government held a selection review committee meeting on the 4th.
WhoThe Korea Patient Groups Association and the Korea Rare and Intractable Disease Association each issued statements.
WhatThe issue concerns selection of 14 rare-disease treatment drugs applied for by 13 pharmaceutical companies for expedited coverage.
HowThe patient groups association refused to participate in the review citing fairness concerns, while the rare disease association demanded broader selection.

What it means for me

Rare-disease patients and their families are directly affected by whether treatment drugs are covered by national health insurance.

Politics · 3 sources combinedp. 20 / 25

US Senate Dems Reclaim Control
Flip 6 States Including Ohio

Photo: 연합뉴스

In short

Democrats won all Senate seats in Ohio, Kansas, and Iowa in the US midterm elections.

Democratic candidates won in regions where Republicans had long held strong support.

Democrats are projected to hold 51 seats, the Senate majority.

Key facts

WhenThe results of the US midterm Senate elections were announced on November 3 (local time).
WhereIt was a Senate election in the swing states of Ohio, Kansas, and Iowa.
WhoDemocratic candidates Sherrod Brown (Ohio), Adam Hamilton (Kansas), and Josh Tet (Iowa) won their elections.
WhatDemocrats won in 4 out of 7 swing states: Texas, Ohio, Kansas, and Iowa.

What it means for me

Changes in US policy may influence Korea's diplomacy and economy, so related developments warrant close attention.

Politics · 3 sources combinedp. 21 / 25

Ahn Cheol-soo demands emergency economic measures
KOSPI collapses below 5,000 level

Photo: 매일경제

In short

Rep. Ahn Cheol-soo of the People Power Party demanded emergency economic measures from President Lee Jae-myung due to the sharp stock market decline.

On the 6th, the KOSPI fell below the 5,000 level and circuit breaker was triggered.

The sharp decline in the Nasdaq and semiconductor index following the U.S. midterm elections was also cited.

Key facts

WhenOn November 6, People Power Party Rep. Ahn Cheol-soo posted a critical message on Facebook.
WhoRep. Ahn demanded that President Lee Jae-myung disclose emergency economic measures.
WhatOn that day, the KOSPI fell below the 5,000 level shortly after market opening and the circuit breaker was triggered.
HowHe cited the previous day's Nasdaq drop of 5.52% and Philadelphia Semiconductor Index plunge of 12% as evidence.

What it means for me

With increased volatility in the domestic stock market, investors should check their portfolio gains and losses.

International · 3 sources combinedp. 22 / 25

Kansas flips after 94 years
Democrats regain Senate seat

Photo: 한국경제

In short

In the November 3 U.S. midterm elections, Democrats gained a Senate seat in Kansas.

Kansas is considered an upset because Republicans held it for 94 years.

Democrats won in 6 of 7 key battleground states, with only Alaska remaining.

Key facts

WhenResults confirmed in the U.S. midterm elections held on November 3 (local time).
WhoDemocratic candidate Adam Hamilton defeated Republican incumbent Roger Marshall.
WhatDemocrats won Senate seats in Kansas for the first time in 94 years and in Texas for the first time in 38 years.
HowBoth candidates focused on cost-of-living issues rather than ideological conflict, gaining support from moderates.

What it means for me

Changes in U.S. political landscape could shift tariff and trade policy directions, potentially affecting South Korea's imports and exports.

Finance · 3 sources combinedp. 23 / 25

AI stocks plunge, hedge funds wobble
Largest position reduction in 10 years

Photo: 연합뉴스

In short

Stock-picking hedge funds have reduced risk exposure by approximately 9% since June.

As of end-October, over 40% of hedge funds are breaking even or posting losses compared to the start of the year.

On November 6, Nasdaq closed at 24,579.42, S&P 500 at 7,376.86, and Dow at 51,285.73.

Key facts

IndexOn November 6, Nasdaq closed at 24,579.42, S&P 500 at 7,376.86, and Dow at 51,285.73.
MovesNasdaq rose 1.09%, S&P 500 rose 0.31%, while Dow fell 0.46%.
Featured stocksHedge funds concentrated in technology, media, and telecommunications recorded losses exceeding 4% in a single day.
BackgroundAfter Democrats gained control of both chambers in midterm elections, selling pressure on AI-related stocks intensified.

What it means for me

Readers holding equity funds or AI-related stocks should be cautious of increased volatility in the near term.

Economy · 3 sources combinedp. 24 / 25

Global Food Price Index down after 4 months
Sugar prices rise 6.6%

Photo: 연합뉴스

In short

October's Global Food Price Index was 133.9, down 1.2% from the previous month.

Grains 116.8, meat 125.5, and dairy 117.8 all declined.

Sugar rose 6.6% to 121.3, and oils also rose slightly to 199.2.

Key facts

IndexOctober's Global Food Price Index was 133.9, down 1.2% from September's 135.6, marking the first decline in four months.
Declining itemsGrains 116.8 (-4.5%), meat 125.5 (-1.2%), and dairy 117.8 (-1.1%) all fell.
Rising itemsSugar rose 6.6% to 121.3, the highest since December 2024, and oils rose 0.3% to 199.2.
BackgroundWheat and corn fell due to improved production outlook in Argentina, while sugar rose due to harvest disruptions in Brazilian sugarcane.

What it means for me

For readers buying groceries, the decline in grain prices and rise in sugar prices may be reflected differently across product categories.

International · 3 sources combinedp. 25 / 25

China seeks Abe-style softening
Takaichi rejects request

Photo: 연합뉴스

In short

China asked Japan to adopt a softer approach like former Prime Minister Abe's.

Japanese Prime Minister Takaichi rejected this request.

China-Japan relations, frozen over Taiwan, are expected to remain tense longer.

Key facts

WhenThis occurred ahead of Prime Minister Takaichi's extraordinary Diet session speech on the 5th of last month.
WhoChinese government officials conveyed a message to Japanese government officials.
WhatThey requested a return to former Prime Minister Abe's conciliatory China policy stance from 2014.
HowPrime Minister Takaichi rejected the request and demanded 'responsible conduct' from China.

What it means for me

Prolonged strained China-Japan relations could indirectly affect trade and supply chains.

You've read it all

The morning edition comes out tomorrow at 6:30 a.m.

Back to the front page

Get the app and we'll let you know when a new paper is out

Drag a corner or swipe to turn · keyboard ← → · auto-flip pauses when you touch

Contents of this edition
1 pagesUS midterm election count begins Democrats poised for House majority2 pagesLee Yong-chul nominated as Justice Minister PPP demands withdrawal; DP refutes3 pagesTrump "May not attack immediately" Not in war state4 pagesIran and Qatar 12-hour talks US-Iran shows positive progress5 pagesHealth insurance premium recalculated in November Request adjustment if income decreased6 pagesHanwha Forena Jije Station 1,098 units on sale7 pagesGumi Ramyeon Festival opens successfully Queue reaches 500m for fried noodles8 pagesChuncheon Yuknin Pass Landlords and merchants agree to coexist9 pagesHealthcare premiums on separately-taxed income proposed10 pagesObesity drugs gain dementia prevention attention Effectiveness remains uncertain so far11 pagesOrganoid Treatment Guidelines First Established Globally by MFDS12 pagesElderly living alone Insurance premiums up 60% in 4 years13 pagesHigh monthly rents in outer Seoul Expanding beyond central districts14 pagesHyosung Heavy Industries union Conducts four-day strike15 pagesThai junior golf tournament 15-year-old dies from lightning strike16 pagesUS offers reward for Iran nuclear intel Up to $20 million bounty announced17 pagesIce hockey beats China 3-1 Asian Championship first match victory18 pages66 strokes in strong winds Hwang Jae-min leads solo in Round 219 pages14 Rare-Disease Drugs Applied Selection Fairness Questioned20 pagesUS Senate Dems Reclaim Control Flip 6 States Including Ohio21 pagesAhn Cheol-soo demands emergency economic measures KOSPI collapses below 5,000 level22 pagesKansas flips after 94 years Democrats regain Senate seat23 pagesAI stocks plunge, hedge funds wobble Largest position reduction in 10 years24 pagesGlobal Food Price Index down after 4 months Sugar prices rise 6.6%25 pagesChina seeks Abe-style softening Takaichi rejects request