Monday, November 9, 2026
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Sunday, November 8, 2026 · Evening
We Being News
Sunday, November 8, 2026 · Evening · 25 pages
Front page · Living

An Se-young in Korea Open final
Chases 11th season title today

An Se-young has advanced to the Korea Open final and will challenge for her 11th title of the season.

  1. 1 pagesAn Se-young in Korea Open final Chases 11th season title todayLiving
  2. 2 pagesLichun cold, Seoul minus 1°C Rain in capital region and Gangwon on 8thLiving
  3. 3 pagesEmployment insurance fraud reporting Voluntary disclosure exempts extra chargesPolicies
  4. 4 pagesSeoul's comprehensive winter plan New heated rest shelters openingPolicies
  5. 5 pagesMarathon without urban traffic controls Daejeon's 3 major rivers full courseLiving
  6. 6 pagesHyundai·Kia Design Exhibition Opens Nov 24 at Shinsa HouseCulture
  7. 7 pagesFifth Railroad Network Plan Public input collected on Nov 13Policies
  8. 8 pagesNetanyahu faces ouster crisis Opposition gets coalition rightsInternational
  9. 9 pagesBuy freshly fried ramen Hundreds of meters of line in GumiLiving
  10. 10 pagesNational Pension mobilization suspected Oh demands Lee's apologyPolitics
  11. 11 pagesHomeless get 1.2 million won? Street homeless cannot receive itSociety
  12. 12 pagesBasic Pension rises but livelihood aid cutPolicies
  13. 13 pages75+ beneficiaries surge 2.7x growth in a decadePolicies
  14. 14 pagesMan spits, curses in ER 20s male sentenced to prisonSociety
  15. 15 pagesHigh-value corporate deposits approach 960 trillion wonEconomy
  16. 16 pages23.2 billion won fund case Court rules sanction excessiveFinance
  17. 17 pagesSamsung wins 12-inning thriller Series tied at 1-1Living
  18. 18 pagesJang Yu-bin disqualified in round 2 Grand Prize uncertain, money leader at riskLiving
  19. 19 pagesExpanding government funding for firefighting servicesPolicies
  20. 20 pagesWorld No. 1 Jo Myung-woo Challenges 4th title in YangguLiving
  21. 21 pagesU.S. midterm election turnout 49% Highest since 1914International
  22. 22 pagesWartime Command Transfer Conditions No Changes ConfirmedDefense
  23. 23 pagesLee Yong-cheol nominated for justice minister Reports for preparation team on the 12thPolitics
  24. 24 pagesLarge-small firm interest gap Expands to record highEconomy
  25. 25 pagesKrakow, Poland shooting 6 killed in central squareInternational
Living · Planned · 4 sources combinedp. 1 / 25

An Se-young in Korea Open final
Chases 11th season title today

Photo: 연합뉴스

In short

An Se-young has advanced to the Korea Open final and will challenge for her 11th title of the season.

She defeated Akane Akechi 2-0 in the semifinals on the 7th, extending her winning streak to 54 matches.

Her final opponent is Akane Yamaguchi, ranked 2nd in the world.

Key facts

WhenThe final will be held at Namhae Sports Gym in Yeosu, Jeollanam-do on November 8.
WhoAn Se-young (Samsung Life), ranked 1st in the world, has reached the final.
WhatShe is chasing her 11th title of the season and a record of 11 wins for two consecutive years.
HowShe defeated Akane Akechi 2-0 in the semifinal on the 7th, maintaining her 54-match winning streak.

What it means for me

Badminton fans can watch An Se-young's title challenge in the final broadcast on the 8th.

Living · Planned · 4 sources combinedp. 2 / 25

Lichun cold, Seoul minus 1°C
Rain in capital region and Gangwon on 8th

Photo: 한국경제

In short

On Lichun (7th), Seoul's morning temperature dropped to minus 1°C. This is the first sub-zero reading of this fall.

On the 8th, rain will fall in the capital region, Gangwon, and northern Chungcheong. Seoul's daytime high will be 9°C.

The cold will continue through the 10th, then expected to ease to seasonal levels from the 11th onward.

Key facts

WhenOn Lichun (7th), Seoul's morning temperature dropped to minus 1°C, marking this fall's first sub-zero reading.
WhoThe Korea Meteorological Administration forecasts morning temperatures of 5°C or lower across most regions on the 8th.
WhatFrom the morning of the 8th, around 5mm of rain will fall in the capital region, Gangwon, and northern Chungcheong.
HowThe cold will continue through the 10th, then expected to ease to seasonal levels from the 11th through the 16th.

What it means for me

It is good to bring a winter coat and umbrella when going out.

Appropriate clothing is needed to prepare for sub-zero temperatures and strong winds during commutes.

Health management is necessary due to large temperature swings between morning and evening.

Policies · 2 sources combinedp. 3 / 25

Employment insurance fraud reporting
Voluntary disclosure exempts extra charges

D-52 Deadline December 31 · Deadline for voluntary disclosure of fraud
Photo: 연합뉴스

In short

The Ministry of Employment and Labor will operate an intensive reporting period for employment insurance fraud from November 9 to December 31.

If you voluntarily report before investigation, you can be exempted from additional collection up to 5 times.

If you report, you will receive 20-30% of the fraudulent amount as a reward.

Key facts

WhenAn intensive reporting period for employment insurance fraud will be operated from November 9 to December 31.
WhoThe Ministry of Employment and Labor accepts reports and tips on fraud related to unemployment benefits, parental leave benefits, employment incentives, and more.
WhatFor voluntary disclosure, you are exempted from additional collection up to 5 times; for tips, you receive 20-30% of the fraudulent amount as a reward.
HowYou can report through Employment 24, the Ministry of Labor website, National Petition Service, or by visiting a local employment and labor office.

What it means for me

If you have ever fraudulently received unemployment benefits, voluntary disclosure before December 31 is advantageous.

Policies · 2 sources combinedp. 4 / 25

Seoul's comprehensive winter plan
New heated rest shelters opening

D-52 Deadline December 31 · Energy Voucher Application Deadline
Photo: 연합뉴스

In short

Seoul has announced a comprehensive plan to prepare for winter cold waves and heavy snow.

Mobile outdoor heated rest shelters called 'Ongi-so' will be set up in high-traffic areas.

Snow removal operations will be completed within 60 minutes.

Key facts

WhenThe comprehensive plan will be implemented for 4 months from November 15 to March 15 next year.
WhereThey will be installed from December to February in high-traffic areas such as Gwanghwamun Plaza and Hongje Waterfall.
WhoSeoul will implement 14 projects across 4 areas: heating, snow removal, safety, and daily life.
WhatAir dome-type mobile rest shelters called 'Ongi-so' with heating and rest functions will be newly introduced.

What it means for me

More rest shelters on streets to escape the cold and faster snow removal will make commuting easier.

During heavy snow on commute routes, subway and bus frequencies may be delayed up to 60 minutes, reducing waiting time.

Delivery workers and mobile workers can use 24-hour unmanned shelters and convenience store dining areas as rest spaces.

Seniors needing care will be included in welfare check-in targets, and low-income households will receive 50,000 won in winter aid.

Living · Planned · 3 sources combinedp. 5 / 25

Marathon without urban traffic controls
Daejeon's 3 major rivers full course

D-11 Deadline November 20 · Marathon full course naming contest deadline
Photo: 연합뉴스

In short

Daejeon City will create a marathon full course along riverside paths including Gapcheon and Yuddeungcheon streams.

Since roads don't need to be blocked, citizens can run anytime on the regular course.

The course name will be selected through public voting, and official operations begin in 2027.

Visitor info

ApplicationDaejeon City website accepts name proposals until November 20.
Benefits1 finalist receives 50,000 won Ondae Daejeon policy allowance; 10 raffle winners receive 5,000 won prizes.

Key facts

WhenOn November 8, about 10 running club members conducted a trial run.
WhoDaejeon City utilized the riverside paths of 3 major streams including Gapcheon and Yuddeungcheon.
WhatCreating a 42.195 km marathon full course without urban traffic controls.
HowDivided into section 1 (20.5 km), section 2 (6 km), and section 3 (15.6 km).

What it means for me

Daejeon citizens can use the marathon course along the riverside paths in their daily lives.

Culture · 3 sources combinedp. 6 / 25

Hyundai·Kia Design Exhibition
Opens Nov 24 at Shinsa House

D-32 Deadline December 11 · Viewable until December 11
Photo: 연합뉴스

In short

Hyundai and Kia will open an exhibition of works by Chief Designer Luke Dongkervoorde.

The exhibition runs from November 24 to December 11 at Shinsa House in Seoul.

Anyone can visit for free.

Visitor info

LocationShinsa House, Gangnam-gu, Seoul
PeriodNovember 24 – December 11
FeeFree admission

Key facts

WhenThe exhibition runs from November 24 to December 11.
WhereIt takes place at Shinsa House in Gangnam-gu, Seoul.
WhoHyundai and Kia spotlight Luke Dongkervoorde, Chief Creative Officer.
WhatThe exhibition reconstructs his work records from childhood to present and offers free admission.

What it means for me

Readers interested in design and automobiles can visit this free exhibition.

Policies · Planned · 3 sources combinedp. 7 / 25

Fifth Railroad Network Plan
Public input collected on Nov 13

D-4 Deadline November 13 · Advance survey participation deadline
Photo: 연합뉴스

In short

The Ministry of Land, Infrastructure and Transport will gather public opinions before setting up a 10-year railroad investment plan.

At an event held in Seoul on November 13, experts and local government officials will also share their views.

You can submit your opinions in advance through the internet and QR codes before the event.

Visitor info

LocationMain Conference Hall of the Korea Construction Association building in Seoul
PeriodAdvance survey November 8-13
How to participateMinistry of Land, Infrastructure and Transport website, Korail+ app, QR codes at Seoul and Suseo stations
ContactRailroad Division, Ministry of Land, Infrastructure and Transport

Key facts

WhenIt will be held at 9:30 a.m. on November 13 in the Main Conference Hall of the Korea Construction Association building in Seoul.
WhoThe Ministry of Land, Infrastructure and Transport will host it, and the Korea Transport Institute will oversee it.
WhatThe event will gather opinions on the 5th National Railroad Network Construction Plan covering railroad investment directions for 2026-2035.
HowIt will combine advance surveys and on-site and online opinion collection, and will be livestreamed on the Ministry's YouTube channel.

What it means for me

Whether new railroad lines will be included in your area will be decided in this plan.

You can gauge whether commuter railroad lines will be expanded.

You can check in advance plans to improve railroad accessibility in your region.

International · Planned · 3 sources combinedp. 8 / 25

Netanyahu faces ouster crisis
Opposition gets coalition rights

D-27 Deadline December 6 · Eisenkot coalition formation basic negotiation deadline
Photo: 연합뉴스

In short

Israel's president gave opposition leader Eisenkot priority in forming a coalition government.

Prime Minister Netanyahu faces stepping down after four years in office.

Eisenkot must form a new government within a maximum of 42 days.

Key facts

WhenAnnounced by President Herzog on November 7, 2026 (local time).
WhoGadi Eisenkot, leader of the opposition Yisrael Beitenu party, received the mandate to form a coalition.
WhatHe must form a coalition government within 28 days, extendable to a maximum of 42 days.
HowWith support from 19 Arab party seats, the initiative to form government has shifted to the opposition.

What it means for me

Changes in Middle East dynamics could indirectly affect global oil prices and security conditions.

Living · 3 sources combinedp. 9 / 25

Buy freshly fried ramen
Hundreds of meters of line in Gumi

Deadline Deadline November 8 · Last day of Gumi Ramen Festival
Photo: 매일경제

In short

The Gumi Ramen Festival was held from November 6 to 8 around Gumi Station in Gyeongbuk.

A line hundreds of meters long formed to buy freshly fried ramen from Nongshim's Gumi factory.

This year, 2 million packages of limited-edition ramen made from 100% Gumi-grown wheat were released for the first time.

Visitor info

LocationGumi Station area, Yeokjeonro Street, and old downtown Wonpyeongdong in Gumi, Gyeongbuk
PeriodFour days from November 6 to 8, 2026

Key facts

WhenHeld for four days from November 6 to 8.
WhereAround Gumi Station, Yeokjeonro Street, and the old downtown area of Wonpyeongdong in Gumi, Gyeongbuk.
WhoHeld jointly by Nongshim and Gumi City, drawing large crowds of visitors.
What33 food establishments participated, including 25 ramen restaurants and 8 ramen food trucks.

What it means for me

The festival ends on November 8, so visitors must go to Gumi Station by that day.

Politics · 2 sources combinedp. 10 / 25

National Pension mobilization suspected
Oh demands Lee's apology

Photo: 매일경제

In short

Seoul Mayor Oh Se-hoon criticized the government over National Pension management.

He raised concerns about increasing the domestic stock allocation before local elections.

Mayor Oh demanded an apology from President Lee Jae-myung and disclosure of measures to address investor damage.

Key facts

WhenOn November 6, the KOSPI fell below 5,000 and circuit breakers were triggered.
WhoSeoul Mayor Oh Se-hoon posted criticism on Facebook on November 8.
WhatHe pointed out that on May 28, six days before local elections, the National Pension increased its domestic stock allocation from 14.9% to 20.8%.
HowHe demanded that President Lee Jae-myung personally apologize and disclose measures to address individual investor damage.

What it means for me

Growing controversy over National Pension management is a matter of concern for both contributors and investors.

Society · 2 sources combinedp. 11 / 25

Homeless get 1.2 million won?
Street homeless cannot receive it

Photo: 연합뉴스

In short

A claim that homeless people at Seoul Station receive 1.2 million won monthly spread online.

Upon verification, 1.2 million won was the standard amount for Basic Livelihood Security recipients, not homeless people.

Street homeless cannot receive most of this money because they have no registered address.

Key facts

WhenOn October 26, a YouTuber posted a video that recorded over 3.85 million views.
WhoThe video claimed homeless people at Seoul Station receive 1.2 million won monthly.
WhatThe 1.2 million won is the sum of approximately 820,000 won in Living Expenses Allowance and approximately 370,000 won in Seoul Housing Allowance.
HowHousing Allowance requires an actual residence address, making it difficult for street homeless to receive.

What it means for me

Understanding welfare programs accurately helps you not be swayed by misinformation circulating online.

Policies · Planned · 2 sources combinedp. 12 / 25

Basic Pension rises
but livelihood aid cut

Photo: 연합뉴스

In short

The government decided to raise the Basic Pension (monthly state pension for low-income seniors) starting in 2027.

However, elderly people receiving livelihood assistance will have it reduced by the same amount the Basic Pension increases.

Critics point out that the actual money in their hands remains unchanged.

Key facts

WhenFrom 2027, the government plans to increase the Basic Pension by 30,000 won per month for the lowest 30% income bracket.
WhoAs of 2025, 783,000 elderly people receive both livelihood assistance and Basic Pension.
WhatAs the Basic Pension rises, livelihood assistance is cut by the same amount, so actual income does not increase.
HowThis is because the Basic Pension payment is counted as 100% income when calculating livelihood assistance.

What it means for me

Households receiving both livelihood assistance and Basic Pension will struggle to feel the benefit of the increase.

If you are 65 or older receiving livelihood assistance, your actual income stays the same even if Basic Pension rises.

Policies · 2 sources combinedp. 13 / 25

75+ beneficiaries surge
2.7x growth in a decade

Photo: 연합뉴스

In short

Long-term care insurance beneficiaries aged 75 and older have increased 2.7 times over the past 10 years.

Insurance benefits paid to them grew 4.4 times faster.

Long-term care insurance financial burden is concentrating on the oldest-old population.

Key facts

WhenThe National Health Insurance Service investigated changes over 10 years from 2014 to 2024.
WhoThe survey targeted long-term care insurance beneficiaries aged 75 and older.
WhatBeneficiaries grew from 411,000 to 1,123,000, and benefits paid increased from 3.103 trillion won to 13.733 trillion won.
HowAs of 2024, those 75 and older account for about 85% of all beneficiaries and benefits.

What it means for me

If you have family members aged 65-74, managing chronic diseases can help reduce future care burdens.

If you are 65-74, managing chronic diseases now can delay the progression to severe conditions.

Society · 2 sources combinedp. 14 / 25

Man spits, curses in ER
20s male sentenced to prison

Photo: 매일경제

In short

Two drunk men in their 20s assaulted a nurse and security guard at an emergency room.

The court sentenced one to prison and the other to suspended sentence with community service.

The court noted that disrupting emergency medical care is unacceptable.

Key facts

WhenOccurred around 8:10 AM on September 14 last year, sentence confirmed November 8
WhereEmergency room at a hospital in Osan, Gyeonggi Province
WhatTwo drunk men in their 20s spat at, cursed at, and shoved a nurse and security guard
OutcomeSuwon District Court: A sentenced to 6 months prison; B sentenced to 6 months suspended for 2 years with 80 hours community service

What it means for me

This case shows that assault on medical staff is punishable, with limited direct relevance to general readers.

Economy · 2 sources combinedp. 15 / 25

High-value corporate deposits
approach 960 trillion won

Photo: 연합뉴스

In short

As of end of June 2024, bank deposits exceeding 1 billion won surpassed 960 trillion won, marking a record high.

Strong semiconductor exports led companies to deposit more earnings in banks.

Corporate dollar deposits grew 44% in a year, showing active inflow of export proceeds.

Key facts

WhenAs of end of June 2024, high-value deposits exceeding 1 billion won totaled 960 trillion 115 billion won, the highest on record
WhoCorporate accounts of export companies like semiconductors account for most of the increase in high-value deposits
WhatHigh-value deposits increased 91 trillion 635 billion won (10.6%) from end of last year, accounting for 50.6% of the total
HowTop 5 banks' corporate dollar deposits reached 64.55 billion dollars as of end of October, up 44% in a year

What it means for me

Direct impact on general depositors is limited, but it is an indicator to gauge economic trends.

If improvements in export company performance continue, it could lead to expectations for wage and bonus increases.

Finance · 2 sources combinedp. 16 / 25

23.2 billion won fund case
Court rules sanction excessive

In short

A former Samsung Securities executive filed a lawsuit against the Financial Supervisory Service's (FSS) disciplinary action.

The court found that the FSS overlooked several circumstances when deciding the sanction.

The court ultimately sided with the executive and cancelled the disciplinary action.

Key facts

WhenSeoul Administrative Court ruled in favor of the plaintiff on October 22.
WhoFormer Samsung Securities executive A filed a lawsuit against the FSS Commissioner.
WhatA three-month salary suspension imposed for selling 23.2 billion won worth of funds to 10 professional investors from June to August 2019.
HowThe court determined the FSS failed to consider mitigating factors including damage scale, investor type, and 80% compensation already provided.

What it means for me

It may prompt a review of disciplinary standards and procedures for financial company executives and employees.

Living · 4 sources combinedp. 17 / 25

Samsung wins 12-inning thriller
Series tied at 1-1

Photo: 연합뉴스

In short

The Korea Series Game 2 between Samsung and KT went to the 12th inning.

Samsung won 3-2, tying the series at one win each.

KT's defensive error decided the game.

Key facts

WhenGame 2 of the Korea Series was held on November 4 at KT Wiz Park in Suwon.
WhoSamsung Lions and KT Wiz played through 12 innings.
WhatSamsung won 3-2, tying the series at one win apiece.
HowSamsung scored the winning run in the top of the 12th on a throwing error by KT shortstop Oh Yoon-seok.

What it means for me

Baseball fans should check the results of Games 3-5 starting November 6 in Daegu.

Living · 4 sources combinedp. 18 / 25

Jang Yu-bin disqualified in round 2
Grand Prize uncertain, money leader at risk

Photo: 연합뉴스

In short

Player Jang Yu-bin was disqualified for incorrectly filling out her scorecard.

She wrote down one fewer stroke than she actually took on hole 17.

The disqualification now threatens both the Grand Prize leader and money leader positions.

Key facts

WhenDisqualified after the 2nd round of the KPGA Tour Championship on November 6.
WhereThe event was held at Teddy Valley Golf & Resort Valley·Teddy Course (par 72) in Seogwipo, Jeju.
WhoJang Yu-bin (24), who was targeting both the Grand Prize and money leader title, is the disqualified player.
WhatShe was disqualified for scorecard error, recording 3 strokes instead of 4 on hole 17.

What it means for me

Golf fans following the KPGA Tour should watch carefully for changes in the final Grand Prize and money leader results.

Policies · Under review · 4 sources combinedp. 19 / 25

Expanding government funding
for firefighting services

Photo: 연합뉴스

In short

The ruling party and government discussed ways to increase national government support for firefighting budgets.

Although firefighters became national civil servants in 2020, local governments still bear the budget burden.

Options using future response funds and tobacco consumption tax are being reviewed.

Key facts

WhenA high-level party-government meeting was held on November 8 at the Prime Minister's Seoul Official Residence in Samcheong-dong, Seoul.
WhoLee More Democratic Party Chair Kim Min-seok emphasized expanding firefighting budgets.
WhatHe demanded increased national government funding for firefighting and reduction of regional disparities in line with the purpose of national civil servant conversion.
HowPresidential Secretary Lim Gwang-hyeon said the administration would review using future response funds, tobacco consumption tax portion, and local education tax.

What it means for me

Firefighting service quality may vary by residential area, so it is important to monitor whether national government funding will expand.

Living · 4 sources combinedp. 20 / 25

World No. 1 Jo Myung-woo
Challenges 4th title in Yanggu

Photo: 연합뉴스

In short

Top-ranked three-cushion billiards players gathered in Yanggu, Gangwon Province.

World No. 1 Jo Myung-woo challenges his fourth World Cup title this season.

Held at Yanggu Comprehensive Sports Town from November 2 to 8.

Visitor info

VenueYanggu Comprehensive Sports Town, Yanggu County, Gangwon Special Self-Governing Province
PeriodNovember 2–8, 2026

Key facts

WhenNovember 2 to 8.
WhereYanggu Comprehensive Sports Town, Yanggu County, Gangwon Special Self-Governing Province.
Who149 players including world No. 1 Jo Myung-woo participated.
WhatJo Myung-woo challenges his fourth World Cup title this season. This would be the first record in 18 years since Dick Jaspers in 2008.

What it means for me

Billiards fans can watch world-class matches in Yanggu.

International · 3 sources combinedp. 21 / 25

U.S. midterm election turnout 49%
Highest since 1914

Photo: 연합뉴스

In short

U.S. midterm election turnout was counted at 49%.

This is the second highest turnout since 1914.

Democrats won decisively in areas with high turnout.

Key facts

WhenThe Washington Post reported preliminary results on November 7 (local time).
WhereMaine, Minnesota, and Michigan all recorded turnout rates in the 60% range.
WhatNational turnout was 49%, the second highest since 1914.
WhyPresident Trump mobilized both his supporters and opponents to vote.

What it means for me

U.S. election results can indirectly affect South Korea through exchange rates and security policies.

Defense · 4 sources combinedp. 22 / 25

Wartime Command Transfer Conditions
No Changes Confirmed

Photo: 연합뉴스

In short

Rep. Jin Sung-jun, chairman of the National Defense Committee, returned from Hawaii and announced the results.

The United States confirmed there are no changes to the conditions for wartime command transfer.

The Korea-U.S. Security Consultative Meeting was postponed to early next year, but this is unrelated to wartime command transfer, it was clarified.

Key facts

WhenHawaii visit from November 1 to 5, results presented to National Assembly on the 8th
WhoDelegation including Rep. Jin Sung-jun, chairman of the National Defense Committee, and Reps. Kim Byung-joo, Lim Jong-deuk, and Cheon Ha-ram
WhatConfirmed wartime command transfer proceeds under existing agreements with no change in conditions
HowPostponement of SCM is due to schedule adjustment, unrelated to wartime command transfer disagreements, it was explained

What it means for me

As a defense policy matter, there is no significant direct impact on the daily life of general readers.

Politics · Planned · 3 sources combinedp. 23 / 25

Lee Yong-cheol nominated for justice minister
Reports for preparation team on the 12th

Photo: 헤럴드경제

In short

President Lee Jae-myung has nominated Lee Yong-cheol, director of the Defense Acquisition Program Administration, as justice minister nominee.

The nominee will report to the confirmation hearing preparation team office on the 12th.

He denied allegations of corruption in the Daejanggdong development project, saying he was unaware.

Key facts

WhenThe nominee will report to the preparation team office in Mun Jeong-dong on the 12th.
WhoLee Yong-cheol, director of the Defense Acquisition Program Administration, has been nominated as justice minister nominee.
WhatCha Beom-jun, planning director at the Ministry of Justice, will lead the preparation team.
HowThe preparation team is organized into a personal background team, Q&A team, and administrative support team.

What it means for me

This appointment will likely affect prosecutorial reform and investigation directions of major cases, warranting close attention.

Economy · 3 sources combinedp. 24 / 25

Large-small firm interest gap
Expands to record high

Photo: 연합뉴스

In short

Large firms earn 19 times their interest costs, but small firms earn only 3 times.

Semiconductor boom boosted large firm earnings, but small firms recovered slowly.

Large firms increased investment loans, while small firms only increased operating loans.

Key facts

WhenThe Bank of Korea released corporate statistics for Q2 this year on November 8.
WhoIt compared the interest payment capacity gap between large and small firms.
WhatLarge firm interest coverage ratio 1,882%, small firm 322%, gap of 1,560 percentage points—the largest since 2015.
HowLarge firm facility investment loans grew 16%, but small firms grew 1.3%, concentrated in operating funds.

What it means for me

Even with improving economic indicators, small firms and self-employed may feel different economic conditions.

Large firm earnings gains may not translate into broader wage and employment improvements.

Under loan burden, focus may shift from business expansion to securing operating funds.

Economic indicator improvements may not immediately reflect in felt prices or incomes.

International · 3 sources combinedp. 25 / 25

Krakow, Poland shooting
6 killed in central square

Photo: 연합뉴스

In short

A shooting occurred at Krakow's central square in Poland, killing 6 people.

A 25-year-old Polish man drove a car and shot at pedestrians.

The interior minister said the suspect was absorbed in far-right ideology.

Key facts

WhenIt occurred in Krakow, Poland around 3 p.m. on November 7 (local time).
WhoA 25-year-old Polish male suspect committed the attack.
WhatThe suspect rammed a vehicle into the central square and shot pedestrians, killing 6 and injuring 16.
HowAfter a shootout with police, the suspect was shot and arrested. Two police officers were also injured.

What it means for me

Overseas travelers should check local security conditions and safety notices for tourist attractions in advance.

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Contents of this edition
1 pagesAn Se-young in Korea Open final Chases 11th season title today2 pagesLichun cold, Seoul minus 1°C Rain in capital region and Gangwon on 8th3 pagesEmployment insurance fraud reporting Voluntary disclosure exempts extra charges4 pagesSeoul's comprehensive winter plan New heated rest shelters opening5 pagesMarathon without urban traffic controls Daejeon's 3 major rivers full course6 pagesHyundai·Kia Design Exhibition Opens Nov 24 at Shinsa House7 pagesFifth Railroad Network Plan Public input collected on Nov 138 pagesNetanyahu faces ouster crisis Opposition gets coalition rights9 pagesBuy freshly fried ramen Hundreds of meters of line in Gumi10 pagesNational Pension mobilization suspected Oh demands Lee's apology11 pagesHomeless get 1.2 million won? Street homeless cannot receive it12 pagesBasic Pension rises but livelihood aid cut13 pages75+ beneficiaries surge 2.7x growth in a decade14 pagesMan spits, curses in ER 20s male sentenced to prison15 pagesHigh-value corporate deposits approach 960 trillion won16 pages23.2 billion won fund case Court rules sanction excessive17 pagesSamsung wins 12-inning thriller Series tied at 1-118 pagesJang Yu-bin disqualified in round 2 Grand Prize uncertain, money leader at risk19 pagesExpanding government funding for firefighting services20 pagesWorld No. 1 Jo Myung-woo Challenges 4th title in Yanggu21 pagesU.S. midterm election turnout 49% Highest since 191422 pagesWartime Command Transfer Conditions No Changes Confirmed23 pagesLee Yong-cheol nominated for justice minister Reports for preparation team on the 12th24 pagesLarge-small firm interest gap Expands to record high25 pagesKrakow, Poland shooting 6 killed in central square