[FULL] AI HEADLINE NEWS 16:00 (2024-07-03)

▪ [AI] S. Korean leader pledges over US$ 17 bil. to support small businesses ▪ [AI] S&P 500 surpasses 5,500 for first time ▪ [AI] Over 100 killed in crowd crush at religious event in India ▪ [AI] S. Korea’s FX reserves fall for third consecutive month in June ▪ [AI] Team Korea support team … Read more

[Weather] Monsoon rain takes a break this afternoon, heat sets in

Good afternoon. Seoul had the season’s first rain advisory yesterday. The showers have let up in most parts but Jeolla-do and west of Gyeongsang-do Provinces could see 10 to 40 millimeters of more rain, the rest of the country could see light showers before it subsides in the mid-afternoon. Meanwhile, Daegu and Busan had the … Read more

S&P 500 surpasses 5,500 for first time

Also in the U.S. The S&P 500 closed trade on Tuesday above the 5-thousand 5-hundred level for the first time. The index gained over 33 points from its previous session to end at 5-thousand-5-hundred-NINE-point-ZERO-ONE. The record rally followed earlier remarks by U.S. Federal Reserve Chairman Jerome Powell at a forum hosted by the European Central … Read more

First day of Nat’l Assembly’s Q&A session failed to resume due to clashes between rival parties

At the National Assembly here. Tuesday’s interpellation on broader defense-related concerns ended with a fierce war of words between ruling and opposition lawmakers. Our political correspondent Shin Ha-young has details. Marking the 22nd National Assembly’s first government question-and-answer session on Tuesday, political matters, as well as diplomacy and security, took center stage. Among the topics … Read more

S. Korea dismisses N. Korea’s claims on successful test launch of 4.5-ton ‘super-large’ warhead

South Korea has cast doubt on North Korea’s latest claim of a successful missile test. Our defense correspondent Choi Min-jung explains. North Korea on Tuesday morning claimed that it successfully tested a new type of tactical ballistic missile, carrying a 4.5-ton “super-large” warhead, the day before. This is the first time that the North has … Read more

Driver arrested on charge of accidental homicide after car crash kills 9

Investigations continue to determine the cause of Monday’s deadly car crash in central Seoul that killed nine people. Choi Soo-hyung has the latest. After a devastating scene in downtown Seoul on Monday night the police took the driver in on charges of accidental homicide which falls under violations of the special act on the settlement … Read more

28TH BIFAN OPENS DOORS

Hello and welcome to yet another edition of Issues and Insiders. It’s Wednesday July 3rd here in Korea. I’m Min Sunhee. Today we touch upon this year’s Bucheon International Fantastic Film Festival that is poised to officially open tomorrow. For this I have film critic Pierce Conran live on the line. Pierce it’s great to … Read more