Former President Yoon Suk Yeol, who appeared in court on the 26th to contend with charges such as obstruction of the execution of special public affairs indicted by the special prosecution team for rebellion, is staring at the camera. Former President Yoon, who appeared for the first time in 85 days since his re-arrest in July, was wearing a navy suit and his short hair was white. [Joint Photography Foundation] 사진 확대

Former President Yoon Suk Yeol, who appeared in court on the 26th to contend with charges such as obstruction of the execution of special public affairs indicted by the special prosecution team for rebellion, is staring at the camera. Former President Yoon, who appeared for the first time in 85 days since his re-arrest in July, was wearing a navy suit and his short hair was white. [Joint Photography Foundation]

1. As the Korea-U.S. tariff negotiations face difficulties, the U.S. Donald Trump administration’s pressure level has increased. The Wall Street Journal reported that U.S. Commerce Secretary Robert Rutnick is calling on South Korea to increase its investment by more than $350 billion to bring it closer to the level of Japan. President Trump referred to South Korea and Japan’s investment funds in the U.S. as “pre-payments.”

2. Hyundai Motor Co. and its Kia plant have stopped again in two days in the wake of a strike by parts affiliates. The two companies will virtually complete labor-management negotiations this year and pay 3.8 trillion won worth of incentives, but they have been hampered by labor-management disputes of affiliates.

3. DS Networks, one of the “big three developers” in Korea, has applied for court receivership. According to the industry, DS Networks applied for a “hybrid restructuring process” newly introduced by the Seoul Rehabilitation Court on the 26th. This is a model that combines the court’s rehabilitation system and a workout method centered on bond financial institutions.

4. DB Insurance, the second-largest non-life insurer in Korea, holds U.S. insurer Fortegra for 2.3 trillion won. It is the largest in the history of overseas mergers and acquisitions by Korean insurance companies.

5. The government will significantly expand the number of new city reconstruction zones designated next year from 26,000 to 70,000 households. The purpose is to expand the supply base by early maintenance of old residential areas amid the fluctuation of housing prices in the metropolitan area.