Lee pledges capital market reform to address stock undervaluation

The Korea Times - Nov 13, 2026

President Lee Jae Myung on Friday reiterated his commitment to capital market reform, pledging to address what he has called "undervaluation" of Korean stocks by boosting market confidence and cracking down on market irregularities. Lee made the pledge during a policy discussion on the capital market held at the Korea Exchange, which brought together experts, corporate representatives and government officials. "Normalizing the capital market is our government's unwavering policy direction and commitment," the president said. The president described the undervaluation of Korean stocks as an "unreasonable abnormality," reaffirming his administration's commitment to reforming the capital market and the broader financial market to boost investor confidence. Lee's remarks came amid significant volatility in Korea's stock market in recent months, with the benchmark Korea Composite Stock Price Index (KOSPI) trading in the mid-5,000-point range on Friday, after reaching an all-time closing high of 9,114.55 points in late June. The president cited investor confidence as the most important value in

Read full article

MORE NEWS

Witness: Romualdez cash inflows not traceable to DPWH, Co, contractors

Nov 13, 2026

Witness: Romualdez cash inflows not traceable to DPWH, Co, contractors

MANILA, Philippines — A financial investigator from the Anti-Money Laundering Council (AMLC) said there was a “huge disparity” between the P57 billion in kickbacks the Office of the Ombudsman alleged Leyte Rep. Martin Romualdez had received from flood control projects and the P560 million that entered his bank accounts when he was Speaker. Lawyer Jan

DOJ says P50-M bounty for Dela Rosa ‘legal’

Nov 13, 2026

DOJ says P50-M bounty for Dela Rosa ‘legal’

MANILA, Philippines — Justice Secretary Fredderick Vida on Thursday said the P50-million bounty being offered by the government for any information leading to the arrest of Sen. Ronald “Bato” dela Rosa is legal, adding that the amount could be funded under confidential activities. Vida, in an ambush interview, said the reward is meant to gain

Chemicals, heat fueled ferry fire; 16 charged

Nov 13, 2026

Chemicals, heat fueled ferry fire; 16 charged

MANILA, Philippines — A chemical reaction involving hazardous cargo and intense heat from a malfunctioning engine fueled a ferry fire that killed 77 people off Coron, Palawan, in September, the Bureau of Fire Protection (BFP) said on Thursday as it confirmed the filing of a criminal complaint against 16 individuals. BFP spokesperson Fire Supt. Anthony

Ombudsman suspends Cavite town mayor over gambling allegation

Nov 13, 2026

Ombudsman suspends Cavite town mayor over gambling allegation

MANILA, Philippines — The Office of the Ombudsman said on Thursday that it had ordered the preventive suspension of Rosario, Cavite Mayor Jose Voltaire Ricafrente for up to six months without pay for reportedly gambling at a casino in Bacolod City. The case stemmed from a complaint filed by the Ombudsman’s Field Investigation Office I,

VP team drops 16 bank execs from witness list

Nov 13, 2026

VP team drops 16 bank execs from witness list

MANILA, Philippines — The defense in Vice President Sara Duterte’s impeachment trial has withdrawn its last witness from Bank of the Philippine Islands (BPI), a move that denied prosecutors a chance to ask about bank records that they said could shed light on her alleged dollar accounts. The ranking BPI executive was dropped from the

Basilan judge slain in Zambo gun attack

Nov 13, 2026

Basilan judge slain in Zambo gun attack

PAGADIAN CITY, ZAMBOANGA DEL SUR, Philippines — A judge in Basilan province was shot and killed in Zamboanga City on Thursday morning, drawing widespread condemnation from lawyers and provincial officials, with the Supreme Court among those mourning and demanding justice for his death. Joseph Wee Sit, presiding judge of Regional Trial Court (RTC) Branch 2

Negros bishop leads push for antidynasty campaign

Nov 13, 2026

Negros bishop leads push for antidynasty campaign

BACOLOD CITY, NEGROS OCCIDENTAL, Philippines — The Diocese of San Carlos in Negros Occidental province is seeking to enliven efforts to legislate a measure against dynastic control of political power in the country, calling on clergy, Catholic schools, and lay organizations to intensify the collection of signatures for a people’s campaign to stop political dynasties.

BARMM chief order: Prioritize ex-Moro fighters in low-tier jobs

Nov 13, 2026

BARMM chief order: Prioritize ex-Moro fighters in low-tier jobs

COTABATO CITY, BARMM, Philippines — Chief Minister Abdulraof Macacua has ordered ministries and agencies in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to give priority to veterans of the Moro revolution from the ranks of the Moro Islamic Liberation Front (MILF) and the Moro National Liberation Front (MNLF) in filling the lowest-paid positions in

How a close friend of labor activist Jeon Tae-il keeps his legacy alive

Nov 13, 2026

How a close friend of labor activist Jeon Tae-il keeps his legacy alive

Choi Jong-in, 78, still aches for his friend Jeon Tae-il, who was just 22. When Jeon set himself on fire in the middle of Pyeonghwa Market in Seoul's Jung District on Nov. 13, 1970, Choi was the first to rush to his side, taking off his jacket to smother the flames. “His hair was burning and curling like nylon fabric, his lips were turning inside out, but he sprang back to his feet and shouted, ‘We are not machines!” More than half a century has passed, and one might expect Choi to recount the incident with the composure of an elderly man who has come to terms with life. But for a while, he cannot bring himself to continue. He has never really given an interview about Jeon. While Jeon's mother, the late Lee So-sun (who died in 2011), was alive, Choi says he held back because he did not want to cause her further grief. Even after she passed away and was reunited with her son, he found it too painful to speak. The trauma never entirely left him, but it did not break him. Instead, he turned his guilt over losing Jeon, chairman of the Samdong Friendship Association (Samdonghoe), into a

'I'd rather stay an intern': Why some Gen Z workers in Korea are choosing less responsibility

Nov 13, 2026

'I'd rather stay an intern': Why some Gen Z workers in Korea are choosing less responsibility

For some young Korean workers, leaving the office on time matters more than finishing every task, and avoiding the responsibilities of a permanent position can be more appealing than climbing the corporate ladder. These attitudes are emerging among members of Generation Z, who are challenging workplace expectations long shaped by loyalty, overtime and deference to senior colleagues. In a roundtable discussion organized by the Hankook Ilbo, young participants shared their views on work, career advancement and workplace relationships, revealing both generational differences and contradictions in their own approaches to professional life. Their experiences suggest that while younger employees increasingly demand clearer boundaries and more explicit instructions, they sometimes struggle to meet those same expectations when they become responsible for guiding others. Leaving work on time, even with tasks unfinished For Korea's Generation X, now largely in their 50s, staying late at the office was once considered a badge of dedication. In her 2000 novel "A Very Old Joke," acclaimed Korean author

[WEEKENDER] Samsung Guide Dog School marks 33 years of changing lives

Nov 13, 2026

[WEEKENDER] Samsung Guide Dog School marks 33 years of changing lives

Samsung Guide Dog School, which marks its 33rd anniversary this year, is Korea’s first guide dog training institution and the world’s only guide dog school operated by a single corporation, with its operations fully funded by Samsung Fire & Marine Insurance. The school was established in September 1993 by late Samsung Group Chairman Lee Kun-hee as part of efforts to foster greater understanding and acceptance of people with disabilities. At the time, corporate involvement in guide dog training was unprecedented worldwide. The school became a full member of the International Guide Dog Federation in 1999 and went on to host the organization's general assembly in Korea in 2002. Lee was also honored by the federation that year for his efforts to raise awareness of people with disabilities. Since its first guide dog, Bada, was paired with a visually impaired person in 1994, the school has provided more than 320 guide dogs to visually impaired partners free of charge. Its responsibilities extend beyond raising and training guide dogs. The school also teaches visually impaired partners how

[WEEKENDER] How guide dogs and humans become partners

Nov 13, 2026

[WEEKENDER] How guide dogs and humans become partners

Completing professional training does not mean a guide dog is immediately ready to accompany a visually impaired person. The dog must first be matched with a suitable partner, and the two must learn to walk and live together. Few understand this process better than Yoo Seok-jong of Samsung Guide Dog School. Born with a visual impairment, Yoo now lives with his fifth guide dog. Drawing on his own experience, he helps visually impaired people find dogs suited to their needs and lifestyles. During an interview at the school in Yongin, Gyeonggi Province, on Nov. 2, Yoo was accompanied by Gori, a 5-year-old demonstration dog. Yoo's own guide dog was at a veterinary clinic after falling ill that morning. Friendly and sociable, Gori normally helps introduce visitors to guide dogs and accompanies visually impaired people on trial walks. Yoo said one of the most important factors in matching a guide dog with a prospective partner is walking speed. "The person's walking speed needs to match the dog's natural pace," he said. "Trying to force either one to adjust can be difficult." Temperament is equa

RECOMMENDED

In Real World

In Real World provides up-to-date news and industry-leading content across a variety of platforms to readers around the world.

ABOUT US
NEWSLETTER

Copyright © 2015 - 2026 In Real World. All Rights Reserved.