Morning Wide: Today's Major News

1. Extreme Heatwave All Weekend... Yangsan Daytime Temperature Forecasted at 41°C (106°F)

As heatwave advisories and warnings are issued across most parts of the country, boiling hot weather is expected throughout the weekend. In particular, extreme heat of around 39°C (102°F) is anticipated, centered around the Gyeongsang region where a severe heatwave warning is in effect, requiring caution.

2. 'Criminal Procedure Act Amendment' Passes National Assembly... "Historical Turning Point" vs. "Against Public Sentiment"

The amendment to the Criminal Procedure Act, which completely strips prosecutors of their investigative powers, has passed the National Assembly led by the pan-ruling parties. The Democratic Party evaluated it as a historical turning point, while the People Power Party criticized it for going against public sentiment.

3. Up 1,001 Points in a Single Day... KOSPI Shows Record-Breaking Surge

Overcoming the plummeting trend that lasted for the past three days, the KOSPI surged by more than 1,000 points in a single day, recording the largest increase in history. Boosted by positive outlooks on semiconductor investment, SK Hynix hit the upper price limit for the first time in 17 years, and Samsung Electronics also skyrocketed by nearly 27%.

4. South Korea-Argentina Summit... "Lithium Cooperation and Import of Argentine Crude Oil"

President Lee Jae-myung, who is on a tour of South America, held a summit with the president of Argentina. The two leaders signed a memorandum of understanding on cooperation in critical minerals such as lithium and agreed to promote the import of Argentine crude oil to South Korea.
※ Please note: This article was translated by AI and may contain errors.