Morning Wide: Today's Major News

1. U.S.-Iran Armed Conflict Enters 2nd Week, LPG Carrier Airstrike Met With Attack on U.S. Base

The armed conflict between the United States and Iran has entered its second week. After the U.S. military launched an airstrike on an Iranian gas carrier, Iran retaliated by striking multiple U.S. military bases in Kuwait.

2. President Lee Arrives in San Francisco, to Meet Jensen Huang Today

President Lee Jae-myung, who has embarked on a tour of the United States and Central and South America, has arrived in San Francisco, his first destination. Today (July 25), President Lee is scheduled to meet with CEOs of global artificial intelligence big tech companies, including Jensen Huang, and announce an AI declaration outlining South Korea's commitment to the AI industry.

3. "Pay 944 Billion Won in Property Division"... 'SK Shares' Recognized as Subject to Division

In the remand retrial of the property division lawsuit between SK Group Chairman Chey Tae-won and Art Center Nabi Director Roh Soh-yeong, the court ordered Chairman Chey to pay 944 billion won to Director Roh. The court ruled that SK shares owned by Chairman Chey are subject to division.

4. Petroleum Ceiling Price Frozen... 'Leverage Measures' Implemented Early

As tensions in the Middle East escalate again, the government has decided to freeze the 8th petroleum ceiling price and extended the fuel tax cut by two months through September. Financial authorities have also decided to bring forward and implement measures strengthening deposit requirements for single-stock margin products starting at the end of this month.
※ Please note: This article was translated by AI and may contain errors.