Today's Major News

1. The KOSPI plunged by more than 9%, triggering a circuit breaker for the 8th time this year. Driven by concerns over an oversupply of memory chips from China and a sharp drop in Nvidia shares on the U.S. stock market the previous day, the index retreated to levels seen three months ago.

2. Financial Services Commission Chairman Lee Eok-won stated that if investment demand for single-stock leveraged products does not subside, the government will consider setting individual investment limits.

3. A joint inspection to investigate the cause of the fire at the Coupang logistics center in Incheon began this morning (July 28), six days after the fire was extinguished.

4. As the heatwave disaster crisis alert has been raised to its highest level, relentless heat continues day and night. With dual high-pressure systems covering the country, the heatwave is expected to persist for a long time.
※ Please note: This article was translated by AI and may contain errors.