Today's Major News

1. Ruling Bloc Pushes Ahead with Criminal Procedure Act Revision Amid All-Night Filibuster

As an unlimited debate, or filibuster, is underway in the National Assembly over a bill to abolish prosecutors' supplementary investigation rights, the ruling-bloc parties are expected to pass the legislation this afternoon (July 31). Citing vague grounds for dismissing indictments added to the bill, the People Power Party criticized the legislation as a political maneuver tailored for President Lee Jae-myung's trials.

2. South Korea-Chile Summit Focuses on Upgrading FTA and Mineral Cooperation

President Lee Jae-myung, currently on a tour of South America, held a summit with the president of Chile. The two leaders agreed to upgrade the South Korea-Chile Free Trade Agreement (FTA) and strengthen supply chain cooperation for critical minerals such as copper and lithium.

3. Housing Prices Take a Breather Amid Wait-and-See Stance as Tax Reform Plan Under Final Review

The upward trajectory of apartment prices in Seoul narrowed for the second consecutive week. The government is set to unveil its real estate tax reform plan soon.

4. Ceiling Collapses at All-You-Can-Eat Restaurant, Leaving 14 Injured

A ceiling suddenly collapsed at a restaurant in Yangpyeong, Gyeonggi Province, yesterday evening (July 30), leaving 14 people injured.
※ Please note: This article was translated by AI and may contain errors.