Today's Major News

1. Representative Yong Hye-in of the Basic Income Party voluntarily stepped down 14 days after being nominated as the Minister of Gender Equality and Family. Meanwhile, Justice Minister nominee Kim Seung-won is scheduled to face a confirmation hearing tomorrow amid a full-scale offensive by the opposition party.

2. Ahead of the midterm elections, U.S. President Trump claimed that Iran keeps requesting an agreement and that the war will end after the elections. A meeting between Iran and Gulf nations to discuss navigation issues in the Strait of Hormuz was abruptly postponed.

3. President Lee Jae-myung will hold back-to-back bilateral summits with the five participating countries over three days starting today, ahead of the first Korea-Central Asia Summit opening the day after tomorrow.

4. In the domestic stock market on Monday, the KOSPI plummeted by more than 3% during morning trading due to the worsening situation in the Middle East and debates over slowing down the pace of artificial intelligence development.
※ Please note: This article was translated by AI and may contain errors.