Today's Major News (November 4, 2026)

1. The midterm elections, which will determine President Trump's grip on power, have concluded, and vote counting is underway in earnest. The contours of the Senate majority, which has drawn intense interest, are expected to emerge around 2 p.m.

2. The Legislation and Judiciary Committee of the National Assembly was deadlocked from the start of its session this morning (Nov. 4) over the "distorted indictment special counsel bill." As the ruling party submitted the special counsel bill, members of the People Power Party all walked out, questioning whether it was a "bill to clear President Lee Jae-myung of his crimes."

3. The appellate court ruling on former President Yoon Suk Yeol's charges of spreading false information during his presidential campaign is scheduled for this afternoon. If he receives a fine of 1 million won or more in the second trial and it is finalized by the Supreme Court, the People Power Party will have to return 39.7 billion won in election expenses.

4. Coupang Inc., the parent company of Coupang, announced in a regulatory filing that it recorded an operating loss in the 600 billion won range for the third quarter of this year. Following the personal data leak incident, it has posted operating losses for three consecutive quarters this year.
※ Please note: This article was translated by AI and may contain errors.