1. Samsung Electronics posted an operating profit exceeding 89 trillion won in the second quarter. This figure surpasses the all-time records of global big tech companies such as Nvidia and Apple. Some analysts suggest that the company earned in a single quarter what it typically earns over three years. Including provisions for performance-based bonuses, the figure is estimated to be close to 110 trillion won.

2. Canadian Prime Minister Mark Carney announced that Canada has selected Germany's TKMS as the preferred bidder for its next-generation submarine project, worth over 60 trillion won, rather than South Korea's Hanwha Ocean. Despite President Lee Jae-myung personally engaging in efforts to secure the contract, the bid was unsuccessful. President Lee stated on social media, "Although we did not achieve the expected results, I believe we have once again clearly demonstrated our potential to the international community. The bold challenge of K-Defense will continue." President Lee departed today (July 7) to attend the NATO summit held in Turkey.

3. The revised Information and Communications Network Act, aimed at responding to online false and manipulated information, takes effect today. The revised law allows victims to claim damages of up to five times the actual loss if false or manipulated information is intentionally disseminated. It also includes provisions for the government to impose a fine of up to 1 billion won if content that has been legally ruled as false or manipulated is repeatedly distributed. The People Power Party has labeled it an "evil law to gag the internet," officially announcing plans to file a constitutional complaint and propose a revision as a party platform.

4. This story continues to make headlines daily. The Gwangju District Prosecutors' Office has launched a direct investigation into the Gwangju Gwangsan Police Station investigation team that handled the case of Jang Yun-gi, who murdered a high school girl. Prosecutors are conducting searches and seizures of the Gwangsan Police investigation team on charges of leaking official secrets and destroying evidence. Under current law, the prosecution can directly investigate cases of official misconduct by police. Prior to this, the National Office of Investigation, which is conducting a separate probe into the allegations, requested an arrest warrant for the Gwangsan Police investigation team leader, identified by his surname Park.