▲The seventh circuit breaker of the year was triggered when the KOSPI fell below the 7,000 mark during trading on the 13th. Despite positive news of SK hynix's listing of American Depositary Receipts (ADR) in the United States, the stock plunged that day, creating a "Black Monday." The previous circuit breaker was triggered on the 7th of this month, the day Samsung Electronics announced its earnings. This means circuit breakers have been triggered about once a month this year. With such a dizzying stock market, fastening your seatbelt tightly seems to be of no use. Analysis suggests that market volatility is increasing due to single-stock leveraged products. As the situation has reached the point of shaking the market's fundamentals, extraordinary measures are urgently needed.
▲Members of the Baejae High School baseball team, who sparked controversy over cheering slogans mocking the May 18 Gwangju Democratization Movement during a baseball game against Gwangju Jeil High School, appear likely to avoid criminal punishment. According to the Seoul Metropolitan Police Agency on the 13th, the victims on the Gwangju Jeil High School side have expressed their wish not to pursue punishment in connection with the investigation into the insult charges against the Baejae High School baseball team members. Since insult is an offense subject to complaint, meaning prosecution can only be pursued if the victim files a complaint, the police are expected to decide not to refer the case for prosecution. We hope that this incident serves as an occasion for students, teachers, and coaches alike to deeply recognize that proper character education takes precedence over athletic results.
