Korea24 – 2022.06.13. (Monday)

News Briefing: South Korea’s main stock market tumbled to its lowest point this year, amid concerns that high US inflation will trigger more monetary tightening in the US and elsewhere as well as boost the rist of a global recession. The KOSPI fell 91.36 points, or 3.52%, closing the day at 2,504.51. (Emilee Jennings)

In-Depth News Analysis: Starting last week, some 3,000 employees at around 70 companies have begun a four-day workweek as part of a trial program conducted by two non-profits and a think tank, as well as researchers from the UK and the US. Considered the largest four-day workweek experiment in tor world, the study will try to find how the four-day workweek affects productivity and employee well-being, among other factors. Professor Brendan Burchell from the University of Cambridge, who helped design the study, joins the show to discuss the details of the pilot program and share his expectations.

Korea Trending with Walter Lee:

  1. A civic group representing people with disabilities resumed subway-riding protests after a 52-day hiatus. They called for a meeting with the finance ministry, and said they would wait another week for a response until the next protest. (전장연, 출근길 지하철 시위 재개…4호선 운행 지연)

  2. The film “The Roundup” topped 10 million admissions in South Korea, the first to do so since the pandemic. The previous movie to reach the milestone was Bong Joon-ho’s “Parasite” in July 2019. The latest film starring Ma Dong-seok also made over 10 million dollars worldwide from May 30 to June 5, ranking 5th in the world. ('천만영화' 범죄도시2, 해외도 홀렸다…전 세계 흥행 5위)

  3. Former McDonald's restaurants have reopened in Russia, after being rebranded as "Vkusno & tochka," meaning “Tasty and that’s it.” The new food chain that bought out McDonald's after its exit from the Russian market opened 15 restaurants in Moscow on Sunday, selling most of the popular menus, but not the Big Mac and McFlurry. (러시아 철수했던 맥도날드, 러시아 업체가 인수해 재개장)

Sports: Sports reporter Yoo Jee-ho from the Yonhap News Agency joins the show to preview the upcoming football friendly between South Korea and Egypt. The match, set to kickoff at 8pm Tuesday, will not have Golden Boot winners Son Heung-min and Mohamed Salah play against each other, with Salah out due to injury. Jeeho shares the latest standings from the KBO and also brings news from the International Skating Union(ISU), where Korean Kim Jae-youl was elected president.