Disinformation law takes effect today Samsung earnings, KOSPI defends 8,000

SBS Friday-Saturday drama 'Kim Bujang' recorded a 21.6% nationwide rating in four episodes, crossing 20% for the first time since 'Queen of Tears' in 2024, Hankyung reported. The So Ji-sub and Yoon Kyung-ho father-revenge action series also lifted production house Fantagio's stock.

Per Money Today (citing News1), a 20s contract radiologic technologist, surnamed A, was found dead in a flowerbed at a Gunsan apartment on the 29th of last month. The bereaved family said the deceased had complained of workplace harassment; the hospital hired an outside labor attorney and police are investigating the circumstances.

Per Business Korea, June CPI rose 3.2%, the highest since December 2023, fueling expectations that the Bank of Korea will raise rates at its July 16 meeting. The won closed at 1,530.3 per dollar, up 4.7 won from the prior session.

Per Business Korea, KOSPI rose as high as 8,327 intraday on the 6th but slipped 37.01 points (0.46%) to close at 8,051.33 as foreigners sold a net 1.31 trillion won and institutions 1.43 trillion won, holding the 8,000 line.

Per Newsis, Samsung Electronics is set to release Q2 preliminary earnings around 8:40 a.m. on the 7th. Brokerages forecast revenue in the 170 trillion won range and operating profit of 85–90 trillion won, with the DS division contributing up to 98%. Actual figures are not yet confirmed.

Per Etoday, (G)I-DLE held a showcase for their 9th mini album 'We made' at YES24 Live Hall in Seoul on the 6th, unveiling the title track 'Gimme Dat Love.' It is their first release in six months since 'Mono' in January, and Soyeon called it a 'fight-fire-with-fire summer song.'

Per Sports Kyunghyang, Lim Young-woong won the Idol Chart rating ranking for the June 29–July 5 period with 314,061 votes, marking 275 consecutive weeks at No. 1. He also topped the 'likes' category with 32,399 and has a stadium concert coming in September.

Per Newsis, Samsung Electronics reports Q2 preliminary earnings on the morning of the 7th and SK Hynix debuts on the US Nasdaq via ADR on the 10th. Attention is focused on the two firms making up over half of KOSPI's market cap, with strong results also expected for parts suppliers on expanding AI investment.

Per TokenPost, as of 0:07 on the 7th, Bitcoin traded down 1.07% at $62,089 and Ethereum down 1.12% at $1,750. Major altcoins were also weak, but stablecoin volume (+34.6%) and derivatives volume (+48.4%) rose sharply, signaling potential volatility.

Per TV Report, the integrated ticketing network showed 'Toy Story 5' drew 429,038 viewers last weekend (3rd–5th) to top the box office for a third straight weekend. Cumulative admissions reached 2,218,501, entering this year's top five, and it beat Shin Min-a's 'Eyes.'

Per Money Today, DAY6's Young K will release his 2nd full album 'YOUNGEST' on July 27, marking his first solo return in about 2 years and 10 months since 'Letters with notes' in September 2023. It is the all-round musician's second full-length work and is drawing anticipation.

Per Kyunghyang Shinmun, Rep. Kim Min-seok declared his candidacy for the DP leadership at the Aug. 17 convention in Gwangju on the 6th, the first to enter the race. Choosing Gwangju appeals to Honam sentiment, and competition with pro-Lee candidates such as Reps. Jung Chung-rae and Park Chan-dae is set to intensify.

Per TokenPost, the UAE's June crude output exceeded 3.8 million barrels a day. The UAE has accelerated production expansion since leaving OPEC, and the supply increase could affect global oil prices and the inflation outlook, making it a market variable.

Per Financial News, domestic EV sales in the first half reached 198,969 units, more than double the year-earlier figure. Tesla sold 56,139 units, beating Hyundai (39,575), while BYD lifted its share from 0.7% to 5.9%. One in four new cars was an EV.

Per Financial News, the revised Network Act took effect July 7, imposing up to 5x damages for knowingly spreading disinformation and fines up to 1 billion won for distributing confirmed false info two or more times. Naver and Kakao have prepared, but unclear standards raised early-confusion concerns.

Per Seoul Shinmun's Q&A, the 'fake news law' regulates disinformation like deepfakes and hate speech, with YouTubers over 100,000 subscribers facing aggravated liability. Platforms make an initial self-determination on falsity, and private KakaoTalk messages, simple opinions, and political satire are excluded.