'Bung-eun-woo' buzz puts bungeoppang vendors in the spotlight — but is the money really there?
A young bungeoppang street vendor who earned the nickname "Bung-eun-woo" for resembling actor Cha Eun-woo has drawn widespread attention after turning down entertainment industry offers to keep selling the fish-shaped pastries, sparking fresh curiosity about just how lucrative the trade really is.
After 36 years on the job, one executive lost W50m in taxes the moment he cashed out his retirement fund
An individual retirement pension IRP account serves as an institutional tax shield: as long as funds remain inside it, retirement income tax is deferred. The moment the account is closed and the balance withdrawn as a lump sum, however, 100 percent of that deferred tax is withheld on the spot — and if the entire amount were taxed as ordinary annual income under progressive rates, the bill could reach tens of percent of the total. How many years of service are recognized is therefore the single most important factor in determining retirement income tax liability.
STOCKKospi slides back to 5,700 range — will US midterms be the turning point?
The Kospi, which had recovered the 6,000 mark on the back of SK hynix's record-breaking earnings and a large-scale shareholder return announcement, retreated to the 5,700 range amid disappointment over Samsung Electronics' shareholder return plan and concerns about deteriorating cash flows at major US technology companies. With the US midterm elections and key employment data releases due next week, international oil prices and interest rate movements are seen as the main variables for the market.
INDUSTRYJeju Air runs aviation safety education booth at Jeju community event
Jeju Air announced Sunday that it participated in the 18th Jeju Community Safety Experience Festival, held Friday and Saturday at Jeju Civic Welfare Town Plaza, operating an aviation safety education booth at the event. At the booth, Jeju Air cabin crew provided hands-on safety education for children and teenagers, covering how to fasten a seatbelt, use an oxygen mask, put on a life jacket during a water landing, and follow emergency evacuation procedures. Jeju Air has operated its aviation safe
