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CNNW CNN July 3, 2024

Our viewers in the United States and Around The World. This is cnns continuing breaking News Coverage of iran strike on israel. Im christiane, Amanpour In London alongside my colleague Alex Marquardt In Washington. And were learning more about iran is unprecedented attack on israel this morning, iran says it targeted the base. Israel used to strike the iranian consulate in damascus the idf says more than 300 missiles house and drones were fired in yesterdays attack the majority were fired from iran itself, but some were launched from iraq. And yemen. Only a few were able to peers the defenses hitting an air base in
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Mobile mortgage refinancing services debut

Fintechs and online platforms operated by leading commercial lenders began providing mortgage refinancing services for apartments valued below 1 billion won ($762,700), financial authorities said Tuesday. Jeonse loan services are scheduled to commence on January 31. ....

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Dark mystery behind 'jeonse'

The Korean stock market is still reeling from the pyramid scheme using contracts for difference (CFD), which was used to ramp up stocks over many years until everything collapsed within days. The Korean prosecutors arrested the alleged mastermind Ra Deok-yeon, head of an unregistered investment consulting firm, and his associate. ....

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Parliamentary subcommittee passes special bill to help 'jeonse' fraud victims

A parliamentary subcommittee passed a special bill Monday aimed at assisting victims of a series of home rental scams, including offering them interest-free loans. ....

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LH chief opposes land minister's idea of abolishing 'jeonse'

Korea Land and Housing Corp. (LH) CEO Lee Han-jun has attracted public attention by speaking out against the idea of abolishing “jeonse,” a unique Korean house rental system, which was initially proposed by Minister of Land, Infrastructure and Transport Won Hee-ryong, who supervises the state-run real estate developer, according to industry officials, Monday. ....

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