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South Korea's streak of global streaming dominance has reached a new milestone as the action school-drama Teach You a Lesson (known domestically as 참교육) officially climbed to become Netflix's fifth most-watched Korean series of all time.

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South Korea’s big-box retail landscape suffered a major blow on July 3, 2026, after the Seoul Bankruptcy Court officially terminated the corporate rehabilitation proceedings of Homeplus Co., the nation’s second-largest hypermarket chain. The milestone decision marks a critical turning point in a year-and-four-month court receivership that began in March 2025.

• Read more about Homeplus Faces Liquidation as Court Halts Rehabilitation
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