Seoul:The top headlines in major South Korean newspapers on November 7 center around the ruling party's actions concerning a special counsel bill and market fluctuations.

According to Yonhap News Agency, the ruling party is pushing forward with a special counsel bill related to 'fabricated indictments,' despite constitutional concerns. This development has been prominently reported by Kookmin Daily. On the same day, a new justice minister, associated with the 'Seongnam line,' was appointed, which was noted by both Chosun Ilbo and JoongAng Ilbo. The passage of the special counsel bill led to conflicts between rival parties, as highlighted by Hankook Ilbo.

Additionally, the financial market is experiencing significant turmoil, with the KOSPI index dipping below the 5,000 mark during trading, as reported by Donga Ilbo. Maeil Business Newspaper detailed that panic selling has gripped the market due to the U.S. Democratic Party's push for a halt in artificial intelligence advancements. Korea Economic Daily also noted concerns about the stability of the AI growth narrative.