Lotte Foundation Supports Movie Screening for 160 Individuals with Developmental Disabilities and Their Families The Lotte Foundation hosted a movie screening event for individuals with developmental disabilities and their families. On May 14, the Lotte Foundation announced that it held the "Shin Kyuk-ho Lotte Open Film Festival" at Lotte Cinema Cheongnyangni in Seoul. The event was attended by 160 individuals, including those with developmental disabilities, their families, and accompanying teachers, who watched two films. The Shin Kyuk-ho Lotte Open Film Festival was established this year to p May 15, 2026

Seoul Housing Prices Rise After End of Capital Gains Tax Exemption Seoul's housing prices have resumed their upward trend following the end of the capital gains tax exemption. Even Gangnam has turned positive, while areas like Seongbuk and Jongno have recorded their highest growth rates since statistics began, reflecting significant increases in mid-priced apartment clusters. According to the Korea Real Estate Agency's April national housing price trend survey released on May 15, the comprehensive housing price index for Seoul rose by 0.55%. The over May 15, 2026

Daewoong Pharmaceutical Announces Phase 3 Results for Pexuclu in Helicobacter Pylori Treatment Daewoong Pharmaceutical announced on May 15 that it presented the Phase 3 results of its Helicobacter pylori eradication therapy, Pexuclu (ingredient name: Pexuprazan hydrochloride), at the 2026 Digestive Disease Week (DDW 2026). Pexuclu, a third-generation gastroesophageal reflux disease (GERD) treatment, was launched by Daewoong Pharmaceutical in 2022. It is a potassium-competitive acid blocker (P-CAB) designed to address the slow onset and short half-life issues associated with traditi May 15, 2026

Hanwha Solutions Reschedules Rights Offering Amid Ongoing Debt Repayment Controversy Hanwha Solutions, which had postponed its rights offering schedule due to two correction requests from the Financial Supervisory Service, has confirmed a new schedule just two days later. However, the structure remains unchanged, with about half of the raised funds still allocated for debt repayment, leading to ongoing controversy over using shareholder money to pay off debts. According to industry sources on May 15, Hanwha Solutions announced in a correction disclosure that it has changed May 15, 2026

Yannick Sinner Sets New ATP Masters 1000 Record with 32 Consecutive Wins Yannick Sinner, the world No. 1 in men's tennis, has set a new record for the most consecutive wins at ATP Masters 1000 events, surpassing Novak Djokovic with 32 victories. On May 14, during the quarterfinals of the Italian Open in Rome, Sinner defeated Andrey Rublev, ranked 14th, with a score of 2-0 (6-2, 6-4). Since winning the Paris tournament last November, Sinner has continued his winning streak through Indian Wells, Miami, Monte Carlo, and Madrid, achieving 32 consecutive wins in May 15, 2026

China and U.S. Reach New Consensus During Trump’s Visit Chinese Foreign Ministry officials announced that U.S. President Donald Trump and Chinese President Xi Jinping reached a "series of new consensuses" during their recent summit. However, they did not confirm Trump's claims of a "fantastic trade agreement" or any specific cooperation regarding Iran and the Hormuz Strait. Instead, China emphasized the importance of maintaining stable U.S.-China relations over concrete outcomes. On May 15, a spokesperson for the Chinese Foreign Ministry stated May 15, 2026

Strengthening Shuttle Diplomacy Between South Korea and Japan Amid Global Instability Shuttle diplomacy between South Korea and Japan is gaining momentum once again. President Lee Jae-myung and Japanese Prime Minister Sanae Takaichi are set to hold a summit on May 19-20 in Andong, North Gyeongsang Province. Following President Lee's visit to Japan in January, this meeting marks the first time a Japanese leader will visit South Korea, signaling a renewed commitment to regular mutual visits between the two countries' leaders.The relationship between South Korea and Japan has long May 15, 2026

Dongkuk Pharmaceutical Reports Record First Quarter Performance with 332% Increase in Centellian24 Exports Dongkuk Pharmaceutical announced that it achieved record sales and operating profit in the first quarter of this year. The company reported consolidated sales of 251 billion won ($211 million), operating profit of 27.3 billion won ($23 million), and net profit of 26.3 billion won ($22 million) for the first quarter. These figures represent increases of 12.2%, 8%, and 46.4%, respectively, compared to the same period last year. On a standalone basis, sales rose by 15.9% to 212.4 billion w May 15, 2026

Trump Highlights Trade Agreement with Xi During China Visit President Donald Trump concluded his visit to China by emphasizing the outcomes of his summit with Chinese President Xi Jinping. He highlighted a trade agreement and the expansion of U.S. agricultural product purchases, while also stressing China's alignment with the U.S. on issues related to the Iran conflict and the Strait of Hormuz. On May 15, Trump told reporters in Beijing after a private meeting with Xi, "The visit was unbelievable," adding, "We reached a fantastic trade agreement fo May 15, 2026

Former Intelligence Chief Moon Sang-ho Faces Five-Year Sentence for Leaking Agent List The Insurrection Special Prosecutor's team, led by Cho Eun-seok, has requested a five-year prison sentence for former Intelligence Command Chief Moon Sang-ho for allegedly leaking the names of intelligence agents during the martial law declared on December 3. During a sentencing hearing on May 15 at the Seoul Central District Court, presided over by Judge Lee Hyun-kyung, the prosecution argued for the sentence based on charges of military secret leakage and violations of the Personal Inf May 15, 2026