National Agricultural Cooperative Federation Under Investigation for Alleged Misuse of Funds Allegations surrounding the National Agricultural Cooperative Federation (NACF) regarding the payment of legal fees for employees have led to a police investigation. The initiation of a search and seizure operation underscores the seriousness of the matter. This issue extends beyond mere personal misconduct, potentially affecting the trust in an organization that serves both public and private interests. The core of the allegations is that approximately 300 million won in public funds was May 14, 2026

Boston Fed President Calls for Interest Rate Hold Ahead of Wash's Appointment Susan Collins, President of the Boston Federal Reserve, stated that the benchmark interest rate should be maintained at its current level for the time being. As expectations for a rate cut grow ahead of Kevin Warsh's upcoming appointment as the new chair of the Federal Reserve, there is increasing support within the Fed for keeping rates steady. Some officials have not ruled out the possibility of further rate hikes. According to a speech released before an event at the Boston Economic Clu May 14, 2026

ABL Life Insurance Establishes New Sales Centers in Han River and Mapo to Enhance Competitiveness ABL Life Insurance, now part of Woori Financial Group, has added new sales centers to strengthen its competitive edge. The company aims to continue its growth by enhancing sales channels and expanding customer touchpoints. On May 13, ABL Life Insurance announced the opening of its "Han River Branch" and "Mapo Branch" in the Dohwa-dong area of Seoul. The new locations will bring the total number of ABL Life branches to 54 across the country, along with 4 training centers. The company plans May 14, 2026

Jung Won-o Leads with 44.9% Support, Oh Se-hoon Follows at 39.8% As the June 3 local elections approach, Oh Se-hoon, the People Power Party candidate for Seoul mayor, is rapidly closing the gap with Jung Won-o, the Democratic Party candidate. A poll conducted by the Korea Social Opinion Institute (KSOI) for CBS from May 12 to 13 among 1,002 residents of Seoul aged 18 and older showed Jung's support at 44.9% and Oh's at 39.8%. The current gap of 5.1 percentage points is a significant narrowing compared to the previous poll conducted on April 22-23, wh May 14, 2026

LS Eco Energy Supplies Power Network for Vietnam's AI Data Center LS Eco Energy is accelerating its entry into the Southeast Asian AI infrastructure market by participating in a major power supply project for an AI data center in Vietnam. On May 14, LS Eco Energy announced that its Haiphong-based subsidiary, LS-VINA, will supply power cables for the construction of a large-scale AI data center by Viettel Group, Vietnam's largest telecommunications company. This project is one of the largest AI infrastructure initiatives in northern Vietnam, being devel May 14, 2026

Ok-soon Requests Editing Amid Controversy and Pregnancy Rumors on 'I Am Solo' Ok-soon, a participant in the 31st season of the ENA·SBS Plus dating program 'I Am SOLO', has reportedly requested edits to her broadcast appearances, sparking a flurry of speculation and rumors online. Recent posts on various online communities have circulated claims from an anonymous workplace forum. One post alleges that "Ok-soon is pregnant and has been diagnosed with a nervous breakdown, requiring complete rest." It further claims that she requested edits from the production team, s May 14, 2026

Labor Ministry to Combat Unpaid Labor by Monitoring Wage Practices The South Korean government is launching on-site inspections in industrial complexes where comprehensive wage practices are prevalent to eradicate unpaid labor. The first inspections will focus on businesses in the Guro and Gasan Digital Complexes.According to the Ministry of Employment and Labor, the "Relay Inspections on the Abuse of Comprehensive Wage Practices" will take place from today until the end of the year. This initiative aims to implement the guidelines issued on April 9 to eliminat May 14, 2026

VP Vance: Progress in Iran Ceasefire Talks Depends on Trump's Red Line As President Donald Trump strongly criticized Iran's revised ceasefire proposal, Vice President JD Vance announced that progress is being made in ceasefire negotiations with Iran. On May 13, during a press conference at the White House, Vance stated, "I believe we are making progress" regarding the ceasefire talks with Iran. He emphasized that the fundamental issue is whether sufficient progress can be made to satisfy President Trump's red line. Vance explained, "The red line is very sim May 14, 2026

Finda: Borrowers with Scores in the 400s Prefer Excellent Loans, 500-600s Favor Sunshine Loans Users with credit scores ranging from 400 to 800 are primarily seeking loans such as credit and secured loans, as well as policy finance products like Sunshine Loans. Finda reported on May 14 that an analysis of first-quarter data over the past three years revealed that borrowers in the 400 score range most frequently inquired about excellent loan products. Those with scores between 500 and 600 showed a higher frequency of inquiries about Sunshine Loans and auto-secured loans. In te May 14, 2026

AI Security Battle Intensifies Among Major U.S. Tech Firms On May 13, major international news outlets focused on the AI security front, highlighting OpenAI's new platform, the fallout from Claude Mythos, and efforts to thwart weaponized AI attacks. OpenAI Launches Cybersecurity Platform 'Daybreak' OpenAI has officially entered the cybersecurity market with the launch of its enterprise platform, 'Daybreak.' This platform combines the GPT-5.5 model with OpenAI's proprietary security engine, 'Codex Security,' designed to support everything from May 14, 2026