Government Strengthens Regulations Against Price Gouging Amid Middle East Conflict The government is set to amend the Price Stability Act to strengthen sanctions against unfair practices such as price gouging, in response to rising price uncertainties stemming from the conflict in the Middle East. A multi-agency approach will also be implemented to stabilize prices of essential goods. On May 14, Lee Hyung-il, First Deputy Minister of Finance, chaired a meeting of the "Middle East War Price Response Team and Price-Related Deputy Ministers" at the Government Seoul Buildin May 14, 2026

LG Electronics Supplies Large LED Signage to Frankfurt Airport LG Electronics has supplied large LED signage to Germany's Frankfurt Airport, a key hub for European air traffic. This installation goes beyond simple display delivery, showcasing the company's technology in an airport infrastructure market where 24/7 reliability and safety are critical. On May 14, LG Electronics announced the completion of its supply of large LED signage and other commercial display products to Terminal 3 of Frankfurt Airport, which opened at the end of April. The suppl May 14, 2026

SK AX Partners with OpenAI to Expand Enterprise AI Solutions SK AX is collaborating with OpenAI to safely implement and operate generative artificial intelligence (AI) across corporate work environments, aiming to expand its enterprise AI business. On May 14, SK AX announced that it has signed a service partnership agreement with OpenAI for enterprise AI business collaboration. Through this partnership, SK AX plans to provide AI utilization environments tailored to the specific work and security requirements of each company, based on OpenAI's 'Chat May 14, 2026

North Korea's Evolving Cyber Threats Demand Urgent Review of National Security Systems North Korean hacking groups are evolving their threats. While past cyber attacks focused on information theft and cryptocurrency hacking, they are now utilizing AI to precisely target government certification systems and internal networks. This indicates a real threat to national security and administrative systems. On May 14, global security firm Kaspersky disclosed the latest attack tactics of the North Korean hacking group Kimsuky. According to the report, the group is using AI to create mal May 14, 2026

Toss Bank Receives Full License for Fund Sales, Plans to Launch Investment Services This Year Toss Bank is set to introduce fund investment services within this year. On May 14, Toss Bank announced that it has obtained a full license for financial investment business from regulatory authorities, making it the second internet-only bank, following Kakao Bank, to sell funds directly. Previously, Toss Bank received preliminary approval for financial investment business in July of last year. After expanding its workforce and establishing IT systems, it applied for the full license in J May 14, 2026

CJ CheilJedang Shares Rise Over 5% on Recovery Hopes in Food and Bio Sectors CJ CheilJedang is experiencing a strong early trading session, with shares rising over 5% amid expectations of a rebound in its overseas food and bio business. As of 9:41 a.m. on May 14, the company’s stock was trading at 220,000 won, up 11,500 won (5.52%) from the previous trading day, according to the Korea Exchange. On May 12, CJ CheilJedang reported consolidated sales of 7.111 trillion won and an operating profit of 238.1 billion won for the first quarter of this year. These figure May 14, 2026

First Korean Anatomy Textbook to be Registered as National Cultural Heritage The first Korean medical textbook, "Anatomy" (Jejungwon Korean Medical Textbook), will be registered as a national cultural heritage. The Cultural Heritage Administration announced on May 14 that it plans to register "Anatomy" as a national cultural heritage. "Anatomy" is the first Korean anatomy textbook published by Jejungwon, the first modern Western-style medical institution in Korea. Established in April 1885 under King Gojong, Jejungwon served as Korea's first Western hospital, an May 14, 2026

KakaoPay Under Investigation for Allegedly Sharing 404.5 Million User Data with China Authorities have launched a formal investigation into KakaoPay, which is accused of providing hundreds of millions of customer data records to China's Alipay. On May 13, the Chosun Ilbo reported that the Southern Gyeonggi Police Agency has begun its investigation after receiving a referral from the Financial Supervisory Service (FSS) last month. The police are currently investigating KakaoPay for potential violations of the Credit Information Act. According to the FSS's findings, Kakao May 14, 2026

Singer Seo In-young Reveals She's in a Relationship 가수 서인영이 열애 중이라는 사실을 고백했다. On May 13, Seo In-young disclosed her relationship status on her YouTube channel, "Gaegwacheonseon Seo In-young," in a video titled "Seo In-young, a Dating Expert Who Has Never Been Single, Shares Her Dating Secrets (+ Charles Enter)." During the video, when Charles Enter mentioned being a lifelong single, Seo responded, "Why is that? I have never taken a break from dating since elementary school." When asked if she is currently in a relations May 14, 2026

LS Eco Energy Shares Surge 16% on AI Data Center Power Supply Deal in Vietnam Shares of LS Eco Energy soared by 16.7% in early trading after the company announced its participation in a power supply project for a large artificial intelligence (AI) data center in Vietnam. As of 9:27 a.m. on May 14, LS Eco Energy's stock was trading at 109,000 won, up 15,600 won from the previous trading day. The stock reached an intraday high of 109,800 won, setting a new record. The company revealed that its subsidiary, LS-VINA, based in Haiphong, will supply power cables for th May 14, 2026