Record Number of Prosecutors Apply for Judgeships Amid Court Reforms As the implementation of judicial reform legislation aimed at abolishing the prosecution office approaches in October, there is a notable increase in the departure of prosecutors. Resignations, leaves of absence, and special prosecutor assignments have surged, with the number of experienced judges applying for judgeships reaching an all-time high. According to the legal community on May 10, the number of former prosecutors applying for judgeships in the 2026 judgeship appointment process May 11, 2026

Students and Businesses Collaborate at Yantai Korean International School's Global Science Festival Yantai Korean International School, led by Foundation Chairman Kim Jeong-gu and Principal Lee Nak-jong, successfully held a large-scale international integrated festival, demonstrating new possibilities for future global education models. On May 9, the school hosted the '2026 Global Science Festival KISY' across its campus. The event garnered significant attention as an international educational platform that integrates science, culture, and industry, receiving enthusiastic responses from May 11, 2026

BTS Captivates Mexico City with Historic Performance at Zocalo On May 6, a convoy of black vehicles slowly entered the heart of Mexico City. As news broke that BTS had arrived, the atmosphere in the city changed dramatically. Fans flocked to the airport early in the morning, with many holding purple light sticks and waiting for hours. Each time the vehicles moved, the sound of phone lights and cheers echoed along the streets, with police motorcycles clearing the way and security vehicles following closely behind. It was a scene reminiscent of a visit from a May 11, 2026

Preference for Reconstruction Over Remodeling Persists Despite Expanded Authority for Special Cities In South Korea's special cities, including Suwon, Goyang, and Yongin, a new law allowing local governments to directly handle apartment remodeling plans has passed the National Assembly. However, there is a growing preference for reconstruction over remodeling in the field, raising concerns about the limited effectiveness of this policy. On May 7, the National Assembly approved the Special Act on Support for Special Cities, which expands the authority of cities with populations over one May 11, 2026

KOSPI Hits Record High Amid Surge in Short Selling Activity As the KOSPI continues its upward rally, funds betting on stock declines through short selling are rapidly increasing. The balance of stock lending transactions has surpassed 180 trillion won for the first time, indicating an unusual trend where short selling expands even amid a rising market. According to the Korea Financial Investment Association and the Korea Exchange, as of May 7, the balance of stock lending transactions reached 179.67 trillion won, and on May 6, it was recorded May 11, 2026

Prosecutor Park Sang-yong Faces Disciplinary Review Over Salmon Party Allegations Prosecutor Park Sang-yong, who is under scrutiny for alleged coercion of testimony related to a "salmon party" during the investigation into the Ssangbangwool North Korea remittance case, is expected to face disciplinary action soon. According to legal sources on May 10, the Supreme Prosecutors' Office plans to hold a disciplinary committee meeting as early as May 11 to discuss Park's case. The committee can summon the subject of the investigation if deemed necessary, but Park stated he May 11, 2026

U.S. Proposes Ceasefire to Iran, But Talks Stall Amid Sanctions The United States has proposed a ceasefire to Iran and is awaiting a response, but discussions to end the U.S.-Iran conflict remain stalled as Iran has not provided an immediate reply. While seeking a diplomatic solution, the U.S. continues to impose sanctions and maintain a maritime blockade, with Iran warning of retaliation against attacks on its vessels. According to Reuters on May 9, the U.S. is waiting for Iran's response to the ceasefire proposal. President Donald Trump expressed op May 11, 2026

First Korea-France Job Fair to be Held After Macron's Visit The "Career Forum 2026 (Forum Emploi 2026)," a leading recruitment and networking event connecting talent and businesses in the Korea-France business community, will take place on the 27th and 29th in Seoul and Busan, respectively. This year’s event is particularly notable as it follows French President Emmanuel Macron's visit to Korea last month and marks the first time it will be held in Busan. Organized by the French Chamber of Commerce in Korea (FKCCI), the event serves as a platform May 11, 2026

Domestic New Drugs Expand into Advanced Biotech, Including CAR-T and Radiopharmaceuticals The scope of domestic new drug treatments is rapidly expanding. From cell and gene therapies to radiopharmaceuticals, the South Korean pharmaceutical and biotech industry is shifting towards advanced biotechnological foundations. According to the Ministry of Food and Drug Safety on May 10, Curocell's chimeric antigen receptor T-cell (CAR-T) therapy, Limcato (active ingredient: anbalcaptagen autoleucel), and FutureChem's diagnostic radiopharmaceutical, Prostavu injection (active ingredient May 11, 2026

K-Bio Heads to ASCO 2026, Clinical Data as Key Asset The domestic pharmaceutical and biotech industries are turning their attention to the global stage ahead of the 2026 American Society of Clinical Oncology (ASCO) conference, scheduled to take place in Chicago from May 29 to June 2. This year's ASCO is expected to serve as a litmus test for K-Bio, determining whether it can translate participation into concrete business outcomes such as licensing deals and mergers and acquisitions (M&A).According to industry sources, ASCO is recognized as the wor May 11, 2026