AI Pick
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CJ CheilJedang to Showcase Korean Traditional Spirits at PGA Tour CJ Cup Byron Nelson
CJ CheilJedang is using the PGA Tour’s CJ Cup Byron Nelson to promote Korean traditional spirits in the United States. The company said May 7 it will serve cocktails made with Munbaeju and Gamuchi soju at this year’s tournament, aiming to introduce players and spectators to the aroma and flavor of Korean traditional liquor and build a foothold for expansion in global markets. CJ CheilJedang also offered four Munbaeju-based cocktails at last year’s event. Munbaeju is a distilled spiri
May 7, 2026
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Yu Jang-hee Warns of Global Economic Reset, Urges Korea to Diversify Export Markets
The global economic order is being reshaped at speed, with war, tariffs and technology rivalry colliding and undermining the free-trade system that long underpinned growth. Yu Jang-hee, head of the National Council of Elders’ Wonjiwon, described the moment not as a routine downturn but as a “transition of order,” citing the Russia-Ukraine war, conflict in the Middle East, U.S. tariff policy and U.S.-China tensions. Yu said higher energy prices and unstable supply chains could drive inflation
May 7, 2026
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SK Biopharm Q1 Operating Profit Jumps to 89.8 Billion Won on Cenobamate U.S. Growth
SK Biopharm posted its strongest results on record, driven by accelerating U.S. growth of its epilepsy drug cenobamate, sold in the United States as Xcopri. The company said in a regulatory filing on 7 that its first-quarter operating profit on a consolidated basis totaled 89.8 billion won, up 249.7% from a year earlier. Revenue rose 57.8% to 227.9 billion won. A company official said the quarter was notable because operating profit came in close to 90 billion won even as re
May 7, 2026
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Arm Says Demand for Its Data Center AI Chip Has Doubled, Challenging Nvidia’s Grip
British chip designer Arm says demand for its in-house data center artificial intelligence chip is running ahead of expectations, accelerating its shift into selling finished chips. The move puts Arm into more direct competition in an AI chip market that has largely grown around Nvidia’s graphics processing units, as Arm pushes its own CPU-based product. The Financial Times and The Wall Street Journal reported that Arm said in an earnings release on 7일(현지시간) that combined demand for i
May 7, 2026
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Markets Rally on Hopes for U.S.-Iran Deal, but Key Gaps Remain
Global financial markets have moved quickly on signs of progress in U.S.-Iran talks. Global oil prices fell nearly 7% in a day, and New York stocks set fresh record highs. South Korea’s Kospi also briefly topped 7,500 for the first time, and the won-dollar exchange rate returned to prewar levels. Investors are betting that Middle East risks could ease sooner than expected — a familiar burst of weekend optimism from the region. The United States and Iran are said to be discussing the possibility
May 7, 2026
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SK Telecom Posts 5.376 Trillion Won Q1 Operating Profit as AI Data Center Sales Surge
SK Telecom (SKT) said it showed signs of recovery in the first quarter after the fallout from a hacking incident last year. Revenue and operating profit edged down from a year earlier, but sales from its AI data center business nearly doubled, and the company maintained net additions in 5G subscribers, keeping a 45.7% market share. SKT said Thursday that on a consolidated basis it posted first-quarter 2026 revenue of 4.3923 trillion won and operating profit of 537.6 billion won. Revenue f
May 7, 2026
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Hyundai Motor shares rise on expectations for Boston Dynamics’ Atlas developer model reveal
Hyundai Motor shares climbed in early trading on expectations surrounding the release of a developer model of the humanoid robot Atlas. According to the Korea Exchange, Hyundai Motor was trading at 567,000 won as of 9:58 a.m. on the 7th, up 3.09% from the previous session. Market watchers said investor sentiment was boosted by a recently released video of Atlas’ developer model from Boston Dynamics, Hyundai Motor Group’s robotics affiliate. The video was first posted on YouTube and sho
May 7, 2026
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DP Floor Leader Han Byung-do Urges Vote on Constitutional Amendment, Calls on PPP to Join
Han Byung-do, the Democratic Party’s floor leader who won a second term, said May 7 he would push for swift passage of a constitutional amendment, move quickly to form the National Assembly’s second-half leadership and complete the Lee Jae-myung government’s legislative agenda. Speaking at his first policy coordination meeting since taking office again, Han warned the People Power Party, which has adopted opposition to the amendment as its party line, that it would face “irreversible pub
May 7, 2026
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LG Electronics Launches All-in-One Heat Pump Boiler to Expand Electric Heating in South Korea
LG Electronics is launching an all-in-one heat pump system boiler in South Korea, aiming to capitalize on the shift toward electrification in the heating market. The company plans to expand adoption of residential heat pumps by offering a high-efficiency electric alternative in a market still dominated by gas boilers. The company said Thursday the new product combines the outdoor unit and key system components into a single package. That design eliminates the need for separate refrigerant
May 7, 2026
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Hyundai Motor Launches Updated Mighty, Pavise and Xcient Trucks, Including Hydrogen Model
Hyundai Motor Co. on Wednesday launched three updated commercial truck lines, including a refreshed hydrogen fuel cell model, as it seeks to bolster its position in South Korea’s sluggish freight-truck market. The automaker said it released the 2027 “The New Mighty” and “The New Pavise,” along with the 2027 “Xcient” and “The New Xcient Hydrogen Fuel Cell Truck.” Hyundai said the design updates create a shared family look across the Xcient, Pavise and Mighty lineup, reinforcing a toug
May 7, 2026