SK hynix tops 1.6 million won, Samsung Electronics hits 250,000 in premarket trade Shares of SK hynix and Samsung Electronics surged in premarket trading, extending a broader rally in chip stocks. According to Nextrade (NXT), SK hynix was trading at 1,609,000 won as of 8:48 a.m. on the 6th, up 11.2% from the previous session. Samsung Electronics rose 7.53% to 250,000 won. The gains were attributed to expectations for improving global semiconductor conditions. Overnight, the Philadelphia Semiconductor Index climbed 4.23% to a record high. The MSCI Korea ETF ju May 6, 2026

Korean Civil Servant Claims 430 Million Won Profit From Semiconductor Stock Bet A post by a retail investor claiming hundreds of millions of won in profits from a concentrated bet on semiconductor stocks has drawn attention online. A recent post on Blind, an anonymous workplace community, was titled “Latest update on the civil servant who went all-in with 500 million won on Hynix.” The poster, identifying as the person in question, wrote, “Yes, that’s me,” and said he kept investing in semiconductor shares despite being mocked with warnings that “you’ll go May 6, 2026

Kyobo Securities Raises Samsung Electronics Target Price to 330,000 Won on HBM Boom Kyobo Securities said Tuesday that the strength and durability of the memory upcycle have been confirmed, raising its target price for Samsung Electronics to 330,000 won from 220,000 won, a 50% increase. It maintained its “buy” rating. Choi Bo-young, an analyst at Kyobo Securities, said the key investment point is “visibility and sustainability,” not just the absolute size of profits. “Expanding long-term supply contracts and the full-scale rollout of HBM4 are structural changes t May 6, 2026

LS Electric Showcases UL-Certified DC Power Gear at IEEE PES T&D 2026, Targets North America LS Electric said it is accelerating its push into North America with next-generation solutions spanning direct current (DC) distribution, extra-high-voltage transmission and data center power infrastructure. The company said Tuesday it is taking part in IEEE PES T&D 2026, North America’s largest power and energy exhibition, being held for three days from May 5 to 7 (local time) at McCormick Place in Chicago, Illinois, where it will present power solutions tailored to the North A May 6, 2026

LS Securities Raises KEPCO Engineering Target 12% on Expected Profit Rebound LS Securities on Wednesday raised its target price for KEPCO Engineering & Construction to 230,000 won from 190,000 won, saying the company’s operating performance is expected to rebound sharply this year after what it called a transitional slump last year. It maintained a “buy” rating. Analyst Seong Jong-hwa said first-quarter operating profit is forecast at 10.1 billion won and revenue at 120.1 billion won, up 751% and 25%, respectively, from a year earlier. Revenue is expected to m May 6, 2026

‘Dolsing N Mosol’ Contestant George Sparks Backlash After Zero Votes, On-Air Outburst A surprise on-air moment involving George, a contestant who received zero votes on MBC every1 and E Channel’s dating show “Dolsing N Mosol,” drew sharp reactions on online communities. On the 6th, posts about “George, who got zero votes in the couple selection,” spread across multiple online forums. In the episode, as other participants discussed their date plans, George stood up saying he was going to the restroom, then suddenly stopped. Turning to the group, he asked, “Why didn’t you May 6, 2026

President Lee Jae-myung says ‘real estate never loses’ myth is over President Lee Jae-myung said on Tuesday that the notion that real estate prices never fall is no longer valid. In a post on X, formerly Twitter, Lee shared a report saying roughly half of real estate experts and licensed brokers expect home prices to decline, adding, “Real estate never loses? That myth is gone now.” The report, citing the KB Financial Group Management Research Institute’s “KB Real Estate Report,” said expectations for price increases dropped sharply compared with a s May 6, 2026

Rapper Noel Shares Childhood Photo With Late Father Jang Je-won on Children’s Day Rapper Noel (26), whose real name is Jang Yong-jun, marked Children’s Day by recalling his childhood with his father, the late Jang Je-won, a lawmaker. On May 5, Noel posted a photo to his social media account without a caption. In the image, Jang is seen holding a young Noel in his arms, smiling broadly. Noel is also smiling playfully, creating a warm scene. Born in 2000, Noel became known through Mnet audition programs “High School Rapper” and “Show Me the Money 6.” In 2019, he receiv May 6, 2026

Trump Says Iran Talks Advancing, Pauses Hormuz ‘Project Freedom’ Operation U.S. President Donald Trump said he would temporarily suspend a military operation tied to the Strait of Hormuz, citing progress in negotiations with Iran. In a post Monday on his social media platform Truth Social, Trump said “Project Freedom,” which he described as referring to ship movements through the Strait of Hormuz, would be paused for a short period “to determine whether a final agreement can be concluded and signed.” He said the decision took into account requests from May 6, 2026

Iran Enforces New Strait of Hormuz Transit Rules Requiring Advance Clearance Iran has put a new system in place to manage ships transiting the Strait of Hormuz, state-run Press TV reported. Reuters also cited the report, saying Iran has introduced a new mechanism to control vessel traffic through the waterway. Press TV said Iran on May 5 (local time) officially began operating the new maritime traffic management system for the strait. Under the system, ships seeking to pass through must receive guidance on transit rules and procedures, adjust their sailing plans a May 6, 2026