Hanwha to Pursue Joint Venture With Canada Auto Parts Group to Produce Military Vehicles Hanwha Aerospace is teaming up with Canada’s Automotive Parts Manufacturers’ Association to build a local production base for ground weapons systems, including military vehicles. Hanwha Aerospace said April 30 that it signed a memorandum of understanding on April 29 (local time) in Ontario with APMA and Hanwha Ocean to pursue a joint venture to produce military vehicles and special-purpose industrial vehicles. The companies said the partnership would move forward in earnest if Hanwha Ocea April 30, 2026

LG Energy Solution Targets ESS Sales Share Above 35% by Year-End * This article has been translated by AI. April 30, 2026

Korea Credit Union Insurance Arm Targets 10 Trillion Won in Assets The Korea Credit Union Federation said it aims to expand its mutual-aid insurance business and build insurance assets to 10 trillion won, while strengthening financial protection for members on the back of stable growth. The federation said it held its “2025 Insurance Awards and 2026 Vision Declaration” on April 29 at its training center in Daejeon, where it reviewed 2025 performance and shared its 2026 direction. For 2026, it outlined priorities including stronger competitiveness in me April 30, 2026

South Korea launches task force to prepare Major Crimes Investigation Agency opening The Ministry of the Interior and Safety said Thursday it has launched an opening preparation team to support the planned October start of the Major Crimes Investigation Agency. The team is a dedicated unit meant to ensure a stable launch of the new agency, which is to be created on Oct. 2 as part of a broader overhaul of the criminal justice system aimed at separating investigations from prosecutions. The preparation team will be housed within the Interior Ministry. Vice Minister Kim Mi April 30, 2026

Dr.SEED Expands Offline Scalp Care With Musinsa Mega Store Seongsu Launch Scalp care brand Dr.SEED is expanding its offline presence. The company said it has opened a shop-in-shop at Musinsa Mega Store Seongsu, which opened on the 24th, and is offering customized products tailored to different scalp conditions. Musinsa Mega Store Seongsu is a large offline retail space where shoppers can experience fashion and beauty brands in one place, and it is positioned as a symbol of Musinsa Beauty’s push to expand offline touchpoints. Through the new location, Dr.SEED is int April 30, 2026

South Korea Launches Broad AI Strategy to Upgrade Data, Manufacturing and Government South Korea’s Ministry of Science and ICT is moving ahead with a comprehensive strategy to respond to a sweeping shift driven by artificial intelligence, spanning data 확보, research and development, industrial deployment and global expansion. The government plans to invest more than 60 trillion won in national strategic technologies over the next five years and accelerate its push to become one of the world’s “top three AI powers” by expanding AI-based innovation across manufacturing, pu April 30, 2026

South Korea FTC to Base Fines on Last Full Year Before Violation Ends; Retaliation Penalty Up to 30% South Korea’s competition watchdog will change how it calculates administrative fines, shifting the sales base period from the business year immediately before a violation to the business year immediately before the violation ends. It will also raise penalties for retaliation in the agency and franchise sectors, allowing fines to be increased by up to 30% when businesses retaliate over reports to the Fair Trade Commission.  The Fair Trade Commission said April 30 it will seek public co April 30, 2026

Korea Fair Trade Commission Warns of Refund Delays as Prepaid Installment Firms Drop to 76 South Korea’s Fair Trade Commission said Thursday the number of registered prepaid installment transaction companies fell to 76 in the first quarter, down from 77. The commission said two companies canceled their registrations during the quarter and one newly registered. Four companies reported changes to key information such as executives or addresses. A Plus Life and Baramil Good Life changed their representatives, The Better Life changed its address, and Utopia Future changed its em April 30, 2026

National Fire Agency, Pediatric Emergency Society to Upgrade 119 Child Emergency Response The National Fire Agency said April 30 it confirmed practical cooperation steps with the Korean Society of Pediatric Emergency Medicine after holding a meeting the previous day to strengthen response systems for pediatric emergency patients and improve transport. The agency said the talks were arranged as hospitals face growing difficulty accepting pediatric emergency patients amid regional imbalances in pediatric medical resources and a shortage of residents. It said the goal is to combi April 30, 2026

Queen Camilla Meets Sarah Jessica Parker at New York Public Library Event After two days in Washington, King Charles III and Queen Camilla traveled to New York, drawing a lineup of public figures including New York City Mayor Zoran Mamdani. Local media including The New York Times reported that on April 29 (local time), Charles visited the 9·11 Memorial in Lower Manhattan. At the memorial pools, the king and queen paid tribute to the victims and laid flowers. Michael Bloomberg, chairman of the memorial, stood with Charles during the wreath-laying. Charl April 30, 2026