AI Pick
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NH NongHyup Bank Waives ATM Withdrawal and Transfer Fees Nationwide Through June
NH NongHyup Bank said April 30 it will waive fees on automated teller machine transactions nationwide through June 30 to ease customers’ burden amid elevated oil prices. The waiver applies to ATMs operated by NH NongHyup Bank and local agricultural and livestock cooperatives across the country. Customers will not be charged fees for cash withdrawals and interbank transfers made through NH NongHyup Bank and cooperative accounts. A bank official said customers are facing higher costs due t
April 30, 2026
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L&F posts 118.9 billion won Q1 operating profit on higher high-nickel shipments
L&F said in a regulatory filing on April 30 that it posted first-quarter 2026 revenue of 735.2 billion won and operating profit of 118.9 billion won. Revenue rose 19% from the previous quarter and 102% from a year earlier. Operating profit increased 44% from the prior quarter and swung to a profit from a year earlier. The company attributed the improvement to higher shipments of high-nickel products that lifted utilization, along with higher selling prices and a favorable exc
April 30, 2026
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Jeep Rubicon Tops 1 Million in Global Cumulative Sales
Jeep said on the 30th that global cumulative sales of its Rubicon models have surpassed 1 million units. Rubicon is positioned as the top tier of Jeep’s off-road lineup and a benchmark for rough-terrain capability worldwide. In South Korea, Rubicon trims accounted for a growing share of Wrangler and Gladiator sales over the past three years, rising from 61% in 2023 to 72.4% in 2024 and more than 73.4% last year, reaching 78.7% as of March this year. The Rubicon name comes from the notorio
April 30, 2026
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LX Semicon Q1 Operating Profit Falls 65.5% to 20.6 Billion Won
LX Semicon said in a regulatory filing on the 30th that its first-quarter consolidated revenue totaled 388.77 billion won and operating profit came to 20.594 billion won. Revenue fell 18.4% from a year earlier, while operating profit dropped 65.5%. From the previous quarter, revenue slipped 0.3% and operating profit declined 17.3%, which the company attributed to the impact of higher raw material prices. The company said the decline also reflected a base effect after customers increase
April 30, 2026
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Tariff Refunds, USMCA Review Roil U.S. Auto Market; Hyundai’s Response in Focus
A U.S. Supreme Court ruling has set tariff refund procedures in motion, signaling shifts in profit expectations for U.S. automakers. For foreign brands operating in the United States, uncertainty is growing as the U.S.-Mexico-Canada Agreement, or USMCA, heads toward a scheduled review. Attention is also on how Hyundai Motor Group, which has been posting strong U.S. results, will respond. Industry officials said April 30 that General Motors expects about $500 million (about 740 billion won)
April 30, 2026
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Busan Buk-gu Gap By-Election Emerges as Three-Way Fight, Poll Shows Tight Race
“This time, people really want to pick someone who can get things done. If you show your face a lot and pay attention to the neighborhood, people’s hearts go to you,” a self-employed resident said in Busan’s Manduk-dong on April 29, describing sentiment ahead of the June 3 National Assembly by-election. Manduk-dong is part of Busan Buk-gu Gap, widely seen as the most competitive district among the upcoming by-elections. Han Dong-hoon, the former People Power Party leader, moved to Mand
April 30, 2026
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Prosecutors Add Charges in Gangbuk Motel Serial Killing Case, Citing More Victims
Prosecutors have filed additional charges against Kim So-young, 20, the suspect in the so-called Gangbuk motel serial killings, after confirming signs of more alleged attacks. Authorities said similar drugging cases involving other men were uncovered beyond the incidents already indicted. According to Yonhap News Agency on the 30th, the Seoul Northern District Prosecutors Office’s Criminal Division 2, led by Chief Prosecutor Kim Ga-ram, additionally indicted Kim on charges of aggravated in
April 30, 2026
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South Korea’s Top 5 Financial Groups to Invest 1 Trillion Won in Venture, Startup Support
KB Financial Group, Shinhan Financial Group, Hana Financial Group, Woori Financial Group and NH NongHyup Financial Group will invest 1 trillion won to support venture companies and startups. The Financial Services Commission said the government and the five financial groups (KB, Shinhan, Hana, Woori and NH) signed a business agreement on Wednesday to boost venture investment and 추진 the “Startup for All Project.” Attendees included Minister of SMEs and Startups Han Seong-sook, Financi
April 30, 2026
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South Korea’s Lee orders public debate on school field trips, review of teacher liability
President Lee Jae-myung on April 30 ordered officials to gather views from across society on school field trips and to review whether teachers face unreasonable legal burdens, amid what has been dubbed the “picnic controversy.” Senior presidential spokesperson Kang Yu-jung said at an afternoon briefing at Chunchugwan that Lee directed the government to collect opinions through an open public debate involving teachers, parents and experts on school experiential learning trips. Kang said
April 30, 2026
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South Korea’s Koo Yun-cheol to Travel to Uzbekistan for Trilateral, ADB Meetings
Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol will depart for Uzbekistan to attend a series of major international meetings, including a trilateral meeting of finance ministers from South Korea, China and Japan and the annual meeting of the Asian Development Bank (ADB). The Ministry of Finance and Economy said Thursday that Koo will leave on May 2 for Samarkand, where he will chair the South Korea-China-Japan meeting of finance ministers and central bank governor
April 30, 2026