KAIST’s Kim Hyeongjun says energy sector is central driver of climate change “Because humanity has produced energy while developing society and the economy — and inevitably emitted greenhouse gases — the core cause of climate change lies in the energy sector. To solve it, we have to break one of the links in the chain somewhere along the way.” Kim Hyeongjun, a chair professor at KAIST’s Moon Soul Graduate School of Future Strategy and Department of AI Futures Studies, made the remarks Tuesday while delivering a lecture titled “The Climate Crisis, Energy Security an April 29, 2026

LG Electronics warns of further PC price hikes if memory prices keep surging Park Sang-ho, an executive director in charge of management planning at LG Electronics’ MS division, said on April 29 during an earnings conference call that a shortage of memory semiconductors and rising prices are pushing up costs across the PC industry. “For PC products, which have a high share of memory components, the entire industry is facing a heavy burden from sharply higher costs,” Park said. “We have already applied price increases of about 15% to 20%, but if memory prices con April 29, 2026

US Targets Iran’s ‘Shadow Banking’ Network With Sanctions on 35 People, Firms The United States is stepping up economic pressure on Iran by expanding sanctions aimed at what it calls a “shadow banking” network that Washington says serves as a funding lifeline for Iran’s military, as talks on ending the war remain stalled. Reuters reported that the Treasury Department’s Office of Foreign Assets Control said Monday it had designated 35 individuals and companies for their alleged involvement in sanctions evasion and terrorism financing. OFAC said the targets helped April 29, 2026

South Korea Trains 10 UAE Presidential Guard Officers in Four-Week Protection Course The Presidential Security Service said it provided four weeks of commissioned training for 10 protection officers from the UAE Presidential Guard Command, running from late last month through April 24. The service said on April 29 the program was held at its Security and Safety Training Institute in Seoul’s Gangseo District and other sites. It said the curriculum was tailored to UAE requests while incorporating the agency’s protection capabilities. Weeks 1 and 2 covered protection theory April 29, 2026

FKI Chairman Ryu Jin Says Two-Thirds of Top 10 Groups’ New Hires Will Be Entry-Level Ryu Jin, chairman of the Federation of Korean Industries, said on the 29th that he would help address youth employment as young people struggle to find jobs. Speaking at the 2026 Korea Shared Growth Job Fair, Ryu said the country’s 10 largest business groups plan to hire a total of 52,000 people this year, up 2,500 from last year. He said about two-thirds of those hires will be entry-level young workers. In congratulatory remarks, Ryu said it is time for the government and companies to ac April 29, 2026

South Korea names Coupang founder Bom Kim as controlling shareholder for antitrust rules South Korea’s antitrust regulator has designated Coupang Inc. Chairman Bom Kim as the company’s “same person,” a status used to identify the controlling figure of a large business group. The Fair Trade Commission said it concluded Kim’s brother, Coupang Vice President Youseok Kim, effectively participated in management and exercised influence, triggering disclosure and other obligations under the Fair Trade Act. The commission said Tuesday it will change Coupang’s designation from the “Cou April 29, 2026

Gyeryong Construction to Unveil ELIF Garden at 2026 Seoul International Garden Show Gyeryong Construction said Tuesday it will take part in the 2026 Seoul International Garden Show, running May 1 through Oct. 27 at Seoul Forest, where it will present a corporate garden called ELIF Garden. The garden was planned around the theme of “harmony among people, nature and space,” reflecting the values of the company’s ELIF housing brand through a garden setting. Inspired by the “madang,” a courtyard central to traditional Korean gardens, the space is designed to let city re April 29, 2026

Handy Company Picked to Supply AI Tool for Korea’s ‘Startup for Everyone’ Program Handy Company, a full-service advertising agency that supports the entire startup process, said April 28 it was selected as an AI solution supplier for “Startup for Everyone,” a nationwide entrepreneurship project led by the Ministry of SMEs and Startups and the Korea Entrepreneurship Agency. “Startup for Everyone” is a government-backed program designed to help aspiring founders at the idea stage develop real business models through mentoring, training and a step-by-step tournament forma April 29, 2026

South Korea’s Treasury Bond Issuance Tops 200 Trillion Won for First Time; Foreign Share Hits Record South Korea’s issuance of Treasury bonds topped 200 trillion won for the first time last year, setting a record high. The Ministry of Economy and Finance said Tuesday it published a government bond white paper, Government Bonds 2025, summarizing last year’s Treasury bond market trends and key statistics. According to the report, Treasury bond issuance totaled 226.2 trillion won last year, up 68.5 trillion won from 157.7 trillion won a year earlier. It was the first time annual issuan April 29, 2026

Lee orders review to allow high-oil-price aid at gas stations with over 3 billion won in sales President Lee Jae-myung on April 29 ordered a review of allowing high-oil-price relief funds to be used at gas stations with annual sales of more than 3 billion won. Lee Kyu-yeon, the presidential office’s senior secretary for public relations and communication, said in an afternoon interview on KBS radio’s “All Politics in the World” that Lee directed aides to consider easing the rules. “Because it’s high-oil-price relief funds, we thought people should at least be able to put in gas, April 29, 2026