EV Charging Firm Chaevi Jumps 132% in KOSDAQ Debut Chaevi, an electric-vehicle charging infrastructure company, surged in its KOSDAQ debut as buying poured in after trading opened. Shares were trading at 28,550 won as of 10:21 a.m. on Tuesday, up 132.11% from the IPO price of 12,300 won, according to the Korea Exchange. The exchange approved Chaevi’s KOSDAQ listing on April 27 and began trading on Tuesday. Newly listed shares are not subject to the volatility interruption mechanism, known as VI, on the first day, which can lead to larger April 29, 2026

Hyundai Steel Extends Rally to Five Sessions on Steel Price Rebound, China Output Cut Hopes Hyundai Steel extended its gains for a fifth straight session in early trading, supported by a rebound in steel prices and expectations of higher product prices. As of 10:25 a.m. on April 29, Hyundai Steel shares were trading at 45,950 won, up 1,850 won, or 4.20%, from the previous session. The stock has risen for five consecutive sessions since April 23, gaining more than 10% over that period. The advance was attributed to growing expectations for an industry upturn as China, the wo April 29, 2026

Climate, Energy and Environment Minister Visits Doosan Enerbility Plant to Check New Reactor Equipment Kim Sung-hwan, minister of climate, energy and environment, visited a major nuclear equipment manufacturing site to help ensure the smooth rollout of new nuclear power plant construction. The ministry said Kim visited Doosan Enerbility’s Changwon plant in Seongsan-gu, Changwon, South Gyeongsang Province, on Tuesday morning to inspect production of key nuclear power plant components. The visit was part of on-site checks aimed at moving forward, without setbacks, with new reactors included i April 29, 2026

South Korea Labor Ministry Honors Top Labor Inspectors, Holds Jeon Tae-il Tribute Event The Ministry of Employment and Labor said it awarded ministerial citations to outstanding labor inspectors and held a Jeon Tae-il biography “continuation writing” event on the 29th at the Jeon Tae-il Memorial Hall. The ministry selected 10 teams and nine individuals as outstanding labor inspectors. In workplace inspection, the honorees were the Jungbu Regional Office’s Metropolitan Labor Standards Inspection Division, the Changwon Branch Office’s Labor Standards Inspection Division, the Da April 29, 2026

South Korea’s Finance Ministry Holds Talks on Creating a Korean-Style Sovereign Wealth Fund The government, which plans to draw up a plan in the first half of this year to launch a Korean-style sovereign wealth fund, convened a meeting Tuesday to gather views from related organizations. Min Gyeong-seol, director general for innovative growth at the Ministry of Finance and Economy, held a roundtable at the Korea Fiscal Information Service with promising companies in strategic industries and officials from the Financial Services Commission, the Korea Development Bank and other ag April 29, 2026

Patriots and Veterans Affairs Ministry to Hold Public-Private Forum on Future Policy As the number of people eligible for veterans benefits declines and the policy environment shifts rapidly, South Korea’s Ministry of Patriots and Veterans Affairs will hold a forum to discuss the direction of future veterans policy. The ministry, led by Minister Kwon Oeul, said it will host the policy forum, titled “NEXT Patriots and Veterans Affairs: Asking and Answering the Future,” on April 30 afternoon at Park Jeong-mo Hall at the Seoul Regional Office of Patriots and Veterans Affa April 29, 2026

Samsung C&T Adds AI Tax Service ‘Tax AI’ to Homeniq Home Platform Samsung C&T Corp.’s construction division is expanding its home platform, Homeniq, beyond basic residential convenience features into professional asset management services. Samsung C&T said Tuesday it has partnered with AI tax solution provider New I to offer its customized tax analysis service, Tax AI, through the Homeniq app. With the partnership, Homeniq users can add tax services to existing functions such as home IoT controls, community facility reservations and v April 29, 2026

Aju IB Investment Shares Slide Nearly 20% After Majority Owner Plans Block Trade Aju IB Investment shares fell nearly 20% in intraday trading after news that its majority owner plans a block trade, raising concerns about a large supply of shares hitting the market and a reduced controlling stake. According to the Korea Exchange, Aju IB Investment was trading at 14,980 won as of 10:02 a.m. on Tuesday, down 3,720 won, or 19.89%, from the previous session. Aju, the company’s largest shareholder, said in a regulatory filing the previous day that it plans to sell 8,480,17 April 29, 2026

Actor Jin Tae-hyun to Leave JTBC’s ‘Divorce Consideration Camp’ After Reports Surface Early Actor Jin Tae-hyun is leaving JTBC’s “Divorce Consideration Camp.” Cast changes are common in entertainment programming, but the lingering question in this case has been less about why he is departing than about how the exit was handled. Jin said on social media on the 28th that he had planned to say goodbye after his final episode, but wrote earlier because an official article about his departure was published while he still has many episodes left to air. He said he learned of the production t April 29, 2026

Elysian Gangchon to Host Forest Bakery Market in Chuncheon on May 24 Elysian Gangchon in Chuncheon, Gangwon Province, will hold its large-scale “Forest Bakery Market” on May 24, bringing together well-known bakeries and dessert brands from across South Korea, the resort said Tuesday. ◆ A picnic-style bakery festival in the woods First introduced in October 2024, the Forest Bakery Market has expanded each year and has drawn strong interest, with more than 20,000 visitors attending a single event. This year’s theme is “The moment forest scents meet the aroma April 29, 2026