U.S. Treasury warns of sanctions for dealings with blacklisted Iranian airlines U.S. Treasury Secretary Scott Bessent warned that individuals and companies that do business with sanctioned Iranian airlines could face U.S. penalties, as Washington steps up economic pressure on Iran amid stalled talks to end the war. According to The Wall Street Journal, Bessent said in a statement on April 27 that "doing business with sanctioned Iranian airlines carries the risk of being targeted by U.S. sanctions." He urged governments to take steps to ensure their companies do not pr April 28, 2026

Democratic Party’s Jeong Won-oh Blasts Oh Se-hoon Over Reversal on Seoul Land-Trade Rule Democratic Party Seoul mayoral candidate Jeong Won-oh on April 28 opened his first public campaign committee meeting and stepped up attacks on People Power Party candidate Oh Se-hoon. Speaking at the meeting in central Seoul, Jeong said Oh “impulsively” lifted Seoul’s land transaction permit system and then reversed course 35 days later, “creating confusion in the market.” He said it “doesn’t add up” for Oh to now shift responsibility to the government. Jeong also accused Oh of repeated April 28, 2026

South Korea’s Democrats Reject U.S. House GOP Letter Urging End to Coupang ‘Discrimination’ South Korea’s Democratic Party said U.S. House Republicans were wrong to urge Seoul to stop what they called discrimination against Coupang, arguing that investigating companies suspected of breaking Korean law is a sovereign right. Han Jeong-ae, the party’s policy chief, said at a party meeting at the National Assembly on April 28 that the letter’s argument effectively implies U.S. companies should face looser standards abroad than in the United States. “They invoke the rule of law and April 28, 2026

Hyundai Card Launches 3 New Check Cards, Including Apple Pay Rewards Option Hyundai Card said on 28일 it is rolling out three new “Hyundai Card Check” products: a points option, a cashback option and an Apple Pay rewards card. The Apple Pay rewards card is the company’s first product introduced since Apple Pay launched in 2023. It offers 10% cashback on purchases made via Apple Pay at merchants in South Korea and overseas. As a check card, it can also be issued to teenagers who want to use Apple Pay. Apple Pay can be used not only on iPhones but also on Apple Wat April 28, 2026

KG Mobility to Add Union Representative to Board Under New Participation Director System KG Mobility, or KGM, said on the 29th it will implement a “participation director system,” becoming the first automaker to have a labor union join the board as an employee representative. The system formalizes a role for the union in the board of directors — the company’s top decision-making body — allowing it to present views on major management issues and during decision-making. KGM said the move was pursued after Chairman Kwak Jae-seon proposed reviewing the idea at a year-end meetin April 28, 2026

SK Hynix Hits Record High Above 1.32 Million Won Despite Rating Cut SK Hynix climbed above 1.32 million won in intraday trading, setting another record high as expectations for stronger demand tied to artificial intelligence chips continued to lift the stock. According to the Korea Exchange, SK Hynix was trading at 1,325,000 won as of 10:27 a.m. on April 28, up 33,000 won, or 2.55%, from the previous session. The shares pushed past the 1.32 million-won level during the session, marking a fresh all-time high. Analysts cite rising expectations for higher April 28, 2026

White House Unveils Beehive Shaped Like Its Mansion as King Charles III Visits Washington As Britain’s King Charles III and Queen Camilla arrived in Washington on April 27 (local time) for a state visit, the U.S. and British governments rolled out a series of soft-power gestures highlighting the closeness of the two allies, despite friction over issues including the Iran war. One of the most eye-catching moves came from the White House, which last week installed a new beehive built as a miniature of the White House mansion. In a social media post on April 24, the White House April 28, 2026

Hansung Motor Adds Customer Experience Managers at 19 New-Car Showrooms Hansung Motor said April 28 it will introduce a new “Customer eXperience Manager,” or CXM, at its 19 new-car showrooms. Hansung Motor, an official Mercedes-Benz partner, said the move comes as Mercedes-Benz shifts to its new sales model, “Retail of the Future,” or RoF. The CXM will serve as each showroom’s top customer-experience lead, overseeing operations tied to customer service. The role will manage the full customer journey — from showroom visits and consultations to test drives, April 28, 2026

ABL Bio Shares Slide After Bile Duct Cancer Drug Misses Overall Survival Endpoint Shares of ABL Bio fell sharply early Tuesday after news that its subsidiary’s bile duct cancer drug candidate “tovecimig” failed to meet the overall survival (OS) endpoint in a Phase 2/3 trial. According to the Korea Exchange, ABL Bio was trading at 137,400 won as of 10:20 a.m., down 35,300 won, or 20.44%, from the previous session. The move followed an announcement by ABL Bio’s U.S. unit, Compass Therapeutics, which said on April 27 local time that it released trial results comparing a April 28, 2026

Kolon Industries shares jump 15% on hopes of demand shift after SABIC outage Kolon Industries surged after reports that a competitor’s production facilities for modified polyphenylene oxide, or mPPO, had halted operations.  According to the Korea Exchange, Kolon Industries was trading at 103,500 won as of 10:23 a.m. on the 28th, up 13,500 won, or 15.00%, from the previous session. The stock rose as high as 104,900 won early in the session, setting a new one-year high. Foreign media reported the previous day that a polyphenylene ether (PPE) resin plant operated by April 28, 2026