AI Pick
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PPP’s Jang says probe backfired on Lee, exposing North Korea cash claims and Daejang-dong case
Jang Dong-hyeok, leader of the People Power Party, said April 23 that hearings by a National Assembly special committee investigating alleged “fabricated prosecutions” had backfired on President Lee Jae-myung. Speaking at a party leadership meeting at the Assembly, Jang said the hearings had brought to light what he called the substance of allegations involving Lee, including claims tied to sending money to North Korea and the Daejang-dong case. Jang accused Democratic Party lawmakers
April 23, 2026
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SK hynix Hits Record High After Q1 Earnings Surprise
SK hynix shares rose sharply in intraday trading after the company posted a surprise first-quarter profit on surging demand tied to artificial intelligence chips. According to the Korea Exchange, SK hynix was trading at 1.26 million won as of 9:44 a.m. Thursday, up 3.03% from the previous session. Earlier, it climbed 3.6% to 1.267 million won, setting a fresh record high. The move followed an earnings beat. SK hynix said its first-quarter operating profit on a consolidated basis tota
April 23, 2026
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Chong Kun Dang Health Expands Home Shopping Sales of Lacto-Fit Max 19 Probiotics
Chong Kun Dang Health is expanding its reach to consumers through home shopping channels, led by a new premium probiotic product. The company said it has been selling its newly launched probiotic, Lacto-Fit Max 19, on home shopping since earlier this month. It said the broadcasts have helped raise awareness of the product and have continued to draw consumer interest. In South Korea’s health functional food market, home shopping is often used as an early distribution channel for key items s
April 23, 2026
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Kia Unveils Vision Meta Turismo at Milan Design Week
Kia said Thursday it showcased its “Opposites United” design philosophy and its latest creative direction at the 2026 Milan Design Week, which opened April 20 in Italy. Now in its 64th year, Milan Design Week is a leading global design event spanning architecture, fashion, automobiles and IT, offering a snapshot of cultural and design trends. Kia staged two exhibitions under the theme “resonance of opposing concepts,” pairing an artwork show focused on inward reflection with an EV concept
April 23, 2026
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SK hynix says weak DRAM spot prices have limited impact, expects AI to lift demand
SK hynix said on April 23, during a two-day conference call on its 2026 first-quarter earnings, that recent weakness in DRAM spot prices is not a reliable gauge of broader market conditions. “The spot market accounts for a very small share of the overall DRAM market, and the types and scale of products traded differ from our business,” the company said. “In the current market environment, it is difficult to view spot price moves as reflecting overall market conditions.” SK hyni
April 23, 2026
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South Korea to Expand LPG Butane Fuel Tax Cut to 25% Starting Next Month
The government will expand fuel tax cuts on liquefied petroleum gas (LPG) butane used mainly by lower-income households, anticipating that international LPG price swings tied to the Middle East war will be more fully reflected starting next month. Deputy Prime Minister and Minister of the Ministry of Finance and Economy Koo Yun-cheol announced the plan on the 23rd at a meeting of the interagency task force on special management of cost-of-living prices, releasing a set of measures for ite
April 23, 2026
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NH NongHyup Property & Casualty Invests in Disability Employment Workplace OLMO
NH NongHyup Property & Casualty Insurance has invested in a standard workplace for people with disabilities as it moves to strengthen its ESG management. The insurer said Thursday it made an equity investment in OLMO, a standard workplace for people with disabilities, to expand employment and advance social value. OLMO is a culture and arts-focused workplace that hires artists with disabilities and provides professional training and creative space. It operates hubs in areas including
April 23, 2026
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KOSPI Opens Higher, Breaks Above 6,500 as Samsung Electronics and SK Hynix Rally
South Korean stocks opened higher for a fourth straight session. The benchmark KOSPI briefly climbed above 6,500 soon after the open, extending its run of record highs to a third day, led by gains in chip heavyweights Samsung Electronics and SK Hynix. According to the Korea Exchange, the KOSPI was up 121.87 points, or 1.90%, at 6,539.80 as of 9:28 a.m. It opened up 70.90 points, or 1.10%, at 6,488.83 and then added to gains. The index crossed 6,500 around 9:01 a.m. and continued to rise
April 23, 2026
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Finance Minister Koo, BOK Gov. Shin stress fiscal-monetary coordination amid Mideast uncertainty
Deputy Prime Minister and Finance and Economy Minister Koo Yun-cheol met for breakfast with Bank of Korea Gov. Shin Hyun-song on April 23 and said “close consultations through policy coordination between fiscal and monetary policy are important.” The meeting came two days after Shin took office on April 21. It was arranged to congratulate him and strengthen cooperation between the government and the central bank. Ahead of the talks, Koo said the economy has faced difficulties since the s
April 23, 2026
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Mexican Dining Brand Sugar Skull to Run Experiential Pop-Up at Lotte World Mall in Jamsil
멕시코 다이닝 브랜드 슈가스컬이 서울 잠실 롯데월드몰에서 체험형 팝업스토어를 연다. 슈가스컬은 4월 23일부터 5월 17일까지 서울 송파구 롯데월드몰 지하 1층에서 팝업스토어를 운영한다고 밝혔다. 이번 행사는 브랜드 콘셉트에 공간 체험 요소를 결합한 형태로, 외식업계에서 확산 중인 ‘경험형 매장’ 전략의 일환이라고 설명했다. 팝업은 ‘멕시칸 피크닉’을 주제로 꾸몄다. 멕시코 전통 축제에서 영감을 받은 색감과 장식으로 공간을 연출하고, 브랜드 캐릭터 ‘슈가’, ‘슈미’, ‘타코 트리오’를 활용한 포토존을 마련했다. 방
April 23, 2026