Stablecoin-Linked Stocks Jump in South Korea on U.S. CLARITY Act Hopes As the U.S. Congress moves toward taking up the CLARITY Act, a key digital-asset regulation bill, South Korea’s market for stablecoin-related plays is reacting quickly. Expectations that global rules will be clarified, along with domestic policy signals, have helped lift related shares and investor interest. According to the securities industry on the 22nd, investors are increasingly betting that if regulators set standards to classify assets as securities or commodities, regulatory unce April 22, 2026

Samsung Biologics Q1 revenue tops 1.2 trillion won; operating profit 580.8 billion won Samsung Biologics said it extended its growth streak in the first quarter, starting the year strongly as it targets annual revenue of 5 trillion won.  The company reported first-quarter revenue of 1.2571 trillion won and operating profit of 580.8 billion won, it said in a regulatory filing on the 22nd. Revenue rose 25.8% from a year earlier and operating profit increased 35%. Samsung Biologics maintained its full-year revenue growth guidance of 15% to 20%, citing full utilization at Pla April 22, 2026

LIG D&A Signs First Export Deal for Haegung Naval Missile With Malaysia South Korea’s shipborne guided weapon system Haegung will be exported for the first time. LIG D&A and Malaysia’s Defense Ministry signed a supply contract for Haegung on Tuesday at the DSA 2026 defense exhibition in Kuala Lumpur, the company said. The deal, Haegung’s first overseas export, is worth $94 million (about 140 billion won). The missile is to be installed on Malaysia Navy littoral patrol vessels built by Turkish defense company STM. Haegung is a domestically develo April 22, 2026

Yulchon, OnYul conference examines nonprofit regulation, governance and social value metrics Yulchon LLC, the OnYul public-interest foundation and the Social Value Institute held the third Yulchon-OnYul Public Interest Legal System Conference at 2 p.m. April 21 at Yulchon’s lecture hall in Seoul’s Gangnam district. The three organizations have hosted an annual conference since 2024, selecting topics aimed at improving public-interest legal frameworks. This year’s agenda focused on legal and legislative issues surrounding the permit-based system for establishing nonprofit corpora April 22, 2026

US Military Seeks to Triple Drone and Air Defense Spending in FY2027 Budget After Iran War The U.S. military is pushing a fiscal 2027 defense budget that would sharply increase investment in drones, air defenses and missile capabilities, citing lessons from the Iran war. The Pentagon plans to raise spending on drones and related technologies to more than $74 billion — about triple previous levels — and to put more than $30 billion into securing key munitions such as missile-intercept systems, The Associated Press reported on April 21. The proposal would significantly expand fun April 22, 2026

South Korea Justice Ministry, Seoul National University Hold Forum on 2030 Immigration Strategy South Korea’s Justice Ministry said it is shifting immigration policy away from a focus on low-skilled, low-wage labor and toward a national strategy to attract talent, as the country confronts a low birthrate and an aging population. The ministry said it held a joint forum with Seoul National University on Tuesday at the university’s Graduate School of Public Administration to discuss a “2030 immigration policy future strategy.” The event was designed to map out practical steps to carry April 22, 2026

Park Hong-geun says government's 'Vision 2045' plan will differ from past strategies Minister Park Hong-geun of the Ministry of Planning and Budget said April 22 that the government’s mid- to long-term national development strategy, “Vision 2045,” being prepared for release by year’s end, will “clearly differentiate itself from existing mid- and long-term plans.” Park made the remarks at a full meeting of the 7th Mid- to Long-Term Strategy Committee at the Korea Press Center in Jung-gu, Seoul. It was his first time attending the committee since taking office. He said S April 22, 2026

South Korea’s Kospi Closes Above 6,400, Sets Fresh Record a Day After New High South Korea’s Kospi broke above the 6,400 mark on expectations of improving semiconductor conditions and continued foreign inflows, setting a fresh record just one day after reaching an all-time high for the first time in about two months. The benchmark closed April 22 at 6,417.93, up 29.46 points, or 0.46%, from the previous session, according to the Korea Exchange. The index opened lower at 6,387.57, quickly turned higher and rose as far as 6,400.11 before finishing with gains a April 22, 2026

OCI posts 28.9 billion won Q1 operating profit, up 171.4% on year OCI said in a regulatory filing on Tuesday that it posted first-quarter consolidated revenue of 506.6 billion won ($?) and operating profit of 28.9 billion won. Revenue fell 6% from a year earlier, while operating profit jumped 171.4%. OCI attributed the profit gain to higher selling prices for key carbon chemicals products and restructuring effects, including the merger with P&O Chemical and the liquidation of OJCB, its carbon black production unit in China. By segment, the basic che April 22, 2026

Prosecutors Indict Park Wang-yeol, Alleged Philippines-Based Drug Kingpin, on Meth Smuggling Charges Prosecutors have indicted Park Wang-yeol, who is accused of smuggling and distributing drugs worth about 13 billion won ($13 billion won) into South Korea from a Philippine prison. The Suwon District Prosecutors Office’s government joint investigation unit on drug crimes said Tuesday it indicted Park in custody on charges including violating the Act on the Aggravated Punishment of Specific Crimes (psychotropic drugs). Investigators said Park imported 317 grams of methamphetamine in four April 22, 2026