Theater Faces Crisis as Talented Artists Leave the Industry "There are no suitable works to perform. The economic challenges in the theater industry are driving talented writers away," said industry experts during the 3rd meeting of the Theater Subcommittee of the Cultural Arts Policy Advisory Committee, held on June 9 at the National Museum of Modern and Contemporary Art in Seoul. The subcommittee, which operates under the Ministry of Culture, Sports and Tourism, consists of creators, producers, actors, and association representatives who convey June 9, 2026

Jensen Huang's Visit to South Korea: Implications for AI Collaboration with Nvidia Jensen Huang, CEO of Nvidia, departed South Korea on June 9 amid ongoing discussions about whether his visit will yield tangible business opportunities for the country's AI ecosystem.Upon his arrival on June 5, Huang sparked interest by stating, "I brought a surprise gift for Korea," and claimed that he had secured the largest business deal in Korean history, which he said would bring hundreds of billions of dollars in revenue to the country. However, he did not disclose specific contract detail June 9, 2026

Housing Market Outlook Dims Amid Unsold Inventory and Financial Regulations The housing market outlook has significantly weakened as concerns grow over unsold inventory in regional areas and tightening financial regulations. In contrast, Seoul's housing market remains buoyed by rising property prices, maintaining a benchmark outlook index of 100, highlighting a stark divide between the capital and other regions. On June 9, the Korea Housing Industry Research Institute reported that the national apartment housing outlook index for June is 69.4, a drop of 10.6 points June 9, 2026

SK Siltron Union Demands Employment Security, Increasing Burden on Doosan Acquisition SK Siltron's labor union is set to intensify pressure on Doosan amid ongoing acquisition efforts by prioritizing employment security in this year's wage and collective bargaining negotiations. According to industry sources, the union plans to present demands for formal employment guarantees and special incentive payments during negotiations starting June 10. The union aims to focus on job security and the protection of workers' rights, regardless of the sale's outcome. To this end, they co June 9, 2026

Jensen Huang Completes 5-Day Visit to South Korea, Highlighting AI Collaboration Jensen Huang, CEO of NVIDIA, has completed a five-day visit to South Korea, signaling the country's potential to evolve from a mere memory supplier to a strategic hub for AI infrastructure and physical AI testing. According to industry sources, Huang departed from the Gimpo Business Aviation Center in Gangseo-gu, Seoul, on the morning of June 9. He expressed his satisfaction with the visit, stating, "It was really great," and added, "I look forward to coming back to Korea." During his st June 9, 2026

HY and Paldo Target U.S. Market with BTS-Backed Brand ARIH HY and Paldo, previously focused on the domestic market and Asian expansion, are accelerating their entry into the U.S. market with the backing of BTS. Their newly launched global food and beverage brand, ARIH, has seen early success in the U.S., raising industry speculation about whether this project could mark a turning point for their international business growth. According to the food industry on June 9, ARIH, a global food and beverage brand co-developed by HY and its subsidiary June 9, 2026

Bank of Japan Poised to Raise Interest Rates to 1% for First Time in 31 Years The Bank of Japan is increasingly likely to implement an interest rate hike at its monetary policy meeting this month. Rising oil prices due to instability in the Middle East have raised concerns that inflation could spread more broadly. The central bank is considering raising the current policy interest rate from 0.75% to 1.0%. If approved, this would mark the first time Japan's policy interest rate has reached the 1% level since 1995. On June 9, the Nikkei reported that the Bank of Jap June 9, 2026

Shin Ramyeon Celebrates 40 Years of Global Popularity, Reaches Remote Himalayas Travelers leave Pokhara, Nepal's second-largest city and a gem of the Himalayas, and arrive at the last point accessible by jeep. From there, they embark on a challenging week-long trek to Annapurna Base Camp (ABC), located at an altitude of 13,600 feet. The breathtaking scenery, often referred to as the roof of the world, captivates trekkers, but what surprises many Korean hikers is the constant presence of Shin Ramyeon throughout their journey. During the week-long trek, hikers stay in June 9, 2026

Xi Jinping Concludes Visit to North Korea, Emphasizing Strategic Cooperation Chinese President Xi Jinping returned to Beijing on the afternoon of June 9 after completing a state visit to North Korea, his first in seven years. During the two-day visit, Xi reaffirmed the traditional friendship between China and North Korea with Kim Jong Un. Notably, while their 2019 meeting focused on denuclearization and peace on the Korean Peninsula, this visit emphasized strategic cooperation and socialist solidarity between the two nations. According to China's state-run Xinhua June 9, 2026

Eunma Apartment Reconstruction Project Seeks Approval for Relocation Next Summer The Eunma Apartment in Daechi-dong, a symbol of reconstruction in Seoul's Gangnam district, has completed its application for project approval and is accelerating plans for relocation next year. The association is considering starting the relocation as early as next summer break, following the approval of the project implementation. According to the construction industry on June 9, the Eunma Apartment reconstruction association recently submitted its project implementation application to t June 9, 2026