AI Pick
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Special Prosecutor Investigates Former Prosecutor Lee Chang-soo in Deutsche Motors Case
The Special Prosecutor's team, led by Kwon Chang-young, is questioning former Seoul Central District Prosecutor Lee Chang-soo on June 15 regarding allegations of covering up the Deutsche Motors investigation. The questioning is set to begin at 10 a.m., with Lee appearing as a suspect in the case involving the creation of false documents. Lee arrived at the Special Prosecutor's Office in Gwacheon at approximately 9:10 a.m. He did not respond to questions from reporters as he made his wa
June 15, 2026
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Jeju Airlines Surpasses 1 Million Passengers for Five Consecutive Months
Jeju Airlines was the leading carrier among South Korea's low-cost airlines during the May holiday period, transporting the highest number of passengers. According to data from the Ministry of Land, Infrastructure and Transport on June 15, Jeju Airlines carried 1,107,549 passengers in May, marking a 7.6% increase from 1,029,004 passengers during the same period last year. Domestic flights saw a slight increase from 415,966 to 424,036 passengers, a rise of 1.9%, while international fli
June 15, 2026
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Shinhan Card's CEO Park Chang-hoon on Redesigning the Future of Payment in the AI Era
The card industry is undergoing its most significant transformation since its inception. In the past, the number of members and merchants determined competitiveness, but now data, platforms, and artificial intelligence (AI) are the key factors. As the pressure from easy payment systems and big tech intensifies, and with stablecoins and AI agents disrupting the payment market, the very existence of card companies is being questioned. Park Chang-hoon, CEO of Shinhan Card, is recognized as a leader
June 15, 2026
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Financial Supervisory Service Investigates SpaceX IPO Allocation Controversy
The Financial Supervisory Service (FSS) is investigating the circumstances surrounding the failed domestic subscription for SpaceX's initial public offering (IPO) by Mirae Asset Securities. Although Mirae Asset attempted to conduct the subscription for domestic investors, it ultimately did not secure any shares in the public offering, prompting a review of investor protection procedures and prior notifications. According to the financial investment industry on June 14, the FSS has been examinin
June 15, 2026
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Public Participation in Selecting Outstanding Policies as Planning Ministry Revamps Award System
The Ministry of Planning and Budget is incorporating public input into its "Special Performance Award System" to select outstanding policies. From the candidate nomination stage to the final selection, public voting will be included, and winners will receive incentives such as performance evaluation bonuses. Starting June 15, the Ministry will begin a public nomination process for candidates for the "Second Special Performance Award." A banner for public nominations has been created on the
June 15, 2026
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Top 10 Seoul Universities Implement Strict Admissions Limits for Repeat Students
Major universities in Seoul have confirmed the introduction of strict measures that effectively block admissions for repeat students (N students) in the 2028 college entrance process. Notably, institutions that previously allowed N students to apply have now restricted eligibility to current high school seniors, resulting in a 2.5-fold increase in the number of universities that do not accept repeat students compared to the previous year. While current seniors benefit from expanded admissi
June 15, 2026
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Deputy Minister Kang Yoon-jin Visits Veterans in Jeonbuk Region
The Ministry of Veterans Affairs is reaching out to national heroes and their families in celebration of the Month of Patriotic Martyrs in June 2026. On June 15, the ministry announced that Deputy Minister Kang Yoon-jin will visit the Jeonbuk region to pay respects to surviving patriots and inspect key veterans' facilities. Over the past year, the ministry has implemented 41 projects across 12 areas based on four strategic goals: appropriate compensation for sacrifice and dedication
June 15, 2026
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Shinsegae Chairman Jung Yong-jin to Receive History and Sensitivity Training with Starbucks Employees
Shinsegae Group Chairman Jung Yong-jin and executives, along with all employees of Starbucks Korea, will undergo training to enhance their historical awareness and social sensitivity. On June 15, Shinsegae Group announced that on June 17, it will conduct history awareness and social sensitivity training for executives from its E-Mart division and employees at Starbucks Korea's headquarters at the Shinsegae Namsan training center. Notably, Starbucks Korea will close all its stores nat
June 15, 2026
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Concerns Rise Over UEFA President's Comments on 2026 World Cup
Aleksander Čeferin, the president of UEFA, faced backlash from participating nations after he remarked that the upcoming 2026 FIFA World Cup in North America, featuring 48 teams, would result in "boring matches." On June 14, the 13 nations competing in the tournament, co-hosted by the United States, Mexico, and Canada, issued a joint statement expressing their "deep disappointment" with Čeferin's comments. The statement was supported by football associations from South Africa, Morocco
June 15, 2026
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KOSPI Surges Over 4% on U.S.-Iran Peace Agreement, Eyes 9,000 Points
The KOSPI index surged over 4% at the opening on news of a peace agreement between the United States and Iran. As expectations grow for reduced geopolitical risks in the Middle East, optimism is rising for the KOSPI to reach the 9,000-point mark after recently recovering above 8,400. According to the Korea Exchange, as of 9:10 a.m., the KOSPI was trading at 8,489.37, up 365.75 points (4.50%) from the previous trading day. The index opened at 8,526.12, a rise of 402.50 points (4.95%), and
June 15, 2026