NVIDIA CEO Jensen Huang Visits Naver Headquarters, Emphasizes GPU Benefits Jensen Huang, CEO of NVIDIA, visited Naver's 1784 headquarters in Seongnam, South Korea, on June 8, stating, "The more GPUs you have, the more you can work and the happier you can be." According to the IT industry, Huang arrived at the Naver headquarters at 3:45 PM, where he met with Naver Chairman Lee Hae-jin and CEO Choi Soo-yeon. Upon arriving in the lobby, he warmly embraced Lee, marking their second meeting during Huang's visit, following their first encounter on June 5. Naver prepa June 8, 2026

Eduwill Partners with Capstone Ventures for Global E-Commerce and AI Education Eduwill has joined forces with Capstone Ventures, a global e-commerce solutions company, to cultivate practical talent for the global e-commerce and artificial intelligence (AI) education markets. On June 8, Eduwill announced that it has signed a memorandum of understanding (MOU) with Capstone Ventures to jointly plan and operate global e-commerce and AI-based education initiatives. The agreement aims to combine the core competencies of both companies to develop practical professionals o June 8, 2026

7.8 Magnitude Earthquake Strikes Southern Philippines, Leaving 12 Dead and Over 200 Injured A 7.8 magnitude earthquake struck southern Philippines on June 8, resulting in at least 12 fatalities and over 200 injuries. According to the U.S. Geological Survey (USGS) and the European-Mediterranean Seismological Centre (EMSC), the quake occurred at 7:37 a.m. local time in the waters south of Mindanao Island. The USGS reported that the epicenter was located approximately 60 kilometers south of General Santos City in South Cotabato province, at a depth of 55.2 kilometers. The EMSC in June 8, 2026

Financial Authorities Urge Banks to Address Soaring Exchange Rates As the won-dollar exchange rate reaches its highest level since the global financial crisis, financial authorities have convened an emergency meeting with banks to assess the situation.The Financial Services Commission announced that it held a meeting on the foreign exchange market on June 8 at the Government Seoul Building, chaired by Shin Jin-chang, the head of the commission's secretariat. Attendees included representatives from the Financial Services Commission, the Ministry of Economy and F June 8, 2026

Foreign Investors Spark Fear in KOSPI Market On June 8, the Korean stock market experienced a sharp decline, driven by foreign investors who have been selling off their holdings. This month alone, foreign investors have sold approximately 20 trillion won. While analysts suggest this is not a case of a "sell Korea" trend but rather a necessary adjustment following a rapid rise in the market, it has nonetheless heightened fears among investors. Concerns are growing that supply and demand instability surrounding the KOSPI will increase June 8, 2026

Sooja from 'I Am Solo' Surpasses 160,000 Followers on Social Media Sooja, a participant in the 31st season of 'I Am Solo,' has seen her social media follower count exceed 160,000 as of June 8. This achievement appears to make her the most followed participant from the SBS Plus and ENA reality show. In comparison, Ok-soon, known for her resemblance to BLACKPINK's Jisoo from season 22, has 131,000 followers. Currently, Kyungsoo, who is married to Sooja, supports her influencer activities. On June 6, Sooja posted several photos on her social media accoun June 8, 2026

Have Semiconductor Stocks Peaked? Is This a Buying Opportunity? The fallout from the 'Broadcom shock' continued on June 8, as major players in the KOSPI, Samsung Electronics and SK Hynix, experienced significant declines for the second consecutive trading day. Investors are increasingly concerned, but analysts suggest that interpreting the recent downturn as a sign of worsening market conditions may be premature, emphasizing that this could be a buying opportunity. According to the Korea Exchange, Samsung Electronics closed at 295,500 won, down 10.18% June 8, 2026

Samchundang Pharmaceutical Shares Plunge Over 18% Amid Global Market Decline Samchundang Pharmaceutical, which once saw its stock price exceed 1 million won and ranked first in KOSDAQ market capitalization, has experienced a decline of over 18% due to a global market downturn. This drop is attributed to concerns over U.S. monetary tightening and a flight from risk assets, particularly impacting the recently surging pharmaceutical and biotech sectors. On June 8, the Korea Exchange reported that Samchundang's shares closed at 239,000 won, down 18.15% (53,000 won) f June 8, 2026

Kakao Faces User Concerns Amid Stock Decline Market sentiment toward Kakao has shifted from optimism to concern. On June 8, the KOSPI index, which had been rising, entered a correction phase, while Kakao's stock recently hit a 52-week low. Despite a strong performance in the domestic stock market, particularly for AI beneficiaries, Kakao's shares have struggled to find a rebound, raising concerns about increasing uncertainty surrounding the company. On June 10, Kakao's labor union plans to hold its first-ever strike, a four-hour pro June 8, 2026

Kim Byeong-hwan Takes Position at Accounting Policy Institute Last September, Kim Byeong-hwan, who stepped down as Chairman of the Financial Services Commission, has found a new role at an accounting research institute. As of April, Kim has been serving as a visiting research fellow at the Accounting Policy Institute, a nonprofit organization under the Financial Services Commission. This marks his first full-time position since retiring about seven months ago. The institute focuses on researching policies, laws, and environments related to accounting, aimi June 8, 2026