Newly Elected Lawmakers Vow to Serve the Public Following their victories in the recent by-elections, newly elected lawmakers from the Democratic Party, including Song Young-gil, Kim Nam-jun, and Kim Nam-kook, expressed their commitment to finding ways to serve the public. Song, who won in Incheon Yeonsu-gap, spoke to reporters after a party meeting on June 5, stating, "During the four years I was away from the National Assembly, I felt the pain and injustices faced by many ordinary citizens. This experience will serve as a valuable a June 5, 2026

KOSPI Plummets 5.5% Amid Broadcom Shock, KOSDAQ Falls Below 1000 South Korea's stock market fell sharply on June 5, driven by a decline in U.S. semiconductor stocks and foreign selling. The KOSPI dropped over 5%, while the KOSDAQ fell below the 1000 mark for the first time in three months, sliding into the 900s. According to the Korea Exchange, the KOSPI closed at 8,160.59, down 478.82 points (-5.54%) from the previous trading day. The index opened at 8,323.20, down 316.21 points (-3.66%), and further widened its losses. A sell-side circuit breaker was June 5, 2026

Telecom Companies Accelerate AI Energy Strategies Amid Power Consumption Surge The focus of AI competition is shifting from language models and graphics processing units (GPUs) to power efficiency. The concept of "intelligence per watt" is emerging as a new competitive edge in AI services, prompting South Korea's three major telecom companies to accelerate their energy strategies. According to the International Energy Agency (IEA), global data center electricity consumption is projected to more than double from 415 terawatt-hours (TWh) in 2024 to a maximum of 945 June 5, 2026

South Korea and U.S. Discuss Nuclear Submarine and Enrichment Agreements On June 5, the Blue House announced that South Korea and the United States have resumed discussions on security agreements related to the introduction of nuclear-powered submarines and the acquisition of rights for uranium enrichment and spent fuel reprocessing. A senior official from the Blue House described the recent talks as "very productive and beneficial."During a briefing with reporters at the Chunchugwan, the official stated, "We will accelerate the discussion process and aim to achieve June 5, 2026

Zelensky Proposes Direct Talks with Putin Amid Drone Warfare Volodymyr Zelensky, the President of Ukraine, has proposed direct talks with Russian President Vladimir Putin. This offer comes as Ukraine intensifies its long-range drone warfare, targeting Russian territory and supply lines. While President Putin has left the door open for negotiations, he has not wavered from his demand for full control of the Donbas region. On June 4, Zelensky made the proposal in an open letter, stating, "Peace is only possible through direct engagement between Ukrain June 5, 2026

Value of GeForce RTX 5090 Signed by Jensen Huang and Faker What would be the value of an NVIDIA GeForce RTX 5090 featuring the signatures of CEO Jensen Huang and eSports star Faker (Lee Sang-hyeok)? On June 5, Huang visited the T1 Base Camp in South Korea as part of his first schedule during his trip, where he presented the RTX 5090, NVIDIA's top-tier graphics card, to a fan through a lottery. A video released that day captured a man receiving the graphics card adorned with both Huang's and Faker's signatures, which drew admiration from viewers. June 5, 2026

Naver and NVIDIA Highlight AI Factory Partnership Following Jensen Huang Meeting Naver's artificial intelligence (AI) infrastructure capabilities are gaining renewed attention following a meeting between Jensen Huang, CEO of NVIDIA, and Lee Hae-jin, chairman of Naver's board. The partnership is expected to play a significant role in NVIDIA's Sovereign AI and AI Factory strategies. According to the IT industry, Huang arrived at Gimpo Airport around 1 p.m. on June 5 and is scheduled to engage in various activities during his visit. That evening, he is expected to meet w June 5, 2026

Bank of Korea Appoints New Deputy Governors Lee Ji-ho and Kim Je-hyun The Bank of Korea announced on June 5 that it has appointed Lee Ji-ho, head of the Research Department, and Kim Je-hyun, head of the Human Resources Management Department, as new deputy governors. Governor Shin Hyun-song appointed Lee as the deputy governor in charge of research and statistics, and Kim as the deputy governor responsible for management. Lee, a graduate of Seoul National University with a degree in economics, joined the Bank of Korea in 1997 and has worked in various dep June 5, 2026

U.S. Oil Industry Warns of Potential Surge in Oil Prices Amid Middle East Conflict The U.S. oil industry has warned the Trump administration that international oil prices could surge in the coming weeks due to the ongoing conflict in the Middle East, according to a report by Politico, citing four oil executives. The oil industry leaders conveyed this warning to senior White House officials during recent discussions with the Trump administration and the U.S. energy sector. An anonymous oil executive stated, "We are already at dangerously low levels of crude oil invento June 5, 2026

Broadcasting Commission Grants KT Skylife 7-Year License Renewal The Broadcasting Media Communications Commission has approved a 7-year license renewal for satellite broadcaster KT Skylife. During its 15th plenary meeting on June 5, the commission reviewed the renewal application for KT Skylife, whose previous license expired last year, and decided to grant a new license valid for 7 years. This review marks the first license renewal assessment for a pay-TV operator since the commission's establishment. The evaluation was conducted in accordance with June 5, 2026