Kiwoom Securities Raises Park Systems Target Price Amid Surge in Orders Kiwoom Securities announced on June 5 that it has raised its target price for Park Systems from 300,000 won to 355,000 won, an increase of 18.3%, citing a rapidly growing order backlog that is expected to boost performance in the second half of the year. The investment recommendation remains a 'buy.' Oh Hyun-jin, a researcher at Kiwoom Securities, noted, "Although interest in the semiconductor industry has waned due to the growth potential of existing mass production equipment, Park Syste June 5, 2026

Anthropic Reports Claude Writes Over 80% of Its Code, Signaling New Era of AI Self-Improvement The concept of AI improving itself through recursive self-improvement is becoming a reality. Anthropic has issued a warning that this trend is advancing much faster than anticipated, based on its internal data. On June 4, Anthropic released a report titled "When AI Builds Itself," revealing that as of May 2026, over 80% of the code integrated into its codebase is generated by Claude, its AI system. Prior to the launch of Claude's code in February 2025, this figure was in the single digi June 5, 2026

Bithumb Recognized by Police for Preventing $8 Million in Phishing Scams Bithumb announced on June 5 that it received a certificate of appreciation from the National Police Agency for its contributions to preventing phishing scams involving virtual assets.Since March, Bithumb has been operating a proactive collaboration system that connects information on malicious app installers provided by the police's Integrated Response Team with member data to register users as 'at risk.' This system has enabled Bithumb to notify the police in real-time about 66 suspicious trans June 5, 2026

Korea's Economy Shows Signs of Recovery, Says Deputy Prime Minister Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol stated that the government has achieved visible results in economic recovery as it marks its first year in office, while emphasizing the need for vigilance regarding the cost of living and volatility in financial and foreign exchange markets. During an emergency economic meeting held at the Government Seoul Complex on June 5, Koo noted, "Despite challenging conditions such as the Middle Eastern conflict, the combined June 5, 2026

South Korea Proposes Hydrogen Truck Technology Transfer to Canada Linked to Submarine Bid The South Korean government has proposed a hydrogen truck package project to the Canadian government, investing 3.4 trillion won (approximately 3.1 billion Canadian dollars) in connection with the bid for next-generation submarines. According to the Blue House on June 5, Chief of Staff Kang Hoon-sik disclosed the plan, named 'Project Beaver,' during an interview with Canadian CTV on June 3 (local time). Currently, Hanwha Ocean is in final competition with Germany's ThyssenKrupp Marine Systems ( June 5, 2026

Market Preview: U.S. Tech Stocks Pause as Jensen Huang Visits South Korea South Korea's stock market is expected to focus on individual stocks amid two key factors: a correction in U.S. semiconductor stocks and the visit of Jensen Huang, CEO of Nvidia. Following a night of profit-taking in U.S. tech stocks, the market is paying close attention to Huang's meetings with local business leaders and discussions on artificial intelligence (AI) collaboration. On June 4, U.S. stock indices closed mixed. The Dow Jones Industrial Average and the S&P 500 rose by 1.73% and June 5, 2026

Broadcom Shares Plunge Despite Strong Earnings Report Broadcom, a leading beneficiary in the AI semiconductor sector, is facing investor confusion as its stock plummeted despite exceeding market expectations with its earnings report. Some analysts interpreted comments from Broadcom's CEO as a warning about an AI bubble, but a closer look at the conference call reveals a more optimistic tone. Hock Tan, Broadcom's CEO, stated during the recent earnings call, "We continue to see strong demand for AI infrastructure from hyperscale customers," June 5, 2026

Government Accelerates $395.9 Million Data Center Project in Jangseong The South Korean government is accelerating the development of a high-tech data center project in Jangseong, Jeollanam-do, as part of its seventh Regional Revitalization Investment Fund initiative. The plan includes streamlining local financial investment review processes to expedite contributions from local governments and establish essential AI infrastructure promptly. On June 5, Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol chaired a meeting at the Government S June 5, 2026

Special Health Checkups for Female Farmers Expanded to Age 80; Safety Checklist Required for Foreign Workers The South Korean government is expanding special health checkups for female farmers to include those up to 80 years old, starting this year, in an effort to reduce safety accidents in the agricultural sector. Additionally, farms employing foreign workers will be required to submit a safety checklist to improve workplace safety conditions. The Ministry of Agriculture, Food and Rural Affairs announced these measures during an emergency economic meeting held at the Government Seoul Complex on June 5, 2026

April Current Account Surplus Reaches $28.3 Billion, Second Highest on Record In April, South Korea recorded a current account surplus of 43 trillion won, driven by a booming semiconductor industry, marking the second highest surplus on record. According to preliminary statistics released by the Bank of Korea on June 5, the current account surplus for April was $28.29 billion, marking the 36th consecutive month of surplus, the second longest streak since the 2000s. In terms of categories, the goods account surplus reached $33.88 billion, the second largest ever June 5, 2026