Hyundai Home Shopping Expands Offline Beauty Store 'Coasis' Hyundai Home Shopping is expanding its offline beauty business by opening new Coasis stores. This move comes as the TV home shopping market faces structural growth challenges, prompting the company to diversify its customer engagement strategies beyond broadcasting.According to industry sources, Hyundai Home Shopping will open its third Coasis location at Hyundai Outlet Garden Five in Songpa-gu, Seoul, on June 5, followed by a store in Dongdaemun on June 12. This expansion adds two new locations June 4, 2026

EcoPro Launches Comprehensive AI Initiative Ahead of 30th Anniversary EcoPro has announced its commitment to a company-wide initiative called "AX (AI Transformation)," aiming to integrate artificial intelligence (AI) across all sectors by its 30th anniversary in 2028. On June 4, EcoPro stated that it plans to go beyond using AI as a mere work assistant, applying it comprehensively in manufacturing and research and development (R&D) to drive significant innovation. Notably, the company's Hungarian subsidiary, EcoPro BM, aims to enhance productivity through June 4, 2026

Kyochon F&B Launches Summer Market Popup at Shinsegae Department Store in Daegu Kyochon F&B will host a popup store at the Shinsegae Department Store in Daegu, showcasing its food and beverage brands, including chicken, craft beer, and makgeolli. The popup store, themed 'Summer Market,' will run from June 5 to June 11 on the first basement floor of the Shinsegae Department Store's food hall. This event features a modern reinterpretation of the atmosphere of traditional markets and taverns. Visitors will have the opportunity to sample a variety of Kyochon products, June 4, 2026

Jokuk Resigns as Party Leader After Election Defeat, Takes Responsibility Jokuk, the leader of the Jokuk Innovation Party, announced on June 4 that he would resign from his position following his defeat in the Pyeongtaek by-election. He stated, "I will step down as party leader, taking responsibility for the election results." However, he left open the possibility of re-election, saying he would reflect and prepare for the future. In a Facebook post, Jokuk said, "I will take a moment to pause, but I urge my fellow party members to move forward confidently. I am June 4, 2026

Choi Seung-ho: Government Would Intervene in Samsung Strike Within 30 Minutes Choi Seung-ho, chairman of the Samsung Electronics Inter-Company Labor Union, is facing criticism for failing to take responsibility following the recent wage negotiation agreement. Concerns have been raised that he is attributing internal dissatisfaction with the agreement to "government pressure" while avoiding resolution of conflicts with the DX division. On June 4, industry sources reported that Choi stated in a recent internal message, "If there is a strike, the government will inter June 4, 2026

Shifts in Seoul's Apartment Supply: Hyundai Engineering Leads, Daewoo and Lotte Follow Interest is growing in the changing rankings of construction companies in Seoul's apartment supply market. Hyundai Engineering & Construction has taken the lead, with Daewoo Engineering & Construction and Lotte Engineering & Construction closely following. According to the real estate industry on June 4, Hyundai Engineering & Construction has secured the largest share of the planned general sales in Seoul this year. The company is maintaining its top position with projects like 'The H Cla June 4, 2026

U.S. Tariff Burden on South Korean Companies Drops from 3rd to 6th Place South Korea's ranking in effective tariff rates on exports to the United States has improved since the announcement of the U.S. reciprocal tariff policy in April of last year. In the second quarter of 2025, South Korea ranked third among the top 10 exporting countries to the U.S., but this dropped to sixth place in the first quarter of this year, indicating a reduction in tariff burden. The effective tariff rate is calculated by dividing the tariff amount by the U.S. import value. Accordi June 4, 2026

Everland Hosts 'Football and Taco' Event Amid Rose Festival Everland, operated by Samsung C&T's resort division, is welcoming visitors this June with an exciting soccer event titled 'Football and Taco' alongside its stunning Rose Festival featuring 3 million blooming roses. On June 4, Everland announced that it has chosen soccer as the theme for the sixth installment of its monthly special project, the 'Whatever Series.' This initiative offers guests unique experiences each month. At the festival content zone in front of Everland's Alpine Village, June 4, 2026

US Judge Warns Trump Tariff Refund Appeal Could Disrupt Online Claims System A U.S. International Trade Court judge has warned that an appeal regarding tariff refunds from the Trump administration could disrupt the existing online claims system. On June 3, Richard Eaton, a judge at the International Trade Court, stated in a letter released that if the Justice Department's request for immediate intervention by the appeals court is granted, it could impact the online claims system that has processed at least $85 billion in refunds. The Justice Department contends that June 4, 2026

Kakao Games Nominates Kim Tae-hwan and Lee Si-woo for Board Positions Ahead of Shareholder Meeting Kakao Games is set to hold an extraordinary shareholders' meeting to nominate Kim Tae-hwan, Vice President of Line Games, and Lee Si-woo, Chief Business Officer of Kakao Games, for board positions. Kim is expected to assume the role of new CEO following the meeting. The company announced on June 4 that the extraordinary shareholders' meeting will take place on the 22nd at the Kakao AI Campus in Yongin, Gyeonggi Province. The agenda includes the election of two internal directors, one exte June 4, 2026