HanDoc's Partner Resolute Announces Interim Results of Phase 3 Clinical Trial for Tumor-Induced Hyperinsulinemia Treatment HanDoc announced on June 4 that its partner, Resolute, presented interim results from the Phase 3 clinical trial of ErsoDetug (RZ358) for patients with tumor-induced hyperinsulinemia (HI) on June 2 (U.S. time). ErsoDetug is a fully human monoclonal antibody that binds to the insulin receptor in an allosteric manner, reducing receptor hyperactivity caused by insulin and related substances, thereby improving hypoglycemia in HI conditions. The upLIFT study is a single-arm, open-label Phase June 4, 2026

Bukwang Pharmaceutical Receives IND Approval for Lurasidone in Major Depressive Disorder Bukwang Pharmaceutical announced on June 4 that it has received approval from the Ministry of Food and Drug Safety for a Phase 3 clinical trial plan (IND) to expand the treatment indications for its schizophrenia and bipolar disorder medication, Lurasidone, to include major depressive disorder (MDD). The clinical trial will focus on adult patients with MDD who have not shown sufficient response to existing antidepressant monotherapy. A total of 364 participants will be involved in the stu June 4, 2026

Defense Ministry Focuses on Restoring Wartime Operational Control and Building a 'People's Army' The Defense Ministry announced that it has consistently pursued the restoration of wartime operational control to establish a defense system led by the South Korean military, coinciding with the one-year anniversary of the Yoon Suk-yeol administration. The ministry emphasized its commitment to implementing a democratic and institutional control system to realize a 'people's army.' On June 4, the Defense Ministry provided a report detailing the government's achievements over the past ye June 4, 2026

TSMC Chairman Hints at Potential Semiconductor Price Increases Amid AI Demand The chairman and CEO of TSMC, the world's largest semiconductor foundry, expressed confidence in future growth driven by increasing demand for artificial intelligence (AI) and hinted at the possibility of raising semiconductor prices. During TSMC's annual shareholder meeting held at its headquarters in Hsinchu, Taiwan, on June 4, Chairman Wei Zhejia noted that customers remain optimistic about AI prospects, stating, "I am confident in our growth over the next few years." He highlighted th June 4, 2026

Hong Myung-bo's Team Secures 1-0 Victory Over El Salvador in Final World Cup Tune-Up Hong Myung-bo's team achieved a victory in their final warm-up match ahead of the 2026 FIFA North Central America World Cup. Under the guidance of head coach Hong Myung-bo, the South Korean national football team defeated El Salvador 1-0 in a friendly match held on June 4 (Korean time) at Brigham Young University's South Field in Provo, Utah. The decisive goal came from Lee Dong-kyung (Ulsan) via a free kick in the 57th minute. Following a 5-0 win against Trinidad and Tobago at the same v June 4, 2026

Major Universities in South Korea Criticize Election Mismanagement Criticism is growing among university students regarding the "shortage of ballots" that occurred during the 9th nationwide local elections held on June 3. On June 4, anonymous posts from students at major universities, including Seoul National University, Korea University, Yonsei University, Sungkyunkwan University, Hanyang University, Chung-Ang University, Hongik University, Inha University, and the Korea Advanced Institute of Science and Technology (KAIST), were shared on the student c June 4, 2026

Meta Delays Launch of 'Muse Spark' API, Impacting AI Monetization Meta has reportedly postponed the launch of its latest artificial intelligence (AI) model's API multiple times. As the company continues to invest heavily in AI infrastructure, the delays are increasing pressure on its monetization efforts. According to the Wall Street Journal on June 3, Meta has repeatedly delayed the release of the API for its latest AI model, 'Muse Spark.' Alexandre Wang, Meta's Chief AI Officer, had indicated to developers in April that the launch was imminent, but no June 4, 2026

Korea Technology Guarantee Fund Partners with IBK to Support SMEs with 750 Billion Won The Korea Technology Guarantee Fund (TGIF) has initiated financial support for small and medium-sized enterprises (SMEs) in future strategic industries and those facing policy financing gaps. On June 4, TGIF announced that it has signed two memorandums of understanding (MOUs) with the Industrial Bank of Korea (IBK): one for productive financial support for future strategic industries and another for financial support for companies in policy gaps. These agreements aim to facilitate fund June 4, 2026

CJ ENM Shares Drop Over 3% Following TVING Data Breach Shares of CJ ENM fell more than 3% during trading on June 4 due to the fallout from a data breach involving its subsidiary, TVING. According to the Korea Exchange, as of 2 p.m. on June 4, CJ ENM's stock was trading at 39,500 won, down 1,250 won (3.07%) from the previous trading day. The stock opened at 39,850 won and has continued to decline, hovering around the 39,000 won mark. The drop in share price is attributed to weakened investor sentiment following the data breach incident at the June 4, 2026

Lotte Duty Free Opens Gentle Monster Store at Kansai International Airport Lotte Duty Free has opened a Gentle Monster store, marking the first of its kind in Japan's duty-free sector. The store was launched on June 2 in the International Departure Area of Kansai International Airport's Terminal 1, as announced on June 4. This location is designed as a sensory space that goes beyond mere product sales, themed around the exploration of the human inner self. Large artistic objects are strategically placed throughout the store to capture the attention of tr June 4, 2026