Court Denies Exit Ban Suspension for Professor Moss Tan Amid Criminal Investigation A South Korean court has rejected a request to suspend an exit ban on Moss Tan, a professor at Liberty University in the United States, who is under investigation for allegedly claiming that President Lee Jae-myung was involved in past criminal activities, including election fraud. According to legal sources on June 4, the Seoul Administrative Court, presided over by Judge Wi Ji-hyun, dismissed Tan's application to suspend the exit ban imposed by police. The court acknowledged the urgent June 4, 2026

Prime Minister Kim Calls for Collaboration Between Central and Local Governments On June 4, Prime Minister Kim Min-seok emphasized the need for collaboration between the central and local governments to achieve tangible results for the public. During his opening remarks at a meeting of the Emergency Economic Headquarters held at the Government Seoul Building, Kim noted, "Yesterday, the nationwide local elections were held, and new local leaders have been elected to guide local governments for the next four years." He urged the heads of various ministries to enha June 4, 2026

Daehan Cable Wins $65 Million Contract for High-Voltage Power Network in Scotland Daehan Cable has secured an additional contract for a high-voltage power network project in the United Kingdom. The company is capitalizing on the growing demand for renewable energy and the need to replace aging power infrastructure in the European market. According to industry sources, Daehan Cable will supply a 132kV high-voltage cable system for a power network construction project in Scotland. The contract is valued at approximately 65 billion won (about $65 million). This project i June 4, 2026

Record Number of Graduates and N-Students Take June Mock Exam The first mock exam for the 2027 College Scholastic Ability Test has begun, signaling significant changes in the college admissions landscape due to a record influx of graduates and a trend of science students focusing on social studies, known as "social studies rush." The Ministry of Education and the Korea Institute for Curriculum and Evaluation announced that the June mock exam was conducted nationwide at 2,124 high schools and 564 designated academies starting at 8:40 a.m. on June 4. T June 4, 2026

Constitutional Court Upholds Lawyer Exam Law, Excludes Pregnancy and Childbirth Exceptions The Constitutional Court has narrowly upheld a provision in the Lawyer Examination Act that does not recognize pregnancy and childbirth as exceptions to the five-exam limit imposed on law school graduates within five years of graduation. However, the majority of justices expressed concerns about the law's alignment with constitutional protections for maternal rights, indicating that legislative discussions for reform are likely to follow. On June 4, legal sources reported that the court June 4, 2026

Hanmi Semiconductor Makes Debut at Computex 2026, Showcases AI Semiconductor Supply Chain Hanmi Semiconductor made its debut at Computex 2026 in Taipei, Taiwan, aiming to strengthen its position in the global supply chain for artificial intelligence (AI) semiconductors with its key equipment, the TC Bonder for HBM (High Bandwidth Memory). According to industry sources, Hanmi Semiconductor participated in Computex 2026, held from June 2 to June 5 at the Nangang Exhibition Center and the Taipei World Trade Center. Originally a PC and electronics exhibition, Computex has evolved June 4, 2026

Traditional Korean Music Week Begins with Performances Across the Country From June 5 to 14, various traditional Korean music performances, exhibitions, academic events, and hands-on activities will take place nationwide. The Ministry of Culture, Sports and Tourism announced on June 4 that it will hold the second National Traditional Music Day ceremony on June 5 at the National Gugak Center, themed "Resonating Traditional Music in Daily Life." National Traditional Music Day is observed on June 5, designated as a legal commemorative day under the Traditional M June 4, 2026

M83 Shares Surge for Second Day Following AI Server Supply News M83, a visual effects (VFX) company, has seen its shares rise for the second consecutive day, hitting the upper limit after announcing a major artificial intelligence (AI) infrastructure supply contract through its subsidiary. According to the Korea Exchange, as of 9:48 a.m., M83's stock was trading at 7,760 won, up 1,790 won (29.98%) from the previous trading day. The stock had also closed at the upper limit on June 2, marking two days of strong performance. The surge in stock price is June 4, 2026

U.S. Treasury Secretary: Inflation is a Temporary Phenomenon Scott Vessen, the U.S. Treasury Secretary, reaffirmed his stance that the inflationary pressures triggered by the conflict in Iran are a "temporary phenomenon." On June 3, Vessen stated during a Senate Finance Committee hearing that "inflation is expected to be a short-term issue, but other economic indicators are very robust." He added, "We believe we have all the conditions in place for a very strong economy," and expressed confidence that temporarily elevated prices would decline again. June 4, 2026

Jeong Cheong-rae Thanks Voters Despite Seoul Election Setback Jeong Cheong-rae, leader of the Democratic Party, expressed gratitude to voters for their support in the June 3 local elections and by-elections, despite acknowledging disappointment over failing to reclaim Seoul. In a press conference held on June 4 at the National Assembly, Jeong stated, "I appreciate the citizens for extinguishing the embers of insurrection and for electing capable local leaders who will work closely with the Lee Jae-myung administration." He emphasized that the Democ June 4, 2026