Eastar Jet Reports Over 1 Million Foreign Passengers, Half from Greater China Eastar Jet announced on June 2 that it surpassed 1 million foreign passengers last year, primarily on its Greater China routes. According to the airline industry, Eastar Jet recorded approximately 1.02 million foreign passengers in the previous year, with around 500,000 of them traveling on Greater China routes, accounting for half of all foreign passengers. In the first quarter of this year, 130,000 of the approximately 300,000 foreign customers also utilized Greater China routes. The June 2, 2026

Oh Se-hoon: Seoul Needs an Experienced Mayor Ahead of Local Elections Oh Se-hoon, the People Power Party candidate for Seoul mayor, criticized his opponent, Jeong Won-o of the Democratic Party, on June 2, stating, "Labeling all unfavorable issues as 'negative campaigning' shows a fear of scrutiny." He added, "If you are running to manage a megacity like Seoul, you should never avoid verification." During a press conference held near Hyochang Park Station in Yongsan District, Oh pointed out that Jeong had missed the opportunity to convey his vision for Seo June 2, 2026

Kim Woo-seok of Samsung Asset Management: From Top Asset Manager to Standard in Wealth Management Kim Woo-seok, the CEO of Samsung Asset Management, embodies a financial entrepreneurial spirit focused more on stable growth than flashy victories. He is recognized as a seasoned financial professional with extensive experience in insurance, asset management, and risk management. Having built his expertise at Samsung Fire & Marine Insurance and Samsung Life Insurance, he now leads Samsung Asset Management, the largest asset management firm in South Korea.His management philosophy is straightforw June 2, 2026

Bank of Korea Projects Inflation Rate to Remain Around 3% The Bank of Korea announced on June 2 that it expects the inflation rate to remain around 3% for the time being. Lee Ji-ho, head of the Bank's Economic Research Department, made the statement during a morning meeting to assess the inflation situation. He noted that the impact of rising oil prices is gradually spreading to other sectors. He added, "While there is significant uncertainty regarding the trajectory of inflation due to developments in the Middle East and the resulting oil pric June 2, 2026

KGM's MUSSO Surpasses 10,000 Sales, Leading Pickup Market with 86% Share KG Mobility (KGM) announced on June 2 that its traditional pickup truck, the MUSSO, has surpassed 10,000 cumulative sales just five months after its launch. Since its release in January, the MUSSO has sold 6,642 units in the domestic market and 4,896 units internationally, totaling 10,538 units globally by the end of May. This achievement reflects robust domestic growth and strong export performance, with the MUSSO exceeding the 10,000 sales mark before the first half of the year has c June 2, 2026

May Livestock Prices Rise 5.8% as Government Activates Summer Supply Stabilization Task Force Last month, the consumer price index rose above 3% for the first time in two years and two months, with agricultural and livestock product prices increasing by 1.8% compared to the same month last year, driven by strong livestock prices. In response to potential supply shortages due to extreme heat and heavy rain, the government plans to activate a "Summer Agricultural and Livestock Supply Stabilization Task Force." According to the National Statistical Office's "Consumer Price Trends for June 2, 2026

LG Display Achieves ASPICE Level 2 Certification for Automotive Software LG Display has strengthened its competitiveness in the automotive display business by obtaining international certification for automotive software development. The company aims to enhance its hardware-centric automotive displays into software-based electronic components to target the global automotive market. On June 2, LG Display announced that it has received ASPICE (Automotive SPICE) Level 2 certification from the certification body C&BIS. ASPICE is an international standard estab June 2, 2026

LG Electronics Donates 440 'Tiuun Mini' Units to Elementary Schools in Gyeongbuk for Smart Farm Education LG Electronics is supporting smart farm education for elementary students by utilizing its plant cultivation appliance, the Tiuun Mini. The initiative aims to allow students to grow plants in the classroom while experiencing the integration of agriculture and IT technology. According to industry sources, LG Electronics held a launch ceremony for the elementary school smart farm experience program, "Green Button Supporters," in collaboration with the Gyeongbuk Agricultural Cooperative at i June 2, 2026

South Korea's National Security Chief to Meet with U.S. Deputy Secretary of State Wi Sung-lak, South Korea's National Security Chief, is set to meet with U.S. Deputy Secretary of State Alison Hooker on June 2 during her visit to South Korea.The discussions, taking place at the Blue House, are expected to cover a range of issues, including South Korea's construction of nuclear-powered submarines, uranium enrichment, and the authority for reprocessing spent nuclear fuel. The ongoing discussions regarding the transfer of wartime operational control may also be addressed.Hooker a June 2, 2026

Trump Urges Netanyahu to Halt Escalation in Lebanon Donald Trump, the President of the United States, has reportedly urged Israeli Prime Minister Benjamin Netanyahu to strongly reconsider any plans to escalate military operations in Lebanon. This call comes as the possibility of Israeli strikes on Beirut threatens to disrupt ongoing negotiations between the U.S. and Iran. On June 1, Axios reported, citing two U.S. officials and a source familiar with the conversation, that during a call with Netanyahu, Trump expressed serious concerns about June 2, 2026