Global Funds Target SK Hynix Amid Prolonged HBM Supply Shortage Global top-tier technology funds are reportedly planning to invest in SK Hynix as the memory semiconductor supply crisis deepens. According to Bloomberg on June 1, Richard Claude, portfolio manager of Janus Henderson Investors' Global Technology Leaders Fund, announced plans to hold shares of SK Hynix. This fund, valued at $8.3 billion, has outperformed 96% of its peers this year and has recorded a 36% return over the past three years. It currently holds shares in U.S. memory semiconducto June 1, 2026

Ottogi Establishes Sales Corporation in Tokyo to Target Japanese Market with K-Food Ottogi is accelerating its global expansion by establishing a local sales corporation in Tokyo, Japan. The company aims to leverage the popularity of K-food as it enters a market known as the birthplace of instant noodles and one of the most competitive in the industry. On June 1, Ottogi announced that it completed the establishment of its sales corporation in Tokyo on May 15 and plans to begin full operations in September. This marks the company's fourth overseas base, following New Z June 1, 2026

Justice Ministry Suspends Prosecutor Park Sang-yong Pending Disciplinary Decision The Justice Ministry has extended the suspension of Prosecutor Park Sang-yong of the Incheon District Prosecutors' Office until a disciplinary decision is made regarding allegations of witness coercion during the investigation into the North Korean remittance case involving Ssangbangwool. In response to Park's claims of abuse of power against Minister Jeong Seong-ho, the ministry also disclosed the reasons for the disciplinary action.According to the Justice Ministry, Minister Jeong determined t June 1, 2026

Financial Services Commission Activates Expert Advisory Group Amid AI Hacking Threats The Financial Services Commission (FSC) is launching a private expert advisory group to address security threats posed by advanced artificial intelligence (AI). This initiative aims to ensure the security measures needed during the establishment of AI-based security systems in the financial sector and the relaxation of network separation regulations. On June 1, the FSC held the inaugural meeting of the 'Private Technical Advisory Group,' attended by officials from the Financial Supervisor June 1, 2026

Tax and Insurance Burden for Working Single-Person Households in Japan Reaches Record High The tax and social insurance burden for working single-person households in Japan reached a record high last year. While companies have been increasing wages, the rise in social insurance premiums and taxes has significantly offset the benefits of these wage increases. Japan's tax and social security system, designed primarily to support families and seniors, appears to disadvantage single-person households. On June 1, the Nihon Keizai Shimbun reported, citing a survey from the Organiza June 1, 2026

Supreme Court Begins Review of Yoon Suk Yeol's Recusal Request in Rebellion Case The appeal trial concerning former President Yoon Suk Yeol's rebellion charges has been halted as the Supreme Court has begun reviewing a recusal request filed by Yoon's legal team. If the Supreme Court dismisses the recusal, the suspended appeal trial for the rebellion case is expected to resume. According to legal sources on June 1, the Supreme Court has assigned the recusal request case to its Second Division. This division is composed of Justices Oh Kyung-mi, Kwon Young-jun, Eom Sang June 1, 2026

BTS Transforms Las Vegas with 'The City' Campaign BTS has once again transformed Las Vegas, the largest entertainment city in the U.S., with its global urban campaign, 'BTS The City Arirang - Las Vegas' (referred to as 'The City Las Vegas'). This initiative goes beyond a simple performance, turning the entire city into an immersive experience and showcasing BTS's influence in the global entertainment market.The 'The City' project reimagines urban spaces by projecting the artists' stories, creating a musical experience throughout the city. BTS f June 1, 2026

U.S. and Iran Exchange Military Strikes Amid Ceasefire Negotiations U.S. and Iranian forces are engaged in military exchanges even as ceasefire negotiations continue. The U.S. military has attacked Iranian radar and drone control facilities, while Iran claims it targeted the bases used by the U.S. for these airstrikes. Although a ceasefire is in place, limited military confrontations persist outside the negotiation table. According to Reuters and U.S. Central Command, American forces conducted airstrikes on radar and drone control facilities in southern Ir June 1, 2026

SK Group Chairman Choi Tae-won Attends Jensen Huang's Keynote at GTC 2026 in Taiwan SK Group Chairman Choi Tae-won visited NVIDIA's annual technology exhibition, GTC Taipei 2026, to strengthen global alliances in artificial intelligence (AI). On June 1, local time, Choi attended the opening keynote by NVIDIA CEO Jensen Huang at the Taipei International Convention Center (TICC). In addition to Choi, key executives from SK Group, including Kwak Noh-jung, president of SK hynix, were present, drawing attention at the event. After briefly greeting VIP attendees, Choi and ot June 1, 2026

Homebuyers Spend Average of 2.4 Months Searching for Properties Recent data from Danggeun Real Estate reveals that users who completed transactions spent an average of 2.4 months searching for homes. Before finalizing a deal, they visited an average of 3.8 properties in person. The survey, released on June 1, was conducted among 971 users who completed transactions through Danggeun Real Estate between May 11 and May 17. The results highlight varying search durations based on contract types. Homebuyers looking to purchase took the longest, averaging June 1, 2026