AMD Appoints Vinay Awasti as Vice President for Asia-Pacific Sales AMD announced on May 29 that it has appointed Vinay Awasti as Senior Vice President of Sales for the Asia-Pacific and Japan region. According to AMD, Awasti will be based in Singapore and will focus on expanding original equipment manufacturer (OEM) and channel partnerships, while enhancing customer collaboration across the Asia-Pacific region. This initiative aims to support ongoing growth in cloud, enterprise, artificial intelligence (AI), commercial, and consumer sectors. Awasti is r May 29, 2026

NVIDIA CEO Jensen Huang's Visit Sparks 20% Surge in LG Electronics Stock LG Electronics' stock surged more than 20% during trading on May 29, fueled by speculation surrounding NVIDIA CEO Jensen Huang's visit to South Korea and a potential meeting with LG Group Chairman Koo Kwang-mo. As of 10 a.m. KST, LG Electronics shares were trading at 277,750 won, up 52,250 won (23.17%) from the previous day. The stock opened at 245,000 won and briefly soared to 283,500 won, setting a new 52-week high. LG Corp., the holding company, also saw a rise of 10.02%, trading at 1 May 29, 2026

Samsung Electronics Begins Shipping HBM4E Samples Following HBM4 Production Samsung Electronics is strengthening its technological leadership in the next-generation high-bandwidth memory (HBM) market. Following the approval for mass production of 1c DRAM in mid-2025, which laid the groundwork for HBM4 competition, the company has begun shipping HBM4 (5th generation) products and is now proactively supplying samples of HBM4E (6th generation) 12-layer memory, expanding its presence in the AI memory market. On May 29, the company announced that it has shipped HBM4E May 29, 2026

ABC Challenges FCC's Early License Review Amid Free Press Concerns ABC Broadcasting has expressed strong opposition to the Federal Communications Commission's (FCC) request for an early review of its broadcast licenses. The network claims that the government is using license renewals as leverage to pressure critical reporting. What began as a routine license renewal process has escalated into a debate over press freedom. On May 28, Reuters and the Associated Press reported that ABC's parent company, Walt Disney, submitted license renewal applications for May 29, 2026

Jung Won-oh Urges Early Voting, Promises to Prioritize Citizens' Safety Jung Won-oh, the Democratic Party's candidate for Seoul mayor, focused on voter outreach on the first day of early voting, stating, "This election is about choosing who will take responsibility for citizens' lives. Change the standards of Seoul through early voting." He highlighted recent safety concerns, including allegations of missing rebar in the GTX-A project and the collapse of the Seosomun overpass, pledging to create a safer Seoul for its residents. During a meeting of his central May 29, 2026

HD Hyundai Oil Bank Recognized as Top Call Center for 18th Consecutive Year HD Hyundai Oil Bank has been recognized as one of South Korea's top call centers for the 18th consecutive year. The company attributes this achievement to its integrated '3-3-3' service model, which ensures that customer calls are answered within three seconds, consultations are completed within three minutes, and follow-up inquiries are addressed within 30 minutes.On May 29, HD Hyundai Oil Bank announced that it has been selected as a top call center and a 'Customer Delight Call Center' in May 29, 2026

Finance Ministry: Major Countries Expanding Oil Price Support Policies Amid rising oil product prices due to the ongoing war in the Middle East, major countries are implementing measures to alleviate the burden of increasing energy costs. On May 29, the Ministry of Finance reported that Moon Ji-sung, Director of International Economic Management, chaired a video conference with finance officials from 14 countries at the Government Complex in Seoul on May 28. The finance officials are stationed in 16 embassies, supporting cooperation in finance and economic s May 29, 2026

South Korea to Issue 200 Billion Won in Retail Bonds in June The South Korean government plans to issue a total of 200 billion won in retail bonds next month. The additional interest rates will be flexibly adjusted based on market conditions. The Ministry of Finance and Economy announced on May 29 that it will issue 30 billion won in three-year fixed-rate bonds and 70 billion won in three-year compound interest bonds, along with 600 billion won in five-year bonds, 1 trillion won in ten-year bonds, and 300 billion won in twenty-year bonds, totaling 2 May 29, 2026

Government Expands Mandatory Reemployment Support Services to Enhance Worker Choices The government is set to gradually expand the scope of mandatory reemployment support services to enhance their effectiveness and introduce a worker-led transition support system. The Ministry of Employment and Labor announced on May 29 that it will issue a legislative notice regarding amendments to the Enforcement Decree of the Act on the Prohibition of Age Discrimination in Employment and the Promotion of Employment for Older Persons by July 8. This amendment follows the announcement of meas May 29, 2026

Kim Jeong-gi Appointed as New Head of Korea Fair Trade Mediation Agency Kim Jeong-gi, former commissioner of the Fair Trade Commission, has been appointed as the seventh head of the Korea Fair Trade Mediation Agency as of May 29. Kim is an expert in fair trade, having served as the director of the Market Surveillance Bureau, the Competition Policy Bureau, and as a commissioner at the Fair Trade Commission. He graduated from Seoul National University with a degree in business administration and earned an MBA from Thunderbird School of Global Management. He ent May 29, 2026