Exploring Cultural Diversity Through Interactive Programs at the National Museum "I am imagination." At the 2026 Cultural Diversity Week event held on May 23 at the National Museum of Korea in Yongsan, 10-year-old Kim Da-ha expressed herself using the word 'imagination.' Using colorful cards in shades of purple, yellow, pink, blue, and green, she created various shapes to represent herself. The experiential program 'Light of Me' was designed to encourage children to reflect on the question, 'Who am I?' Participants created mind maps with words or phrases that describ May 29, 2026

Outgoing National Assembly Speaker Reflects on Tenure, Calls for Constitutional Reform Woo Won-sik, the Speaker of the National Assembly, reflected on his two-year tenure during a press conference on May 28, stating, "It was a good decision to lead the effort to lift the illegal martial law." However, he expressed disappointment over the failure of the constitutional reform proposal due to opposition from the People Power Party. During the press conference held at the National Assembly, Woo remarked, "I feel like I was in the midst of upheaval and turmoil." He was elected a May 28, 2026

Daehan Cable Denies Allegations of Technology Theft from LS Cable Daehan Cable has denied allegations of technology theft related to LS Cable, asserting that the investigation's initial findings do not confirm any wrongdoing or liability. In a statement released on May 28, Daehan Cable said it is currently verifying specific details regarding the investigation into its submarine cable plant. The company emphasized that it did not utilize or conspire to use any trade secrets from other companies during the construction of the plant.Daehan Cable stated that vari May 28, 2026

U.S. April PCE Inflation Rises 3.8%, Highest in Nearly Three Years U.S. April PCE Inflation Rises 3.8%, Highest in Nearly Three Years Rising oil prices due to the U.S.-Iran conflict have pushed the Personal Consumption Expenditures (PCE) price index in the United States to its highest level in nearly three years. According to Yonhap News on May 28, the U.S. Department of Commerce reported that the PCE price index increased by 3.8% in April compared to the same month last year. This marks the largest increase since May 2023 (4.0%) and represents a 0.4 May 28, 2026

Seoul Mayoral Candidates to Vote on First Day of Early Voting Jung Won-o, the Democratic Party candidate for Seoul mayor, and Oh Se-hoon, the People Power Party candidate, will cast their votes on the first day of early voting on May 29. According to political sources on May 28, Jung plans to vote at 8:20 a.m. at the administrative complex in Sogong-dong, Jung-gu, where his campaign office is located. His spouse, Moon Hye-jung, will accompany him. Jung's team emphasized the need for active participation from Seoul citizens, stating, "To ensure a sa May 28, 2026

Candidates Clash Over LegoLand Crisis and Local Knowledge in Gyeonggi Election Debate Candidates for the Gangwon governor position, Woo Sang-ho of the Democratic Party and Kim Jin-tae of the People Power Party, engaged in a heated debate on May 28 regarding the LegoLand crisis and their familiarity with the province. Woo emphasized his status as a candidate from a strong ruling party, while Kim questioned, "Why does every banner say 'sent by the president'? Can't you do anything on your own?" During the Gangwon Election Broadcasting Debate Committee's forum, Woo stated, "Th May 28, 2026

Bank of Korea Holds Interest Rate Steady Amid Inflation Concerns The Bank of Korea's Monetary Policy Committee has kept the base rate steady at 2.50% for the eighth consecutive time. Amid rising inflation expectations due to high oil prices and exchange rates stemming from the Middle East conflict, two committee members expressed dissenting opinions advocating for a rate hike, indicating a stronger hawkish stance within the bank. On May 28, the Monetary Policy Committee decided to maintain the base rate at 2.50%. While inflationary pressures are inc May 28, 2026

Bank of Korea Governor Shin Hyun-sung Signals Rate Hike Amid Inflation Concerns Bank of Korea Governor Shin Hyun-sung stated on May 28 that "inflation, growth, exchange rates, and real estate are all pointing in the same direction," indicating the need for a rate hike at an appropriate time. His remarks suggest a clear intention to tighten monetary policy in the second half of the year. After presiding over his first Monetary Policy Committee meeting, Shin noted that inflation is expected to remain above target for an extended period while growth continues to show so May 28, 2026

Wage Disparity Worsens in Q1; Low-Income Households Face Increased Deficit Spending Despite improvements in average wage indicators in the first quarter of this year, driven by performance bonuses in large export-oriented companies, the economic sentiment among ordinary citizens remains bleak. The growth in real wages has slowed, and low-income households are experiencing a faster increase in consumption than in income, leading to a deeper structure of deficit spending.According to the Ministry of Employment and Labor's "April 2026 Business Labor Survey Results" released on May May 28, 2026

National Pension Service Increases Domestic Stock Target Allocation to 20.8% The National Pension Service has decided to increase its target allocation for domestic stocks from 14.9% to 20.8% this year. This adjustment reflects the significant rise in the KOSPI index, which has pushed the actual share of domestic stocks held well above the initial target. According to Yonhap News Agency, the National Pension Fund Management Committee held its fifth meeting on May 28, where it reviewed and approved a proposal to adjust the target allocations for various asset class May 28, 2026