Jensen Huang Visits South Korea, Ushering in the Era of Physical AI The 19th-century industrial revolution produced steel magnate Andrew Carnegie, while the 20th-century automotive revolution gave rise to Ford and Toyota. The internet revolution birthed Bill Gates and Steve Jobs. Today, the world stands at the forefront of yet another industrial revolution, with Jensen Huang, CEO of NVIDIA, at its center. On the 29th, an intriguing scene unfolded in the South Korean stock market. As rumors circulated about Huang's visit to meet with Koo Kwang-mo, chairman of LG May 29, 2026

Samsung Electronics Faces Controversy Over Employee Turnover Rates Some analyses suggest that Samsung Electronics has a significantly higher employee turnover rate than SK Hynix, prompting debate within the semiconductor industry over differing comparison standards. Samsung's figures include global personnel from overseas production subsidiaries, while SK Hynix's data focuses primarily on domestic employees, raising concerns about the validity of direct comparisons. According to industry sources, the five-year average turnover rate from 2020 to 2024, bas May 29, 2026

Jung Dong-won's Agency Vows Legal Action Against Rumors Jung Dong-won's agency has announced a strong response to various rumors surrounding the singer. On May 29, Showplay Entertainment stated, "We have taken actions such as warnings and requests for the removal of posts regarding malicious slander, defamation, the spread of false information, and the dissemination of baseless rumors targeting Jung Dong-won." The agency added, "Recently, actions have escalated beyond simple malicious postings, with individuals posing as fans to spread completel May 29, 2026

Hanwha Insurance Subsidiaries Upgraded to 'A+' by S&P Amid Improved Profitability and Stability Hanwha Group's insurance subsidiaries have achieved a top-tier global credit rating. On May 29, financial sources reported that Standard & Poor's (S&P), one of the world's three major credit rating agencies, upgraded the credit ratings of Hanwha Life and Hanwha General Insurance from 'A' to 'A+'. The rating outlook is classified as 'Stable.' In its report, S&P stated, "Hanwha Life is expected to maintain a solid market position in the domestic market based on a stable business foundation a May 29, 2026

U.S. PCE Index Rises 3.8%, Signaling Renewed Global Inflation U.S. inflation has risen again. The Bureau of Economic Analysis (BEA) reported that the Personal Consumption Expenditures (PCE) price index increased by 3.8% in April compared to the same month last year, marking the highest rate of increase since May 2023. Excluding energy and food, the core PCE also rose by 3.3%, indicating persistent inflationary pressures. The PCE is a key price indicator that the Federal Reserve considers when making monetary policy decisions. Market attention is focused May 29, 2026

Market Preview: Easing War Risks and AI Strength—Will KOSPI Rally Again? U.S. stock markets continue to reach record highs, buoyed by easing geopolitical risks in the Middle East and a surge in artificial intelligence (AI) stocks, raising questions about the sustainability of the domestic market's upward trend. However, with the KOSPI already at historic highs, there are concerns about potential profit-taking in the short term. On May 28, the S&P 500 and Nasdaq Composite indices rose by 0.58% and 0.91%, respectively, setting new all-time highs. The Dow Jones I May 29, 2026

Labor Department Launches Investigation into Collapse at Seosomun Overpass Construction Site Authorities have launched a forced investigation into the collapse at the Seosomun overpass construction site in Seodaemun-gu, Seoul. The Ministry of Employment and Labor's Southern Seoul Office announced on May 29 that it is conducting a joint search with the Seoul Metropolitan Police Agency at the headquarters of the construction company, Heung-Hwa Construction, related to the incident. About 40 personnel, including labor inspectors and police, are involved in the search. Investigators aim to May 29, 2026

KOSPI Opens Strong, Surging Over 2% on Optimism and AI Rally The KOSPI opened higher on May 29, buoyed by easing geopolitical risks in the Middle East and a rally in artificial intelligence (AI) stocks. As of 9:07 a.m. KST, the KOSPI had risen 204.53 points (2.50%) to 8,389.82, after starting the day at 8,384.31, up 199.02 points (2.43%).U.S. markets closed higher overnight, with the S&P 500 and Nasdaq Composite both reaching record highs, gaining 0.58% and 0.91%, respectively, on May 28. The Dow Jones Industrial Average also rose by 0.05%.The market's up May 29, 2026

SK Telecom to Launch Integrated 4G and 5G Plans in July SK Telecom (SKT) is set to launch a new pricing plan that integrates its 5G and LTE services, completely overhauling its pricing structure to ensure basic communication even after data is depleted. Starting in July, SKT will implement a phased update to its pricing system, which includes the launch of a 5G and LTE integrated plan, automatic application of age-based benefits, and free data assurance for all citizens, the company announced on May 29. The new plan, named 'Best Light,' wil May 29, 2026

BC Card Expands Afforestation Project in Mongolia to Combat Desertification BC Card is expanding its afforestation efforts in Mongolia to combat desertification. The company announced on May 29 that it will utilize its 'Paperless' environmental fund and 'Green Card' fund to plant an additional 10 hectares of forest annually in the Bayanchandmani area of Mongolia through 2028. The Paperless environmental fund was established in 2012 through a partnership between BC Card and the Korea Environmental Industry and Technology Institute. It operates a system that elim May 29, 2026