SK Group Chairman Chey Tae-won Calls for Generalists in the AI Era Chey Tae-won, Chairman of SK Group and the Korea Chamber of Commerce and Industry, emphasized the need for generalist-type talent in the AI era during a recent special lecture. In an appearance on KBS1TV's Documentary Insight – Talent Wars 2: Chey Tae-won's Response, which aired on May 28, Chey stated, "We are moving beyond the era of 'reasoning AI,' where machines provide answers to human questions, and are entering a period of 'agentic AI,' where machines will make decisions and take acti May 29, 2026

Lee Jae-Yong Casts Ballot on First Day of Early Voting for Local Elections Lee Jae-Yong, Chairman of Samsung Electronics, voted on the morning of May 29, 2026, at an early voting station set up at the Hannam-dong Community Center in Yongsan-gu, Seoul, marking the first day of early voting for the 9th nationwide local elections. Early voting is being conducted nationwide at 3,571 polling stations from May 29 to May 30, from 6 a.m. to 6 p.m.* This article has been translated by AI. May 29, 2026

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