Kakao Shares Hit 52-Week Low Amid Union Strike Concerns Kakao's stock price fell to a 52-week low during trading on concerns over a potential strike by its headquarters union. This decline was compounded by downward revisions of target prices by analysts, dampening investor sentiment. According to the Korea Exchange, as of 2:12 PM, Kakao shares were trading at 39,250 won, down 1,250 won (-3.09%) from the previous trading day. The stock opened at 40,000 won and briefly rose to 41,300 won before giving back those gains and dropping to 38,500 won May 28, 2026

Increased Importance of Compliance and Ethical Management in Pharma Industry Concerns have been raised that the turmoil in the contract sales organization (CSO) management market is undermining trust in the pharmaceutical industry. Some companies have reportedly engaged in questionable contracts, such as compensating CSO commissions later to avoid price reductions by aligning with research and development (R&D) cost ratios. In response, the Korea Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA) held a workshop to discuss potential improvements.On May 27, t May 28, 2026

Korean Film 'Gunchae' Surpasses 2 Million Viewers, Eyes Global Success Gunchae, the latest film by director Yeon Sang-ho, has surpassed 2 million viewers domestically and is showing promising signs of success in international markets. The film secured overseas distribution rights in 124 countries prior to its release, and in Malaysia, it quickly climbed to the top ranks of all-time Korean film box office hits. With approximately 800,000 viewers remaining to reach its break-even point, there is growing interest in whether Yeon’s K-zombie genre can create a sustainab May 28, 2026

LS Shares Drop for Second Consecutive Day Following Revised Earnings Report LS Corp. is experiencing a decline in stock prices for the second consecutive day due to the impact of a revised quarterly report. As of 2:07 PM on May 28, the company’s shares were trading at 458,500 won, down 9.74% (49,500 won) from the previous trading day. This follows an 8.14% drop in the stock market the day before, indicating a continuing downward trend. The recent decline is attributed to a correction in the first-quarter order backlog figures. LS announced on May 27 that it would May 28, 2026

Plans for New Airport and Underground Rail Highlight Major Infrastructure Promises As the June 3 local elections approach, promises surrounding major social overhead capital (SOC) projects, including the underground Gyeongbu Line and new airport construction, have become a focal point. Candidates for key metropolitan mayoral positions in Busan, Gyeonggi, and Daegu are unveiling ambitious development plans that integrate airport facilities, rail systems, and industrial complexes as part of their regional growth strategies. However, concerns have been raised regarding the May 28, 2026

Samyang Group Holds 35th Sudang Award Ceremony; Professors Hwang Il-doo and Cho Sung-bae Honored The Sudang Foundation of Samyang Group announced on May 28 that it held the 35th Sudang Award ceremony on May 27 at the Lotte Hotel in Seoul, honoring Hwang Il-doo, a distinguished professor at Pohang University of Science and Technology, and Cho Sung-bae, a professor at Yonsei University, each with a plaque and a cash prize of 200 million won. Hwang, the recipient in the basic science category, was recognized for his research uncovering the signaling pathways of plant development and the May 28, 2026

Lotteria Launches Season 4 of Young Farmers Circulation Project Lotteria is expanding its support for young farmers as part of its efforts to strengthen a cooperative supply chain based on domestic agricultural products. On May 28, Lotteria GRS announced the launch of Season 4 of its Young Farmers Circulation Project, which provides logistics support to young farmers in the Chungnam region. The Young Farmers Circulation Project is a social contribution program aimed at helping young farmers settle and engage in agricultural activities. It operates by May 28, 2026

BTS Concert Sparks Surge in Hotel Prices in Busan; Authorities Launch Inspections The South Korean government is taking action to prevent price gouging and reservation cancellations ahead of the BTS concert scheduled for June in Busan. The National Tax Service and the Fair Trade Commission will conduct special on-site inspections, and businesses found in violation may face severe penalties, including suspension of operations. On May 28, the Ministry of Economy and Finance and the Ministry of Culture, Sports and Tourism held a task force meeting co-chaired by Vice Minis May 28, 2026

156.5 km Trail Transforms Seoul into a Walking City Young parents pushing strollers up gentle inclines, foreign tourists capturing photos against the backdrop of Seoul's urban landscape, and elderly couples resting on benches to enjoy the midday calm are all part of the changing scenery at Namsan in the heart of Seoul. Once a destination for strenuous hikes, the mountain is now transforming into a space for leisurely walks and relaxation. Recently, visitors to the Namsan Sky Forest Trail found a wooden deck winding through the trees, wher May 28, 2026

Hyundai Home Shopping Expands Beauty Store 'Coasis' to Four Locations Hyundai Home Shopping is expanding its offline beauty business by opening multiple locations of its beauty store 'Coasis.'On May 28, Hyundai Home Shopping announced that it will open the second Coasis store at Hyundai Department Store in Cheonho on May 29. Next month, the company plans to sequentially open the third and fourth stores at Hyundai Outlet Garden Five and Dongdaemun.Coasis was first introduced in December 2025 at the Hyundai Premium Outlet Space One in Namyangju, Gyeonggi Province. T May 28, 2026