Minister Kim Yoon-deok Inspects GTX Samsung Station Construction Site for Rebar Issues Minister Kim Yoon-deok of the Ministry of Land, Infrastructure and Transport directed a thorough investigation into the cause of rebar omissions at the GTX Samsung Station construction site. The ministry reported that Kim visited the construction site of the underground complex development project on Yeongdong-daero in Seoul on the morning of May 22 to inspect the area where construction errors occurred. This site is part of the underground complex development project being implemented May 23, 2026

Financial Services Chair Lee Ok-yeon Joins National Growth Fund Financial Services Chair Lee Ok-yeon promoted the newly launched National Participation Growth Fund by signing up for it on May 22. According to the Financial Services Commission, Lee visited the NH Nonghyup Bank branch in Seoul on the morning of the launch to enroll in the fund. He experienced the entire enrollment process, including investor profiling and verifying key fund details, to assess the convenience and challenges of the procedure. "The National Participation Growth Fund offers citize May 23, 2026

Why 'Solo 25' Participant Youngja Did Not Join 'Nasol Four Seasons' Live Broadcast Youngja, a participant from the 25th season of 'I Am Solo,' addressed questions regarding her absence from the 'Nasol Four Seasons' live broadcast. On May 22, she stated on her social media, "Although I was unable to participate in the solo reaction and live broadcast, it seems that this experience has provided me with invaluable lessons and insights." Previously, Youngja became a final couple with Youngsik from Season 20 during the broadcast of 'Nasol Four Seasons' on May 21. However, h May 23, 2026

AWS Korea CEO Ham Gi-ho: 'Physical AI is the Next Frontier for Korea' Amazon Web Services (AWS) is positioning 'Physical AI' as a key growth area, expanding beyond the digital realm into the real world, and is actively supporting the robotics industry in South Korea. This initiative comes as the era of AI operating in real industrial settings, including robotics, autonomous production, logistics, and healthcare, begins to take shape. During his keynote address at the 'AWS Summit Seoul 2026' on May 20 in Samsung-dong, Seoul, Ham Gi-ho, CEO of AWS Korea, stat May 23, 2026

AI, Nuclear Power, and Defense Industry Drive New Growth in South Korea's Economy The foundation of South Korea's economy is gradually shifting. A new industrial axis is emerging on top of the traditional manufacturing sectors, which have been dominated by semiconductors, automobiles, and shipbuilding. This new axis includes artificial intelligence (AI), nuclear power, and the defense industry. These three sectors share a commonality beyond being promising industries; they are strategic sectors intertwined with the global reordering of power. This convergence of techno May 23, 2026

Korea Aims for Major Leap in Defense Industry with $60 Billion Canadian Submarine Bid When the Jangbogo submarine was commissioned in 1993, South Korea was the 43rd country in the world to operate submarines. In just over 30 years, the nation has entered the competition for Canada’s next-generation submarine project, valued at 60 trillion won. This is not merely participation; South Korea has formed a competitive duo with Germany's ThyssenKrupp Marine Systems (TKMS). Given the historical challenges faced by South Korea's shipbuilding and defense industries, this marks a significa May 23, 2026

TS Hosts Fire Prevention Meeting for Electric Two-Wheelers with Seoul Fire Department The Korea Transportation Safety Authority (TS) announced on May 22 that it held a fire prevention meeting for electric two-wheelers on May 21 in collaboration with the Seoul Fire Department and relevant associations and manufacturers. The meeting aimed to create a safer environment for the use of electric two-wheelers. As of the end of last year, there were a total of 2.26 million registered two-wheelers in South Korea, of which approximately 76,000 (3.4%) were electric. Although the ad May 23, 2026

Seoul to Develop Major Redevelopment Projects with Over 3,000 Housing Units Seoul's major redevelopment areas, including the Jangwi 15 district in Seongbuk-gu, the Sangdo 15 district in Dongjak-gu, and the Noryangjin 1 district, are set to transform into large-scale apartment complexes with over 3,000 housing units following the approval of integrated redevelopment plans. According to the Seoul city government, the 9th Integrated Review Committee convened on May 21 and approved plans for the Jangwi 15 district, Sangdo 15 district, Noryangjin 1 district, as well as May 23, 2026

HanAll Biopharma Shares Surge Following Immunovant Clinical Trial Results HanAll Biopharma is experiencing a strong surge in its stock price, rising over 14% on the second consecutive day, following positive clinical trial results from its global partner, Immunovant, for an autoimmune disease treatment. According to the Korea Exchange, as of 10:10 a.m. on May 22, HanAll Biopharma shares were trading at 58,000 won, up 7,100 won (13.75%) from the previous trading day. The day before, the stock had soared to the daily limit of 29.85%, closing at 59,000 won. The s May 23, 2026

People Power Party Criticizes Jung Won-o's Call to Halt GTX Construction The People Power Party criticized Jung Won-o, the Democratic Party's candidate for Seoul mayor, for announcing plans to halt construction on the GTX-A line at Samsung Station due to alleged rebar omissions. They labeled his statement as "political manipulation under the guise of safety." Jang Dong-hyuk, the party's representative, made these remarks during a central election campaign meeting in Yeouido, Seoul, stating, "Jung should stop inciting fear and engage in discussions instead." Jang f May 23, 2026