K-Culture Showcases Food, Beauty, and Content at K-EXPO USA 2026 in LA A K-Culture expo showcasing content, food, beauty, and tourism will take place in Los Angeles, the heart of the global entertainment industry. The Ministry of Culture, Sports and Tourism announced on May 22 that it will host the "K-EXPO USA 2026" from May 23 to 27 in collaboration with the Ministry of Agriculture, Food and Rural Affairs, the Ministry of Oceans and Fisheries, the Ministry of Health and Welfare, the Ministry of SMEs and Startups, and the Korea Creative Content Agency. The K May 23, 2026

NS Home Shopping Launches 'Harmonious 39 Day' Special with Fixed Prices NS Home Shopping is targeting consumers with a special fixed-price broadcast aimed at alleviating price concerns amid a downturn in consumer sentiment. The company announced on May 22 that it will hold a special broadcast titled 'Harmonious 39 Day' on May 26 and 28 through its NS Shop Plus channel. This promotional event will feature designated products all priced at 39,900 won, designed to reduce decision fatigue and offer practical products at reasonable prices. The lineup will May 23, 2026

Kwangjang Law Firm Hosts 'Transfer Pricing Practical Forum' with Korean International Tax Association The Korean International Tax Association, recognized as the leading academic organization in international taxation, announced on May 22 that it will hold a monthly international tax forum on May 28 at 2 p.m. at Kwangjang Law Firm in Jung-gu, Seoul, focusing on the topic of "Recent Issues in Transfer Pricing Practice." This forum, organized by Kwangjang, aims to address international tax and transfer pricing issues faced by multinational corporations both domestically and internationally. May 23, 2026

Hancom Partners with LG AI Research to Supply AI Agents for Chat Exa One Hancom is set to supply its self-developed artificial intelligence (AI) agents to LG AI Research's generative AI platform, Chat Exa One, as it aims to penetrate the public AI market. On May 22, Hancom announced that it has signed a strategic business alliance agreement with LG AI Research, covering AI technology, service platforms, and both public and private market sectors. The two companies plan to explore new business opportunities based on long-term cooperation. The core of this part May 23, 2026

KOSPI Rises on U.S. Market Records and Easing War Concerns The South Korean stock market opened higher, buoyed by record highs in the U.S. markets and expectations of reduced geopolitical risks in the Middle East. As of 9:07 a.m. on May 22, the KOSPI index rose by 46.32 points (0.59%) to 7,861.91. The index started the day at 7,873.12, up 57.53 points (0.74%) from the previous trading session. In the securities market, individual and institutional investors purchased a net 877.4 billion won and 194.4 billion won, respectively, while foreign inve May 23, 2026

Kwangdong Pharmaceutical Secures Domestic Approval for Fabry Disease Treatment Kwangdong Pharmaceutical is accelerating its expansion into the rare disease treatment market following the domestic approval of its Fabry disease treatment. As the supply of high-cost rare drugs stabilizes, competition for the introduction of rare disease treatments in South Korea is expected to intensify.On May 22, Kwangdong Pharmaceutical announced that it received product approval from the Ministry of Food and Drug Safety for its Fabry disease treatment, Elprazole (active ingredient: pegunig May 23, 2026

Samsung Electronics Union Begins Voting on 2026 Wage Negotiation Agreement The Samsung Electronics union began voting on the '2026 Wage Negotiation Agreement' on May 22. As concerns about compensation disparities and equity among different business divisions arise, there is a growing sentiment among non-memory sectors within the semiconductor (DS) division and the finished products (DX) division to reject the tentative agreement.The union's joint action committee is conducting electronic voting for all members from 2 p.m. on May 22 until 10 a.m. on May 27. The agreemen May 23, 2026

Korea to Supply 90,000 Rental Homes in Greater Seoul Amid Rising Prices Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol announced plans to supply 90,000 rental homes in the Greater Seoul area over the next two years in response to rising housing prices. Of these, 66,000 units will be concentrated in regulated areas. The government will also significantly strengthen crackdowns on market disruptions, including real estate tax evasion and price manipulation. During a meeting on real estate policy held at the Government Seoul Building on M May 23, 2026

Fire at Jinju Junkyard Extinguished After Nine Hours, No Injuries Reported A significant fire broke out at a junkyard in Jinju, South Gyeongsang Province, on the night of May 21, damaging the facility and several vehicles. According to Yonhap News Agency, the blaze started around 10:15 PM at a junkyard located in Danmok-ri, Daegok-myeon. The fire consumed a building measuring approximately 600 pyeong (about 1,983 square meters) and destroyed around 20 junked vehicles, resulting in an estimated property loss of about 229.4 million won. Fortunately, no injuries May 23, 2026

Seoul's New Attraction: The 'Seoul Moon' Balloon Offers Unique City Views Seoul is a city that often requires its residents to look up. With towering buildings, complex roads, and people constantly on the move, there is little time for reflection. Whether navigating subway transfer corridors or waiting at crosswalks in the financial district, the city rarely allows for a moment of pause. In the center of Yeouido Park, a massive white balloon known as the 'Seoul Moon' momentarily shifts this familiar perspective. Adorned with the phrase 'SEOUL MY SOUL' and a smi May 23, 2026