Candidates Launch Campaigns for Seoul Mayor Election Jung Won-o of the Democratic Party and Oh Se-hoon of the People Power Party officially launched their campaigns for the Seoul mayoral election on May 21. Jung is focusing on his political hometown of Seongdong, while Oh is reaching out to citizens in Gangbuk, where his elementary school is located. On the first day of the campaign, Jung visited the Dong Seoul Postal Center in Gwangjin-gu at midnight to encourage workers and personally moved packages in the sorting area. He was accompanied May 21, 2026

Funding Controversy Surrounds '21st Century Great Lady' Amid Historical Accuracy Concerns "Sending emails to the members of the Culture, Sports and Tourism Committee will speed things up. They will raise a fuss during the National Assembly audit. The Minister of Culture, Sports and Tourism will have to face their wrath. Let's send emails regardless of party affiliation." (From a community post) Amid controversy over historical inaccuracies in the drama "21st Century Great Lady," it has come to light that the show received production support from the Korea Creative Content A May 21, 2026

World No. 1 Scottie Scheffler: Focus on Your Own Path, Not Comparisons "What has always been important to me is working hard to become the 'best player' I believe I can be," Scottie Scheffler said during a press conference on May 21 at the TPC Craig Ranch in McKinney, Texas, ahead of the PGA Tour's CJ Cup Byron Nelson, which has a total prize purse of $10.3 million. As the top-ranked player in men's golf, Scheffler is widely recognized as the best player in the game today. He has achieved 20 wins on the PGA Tour and four major championships, and he won a gold May 21, 2026

The Fall of Kumyang: A Cautionary Tale of Delisting in the Battery Sector Kumyang, once a leading player in the battery sector with a market capitalization nearing 10 trillion won, has faced a delisting decision. Analysts attribute this downfall to aggressive business expansion, a surge in speculative trading, and repeated controversies over disclosures that eroded market trust, culminating in a rejection of audit opinions. On May 21, the Korea Exchange reported that Kumyang filed for a suspension of the delisting decision at the Seoul Southern District Court. May 21, 2026

Negative Campaigning Dominates Upcoming Local Elections in South Korea As the June 3 local elections approach in South Korea, the political climate in key battlegrounds is becoming increasingly contentious. Candidates are hitting the streets to meet voters, and political parties have mobilized their full support. It is natural for the intensity to rise as the election date nears, as democracy thrives on competition, and elections are the most visible manifestation of that competition. However, this local election is becoming overly focused on personal atta May 21, 2026

Mick Mulvaney Discusses Protectionism as Key U.S. Policy at AMCHAM Event SEOUL, May 21 (AJP) - Mick Mulvaney, the former acting White House Chief of Staff, stated that many of the changes occurring in Washington today are not limited to President Trump but represent structural trends that will shape the U.S. political and economic order in the long term. He also noted that protectionism and a domestic-focused economic policy are likely to remain central to U.S. policy regardless of which party is in power. The American Chamber of Commerce in Korea (AMCHAM) hosted a s May 21, 2026

Han Yu-won Launches Second Recruitment for Online Sales Support Program Targeting 300 SMEs The Korea Small and Medium Enterprises and Startups Agency (Han Yu-won) is recruiting small and medium enterprises (SMEs) for the second phase of its "Comprehensive Online Sales Support" program, aimed at helping businesses expand their market reach. According to Han Yu-won, the program aims to support a total of 300 companies this year, aligning with the growing trend of online consumerism. The initiative seeks to enhance online distribution channels for SME products by connecting them w May 21, 2026

Lotte Hi-Mart's PLUX Brand Achieves Success in First Year, Aiming for 200 Billion Won in Sales Lotte Hi-Mart's private brand (PB) PLUX is experiencing growth, particularly among one- to two-person households and younger consumers. The company reported on May 21 that its overall PB sales increased by 15% year-on-year from April of last year to March of this year. In the first quarter of this year, sales rose by 26% compared to the same period last year. PLUX was designed to cater to the needs of one- to two-person households, which tend to prefer smaller appliances due to limite May 21, 2026

Trump Says Iran Negotiations Are in Final Stages as Iran Demands Sanction Relief Amid a prolonged conflict in the Middle East, President Donald Trump announced that negotiations with Iran are in the final stages, suggesting a potential end to hostilities. Meanwhile, Iran confirmed it is reviewing U.S. proposals but insists that the release of frozen assets and the cessation of maritime blockades must be prerequisites for any dialogue. On May 20, during a visit to the Coast Guard Academy in New London, Connecticut, Trump told reporters, "We are in the final stages regar May 21, 2026

KG Mobility Hires Former Hyundai Executive to Boost Exports KG Mobility has taken a significant step in its global market strategy by hiring a former Hyundai Motor executive. On May 21, industry sources reported that KG Mobility appointed Han Chung-seop as the head of its Overseas Business Division. The company disclosed the new executive in its first-quarter audit report. Han has extensive experience in overseas sales, having previously managed operations in Latin America and the Middle East at Hyundai Motor. His expertise is expected to suppor May 21, 2026