LH to Offer 4,500 Rental Units for Low-Income Households The Korea Land and Housing Corporation (LH) is recruiting first-priority tenants for rental housing aimed at low-income households without homes. A total of 4,500 units will be available nationwide, with applications accepted from June 8 to June 12 at local administrative welfare centers based on the applicant's registered address. The rental housing program allows eligible tenants to find homes within a specified support limit. LH will then sign a lease agreement with the property owner May 21, 2026

Paik Da Bang Launches Two Smoothies Inspired by Webtoon 'Nyanhan Namja' The coffee brand Paik Da Bang, under The Born Korea, has teamed up with the Naver Webtoon characters 'Chunbae and Friends' to introduce limited-time summer beverages and fan merchandise. On May 21, Paik Da Bang announced the launch of two new menu items inspired by the webtoon 'Nyanhan Namja-Chunbae and Friends.' The new offerings include smoothies that reflect the characters' essence. The 'Nyangnyang! Chunbae Punch Chocolate Smoothie' combines a milk smoothie with chocolate sauce and ch May 21, 2026

Hyundai Engineering Expands U.S. Nuclear Alliance to Next-Generation Reactors Hyundai Engineering is accelerating its entry into the global energy market by expanding its focus to advanced next-generation reactors. On May 19, Hyundai Engineering announced that it signed a memorandum of understanding (MOU) with TerraPower and HD Hyundai Heavy Industries for the commercial deployment of the next-generation reactor 'Natrium®' at Goldman Sachs headquarters in New York. The signing ceremony was attended by key executives, including Choi Young, Executive Vice Preside May 21, 2026

Memorial Service for Dr. Lee Jong-wook, 'Asia's Schweitzer,' Held at WHO Headquarters A memorial service commemorating the 20th anniversary of the passing of Dr. Lee Jong-wook, former Director-General of the World Health Organization (WHO), was held on May 20 at the WHO headquarters in Geneva, Switzerland. According to Yonhap News, the event was organized by South Korea's Ministry of Health and Welfare and the Korea Foundation for International Healthcare (KOFIH), with the participation of health ministries from six countries: South Korea, China, Ethiopia, Laos, Sri Lanka May 21, 2026

Lee Calls Bloomberg Correction on 'National Dividend' a Model for Domestic Media President Lee Jae-myung stated on May 21 that Bloomberg's correction regarding its reporting on the 'national dividend' should serve as a model for some domestic media outlets that engage in politically motivated manipulation and distortion while refusing to issue corrections. In a post on X (formerly Twitter), President Lee shared the article and remarked, "The claim made by Chief Policy Officer Kim Yong-beom was about distributing excess tax revenue, not excess profits, which was misreported. May 21, 2026

Russia and Ukraine Exchange Strikes Amid Accusations of Foreign Involvement Russia and Ukraine are engaged in intense fighting following large-scale airstrikes targeting each other's capitals. Tensions have escalated as both nations accuse neighboring countries of supporting their adversaries. According to Reuters and AFP, the Dnipro region in southeastern Ukraine was hit by Russian drone and missile attacks overnight on May 20, resulting in two deaths and six injuries. In addition, 13 people, including three children, were injured in the northern Sumy region and May 21, 2026

Google's Transformation and the Rise of AI Natives In childhood, if you wanted to find a song but didn’t know its title, you had to hum and ask, “Do you know this song? Hmm hmm~~ hmm hmm hmm.” If no one could help or if you weren’t a good singer, you had to wait for the DJ on the radio to announce the title. With the advent of the internet, the world changed dramatically. Instead of humming, you could type a few lyrics into a search engine to find the song you were looking for. Now, you can simply open an AI app on your smartphone, play a May 21, 2026

Lotteria to Raise Menu Prices by Average 2.9% Starting May 28 Lotteria will increase prices for some menu items starting at the end of this month. Lotteria GRS announced on May 20 that it will raise prices by an average of 2.9% beginning May 28. The price adjustments will affect 22 types of individual burgers, with increases ranging from 100 to 300 won per item. The popular 'Ria Bulgogi' and 'Ria Shrimp' burgers will each see a 100 won increase, bringing their prices to 5,100 won. The company cited rising exchange rates due to domestic and interna May 21, 2026

Samsung Electro-Mechanics Shares Surge After $1.5 Billion Silicon Capacitor Deal Samsung Electro-Mechanics shares rose by over 10% in early trading following news of a supply contract for silicon capacitors worth 1.557 trillion won ($1.5 billion) with a major U.S. tech company. As of 9:46 a.m. on May 21, the company’s stock was trading at 1,169,000 won, up 108,000 won (10.18%) from the previous day. During the session, the stock peaked at 1,219,000 won, setting a new all-time high. The surge in share price appears to be driven by investor optimism following the com May 21, 2026

Samsung Life Shares Surge 10% Following Samsung Electronics Labor Agreement Samsung Life's stock price is experiencing a significant rise in early trading. This surge is attributed to the resolution of labor negotiations at Samsung Electronics, which has boosted the company's stock value due to Samsung Life's holdings in Samsung Electronics. According to the Korea Exchange, as of 9:55 a.m. on May 21, Samsung Life shares were trading at 345,500 won, up 33,500 won (10.74%) from the previous trading day. Market analysts cite the strong performance of Samsung Electronics' May 21, 2026