Foreign Investors Sell 38 Trillion Won While Retail Investors Buy 41 Trillion Won Amid Ongoing Market Struggle ◆Ajou Economic Major News ▷Foreign investors have sold 38 trillion won in the KOSPI over 10 consecutive trading days, while retail investors have responded with 11 consecutive days of net buying. - Foreign investors have engaged in net selling for 10 straight trading days in May, offloading approximately 38 trillion won. In contrast, individual investors have been net buyers for 11 consecutive days, absorbing the sell-off. - Analysts suggest that the surge in U.S. interest rates and concer May 21, 2026

Brooks Koepka Returns to CJ Cup After Five Years, Remembers Memorable Journey Brooks Koepka, known as a "major hunter," is aiming for victory at the CJ Cup Byron Nelson, returning to the PGA Tour after five years. The tournament, which features a total prize purse of $10.3 million, will take place at TPC Craig Ranch in McKinney, Texas. On May 21, during a press conference at the tournament's media center, Koepka stated, "This is my third consecutive week on tour. I like to create momentum and find my rhythm by playing several weeks in a row. It's been a while since I May 21, 2026

Lotte World Offers Unique Experiences with 'Star Wars' and Baby Penguins Lotte World is focusing on attracting visitors by offering a variety of attractions, from global intellectual property experiences to the birth of endangered species, in celebration of Family Month. Lotte World Tower's Seoul Sky will host the 'STAR WARS: ABOVE THE GALAXY' exhibition in collaboration with Walt Disney Company Korea, running until June 28, ahead of the film release of 'The Mandalorian and Grogu' on May 27. This themed space is designed to take visitors on a journey into t May 21, 2026

Google I/O 2026 Sparks Major Changes in AI Landscape with New Products and Partnerships As Google's annual developer conference concluded, significant shifts in the AI industry became evident. Changes are unfolding simultaneously across hardware, software, and partnerships. According to the IT industry on May 21, Google announced several key developments during the Google I/O 2026 event held on May 19-20 at the Shoreline Amphitheatre in Mountain View, California. These included the unveiling of AI smart glasses, enhancements to its agent coding platform, and a reduction in s May 21, 2026

U.S.-Iran Peace Talks Fuel Plunge in Oil Prices, WTI Falls Below $100 Oil prices plummeted following comments from President Donald Trump indicating that U.S.-Iran peace negotiations are nearing completion. On May 20, Brent crude for July delivery fell 5.63% to close at $105.02 per barrel on the ICE Futures Exchange. Meanwhile, West Texas Intermediate (WTI) crude for July delivery dropped 5.66% to finish at $98.26 per barrel on the New York Mercantile Exchange. The decline in oil prices is attributed to Trump's statement that the U.S.-Iran negotiations are in May 21, 2026

Government Introduces Fines for Price Stability Violations, Extends Fuel Tax Cuts The government has announced measures to enhance the effectiveness of price stability initiatives. To address the limitations of existing legal sanctions against violations such as hoarding, the Price Stability Act will be amended to introduce monetary penalties. Additionally, the government will extend fuel tax cuts for gasoline by 15% and diesel by 25% for two more months, until the end of July, in response to rising international oil prices. Koo Yoon-cheol, Deputy Prime Minister and Mini May 21, 2026

Samsung Electronics DS Division Bonuses Projected to Reach Up to 600 Million Won Per Employee According to industry sources, employees in certain sectors of Samsung Electronics' semiconductor division may receive bonuses of up to 600 million won each, based on a tentative agreement reached just before a planned general strike. On May 21, reports indicated that Samsung Electronics and its labor union established a new special management bonus system for the DS division in their recent tentative agreement. This system combines the existing OPI of 1.5% with an additional special man May 21, 2026

OpenAI Plans to Submit IPO Filing as Early as May 22 OpenAI is expected to submit initial paperwork for its initial public offering (IPO) to U.S. regulators as early as this week. The Wall Street Journal reported on May 20, citing multiple sources, that OpenAI has been preparing a draft of its IPO prospectus in collaboration with investment banks and plans to file it confidentially with the U.S. Securities and Exchange Commission (SEC) as soon as May 22. The company aims for a public listing by September, although sources indicated that t May 21, 2026

SpaceX Announces Plans for Record-Breaking IPO Targeting $2 Trillion Valuation SpaceX has officially announced plans for what could be the largest initial public offering (IPO) in history. On May 20, local time, NBC News reported that SpaceX confirmed its intention to publicly sell shares to individual investors through a securities filing submitted that day. The official name is Space Exploration Technologies Corp., and it is set to trade on NASDAQ under the ticker symbol 'SPCX.' Given SpaceX's significant competitive advantages in the rocket launch and satelli May 21, 2026

Woori Bank's CEO Jeong Jin-wan Focuses on Restoring Trust in Finance Jeong Jin-wan, CEO of Woori Bank, bases his leadership on a foundation of crisis. He took charge of an organization where trust had eroded, rather than one experiencing growth. Following incidents of improper lending and embezzlement, he faces the challenge of restoring the bank's core essence. Jeong has distilled this issue into a singular task: 'trust recovery.' Instead of opting for flashy strategies, he has chosen to return to basics.Internal controls, corporate culture, and customer focus m May 21, 2026