Coinone Launches 'Coin Collecting' Service via KakaoBank Coinone announced on May 19 that it will offer its savings investment service, 'Coin Collecting,' through the KakaoBank app.Coinone transitioned its real-name account partnership from NH Nonghyup Bank to KakaoBank in August 2022 and has renewed the contract annually since then. Customers of Coinone with KakaoBank accounts can now conveniently access the Coin Collecting service.Coin Collecting is an automated order service that allows customers to purchase virtual assets on designated dates based May 19, 2026

Schneider Electric Named One of TIME's Top 10 Energy Companies Schneider Electric has been named one of the "Top 10 Most Influential Energy Companies in the World" for 2026 by TIME magazine. The recognition comes as demand for power and cooling in data centers surges due to the expansion of artificial intelligence (AI) infrastructure, highlighting the company's competitive edge in energy efficiency innovations. Schneider Electric announced that it is included in the energy sector of TIME's newly released "TIME100 Companies: Industry Leaders" list, wh May 19, 2026

Elon Musk Loses Lawsuit Against OpenAI, Easing IPO Pressure Elon Musk, CEO of Tesla, has lost a lawsuit he filed against OpenAI. A jury determined that Musk had filed his lawsuit after the legal deadline, and the court accepted this finding, dismissing all of Musk's claims. This outcome is seen as a relief for OpenAI, which is planning to go public (IPO) later this year. On May 18, local time, a jury in the U.S. District Court in Oakland, California, unanimously ruled in favor of OpenAI. The jury concluded that Musk did not file his lawsuit within May 19, 2026

Anthropic Warns Against Unauthorized Stock Transactions Amid AI Market Growth AI startup Anthropic announced it will not recognize any transfers of its stock or stock-related rights that lack board approval. This warning comes as the over-the-counter market for unlisted AI company shares expands, raising concerns that investors purchasing indirect investment products may not secure actual shareholder rights. In a notice released on May 19, Anthropic stated that sales or transfers of its stock or related rights without board approval are invalid and will not be recor May 19, 2026

Samsung Union Leader's Controversial Remarks Spark Backlash Ahead of Strike As Samsung Electronics prepares for a general strike on May 21, tensions are rising following remarks made by the union leader targeting the non-semiconductor division. Choi Seung-ho, head of the super union, expressed his frustration by stating, "I can't deal with DX anymore," which has sparked controversy.On May 19, industry sources reported that Choi made these comments in a Telegram chat for union members after the second round of post-adjustments concluded the previous day. He suggested, "O May 19, 2026

SK Securities Raises LG Target Price Amid Shareholder Return Expectations SK Securities announced on May 19 that it has raised its target price for LG from 110,000 won to 140,000 won, citing improved performance from subsidiaries and ongoing expectations for additional shareholder returns. The firm maintained its investment opinion at 'buy.' Choi Kwan-soon, a researcher at SK Securities, noted that while LG's consolidated performance was weak in the first quarter due to losses at LG Chem and a decline in rental income, a recovery is anticipated for the year bas May 19, 2026

Ruling Party Criticizes Opposition Leader's Comments on Gwangju The Democratic Party harshly criticized Song Eon-seok, the floor leader of the People Power Party, for his comments made after he did not attend the 46th anniversary ceremony of the Gwangju Uprising on May 18, stating, "He has no right to mention the spirit of Gwangju, akin to 'Biden Season 2.'" Kang Jun-hyun, the party's chief spokesperson, spoke to reporters at the National Assembly on May 19, saying, "It is a day to remember the significance of May 18, yet yesterday, Song made a remark May 19, 2026

Financial Supervisory Service Addresses AI Hacking and Leverage ETF Risks The Financial Supervisory Service (FSS) is intensifying its response to consumer risks associated with cyberattacks utilizing artificial intelligence (AI), the concentration of leverage exchange-traded funds (ETFs), and disorderly recruitment practices by corporate insurance agents (GAs). On May 18, FSS Chairman Lee Chan-jin presided over the second Consumer Risk Response Council, where key issues affecting financial consumers were discussed. This council serves as the highest-level advis May 19, 2026

Hana Bank Opens Cooling Centers Nationwide Amid Heat Wave Recently, a heat wave reminiscent of midsummer has swept across the country, prompting Hana Bank to take action in collaboration with the Ministry of the Interior and Safety. On May 19, Hana Bank announced that it will operate "cooling centers" at its branches nationwide. In April, the bank signed a memorandum of understanding with the Ministry of the Interior and Safety to promote the use of cooling and heating shelters. The cooling centers are part of the government's measures to comb May 19, 2026

Plastic Surgeon Charged with Drug Violations Linked to Porsche Crash Police have referred a plastic surgeon to prosecutors for allegedly supplying propofol to a driver who crashed through the guardrail of the Banpo Bridge while driving recklessly in February. According to police on May 19, the Yongsan Police Station sent a 40-year-old male surgeon, identified as A, to prosecutors on May 15 for violations of drug control laws. Investigations revealed that A had excessively administered propofol to over ten patients visiting his clinic since August of last May 19, 2026