AI Pick
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Anthropic Shares AI-Detected Cyber Vulnerabilities with Global Financial Authorities
U.S. artificial intelligence company Anthropic has decided to share cyber defense vulnerabilities identified by its latest AI model with major financial authorities and central banks worldwide. The Financial Times reported, citing two sources familiar with the matter, that Anthropic plans to brief member countries of the Financial Stability Board (FSB) on the capabilities of its latest AI model, Claude Mythos Preview. This briefing is reportedly in response to a request from Andrew Bailey,
May 18, 2026
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KOSPI Recovers from Early 4% Drop to Close Slightly Higher at 7510
On May 18, the KOSPI index initially plunged more than 4% but managed to recover, closing slightly higher at 7510, bolstered by a rebound in semiconductor stocks. According to the Korea Exchange, the KOSPI finished up 22.86 points (0.31%) at 7516.04. The index opened at 7443.29, down 49.89 points (0.67%) from the previous session. During the early trading session, the KOSPI experienced a sharp drop of over 4%, triggering a sell-side circuit breaker around 9:19 a.m. The sell-side circuit
May 18, 2026
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Short Selling Increases Despite Decrease in Short Positions
Following the KOSPI's surge past the 8,000 mark, the volume of short selling transactions has risen to approximately 2.8 trillion won. However, during the same period, the balance of securities lending has significantly decreased, indicating a trend that diverges from simple bearish betting. According to the Korea Exchange, as of May 15, the total value of short selling transactions reached 28.558 trillion won, marking a consecutive two-day record above 28 trillion won, following 28.383 t
May 18, 2026
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NH Nonghyup Bank Raises Bar for Home Loans Starting May 20
Last month, the balance of home mortgage loans saw its largest increase in eight months, prompting NH Nonghyup Bank to tighten its lending criteria for household loans, particularly mortgages. This move is interpreted as a measure to strengthen total loan management amid a resurgence in mortgage growth within the banking sector. According to financial sources on May 18, NH Nonghyup Bank will temporarily restrict refinancing for face-to-face mortgage loans from other banks starting May 20. T
May 18, 2026
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Rising Stock Prices Leave Individual Investors Struggling to Keep Up
As the KOSPI index continues to reach record highs, the number of so-called "emperor stocks," which have prices exceeding 1 million won, has also surged. However, the soaring prices have made these stocks less accessible for individual investors. According to the Korea Exchange, as of May 18, the closing prices for companies such as Hyosung Heavy Industries, SK Hynix, Doosan, Korea Zinc, Samsung Biologics, Samyang Foods, Hanwha Aerospace, HD Hyundai Electric, SK Square, Samsung Electro-Me
May 18, 2026
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KOSPI Defies Rising Interest Rates, Only Global Index to Rise
Despite fears of soaring interest rates, the KOSPI managed to maintain its upward momentum. As U.S. Treasury yields surged, stock markets around the world experienced declines, but the KOSPI was the only index to rise, buoyed by strong earnings expectations for Samsung Electronics and SK Hynix.<related articles on page 4> According to the Korea Exchange, the KOSPI closed at 7,516.04, up 22.86 points (0.31%) from the previous trading day. Initially, the index plummeted more than 4%, droppi
May 18, 2026
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Korbit Sells $8.2 Million in Bitcoin and Ethereum Amid Profitability Struggles
Korbit, a South Korean cryptocurrency exchange, has sold approximately 10.4 billion won (about $8.2 million) worth of Bitcoin and Ethereum over the past four months. This move comes as the exchange faces declining trading volumes and worsening profitability, prompting the need to secure operational funds.According to a disclosure from the Digital Asset Exchange Alliance (DAXA) and Korbit on May 18, the sales occurred between February 5 and May 11. During this period, Korbit sold 25 Bitcoins from
May 18, 2026
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Why Asia's Spirituality Matters in the Age of AI
Humanity stands at the threshold of a significant civilizational shift in the 21st century. Artificial intelligence (AI) has begun to learn human language and thought, while robots and algorithms are taking over much of human labor and decision-making. Although humanity is living in the most prosperous era in history, it is simultaneously entering a period of profound spiritual unease. The economy has grown, but communities have weakened; technology has advanced, yet humanity seems to be witheri
May 18, 2026
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Homeplus Stores Temporarily Close, Affecting Tenants' Sales
On May 18, at the Homeplus store in Jamsil, Songpa District, Seoul, the cart storage area was empty, and a sign reading "Hygienic Homeplus Carts" was torn and fluttering in the wind. The usually bustling store was quiet following the closure announcement. Tenants operating within the store expressed their frustration, with one restaurant owner, identified as A, stating, "Since the supermarket closed, the few customers we had have noticeably decreased."As of July 3, Homeplus has temporarily close
May 18, 2026
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VIP Marketing Evolves into High-End Experiences
The landscape of VIP benefits in the retail industry is changing. Services that once focused on convenience, such as parking privileges and exclusive lounge access, are evolving into tailored private experiences that encompass travel, fine dining, and cultural arts. This shift aims to enhance brand loyalty by offering top-tier customers unique experiences that cannot be purchased with money. According to industry sources, Shinsegae Department Store's VIP-exclusive curation platform, '
May 18, 2026