SpaceX Cancels All Shares Allocated to Mirae Asset in IPO, Domestic Subscriptions Void All shares that were to be allocated to Mirae Asset Securities in SpaceX's initial public offering (IPO) have been canceled. As a result, all domestic subscriptions from investors have been rendered void. According to Yonhap News on June 13, SpaceX had planned to allocate 2,314,815 Class A common shares to Mirae Asset Securities in this IPO. However, the lead underwriter, Goldman Sachs, did not assign any shares to Mirae Asset after readjusting the final allocation due to unexpectedly hig June 13, 2026

Can Busan Become South Korea's Second Growth Engine with AI and the Arctic Route? "(ABC Broadcasting's question) Can Busan combine its role as a maritime capital with that of an AI city to become South Korea's second growth engine?" Regions across South Korea are facing a common crisis. Young people are leaving, businesses are flocking to the capital region, and local areas are on the brink of extinction. Busan is no exception. Once the country's second-largest city, it now grapples with a trifecta of challenges: population decline, industrial stagnation, and youth outmigrati June 13, 2026

Jang Dong-hyuk Proposes Meeting with Kim Min-seok and Jeong Cheong-rae Jang Dong-hyuk, leader of the People Power Party, proposed a meeting on June 13 with Prime Minister Kim Min-seok and Jeong Cheong-rae, leader of the Democratic Party, regarding the shortage of ballots during the June 3 local elections. Jang emphasized, "Let’s discuss both the re-election and the special investigation, and I am open to any format of dialogue." In a Facebook post, Jang stated, "There were 869 cases of twin votes nationwide, and 15 cases of triple votes were also reported. T June 13, 2026

South Korea Responds to EU's Statement Condemning North Korea-Russia Military Cooperation South Korea's Blue House stated that the European Union's recent joint statement condemning military cooperation between North Korea and Russia does not represent a new position for the South Korean government. A senior official from the Blue House spoke to reporters in Rome on June 13, saying, "The stance on military cooperation between Russia and North Korea, as well as on North Korean human rights, is merely a reflection of the positions already articulated by the South Korean government." On June 13, 2026

USA Defeats Paraguay 4-1 in World Cup Opener The United States, co-host of the 2026 FIFA North and Central America World Cup, secured its first victory by defeating Paraguay 4-1 in their opening match on June 13. Under the guidance of head coach Mauricio Pochettino, the US men's national soccer team triumphed in the group stage match held at the LA Stadium in California. The victory featured an own goal from Paraguay, two goals from Folarin Balogun, and a late goal from Giovanni Reyna. The match tilted in favor of the US early on June 13, 2026

Samsung Life's CEO Redefines Insurance in the Age of AI The insurance industry stands at a significant turning point. With low birth rates, an aging population, digital transformation, and the AI revolution occurring simultaneously, traditional life insurance models are being shaken. Where insurance companies once relied on product sales and agent organizations for competitiveness, the focus has now shifted to data, platforms, and the ability to manage the entire customer lifecycle. Hong Won-hak, CEO of Samsung Life, is among the insurance leaders mo June 13, 2026

Prosecutors Seek Arrest Warrants for Former Shincheonji Officials Amid Allegations of Political Manipulation The Joint Investigation Team probing allegations of collusion between religion and politics has applied for arrest warrants for former Shincheonji officials accused of forcing party membership. On June 13, the team announced it had requested warrants for three individuals, including former General Secretary Ko Dong-an, who is considered the second-in-command of Shincheonji, and the former secretaries of the Johan and Simon tribes, on charges of violating party laws. This marks the first June 13, 2026

Iran Secures Approval for MOU with U.S. Amid Ongoing Conflict Iran, currently engaged in hostilities with the United States, announced that it has received approval from Supreme Leader Ayatollah Mojtaba Khamenei regarding a Memorandum of Understanding (MOU) for a ceasefire with the U.S. According to The New York Times, Abbas Araghchi, Iran's Foreign Minister, stated in a televised address on June 12 that the agreement with the U.S. has reached its final stages and has been approved by the Supreme Leader and the National Security Council, which comp June 13, 2026

Elon Musk Becomes World's First Trillionaire with SpaceX IPO Elon Musk, 54, set a record as the world's first trillionaire with the initial trading of SpaceX. Bloomberg reported that on June 12, SpaceX shares began trading on Nasdaq at $150 each, bringing Musk's total net worth to $1.05 trillion, equivalent to approximately 1,594 trillion won. This wealth surpasses the GDP of major countries, including Taiwan ($976.7 billion), Ireland ($779 billion), Sweden ($760 billion), and Singapore ($660 billion), and is comparable to Switzerland's GDP. M June 13, 2026

LNG Ship Orders Continue Amid Uncertainty Over IMO Regulations, Boosting K-Shipbuilding The International Maritime Organization's (IMO) introduction of carbon neutrality regulations is taking longer than expected, yet investments in eco-friendly vessels within the global shipping industry continue to grow. Despite regulatory uncertainties, shipping companies are securing alternative fuel vessels, including liquefied natural gas (LNG) carriers, which is positively impacting the domestic shipbuilding sector. According to industry sources, the IMO's Net-Zero Framework, aimed at d June 13, 2026