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Hyundai Motor Group has deployed gardening, delivery, and security robots at its renovated Seoul headquarters, aiming to create a robot-friendly environment and advance its physical AI ambitions. Executive Chair Euisun Chung discussed the company's robotics strategy, addressing labor union concerns and geopolitical risks.
Seoul has sent a technical analysis team to Dubai to investigate the May 4 strike on the HMM Namu in the Strait of Hormuz, which initial findings attribute to two unidentified flying objects. The vessel has been towed to a UAE port for a detailed examination as South Korea pursues diplomatic and investigative responses, with Iran denying involvement.
South Korean police have publicly identified a 23-year-old man as the suspect in the fatal stabbing of a high school student in Gwangju, also charging him with preparation for murder. The suspect, Jang Yoon-gi, allegedly targeted the victim after failing to find a former colleague who had reported him for stalking. Police have announced increased patrols in response to public concerns.
South Korea's presidential office has dismissed a proposal by policy chief Kim Yong-beom to introduce 'public dividends' from AI-driven tax revenues as his personal opinion, denying any official review. The proposal sparked political controversy and market volatility, with opposition critics labeling it communist-style.
South Korea's unification ministry is set to approve a visit by North Korean women's football team Naegohyang Women's FC for the AFC Women's Champions League semifinal against Suwon FC Women. The match marks the first visit by a North Korean sports team to the South in over seven years, with civic groups organizing a joint cheering squad.
South Korea’s June 3 local elections and parliamentary by-elections entered their official campaign phase this week, with the ruling Democratic Party holding a wide but narrowing approval lead over the main opposition People Power Party. However, a record-low candidate-to-seat ratio and 513 unopposed victories have raised questions about the health of local democracy.
A Seoul appellate court has halted the first formal hearing of former President Yoon Suk Yeol's insurrection appeals trial after his legal team requested recusal of the presiding judges. The move comes as Yoon faces multiple legal battles, including a separate perjury trial where prosecutors seek a two-year prison term.
South Korean stocks opened at a record high on May 14 and remained near the historic 8,000-point milestone the next day, driven by gains on Wall Street led by tech shares. The KOSPI briefly touched 7,951.75, just a few points shy of the unprecedented level, as investors welcomed the US-China summit outcomes and strong performance from AI-related companies.
US President Donald Trump has arrived in Beijing for the first visit by a US president to China in nearly a decade, with trade, tariffs, Taiwan, and the Iran conflict on the agenda. Trump is set to hold two days of talks with Chinese President Xi Jinping, with a delegation that includes US business leaders like Tesla CEO Elon Musk and Nvidia's Jensen Huang.
U.N. High Commissioner for Human Rights Volker Turk concluded a three-day visit to South Korea, meeting with top officials to discuss cooperation, North Korea's human rights situation, and pressing global issues like stranded sailors in the Strait of Hormuz. The visit marked the first official trip by a U.N. human rights chief in 11 years.
A new memorial honoring 22 countries that supported South Korea during the 1950-53 Korean War has opened at Gwanghwamun Square in Seoul, drawing both praise and criticism. Supporters, including Seoul Mayor Oh Se-hoon, see it as a fitting tribute, while critics argue the rifle-shaped sculptures militarize a space known for civic gatherings and protests.
South Korean shares rebounded over 2% to close at a fresh peak above 7,800, driven by semiconductor and auto stocks. The rebound came despite rising U.S. inflation and oil prices, with investors optimistic about the upcoming U.S.-China summit. The Korean won weakened against the dollar.
The South Korean won showed mixed performance on Wednesday amid lingering Middle East uncertainties and hotter-than-expected U.S. inflation, with reports from Yonhap indicating slight weakness by afternoon. Currency volatility persists amid stalled Washington-Tehran talks, while oil prices remain elevated above $102 per barrel.
Samsung Electronics and its largest labor union failed to reach a wage agreement after two days of government-mediated talks, raising the prospect of an 18-day strike starting May 21. The dispute over performance bonuses has prompted warnings from government officials and the central bank about potential economic damage, with a court yet to rule on Samsung's injunction request.
With South Korea's June 3 local elections approaching, the ruling Democratic Party and the main opposition People Power Party are both urging voters to deliver a verdict against the other side. DP leader Jung Chung-rae has called for a 'harsh judgment' against 'insurrectionist forces' linked to former President Yoon Suk Yeol, while PPP leader Jang Dong-hyeok has denounced the DP's push for a special counsel bill. The elections also include 14 National Assembly seats.
North Korea's General Federation of Trade Unions of Korea held its ninth congress, electing Ri Won-jong as chairman. Leader Kim Jong-un met with delegates, urging workers to serve as a 'vanguard' in implementing the state's five-year development plan. The congress underscores Pyongyang's efforts to refresh its organizational landscape following a key party congress in February.
South Korean Defense Minister Ahn Gyu-back said Seoul will review phased contributions to efforts restoring safe passage through the Strait of Hormuz, after talks with U.S. Defense Secretary Pete Hegseth. Possible steps range from political support to limited asset provision, short of expanded troop deployments, following an attack on a Korean-operated cargo ship. South Korea is also joining a Britain- and France-led multinational defense meeting on the waterway.
U.S. President Donald Trump traveled to Beijing for a three-day summit with Chinese President Xi Jinping, focusing on trade, Iran, Taiwan, and North Korea. The leaders discussed a potential "board of trade" and China's purchase of Boeing aircraft. Following the summit, Trump confirmed talks on North Korea and Taiwan, while South Korean President Lee Jae Myung received a briefing on the outcomes.
Roh Si-hwan hit a grand slam and drove in five runs as the Hanwha Eagles defeated the Kiwoom Heroes 11-5 on Tuesday, extending their winning streak to three games. Roh, who was demoted to the minors in April after a slow start, has been on a hot streak in May, batting .364 with six home runs and 15 RBIs.
Choi Jeong of the SSG Landers hit his 10th home run of the season, extending his KBO record to 21 straight seasons with double-digit homers. Meanwhile, teammate Park Seong-han won the KBO Player of the Month award for March-April, powered by a record-breaking 22-game hitting streak to start the season.