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People
Six named as June Korea Engineer Award winners including Han Sang-ho and Bang Jae-ung
South Korea\'s Ministry of Science and ICT and the Korea Industrial Technology Association selected 6 people as June 2026 winners of the Korea Engineer Award. The recipients span large companies, small and midsized firms, women and a young engineer category. The award recognises engineers who contributed significantly to technology sites and grants a deputy prime minister’s award and 5 million won in prize money. The ministry plans to expand award categories from the second half of this year.
Finance
KB Kookmin Bank, KODIT to support firms hit by Middle East war with 230 billion won inclusive finance
KB Kookmin Bank will support small and medium-sized companies struggling due to the Middle East war and the effects of high oil prices and a weak won. The bank said it signed an agreement with the Korea Technology Finance Corp to provide inclusive financial support to help firms overcome the crisis. KB Kookmin Bank plans a 5 billion won contribution and about 230 billion won in guarantee-backed loans, with preferential guarantee ratios and fee support for eligible companies.
Crypto
Bitcoin holds above $81,000 but Middle East risk rattles crypto market
Bitcoin is holding above $81,000, but the broader crypto market is being driven more by Middle East geopolitical risk than by fundamentals. Investor caution rose after Iran rejected a peace plan under the Trump administration and Brent crude briefly topped $104 a barrel. Bitcoin climbed above $82,000 intraday and kept a monthly gain of more than 11 percent, but uncertainty around the Strait of Hormuz weighed on sentiment.
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Crypto
Bitcoin hovers around $81,000 as Trump Iran comments, U.S. CPI keep markets on edge
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Finance
May stock market outlook: Earnings, jobs and oil prices set direction
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Economy
Naphtha up 68 percent, ethylene up 61 percent as March producer prices post biggest rise in 4 years
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Crypto
Bitcoin rebound spreads risk appetite, oil remains a factor
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Finance
Oil and forex risks mount as South Korea steps up internet bank IT controls
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Finance
High oil prices, weak won and rising prices put Bank of Korea monetary policy at crossroads
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Industry
POSCO Future M to develop methane gas-based natural graphite anode material
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Industry
Samsung Electronics tops global commercial display market for 17th straight year
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Industry
Oil prices top $100 again in intraday trade after three days
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Industry
Oil price surge signs as Hormuz Strait closure looms, South Korea industry on alert
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Industry
South Korea February exports hit record high, led by semiconductors for nine straight months
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Industry
HD Hyundai, Lotte Daesan integration approved, government to provide 2.1 trillion won support
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Industry
South Korea fines CJ CheilJedang, Samyang and Daehan 408.3 billion won for sugar price collusion
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AI & Enterprise
Book urges readers to disassemble, connect and dominate like Palantir, revealing ontology
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Economy
South Korea posts record $123.1 billion current account surplus in 2025 on strong exports