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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

Hana Bank opens Philippines Subic representative office to expand Southeast Asia network

Hana Bank has opened a new business base in the Subic Bay Freeport Zone in the Philippines as it steps up its push into Southeast Asia. The bank said it opened the Philippines Subic representative office on June 5 local time to strengthen its regional sales network. Officials from the South Korean embassy, KOTRA, HD Hyundai Heavy Industries’ Philippine unit and the Subic Bay Metropolitan Authority attended the opening ceremony.

Finance

SpaceX IPO nears; will Korean stocks weather semiconductor volatility

A sharp drop in U.S. semiconductor shares and supply-demand shifts ahead of a SpaceX listing have emerged as key factors for South Korean stocks this week. The KOSPI remains near record highs, but heavy concentration in chips and fatigue after a rapid rise have increased the risk of bigger swings. Investors are watching U.S. inflation data on June 10 and 11 and the SpaceX listing expected on June 12, alongside foreign selling and sector rotation.