Korea Joongang Daily
Korea JoongAng Daily

Veterans minister calls for sanctions against Starbucks Korea over botched marketing campaign

Veterans Minister Kwon Oh-eul said Friday he believes Starbucks Korea should face sanctions over the recent controversial marketing campaign associated with the May 18 Gwangju Democratization Movement.

2026-05-29

Even Sonny's impressed as Hyundai's Atlas robot shows off trick 'Ghost Rabona' in football-themed campaign

Hyundai Motor's humanoid robot Atlas has learned to play football well enough to score with an elaborate trick shot, capping a video campaign the carmaker is using to showcase its robotics technology ahead of the 2026 FIFA World Cup.

2026-05-29

The 'Tank Day' debacle cost Starbucks Korea big time. Who gained?

Starbucks Korea's local competitors recorded measurable gains in the two weeks following the company's botched "Tank Day" marketing campaign as the coffee chain lost sales and app traffic.

2026-05-29

Kospi reaches all-time high driven by strong AI shares, renewed cease-fire optimism in Iran

Shares rebounded to a fresh all-time high on Friday, driven by strong gains in AI-related shares and renewed optimism about a potential cease-fire in Iran.

2026-05-29

Industry minister urges reinvestment of corporate profits amid contrasting views from labor minister

Industry Minister Kim Jung-kwan said productive reinvestment should take priority in the use of corporate profits, a stance at odds with that of Labor Minister Kim Young-hoon, who called for the social redistribution of excess corporate earnings.

2026-05-29

SK Group chairman says most valuable people in AI era will be those who connect humans and technology

SK Group Chairman Chey Tae-won said that the most valuable type of person in the age of AI will be generalists who can connect humans and AI, not specialists with deep expertise in a single domain.

2026-05-29

Jensen Huang expected to visit Korea, raising hopes for investments, partnerships amid competition from Taiwan

Nvidia CEO Jensen Huang is expected to visit Korea next week, drawing attention to potential investment and partnership opportunities as Korea’s semiconductor industry faces mounting competition from China and Taiwan.

2026-05-29

Samsung, SK hynix back Anthropic in $65B round, paving way for chip deal

Samsung and SK hynix participated in Anthropic's $65 billion funding round, paving the way for potential chip deals. Anthropic's valuation rose to $965 billion as it partnered with leading memory suppliers.

2026-05-29

Foreign currency deposits rebound in April to snap three-month decline

Foreign currency deposits in Korea rebounded in April to snap a three-month decline, central bank data showed on Friday.

2026-05-29

Gov't announces measures to strengthen private sector cybersecurity response systems

The government announced on Friday a series of measures to strengthen its private sector cybersecurity response systems.

2026-05-29