Semiconductors Boom: SK hynix crossed the $1T valuation mark for the first time as AI memory demand tightens supply, lifting KOSPI to record levels and reinforcing the “memory supercycle” narrative. Central Banking: The Bank of Korea kept the policy rate at 2.5% but signaled a looming hike cycle, citing inflation pressure and property/FX risks. Retail Investors vs. Home Market: Korean retail investors kept piling into US stocks, with US equity holdings topping $200B, outpacing efforts to steer money back via reshoring incentives. Construction Safety: President Lee ordered a sweeping investigation into Seoul’s fatal overpass collapse and a separate GTX reinforcing-bar scandal, focusing on whether cost-cutting culture is behind safety failures. Energy & Oil Markets: South Korea will ease private oil stockpiling rules from 40 to 20 days under an IEA plan tied to its strategic reserve release pledge amid Strait of Hormuz uncertainty. Tech & Content Economy: Naver will invest 1T won over five years to strengthen its creator ecosystem for AI services, launching a creator support program next month. Business Expansion: Five South Korean firms plan a June Cambodia investment mission to explore opportunities, with embassy support lined up for ministry-level meetings. Aviation Consolidation: Korean Air will fully absorb Asiana by Dec 17, ending Asiana’s separate brand.