
Yongsan-gu Completes Food Poisoning Prevention Tour for Senior Centers
Seoul's Yongsan-gu completed its 2026 food poisoning prevention tour across 16 hub senior centers, teaching key hygiene rules to ensure safe summer meals for seniors.

Seoul's Yongsan-gu completed its 2026 food poisoning prevention tour across 16 hub senior centers, teaching key hygiene rules to ensure safe summer meals for seniors.

Seoul's Geumcheon-gu has opened a 2,000-square-meter sunflower field on the Anyangcheon stream, part of its Rural-Themed Scenic Trail project, viewable through the end of this month.

Seoul's Gwanak-gu launches free outreach climate crisis education from July to October at the restored Byeolbit Stream, offering generation-tailored programs for children to adults.

How Korea's K-culture market vision grew from a 300 trillion won campaign pledge to a 400 trillion won goal by 2030, now including content, arts, tourism, food, beauty, and fashion.

U.S. President Trump warned he would strike again if Iran fails to stop its proxy forces in Lebanon.

Dongtan New Town's apartment market is surging on expectations of large Samsung Electronics chip bonuses, with prices jumping hundreds of millions of won and contract cancellations spiking 74%.

※[Global Morning Briefing] summarizes global news delivered by Seoul Economic Daily. **$300 Billion vs. Hormuz Blockade: US-Iran 'Money War' Begins** The United States and Iran began their first working-level talks in Switzerland just three days after signing a ceasefire memorandum of understanding. As Israel's airstrikes on Lebanon continued, Iran again declared a blockade of the Strait of Hormuz, abruptly shifting the negotiation agenda toward the Lebanon ceasefire. According to foreign media reports on Saturday, delegations led by US Vice President J.D. Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf began talks at the Bürgenstock Resort in Switzerland. Delegations from Pakistan and Qatar are also participating as mediators, with separate meetings scheduled in the morning and four-party talks in the afternoon. Before departing, Vance said, "I hope to stay for a day or two and make progress on Iran's nuclear issue and the Lebanon ceasefire." The Central Military Headquarters of Iran's armed forces announced the previous day that it would close the Strait of Hormuz to shipping traffic, saying Israel had repeatedly violated the agreement in Lebanon. While the ceasefire document explicitly stipulates an immediate halt to military operations on all fronts, including Lebanon, Israel continued its airstrikes, saying they were a response to a preemptive attack by Hezbollah. Iran again set the implementation of a ceasefire on all fronts as a precondition for a final agreement in these follow-up talks. Iran plans to demand the normalization of oil exports, the release of frozen assets, and support for a reconstruction fund of up to $300 billion. Its negotiating team includes Central Bank Governor Abdolnaser Hemmati and Oil Ministry Deputy Hamid Bord. Iranian President Masoud Pezeshkian said Iran has no intention of developing nuclear weapons but will not give up its right to enrich uranium. US President Donald Trump again warned that if an agreement is not finalized, he would charge Middle Eastern countries protection costs. **65% of Korean CEOs Say They Already Have a CAIO; Era of All-Staff AI Begins in Earnest** As the era of AI assistants, or AI agents, begins in earnest, the chief AI officer (CAIO)—who spreads AI across the entire organization and links it to results—is drawing attention. The CAIO is a position that leads not only developers but all employees to skillfully use AI, and global companies are creating it one after another. Toby Walsh, chief scientist at the AI Institute of the University of New South Wales in Australia, described the CAIO in an interview with Seoul Economic Daily on Saturday as a kind of interpreter connecting the technology department and the business department. An analysis of 21 CAIOs at companies in the Dow Jones, S&P 500, and Nasdaq 100 found that those with startup experience and Google DeepMind backgrounds stood out. DeepMind alumni Mustafa Suleyman and Karen Simonyan co-founded Inflection AI before moving to Microsoft's AI division, and Meta brought in founder Alexandr Wang as its first CAIO along with its acquisition of Scale AI. Conor Grennan, CEO of AI Mindset, said the CAIO's role is to redesign employees' way of thinking about their work. Seth Dobrin, CEO of Aria Labs, also said that during his time as IBM's first CAIO, he found an imbalance in AI capabilities within the organization, explaining that the know-how of high-performing units must be shared company-wide. In a survey by IBM Korea, all 40 CEOs of Korean companies agreed on the importance of the CAIO, and 65% were found to already have the position. However, while executive recruitment is increasing, hiring of new employees is decreasing, raising concerns that future AI oversight personnel could run dry. In an Oliver Wyman survey, the share of global CEOs saying they would reduce new hires within one to two years rose from 17% last year to 43% this year. **Three Weeks After China's Challenge: Why Amazon Set Its First 'Quantum D-Day'** Amazon countered three weeks after China announced the world's first implementation of quantum random access memory (QRAM), specifically presenting a timeline for the commercialization of commercial quantum computers. The competition between the US and China over next-generation core technologies appears to be heating up further. According to CNBC on Friday, Peter DeSantis, Amazon's chief artificial intelligence officer and senior vice president, said that small quantum computers capable of full commercial use will emerge within the next five to seven years. This is the first time Amazon has specifically presented a timeline for the emergence of commercial quantum computers. DeSantis predicted that quantum computing will grow like the semiconductor industry, with performance increasing each year at a pace similar to Moore's Law. Quantum computers use qubits, which represent not only 0 and 1 but also intermediate states, to quickly calculate in parallel problems that conventional computers cannot solve. Big tech firms including Microsoft, Google, and IBM, as well as startups, are competing fiercely over this market. Google forecast practical use within five years, and Microsoft by 2029. By contrast, Nvidia CEO Jensen Huang predicted it would take at least 15 years until commercialization. China is catching up through government-led concentrated investment. The University of Science and Technology of China has secured its superconducting Zuchongzhi series, compared to Google's Sycamore, and is assessed to have reached world-class levels in areas such as the satellite-based quantum communication Micius. The startup Origin Quantum is also showcasing its technological prowess, following its superconducting quantum computer with its own brand system, Wukong. **Trump: 'Anthropic Responded Responsibly'; Mythos Suspension Crisis Enters De-Escalation Phase** With US President Donald Trump showing a favorable attitude toward Anthropic, attention is focused on whether the suspension of operations of its latest model, "Mythos," will be resolved. In an Axios interview released on Wednesday, Trump, when asked whether Anthropic and CEO Dario Amodei pose a threat to national security, answered, "Not now, but a week ago they might have." Anthropic released Claude Fable 5 and Claude Mythos 5 on the 9th of this month, but suspended their operations three days later in compliance with a US Commerce Department demand to block use by foreigners. This was because concerns were raised that the two models allowed jailbreaks bypassing safety mechanisms, which could threaten security if they fell into the hands of hostile nations. Trump positively assessed Anthropic's subsequent response, saying it "acted very responsibly and quickly." He also described Amodei, whom he met at the Group of Seven summit held in France on the 17th, as "kind and smart." That meeting drew attention as it took place right after Amodei visited the White House to resolve the model suspension crisis, and Trump explained that consultations with Anthropic were proceeding smoothly during the G7 period. Asked about the possibility of a full shutdown of Anthropic, he answered, "It's possible, but I'm not sure we need to go that far. We are ahead in the AI competition with China." Anthropic said, "We are grateful to the government for cooperating to resolve the issue as quickly as possible," and pledged to continue cooperating to protect critical infrastructure and maintain US leadership in AI....

Although international crude oil prices have fallen 30% over the past month as the US-Iran war enters a ceasefire phase, domestic gas station fuel prices in Korea still exceed 2,000 won. The phenomenon appears to stem from an approximately one-month time lag before lower international crude prices are reflected in domestic product prices, compounded by gas stations still selling inventory secured during the war. The fact that shipping rates remain at high levels, as the United States and Iran continue their friction even after signing a ceasefire memorandum of understanding (MOU), has also had an impact. According to Opinet, the oil price information system run by the Korea National Oil Corporation, on Saturday, the price of Dubai crude—which had soared to $169.75 per barrel during the war—calmed to $73.61 on June 19. Compared with the price a month earlier (May 20) of $106.6 per barrel, this represents a 30.9% decline. Considering that the price of Dubai crude stood at $71.24 per barrel just before the US-Iran war broke out, assessments suggest that international crude prices have effectively returned to pre-war levels. Nevertheless, gasoline and diesel selling prices at domestic gas stations have essentially remained stagnant. According to Opinet, the nationwide average selling price per liter at gas stations on June 20 was 2,008.71 won for gasoline and 2,003.39 won for diesel. After peaking on May 11 at 2,011.9 won per liter for gasoline and 2,006.41 won for diesel, prices have steadily declined slightly, but over a period of more than a month, the drops amounted to only 3.19 won for gasoline and 3.02 won for diesel. Because the maximum price system has capped gas stations' wholesale prices, prices did not rise sharply, but in return, volatility has also decreased when prices fall. The fact that there is a considerable time lag before actual international crude price declines are reflected in domestic petroleum product consumer prices has also had an effect. According to the industry, it takes about one week for international crude prices to be reflected in refiners' supply prices. An additional one to two weeks are needed before international crude prices are reflected in the prices delivered to gas stations after passing through the production process. Even then, the fluctuation is somewhat diluted by the price of existing inventory. Persistently high logistics costs are also hindering the stabilization of domestic petroleum product prices. According to the Baltic Exchange, the tanker freight index (WS) recorded 439.1 on June 17, based on a very large crude carrier (VLCC) on the Middle East–China route. This is 9.2% higher than the level on June 10 (402.2) before the ceasefire agreement, and roughly double the level on February 27 (224.7) just before the war broke out. This is interpreted as resulting from discord exposed during detailed negotiations between the United States and Iran, as well as the suggested possibility of fees being imposed in the Strait of Hormuz....

North Jeolla Special Self-Governing Province plans to build a long-distance pipeline so that hydrogen produced by Hyundai Motor Group at the Saemangeum national industrial complex can be used in neighboring areas. The move aligns the interests of Hyundai Motor (005380.KS), which needs a hydrogen distribution network, and local governments seeking to expand investment in the region. As the cooperation model between the company and the region takes shape, Hyundai Motor's "local production for local consumption" hydrogen city project is also expected to gain momentum. According to industry sources Tuesday, North Jeolla Special Self-Governing Province this month held discussions with Gunsan City, Gimje City, and Korea Gas Technology Corporation on building a "pipeline network" to supply hydrogen that Hyundai Motor Group will produce at the Saemangeum national industrial complex to neighboring areas. The local governments decided to review a plan to build a pipeline network totaling 37.2 kilometers in length, connecting the Saemangeum national industrial complex with adjacent areas. The project is planned to proceed largely in two phases. Specifically, the discussions involve building the supply network in segments: the Saemangeum national industrial complex to the Gunsan-Gimje waterfront city (29.8 km), and the Saemangeum national industrial complex to Gunsan Port (7.4 km). The project is expected to cost more than 160 billion won, with completion slated for 2029. The project was reportedly pursued after Hyundai Motor requested infrastructure support from the local governments. Hyundai Motor is pursuing a "local production for local consumption AI hydrogen city project" in Saemangeum, which centers on consuming locally produced hydrogen within the region to raise the level of energy self-sufficiency....
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※[Global Morning Briefing] summarizes global news delivered by Seoul Economic Daily. **$300 Billion vs. Hormuz Blockade: US-Iran 'Money War' Begins** The United States and Iran began their first working-level talks in Switzerland just three days after signing a ceasefire memorandum of understanding. As Israel's airstrikes on Lebanon continued, Iran again declared a blockade of the Strait of Hormuz, abruptly shifting the negotiation agenda toward the Lebanon ceasefire. According to foreign media reports on Saturday, delegations led by US Vice President J.D. Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf began talks at the Bürgenstock Resort in Switzerland. Delegations from Pakistan and Qatar are also participating as mediators, with separate meetings scheduled in the morning and four-party talks in the afternoon. Before departing, Vance said, "I hope to stay for a day or two and make progress on Iran's nuclear issue and the Lebanon ceasefire." The Central Military Headquarters of Iran's armed forces announced the previous day that it would close the Strait of Hormuz to shipping traffic, saying Israel had repeatedly violated the agreement in Lebanon. While the ceasefire document explicitly stipulates an immediate halt to military operations on all fronts, including Lebanon, Israel continued its airstrikes, saying they were a response to a preemptive attack by Hezbollah. Iran again set the implementation of a ceasefire on all fronts as a precondition for a final agreement in these follow-up talks. Iran plans to demand the normalization of oil exports, the release of frozen assets, and support for a reconstruction fund of up to $300 billion. Its negotiating team includes Central Bank Governor Abdolnaser Hemmati and Oil Ministry Deputy Hamid Bord. Iranian President Masoud Pezeshkian said Iran has no intention of developing nuclear weapons but will not give up its right to enrich uranium. US President Donald Trump again warned that if an agreement is not finalized, he would charge Middle Eastern countries protection costs. **65% of Korean CEOs Say They Already Have a CAIO; Era of All-Staff AI Begins in Earnest** As the era of AI assistants, or AI agents, begins in earnest, the chief AI officer (CAIO)—who spreads AI across the entire organization and links it to results—is drawing attention. The CAIO is a position that leads not only developers but all employees to skillfully use AI, and global companies are creating it one after another. Toby Walsh, chief scientist at the AI Institute of the University of New South Wales in Australia, described the CAIO in an interview with Seoul Economic Daily on Saturday as a kind of interpreter connecting the technology department and the business department. An analysis of 21 CAIOs at companies in the Dow Jones, S&P 500, and Nasdaq 100 found that those with startup experience and Google DeepMind backgrounds stood out. DeepMind alumni Mustafa Suleyman and Karen Simonyan co-founded Inflection AI before moving to Microsoft's AI division, and Meta brought in founder Alexandr Wang as its first CAIO along with its acquisition of Scale AI. Conor Grennan, CEO of AI Mindset, said the CAIO's role is to redesign employees' way of thinking about their work. Seth Dobrin, CEO of Aria Labs, also said that during his time as IBM's first CAIO, he found an imbalance in AI capabilities within the organization, explaining that the know-how of high-performing units must be shared company-wide. In a survey by IBM Korea, all 40 CEOs of Korean companies agreed on the importance of the CAIO, and 65% were found to already have the position. However, while executive recruitment is increasing, hiring of new employees is decreasing, raising concerns that future AI oversight personnel could run dry. In an Oliver Wyman survey, the share of global CEOs saying they would reduce new hires within one to two years rose from 17% last year to 43% this year. **Three Weeks After China's Challenge: Why Amazon Set Its First 'Quantum D-Day'** Amazon countered three weeks after China announced the world's first implementation of quantum random access memory (QRAM), specifically presenting a timeline for the commercialization of commercial quantum computers. The competition between the US and China over next-generation core technologies appears to be heating up further. According to CNBC on Friday, Peter DeSantis, Amazon's chief artificial intelligence officer and senior vice president, said that small quantum computers capable of full commercial use will emerge within the next five to seven years. This is the first time Amazon has specifically presented a timeline for the emergence of commercial quantum computers. DeSantis predicted that quantum computing will grow like the semiconductor industry, with performance increasing each year at a pace similar to Moore's Law. Quantum computers use qubits, which represent not only 0 and 1 but also intermediate states, to quickly calculate in parallel problems that conventional computers cannot solve. Big tech firms including Microsoft, Google, and IBM, as well as startups, are competing fiercely over this market. Google forecast practical use within five years, and Microsoft by 2029. By contrast, Nvidia CEO Jensen Huang predicted it would take at least 15 years until commercialization. China is catching up through government-led concentrated investment. The University of Science and Technology of China has secured its superconducting Zuchongzhi series, compared to Google's Sycamore, and is assessed to have reached world-class levels in areas such as the satellite-based quantum communication Micius. The startup Origin Quantum is also showcasing its technological prowess, following its superconducting quantum computer with its own brand system, Wukong. **Trump: 'Anthropic Responded Responsibly'; Mythos Suspension Crisis Enters De-Escalation Phase** With US President Donald Trump showing a favorable attitude toward Anthropic, attention is focused on whether the suspension of operations of its latest model, "Mythos," will be resolved. In an Axios interview released on Wednesday, Trump, when asked whether Anthropic and CEO Dario Amodei pose a threat to national security, answered, "Not now, but a week ago they might have." Anthropic released Claude Fable 5 and Claude Mythos 5 on the 9th of this month, but suspended their operations three days later in compliance with a US Commerce Department demand to block use by foreigners. This was because concerns were raised that the two models allowed jailbreaks bypassing safety mechanisms, which could threaten security if they fell into the hands of hostile nations. Trump positively assessed Anthropic's subsequent response, saying it "acted very responsibly and quickly." He also described Amodei, whom he met at the Group of Seven summit held in France on the 17th, as "kind and smart." That meeting drew attention as it took place right after Amodei visited the White House to resolve the model suspension crisis, and Trump explained that consultations with Anthropic were proceeding smoothly during the G7 period. Asked about the possibility of a full shutdown of Anthropic, he answered, "It's possible, but I'm not sure we need to go that far. We are ahead in the AI competition with China." Anthropic said, "We are grateful to the government for cooperating to resolve the issue as quickly as possible," and pledged to continue cooperating to protect critical infrastructure and maintain US leadership in AI....

Although international crude oil prices have fallen 30% over the past month as the US-Iran war enters a ceasefire phase, domestic gas station fuel prices in Korea still exceed 2,000 won. The phenomenon appears to stem from an approximately one-month time lag before lower international crude prices are reflected in domestic product prices, compounded by gas stations still selling inventory secured during the war. The fact that shipping rates remain at high levels, as the United States and Iran continue their friction even after signing a ceasefire memorandum of understanding (MOU), has also had an impact. According to Opinet, the oil price information system run by the Korea National Oil Corporation, on Saturday, the price of Dubai crude—which had soared to $169.75 per barrel during the war—calmed to $73.61 on June 19. Compared with the price a month earlier (May 20) of $106.6 per barrel, this represents a 30.9% decline. Considering that the price of Dubai crude stood at $71.24 per barrel just before the US-Iran war broke out, assessments suggest that international crude prices have effectively returned to pre-war levels. Nevertheless, gasoline and diesel selling prices at domestic gas stations have essentially remained stagnant. According to Opinet, the nationwide average selling price per liter at gas stations on June 20 was 2,008.71 won for gasoline and 2,003.39 won for diesel. After peaking on May 11 at 2,011.9 won per liter for gasoline and 2,006.41 won for diesel, prices have steadily declined slightly, but over a period of more than a month, the drops amounted to only 3.19 won for gasoline and 3.02 won for diesel. Because the maximum price system has capped gas stations' wholesale prices, prices did not rise sharply, but in return, volatility has also decreased when prices fall. The fact that there is a considerable time lag before actual international crude price declines are reflected in domestic petroleum product consumer prices has also had an effect. According to the industry, it takes about one week for international crude prices to be reflected in refiners' supply prices. An additional one to two weeks are needed before international crude prices are reflected in the prices delivered to gas stations after passing through the production process. Even then, the fluctuation is somewhat diluted by the price of existing inventory. Persistently high logistics costs are also hindering the stabilization of domestic petroleum product prices. According to the Baltic Exchange, the tanker freight index (WS) recorded 439.1 on June 17, based on a very large crude carrier (VLCC) on the Middle East–China route. This is 9.2% higher than the level on June 10 (402.2) before the ceasefire agreement, and roughly double the level on February 27 (224.7) just before the war broke out. This is interpreted as resulting from discord exposed during detailed negotiations between the United States and Iran, as well as the suggested possibility of fees being imposed in the Strait of Hormuz....

North Jeolla Special Self-Governing Province plans to build a long-distance pipeline so that hydrogen produced by Hyundai Motor Group at the Saemangeum national industrial complex can be used in neighboring areas. The move aligns the interests of Hyundai Motor (005380.KS), which needs a hydrogen distribution network, and local governments seeking to expand investment in the region. As the cooperation model between the company and the region takes shape, Hyundai Motor's "local production for local consumption" hydrogen city project is also expected to gain momentum. According to industry sources Tuesday, North Jeolla Special Self-Governing Province this month held discussions with Gunsan City, Gimje City, and Korea Gas Technology Corporation on building a "pipeline network" to supply hydrogen that Hyundai Motor Group will produce at the Saemangeum national industrial complex to neighboring areas. The local governments decided to review a plan to build a pipeline network totaling 37.2 kilometers in length, connecting the Saemangeum national industrial complex with adjacent areas. The project is planned to proceed largely in two phases. Specifically, the discussions involve building the supply network in segments: the Saemangeum national industrial complex to the Gunsan-Gimje waterfront city (29.8 km), and the Saemangeum national industrial complex to Gunsan Port (7.4 km). The project is expected to cost more than 160 billion won, with completion slated for 2029. The project was reportedly pursued after Hyundai Motor requested infrastructure support from the local governments. Hyundai Motor is pursuing a "local production for local consumption AI hydrogen city project" in Saemangeum, which centers on consuming locally produced hydrogen within the region to raise the level of energy self-sufficiency....
Korea's industrial sector is repositioning for the AI infrastructure era across four fronts simultaneously.SK Hynix abolished its four-year degree requirement for new hires on June 17, opening design, R&D, and engineering roles with a June 23 application deadline — citing Chairman Chey Tae-won's "three muscles" framework prioritizing adaptive thinking over credentials. LG Innotek laid out a plan to reach one trillion won in substrate operating profit by 2031, backed by a 1.6 trillion won (approximately 1.1 billion U.S. dollar) investment in FC-BGA capacity at Gumi and Vietnam, targeting a market currently dominated 70 percent by Japanese and Taiwanese firms. LS Electric crossed 1.2 trillion won in North American AI data center contracts in the first half of 2026 alone, surpassing its full prior-year total. Samsung Display showcased 40,000-nit RGB OLEDoS panels at AWE USA 2026, positioning the technology as a cost-competitive entry into the AI glasses market.Sources:• SK Hynix Abolishes Degree Requirement for New Hires Under Chey's AI Era Talent Vision — Seoul Economic Daily, June 17, 2026• LG Innotek Targets 1 Trillion Won Substrate Operating Profit in Five Years, Commits 1.6 Trillion Won to Capacity — Seoul Economic Daily, June 17, 2026• LS Electric Wins $70.43M North American Big-Tech AI Data Center Contract, H1 Total Exceeds Prior Full Year — Seoul Economic Daily, June 17, 2026• Samsung Display Showcases RGB OLEDoS at AWE USA 2026, Targets AI Glasses Market — Seoul Economic Daily, June 17, 2026• Daehan Wire Wins 146.3 Billion Won HVDC Grid Contract for National Power Infrastructure — Seoul Economic Daily, June 17, 2026About AI PRISM:AI PRISM is Seoul Economic Daily's WAN-IFRA award-winning newsroom AI series, delivering Korean economic news adapted for global audiences. Episodes are produced with AI assistance and reviewed by a human editor.Tags:#SKHynix #HBM #FCBGA #LGInnotek #LSElectric #SamsungDisplay #AIInfrastructure #KoreaSemiconductor #AIGlasses #DataCenter #KOSPI #AIPRISM #SeoulEconomicDaily #WANIFRA
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