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Samsung Joins Global Top 10 as South Korea’s KOSPI Hits 8,800 Record

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■Jeong Cheong-rae in Seoul; Jang Dong-hyuk in Cheonan — Final rallies■ A day before the June 3 local elections, the Democratic Party’s senior campaign chair Jeong Cheong-rae held his final rally in Seoul, while People Power Party senior campaign chair Jang Dong-hyuk staged his in Cheonan, South Chungcheong Province. ■Joint on-site inspection at Hanwha Aerospace accident; investigation intensifies■ A joint on-site inspection was conducted today at Hanwha Aerospace’s Daejeon facility after an accident that produced seven casualties. Prosecutors have begun summoning individuals connected to the incident as the investigation intensifies. ■Trump: “I expect an agreement next week to extend the ceasefire and reopen the Strait of Hormuz”■ President Trump said he expects to reach an agreement next week with Iran to extend the ceasefire and to reopen the Strait of Hormuz. ■Lee urges faster pace entering second year; tells prosecutors to apologize if they err■ President Lee Jae-myung urged his administration to accelerate its agenda as he approaches his second year in office. He warned prosecutors not to fall into a “trap of infallibility,” saying they should apologize and reverse actions if they make mistakes. ■KOSPI closes above 8,800 at record high; Samsung enters global top 10 by market cap■ The KOSPI closed above the 8,800 level, marking an all-time closing high. Samsung Electronics has moved into the top 10 globally by market capitalization. Yonhap News TV inquiries and tips: KakaoTalk/LINE jebo23 Kim Kyung-mok (mok@yna.co.kr)

Daniel Kim
content@tenbizt.com

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