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Finance
Banks roll out livelihood accounts to block seizures, protect 2.5 million won
South Korea's banking sector is rolling out dedicated livelihood accounts designed to protect minimum living funds from seizure and provisional seizure. The protected limit rises to 2.5 million won a month from 1.85 million won under a revised enforcement decree of the Civil Execution Act. Major commercial banks introduced products with fee waivers and online sign-ups, while a savings bank launched a demand deposit account offering protection and interest benefits.
AI & Enterprise
PIPC launches AI privacy public-private consultative body
South Korea's Personal Information Protection Commission said on Monday it launched a public-private policy consultative body on AI privacy and held its first plenary meeting. The consultative body, with 37 experts from academia and industry, will advance the regulatory framework for new AI technologies. It will run three subcommittees and plans to set standards for agent AI personal data processing by June and revise a risk management model in December.
People
MSIT awards first special achievement bonuses to spread culture of innovation
South Korea's Ministry of Science and ICT launched a special achievement bonus programme and held its first awards ceremony on Feb. 2, selecting 4 recipients. It chose Lee Hyun-woo and Jang Gi-cheol at the ministry headquarters, and Jeon Seung-hoon and Kim Mi-young at the postal service, after evaluations involving internal and private-sector members. The ministry awarded bonuses for contributions to building a domestic AI ecosystem and for restoring postal and postal finance services after a fire.
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Crypto
Bithumb former chief gets suspended prison term on appeal over alleged listing kickbacks
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Mobility
EV battery life worries ease as data shows limited degradation after long use
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Finance
KOSPI slumps more than 5 percent, drops below 5,000 after four days
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Finance
Hana Bank to provide 375 billion won in financial support for Seoul small merchants
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Telecommunications & Media
Apple weighs flip-style foldable and eyes foldable iPad
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Games & Commerce
Naver to resume news partnership evaluations after 2 years 8 months, new outlets seen joining this year
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Industry
Ant Group steps up push to popularise AI robots from lab to field
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Crypto
Epstein unreleased email claim of contact with Bitcoin founders stirs controversy
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Games & Commerce
GRAC overhauls organisation to boost user protection and post-management
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Games & Commerce
Nexon CEO Kang Dae-hyun takes over Maple unit to handle 'Maple Raising' fallout
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Games & Commerce
Krafton unveils Ministry of Culture-led Today Traditional Collaboration collection, launches PUBG goods
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Games & Commerce
Naver union seeks court injunction to access board minutes, shareholder register
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Industry
Samsung SDI posts 299.2 billion won Q4 operating loss, halves deficit
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Industry
MSIT to hold 2026 R&D briefing for research industry sector
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Finance
KOSPI triggers first sell sidecar of 2026 as it breaks below 5,000