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Finance
Won-dollar exchange rate nears 1,540; BOK governor nominee says no major concern
The won weakened in Seoul trading on March 31, with the won-dollar exchange rate at 1,535.7 per dollar as of 2 p.m., up 20.0 won from the previous day’s daytime close. The rate climbed to 1,536.5 around 1:49 p.m., its highest level since March 10, 2009. The dollar index edged down to 100.432. Shin Hyun-song (신현송), the Bank of Korea governor nominee, said he placed no great significance on the current level.
AI & Enterprise
KISA launches ransomware lifecycle response task force
The Korea Internet & Security Agency (KISA) said on Monday it has launched a "ransomware lifecycle response task force" to respond systematically to increasingly sophisticated ransomware attacks. The move follows the creation of a ransomware response team through a previous organisational reshuffle. The task force brings together experts in areas including analysis, investigation, cryptography, artificial intelligence, detection and forensics. It plans to identify key tasks for each response stage over the next 6 months and build an integrated response system.
AI & Enterprise
South Korea sees 2026 public-sector IT project demand at 6.47 trillion won, up 4.2 percent
South Korea's Ministry of Science and ICT forecast 2026 demand for public-sector software, ICT equipment and information security projects at 6.47 trillion won, up 4.2 percent from a year earlier. The number of projects is seen rising 5.6 percent to 16,274. Software build projects account for 76.7 percent of spending, while ICT equipment represents 16.7 percent. The ministry said information security-related demand will climb 22.5 percent to 973.3 billion won.
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Industry
South Korea identifies 3 national strategic technologies in display, secondary batteries and quantum
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Telecommunications & Media
KT CEO Park Yoon-young vows to build 'AX platform company' and step up security investment
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Crypto
XRP 1,000-token 'life-changing' claims face market-cap reality check
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AI & Enterprise
Medical, bio AI models prove global competitiveness, move to phase two development
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AI & Enterprise
South Koreans' generative AI use rises to 44.5 percent, up 11.2 points on year
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AI & Enterprise
MSIT publishes casebook for AI Basic Act help desk
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World
Singapore ranked most vulnerable among 75 countries if global energy supplies cut
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Crypto
Ruling, opposition lawmakers step up pressure on FSC over delay in government's digital assets bill
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Industry
China analog chipmakers raise prices as broader semiconductor price hikes spread
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Crypto
Over 40 percent of altcoins near all-time lows as current downturn proves harsher than past bear markets
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Telecommunications & Media
KT appoints Park Yoon-young as new CEO at shareholders meeting, dividend set at 600 won
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Crypto
Bithumb confirms Lee Jae-won second term as CEO; IPO after 2028, dividends for board discussion
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Games & Commerce
Mgame signs 'Ghost Online M' publishing deal with Vietnam's VTC Mobile
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Finance
Shinhan Bank to provide healthcare services to new pension recipients
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Games & Commerce
Kakao runs 'Text Hip' promo of emoticons based on literary works