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Finance
Iran-led oil shock sends KOSPI tumbling; watch oil price direction
South Korea's KOSPI plunged as worries spread that a sharp rise in oil prices sparked by the Iran situation could reignite U.S. inflation. The index fell 5.97 percent and a circuit breaker was triggered for the second time this month, the first such two-time activation within a month since March 2020. Oil prices jumped above $100 a barrel for WTI and above $116 for Brent and WTI. Analysts warned of heightened stagflation fears and foreign selling.
AI & Enterprise
National AI strategy panel discusses securing AI talent with parliament, engineering academy
South Korea's National AI Strategy Committee said its standing vice chair met National Assembly Speaker Woo Won-shik and Korean Academy of Engineering President Yoon Eui-joon to discuss strategies to secure and nurture AI talent. Participants reviewed domestic and international trends and government policy and shared cooperation needs with parliament. They agreed the issue is a national task requiring a nationwide response system. The vice chair called for more flexible talent recognition and stronger foundations for research, startups and industry activity.
People
KAIT appoints Kim Jeong-gi as full-time vice chairman
The Korea Association for ICT Promotion (KAIT) said on March 9 that Kim Jeong-gi, a former director-general at the Ministry of Science and ICT, has officially taken office as its 11th full-time vice chairman. Kim earned degrees from Seoul National University and a PhD in computer engineering from Virginia Tech. He previously served in a range of government roles, including policy posts and regional postal administration.
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Finance
KOSPI slumps nearly 6 percent to 5,250 level; KOSDAQ down 4.5 percent
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Finance
FSS sets out bank supervision focus, says crisis can be an opportunity
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AI & Enterprise
Fact check finds GPT-5.3 Instant still shows overly emotional reactions
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Telecommunications & Media
Apple Watch needs no costly upgrade: best value accessories
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Industry
Samsung to hold first-half open recruitment drive, 18 units to take part
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Games & Commerce
DreamAge's Alkeron lead Rob Pardo to deliver GDC 2026 keynote
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Crypto
Bitcoin enters deep bear market, could fall another 30 percent this year following four-year cycle
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Telecommunications & Media
Can a 40,000-won ultra-low-cost smartphone work? Manufacturers say costs are hard to bear
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Telecommunications & Media
Five ways Apple's M6 MacBook Pro could bring the biggest change in Mac history
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Telecommunications & Media
KT to terminate phone lines unused for over 3 years, citing voice phishing prevention
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Industry
Roadsystem, Korea Medical Tourism Promotion Association sign MOU on platform for foreign medical tourists
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Finance
NH special audit finds multiple misconduct cases; government refers 14 for investigation
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AI & Enterprise
MSIT to support localisation of AI CCTV core SoC semiconductor chips
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People
Samsung Electronics' Choi Jeong-min, Hanmi Pharmaceutical's Lim Ho-taek win March Korea Engineer Award
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Finance
Korea Investment & Financial Services Association chief Hwang makes global sales push on first overseas trip