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Finance

Pressure mounts for governance overhaul as financial holdings brace for AGM season

Major South Korean financial holding companies are on edge ahead of regular annual general meetings this month as financial authorities press for governance overhauls, including improved CEO reappointment procedures and stronger board independence. Reappointment votes for several chairmen, outside director appointments and articles-of-association changes are on agendas. Shareholder-return plans, including using capital reserves for dividends, will also be voted on. A debate over adopting a shareholder-nominated director system has also emerged.

AI & Enterprise

Cloud collaboration must come first for AEC firms to adopt AI, Dropbox executive says

Dropbox is stepping up its push into the architecture, engineering and construction market, saying firms need to move data from on-premises systems to the cloud before adopting AI. Executives said demand is rising as project data surges, ransomware threats become constant and distributed work expands. Dropbox highlighted block-level storage, peer-to-peer transfers and long file restoration periods as differentiators, and cited examples in New Zealand and South Korea for its AI search tool.

Games & Commerce

Korean game companies near annual meetings opt for stability by renewing management

Major South Korean game companies will begin their annual shareholder meeting season late this month, with Krafton, Nexon, Netmarble, Kakao Games and NHN placing proposals to reappoint chief executives and internal directors. The moves reflect a preference for organisational stability and business continuity amid economic uncertainty and long development cycles. Nexon, Netmarble, NHN and Neowiz cite record results, while Krafton and Kakao Games face scrutiny amid weak shares or losses.