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Politics
President Lee names six ministerial nominees, taps Lee Hae-min as senior AI aide
President Lee Jae-myung nominated candidates for six ministerial posts, including deputy prime minister for the economy, land and transport, SMEs and startups, defence, justice and gender equality and family, his chief of staff said. He also appointed Lee Hae-min as senior secretary for AI future planning, named Ha Jung-woo as vice chair of the National AI Strategy Committee, and named Kim Kyung-soo as special political adviser.
Telecommunications & Media
91 percent of areas with poor telecom quality improved; 8 subway sections still fall short
South Korea's Ministry of Science and ICT and the National Information Society Agency said 79 of 87 areas and facilities found to have poor telecom service in a 2025 quality assessment have improved after a recheck. The improvement rate was 91 percent. All 30 indoor sites improved. In subways, 5G improved in 12 of 13 sections, while LTE improved in 37 of 44 sections, leaving 8 subway sections still below standards.
Industry
Post office to give vouchers for returning coffee capsules in mailboxes
Korea Post is teaming up with Nespresso to expand collection of used coffee capsules, offering Post Office Shopping vouchers to customers who return capsules at post offices or eco mailboxes. The campaign runs from Aug. 31 to November and includes QR code verification and Instagram-based entries. Winners will receive 10,000 won or 20,000 won vouchers. Korea Post is also expanding resource circulation collection for other items nationwide.
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AI & Enterprise
KT to work with Seoul National University, KAIST on core AI technologies for service use
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Telecommunications & Media
LG Uplus steps up overseas membership benefits, ties up with global telcos
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AI & Enterprise
Shinhan Financial revises criteria for appointing independent directors, strengthens AI internal controls
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Finance
Hana Financial Group's SMART student ambassadors total 1,110 graduates as 20th cohort ends
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AI & Enterprise
B2B SaaS market sees headless emerge as major variable after SaaS apocalypse fears ease
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Games & Commerce
Korean game makers rewrite global playbook, moving beyond 'test in Korea then go overseas'
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Finance
KOSPI set to try again for 7,000: what could move the market
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AI & Enterprise
Microsoft releases Agent Lightning v1.0 agent reinforcement learning framework
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AI & Enterprise
AI investigation into AI hacking sided with attackers
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AI & Enterprise
OpenAI ends ties with Cursor, stops supplying AI models
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AI & Enterprise
U.S. Commerce Department moves to block China AI firms from remote access to advanced chips
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AI & Enterprise
Russian-speaking hackers use SpaceX 'Cursor' AI agent to hack 7 companies
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AI & Enterprise
Microsoft delays Teams Facilitator Q&A feature to November
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AI & Enterprise
Stripe, Advent scrap $53 billion PayPal takeover plan
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AI & Enterprise
Cohere unveils Parse 5 document-parsing AI focused on cost performance