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Finance
BOK holds base rate at 2.50 percent, raises growth forecast to 2.6 percent amid Middle East risks
The Bank of Korea's Monetary Policy Board kept the base rate unchanged at 2.50 percent, citing heightened inflation pressure from the fallout of the war in the Middle East but noting high uncertainty. The board raised its 2026 growth forecast to 2.6 percent from 2.0 percent on strong semiconductor-led exports, expanding investment and solid consumption. It projected consumer inflation at 2.7 percent and core inflation at 2.4 percent.
Crypto
Bitcoin Japan aims for SpaceX stake, formalises AI infrastructure investment business
Bitcoin Japan is investing about 2 billion yen in a private fund designed to gain indirect exposure to SpaceX shares through its U.S. unit, BTCJPN US LLC. The company said the move formalises AI infrastructure investment as a new growth strategy. The structure could deliver 20,160 SpaceX shares in kind if SpaceX proceeds with an IPO. Bitcoin Japan also detailed funding sources, currency conversion steps, due diligence and target return assumptions, while noting fees and IPO-related risks.
Telecommunications & Media
Privacy watchdog recommends improving face authentication for mobile phone activation
South Korea's Personal Information Protection Commission recommended that the Ministry of Science and ICT improve its face authentication scheme used when activating mobile phone service. The commission said it found insufficient review of privacy safeguards for handling biometric facial data, which is treated as sensitive information under the privacy law. It pointed to unclear legal grounds, limited ability to refuse consent, and a need to minimise data processed by contractors' systems.
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AI & Enterprise
Japan digital minister reveals use of closed-network AI Gennai for Diet answers
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AI & Enterprise
Koreans' generative AI usage rate at 39%, average daily use 49 minutes
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Industry
Testo Korea highlights compact vane anemometer for indoor ventilation checks
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AI & Enterprise
Minish Technology raises 30 billion won from VIG Partners at 150 billion won valuation
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AI & Enterprise
MegazoneCloud selected to run 2026 AI Champion competition
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AI & Enterprise
Kolon Benit says AI alliance membership tops 100 companies
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Telecommunications & Media
Xreal unveils entry-level AR glasses a01
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Games & Commerce
Valve raises Steam Deck OLED prices by up to $300 amid memory supply shock
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Crypto
Shiba Inu early investment case resurfaces after 90 percent drop from 2021 peak
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Games & Commerce
UK weighs curbing addictive social media features rather than total ban for under-16s
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Crypto
XRP's pivotal level at $1.65; $1.10 and $0.87 mentioned if breakout fails
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Telecommunications & Media
Apple raises trade-in values for latest iPhone and iPad models
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AI & Enterprise
New SSD-based web tracking technique can infer activity after single site visit
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Games & Commerce
Blomics launches Fortress3 Blue on PC and mobile with cross-platform support
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Games & Commerce
Naver to invest 1 trillion won over 5 years in AI content ecosystem