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Finance

Shinhan Bank extends rate-cut support for high-interest household loans to 9.8 percent

Shinhan Bank will extend for one year its interest-rate cut support to ease financing costs for customers with high-interest household loans. The bank said the program, launched last year as part of its Help-up & Value-up project, will run from Aug. 26. Eligible customers are those with household loans carrying rates above 9.8 percent as of July 2026 and at least three months remaining to maturity. Rates will be lowered to 9.8 percent without application.

Industry

China AI and chipmakers roll out share incentives to retain talent

Chinese AI and semiconductor companies are rolling out large share incentives to prevent key talent from leaving, disclosures show. Plans range from free stock grants to programmes covering most employees. Cambricon Technologies allocated nearly 600,000 shares to 124 staff and granted 5 million shares to 944 employees. Zhongji Innolight awarded 2.48 million shares to 99 people. Tencent and Alibaba are also adjusting compensation systems.

AI & Enterprise

Beyond AI adoption, embedding operations is key to closing the scaling gap for digital-native companies

Digital-native companies often lead in willingness to adopt AI and the breadth of its use, but that does not always translate into the highest level of operational maturity, a 2026 report found. Executives at digital-native firms most frequently cited embedding AI at scale across core business processes as a top investment priority. The report distinguishes broad deployment from full operational embedding, including use by more than 100 users under SLAs with continuous monitoring. Examples in South Korea highlight the need for shared data, governance and operating foundations.