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Finance

K Bank solo proprietor loans top 5 trillion won, 1.52 trillion won supplied in first half

K Bank said cumulative loans to sole proprietors topped 5 trillion won, reaching 5.19 trillion won as of end-June. Lending rose from 260 billion won in 2022 to 1.84 trillion won last year, with 1.52 trillion won supplied in the first half of this year, about 82 percent of the 2025 total. The bank said the share of guaranteed and secured loans rose to about 45 percent and it plans to expand limits and collateral coverage.

Crypto

U.S. CLARITY Act passage this year in doubt as bipartisan clash intensifies

A bipartisan clash is growing again over the U.S. Senate’s crypto market structure bill known as the CLARITY Act. Senator Cynthia Lummis rejected criticism from Senator Elizabeth Warren that the bill would create anti-money laundering loopholes, saying it includes more than 16 safeguards to block illicit flows. Warren said hostile foreign actors move billions through crypto networks and warned the bill could worsen the problem. Banks and other groups have also raised concerns over exemptions and competition issues.

Industry

Nikkei breaks 72,000 for first time as Japan AI bet lifts semiconductor, robot stocks

Japan\'s Nikkei 225 broke above 72,000 for the first time, supported by buying in semiconductor and robot shares after the government announced a 10.5 trillion yen physical AI investment plan. The index closed up 1.55 percent at 72,353.96, its seventh straight record close. TOPIX also ended at a record. The government plans long-term investment of 370 trillion yen by 2040 and additional spending on AI infrastructure.