BNK Financial Group has set up financial consumer protection committees under the boards of Busan Bank and Kyongnam Bank and will strengthen the independence and authority of its chief consumer protection officer. The board will directly decide on the appointment and dismissal of the CCO, whose term will be guaranteed at 2 years. The group is also running an internal contest to identify and improve practices and procedures deemed unfavorable to consumers.

Surging power demand from the expansion of AI data centres is boosting the U.S. power-generation equipment market. GE Vernova, one of the world’s largest gas turbine makers, says orders for large gas turbines are effectively filled through 2029. Major hyperscalers are expanding adoption of industrial turbines to secure reliable electricity as grid connections face delays. GE Vernova is increasing production capacity and hiring in South Carolina.