KB Kookmin Bank nominated Jung Yoon-kyung (정윤경), a professor at Sungkyunkwan University, as a new outside director candidate to strengthen expertise in artificial intelligence and digital fields. The nomination follows the resignation of former outside director Moon Soo-bok. The bank said its outside director nomination committee selected Jung after multiple meetings and screening procedures. Jung is expected to be formally appointed after approval at an extraordinary shareholders meeting on July 23.

NATO has formalised plans for a shared satellite network to strengthen military communications, surveillance and missile tracking. The alliance unveiled the HALO project at a NATO summit defence industry forum in Ankara, involving Denmark, Canada, Finland, Germany, Norway, the Netherlands, Sweden and Turkey. HALO aims to link national satellite systems into a single framework while countries keep ownership and control. NATO says existing dispersed networks are vulnerable and too slow for large data.