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Search results for Lee Jae Myung

Finance

Lee says stock market normalisation has only removed a few big stones

South Korean President Lee Jae-myung (이재명) said measures to normalise the stock market have only removed a few big obstacles and that further institutional reforms are needed. Speaking after receiving a Financial Services Commission report at a Cabinet meeting and emergency economic review session, he said the steps were showing effects. He also urged continued measures and asked when additional plans would be ready. Lee raised the market\'s undervaluation compared with other countries, and the FSC chairman agreed it remained undervalued versus corporate earnings.

AI & Enterprise

Government joins hands with Google DeepMind to step up \'K-Moonshot\' through global partnerships

South Korea\'s Ministry of Science and ICT will cooperate with Google DeepMind on AI-based science and technology innovation, including joint research, talent development and responsible AI use. The sides signed a memorandum of understanding in Seoul and agreed to expand collaboration across technology, infrastructure and researcher exchanges. They also plan internships, an AI campus in South Korea, and joint work on AI safety and governance, including testing methodologies.

Industry

South Korea draws up nanotechnology master plan, upgrades national strategic technology framework

The South Korean government will step up its next-generation science and technology strategy by drawing up a comprehensive nanotechnology research plan every five years. The National Science and Technology Advisory Council reviewed and approved the sixth nanotechnology master plan for 2026 to 2035 and a plan to upgrade the national strategic technology framework. The government also derived 55 “NEXT national strategic technologies” and plans to invest 60 trillion won in strategic technologies over the next five years.