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Industry
South Korea set to unveil plan to invest in up to eight U.S. nuclear reactors to meet AI power demand
South Korea will soon announce a large-scale energy investment plan in the United States to support the expansion of the U.S. AI industry, the Wall Street Journal reported. The plan would fund construction of up to eight nuclear reactors and natural gas power plants, and the total could exceed $100 billion. It follows a trade deal under which U.S. tariffs were cut and South Korea pledged investments and energy purchases.
Industry
U.S. automakers fall silent on EVs as China rolls out new models
U.S. legacy automakers have sharply reduced announcements and public references related to electric vehicles, prompting criticism that their EV strategies are effectively retreating. CleanTechnica reported that companies once issued far more EV press releases than their actual sales share. The shift is linked to Tesla’s rise, then weaker-than-expected market response and sales. The re-election of President Donald Trump has also increased policy pressure, encouraging firms to scale back programs or avoid comments.
Crypto
Would a bank charter make crypto safer? Two sides of U.S. federal trust bank approval
An analysis says crypto firms may not fully escape political pressure or supervisory risks even if they obtain a U.S. federal trust bank charter. The charter can strengthen legal standing for custody while bringing firms into direct oversight by the Office of the Comptroller of the Currency. The article contrasts interpretations of Silvergate’s liquidation and notes conditional approvals for several trust bank moves. It adds that regulators retain control through approval conditions and revised supervisory rules.
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AI & Enterprise
Deputy minister Ryu Je-myung meets Botswana vice president to discuss AI, ICT cooperation
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Mobility
Trump may allow Chinese EVs in U.S. ahead of Xi talks, amid market-opening rumors
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People
KCA delivers 10 million won hometown donation for flood recovery in Geoje, Tongyeong
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Games & Commerce
Com2uS to broadcast South Korea\'s U-18 baseball team matches with SBS Sports
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Crypto
Clarity Act this time for real? Scott Bessent presses Senate, warns U.S. lead at risk if it fails
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Crypto
U.S. Clarity Act may be last real chance this year; failure could push it to 2030
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Crypto
U.S. Clarity Act vote nears as crypto industry and banks clash in last-minute lobbying
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AI & Enterprise
KT to work with Asan Medical Center on AI hospital buildout
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Industry
Samsung Electronics opens dedicated EHS heat pump training center in Suwon
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Crypto
Hunter Biden memecoin hits $144 billion then plunges 95 percent in 30 minutes
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Telecommunications & Media
Apple unveils health-focused Apple Watch Series 12 starting at 599,000 won
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Telecommunications & Media
Apple unveils AirPods 5 with ANC, real-time translation from 199,000 won
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AI & Enterprise
Bae Gyeong-hun ends multiple roles, seeks to focus on core work as AI policy duties shift
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Crypto
Digital asset taxation next year in focus as bitcoin battles around $80,000
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Telecommunications & Media
Apple unveils iPhone 18 Pro with variable-aperture camera, goes on sale Sept. 18