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Finance

Lee Eok-won says regulators will keep checking overseas private credit; Solidigm U.S. IPO would be dual listing

South Korea’s financial authorities will continue to check exposure and risk management after criticism that some funds in integrated investment accounts are being put into overseas private credit, Financial Services Commission Chairman Lee Eok-won (이억원) said. Lawmaker Kim Hyun-jung raised concerns about the share and balance of such investments at Korea Investment & Securities. Lee also said SK hynix’s U.S. unit Solidigm would be subject to existing dual listing guidelines if it lists.

AI & Enterprise

Tamar AI expands Korea AI film creation ecosystem, wraps up AI video hackathon

AI creative technology company Tamar AI said it has concluded Arena Peak Asia, an AI video creation hackathon held simultaneously in Seoul, Shanghai and Tokyo from Oct. 16 to 18. In South Korea, 40 teams produced AI short films over 32 hours, and team YAHO won a bronze prize in the combined judging across South Korea, China and Japan. Tamar AI will screen the winning works on Oct. 24 at Seoul AI Film Night.