Photo=Samsung Samsung Electronics Chairman Lee Jae-yong is stepping up the South Korean conglomerate’s focus on energy infrastructure and artificial intelligence, visiting a major power project in the United Arab Emirates as demand for electricity-intensive data centers creates new opportunities across the Middle East. Lee visited the Al Dhafra gas-fired power plant construction site in Abu Dhabi on October 21, where

Photo=Motionelements South Korea is seeing a sharp increase in home purchases by minors, raising questions about family wealth transfers and the origins of funds used to buy property in one of the world’s most expensive housing markets. More than half of the money minors reported using for purchases this year came from their own assets, including bank deposits and proceeds

(Photo=MotionElements) Artificial intelligence has uncovered critical security flaws in software powering much of the internet, triggering emergency responses worldwide. In South Korea, the discovery has raised fresh concerns just weeks after hackers used AI tools to breach several major financial institutions and steal customer information. The latest threat highlights how AI is changing cybersecurity on both sides of the battle.

Photo=Motionelements South Korea’s major commercial banks are sharply reducing entry-level recruitment even as profits and employee pay climb, signaling a structural shift in banking employment as digital transactions expand and artificial intelligence automates more traditional functions. The trend reflects a broader challenge for financial institutions worldwide, including U.S. banks, as they balance labor costs with investments in technology and specialized

Photo=Tving South Korea’s response to a personal-data breach at streaming platform Tving is raising broader questions about corporate accountability and the enforcement of cybersecurity rules, with potential implications for digital businesses operating in the country. CJ, Tving’s parent group, said it would consider support measures, including compensation for affected customers, as regulators face renewed calls to strengthen penalties for companies