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South Korea's ex-acting leader indicted over former president's martial law imposition

South Korea's ex-acting leader indicted over former president's martial law imposition

South Korea's former acting leader Choi Sang-mok has been indicted on charges related to the brief imposition of martial law in December 2024
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South Korea's Former Acting Leader Indicted Over Martial Law Imposition

South Korea's Former Acting Leader Indicted Over Martial Law Imposition

South Korea's former acting leader, Choi Sang-mok, has been indicted on charges related to the imposition of martial law by then-President Yoon Suk Yeol in December 2024. Choi, who served as deputy prime minister and finance minister, is accused of dereliction of duty for not fully restoring the Constitutional Court to its full capacity, which was deliberating on Yoon's impeachment. The court's decision to remove Yoon required a majority of six justices, and Choi's failure to appoint a ninth justice is seen as a significant factor. The indictment is part of a broader investigation into the Yoon administration, which has seen numerous officials arrested or indicted.
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Oracle weighs on Wall Street over AI spending worries even as most stocks rise

Oracle weighs on Wall Street over AI spending worries even as most stocks rise

Most U.S. stocks are rising on Wall Street, but a big drop for Oracle is holding the market back as the tech giant contends with worries about whether its spending on artificial-intelligence technology will pay off
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World shares are mixed as Oracle's earnings revive AI worries, hitting technology shares

World shares are mixed as Oracle's earnings revive AI worries, hitting technology shares

World shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate
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South Korea Mandates AI-Generated Ad Labeling to Combat Deceptive Practices

South Korea Mandates AI-Generated Ad Labeling to Combat Deceptive Practices

South Korea has announced a new regulation requiring advertisers to label ads created using artificial intelligence technologies. This move aims to address the increasing prevalence of deceptive promotions that utilize fabricated experts or deep-faked celebrities to endorse products, particularly on social media platforms. The decision was made following a policy meeting chaired by Prime Minister Kim Min-seok. The government plans to enhance the screening and removal of problematic AI-generated ads and impose punitive fines to protect consumers, especially older individuals who may struggle to discern AI-generated content. The labeling requirement is set to take effect in early 2026, with companies operating platforms being responsible for ensuring compliance.
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South Korea Mandates AI-Generated Ad Labeling to Protect Consumers

South Korea Mandates AI-Generated Ad Labeling to Protect Consumers

South Korea has announced a new policy requiring advertisers to label ads created using artificial intelligence technologies. This decision was made during a policy meeting chaired by Prime Minister Kim Min-seok, aiming to curb deceptive promotions that often feature fabricated experts or deep-faked celebrities. The policy will enhance the screening and removal of problematic AI-generated ads and impose punitive fines, particularly to protect older consumers who may struggle to identify AI-made content. The government plans to revise telecommunications laws to enforce these requirements by early 2026, with companies operating platforms also responsible for compliance.
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South Korean Government Mandates AI-Generated Ad Labeling to Combat Deceptive Practices

South Korean Government Mandates AI-Generated Ad Labeling to Combat Deceptive Practices

The South Korean government, under the leadership of Prime Minister Kim and President Lee Jae Myung, has announced a new policy requiring advertisers to label ads created using artificial intelligence technologies. This initiative aims to address the growing issue of deceptive promotions that utilize fabricated experts or deep-faked celebrities to endorse products on social media platforms. The government plans to revise the telecommunications act and related laws to enforce this AI-labeling requirement by early 2026. Companies operating these platforms will be held accountable for ensuring compliance with the new rules. The move comes as part of a broader effort to minimize the side effects of new technologies, particularly as South Korea continues to embrace advancements in AI.
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South Korea to consider setting up $3.1 billion foundry to grow local chip sector

South Korea to consider setting up $3.1 billion foundry to grow local chip sector

By Joyce Lee and Hyunjoo Jin SEOUL, Dec 10 (Reuters) - South Korea is considering building a 4.5 trillion won ($3.06 billion) foundry to make essential chips, funded by state and private investment, part of efforts to gain an edge in a race to nurture local semiconductor firms as demand for AI chips
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SK Hynix Considers U.S. Listing Amid AI Demand Surge

SK Hynix Considers U.S. Listing Amid AI Demand Surge

SK Hynix Considers U.S. Listing Amid AI Demand Surge
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Asian shares are mixed as Oracle's earnings revive AI worries, hitting technology shares

Asian shares are mixed as Oracle's earnings revive AI worries, hitting technology shares

Asian shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate
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Samsung SDI unit signs US battery deal worth over $1.36 billion for energy storage systems

Samsung SDI unit signs US battery deal worth over $1.36 billion for energy storage systems

SEOUL, Dec 10 (Reuters) - South Korea's Samsung SDI said on Wednesday that its unit Samsung SDI America has signed a deal to supply lithium iron phosphate (LFP) batteries to a U.S. customer for energy storage systems, triggering a sharp rally in its shares.
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North Korea's ruling elite prepares for once-in-5-years party meeting

North Korea's ruling elite prepares for once-in-5-years party meeting

North Korea says leader Kim Jong Un has opened a meeting to prepare for the upcoming ruling party congress, one of the country’s biggest political conferences meant to lay out new state priorities