KT Cloud to Supply AI Data Centers Tailored to Customer Needs by 2031 KT Cloud is refining its business strategy to supply Artificial Intelligence Data Centers (AIDC) tailored to customer preferences in terms of location and timing. The company aims to establish over 20 sites by 2031, providing more than 1GW of AIDC infrastructure in both metropolitan and non-metropolitan areas.On September 15, KT Cloud held the 'KT Cloud Summit 2026' at the Grand InterContinental Seoul Parnas, where it unveiled its cloud and AIDC strategies to corporate and public sector clients September 15, 2026

Kyungdong Navien Launches Subscription Service for 'Navien Bath Care' with Discount Offers Kyungdong Navien announced on September 15 that it is launching a subscription service for its bathroom air quality management solution, 'Navien Bath Care,' and introducing a 'bundle discount' for customers who subscribe to multiple products.In July, Kyungdong Navien expanded its air quality management offerings to include bathrooms with the launch of 'Navien Bath Care.' This solution integrates four modes—dehumidification, warm air, drying, and ventilation—to effectively manage humidity, cold a September 15, 2026

Airfare Prices Rise Amid Surge in Global Oil Prices Global oil prices have surpassed $100 per barrel, impacting airfare costs. Following a significant increase in international fuel surcharges in September, the pricing assessment for October will conclude today.On September 15, Brent crude was trading at around $107 per barrel on the ICE Futures Exchange, while West Texas Intermediate (WTI) was priced in the $103 range on the New York Mercantile Exchange (NYMEX). Concerns over supply have been heightened due to attacks on Saudi Arabian energy fac September 15, 2026

Kakao to End Independent AI App 'Kanana' and Shift Focus to KakaoTalk Kakao is set to terminate its independent artificial intelligence (AI) app, 'Kanana.' The company aims to enhance its AI services centered around KakaoTalk.On September 15, Kakao announced that the Kanana app and PC services will be discontinued on October 15, 2026. Launched in May 2025 in beta form, Kanana is a conversational AI service designed to assist users in their daily lives through interactions with AI companions named 'Kana' and 'Nana.'During its 1.5 years of operation, Kanana tested v September 15, 2026

Korea and Germany Discuss Fiscal Policies to Address AI, Low Birth Rates, and Aging Population Cho Yong-beom, Deputy Minister of the Ministry of Economy and Finance, met with a delegation from the German Bundestag Finance Committee to discuss the long-term fiscal conditions and key financial issues facing both countries.During the meeting on September 15, Deputy Minister Cho exchanged views on the direction of fiscal policy and major policy tasks with the delegation, which included Christian Görke, acting chair of the Bundestag Finance Committee, and seven other committee members.This mee September 15, 2026

Kim Min-seok: Responsibility for Approval Rating Recovery Lies with the Party Kim Min-seok, leader of the Democratic Party of Korea, emphasized on September 15 that the responsibility for the recent decline in approval ratings for President Lee Jae-myung and the party lies primarily with the party itself. He urged the need to demonstrate the capabilities of a competent ruling party and called for a focus on preparations for the 2028 general elections.During a meeting of provincial party leaders held at the Democratic Party's headquarters in Yeouido, Seoul, Kim stated, "No September 15, 2026

Public Companies to Shift Merger Valuation from Market Price to Fair Value The method for determining merger valuations for public companies will transition from market price to fair value. This change aims to move away from a uniform arithmetic average evaluation method and instead consider various valuation factors, including a company's assets and earnings. Additionally, the process will require the board of directors to prepare review opinions and obtain external evaluations.On September 15, the Financial Services Commission announced that from September 16 to Octo September 15, 2026

Financial Supervisory Service and Industry Seek Solutions for Housing Finance Support and PF Project Sales The Financial Supervisory Service (FSS) held a session on September 15 to explain the financial support programs related to the housing supply activation measures announced on August 13.The event, titled 'Housing Supply Financial Support Program and PF Project Sale Briefing,' took place at the FSS headquarters in Yeouido, Seoul, and consisted of five sessions detailing step-by-step financial support for housing development PF projects.In the initial bridge phase, Coramco Asset Trust will provide September 15, 2026

Trump Advocates for AI Progress with Jensen Huang's Support as Regulation Debate Intensifies Debate over the pace and safety of artificial intelligence (AI) development is intensifying in the United States. Jensen Huang, CEO of Nvidia, has voiced support for President Donald Trump, who opposes AI regulation, arguing that fears surrounding AI lack scientific basis. As discussions about AI safety mechanisms and regulatory measures grow, the technology is likely to become a significant issue in the upcoming November midterm elections.According to Bloomberg, Huang criticized the notion of s September 15, 2026

Financial Supervisory Service Chief Calls for Improved CEO Succession Transparency Lee Chan-jin, the head of the Financial Supervisory Service, emphasized the need for enhanced transparency and fairness in the CEO succession process of financial holding company subsidiaries on September 15.During an executive meeting at the Financial Supervisory Service, Lee stated, "Most of the CEO succession procedures established by the subsidiary CEO recommendation committees are inadequate, and the role of the subsidiary executive recommendation committees is also limited."He pointed out September 15, 2026