LIV Golf Files for Bankruptcy Protection Amid Financial Struggles LIV Golf, which once disrupted the PGA Tour with substantial funding from Saudi Arabia, has filed for bankruptcy protection. The league is facing financial difficulties after the Saudi Public Investment Fund (PIF) withdrew its support.According to Yonhap News, LIV Golf submitted its Chapter 11 bankruptcy filing to a court in New Jersey on September 9. Chapter 11 allows companies to restructure their debts under court supervision while continuing operations.AP reports that LIV Golf's debt exceeds September 9, 2026

Traffic Restrictions in Seoul for Korea-Central Asia Summit on September 16 This month, traffic will be restricted in certain areas of Seoul during the '2026 First Korea-Central Asia Summit.' The Security Control Division announced on September 9 that traffic control will be implemented on September 16 around Sowol-ro and Euljiro 1-ga to ensure the smooth conduct of the summit and the safety of the attending leaders. Sowol-ro will experience intermittent full lane closures approximately 6 to 7 times from noon to 9 p.m. on that day, coinciding with the leaders' movement September 9, 2026

Samsung Securities Receives Approval for Issuing Commercial Paper, Intensifying Competition Among Brokerages Samsung Securities has finally received approval to issue commercial paper. This marks the first time since being designated as a comprehensive financial investment business operator with over 4 trillion won in capital in 2017. With Samsung Securities joining the market, the competition in the commercial paper sector has expanded to eight firms, following Kiwoom Securities, Hana Securities, and Shinhan Investment Corp. last year. The commercial paper market has grown significantly, nearing 56 tr September 9, 2026

Housing Loans Surge Amid Decline in Credit Loans The trends in housing-related loans and credit loans are diverging significantly. While credit loans have shifted to a downward trend due to stricter management of household loans by financial institutions and increased volatility in the stock market, mortgage loans have seen a rise as collective loans are being supported to bolster housing supply.According to the Financial Services Commission's report on household loan trends for August 2026, total household loans across all financial sectors i September 9, 2026

Kakao Mobility Develops Autonomous Driving AI with Unique Data from Complex Roads "Experiencing various unexpected situations on complex roads like Gangnam is more beneficial for enhancing autonomous driving AI performance than driving for a long time on easy roads." Im In-ho, leader of the AI driving team at Kakao Mobility, made this statement on September 9 during a Q&A session at a Kakao Mobility autonomous driving study held at the Korea Automotive Mobility Industry Association in Seocho, Seoul. He outlined the goal of introducing an end-to-end (E2E) model by the end of t September 9, 2026

Samsung and Naver Enter European Sovereign AI Market Through MistralAI Samsung Electronics and Naver have jointly entered the European sovereign artificial intelligence (AI) market through the French company MistralAI. This move is seen as a significant addition to the global AI competition, traditionally dominated by the U.S. and China, with South Korean companies establishing a third pillar centered in Europe.According to the IT industry on September 9, Samsung Electronics and Naver Cloud formed a partnership with MistralAI during a Korea-France business roundtab September 9, 2026

Korea Zinc's Extraordinary General Meeting Reshapes Board with 12-7 Vote Current management, led by Korea Zinc Chairman Choi Yoon-bum, gained a significant advantage during the company's extraordinary general meeting. The election of Baek In-kyu, the candidate recommended by Korea Zinc, as an independent director reshaped the board to include 12 members from Choi's side and 7 from MBK and Youngpoong.On September 9, at the Mondrian Hotel in Yongsan, Seoul, the extraordinary general meeting appointed four independent directors and one audit committee member. The meetin September 9, 2026

Yoon Ho-jung: Kim Ji-yong's Philosophy on Prosecutorial Reform is Sound Yoon Ho-jung, the Minister of the Interior and Safety, stated on September 9 that Kim Ji-yong, the nominee for the inaugural head of the Serious Crimes Investigation Agency, does not have issues with the fundamental philosophy of current prosecutorial reform and the protection of human rights.During a session of the National Assembly's Legislative and Judiciary Committee, Yoon responded to a question from Rep. Yoon Sang-hyun of the People Power Party, who raised concerns about Kim's past opposit September 9, 2026

School Violence Victim Response Rate Rises for Sixth Consecutive Year The victim response rate for school violence among elementary, middle, and high school students has risen for the sixth consecutive year, reaching 2.9%. In contrast, the rate of self-reported perpetrators dropped to 0.8%, highlighting a growing disparity between the pain felt by victims and the awareness of the issue among offenders. Additionally, minor conflicts among peers are increasingly being escalated to administrative reviews, with over 22% of cases concluded as 'not school violence,' ind September 9, 2026

Nexspace Reports $30.98 Million in Revenue from MapleStory Universe in First Half of 2026 Nexspace generated approximately 30.98 million NXPC in revenue from the blockchain gaming ecosystem 'MapleStory Universe' in the first half of 2026. This figure surpasses the 28.14 million NXPC distributed as rewards to players of the blockchain-based MMORPG 'MapleStory N' during the same period. Nexspace is accelerating the expansion of the MapleStory Universe ecosystem by incorporating user-generated content.On September 9, Nexspace, a blockchain subsidiary of Nexon, released its '2026 First H September 9, 2026