As nations across the globe grapple with a surge in borrowing costs, almost none enjoy the option now being eyed in South Korea: deploying a major new source of cash to simply cut back on selling debt.

South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities after a series of cyberattacks led to personal data breaches across the industry.

North Korean leader Kim Jong Un oversaw the launch of an intermediate-range strategic missile using a hypersonic weapons system, state media said, underscoring his intent to further strengthen the country’s nuclear deterrent.

South Korea’s excess tax revenue may exceed 50 trillion won ($37 billion) this year, according to a Yonhap News report, reflecting factors including a stronger-than-expected semiconductor cycle.

South Korea must continue advancing artificial intelligence without pause or delay, its deputy prime minister said on Wednesday, striking an unequivocal tone in a growing global debate about the pace of development for the technology.

The Bank of Korea called for stronger monitoring of overseas derivatives tied to Korean chipmakers, warning their rapid growth risks amplifying domestic market swings as it cited leveraged bets by hedge fund Situational Awareness as a driver of recent volatility.

The South Korean won advanced to its strongest level in nearly two years Monday, helped by a rally in semiconductor stocks and continued foreign inflows into the country’s benchmark equity index.

South Korea plans to issue a near-record 222.8 trillion won ($162.7 billion) of bonds in 2027 as President Lee Jae Myung pushes his expansionary fiscal agenda.

South Korea has stepped up checks of cabbage arriving from China after sellers there were found to be using formaldehyde to keep the brassicas fresh, triggering a widespread crackdown by Beijing.

The South Korean won strengthened past the key psychological level of 1,400 per dollar for the first time in more than 10 months, extending a recovery fueled by a booming semiconductor industry.

South Korea’s central bank bought gold-related assets for the first time in 13 years, joining global reserve managers turning to the precious metal as a hedge against geopolitical and economic uncertainty.

South Korea’s 30-year government bond yield climbed to a record, as elevated energy prices and weaker demand from life insurers intensified pressure on the debt market.

South Korea expects to deploy more than 1 trillion won ($707 million) of fresh capital into a new sovereign wealth fund targeting AI and other strategic industries next year, joining a global push by governments to mobilize investment and gain an edge in high-tech sectors.

South Korea issued emergency heat wave instructions as the country sweltered, with its highest temperature on record reported in the southeastern city of Yangsan.

South Korea’s exports extended their strong growth in July, reinforcing signs that artificial intelligence-driven demand continues to underpin the economy and strengthen the case for further monetary tightening.

South Korea pledged additional measures to stabilize the stock market and curb retail access to leveraged exchange-traded funds after a rout that wiped billions of dollars off investors’ holdings.

SK Hynix Inc. billionaire Chey Tae-won was ordered by a South Korean court to pay his former wife 944 billion won ($643 million) in a divorce settlement that brings the long-running feud near a conclusion.

The Bank of Korea warned that single-stock leveraged exchange-traded funds tied to Samsung Electronics Co. and SK Hynix Inc. could deepen market concentration, amplify volatility and intensify one-way trading flows, according to a local report.

A consortium led by NeoPulse is close to a deal to buy nearly 40% of South Korean firm Wemade Co. from founder and Chairman Park Kwan-ho, a spokesman for Wemade said in response to a Bloomberg News query.

Billionaire Chey Tae-won of SK Hynix Inc. and his ex-wife Roh Soh-yeong failed to reach an agreement through court mediation, setting the stage for the resumption of their long-running divorce settlement battle.