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Korea President Clarifies Policy Chief’s ‘Citizen Dividend’ Post

Korean President Lee Jae Myung said his adviser’s viral post about redistributing profits from the AI boom was meant to start a broader public debate about how a potential tax windfall should be used.

Lee Jae Myung, South Korea's president, delivers a speech at the National Assembly in Seoul, South Korea, on Thursday, April 2, 2026. Lee urged citizens to “save every drop of fuel,” ramping up an official call for energy conservation as the deepening Iran conflict hits the energy-importing nation hard, straining households and businesses.
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Korea President Clarifies Policy Chief’s ‘Citizen Dividend’ Post

Korean President Lee Jae Myung said his adviser’s viral post about redistributing profits from the AI boom was meant to start a broader public debate about how a potential tax windfall should be used.

Lee Jae Myung, South Korea's president, delivers a speech at the National Assembly in Seoul, South Korea, on Thursday, April 2, 2026. Lee urged citizens to “save every drop of fuel,” ramping up an official call for energy conservation as the deepening Iran conflict hits the energy-importing nation hard, straining households and businesses.
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Korea Roils Market by Floating ‘Citizen Dividend’ From AI

A top South Korean policymaker said the nation should pay citizens a “dividend” using taxes on AI profits, underscoring growing pressure to redistribute gains from a boom that’s enriched chipmakers like Samsung Electronics Co. and SK Hynix Inc.

Samsung Electronics Co. branded flags fly outside the IFA International Consumer Electronics Show in Berlin, Germany, on Wednesday, Aug. 31, 2016. The IFA is Europe's largest consumer electronics show and runs to September 7. Photographer: Krisztian Bocsi
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Samsung, SK to Cancel $14 Billion Treasury Shares in Reform Push

Samsung Electronics Co. and SK Inc. said they plan to cancel a combined 20.8 trillion won ($14.1 billion) of treasury shares, one of the largest such moves by South Korean conglomerates as firms respond to governance reforms aimed at boosting shareholder returns.

The Kospi’s blistering rally has been driven in part by expectations that companies will follow through on governance changes.
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K Bank Shares Jump in Debut as Korean Stocks Rebound After Crash

Digital lender K Bank Co. surged in its trading debut as South Korean stocks rebounded from the previous day’s record rout.

The K Bank Co. app arranged on a smartphone in Seoul, South Korea, on Tuesday, Sept. 10, 2024. Online lender K Bank has filed for an initial public offering in Seoul that may raise as much as 984 billion won ($732 million), in what would be the biggest South Korean listing in almost three years.
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