AGP Executive Report
Last update: an hour agoNorth Korea Missile Tests: North Korea fired a ballistic missile toward the East Sea from the Wonsan area, flying over 700 km as Seoul and Washington prepare for major joint drills—Pyongyang’s second such launch in less than a week. Semiconductor Push: South Korea is moving ahead with a 5 trillion won semiconductor fund for materials, components, equipment and fabless firms, plus another 5 trillion won in trade finance, alongside faster cluster permitting and new power/water infrastructure. Defense Upgrade: Seoul plans a 3.43 trillion won K2 tank upgrade adding drone jammers, active protection and remote weapon stations, while also approving a longer-range Haeseong-II ship-to-ship missile program. Markets & Finance: Corporate bond issuance is drying up as rates stay high, deepening a bond-market freeze; meanwhile, chip stocks helped lift the KOSPI for a third straight session. Local Governance & Daily Life: Seoul expands Seoul Fashion Week beyond DDP to Lotte World Tower for 2027, and tightens rules on smoking and drinking along Cheonggyecheon. Tech & Society: KAIST will unveil AI-LOVI on Aug. 18 to measure whether AI companionship increases or reduces loneliness at population scale.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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