AGP Executive Report
Last update: 8 hours agoInter-Korean Legal Fallout: A Seoul court ordered North Korea to pay 44.6 billion won (about $32.5m) in damages over the 2020 demolition of the Kaesong Inter-Korean Liaison Office, the first time Seoul has sought damages directly from the North state; Seoul says it will review follow-up steps. Markets & Rates: Asian stocks wobbled as investors braced for the Fed’s decision, with oil holding above $100 and U.S. 10-year yields above 5% adding pressure on risk appetite. Abortion Pill Rollout: South Korea plans to introduce medication abortion for pregnancies up to nine weeks by end-March 2027, starting with hospital-only prescribing/dispensing for two years before expanding. Bank Hiring Shift: Major Korean banks are cutting general hiring and focusing on specialists, especially AI and digital roles, for second-half recruitment. Aviation Deal: Korean Air finalized a record order for 103 Boeing aircraft worth about $44.6b, supporting fleet transformation after its Asiana merger. North Korea Returns to Japan for Sports: North Korean athletes entered Japan for the Asian Games for the first time in 41 years, signaling a rare easing in sports-related ties. AI Data Center Push: Naver and partners are backing solar and infrastructure efforts for AI data centers, while GS Group expands startup collaboration to tackle power and cooling bottlenecks.
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