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11/12
14:33
South Korea's Financial Services Commission announced a corporate governance reform package on Thursday, proposing to shift the shareholder approval threshold for bank holding company CEOs seeking a third term or more from a total ban to at least 75% of shareholder votes in favor, in a move aimed at curbing prolonged autocratic rule, strengthening board independence, and tightening executive compensation oversight.
14:31
According to The Korea Herald, citing a TrendForce forecast, 7% to 9% of smartphones shipped in 2027 are expected to use recycled memory, up from an estimated 3% to 4% this year as reported. The report noted that rising memory prices have driven some budget smartphone manufacturers to use secondhand memory to lower costs.
14:29
Speaking on a panel on Thursday, Harvard economics professor and former International Monetary Fund (IMF) chief economist Kenneth Rogoff warned that a future burst of the artificial intelligence bubble could deal a heavy blow to the South Korean economy, urging policymakers to prepare for increased economic volatility and rising fiscal pressures.
14:23
South Korea's HLB Pharmaceutical held a groundbreaking ceremony for its new pharmaceutical plant in Hwaseong, Gyeonggi Province, on Thursday, with an investment of 55 billion won (approximately $41.4 million). The company stated that once operational, the new facility is expected to nearly triple its production capacity, supporting its goal of achieving 1 trillion won in annual sales by 2036.
14:20
According to The Korea Herald, LS Cable & System has announced plans to invest 350 billion KRW to build a rare-earth permanent magnet plant in Gumi, North Gyeongsang Province, South Korea. The report links South Korean companies scaling up such investments to U.S. plans to tighten restrictions on the use of Chinese-sourced materials in defense equipment starting next year.
14:06
According to Al Jazeera, citing projections released this week by the National Energy Assistance Directors Association (NEADA), the average cost of home heating using various fuels in the U.S. is expected to reach $1,002 this winter, up 7.1% from last winter. Households relying on heating oil are projected to spend $2,977, a year-on-year increase of 70.2%. Mark Wolfe, Executive Director of NEADA, stated that the situation in the Strait of Hormuz and uncertainties in global oil supply make price trends difficult to predict. The above figures are institutional forecasts.
14:06
According to The Korea Herald, citing financial results released on Wednesday, SCK Company—which operates the Starbucks business in South Korea—posted an operating loss of 45.3 billion won for the July–September period, compared to an operating profit of 60 billion won in the same period last year. This marks the second consecutive quarterly loss for the business. The report attributes the operational pressure to the lingering fallout from a boycott triggered by a marketing campaign in May.
14:06
According to The Korea Herald, Naver has secured a 2 trillion won AI computing contract from a U.S. client. The company stated that it plans to establish a logistics subsidiary and expand its overseas AI infrastructure business to diversify its revenue sources beyond search and e-commerce.
14:06
South Korea’s Financial Services Commission (FSC) announced financial company governance reform measures on November 12, proposing to strengthen the independence of CEO Nomination Committees. The recommendation threshold for bank holding company CEO candidates will be raised from a simple majority of attending members to at least a two-thirds vote of all members; recommending the incumbent CEO for reappointment will require a three-quarters vote of all members. The plan also proposes that the CEO Nomination Committee be composed exclusively of outside directors and prevents the incumbent CEO from exerting undue influence on the succession process.
14:06
According to The Korea Herald, a procurement proposal currently being brewed in the United States would allow allied shipbuilding enterprises to construct the first one to two vessels domestically before transferring subsequent production to the U.S. The report noted that this arrangement could provide orders for South Korean shipbuilders, though political shifts in Washington add uncertainty to the proposal's prospects.
14:03
South Korea plans to allow crypto exchanges to suspend withdrawals when facing hacker threats, following a series of security incidents on South Korean crypto exchanges, including GOPAX's preventive service suspension and Prabang's exposure to a $70,000 hot wallet exploit.
13:52
Zcash holders will vote on withdrawing 50,000 ZEC (valued at approximately $50 million at current prices) from the Zcash Community Grants (ZCG) funding treasury. If passed, the proposal will remove over half of the circulating ZEC holdings currently held by ZCG and redirect future block rewards to a new development and legal defense fund.
13:44
According to a report by the Iranian Students’ News Agency (ISNA), Kioumars Heydari, Deputy Chief of the General Staff of the Iranian Armed Forces, stated that Iran has updated its list of potential military targets to prepare for any future conflicts, emphasizing that retaliatory strikes will not be subject to any geographical limitations. Heydari pointed out that the updated list reflects Supreme Leader Ali Khamenei's previous directives regarding "geographically unrestricted, immediate, and effective responses" to any threats, and will soon be issued to commanders of the Army and the Islamic Revolutionary Guard Corps (IRGC).
13:39
According to Al Jazeera, Canada's Permanent Mission to the United Nations stated its opposition to Iran's election as a member of the UN Committee for Programme and Coordination, arguing that Iran's human rights record and threats to international peace and stability are incompatible with the oversight body's mandate. The report noted that during Wednesday's UN General Assembly vote, 144 out of 183 voting countries supported Iran's election as one of the four Asia-Pacific regional representatives to the committee; Canada's stated position does not change the outcome of the vote.
13:38
According to CoinDesk, based on a snapshot as of November 10, the XRP Ledger lending protocol and its first patch each received 22 votes out of 35 validator nodes, while the SingleAssetVault received 23 votes; as of Wednesday mentioned in the report, the vote counts remained unchanged. The lending functionality requires the relevant amendments to each reach 29 votes and maintain that threshold for two weeks before going live, a milestone that has not yet been met.
13:38
According to Bloomberg citing Citi, Angola is using rising crude oil revenues to fund structural reforms and investments in sectors such as energy and transportation, driving its efforts to reduce economic dependence on oil.
13:31
Binance founder CZ reposted a Binance Futures tweet stating that the NVIDIA token (NVDAUSDT) fell 8.39% in after-hours trading on Binance. Position data shows that smart money holds approximately $200 million in short positions with an average entry price of $172.5, and $22 million in long positions with an average entry price of $164.9, bringing the total open interest (OI) to $347 million.
13:26
Bitcoin Core has disclosed a critical vulnerability that previously caused thousands of Tor nodes to trust arbitrary strangers, which was patched in October 2025 and kept confidential until this Tuesday. Also disclosed was a high-severity vulnerability that could prevent miners from producing blocks until nodes are restarted.
13:15
Malaysian Home Minister Saifuddin Nasution Ismail stated on Thursday that under the conditions of his house arrest, Malaysia's former Prime Minister Najib Razak is prohibited from participating in any political activities, making public appearances, or receiving visitors without authorization.

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