Semiconductors & Markets: KOSPI surged 6.24% to 7,284.41 as softer US inflation eased rate fears and tech buying returned, with Samsung and SK hynix leading gains after the latest AI-chip momentum. Youth Jobs & Industry Structure: Korea’s jobs outlook was cut even as growth was raised, with analysts pointing to the capital-heavy nature of chipmaking that creates fewer jobs than expected. Crypto Regulation: Seoul moved to include crypto in the state asset management framework via a new National Asset Basic Act, expanding rules beyond real estate to virtual assets and IP. AI & Compliance: A South Korean man was investigated for cheating on a national technical exam using AI smart glasses that captured questions and displayed answers. Defense & Logistics: The US and South Korea began their largest-ever joint military logistics drill, focusing on sustainment across land, sea and air. Shipbuilding & Trade Links: Princess Anne visited HD Hyundai’s Ulsan shipyard, highlighting UK-Korea maritime ties. Industrial Safety: Korea reported a record low of 253 workplace deaths in H1, but manufacturing fatalities rose, prompting tougher inspections. Shipping Risk: Strait of Hormuz traffic fell to 11 ships on July 12 amid US-Iran escalation, underscoring energy and logistics volatility. Corporate Restructuring: Hanwha shareholders approved a split separating defense/shipbuilding/energy from machinery and lifestyle units, sharpening its succession roadmap.