AGP Executive Report
Last update: 6 hours agoElection Overhaul: South Korea’s top constitutional leaders agreed to overhaul election management after June 3 ballot shortages, with President Lee Jae-myung ordering thorough probes and possible legal accountability for officials, after voters were kept waiting for ballots and public trust took a hit. Prime Minister Pick: Lee nominated Han Seong-sook, the SMEs and startups minister, as prime minister—framing her as a pragmatic, business-minded choice to drive AI transformation and growth that reaches small firms. AI Chip Race: Seoul will seek priority supply of Nvidia’s next-gen Vera Rubin GPUs, as deliveries are expected to slip, while Nvidia CEO Jensen Huang pushed Korea’s “physical AI” and infrastructure buildout. Markets Take a Hit: KOSPI plunged more than 8% as strong US jobs data raised rate-hike fears and Middle East tensions spiked oil prices, hitting tech and AI-linked stocks hardest. North Korea Watch: Xi Jinping arrived in Pyongyang for a rare summit, signaling deeper strategic ties as Seoul also accuses Pyongyang of sanctions-busting oil and mineral trade.
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