Episode Description:
Korea's corporate bond market is freezing over just as the government bets big on quantum chips and nuclear power.
Today's episode covers four stories shaping Korea's economy: AA-rated corporate bond yields jumping to 4.486% as issuance falls and companies turn to bank loans, Mirae Asset Securities posting a 369% profit surge that topped every major bank, President Lee's new SEED initiative targeting 2035 for commercial small modular reactors and world-leading quantum chip capacity, and a ruling-party push to raise local governments' VAT share to 40%. Together, these stories show Seoul balancing near-term rate pain against long-term industrial ambition.
Sources:
- Corporate Bond Winter Deepens as High Rates Persist — Seoul Economic Daily, August 13, 2026
- Government Unveils SEED Initiative: SMR by 2035, World's Top Quantum Chip Ambition — Seoul Economic Daily, August 13, 2026
- Mirae Asset Q2 Net Profit Hits 1.9 Trillion Won, Tops All Major Banks — Seoul Economic Daily, August 13, 2026
- Ruling Party Moves to Raise Local Governments' VAT Share to 40% — Seoul Economic Daily, August 13, 2026
About AI PRISM:
AI PRISM is Seoul Economic Daily's WAN-IFRA award-winning newsroom AI series, delivering Korean economic news adapted for global audiences. Episodes are produced with AI assistance and reviewed by a human editor.
Tags:
#CorporateBonds #KoreaEconomy #BankOfKorea #MiraeAsset #SMR #QuantumChip #VAT #KOSPI #AIPRISM #SeoulEconomicDaily #WANIFRA
