Madison Trust: What Is the Most Taxed State in 2026?

The presidential office on Thursday refuted media criticism that the chief of the new investigative body attending Cabinet meetings could compromise impartiality and independence in investigations. The response came amid growing media criticism after Kim Ji-yong, chief of the Serious Crime Investigation Agency (SCIA), attended Tuesday's Cabinet meeting for the first time since taking office, despite the long-held practice of investigation chiefs not attending such meetings. In a social media post the previous day, President Lee Jae Myung said chiefs of all government institutions under his command could attend Cabinet meetings, but many media outlets pointed out that such a move could compromise the investigation chief's independence and impartiality in conducting investigations. "The government is strenuously working toward maintaining fairness and political neutrality in investigations and independence in indictments. This principle will remain unwavering going forward," Lee's senior secretary for the press, Seong Ghi-hong, told reporters. The official also made clear that no individua

A joint research team from Soongsil University and Chung-Ang University has developed a technology to disrupt lip synchronization in deepfake videos that use artificial intelligence (AI) to make a person's lip movements match an audio track. Soongsil University said Tuesday that the team, led by professor Choi Dae-sun of its AI Security Center and professor Kwon Jun-seok of Chung-Ang University, developed the technology, dubbed MUTE. According to the team, MUTE is the first technology to disrupt lip synchronization in deepfake videos using audio protection alone. The paper, titled “MUTE: Multi-Level Alignment Uncoupling Against Talking-Head Exploitation for Voice Protection,” was accepted for presentation at the Conference on Neural Information Processing Systems (NeurIPS) 2026, one of the world’s leading AI conferences. The study was conducted as part of a research and development project supported by the Personal Information Protection Commission and the Korea Internet & Security Agency (KISA). The research team included doctoral student Kim Dong-hyun, master’s student Kim Seung

Seoul has secured third place overall — and claimed the top spot worldwide in artificial intelligence (AI) adoption and implementation — in the newly released 2026 AI Cities Index compiled by Britain’s The Observer, the Seoul Metropolitan Government said Thursday. The benchmark evaluation, built on Tortoise Media’s established Global AI Index, assessed 57 major metropolitan centers across 36 countries using 50 indicators split into three core pillars: investment, innovation and implementation. San Francisco and New York claimed the top two global spots, while Seoul finished third, outranking major international hubs including Beijing, Paris and London, which filled out the fourth through sixth positions. The Observer, founded in 1791 as the world’s oldest Sunday newspaper, introduced city-level rankings for the first time this year, capturing a fundamental shift as AI power increasingly concentrates in urban centers. Seoul’s standout performance came in the implementation category, where it ranked first globally ahead of Tokyo (third) and Singapore (fifth). This metric measu

Hankuk University of Foreign Studies (HUFS) held a two-day training program Oct. 19-20 to help newly hired employees at local semiconductor materials, parts and equipment companies develop practical skills. The university said Wednesday that its G-Anchor Project Group organized the program in cooperation with Yongin City, Gyeonggi Province. The G-Anchor Project is a provincial initiative designed to support universities in promoting regional innovation. Twenty-five newly hired employees from six semiconductor-related companies in Yongin — including Rorze Systems, BMI Tech, GnG InTech, SurplusGlobal, Justem and Appletree — participated in the training. They worked in a range of fields, including manufacturing, design, sales, research and development, and quality control. The training program aimed to deepen participants’ understanding of the semiconductor industry and develop the practical skills and workplace adaptability needed to perform their jobs effectively. Lim Ju-won, a professor in HUFS’ Division of Semiconductor and Electronics Engineering, oversaw the program. Faculty me

INCHEON — The suspect behind last week's stabbing spree in Incheon has tested negative for psychopathy, police and legal sources said Thursday. The Incheon Metropolitan Police Agency conducted a psychopathy test on the 59-year-old suspect, Choi Choong-rak, but his score fell below the 25 out of 40 points needed to classify him as a psychopath. Choi is accused of attempting to kill 10 people at a commercial complex in Incheon, west of Seoul, on Oct. 13, by wielding knives in both hands. The rampage left eight people injured, including one who remains unconscious after suffering cardiac arrest. The two others escaped without harm. During police questioning, Choi said he carried out the attack out of anger over medical treatment he received at a local hospital. He also told police that he did not target specific people but chose those who looked weaker than him. Choi has 10 prior convictions, including two for attempted murder. Police said they are analyzing evidence and conducting further investigations to determine his motive and whether the attack was premeditated.

An appeals court on Thursday ruled against U.S. private equity firm Lone Star Funds in its suit against the Korean and Seoul city governments to return a combined 168.2 billion won ($125.9 million) in taxes. The Seoul High Court handed down the ruling against Lone Star after the Supreme Court returned the case to the appeals court for review in April last year. The Texas-based firm had earlier filed the suit against the state and the municipality, seeking the return of withheld taxes in connection with profits from its investments in Korea. Lone Star and affiliate firms purchased large shares of Korea Exchange Bank, Kukdong Engineering Construction and Starlease between 2002 and 2005, and made huge profits by selling some of the shares in 2007. They paid smaller taxes than local companies would have, citing the tax treaty that Korea has with Belgium where the company that made the investment was based. The National Tax Service (NTS) levied additional corporate taxes against Lone Star and its entities, offsetting them with withheld taxes. Lone Star then filed a suit seeking cancellation of

LG Electronics is taking its smart factory technology beyond manufacturing and into renewable energy, partnering with Korea Water Resources Corp. to develop artificial intelligence systems for one of the country’s largest power facilities. The companies signed a memorandum of understanding Thursday at Sihwa Lake Tidal Power Plant’s cultural center in Ansan, Gyeonggi Province, to explore AI-driven operations at the facility, which has the world’s largest installed capacity among tidal power plants. The partnership will combine K-water’s power plant operating experience and data with LG Electronics’ expertise in smart factories, digital twins, robotics and AI, the companies said. Under the agreement, they will examine a digital twin-based integrated operating system that creates a virtual model of the plant and incorporates real-time information from generating equipment and surveillance cameras. The system could help forecast electricity output, simulate operating scenarios and diagnose equipment conditions, enabling operators to identify problems and assess performance before m

Orion has expanded production lines for its flagship Custard cream cakes across Korea, Vietnam and India to keep pace with surging domestic and international demand, the company said Thursday. Launched in Korea in 2004, Orion Custard is a soft, individually wrapped sponge cake with a custard cream filling. It has become the company’s second-biggest global pie brand after its flagship Choco Pie. Global sales rose 14 percent last year to 154 billion won ($116 million). China, Vietnam and India accounted for 76 percent of that total, and sales kept growing at a double-digit pace through September this year. The company added a production line in Korea in September and recently began running new lines in Vietnam and India. The expansion lifts Custard’s global production capacity to as much as 300 billion won a year, roughly double last year’s sales. Orion’s global research center at its headquarters in Korea oversees product development for each market. In Vietnam, the company sells flavors including tiramisu, raspberry, egg lava, melon and a reduced-sugar version. There is also a fl

A court on Thursday ruled against Young Poong Corp. in a shareholder derivative lawsuit seeking 837 billion won ($631 million) in damages from Korea Zinc Co. Chairman Choi Yun-beom and other company directors. Young Poong — a major shareholder in Korea Zinc — had filed the suit in November 2024, claiming Korea Zinc's directors had inflicted losses of 837 billion won on the company by making a tender offer involving the purchase of its own shares at 890,000 won apiece, when the actual price was around 560,000 won. The Seoul Central District Court ruled, however, that Korea Zinc's directors could not be deemed to have violated their managerial duties, given the steps they took before making the purchase. It also ruled that the action did not violate the Commercial Act or the company's articles of incorporation.

An allegedly armed man has been taken to hospital in a serious condition after being shot by police in Sydney’s south-west.

Increasingly complex in-car touchscreen menus are unnecessarily distracting drivers, experts say, with calls to force manufacturers to redesign car controls.

Amplia Therapeutics has advanced its cancer drug narmafotinib across four trials, with data suggesting it may work independently of common tumour-causing KRAS gene mutations.