August 28, 2026
Stories from this day
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Economy · 3 min readBank of Korea raises base rate to 3.00% on August 27, 2026 — growth forecast lifted to 3.3%
Decision — 25bp increase to 3.00 percent, a second straight hike and the first 3-handle in about 18 months
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Economy · 3 min readKOSPI closes at 6,912.37 on August 27, 2026 — a third straight gain, on the day rates rose
Index — KOSPI 6,912.37, up 104.16 points or 1.53 percent, a third straight advance
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Tech · 3 min readNvidia adds $442 billion in market value on August 27, 2026 — second biggest ever, behind Microsoft
Record — 442 billion dollars added in one session, second largest ever, 8 billion behind the record
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Economy · 2 min readS&P 500 closes at 7,730.99 on August 27, 2026 — Nasdaq up 1.57%, Dow up 0.2%
Indexes — S&P 500 at 7,730.99, up 0.72 percent. Nasdaq 1.57 percent, Dow 0.2 percent
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World · 3 min readUS seizes China state-sponsored hacking platforms (August 26, 2026) — NASA and the Fed were on the victim list
Action — Justice Department and FBI seized the domains behind QScan and QTRouter under court order
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World · 3 min readIran names 45 ships in violation of Hormuz rules (August 23, 2026) — five belong to Korea's Sinokor
Action — Iran's Persian Gulf and Strait Authority listed 45 tankers as transit rule violators
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Economy · 4 min readWhat the Korea-US rate gap is — what changes when 1.00 point narrows to 0.75
Definition — The difference between Korea's base rate and the US policy rate. US above Korea is called an inversion
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Tech · 4 min readWhat a botnet is — how thousands of other people's routers become the attacker's address
Definition — A network of malware-infected devices controlled remotely and in bulk by one operator
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Tech · 4 min readWhat the data center power crunch is — why Nvidia is buying into power developers
Bottleneck — Buildings take one to two years. Power takes longer. The constraint moved from chips to electricity
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Tech · 4 min readWhat MCP is — the standard for plugging tools into AI, and why it gets compared to USB-C
Definition — An open standard for how language models reach external tools, files and services