August 29, 2026
Stories from this day
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Economy · 3 min readKOSPI closes at 6,788.88 on August 28, 2026 — foreigners sell 1.76 trillion won on chip tariff report
Index — KOSPI 6,788.88, down 123.49 points or 1.79 percent, ending a three-day advance
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Tech · 3 min readUS weighs second round of chip tariffs (August 27, 2026) — servers and laptops in, data center exemption out
Scope — Not just chips but servers, laptops and game consoles. January's data center exemption would go
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Economy · 3 min readWarsh's first Jackson Hole speech (August 28, 2026) — September hike odds jump to 56 percent in a day
Message — The economy is strong, but underlying inflation has not improved. More work to do
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Economy · 2 min readS&P 500 closes at 7,711.76 on August 28, 2026 — down for the day, up for the week
Indices — S&P 500 7,711.76 (−0.25%), Nasdaq 26,402.42 (−0.52%), Dow 53,559.99 (−0.02%)
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Tech · 2 min readJudge rules Pentagon's 'supply chain risk' label on Anthropic unlawful (August 27, 2026)
Ruling — The supply-chain risk label was unlawful retaliation against protected speech, and denied due process
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World · 3 min readNepal-Tibet glacier collapse flood (August 26, 2026) — 472 dead, 1,535 missing
Toll — As of August 28: 472 dead (469 Nepal, 3 Tibet) and 1,535 missing (977 Nepal, 558 Tibet)
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Issues · 3 min readKorea's new child allowance and birth grant, July 2027 — up to 600,000 won a month for ages 0 to 1
New — A childbirth grant of 10 to 20 million won and a basic child allowance of up to 600,000 won a month. Both start July 2027
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Tech · 3 min readNvidia pauses its revenue-sharing program — a July launch stopped in under two months
What — Parts of the AI Compute Partnership, launched July 2026, paused. Under two months in
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Economy · 3 min readWhat Section 232 tariffs are — how a president taxes imports without Congress
Definition — Lets the president restrict imports once Commerce finds a national security threat
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Issues · 4 min readHow Korea's budget gets decided — why a ministry announcement is not a settled number
Structure — The government drafts, the National Assembly reviews and finalizes. Article 54 of the Constitution