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Former Kakao Vice President Kim Se-woong Appointed Head of National AI Service Promotion Task Force Director Kim is a private-sector expert with extensive experience and organizational management capabilities in the AI service sector, ranging from artificial intelligence technology development and service commercialization to infrastructure building, after founding and managing the tech startup Mightyworks in 2009. SBS Nov 1, 2026 1:59 PM

FATF Maintains North Korea's Status as 'High-Risk' Country for Money Laundering and Terrorist Financing The Financial Intelligence Unit under South Korea's Financial Services Commission announced today that this decision was made during the 35th FATF Plenary held at the Organisation for Economic Co-operation and Development headquarters in Paris, France, from October 26 to 30. SBS Nov 1, 2026 1:55 PM

SME Minister Lee So-young: "Rationalize Regulations on New Industries Like Hemp While Ensuring Safety" Minister Lee made the remarks during her visit to the industrial hemp regulation-free zone in Andong as part of her "field tour of small and medium-sized enterprises and small business owners in the Gyeongsang region" held from October 30 to 31, adding, "We will examine the cultivation and extraction technologies accumulated in the Andong, Gyeongsangbuk-do hemp regulation-free zone, the results of whole-cycle safety management demonstrations, and the necessity of existing regulations." Minister Lee inspected the demonstration achievements of the hemp zone alongside Gyeongsangbuk-do Governor Lee Cheol-woo, People Power Party lawmaker Kim Hyung-dong, and others, while discussing ways to link regulatory reorganization and institutionalization with related companies. SBS Nov 1, 2026 1:44 PM

Japan Changes Duty-Free System: From In-Store Discounts to Airport Refunds According to local media and other sources today , the previous system—where foreign tourists presented their passports at duty-free shops and purchased items excluding tax—has been replaced. SBS Nov 1, 2026 1:37 PM

Imminent US Airstrikes on Iran or Diplomatic Breakthrough? Pressures Rise Over Nuclear Facilities and 'Infinite Response' President Donald Trump and Iranian Supreme Leader Mojtaba Khamenei Amid speculations that a fresh U.S. SBS Nov 1, 2026 1:35 PM

3 Vehicles Collide on Jungbu Inland Expressway in Seongju; 2 in Cardiac Arrest today , a three-vehicle collision occurred near the Seongju Rest Area on the Jungbu Inland Expressway bound for Yangpyeong in Chojun-myeon, Seongju-gun, North Gyeongsang Province. SBS Nov 1, 2026 1:11 PM

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Rain Across Most of Country on First Day of November; Chilly Even During Day On this first day of November, rain is falling across most parts of the country. SBS Nov 1, 2026 12:33 PM

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Assembly Enters 820 Trillion Won Budget Review; 162 Trillion Won 'Future Fund' Key Battleground As the National Assembly concludes its monthlong parliamentary audit and begins reviewing next year's budget proposal worth 820 trillion won this week, a fierce budget standoff between the ruling and opposition parties is expected to begin. SBS Nov 1, 2026 12:30 PM

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South Korea's Exports Exceed $900 Billion for First Time... Annual '$1 Trillion' Goal Within Reach South Korea's cumulative exports from January to October have surpassed $900 billion for the first time in history. SBS Nov 1, 2026 12:29 PM

Asian Games Bronze Medalist Jung Ji-min Wins Gold in Speed at World Climbing Asia Series Competed yesterday at the Gunsan Climbing Center in Gunsan, North Jeolla Province, at the World Climbing Asia Series Gunsan 2026 women's speed final, Jung recorded 6.394 seconds to edge out China's Fan Jinwei by 0.004 seconds and take the title. SBS Nov 1, 2026 11:55 AM