Kenji Tanaka

South korea rural street at night

Record Loan Balances at Samsung and SK Hynix Signal Growing Caution Beneath the KOSPI’s Surface

South Korea’s KOSPI closed at a fresh record high of 5,969.6 on Tuesday, driven by heavy institutional buying that propelled the benchmark toward the symbolic 6,000 level. Beneath the surface, however, a less sanguine indicator has caught the attention of risk-focused investors. Loan transaction balances, a key metric for monitoring potential short-selling activity, have reached…

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Asia’s AI Governance Fragmentation Is a Feature, Not a Bug. But It Will Cost Everyone Money.

The AI regulatory landscape across Asia in early 2026 presents a paradox. Governments across the region have intensified their efforts to establish governance frameworks for artificial intelligence with unusual speed and seriousness. The approaches they have chosen are diverging so rapidly that compliance costs for companies operating across multiple jurisdictions are rising faster than the…

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South Korea’s AI Basic Act Has Teeth. Companies Across Asia Should Pay Attention.

South Korea’s Framework Act on Artificial Intelligence Development and Establishment of Trust, commonly known as the AI Basic Act, went into enforcement on January 22, 2026. The timing matters. South Korea is now the first country in Asia with a comprehensive, binding AI governance law that carries extraterritorial reach, transparency obligations, and mandatory risk assessments…

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China’s January Regulatory Reset Demands a Rethink From Every Foreign Company Operating There

January 1, 2026 brought a cluster of regulatory changes in China that, individually, might be described as incremental. Taken together, they represent a material shift in how foreign companies must structure their operations, manage their data, and price their risk. The most technically significant change is the new Value-Added Tax Law, which replaced the existing…

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China’s New VAT Law Takes Effect, Reshaping the Tax Landscape for Foreign Investors

The VAT Law was adopted by the Standing Committee of the National People’s Congress in December 2024 after extended public consultation. While the government has emphasized that the new framework is designed to maintain the existing tax burden rather than increase it, the implementation regulations introduce several adjustments that multinational finance teams are reviewing carefully….

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