The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently condensed into a one-minute read. Here’s a recap of what happened yesterday: Feb. 6.

The DeepSeek app is displayed on a smartphone screen in Beijing on Jan. 28, 2025./AP Yonhap News

South Korea tightens AI restrictions, bans DeepSeek in key ministries

South Korea has banned the use of the Chinese AI model DeepSeek across key government ministries, including foreign affairs, defense, and trade, to prevent potential data leaks from generative AI services. The move follows a broader directive urging caution in using AI models like DeepSeek and ChatGPT. DeepSeek, criticized for excessive data collection, has also faced bans in Australia, Taiwan, and Texas. The restrictions are now extending to the private sector, with companies like Korea Hydro & Nuclear Power, Kakao, and LG Uplus prohibiting its use for work-related tasks.

South Korea’s IPO hope LG CNS stumbles out of the gate, sliding nearly 10%

LG CNS, one of South Korea’s most anticipated IPOs, saw its stock tumble nearly 10% on its Feb. 5 debut, reflecting a sluggish market and concerns over dual listings. Despite strong fundamentals and significant interest during its subscription period, investor sentiment was dampened by fears of value dilution for LG Corp., its largest shareholder, and the high volume of existing shares sold without issuing new stock. Institutional and foreign investors offloaded shares, further driving down prices. Market analysts also questioned LG CNS’s valuation, citing its limited growth potential due to heavy reliance on LG Group affiliates for revenue.

BLACKPINK teases return with 2025 world tour announcement

BLACKPINK has officially announced its highly anticipated return with plans for a 2025 world tour, marking a new chapter for the global K-pop sensation. The teaser video released by YG Entertainment on Feb. 6 offers a glimpse of the group’s upcoming project, nearly 17 months after the conclusion of their record-breaking BORN PINK tour. While details on the tour’s schedule and scale remain undisclosed, YG has promised large-scale projects in line with BLACKPINK’s global prominence, heightening fan anticipation for the group’s next era.