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WASHINGTON, April 28 (UPI) — Supreme Court justices appeared divided Tuesday morning about whether a U.S. tech company can be held liable for aiding the Chinese government’s alleged torture of a spiritual minority.

The case is centers on whether practitioners in China of the Falun Gong religion — also called Falun Dafa — can sue California-based tech company Cisco Systems for aiding and abetting violations of the 18th-century Alien Tort Statute and the Torture Victim Protection Act, which was enacted in 1992.

Cisco attorney Kannon Shanmugam called for barring aiding and abetting liability. He argued that allowing liability to be implied would harm the government’s separation of power.

Much of Tuesday’s debate hinged on whether the statute’s 200-year-old “law of nations” wording was applicable to the relatively more modern concept of human rights abuses, as well as whether the first Congress meant for the victim protection act to include second liability for aiding and abetting torture.

The case marks the latest attempt to define the scope of the statue, which for over two centuries has allowed foreigners to bring lawsuits in U.S. courts for serious violations of international law.

More than 20 years ago, Cisco developed and sold to the Chinese government a surveillance system, which the government used to find, interrogate and allegedly torture Falun Gong practitioners.

During arguments for Cisco Systems Inc. vs. Doe I, some justices emphasized Cisco’s awareness of their technology’s role in persecution, while others said that including liability for aiding torture in the alien tort statue contradicted with historical precedent and had foreign policy risks.

But no clear majority converged around either position in the conservative majority court.

“We’ve maybe misled Congress into thinking, ‘Oh, we don’t need to do anything about these human rights things, the courts are taking care of it,'” Justice Brett Kavanaugh said.

“I’m concerned at a separation of powers level that we’re not really allowing suits to go forward, but Congress thinks we are because of a lack of clarity in our case law.”

Justices Ketanji Brown Jackson and Sotomayor appeared more supportive of those who brought forward the original lawsuit — several Chinese nationals and one U.S. citizen.

Addressing the wording of the Torture Victim Protection Act, Sotomayor told Shanmugam: “I’m not sure how you get to your position that ‘subjects to’ can’t mean aiding and abetting because command liability doesn’t necessarily require subjecting someone to the torture.”

“It makes someone who’s in a command position who knows of the torture and permits it to happen … aiding and abetting. We’ve defined aiding and abetting as an active step in permitting and encouraging the substantive act.”

The Alien Tort Statute grants federal district courts original jurisdiction over any civil action in which an alien sues for a tort “committed in violation of the law of nations or of a treaty of the United States.”

“What’s the point of previous [Supreme Court] decisions that determined U.S. corporations could be defendants?” said Sophia Cope, senior staff attorney at Electronic Frontier Foundation, who helped write an amicus brief in support of the Falun Gong members.

“Excluding second liability from the ATS would be a huge loophole for companies to sell services which are used for human rights violations.”

By rejecting judicially created aiding and abetting liability, the court would close the last major loophole that the plaintiffs’ lawyers have “exploited” to keep cases with such claims under the ATS and TVPA alive, said Cory Andrews, vice-president of litigation at the Washington Legal Foundation. The foundation submitted a brief in support of Cisco in February.

“It would reaffirm that the ATS is a narrow 1789 statute, not a modern vehicle for global human-rights enforcement,” Andrews said.

The case had its origins 15 years ago. In 2011, the plaintiffs — 13 Chinese nationals and one U.S. citizen — filed the original suit in the District Court for the Northern District of California, claiming they were targeted using Cisco’s technology and then detained and tortured.

The district court dismissed the claims, but it was brought to the Supreme Court after a panel of federal judges on the U.S. Court of Appeals for the Ninth Circuit agreed in 2023 that the plaintiffs had met a legal threshold to continue with the lawsuit.

A decision is expected by the end of June.

Taiwan has downplayed the impact of new Chinese sanctions targeting European defense companies involved in arms sales to the island. The measures, announced by China, restrict exports of dual use goods to seven firms, marking a rare move against European entities over Taiwan related issues.

Despite the escalation, Taiwan’s Defence Minister Wellington Koo said the sanctions would not disrupt the island’s ability to procure military equipment.

China’s Expanding Use of Sanctions

Beijing has increasingly used economic and trade restrictions to respond to foreign involvement in Taiwan’s defense. While similar sanctions have frequently targeted U.S. arms manufacturers, extending them to European companies signals a broader willingness to pressure multiple partners simultaneously.

The move reflects China’s ongoing effort to isolate Taiwan internationally and deter military cooperation with the island.

Limited European Military Role

Europe’s direct role in arming Taiwan has historically been limited. Major defense exports such as fighter jets have not been supplied for decades due to concerns about damaging relations with China.

However, smaller scale cooperation and component level trade have continued, making these sanctions symbolically significant even if their immediate practical impact is modest.

Diversified Supply Strategy

Taiwan relies heavily on the United States for its defense needs, but it has also worked to diversify procurement channels in recent years. According to Koo, this strategy ensures that disruptions from any single source, including sanctioned European firms, can be mitigated.

Growing support from parts of Central and Eastern Europe, particularly after Russia’s invasion of Ukraine, has also provided Taiwan with additional diplomatic and logistical avenues.

Geopolitical Context

The sanctions come amid heightened global tensions and shifting alliances. China views Taiwan as its own territory and strongly opposes any foreign military assistance to the island.

At the same time, Taiwan’s security concerns have intensified, prompting it to strengthen international partnerships and defense preparedness.

Analysis

China’s decision to target European companies represents an escalation in its economic statecraft, aiming to widen the cost of supporting Taiwan beyond the United States. While the immediate impact on Taiwan’s military capabilities appears limited, the move could have a chilling effect on future European involvement.

Taiwan’s confidence reflects its reliance on U.S. support and its broader diversification strategy. However, repeated sanctions and pressure campaigns could gradually narrow its options, especially if European firms become more risk averse.

For Europe, the sanctions pose a strategic dilemma between economic ties with China and growing political alignment with Taiwan and its partners. For China, they reinforce its stance on sovereignty while testing how far it can push back against international support for Taiwan without triggering broader backlash.

Overall, the episode underscores how economic tools are increasingly being used in geopolitical competition, even when their direct material impact remains limited.

With information from Reuters.

Shipping companies said several things had to be clarified, including the presence of mines, Iranian conditions, practical implementations.

Shipping companies have cautiously welcomed Iran’s announcement that the Strait of Hormuz is open but said they would require clarifications, including about the risk of mines, before vessels move through the entry point to the Gulf.

Iran’s Foreign Minister Abbas Araghchi said on Friday that the Strait of Hormuz was open to all commercial vessels during a 10-day Lebanon ceasefire accord, prompting a fall in oil and other commodity prices while stock markets rose.

All commercial ships, including United States vessels, can sail through the strait, although their plans need to be coordinated with Iran’s Islamic Revolutionary Guard Corps, a senior Iranian official told the Reuters news agency.

Transit would be restricted to lanes which Iran deemed safe, adding that military vessels were still prohibited, the official said.

“We are currently verifying the recent announcement related to the reopening of the Strait of Hormuz, in terms of its compliance with freedom of navigation for all merchant vessels and secure passage,” said Arsenio Dominguez, secretary-general of the United Nations shipping agency, the International Maritime Organization.

The Norwegian Shipowners’ Association said several things had to be clarified before any ships could transit the strait, including the presence of mines, Iranian conditions and practical implementation.

“If this represents a step towards an opening, it is a welcome development,” said Knut Arild Hareide, CEO of the association which represents 130 companies with some 1,500 vessels.

Shipping association BIMCO cautioned members on returning to the strait.

“The status of mine threats… is unclear and BIMCO believes shipping companies should consider avoiding the area,” said Jakob Larsen, BIMCO’s chief safety and security officer.

The threat posed by mines in parts of the strait is not fully understood, and avoidance of the area by ships should be considered, a US Navy advisory on Friday, seen by Reuters, also said.

German shipping group Hapag-Lloyd on Friday said it was working for its ships to sail through the strait “as soon as possible”, but added that several questions remained.

“Our crisis committee is in session and will try to resolve all open items with the relevant parties within the next 24-36 hours,” it added.

Its Danish peer Maersk said it was closely monitoring the security situation and would act based on its risk assessment.

France’s CMA CGM and Norwegian oil tanker group Frontline declined to comment.

A recent route imposed by Tehran through its territorial waters near Larak Island would present navigational challenges even if vessels were not required to pay a toll, and would raise questions regarding compliance and insurance, said Matt Wright, lead freight analyst at data intelligence firm Kpler.

US President Donald Trump on Friday said Iran had agreed to never close the strait again, and that it was removing sea mines from it.

One of the world’s most important maritime chokepoints, disruption in the strait has forced shipping companies to suspend sailings, reroute cargo and rely on costly workarounds to keep goods moving in and out of the Gulf.

The International Monetary Fund has downgraded its global growth forecast for 2026 from 3.3 to 3.1 percent, citing the impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy.

The war has damaged energy infrastructure across the Gulf, while critical exports like oil, gas, chemicals and fertiliser remain largely stranded by Iran’s shutdown of the strait and the subsequent US naval blockade of Iranian ports.

In the worst-case scenario of a prolonged war, the IMF said global growth could fall to 2.5 percent in 2026, with low-income and developing economies hit the hardest by soaring commodity and energy prices. The global shipping and logistics industry is facing a separate crisis.

But every economic crisis also has beneficiaries: despite the dire macroeconomic outlook, some corners of the global economy are thriving on the uncertainty.

Here’s a look at five industries that are doing well either despite – or because of – the darkening economic outlook.

Wall Street investment banks

Global investors have been on a rollercoaster since the start of US President Donald Trump’s second term last year. The president’s erratic decision-making, where he often issues an ultimatum one day and then changes it the next, has led traders to coin the term “TACO trade”, where TACO stands for “Trump Always Chickens Out”.

The recent volatility has made some investors anxious, but it’s been a boon to investment banks, which make millions in commissions and revenue from the surging volume of trade, according to Sean Dunlap, a director of equity research at Morningstar Research Services.

“Clients want to reposition, so they trade frequently,” he told Al Jazeera. “Spreads tend to increase, which increases the profitability for trade intermediaries like banks.”

First-quarter results for 2026 – released this week – showed that Morgan Stanley reported a profit of $5.57bn, up 29 percent year on year, while Goldman Sachs reported a profit of $5.63bn, up 19 percent year on year.

JP Morgan Chase also reported major gains, with first-quarter earnings of $16.49bn, up 13 percent year on year. The banks all cited high levels of trading, deal-making, and “robust client engagement” as the reasons behind surging profits.

The boomtime for banks could reverse course, however, if volatility persists for too long, Dunlap warned, because investors may become increasingly cautious and less willing to borrow money to make trades.

Prediction markets

As mainstream Wall Street banks reap profits, the crypto-based prediction platform Polymarket has been earning upwards of $1m a day since the start of the month by letting users make peer-to-peer bets on everything from sports tournaments to elections.

Polymarket has been doing well since the start of the war, but it revised its fee structure on March 30 to cash in even more on its popularity.

Rival platforms like Kalshi, Novig and Robinhood also follow the same business model, but Polymarket has been the standout winner of 2026 because it controversially allows users to bet on the outcome of conflicts like the Iran war.

Polymarket revised its fee structure on March 30 to cash in on its popularity. The change has already netted the platform more than $21m in fees since April 1, up from $11.6m for all of March and $6.23m for all of February, according to DefiLlama, a website that provides data analysis for decentralised finance platforms.

If the current trend continues, Polymarket could make $342m in fees this year alone, according to DefiLlama’s analysis.

Anonymous users have also made millions correctly predicting the dates of major events like the US-Iran ceasefire, but the outcomes for rank-and-file users are typically less impressive.

Researchers found that the top 1 percent of Polymarket users captured 84 percent of all trading gains, according to a new report released this month analysing 70 million trades from 2022 to 2025. The returns are so high that US federal regulators have pledged to crack down on insider trading in prediction markets following suspiciously well-timed bets on Iran war outcomes.

Aerospace and defence

Unsurprisingly, the aerospace and defence industries are booming this year due to major conflicts in Ukraine, Iran, Sudan, Gaza and Lebanon and a surge in global defence spending.

About half of the world’s countries have increased their military budgets over the past five years, according to an April report from the IMF, which means they are also buying everything from drones to missiles — more than ever before. Demand is growing particularly fast in Europe, where NATO countries have committed to raising defence spending to 5 percent of gross domestic product (GDP) by 2035.

The defence industry has, in turn, seen major gains on the stock market. The MSCI World Aerospace and Defence Index – which tracks aerospace and defence stocks across 23 global markets – reported net returns of 32 percent year on year at the end of March.

The defence index outpaced the MSCI World Index, which tracks 1,300 large and mid-cap companies across the same 23 markets. The index, which gives a broader overview of global stock markets, reported net returns of 18.9 percent over the same period.

Artificial intelligence

Last year, the United Nations Trade and Development (UNCTAD) office predicted that the AI industry would grow from $189bn in 2023 to $4.8 trillion by 2033, and the Iran war does not seem to have dented the outlook.

“Despite the shocks from the Iran war, we’re still seeing resilience in a lot of sectors like artificial intelligence and renewable energy,” said Nick Marro, lead analyst for global trade at the Economist Intelligence Unit.

One metric for the AI boom has been the high volume of semiconductor chips still being exported out of East Asia, he said. At the top of the chart is chipmaking powerhouse Taiwan, which reported record-breaking merchandise exports of $80.2bn in March, up 61.8 percent year on year, according to EIU analysis.

The surge was led by exports to the US, which grew by 124 percent year on year, the EIU said.

Taiwan Semiconductor Manufacturing Company, the world’s top chipmaker better known by its acronym “TSMC,” on Thursday posted a net income of 572.8 billion New Taiwan Dollars (NTD) ($18.1bn) for the first three months of 2026 – up 58 percent year on year in NTD.

Another metric, initial public offerings or “IPOs,” also shows that the industry is confident for the moment, with industry leaders Anthropic and OpenAI both planning to go public this year.

Renewable energy

The Iran war has highlighted the need to transition from fossil fuels not only for environmental reasons, but also for reasons of energy security. The war marks the third major energy shock this decade, following the COVID-19 pandemic and the 2022 Russian invasion of Ukraine.

The Iran war has “boosted” renewable energy “given the urgency to switch away from fossil fuels and diversify towards renewable sources,” Marro of the EIU said.

Even before the Iran war began, the International Energy Agency reported that global governments were already taking active measures to invest in renewable energy for geopolitical reasons.

According to an IEA report released this month, “150 countries have active policies to advance renewable and nuclear deployment, 130 have energy efficiency and electrification policies, and 32 have policies to incentivise supply chain resilience and diversification across critical minerals and clean energy technologies.”

The Iran war has triggered another flurry of policymaking in Asia, which typically buys 80 to 90 percent of the oil and gas that transits through the Strait of Hormuz. Since the shutdown, the region has been struggling to find alternative sources of energy, forcing governments to deploy emergency measures like fuel rationing and price caps.

South Korea, Thailand, India, Cambodia, Indonesia, Vietnam and the Philippines have all announced a variety of measures from tax breaks for at-home solar panels to commissioning new renewable energy projects – and even restarting nuclear reactors.

The surge in policymaking has been good for the renewable industry. The S&P Global Clean Energy Transition Index, which tracks 100 companies that produce solar, wind, hydro, biomass and other renewable energy across emerging and developed markets, is up 70.92 percent year on year.

April 16 (UPI) — British Prime Minister Keir Starmer put the big five social media firms on notice Thursday that he was considering state intervention, including the nuclear option of a ban, if they did not do more to protect children from being harmed by their products.

Starmer warned executives from Meta, Snap, Google, TikTok and X at a meeting in Downing Street that something had to give, saying a ban on children accessing their platforms would be “preferable to a world where harm is the price” for social media use.

“Things can’t go on like this, they must change because right now social media is putting our children at risk. In a world in which children are protected, even if that means access is restricted, that is preferable to a world where harm is the price of participation,” said Starmer.

“I am determined we will build a better future for our children, and look forward to working with you on this. I do think this can be done. I think the question is not whether it is done, the question is how it is done,” he added.

Executives attending the meeting included Google U.K. managing director Kate Alessi, Markus Reinisch, a public policy principal at Meta, and X’s global government affairs director Wifredo Fernandez.

TikTok was represented by Alistair Law, director of public policy for northern Europe, while Snap was represented by Europe president Ronan Harris.

Starmer put to the firms the negative impacts of social media use on children’s ability to concentrate, their sleep, relationships and the way they view the world that have been flagged by parents and child experts.

“It’s clear to me that parents aren’t asking us for tweaks at the edges, they’re asking us whether a system that clearly isn’t working for children should be allowed to continue at all. Companies have to grip this and work with us to do better by British children,” he said.

No. 10 had earlier acknowledged that some of the tech firms had “stepped up” by disabling autoplay of videos for children by default and providing better tools to parents to limit the amount of time their children spend looking at screens, but took a much tougher line at Thursday’s meeting.

Starmer’s Labour administration has previously pushed back on pressure from parents, educators and child safety advocates for an Australia-style ban for children younger than 16 on fears it could drive them onto the dark web and make them more vulnerable when they eventually begin using the apps by hindering development of their digital skills.

Most social media sites operating in Britain do not permit children younger than 13 to use their products.

However, in the past three months, Starmer’s administration has twice been forced to use its House of Commons majority to override two efforts by the House of Lords, the upper chamber of Parliament, to amend a government bill to include a ban for children younger than 16.

The most recent of these was on Wednesday in which the government defeated the Lords’ latest attempt to force through a ban, but with a reduced majority from the previous vote on March 10. More than 240 of 650 MPs either failed to show or abstained.

In January, 60 Labour Party backbenchers signed a letter urging Starmer to bring forward a ban.

The government managed to fend off the first challenge in March by launching a three-month public consultation on how to proceed with anticipation inside his administration growing that Starmer will yield to pressure for a ban when the findings are published in the summer.

April 5 (Asia Today) — The number of financially vulnerable companies in South Korea has surged to a record high, with many firms struggling to cover even interest payments as high borrowing costs and weak domestic demand persist.

According to data from five major commercial banks, 3,364 companies were classified as at high risk of becoming distressed in 2025 credit assessments, up 828 from a year earlier. The figure marks the highest level since records began in 2005 and exceeds levels seen during the COVID-19 pandemic.

The increase reflects prolonged high interest rates and a slow recovery in domestic consumption, which have made it difficult for many firms to repay both principal and interest on loans.

More companies are also slipping into actual distress. Firms categorized as showing clear signs of financial trouble rose to 45, while those deemed unlikely to recover climbed to 98.

The strain is evident in broader financial indicators. The Bank of Korea said 46.4% of companies had an interest coverage ratio below 1 as of the third quarter of last year, meaning nearly half were unable to generate enough operating profit to cover interest expenses.

The rise in vulnerable firms is adding pressure on banks, which are already tightening lending standards. Non-performing corporate loans at the five major banks reached about 4.2 trillion won ($3.1 billion), even as overall corporate lending growth slowed.

Banks have responded by applying stricter credit risk assessments, but the rapid increase in troubled borrowers is raising concerns about asset quality in the financial sector.

Analysts warn that risks could grow further if geopolitical tensions in the Middle East continue to push up oil prices, fueling inflation and weakening corporate profitability.

A central bank official said prolonged external shocks could erode companies’ ability to service debt, potentially undermining financial stability.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260406010001361

Caracas, March 30, 2026 (venezuelanalysis.com) – The US Treasury Department has published three sanctions waivers related to the Venezuelan mining sector.

On Friday, the Treasury’s Office of Foreign Assets Control issued general licenses 51A (GL51A), 54 (GL54) and 55 (GL55) to authorize Western conglomerates’ dealings with Venezuelan minerals.

GL51A allows US entities to engage in operations to purchase, transport, and sell “Venezuelan-origin minerals, including gold.” However, it does not permit extraction or refining activities. The waiver replaced General License 51, which established conditions only for gold-related operations.

GL54 allows US entities to provide “goods, technology, software, or services” connected to mining activities in Venezuela. Finally, GL55 grants corporations permission to engage with Venezuelan state entities to negotiate contracts, but requires them to apply for a specific license before the contracts are enacted.

The latest US Treasury sanctions exemptions mirror recent licenses related to the Venezuelan energy industry, blocking transactions with entities from Cuba, China, Iran, North Korea, and Russia. They likewise mandate that all Venezuela-bound payments be made to a US Treasury-run account. Since January, the Trump administration has imposed control over Venezuelan oil exports, collecting revenues before disbursing a portion at its discretion to Caracas. 

On Friday, Canadian conglomerate Roland Mineral Enterprises announced plans to “aggressively seek out and acquire interests in Venezuelan mineral properties.”

“Recent material events in Venezuela, including the new Draft Mining Law, make Venezuelan gold, silver and copper deposits and resources especially attractive for pioneering, transformative and rapidly adaptable resource companies like Roland Mineral Enterprises,” a press statement read.

Roland went on to disclose deals to access information on Venezuelan natural resource deposits and declare interest in gold projects such as Las Cristinas, estimated to contain over 14 million ounces of gold.

Western interest in Venezuelan minerals was boosted by a recent visit from US Interior Secretary Doug Burgum, who holds the natural resource portfolio. Burgum, accompanied by over 20 US and Canadian mining executives, held a meeting with Venezuelan Acting President Delcy Rodríguez and trumpeted the lucrative opportunities in the sector.

Burgum’s visit also saw US $100 million worth of gold bars shipped to the US in a deal involving Trafigura.

The negotiation of mining contracts remains contingent on an ongoing process to introduce new legislation. On March 9, the Venezuelan National Assembly preliminarily approved a new Organic Mining Law establishing favorable conditions and incentives for foreign capital.

Legislators have advanced in debating a second and updated version of the law, approving the first 55 of its 130 articles on Thursday. A final session is expected in early April. According to a draft of the latest version of the law seen by Venezuelanalysis, the bill establishes a new regulatory framework for mining at different scales, while also allowing private companies to take disputes to international arbitration.

The law expands conditions for private mining concessions, which can last up to twenty years and be renewed for two additional ten-year periods, and do not require National Assembly approval. Additionally, the executive can lower fiscal responsibilities for mining firms at its discretion. The law establishes 13 and 6 percent caps for royalties and a mining tax.

The law’s approval will repeal the current mining law, approved by the Hugo Chávez government in 1999, as well as a 2015 decree imposing state control over mining activities. Since 2015, the Nicolás Maduro administration looked to mining as a potential revenue source, particularly in the 112,000 square-kilometer Orinoco Mining Arc. Nevertheless, the sector was targeted by US sanctions, while the proliferation of irregular mining groups has generated environmental and human rights concerns.

Venezuela possesses vast proven reserves of gold, iron, and bauxite, as well as lesser quantities of copper and nickel. Analysts have also drawn attention to Venezuela’s significant reserves of coltan.

Venezuela’s mining reform follows a pro-business overhaul of the country’s Hydrocarbon Law. In recent weeks, Western energy giants Chevron, Eni, Repsol, and Shell have signed agreements for oil and gas exploration under the improved conditions of the new law. Acting President Rodríguez has touted the country’s reforms in lobbying foreign investors.

In parallel to oil and mining, Venezuelan authorities are also preparing to open the state-run electric sector to private capital. Acting President Rodríguez announced legislative reform plans, while a spokesman for the FEDECÁMARAS business lobby reported that Siemens and General Electric recently sent delegations to evaluate Venezuela’s electrical infrastructure.

Edited by Lucas Koerner in Fusagasugá, Colombia.

March 19 (Asia Today) — South Korean game companies are increasingly taking popular intellectual property beyond screens, launching immersive offline experiences to deepen engagement and diversify revenue.

The shift reflects efforts to reduce the industry’s reliance on new game releases, which can drive sharp swings in earnings. By combining well-known titles with venues such as aquariums and theme parks, companies aim to boost profitability while strengthening brand loyalty.

Experiential offerings typically include photo zones, merchandise sales and live events, creating both direct revenue and indirect benefits by encouraging players to return to games. Industry officials say the approach also opens the door to expansion into animation, performances and theme parks.

Devsisters will host “Cookie Run in Lotte World Aquarium: Ocean Adventure” from Thursday through June 7, transforming multiple floors of the aquarium into nine themed zones. The event blends eight signature Cookie Run characters with marine life, offering visitors an interactive storyline.

The exhibition also introduces an augmented reality stamp tour, allowing visitors to play mini-games on their smartphones and receive rewards such as character voice messages. Merchandise tied to the franchise will be sold on-site.

The company plans additional tie-ins, including a collaborative program at the “Sky Run,” a 123-floor vertical marathon at Lotte World Tower on April 19.

Nexon is pursuing a similar strategy with “MapleStory in Lotte World,” running through June 14 in Seoul’s Songpa district. The event features a themed “Maple Island” zone, along with recreations of in-game locations such as Henesys and Arcana.

Visitors can import or customize their in-game characters at dedicated experience zones. The event also includes retro gaming areas and themed products such as a “Red Potion” drink inspired by in-game items.

Other major firms are following suit. Krafton has operated pop-up stores based on “PUBG: Battlegrounds,” while Netmarble has hosted events featuring its “Kungya Restaurants” franchise.

“As pop-up stores, exhibitions and collaborations expand, game-based cultural content will become more diverse,” an industry official said.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260319010005893

March 18 (Asia Today) — A South Korean civic group on Wednesday called for changes to ethics laws after finding that dozens of former police officers took jobs at law firms shortly after retirement, raising concerns about potential conflicts of interest.

The People’s Solidarity for Participatory Democracy said 144 retired police officials joined law firms between January 2020 and February 2026, based on data from the government ethics oversight body.

Of 228 post-retirement employment reviews during that period, 63.2% were approved, allowing former officers to take positions at law firms, the group said.

Nearly half of those cases – 68 out of 144 – involved individuals who joined law firms within three months of leaving the police force.

The group said the trend raises concerns that former officers could still wield influence over active investigators, particularly because many held mid-level supervisory roles directly involved in criminal investigations.

Such overlap could undermine the neutrality and fairness of police work, it added.

The civic group also noted that the expanding role of police following recent criminal justice reforms has increased the need for stronger safeguards to ensure impartial investigations.

It called for revising the Public Officials Ethics Act, arguing that current rules do not sufficiently restrict employment at law firms for retired officials who hold legal qualifications.

The group urged lawmakers to amend the law to require stricter review of such employment and prevent potential conflicts of interest.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260318010005507