More from Headlines Cabinet approves universal cash grant amid controversy President Lee Jae Myung convened a Cabinet meeting Thursday and approved a 15.2 trillion won ($11 billion) budget allocation for a handout of cash-equivalent vouchers to all South Koreans to boost consumption amid growing recession fears. S. Korea suffers OECD's 4th-biggest AI brain drain x Kakao Bank wins approval for Thailand's first virtual bank x K-drama industry stands at crossroads: experts x
