South Korean presidential chief of staff Kang Hoon-sik said the government plans to use additional tax revenue from the semiconductor boom to establish a Future Fund to finance major national investment projects, bolster long-term competitiveness and support 20–39-year-olds with housing, entrepreneurship and employment measures. Kang said the fund will back the government's three "super projects", address K-shaped economic polarization and serve as a cornerstone of President Lee's drive to make

South Korea's ruling Democratic Party on the 4th strongly rejected a recent U.S. House Judiciary Committee midterm report on e‑commerce firm Coupang, calling its findings seriously inaccurate and saying Coupang is attempting to shift blame for a large-scale user data leak. The U.S. report said Coupang had long been a target of the South Korean government and accused Seoul of carrying out forced investigations, imposing overly burdensome regulatory requirements and excessive fines. Party spokesperson Jang Yun‑mi said the U.S. report relied on Coupang's unilateral claims and unverified data and seriously distorted the government's position, adding South Korea will not apply discriminatory or unfair regulation based on a company's nationality and that Coupang should stop shifting responsibility onto the government.

The New South Wales government confirmed on the 4th that the state has detected H5N1 highly pathogenic avian influenza for the first time.