South Korea's KOSPI closed up 104.16 points, or 1.53%, at 6,912.37 on Thursday, Aug. 27.

Al Jazeera reports an Iraqi Defense Ministry spokesman said Iraq will sign contracts to purchase air-defense systems in the near term.

Qunhe Technology has launched Lux3D, a proprietary 3D generative model offering standard and fast modes. Users can upload a single image or submit a text prompt to produce 3D assets—meshes, materials and 3D Gaussian representations—with material rendering cited as the model’s core improvement. In fast mode a single model can be generated in as little as 20 seconds. Lux3D includes a Harness mode for integration into AI coding and 3D modelling tools to support batch 3D content generation.