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Finance
KakaoBank runs interest support event for Akkim-e Bogeumjari loans
KakaoBank will provide interest support to ease financing burdens for homebuyers. The bank said on March 16 it will support up to 200,000 won in interest for customers who take out an Akkim-e Bogeumjari loan through KakaoBank in April and May. The product is a policy mortgage handled by the Korea Housing Finance Corporation and is available under income and home price caps, with preferential rates for eligible groups.
Games & Commerce
NC AI unveils 'K-world model' research, reaches 80 percent success rate in advanced robot tasks
NC AI said on Monday it demonstrated a World Foundation Model, or WFM, for robot intelligence as it seeks to enter the global physical AI market. The company said it trained and validated the model using its own research infrastructure and recorded success rates indicating practical applicability. It said its approach generates actions from latent-space information before video generation, improving efficiency and accuracy. NC AI said it trained the WFM using 25 percent of GPU resources needed to fine-tune global state-of-the-art models and achieved up to an 80 percent success rate on key tasks.
Crypto
Korbit builds redundant won deposit and withdrawal system
Korbit said on March 16 it has completed a redundant system for won deposits and withdrawals, which it described as the first in the digital asset industry. The company said the core of the project was diversifying the intermediary firm-banking network that connects Shinhan Bank, which issues Korbit’s real-name verified deposit and withdrawal accounts, with Korbit. Korbit added a system from financial IT solutions firm Douzone alongside Hecto Financial.
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Finance
KOSPI up more than 1 percent at open; Samsung Electronics, SK Hynix gain
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Finance
Kiwoom Securities commercial paper deposit balance tops 1 trillion won
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Games & Commerce
KakaoMap to pilot ultra-precise bus tracking with Seoul ahead of BTS concert
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AI & Enterprise
NHN Dooray to hold AI collaboration summit for public institutions in Daejeon on March 25
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Industry
Samsung SDI wins 1.5 trillion won ESS battery order in United States
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Telecommunications & Media
LG HelloVision to run AI digital training for vulnerable groups and small businesses in Gyeonggi
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Industry
Samsung Electronics AI appliances win first AI Trust Mark in South Korea
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AI & Enterprise
Namu Technology selected as AI voucher supplier, targets manufacturing, bio and finance AX
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AI & Enterprise
MegazoneCloud, Kookmin University jointly launch quantum computing course in business school
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AI & Enterprise
Nota added to three technology and growth ETFs in a row
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Finance
Korea Post says Goryeong local gift certificates can be used with a post office card
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Industry
AI demand reshapes semiconductor cycle
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AI & Enterprise
Coding AI all-out battle as inference-focused AI chip shake-up accelerates
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Telecommunications & Media
KT affiliates speed up executive shuffles ahead of Park Yoon-young era
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Finance
Second phase of public agency relocations raises tension in South Korea's financial sector