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Finance

Korea Post launches 'My All Day' debit card targeting middle-aged customers

The Ministry of Science and ICT’s Postal Service said it launched the 'Post Office My All Day Debit Card' on Aug. 18, reflecting key spending patterns of middle-aged customers. The card offers 5 percent cashback in areas such as dining, health, exercise, culture, leisure, travel and shopping, and 10 percent cashback on postal services including postage, EMS and Post Office Shopping. Cashback benefits can total up to 30,000 won a month depending on transaction performance.

Crypto

DonAlt says Ethereum could hit $10,000 but aims to take profit at $3,000

Cryptocurrency trader DonAlt, known for calling a rise in XRP, has set a technical target of $10,000 for Ethereum, U.Today reported. He posted on X that his official target is $4,000 and an unofficial macro target is $10,000, but said he intends to take profit at $3,000. DonAlt said he bought Ethereum around $1,900 on Aug. 13 and may add if it returns to $1,700 support.

Finance

KakaoBank to cancel 51% of treasury shares, use remainder for employee compensation

KakaoBank will cancel 270,000 of its treasury shares, or about half of the total it holds, within the legal deadline to enhance shareholder value, it said on Aug. 17. As of June 30, the company held 532,334 treasury shares, with the planned cancellation accounting for about 51 percent. The remaining 262,334 shares will be used for employee compensation. KakaoBank plans to seek shareholder approval in 2027 for a detailed holding and disposal plan.

All articles List

Korea Post launches 'My All Day' debit card targeting middle-aged customers

DonAlt says Ethereum could hit $10,000 but aims to take profit at $3,000

KakaoBank to cancel 51% of treasury shares, use remainder for employee compensation

NH NongHyup Financial to pool bank, brokerage and asset management strength to boost retirement pensions

KB Financial manages 20.8 trillion won in environmental ESG finance, targets 25 trillion won by 2030

Hands-on with Alibaba's Qwen3.8-27B: strong performance but thinks too much

OpenAI, AWS and GitHub back agent plugin standard

Science, ICT and interior ministries to push disaster safety network smartwatch development

Tech Insight: Why AI UIs need redesign beyond the chat window

KT, Seoul National University Hospital to build medical AX platform

LG Uplus expands AlDot plans bundling FacePay, draws interest from people in their 20s and 30s

Hana Bank to expand financial support in Incheon, launch 200 billion won unicorn fund

Finance sector on edge as talk grows of relocating key financial institutions from Seoul

Small AI models near large-model performance as Dokpamo second evaluation nears

DeepSeek Harness spreads in developer community as plug-in-based design draws attention

Changpeng Zhao to abandon public wallet after spam token cleanup sparks $30 million meme coin spike

Bloomberg strategist warns bitcoin could fall to $10,000

Mark Cuban says next investment boom will be AI chips, not bitcoin