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Finance
RIA account launch draws funds in first week as big firms dominate, raising concerns for smaller brokerages
South Korea’s repatriation investment account (RIA) is attracting funds a week after launch, with sharp differences emerging between large and smaller brokerages. Korea Investment & Securities topped 10,000 subscribers in three trading days, while Samsung Securities reported more than 4,000 accounts and 30 billion won in balances. The product offers temporary tax breaks on gains from overseas stock sales if proceeds are converted to won and reinvested domestically for at least a year.
Games & Commerce
Quick commerce battle expands from delivery apps to hypermarkets and SSM
Competition in South Korea's quick commerce market is widening beyond delivery apps as e-commerce companies and corporate supermarkets (SSM) join the fray, industry sources said. With delivery times shrinking to around an hour, firms with dense urban store networks are gaining an advantage by using existing outlets as logistics hubs. The market is projected to grow from about 1.2 trillion won last year to about 5.9 trillion won by 2030, the report said.
AI & Enterprise
Anthropic seen posting $18 billion revenue in 2026 with $14 billion EBITDA loss
Venture capital firm Coatue, which led Anthropic’s $30 billion investment round completed in February, presented potential investors in January with materials assessing the company’s valuation, Newcomer reported. The slide deck estimated Anthropic would post $18 billion in revenue in 2026 and a $14 billion loss on an EBITDA basis. It projected a $30 billion annualised revenue run-rate by end-2026 and outlined larger revenue, profit and valuation forecasts for 2031.
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Industry
Ecopro HN signs 23.9 billion won Taiwan power plant equipment contract
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Industry
AI-driven NAND flash supply shortage hits memory card market
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AI & Enterprise
Microsoft unveils Copilot Cowork to expand multimodel AI agents
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AI & Enterprise
OpenAI Codex flaw could steal GitHub auth tokens via command injection
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Industry
AI chip startup Rebellion raises $400 million in pre-IPO round
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Crypto
Bitcoin supply profitability drops below 50 percent, seen as echoing early bull market phases
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Crypto
Dogecoin: Can it really go to the moon? Long-term price forecast for 2026-2032
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Crypto
Ethereum's market cap No. 2 position wavers as Polymarket sees 59 percent odds of losing to Tether in 2026
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Crypto
DeFi lending protocol Aave expands to OKX Ethereum Layer2 X Layer
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Crypto
Selling timing can decide XRP investment outcome even with 1,000 tokens
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AI & Enterprise
Vertiv to expand heat dissipation technology with ThermoKey acquisition
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Games & Commerce
Naver delays Naver Financial, Dunamu share swap by three months to Sept. 30
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Telecommunications & Media
Cho Il resigns suddenly as new KT Skylife CEO
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AI & Enterprise
NIPA, Korea Venture Investment sign MOU to boost AI industry ecosystem
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Telecommunications & Media
Kim Jong-cheol says committee preparing to set up Korea Broadcast Media Communications Promotion Institute