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People
Oh Hwa-kyung, head of Korea Federation of Savings Banks, joins 'Life-Saving Finance' campaign
Oh Hwa-kyung (오화경), head of the Korea Federation of Savings Banks, joined a relay campaign aimed at preventing harm from illegal private lending and spreading inclusive finance. The federation said on Aug. 5 that Oh took part in the 'Life-Saving Finance' campaign run by the Korea Inclusive Finance Agency. Oh joined after being nominated by the agency’s head, Kim Eun-kyung, and named Jeong Seong-ung and Kim Moon-seok as the next participants.
Finance
KOSPI surge triggers buy sidecar as gains widen above 6,600
South Korea's KOSPI extended early gains above the 6,600 level on Tuesday, triggering a buy sidecar in the main market for the first time in three trading sessions since July 31. The Korea Exchange activated the mechanism at 9:24:56 a.m., temporarily suspending the effectiveness of program buy orders for five minutes after KOSPI200 futures rose more than 5 percent above the benchmark price for over one minute.
Finance
K Bank launches 'Game Lounge' cash-reward app tech service
K Bank has launched a participatory app tech service that offers cash rewards for playing games and completing missions. The bank said it released 'Game Lounge', which bundles six app tech games and can be used inside the K Bank app without installing a separate application. Users receive real-time cash rewards by clearing stages or completing missions. K Bank is also running game-specific events, including cash payouts and prizes such as Nintendo Switch2 and Naver Pay points.
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AI & Enterprise
Korea Quantum Computing partners with German security firm to advance PQC migration platform business
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Industry
FuriosaAI to build 15 MW data centre in Sweden with RNGD
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Industry
Samsung Electronics unveils first 400-plus-layer V10 BV-NAND
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Finance
Hana Financial appoints Lee Seung-yeol as CIFO to strengthen inclusive finance governance
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Games & Commerce
KOCCA supports smaller Korean game makers' China expansion at ChinaJoy
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Finance
KOSPI surges past 6,600 as foreigners buy 309.7 billion won
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Telecommunications & Media
SKT Q2 operating profit jumps 67 percent on AI data centre growth
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AI & Enterprise
Cloocus and Wiz to join ISEC 2026 to outline enterprise security strategy in AI era
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Crypto
U.S. crypto policy exodus cuts odds of Clarity Act passage this year to 27 percent
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Games & Commerce
Coupang posts 835 billion won Q2 operating loss, swings to deficit from year ago
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Telecommunications & Media
Google Pixel 11 series preorder schedule emerges, 'Highlight' draws attention
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Crypto
500 bitcoins dormant for 12 years move as Coldcard security incident spreads
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Crypto
Texas pauses approvals for new grid-connected data centres; existing bitcoin miners relieved
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Finance
KakaoBank first-half net profit rises 24.4 percent to 328.0 billion won
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Games & Commerce
KakaoGames posts Q2 operating loss of 23 billion won, seeks rebound by expanding lineup