All articles List
Finance
Samsung Securities clears hurdle for short-term note licence; decision as early as September
A sanction related to Samsung Securities’ hub-branch sales practices that had blocked its entry into the short-term note business has been resolved. South Korea’s Financial Services Commission finalised the institutional penalty as a warning, which is not a disqualifying reason for a short-term finance licence. With the penalty level set, regulators are expected to resume the licensing review. A decision could come as early as the Sept. 9 regular meeting.
Finance
Foreigners snap up 8.8 billion won as retail dumps 10.4 billion won
South Korea’s KOSPI rose more than 1,000 points in a single session for the first time, setting records for both the point gain and percentage rise. Foreign investors led flows, net buying 8.8 billion won of domestic shares across the regular market and NextTrade, with SK Hynix and Samsung Electronics the top purchases. Retail investors posted a record net sell of 10.4 billion won.
Games & Commerce
SOOP posts Q2 operating profit of 12.6 billion won, to bolster streamer ecosystem, AI and ads
SOOP said it will push a platform overhaul in the second half focused on attracting new streamers and boosting user engagement. The company plans to introduce a system where streamers discover and foster new creators, roll out AI-based UI and UX changes, and build an integrated marketing consulting brand by combining advertising capabilities across affiliates. SOOP reported second-quarter revenue of 103.8 billion won and operating profit of 12.6 billion won, both down from a year earlier.
-
Finance
KOSPI surges over 1,000 points after three-day slump, posts record gain
-
Crypto
Ondo Finance considers acquisition of up to $500 million
-
AI & Enterprise
MiniMax unveils H3 video generation model amid open-weight push
-
Finance
Shinhan Bank to run heatwave shelters at branches nationwide
-
AI & Enterprise
ElevenLabs expands ElevenAgents channels, adds support for SMS, Telegram
-
Finance
KOSPI surges 14 percent on foreign buying in record one-day rebound
-
AI & Enterprise
MSIT steps up work on 2045 science and technology frontier strategy
-
Industry
Musk dodged merger talk, then Tesla China sale speculation emerges
-
Mobility
U.S. approves first paid Zoox robotaxi service without steering wheel or pedals
-
Telecommunications & Media
Apple iOS 27 has hidden cards: 5 new features missing from beta
-
AI & Enterprise
Tim Cook says Siri AI not ready in China as Apple rolls out Apple Intelligence first
-
Crypto
CryptoQuant sees bitcoin, ether in wait-and-see phase with no clear buyers or sellers
-
AI & Enterprise
ChatGPT 'tell me why I should not buy it' helped cut unnecessary spending
-
Finance
NH NongHyup Bank launches NH Modotour travel savings product
-
Crypto
Ray Dalio says he holds bitcoin but only 1 percent, still prefers gold