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Fintech
KOSPI surges over 7 percent to reclaim 8,300 level; Kosdaq also back above 1,000
South Korea's KOSPI rose more than 7 percent early on Thursday, reclaiming the 8,300 level as investor sentiment improved after overnight gains on Wall Street. Semiconductor heavyweights including Samsung Electronics and SK Hynix led the advance. A buy-side car was triggered for the first time in three sessions as KOSPI200 futures surged. The Kosdaq also jumped, returning above 1,000. The won weakened to 1,521.80 per dollar.
Telecommunications & Media
WorkSphere to partner with Hanwha Eagles for 2026 season marketing
WorkSphere, an AI and data-based HR tech group that operates JobKorea and Albamon, said on Thursday it signed a marketing partnership with professional baseball club Hanwha Eagles for the 2026 season. The company said it is working with the club for a third consecutive year. Hanwha Eagles players will compete in 2026 wearing uniforms with JobKorea and Albamon brand patches, it said.
AI & Enterprise
ABB links enterprise IoT with Samsung Electronics for smart building operations
ABB said on Thursday it will introduce an integrated solution linking Samsung Electronics' enterprise IoT platform SmartThings Pro with its building automation solution ABB Ability BuildingPro. ABB said the integration allows building owners and operators to access building data, insights and control functions in a more connected environment. The collaboration extends a strategic partnership signed in April 2022 to jointly develop technology linking ABB-free@home with Samsung SmartThings.
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AI & Enterprise
KT presents regional AX strategy at Busan Cloud Day
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Crypto
Jay Clayton, figure in XRP lawsuit, nominated for U.S. director of national intelligence
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Crypto
Bitcoin tests $60,000 support as dollar, yields pressure persists
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AI & Enterprise
U.S. government cuts deadline to 3 days for most critical cyber flaws amid AI attacks
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Finance
Toss Bank says new types of financial scams rise in first half, account for 56 percent of reports
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Industry
Woowahan Cheongnyeondeul to distribute 700,000 bottles of water at Baemin B Mart to support riders during heatwave season
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People
Toss Place trains aspiring entrepreneurs on payments and store operations
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Games & Commerce
Naver joins Samsung Electronics appreciation festival with Onnuri gift certificate rebate and extra membership points
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Crypto
Bitcoin spot ETFs extend outflows, key focus on $60,000 and FOMC
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Crypto
Coinbase urges urgent quantum-resistant shift, warning 7 million bitcoin could be at risk
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Crypto
Bitcoin rebounds to $63,400 despite Hormuz closure news and U.S. inflation surge
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Crypto
BlackRock's BITA listing seen ahead as fee set at 0.65 percent, rivalry with Goldman Sachs bitcoin spot ETF emerges
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Finance
SpaceX confirms IPO to raise more than 100 trillion won, contrasting with Korea's big-deal drought
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Games & Commerce
Kakao Games eyes turnaround with management shake-up and new game push ahead of new top shareholder
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Telecommunications & Media
AI smart glasses use expands but on-site control rules still lacking