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Crypto
Complex procedures seen as hurdle to digital-asset donations
Donations of digital assets are increasing, but the process is seen as cumbersome. Since the Financial Services Commission guidelines took effect last June, only two companies and one individual have donated digital assets to the Community Chest of Korea. The guidelines require steps such as a handover ceremony, internal review and staggered sales. Only eligible non-profit organisations can accept such donations, and banks and exchanges must conduct checks.
Finance
Wall Street pauses, ends mixed
The three major U.S. stock indexes finished mixed, with early gains fading as selling spread across most sectors. The Dow fell while the S&P 500 slipped and the Nasdaq edged higher, helped by AI-related names. Alphabet surpassed Apple to rank second by market value, with $3.89 trillion versus Apple’s $3.85 trillion. U.S. job openings fell to 7,146,000 in November, the lowest since September 2024.
Telecommunications & Media
LG Uplus says bucket list event draws strong response, will continue 'Simply' values
LG Uplus said a bucket list event run as part of its 'Simply. U+' brand campaign has ended successfully. The two-week event drew about 40,000 participants, with customers submitting wishes and stories for the company to review and fulfil. LG Uplus said 73% of wishes were for participants themselves, followed by wishes for family at 25%. Travel and rest accounted for the largest share by type.
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Industry
Samsung Electronics posts 20 trillion won Q4 operating profit, up threefold on year
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Industry
SK On develops high-density single-crystal cathode material
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Industry
Samsung steps up 'Home AI Companion' strategy, focus on sleep and health management
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Telecommunications & Media
5G standalone mode shift gains pace as South Korea pushes network overhaul for AI era
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AI & Enterprise
Naver to launch Lounge on Jan. 28 to boost time spent and capture AI data
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AI & Enterprise
Manufacturing convergence puts 'physical AI' in focus
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Finance
Will Kbank IPO succeed this time? CEO term extension emerges as variable
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General News
Prosecutors seek arrest warrants for MBK chairman Kim Byung-joo and three others over Homeplus case
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AI & Enterprise
OpenAI adds 'health hub' feature to ChatGPT for personalized advice via wearables
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Crypto
JPMorgan steps up JPM Coin public blockchain expansion with Canton Network partnership
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Crypto
Nike winds down RTFKT NFT project months after investor lawsuit
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Crypto
CoinFlip launches crypto payroll investment option for U.S. workers
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Crypto
Tether and Rumble launch crypto wallet, aim to use crypto in creator economy
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Crypto
Polymarket partners with Dow Jones to provide prediction market data to Wall Street Journal
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Industry
Samsung Electronics starts 2.5 trillion won treasury share buyback for employee compensation