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Finance
Hana Bank, Hyundai Mobis and Kibo to provide 500 billion won financial support to partner SMEs
Hana Bank, Hyundai Mobis and the Korea Technology Finance Corp will provide up to 500 billion won in financial support for small and midsized firms that partner with Hyundai Mobis. The three signed a broad memorandum of understanding to supply liquidity and ease financing costs for firms with limited credit or collateral. The two companies will jointly contribute 30 billion won to Kibo to back guarantees, offering full guarantee coverage for 3 years and reduced fees.
Crypto
Dunamu partners with Visa on stablecoin payments and cross-border remittances
Dunamu said on Thursday it has signed a strategic partnership with global payments company Visa to pursue next-generation financial services including stablecoin-based payments, global remittances and AI-enabled payments. The companies unveiled a partnership roadmap in San Francisco on Aug. 27 Korea time. They plan to combine Dunamu’s digital asset technology with Visa’s global payments network to explore new services, while details such as markets and launch schedules remain undecided.
AI & Enterprise
Trump semiconductor tariffs put U.S. AI on alert; data center projects could lose 20 percent
The Trump administration is reviewing new tariffs on semiconductors and a broad range of chip-containing products, raising concerns that the U.S. AI industry could be hit directly. The proposal could cover derived products such as game consoles and data center servers, and possibly used or refurbished goods. Industry groups warn it could raise supply chain costs, delay or cancel data center projects, and push investment overseas while also lifting prices for everyday devices and slowing new AI products.
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Telecommunications & Media
Russia's Starlink-style network stumbles after satellite losses, orbit delays
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Games & Commerce
TikTok signs MOU with Korea IP Protection Agency to tackle counterfeit K-brand goods
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Finance
Toss, Woori Finance Savings Bank launch Soho Score loan for sole proprietors
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Games & Commerce
Naver gets 23 papers accepted at ECCV 2026, four named 'Spotlight'
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Finance
Savings banks post 765.8 billion won net profit in first half, delinquency rate improves
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Crypto
Bitcoin options worth $6.44 billion near expiry, $80,000 resistance in focus
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Finance
Hecto Financial named to Asia top 30 fintechs in AFA Awards 2026
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AI & Enterprise
Jensen Huang says Nvidia has already achieved AGI, calls AGI milestones meaningless
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Crypto
AI-found Bitcoin Lightning vulnerability confirmed, update advised
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Crypto
White House begins nonpublic review of SEC crypto custody rule revision
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Crypto
Jackson Hole central bank symposium now turned into a crypto conference?
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Crypto
Bitcoin rebounds 26 percent from August low, market cycle shifts to neutral
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AI & Enterprise
Nvidia, Salesforce strong results shake tech stock bear case
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Crypto
Bitcoin's $80,000 rebound backed by $2.23 billion inflows, not short squeeze
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Crypto
BlackRock buys bitcoin after it breaks $80,000 level, raising question of institutional demand rebound