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Finance
Mirae Asset's TIGER U.S. space tech ETF tops 2 trillion won in net assets
Mirae Asset Global Investments said net assets in its TIGER U.S. Space Tech ETF have surpassed 2 trillion won. The ETF’s net assets stood at 2.47 trillion won as of June 5, the Korea Exchange said. Retail investors drove most of the inflows into U.S. space-themed ETFs listed in South Korea, with the TIGER fund taking about 86% of net buying. The ETF posted a 49.6% one-month return as of June 4.
Finance
Toss launches dormant deposit recovery service with SDFa
Viva Republica, operator of the Toss app, has launched a service that lets users check and reclaim dormant deposits scattered across multiple financial institutions in one place. Toss said on June 5 it rolled out the service with the Korea Inclusive Finance Agency. Users can apply remotely without submitting documents or visiting institutions, and approved amounts are paid immediately as Toss Pay Money. The service covers dormant deposits of 500,000 won or less.
People
Hana Fund Services holds plogging volunteer activity in Jeonju Hanok Village and Jeonjuchun
Hana Fund Services held a plogging volunteer activity to promote coexistence with local communities and environmental protection. The company said it carried out the event around Jeonju Hanok Village and Jeonjuchun in Jeonju, North Jeolla State, on June 3. About 50 people, including around 20 employees and representatives from volunteer, university and social venture groups, took part, collecting household litter and waste for about an hour.
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Games & Commerce
Musinsa, Oakley run AI glasses pop-up for next-generation eyewear experience
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Games & Commerce
Itemmania introduces game item trade linkage service with Rasalas
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Telecommunications & Media
KT joins 5G-LTE integrated plans with QoS option across all tiers
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People
ADTechnology to hire 50 design engineers to meet ASIC demand
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Industry
Hecto Healthcare's Only Ritual joins Vietnam consumer goods fair to expand Southeast Asia distribution
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Industry
Baemin expands discounts for reusable-container orders for Environment Day
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AI & Enterprise
AI beats law professors in blind law school test with 75 percent win rate
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Crypto
Banks boost holdings, hedge funds cut as Bitcoin spot ETF ownership shifts
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Crypto
Maelstrom sees Worldcoin at $5 ahead of OpenAI IPO
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Crypto
Bitcoin shaken by Strategy-driven selling fears, road back above $70,000 tough
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Crypto
Bitcoin retests 200-week SMA, a key 2022 bear market line
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Crypto
Strategy posts record loss as bitcoin slides below $62,000
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Crypto
Coinbase, Better to roll out bitcoin and USDC-backed mortgages across the United States
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Crypto
Funds shift to semiconductors, AI as bitcoin suffers worst week since February
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Crypto
Standard Chartered revives bitcoin bottom call, says Strategy likely to buy BTC again