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Finance
Woori Bank opens loan consulting channel on medical professionals platform
Woori Bank has launched a corporate loan consultation channel for clinic owners and prospective clinic owners. The bank said on June 1 it set up a one-to-one tailored corporate loan consultation channel linked to the Medistaff app, a medical professional community platform used by about 63,000 people including doctors and medical students. Requests submitted in the app are sent via Woori Bank’s open API to a dedicated corporate finance center.
Finance
Shinhan Bank opens branches as heatwave shelters for vulnerable groups
Shinhan Bank will operate its branches nationwide as “heatwave shelters” to reduce damage from summer heatwaves. The bank said on Sunday it will run the program through Sept. 30. The move follows a business agreement signed with the Ministry of the Interior and Safety to promote use of heatwave shelters. Shinhan Bank will attach guidance stickers at branches and plans to strengthen air-conditioning and management of waiting areas.
Finance
KOSPI market cap tops 7 quadrillion won for first time; Samsung Electronics overtakes bitcoin
South Korea's benchmark KOSPI ended at a record high on June 1, pushing the market's total capitalisation above 7 quadrillion won for the first time. Samsung Electronics surged 10.09 percent, lifting its market value above 2 quadrillion won. In a global ranking compiled by CompaniesMarketCap, Samsung's market cap of $1.515 trillion exceeded bitcoin's $1.47 trillion, placing Samsung 13th and bitcoin 14th.
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AI & Enterprise
Nvidia-backed U.S. AI firm Runway to set up European headquarters in London
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AI & Enterprise
Nvidia declares entry into PC market, unveils ARM-based N1X chip
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Industry
Nvidia unveils H2+ humanoid reference design with Unitree and Sharpa
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AI & Enterprise
SKT builds digital twin for SK hynix chip plant with Nvidia Omniverse
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Finance
FSC launches private advisory panel to counter AI security threats, to review network segmentation
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Finance
KOSPI nears 9,000 as stocks tied to second 'kkangbu meeting' lead rally
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AI & Enterprise
Developers depend on AI coding tools as productivity dispute grows
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AI & Enterprise
SoftBank overtakes Toyota in intraday market cap, becomes Japan's top company for first time in 22 years
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AI & Enterprise
Testing Google's Gemini Spark AI assistant that works even with a laptop closed
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AI & Enterprise
AI investment spurs growth in servers, PCs and memory, lifting enterprise hardware market
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AI & Enterprise
More AI-written code raises verification burden; solution is to generate less and reuse
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Crypto
Ethereum 1,003 recovered after 10 years as Hongcoin ICO investor refunds resume
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Crypto
Bitcoin rebound case eyes $78,000 amid weakness; can on-chain support hold
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Telecommunications & Media
iPhone 18 Pro colors may be overhauled as Apple draws attention with new strategy
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Finance
IBK Industrial Bank of Korea adopts AI system to detect misselling of investment products