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Finance
KRX names Kiwoom Securities, Korea Aerospace as value-up top performers
Korea Exchange honoured 10 listed companies for achievements in boosting corporate value and discussed the value-up programme’s next tasks. It held an awards ceremony and seminar at its PR hall on May 27 to encourage companies that worked to enhance corporate value over the past year and to discuss ways to spread that culture. About 200 people attended the seminar, including pension funds, asset managers and listed firms.
AI & Enterprise
KB Financial to build AI finance infrastructure with Rebellions
KB Financial Group is partnering with South Korean AI chip company Rebellions to build next-generation AI financial infrastructure. The companies signed a strategic cooperation agreement on May 27 in Seoul, KB Financial said. Rebellions will provide technology and products needed for AI semiconductor inference infrastructure, and the two will jointly identify and apply AI use cases optimized for financial services. KB Financial will provide financial services and business support to Rebellions.
Crypto
Bitcoin bullish pattern faces bear market strain; first test is holding $74,000
Bitcoin has formed a long-term cup-and-handle pattern on the weekly chart, with a mid- to long-term target of at least $220,000. The scenario depends on holding the $74,000 support area after a neckline retest. Analysts also flag weak trading volume as a headwind, with spot volumes dropping to levels seen in bear markets. Market participants are also watching spot bitcoin ETF fund flows alongside volume and key support.
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Crypto
Self-proclaimed world's highest IQ Kim Young-hoon says bitcoin, XRP to go wild in June; past forecast failures resurface
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Telecommunications & Media
SpaceX spotted preparing battery-equipped Starlink Mini in reversal
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Mobility
Audi CEO says era of global 'world cars' is over
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AI & Enterprise
OpenAI to take advance reservations for AI compute, launches 'Guaranteed Capacity' for enterprises
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AI & Enterprise
OpenAI CSO says GTAC broader than Anthropic's Glasswing, confirms South Korea and Japan as partners
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Telecommunications & Media
Broadcast Media and Telecommunications Commission publishes first user protection guide for online subscription services
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Industry
SpaceX-Tesla merger talks resurface ahead of Nasdaq listing
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AI & Enterprise
Former Assassin's Creed director pans ChatGPT coding experience
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Games & Commerce
Which Switch 2 controller to buy: value leader 8BitDo, budget standout Nova Lite
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Crypto
Trump says prediction markets fall under CFTC jurisdiction, vows to defend U.S. crypto capital status
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Crypto
ETH and SOL treasury firms Sharplink, Forward set to join Russell indexes
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Telecommunications & Media
EU to allocate two-thirds of key satellite spectrum to European firms
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Telecommunications & Media
KT named 'excellent call center' for 15th straight year
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Crypto
TeraWulf secures data centre site to expand AI and HPC in U.S. Kentucky
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Crypto
Trump's crypto empire: Policy, business and investment interests entangled