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Finance
KB Kookmin Bank, KOSMES to provide 6 trillion won in productive finance support for Middle East-affected firms
KB Kookmin Bank said on April 12 it will run a 6 trillion won productive finance support programme with the Korea SMEs and Startups Agency. The programme, effective from April 13, targets SMEs and venture companies using policy funds and offers special interest rate preferences within the limit. Firms covered by agreement guarantees will receive additional benefits, including guarantee ratio and fee reductions. The bank plans to expand support for firms hit by Middle East-related logistics cost increases and contract delays.
Finance
Shinhan Financial publishes report on conditions for KOSPI structural shift
Shinhan Financial Group said on Saturday it published a report analysing structural conditions needed for the KOSPI to keep rising. The report was prepared to assess the market’s direction after the index crossed 6,000 points and volatility increased due to external factors such as U.S.-Iran war risks. Shinhan Future Strategy Institute said the recent rise reflected value-up policies and an AI-driven semiconductor supercycle, and urged structural improvements including lower earnings volatility, a long-term investment culture and new growth industries.
Telecommunications & Media
KT CEO Park Yoon-young checks operations at Busan international telecommunications centre
KT said on Saturday that Chief Executive Park Yoon-young (박윤영) visited the company's Busan KT International Telecommunications Centre on April 10 to check communications infrastructure connecting major continents and countries. The facility serves as a landing station handling most international internet traffic and linking undersea cables to domestic networks. KT operates five undersea cables and monitors equipment and cable conditions in Asia. Park encouraged staff and called for stable operations to support AI services.
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Crypto
Bitcoin open interest nears $25 billion, renewed short squeeze risk emerges
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Telecommunications & Media
KT launches Yogo discount plan for online-only internet
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People
Woori Bank CEO Jung Jin-wan joins campaign to curb youth illegal gambling
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Telecommunications & Media
LG Uplus to start USIM updates and free replacements from April 13
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Finance
FSS moves to speed up disclosure reform after Samchundang Pharm controversy
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Telecommunications & Media
‘Data peace-of-mind option’ reshapes 5G plans, but market remains sceptical
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Finance
Hana Bank to launch finance-content tie-up service with Ridi
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Finance
Korean stocks outlook: ceasefire hopes and uncertainty collide; focus on dollar-weakness beneficiaries
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Crypto
XRP holds key support as bottom signals emerge, possible drop to $0.80
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AI & Enterprise
Alibaba unveils HappyHorse 1.0 AI video generation model, tops global leaderboard
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AI & Enterprise
OpenAI launches GPT-5.4 Mini and Nano, opening era of sub-agents
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AI & Enterprise
Cisco in talks to buy AI agent security startup Astrix
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Crypto
Bitcoin faces weekend test as U.S.-Iran ceasefire talks near
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Industry
GDI, not GDP, emerges as new economic metric defining AI powerhouses
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Industry
Battery recycler Ascend Elements files for bankruptcy protection