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Telecommunications & Media
LG Uplus to offer budget mobile plan and activation consultations at E-Mart
LG Uplus is opening Alttulphone Plus stores in E-Mart to expand offline customer access for its budget mobile offerings. The dedicated shops provide guidance on budget mobile plans and activation consultations, along with services such as plan changes, temporary suspensions, ownership transfers and loss reporting. The stores operate at 9 locations nationwide, including 5 in the Seoul metropolitan area. Customers can sign up for 5 dedicated plans and receive a 10,000 won Shinsegae gift certificate and a free SIM or eSIM.
Finance
Woori Bank arranges $825 million refinancing for Ohio power plant
Woori Bank said on Saturday it completed arranging $825 million in refinancing for a 950-megawatt gas-fired combined-cycle power plant in Trumbull County, Ohio. Korea Southern Power, the Korea Overseas Infrastructure and Urban Development Corp (KIND) and Siemens Energy participated as joint investors. The bank oversaw a financing structure transition in line with the plant’s operating schedule. It is located within the PJM power market region.
Finance
May stock market outlook: Earnings, jobs and oil prices set direction
Global stock markets including the KOSPI are extending record highs, while investors in South Korea focus on whether earnings and flows can sustain gains. Wall Street ended mixed on May 1 as the S&P 500 and Nasdaq hit records. Markets are watching U.S. April nonfarm payrolls and the jobless rate on May 8, with volatility possible. Semiconductor stocks remain central, while sector rotation and continued inflows via funds and ETFs are also in focus. High oil prices and the won-dollar exchange rate are key risks.
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Industry
Memory chip 'big 3' net profits surge, set to overtake global big tech
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AI & Enterprise
Microsoft expands usage-based AI pricing, putting enterprise market to the test
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AI & Enterprise
Anthropic in talks to buy inference chips from UK AI chip startup Fractile
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AI & Enterprise
GameStop considers bid for eBay, WSJ reports
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Crypto
Will bitcoin return to $100,000? Price rebound comes before new catalysts
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Crypto
Bitcoin nears $80,000 rally on spot buying, rising futures open interest
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AI & Enterprise
UK AI Safety Institute warns GPT-5.5 cyber threat matches Mythos
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AI & Enterprise
McKinsey says AI leaders earn about $3 for every $1 invested
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Finance
AI-generated financial content spreads, need for authenticity checks grows
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AI & Enterprise
Apple Mac mini effectively sees price rise from $599 to $799
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Games & Commerce
Krafton to launch 'Subnautica 2' in early access on May 15
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Games & Commerce
Kakao's PlayMCP supports integration with open-source AI OpenClaw
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AI & Enterprise
Huawei seen leading China's AI chip market share this year on 60 percent growth
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Crypto
Adam Back backs bitcoin treasury companies, calls it 'rational arbitrage'
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Crypto
XRP sentiment hits 2-year high but price stays rangebound