Search results for 2.5 percent
Finance
KB Kookmin Bank raises key deposit and savings rates by up to 0.3 percentage point
KB Kookmin Bank will raise interest rates on major deposit and savings products by up to 0.3 percentage point, reflecting the Bank of Korea’s base rate increase and rising market rates. Fixed deposit rates will rise by 0.2 to 0.3 percentage point from July 22, while fixed savings rates will increase from July 24. The one-year KB Star time deposit rate rises to 3.2 percent, and the general time deposit to 2.5 percent.
AI & Enterprise
AI Big 2 and cloud Big 3 build in-house FDE teams, step up enterprise AX push
Microsoft said on July 2 it will set up a dedicated organisation, Microsoft Frontier Co, to support corporate AI adoption and invest $2.5 billion. The unit will be staffed by 6,000 employees deployed directly to customer sites, including existing field engineers, technical consultants, support staff and industry sales. AWS announced a $1 billion FDE organisation, while OpenAI and Anthropic also formed teams. Google is hiring hundreds of FDEs.
Crypto
Strategy bitcoin sale rumors rattle market as Dogecoin co-founder joins in
Strategy has approved a program that could allow it to sell part of its bitcoin holdings to raise up to $1.25 billion, stirring ripples in crypto markets. The company said the plan does not mandate sales and has no fixed expiry. The move drew attention because Chairman Michael Saylor is known for urging holders not to sell bitcoin. Dogecoin co-founder Billy Markus shared a video of Saylor’s past remarks, reviving debate over his own past sales.
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Crypto
XRP falls 53 percent over a year, sparking debate on investment value
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Finance
Savings banks raise deposit rates as money moves out, 4 percent products return
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Crypto
Japan raises interest rates to 1 percent; will bitcoin\'s $60,000 level wobble again?
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AI & Enterprise
Asia tech stocks rally on U.S.-Iran war-end deal, SoftBank jumps 12 percent
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Finance
Korean stocks look to U.S. FOMC for direction after wild swings
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Crypto
Bitcoin rebounds to $63,400 despite Hormuz closure news and U.S. inflation surge
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Finance
K Bank offers 0.3 percentage point preferential rate on Plus Box
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Crypto
Grayscale sets conditions for bitcoin bottom, says new buyers needed beyond Strategy
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Finance
Kosdaq stalls; policy momentum in focus after local elections
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Crypto
XLM needs 10-fold rise to match XRP market cap, DTCC optimism in focus
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Crypto
Bitcoin rebound case eyes $78,000 amid weakness; can on-chain support hold
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Crypto
Too early to buy Ethereum on dip; Santiment says wait for FOMO to cool
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Finance
Banks ramp up gathering account race as services evolve into AI treasurers
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Crypto
Bitcoin has bottomed, four bullish indicators to watch
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Finance
Woori Bank launches Samsung Card Woori savings linked to card spending