Search results for 4.9 percent
Finance
iM Financial nine-month net profit 416.3 billion won down 3.6 percent on year
iM Financial Group posted nine-month net profit attributable to controlling shareholders of 416.3 billion won, down 3.6 percent from a year earlier, it said on Oct. 27. Interest income rose 5.6 percent as loan assets expanded, but cumulative net profit and operating profit declined. Third-quarter operating profit increased 4.9 percent. iM Bank’s asset quality indicators improved, iM Capital’s nine-month net profit rose 20 percent, and the group’s CET1 ratio climbed to a record 12.39 percent.
AI & Enterprise
AI benchmarks miss 90 percent of human work, leaving blind spot in performance assessments
Existing benchmarks used to assess AI job performance cover only a small slice of real workplace tasks, an analysis found, making it difficult to conclude broad job capability from high test scores. U.S. AI talent and evaluation firm Mercor said about 90 percent of U.S. work hours are tied to tasks not adequately assessed. Using the Labor Department’s O*NET database, it mapped 29 benchmarks to 18,797 tasks and found only 4.9 percent met its coverage threshold.
Industry
U.S. fossil power plans surge, new capacity share expands from 5 to 30 percent
Plans to build fossil-fuel power plants in the United States, led by natural gas, are rising at the fastest pace in more than a decade, an analysis said. A report by the Environmental Defense Fund and Atlas Public Policy found fossil fuels account for about 30 percent of planned new generating capacity as of the second quarter of 2026, up from 5 percent of capacity actually installed in 2024. Renewables remain cheaper on average, but policy and demand shifts are driving the change.
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Finance
Banks\' digital shift still leaves customer waits and staff burden unchanged
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Crypto
Bitmine buys 12,532 more ether, nears 5 percent of supply
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Crypto
BitMine to stop buying ethereum on reaching 5 percent of supply
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Crypto
Tom Lee formalises cap on BitMine Ethereum holdings at 5 percent of supply
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Crypto
Tom Lee, who controls 4.9% of global ETH supply, is also optimistic on U.S. small caps
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Crypto
Will Ethereum reach $3,000 as institutional buying and profit-taking tug at prices
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Crypto
Bitmine holds over 6 million ether, nears 5 percent of total supply goal
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Crypto
Strive buys 1,107 more bitcoin, keeps 5th-largest public company holdings
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Crypto
Institutions accumulate bitcoin and ether as altcoins signal capital outflows
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Crypto
Early Ethereum whale buys back 8,492 ETH at $2,794 after selling at $2,010
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Crypto
Ethereum nears $2,800 as derivatives and spot demand show signs of recovery
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Crypto
Bitcoin jumps to $86,332, highest since January 2026
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Finance
Samsung and Meritz join, expanding bank debenture market
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Crypto
Crypto millionaires down 43.9 percent to 135,694 in just over a year
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Finance
Brokerages\' Q2 net profit tops 5.2 trillion won, up 82 percent on stock market boom