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Finance

Lee says stock market normalisation has only removed a few big stones

South Korean President Lee Jae-myung (이재명) said measures to normalise the stock market have only removed a few big obstacles and that further institutional reforms are needed. Speaking after receiving a Financial Services Commission report at a Cabinet meeting and emergency economic review session, he said the steps were showing effects. He also urged continued measures and asked when additional plans would be ready. Lee raised the market\'s undervaluation compared with other countries, and the FSC chairman agreed it remained undervalued versus corporate earnings.

Crypto

Bitcoin retreats after 12-week high, fails again near $79,000

Bitcoin briefly reclaimed a 12-week high of $79,399 but fell back in Asian trading and failed to retake $80,000. It was last down 2.09 percent over 24 hours at about $77,700. Analysts flagged $80,000 as a level where selling often emerges as underwater positions are closed. Major altcoins also weakened. Funding rates in perpetual futures remained negative, leaving room for a short squeeze if spot prices hold above breakeven levels.

Telecommunications & Media

What could change in the iPhone 18 Pro: colour, camera and Face ID rumours

Rumours about Apple’s iPhone 18 Pro and iPhone 18 Pro Max include a new dark red colour option, a variable-aperture camera and the possibility of unchanged pricing. Under-display Face ID is also being discussed, though it would require major design changes. Reports also mention potential satellite-based 5G support, but details are limited. Expectations of stable pricing may not last, with talk of future increases.