Search results for Dec. 31
AI & Enterprise
Telecoms\' Q1 results diverge after hacking incidents; SKT and KT profitability slows
A series of hacking incidents last year is expected to affect South Korea\'s three mobile carriers in the first quarter. SK Telecom and KT are seen posting weaker results as compensation payments and marketing costs weigh on profitability. LG Uplus is forecast to be the only one to report gains in both sales and operating profit, helped by subscriber inflows and growth in new businesses. Analysts also see scope for a recovery in the second half.
Crypto
Ethereum $6,300 call revives as analysts spot 2025-like 250 percent surge pattern
Ethereum has rebounded after retesting an uptrend line that has supported its price since 2022, and its weekly chart has confirmed a bullish MACD crossover. Analysts said the setup resembles the pattern that preceded a 250 percent rise in 2025, with one suggesting a possible move toward $6,300 if the pattern repeats. Others said a break above $2,400 is needed, while demand and institutional inflows show signs of improving.
AI & Enterprise
KT launches Korea\'s first YouTube Premium Lite bundled plan
KT on April 14 launched a bundled mobile plan offering YouTube Premium Lite, the first such package among South Korean telecom carriers. It changed the base benefit of its YouTube Premium Choice plan from YouTube Premium to YouTube Premium Lite, which costs 8,500 won a month. The company also offers YouTube Premium Lite through KT Subscription for 8,000 won a month and introduced two subscription packs paired with MegaMGC Coffee coupons.
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Crypto
Uniswap Foundation holds $85.8 million in assets, can operate until early 2027
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Finance
Shinhan Bank runs 11pay account-linking event with 11st
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Finance
FX stabilisation bills pass parliament; tax exemption up to 100 percent for return to Korean stock market by May
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AI & Enterprise
MSIT announces new 2026 projects to tap global scholars\' research capabilities
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Crypto
XRP sees 1.3 billion token outflow over six months, but 11 percent rebound possible
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Industry
SK Hynix signs 12 trillion won EUV equipment deal with ASML
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Finance
Brokerages roll out RIA accounts to lure overseas stock investors back to Korea
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AI & Enterprise
Women account for 31.9 percent of new hires in science and technology, up 3.8 points in five years
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Games & Commerce
Netmarble steps up push for 3 trillion won revenue on new game launches and fee tailwind
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AI & Enterprise
Meta considers cutting over 20 percent of workforce amid expanded AI investment, efficiency drive
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Finance
KB Kookmin Bank launches KB GS Pay account snack support event
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Finance
Triple bet on Korea ETFs in U.S. market: why overseas retail investors hesitate to return
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Crypto
Harvard cuts bitcoin ETF holdings by more than one-fifth and makes first investment in ethereum
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Telecommunications & Media
New broadcast media telecoms commission holds first parliamentary briefing, focuses on relicensing, AI and integrated media law
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AI & Enterprise
South Korea confirms leak of 33.7 million Coupang accounts