Search results for Interest rate
Crypto
AI-driven memory chipflation may pose short-term headwind for bitcoin
A shortage of memory semiconductors driven by expanding AI demand could become a new source of inflation pressure and weigh on the bitcoin market in the short term, an analysis showed. Binance Research said memory chips could join energy and food as a structural inflation factor as AI data centres absorb high-performance memory. It said supply may not catch up despite capacity growth, potentially delaying U.S. rate cuts and creating headwinds for liquidity-sensitive assets.
Games & Commerce
Nexon co-CEO Kang says real competitiveness in AI era is time built with users, not technology
Kang Dae-hyun (강대현), co-CEO of Nexon Korea, said competitiveness is shifting from technology itself to “context” as AI makes implementation cheaper and easier. He cited a surge in game supply on Steam and the concentration of player time in older titles. Kang said lasting advantage comes from accumulated taste, judgment and user relationships that cannot be fully transferred as data, and from compounding effects when in-game experiences spread into communities and creator content.
Finance
Shinhan Bank launches two point-earning cards with Shinhan Card
Shinhan Bank has launched two point-earning cards with Shinhan Card that link card-use benefits with bank account benefits. Customers can deposit points earned from spending into Shinhan Bank’s dedicated SOL Plan Point Box to receive extra point accrual and interest-rate benefits. The cards provide up to 75,000 SOL Plan points each month depending on spending and payment-account balance conditions, and add 10 percent more points when deposited into the point box.
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Crypto
Bitcoin eyes $69,000 on oil drop; five things to watch this week
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Finance
Shinhan Bank to sell additional 500 billion won of senior-focused time deposit
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Crypto
World Cup to boost prediction markets; Bernstein sees $10 billion in volume
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Crypto
U.S. inflation above 4 percent adds downside pressure on bitcoin and gold
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Finance
Bank of Korea governor Shin Hyun-song says rate hikes needed before it is too late
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Crypto
Bitcoin spot ETFs extend outflows, key focus on $60,000 and FOMC
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AI & Enterprise
Woori Bank launches AI-based inclusive debt diagnosis service
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Finance
Dcamp to share five startup cases linking financial services on June 24
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AI & Enterprise
KOSPI swings wildly day to day, drawing foreign focus as \'crypto-level\' volatility
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Finance
K Bank offers 0.3 percentage point preferential rate on Plus Box
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Finance
Hana Financial Group to back industrial park tenants with 50 billion won new growth fund
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Finance
Korean stock market volatility brings brokerage shares back into focus on trading turnover
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Crypto
Bitcoin holds $60,000 but faces triple pressure from CLARITY Act, Strategy and XRP
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Crypto
SpaceX, Anthropic and OpenAI IPO wave raises questions over bitcoin fund flows
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Finance
Shinhan Financial to write off 500 billion won in delinquent debt, expand inclusive finance to 4.5 trillion won