| Mobile Web

Search results for March

Crypto

Smart money shows three signs of return to crypto markets

Signs are emerging that money is flowing back into the cryptocurrency market as risk-off pressure eases and both sentiment and fund flows improve. Recent indicators include stablecoin inflows to exchanges, a rebound in investor sentiment and increased money going into spot exchange-traded funds. The overall market has recovered gradually, with total market capitalisation up more than 14 percent since late February, though it remains below early 2026 highs.

Finance

iM Financial posts Q1 net profit of 154.5 billion won, up slightly on year

iM Financial Group said on April 28 its first-quarter 2026 net profit attributable to controlling shareholders came to 154.5 billion won, up 0.1 percent from a year earlier. Interest income rose 4.6 percent, and non-interest income gained 8.3 percent on higher fee revenue. Its main unit iM Bank posted net profit of 120.6 billion won. iM Financial also announced a 40.0 billion won share buyback and cancellation plan.

Industry

Lotte Energy Materials to invest 50 billion won to expand Iksan circuit foil capacity for AI demand

Lotte Energy Materials will invest about 50 billion won to expand circuit foil production capacity for AI data centres. The investment will target facility expansion at its Iksan plant in North Jeolla Province, the only circuit foil production base in South Korea. The company aims to raise annual maximum circuit foil capacity to 16,000 tons by 2027. It said the move is a pre-emptive investment aimed at both earnings recovery and market expansion.