Search results for May 7
Finance
KOSPI reclaims 8,100 as foreigners turn net buyers for first time in 24 sessions
South Korea\'s KOSPI rose more than 4 percent on June 12 to reclaim the 8,100 level, supported by gains in U.S. stocks and strength in semiconductor shares. Foreign investors turned net buyers for the first time in 24 sessions since May 7, while institutions also bought. The Kosdaq climbed more than 3 percent to finish above 1,000. The won weakened slightly against the dollar.
Crypto
480,000 ether leaves exchanges, market focus shifts to $1,500
Ether futures open interest fell 25 percent over the past month, bringing $1,500 into focus as a key support level. Exchange-held ether also dropped by about 480,000 ETH in recent days, suggesting leverage is being reduced while spot supply tightens. Analysts pointed to sharp declines in open interest at Gate.io and a similar move at Bybit, while Binance held steadier even as funding rates turned negative.
AI & Enterprise
MegazoneCloud builds AI shopping agent for Golfzon Commerce, supports AI fitting service
MegazoneCloud said on Monday it has built an AI shopping agent for Golfzon Commerce\'s online golf goods mall to recommend golf equipment. The company said the agent suggests three clubs tailored to individual swing characteristics, with the rationale and expected improvement effects, and recommends golf balls by mapping play style, feel preference and spin requirements. It said the system uses more than 500,000 fitting data records and was built on Amazon Bedrock Agent Core.
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Crypto
Bitcoin holds near $73,000 as BNB jumps 12 percent on spot ETF launch
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Crypto
Silver shows signs of deeper weakness as focus turns to whether $71 support holds
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Telecommunications & Media
AI use spreads ahead of June 3 local elections, from polls to vote count broadcasts
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Crypto
Crypto market prices SpaceX ahead of possible Nasdaq listing as SPCX bets spread amid regulatory gap
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Crypto
BitMine holds 4.47% of ether supply, buys 111,942 ETH in a week
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Crypto
Bitcoin enters high-risk zone as outflows from U.S. spot ETFs raise institutional selling pressure
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Games & Commerce
Kakao steps up strike procedures at affiliates, eyes second mediation at head office
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Games & Commerce
Zero tax support for production costs; K-games face neglect despite 60 percent of content exports
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Games & Commerce
Kakao management, labour agree to extend mediation, postponing risk of first head office strike
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Finance
KOSPI recovers 7,500 level after sell sidecar; foreigners sell for eighth session
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Crypto
Saylor hints at possible bitcoin sale, warning holding forever could hurt valuation
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AI & Enterprise
OpenAI, SBS to use generative AI in June 3 local election vote count broadcast
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Finance
Why the KOSPI swung after breaking 8,000 intraday for first time
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Crypto
Silver breaks above $89 but warns of near-term pullback to $79
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Games & Commerce
Early look at \'Subnautica 2\'... Krafton says survival is a means, exploration is core