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Finance

iM Bank launches baseball-themed savings product offering up to 8 percent interest

iM Bank has launched its \"Baseball Fan Savings\" product, offering a maximum annual interest rate of 8.00 percent for customers who make deposits every day for 31 days. The short-term savings plan allows daily deposits from 100 won to 50,000 won. The base rate is 3.35 percent a year, with a 0.15 percentage point preferential rate applied for each daily deposit. The bank is also running prize events based on the number of deposits made.

Telecommunications & Media

Galaxy Z8 preorders begin as South Korea\'s three carriers roll out perks

South Korea\'s three mobile carriers are starting preorders for Samsung Electronics\' new foldable smartphones, the Galaxy Z Fold8 Ultra, Fold8 and Flip8, and are competing to attract customers with promotions. SK Telecom is running joint marketing with Netflix and offering membership perks and trade-in rewards. KT is promoting storage upgrades, online discounts and bundled plans. LG Uplus is centering its campaign on live commerce and offers service bundles, upgrades and trade-in support.

Telecommunications & Media

KT upgrades Genie TV Local Benefits Plus, launches AI local information

KT said on Monday it has launched an \"AI local information\" feature after upgrading Genie TV\'s \"Local Benefits Plus\" service. The service provides nearby store information and coupon benefits based on the set-top box installation area. The new feature restructures local government policy and event information into video, audio and subtitles using KT\'s AI technology and schedules it by region. KT is also running an event through Aug. 3.