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Search results for Nov. 30

Crypto

Strategy faces MSCI removal risk, selling pressure may rise

MSCI has finalised rules to exclude non-operating companies from its indexes, raising the possibility that bitcoin-heavy treasury firms could be removed. The rules take effect after the close on Nov. 30. Strategy and Metaplanet are cited as directly exposed because crypto makes up a large share of their balance sheets. Existing constituents must be deemed ineligible in two consecutive annual filings to be removed, while new candidates can be blocked after one ineligible result.

Finance

Hana Bank retirement pension assets top 52 trillion won, largest rise among banks this year

Hana Bank\'s retirement pension assets exceeded 52 trillion won as of the end of the third quarter, rising 3.77 trillion won from the end of last year, the largest increase among banks. Growth in individual retirement pension (IRP) and defined contribution (DC) plan balances led the overall increase. Hana Bank said assets totalled 52.16 trillion won at end-September. It is also expanding related services and products and running an event for new IRP customers through Nov. 30.

Telecommunications & Media

Korea\'s three mobile carriers open preorders for Apple\'s first foldable iPhone Duo

South Korea\'s three mobile carriers began taking preorders on Oct. 16 for Apple\'s first foldable smartphone, the iPhone Duo, ahead of its Oct. 23 release. SK Telecom is offering benefits tied to trade-ins, partner cards, and subscriptions, as well as early delivery for first-round customers. KT is promoting its Choice Double plans with subscription bundles and device discounts, plus partner-card benefits and phone-care options. LG Uplus introduced early-return compensation plans and online purchase promotions.