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Finance
KOSPI sets above 6,600 for first time, closes at record high for second straight day
South Korea\'s KOSPI closed at a record high on April 28, settling above the 6,600 level for the first time on a closing basis. The index ended up 25.99 points, or 0.39 percent, at 6,641.02, marking a second straight day of gains. Institutions were net buyers, while individuals and foreigners sold. The Kosdaq ended lower. The won strengthened against the U.S. dollar.
Crypto
Strive buys 789 more bitcoin, pushes ETF launch
Bitcoin investment firm Strive bought an additional 789 bitcoin, lifting its corporate holdings to more than 14,000, according to a report by The Block Crypto. The purchase cost $61.43 million, at an average price of about $77,890 per bitcoin. CEO Matt Cole disclosed the purchase, taking total holdings to 14,557 bitcoin valued at about $1.3 billion at current prices. Strive also outlined plans for an ETF tied to preferred shares.
Crypto
Peter Schiff rebuts Michael Saylor\'s $1 million bitcoin call
Strategy bought an additional 3,273 bitcoin, taking its total holdings to 818,334, as bitcoin traded around $77,850. The company said it spent about $255 million at an average price of $77,906 per coin, funded by a share sale program. Economist and bitcoin skeptic Peter Schiff criticised Michael Saylor’s view that bitcoin could reach $1 million if the firm amassed 5 percent of supply, and warned about funding risks tied to STRC.
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AI & Enterprise
Worksphear shares directions for youth employment market shifts in AX era at national AI strategy committee forum
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AI & Enterprise
Intel points to wider sales of lower-grade CPUs as AI-driven demand lifts Q1 results
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AI & Enterprise
AI computing power shortage deepens, squeezing AI startups
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Industry
Global ESG focus shifts to governance, South Korean companies face urgent response
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Finance
KOSPI breaks 6,600 for first time on semiconductor surge
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AI & Enterprise
Three reasons DeepSeek\'s new V4 model matters: high performance, low cost and Chinese AI chips
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Finance
Mirae Asset Securities\' RIA client balance tops 260 billion won
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Games & Commerce
Pearl Abyss gives 5 million won special bonus to all employees to mark 5 million \'Red Desert\' sales
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AI & Enterprise
Nvidia supplies GPT-5.5 Codex to 10,000 employees, cutting cost to one-35th
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Mobility
Hyundai Motor unveils China-focused Ioniq V at world premiere, bets on local platform and battery
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Games & Commerce
Nexon to hold MapleStory-based game development hackathon with 20 million won in prize money
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Telecommunications & Media
SKT adds family care feature to A.Dot Phone to alert guardians of suspected voice phishing
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Crypto
Strategy holds 815,061 bitcoins as valuation tops $63.46 billion
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Crypto
Polymarket profits concentrated as top 3.14 percent take more than 30 percent
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Crypto
Peter Schiff says Strategy\'s bitcoin strategy could turn into a \'death spiral\'