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Finance
IBK Industrial Bank of Korea first-half net profit 1.44 trillion won, down 4.4 percent
IBK Industrial Bank of Korea posted first-half consolidated net profit of 1.44 trillion won, down 4.4 percent from a year earlier, the bank said. Market share in SME finance rose to a record 24.6 percent as SME loans increased to 270 trillion won. The bank cited larger foreign-exchange valuation losses and higher loan-loss provisions as factors behind the profit decline. It will pay its first quarterly dividend.
Crypto
Michael Saylor says \'it needs another color\' as Strategy hints at resuming bitcoin buying
Strategy has not added to its bitcoin holdings for 4 straight weeks, but Chairman Michael Saylor posted a chart of the company’s purchase history and wrote, “It needs another color,” drawing market attention. The firm has disclosed no additional buys in 4 SEC filings since late June. Its latest purchase was 520 BTC in mid-June. Recent filings also highlighted fundraising through MSTR share sales and a larger dollar reserve.
Industry
Nvidia steps up next-generation chip design with in-house Vera CPU
Nvidia is deploying its in-house Vera CPU in semiconductor design processes to accelerate development of next-generation chips. The company said it worked with Cadence and Synopsys to optimise core electronic design automation applications. As chip design grows more complex, key EDA workloads such as logic simulation and formal verification still rely heavily on CPU performance. In tests, Cadence Jasper and Synopsys VCS delivered up to 1.5 times higher performance on some workloads with the same core count.
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Games & Commerce
Nexon hosts university game jam to train talent for the AI era
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Finance
Shinhan Bank to offer additional SOL Mate time deposit up to 3.5 percent
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Industry
China\'s CXMT surges 470 percent in Shanghai debut, valued at 715 trillion won
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Industry
Elon Musk\'s trillionaire status ends as SpaceX slumps, halving net worth
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Crypto
Hashdex ETF introduces staking rewards, investors paid only above threshold
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Crypto
Chinese AI chip stocks trade first on crypto exchanges as overseas funds seek access
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Games & Commerce
Kakao adds channel friend acquisition product to Easy Ads platform
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Industry
LG Electronics cooling distribution unit wins Nvidia quality certification, first in Korea
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Crypto
U.S., UK listed companies sell bitcoin to repay $31.7 million in debt
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Industry
Battery data becomes shield as recourse claims open in EV fire compensation
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Finance
Four major financial groups\' net profit tops 11 trillion won, competition shifts from banks to capital markets
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Finance
Korea stocks outlook: KOSPI loses momentum as FOMC, chipmakers and Big Tech earnings in focus
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Technology
AI to replace CEOs? OverpAId parody website draws attention
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AI & Enterprise
Anthropic releases Claude Opus 5, boosting performance at about half the price of Fable 5
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Finance
Woori Financial first-half net profit 1.61 trillion won, non-bank contribution rises to 22.3%