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Finance

iM Financial posts Q1 net profit of 154.5 billion won, up slightly on year

iM Financial Group said on April 28 its first-quarter 2026 net profit attributable to controlling shareholders came to 154.5 billion won, up 0.1 percent from a year earlier. Interest income rose 4.6 percent, and non-interest income gained 8.3 percent on higher fee revenue. Its main unit iM Bank posted net profit of 120.6 billion won. iM Financial also announced a 40.0 billion won share buyback and cancellation plan.

Finance

Fintech industry group calls for public STO use, review of development gains sharing and leasehold loan application

The Korea Fintech Industry Association on April 28 held a forum on building an inclusive digital economy and fostering a sustainable digital asset industry through public tokenised securities (STO) models. Participants said STOs could improve investment access and strengthen transparency through blockchain-based trading. Speakers called for stronger institutional foundations such as investor protection and disclosures. Proposals included linking public development gains to households and tokenising jeonse deposits to improve liquidity.

AI & Enterprise

Unsolved math problem cracked after 60 years with ChatGPT hints

A student without formal mathematics training drew attention after solving a problem that had remained unsolved for 60 years with help from ChatGPT. Liam Price (리엄 프라이스), 23, took a different approach from traditional proof-first methods, letting the AI propose ideas and then selecting and refining workable leads. Mathematician Terence Tao (테런스 타오) said people often started in a slightly wrong direction. The case highlights AI as an aid that broadens human thinking, not a replacement.