Search results for Sept. 16
AI & Enterprise
ITCEN CTS to issue 5 billion won convertible bonds to ITCEN Global, repay debt
ITCEN CTS said on Monday it will issue 5 billion won ($3.7 million) of convertible bonds to its largest shareholder, ITCEN Global, and use the entire proceeds to repay borrowings. The company said ITCEN Global will subscribe to the full amount, with payment due on Sept. 16. ITCEN CTS said the funds will be used to repay part of a general loan from a financial institution, not for new business investment or working capital.
Finance
KOSPI set to try again for 7,000: what could move the market
South Korean stocks are expected to try again to settle above the 7,000 mark on the KOSPI this week. Semiconductor earnings and expanded shareholder returns are seen supporting the downside, while August export data and U.S. employment figures are expected to determine whether the rebound continues. Markets are also watching U.S. rate expectations after Kevin Warsh’s Jackson Hole remarks and the rise in U.S. two-year yields.
Crypto
Bitcoin retreats to $77,000s after hawkish Jackson Hole remarks
Bitcoin slipped from the $80,000 level after hawkish remarks from Federal Reserve Chair Kevin Warsh at Jackson Hole. At 7 a.m. on Aug. 29, Bitcoin was down 3.43 percent on the day at $77,364, Coin360 data showed. Ether fell 3.08 percent to $2,425 and XRP dropped 5.28 percent to $1.372, while Solana fell 4.7 percent. Bitcoin dominance held at 59.15 percent.
-
Crypto
Circle issues $5 billion USDC in a week, signal of rising liquidity?
-
Crypto
Bitcoin long liquidations surge after pullback, $80,000 foothold faces test
-
Telecommunications & Media
Apple iOS 27 likely to launch in mid-September after iPhone 18 series unveiling
-
AI & Enterprise
NIS to host Cyber Summit Korea CSK 2026 on Sept. 16-18
-
Telecommunications & Media
LG Uplus wraps up U Th AI Shorts Festival
-
Crypto
Bets surge on Fed holding rates steady in September in prediction markets
-
AI & Enterprise
KISA to hold ransomware resilience conference to discuss prevention and recovery strategies
-
Crypto
Circle to launch Arc mainnet on Sept. 16 with 11 founding validators including Visa and BlackRock
-
Games & Commerce
Smilegate Futurelab to run Future Laboratory programme for Seongnam youth
-
Industry
China\'s UBTech logs 13,361 preorders for consumer humanoid robot series
-
Games & Commerce
Krafton to hold Korea-Japan map creation contest for Battlegrounds Mobile
-
Crypto
Bitcoin breaks above $66,000 to hit highest in a month
-
Games & Commerce
Nexon to end Crazy Arcade service on Aug. 13 after 25 years
-
Industry
Messe Muenchen to hold electronica India and productronica India simultaneously in September
-
Finance
Wall Street ends slightly higher on buying after Powell investigation news