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Telecommunications & Media

Cable TV responsible for broadcast access for one-third of South Koreans, strong universal service role

Lee Jong-kwan (이종관), a senior expert member at Shin & Kim, called for a reorientation of media policy toward sustainability and regionality to secure cable TV’s future. He said cable TV provides low-cost live broadcasting and supports broadcast access for one-third of South Koreans, giving it a strong universal service character. He cited declining revenues and profits for system operators since 2013 alongside rising content fees.

Crypto

Changpeng Zhao says IPOs will move to blockchain as Anthropic premarket trading surges

Binance founder Changpeng Zhao (창펑 자오) forecast that traditional IPOs will eventually shift to blockchain, arguing tokenised offerings can provide 24-hour liquidity, integrate with DeFi protocols and tap retail investors globally. He pointed to on-chain infrastructure for real-world assets, where tokenised stocks and ETFs account for part of the market. Separately, trading in Anthropic pre-IPO derivatives has surged on Binance and decentralised exchange Hyperliquid, despite legal barriers linking such markets to traditional finance.

Finance

Brokerage bonds draw strong demand, topping 4 trillion won on results improvement and rate appeal

Institutional money is flowing into South Korean securities firms’ corporate bonds despite rising market rates, supported by improved earnings and the appeal of higher interest income. Daishin Securities, Hana Securities and DB Financial Investment drew 4.265 trillion won of orders for 600 billion won of issuance, about 7.1 times. Pricing came in below bond valuation benchmarks. Analysts cite better brokerage results, reduced non-financial corporate bond supply and demand buildup.