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Finance
Sh Suhyup Bank posts 288.2 billion won pre-tax profit in first three quarters, pushes non-bank finance expansion
Sh Suhyup Bank posted 288.2 billion won in cumulative pre-tax net profit for the first three quarters. Total assets rose to 69.2 trillion won, up 5.8 trillion won from end-2025, while pre-tax profit increased 2.1 billion won from a year earlier. The bank held a nationwide branch managers strategy meeting and introduced its first AI work platform, AIRO. CEO Shin Hak-ki said the bank will expand AI transformation and pursue acquisitions of non-bank financial firms.
Finance
NH NongHyup Financial posts record nine-month net profit of 2.53 trillion won, up 11.9 percent
NH NongHyup Financial Group posted a record net profit of 2.53 trillion won for the first nine months of the year, up 11.9 percent from a year earlier. The company said interest income rose on loan growth centred on corporate finance and funding cost management. Non-interest income increased as capital-market affiliates such as securities and asset management delivered strong results. Third-quarter net profit fell from the previous quarter.
Crypto
VanEck adds bitcoin to stocks and bonds in launch of multi-asset ETF WBMO
Global asset manager VanEck has launched an active exchange-traded fund combining stock, bond and real-asset exposure with bitcoin exposure. The VanEck Wealth Builder ETF, ticker WBMO, sets a bitcoin target weight of 2 percent and allows adjustments within a 1 to 5 percent range. The fund invests in VanEck and third-party ETFs and uses a spot bitcoin ETP rather than holding bitcoin directly.
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Crypto
BitMine buys 10,452 more ether, steps up share buybacks
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Finance
Lawmakers urge loan rule and simple payment changes as bank concentration deepens
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Crypto
BitMine buys 12,535 more ether, holds 4.9% of total supply
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Crypto
Metaplanet seeks to buy Super League with 2,100 bitcoin to target U.S. capital markets
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Crypto
Strategy faces MSCI removal risk, selling pressure may rise
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Finance
FSS raises whistleblower rewards to 1 billion won at savings banks, mutual finance
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Industry
Kim Dong-seon to launch tender offer for 16.06 million Hanwha M&S shares using 128.5 billion won of personal funds
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Crypto
Meanwhile raises $37.5 million to expand overseas sales
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Finance
Global financial firms step up push into South Korea, targeting retail ETFs and institutional alternatives
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Crypto
Bitmine holds over 6 million ether, nears 5 percent of total supply goal
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Crypto
Binance adds 25 stock tokens including Tesla and SK Hynix; RWA nears $754 million
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Crypto
Bitcoin rises despite rates and regulation headwinds; ETF investors back in profit
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Crypto
BitMine boosts Ethereum holdings to more than 5.95 million, eyes over $300 million a year
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Finance
Brokerages\' Q2 net profit tops 5.2 trillion won, up 82 percent on stock market boom
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Finance
Finance network separation rules eased, fueling 140 trillion won fintech investment