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News
Hancom joins Hancom Innostream, FuriosaAI to target NPU-based AX market
2+ hour, 39+ min ago (178+ words) Hancom is working with affiliate Hancom Innostream and AI chip company FuriosaAI to target the neural processing unit (NPU)-based AX (AI Transformation) market. The three aim to combine Hancom’s agentic OS with FuriosaAI’s second-generation AI accelerator, RNGD (Renegade), to…...
KakaoBank launches auto finance comparison service to compare loans and installment plans from about 70 financial firms
2+ hour, 33+ min ago (161+ words) KakaoBank will introduce an auto finance service that allows users to compare everything from used-car loans to new-car cashback and long-term rentals in one place. KakaoBank said on Sept. 8 it will launch an "auto finance comparison service" that lets customers…...
CoinShares says Fed blocks bitcoin at $80,000, fund flows driven by rate outlook
7+ hour, 21+ min ago (374+ words) U.S. Federal Reserve monetary policy has again come into focus as bitcoin struggles to break above $80,000. CoinShares assessed that the Fed's interest-rate path is acting as a key factor capping bitcoin's upside, even as demand for crypto investment continues, Cointelegraph reported…...
KOSPI jumps 4.61 percent to just below 7,000 on semiconductor rally
1+ day, 1+ hour ago (241+ words) The KOSPI closed up 308.18 points, or 4.61 percent, at 6,995.39. It opened at 6,910.78, up 223.57 points, or 3.34 percent, from the previous session, and climbed as high as 6,995.40 before ending near 7,000. In the main board market, foreigners were net buyers of 2.5533 trillion won and…...
MSIT, MSS cooperate on physical AI manufacturing innovation, speeding adoption by SMEs
1+ day, 1+ hour ago (562+ words) South Korea will strengthen cross-agency cooperation to expand the adoption of physical AI by small and medium-sized manufacturers, covering technology development, demonstrations and commercialisation. The Ministry of Science and ICT and the Ministry of SMEs and Startups visited KAIST’s Physical…...
Shinhan Bank, Seocho-gu, Seoul credit guarantee foundation cooperate to support growth of AI, ICT firms
1+ day, 3+ hour ago (351+ words) Shinhan Bank is joining hands with Seocho-gu and the Seoul Credit Guarantee Foundation to support AI and ICT companies in the Seocho area with financing, guarantees, consulting and investment links. Shinhan Bank said on Sept. 7 it signed a comprehensive business…...
KB Financial holds employee AI agent competition, applies winning projects to work
1+ day, 7+ hour ago (264+ words) KB Financial Group is holding a competition in which employees solve on-the-job challenges using artificial intelligence (AI) and will apply winning projects to actual work. KB Financial said on Sept. 7 it held the 2026 Group Integrated AI Agent Competition on Sept....
Younglimwon SoftLab steps up employee-led upgrade of AI ERP
1+ day, 6+ hour ago (210+ words) Enterprise solution company Younglimwon SoftLab is accelerating efforts to link employee-led AI use experience to upgrades of its ERP products. Younglimwon SoftLab said on Sept. 7 it has set up a dedicated organisation to systematically push ahead with AI transformation, covering…...
Base rate raised twice, but loan rates move differently by product
2+ day, 8+ hour ago (709+ words) According to the financial sector on Sept. 4, the Bank of Korea's Monetary Policy Board raised the base rate by 0.25 percentage point to 2.75 percent from 2.50 percent on July 16, then lifted it again by 0.25 percentage point to 3.00 percent on Aug. 27. The base…...
Woori Bank offers higher rates tied to Team Korea results, up to 7.5 percent savings plan
2+ day, 8+ hour ago (307+ words) Woori Bank has introduced a savings product that offers preferential interest rates depending on the performance of South Korea's national team competing at the Aichi-Nagoya Asian Games and on customers' participation in cheering. Woori Bank said on Saturday it has…...