Search results for Finance
AI & Enterprise
U.S. Defense Department spreads vibe coding, builds more than 103,000 AI agents in just under 5 weeks
Semi-autonomous AI agents are being adopted rapidly on the U.S. Defense Department\'s unclassified network. TechRadar reported the department used an agent-designer version of Google Gemini on its GenAI.mil platform to build more than 103,000 agents in under 5 weeks, adding more than 20,000 new tools weekly. The agents run about 180,000 sessions a week. Officials cite productivity gains, while others warn about weakly controlled agents operating without clear human approval.
Finance
BOK deputy governor says time to consider rate hike as inflation faces strong pressure
Yoo Sang-dae (유상대), deputy governor of the Bank of Korea, publicly raised the possibility of a rate hike, saying it is time to consider stopping cuts and increasing rates. Speaking in Samarkand on May 3, he said growth has fallen less than feared since the Middle East war, while inflation has risen more than expected. He said inflation faces significant upward pressure and the possibility of a signal at the May 28 meeting remains open.
Finance
KB Kookmin Bank to supply 1.53 trillion won in private mid-interest-rate loans
KB Kookmin Bank said on May 4 it will supply 1.53 trillion won in private mid-interest-rate loans this year. In the first quarter, it provided 306.8 billion won to mid- and low-credit borrowers, the biggest performance among banks, accounting for about 48 percent of the combined supply from the four major commercial banks. The bank plans to expand supply using dedicated credit assessment models and refinancing loan products, and will launch additional products for youth borrowers.
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Crypto
Solana co-founder says AI could break post-quantum crypto first
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Finance
Hana Financial signs deal with Seoul veterinary medical association to expand animal healthcare finance support
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AI & Enterprise
Big Tech AI alliances reshuffle as agent payments evolve
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Finance
Hana Financial Research Institute, KIET strengthen cooperation on productive finance
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Crypto
KB Financial discusses cooperation with U.S. blockchain investment firm Pantera Capital
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Crypto
AllUnity expands euro stablecoin EURAU to Solana
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Crypto
OKX unveils Agent Payments Protocol APP to rival Coinbase x402 and Stripe
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Crypto
Exponent Finance to launch onchain rate order book and strategy vault on Solana
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Crypto
Coinbase, Superstate to launch stablecoin yield fund in second quarter
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Crypto
April crypto hacks top 20, hit record high
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Finance
Woori Bank arranges $825 million refinancing for Ohio power plant
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Finance
AI-generated financial content spreads, need for authenticity checks grows
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Telecommunications & Media
Apple posts $111.2 billion in fiscal 2026 second-quarter revenue, up 17% year on year
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Finance
Regional financial holdings post mixed Q1 net profit results despite asset growth
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Finance
Top 5 financial groups to supply 1 trillion won in risk capital to boost venture investment