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10/28
13:13
German chancellor, top CEOs head to Seoul for Asia-Pacific business forum. South Korea will host the 19th Asia-Pacific Conference of German Business (APK 2026) in Seoul from Thursday to Saturday, bringing together about 750 business executives, policymakers, and industry representatives from Germany and across the Asia-Pacific region. The forum will focus on industrial cooperation, artificial intelligence, and supply chain resilience.
13:13
Samsung Electro-Mechanics reported record quarterly revenue and operating profit on Wednesday, with revenue reaching 3.76 trillion won ($2.81 billion), up 30% year-on-year, and operating profit surging 165% to 691 billion won ($516 million). This growth was primarily driven by strong demand for artificial intelligence data center components and accelerating expansion in its semiconductor substrate business.
13:07
Samsung Display is reportedly set to be the exclusive supplier of OLED touchscreens for Apple's MacBook Pro. Despite Apple's long-standing efforts to diversify its display supply chain, Samsung Display has emerged as the sole supplier for two major hardware redesigns: the upcoming foldable iPhone and the OLED touchscreen MacBook Pro. Samsung Display's dominance is expected to extend to Apple's new 14-inch and 16-inch MacBook Pro models, which are anticipated to debut with OLED screens at the "Pro and Tell" event in Los Angeles on Wednesday.
13:03
The scope of cyberattacks on South Korea's financial industry has expanded, with Daishin Securities disclosing a data breach affecting over 38,000 customers. Cryptocurrency exchange Bithumb and asset manager Mirae Asset Global Investments have also confirmed security intrusions. These incidents follow a wave of cyberattacks faced by the financial sector in recent weeks, raising concerns about security vulnerabilities and prompting calls from South Korean financial regulators for stronger defenses.
13:02
CK Asset Holdings, a Hong Kong developer, has sold a vacant shopping mall and a batch of parking spaces within its Seaside Sonata residential project on Hai Tan Street, Sham Shui Po, for HK$179.77 million (approximately US$23 million). Analysts noted that the mall, completed five years ago but never leased, was sold at an "exceptionally cheap" price to free up capital for the company's other projects. The new buyer is Assets Master, but attracting tenants in the short term will be challenging due to the mall's low foot traffic location.
12:51
CZ retweeted a post reminding users to guard against data breach risks, listing four incidents reported today by Coinbase vendor Amplitude, Bithumb, and two South Korean brokerage firms, Mirae Asset and Daishin Securities. He pointed out that leaked trading data (names, emails, phone numbers, addresses, ID documents, transaction history) is primarily used for phishing, SIM swap attacks, and social engineering. He advised users to protect their accounts by using separate email aliases, hardware security keys, dedicated phone numbers, and enabling withdrawal whitelists and anti-phishing codes.
12:17
Bitcoin climbed nearly 2% to just under $81,000 in Wednesday Asian morning hours, as traders awaited the Federal Reserve's rate decision later in the day. ZEC led major cryptocurrencies with an 8% jump to about $1,320, while ether gained 2% to just over $2,350. The market rebound follows Galaxy Research's recent advice to investors to accumulate bitcoin, with its head of firmwide research Alex Thorn stating that the bear market likely ended in June.
12:15
Citibank executives Yeo Wenxian and Sylvia Zhang stated that the widespread application and global expansion of Artificial Intelligence (AI) are transforming the wealth management industry. AI helps advisors serve clients more deeply and accurately by rapidly analyzing vast amounts of data, providing market insights, and optimizing portfolio reviews, allowing more time for personalized communication. The executives emphasized that in an era of information overload, the advisor's role has shifted to helping clients filter out noise and provide customized, contextualized advice, especially when dealing with the complexities of cross-border assets and intergenerational wealth transfer.
12:01
Block co-founder Jack Dorsey stated in an archived clip from an interview with Abundant Mines on January 16, 2025, that Bitcoin would be a failure if it ultimately only became "digital gold." He noted that the Bitcoin white paper describes it as peer-to-peer electronic cash, and Bitcoin can only succeed when people can use it as currency in their daily lives and transfer funds permissionlessly.

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