a16z bets $75 million on Circle's new blockchain 'ARC'... "Stablecoin to rival Visa and PayPal"

Driven by a booming stock market and an ETF investment craze, the asset management fee income of the four major Korean banks increased by over 50% year-on-year in the first quarter.

Blockchain-based payment firm Ripple has secured $200 million in debt financing from Neuberger Berman to expand its prime brokerage services, aiming to offer a single credit facility for both stocks and cryptocurrencies. The company's revenue reportedly tripled after acquiring Hidden Road.

It is known that a large number of CEOs from major US big tech and Wall Street companies are accompanying US President Donald Trump on his state visit to China. Large-scale business cooperation and contracts are expected through the US-China summit.

Simtek Holdings' stock is rising due to its subsidiary Simtek's earnings turnaround and surging AI substrate demand, showing a 23.82% increase after MK Signal's recommendation.

Goldman Sachs economists predict an "AI-led surplus exceeding 10% of GDP" for South Korea, which is also expected to implement a 0.5%p interest rate hike in the second half of this year. Following the AI boom, semiconductor exports from South Korea and Taiwan are surging, improving current accounts.