Securities
Major South Korean securities firms are projected to report improved fourth-quarter earnings, backed by a stock market rally extending into the new year. According to data from Yonhap Infomax, the combined operating profit forecast for the top four local brokerages reached 1.25 trillion won (USD 857.2 million), up 17.13 percent from the previous quarter. Heavy trading in the chip sector and strong investment banking performances are cited as key drivers.
Imeripotiwa na AI
Coinbase, a major cryptocurrency firm, has initiated a lobbying effort in Maryland to challenge a state order restricting its staking rewards program. The campaign targets legislation to overturn the attorney general's cease-and-desist directive from 2023. Officials say the company has engaged with numerous lawmakers to secure support.