Finance & Tech Briefing — 2026-11-12
Bitcoin bounced above $74,000 on the 11th before slipping to the $73,000 range on the 12th, while the domestic stock market closed lower and the won-dollar exchange rate fell to 1,330.7 won. Woori Bank released three financial products exclusively for Monimo, featuring a daily interest account with a maximum rate of 4% p.a. In the tech sector, Samsung unveiled Gemini-powered AI glasses, and Huawei launched an AI smartphone featuring its own chips and OS.
Finance & Tech Briefing — 2026-11-12
Markets, Crypto & Exchange Rates
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Bitcoin: On the 11th, Bitcoin reversed some of its Tuesday losses to trade above $74,000.
Bitcoin market trend article image -
Bitcoin: On the 12th, it slipped back into the $73,000 range, failing to join the upward momentum despite a rebound in the U.S. stock market, according to reports.
News image covering Bitcoin market conditions -
Spot Bitcoin ETF: U.S. spot Bitcoin ETFs saw $95 million outflows on November 10, marking four consecutive days of net outflows, with cumulative net outflows for 2026 surpassing $1.1 billion.
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KOSPI: The KOSPI index fell 0.6% on the 12th. By sector, IT services (-3.11%), insurance (-2.28%), and chemicals (-1.89%) declined, while entertainment & culture (2.20%), transportation & warehousing (1.88%), and electric & gas (1.01%) gained.
Yonhap News image covering KOSPI and sector fluctuations -
Won/Dollar Exchange Rate: The daytime closing price on the 12th was 1,330.7 won, down 2.9 won from the previous day. Yonhap News attributed this to exporters selling dollars.
Savings & Bank Financial Products
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Woori Bank & Monimo Financial Products: Woori Bank launched three financial products exclusively available through the Monimo app, targeted at customers looking to sign up via the platform.
Woori Bank Monimo financial product launch article image -
Daily Interest Account: Among the newly launched products, the daily interest account was introduced with a maximum rate of 4% per annum. The rate presented in the article is the "maximum" rate.
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Bank Retail Fund Attraction: Reports indicate that corporate deposits created an illusion of growth in bank deposits, prompting banks to focus on attracting retail funds. Aside from the new products, detailed conditions released were limited. A quiet financial product week: major changes disclosed were limited.
Bank retail fund attraction article image
Tech New Products
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Samsung AI Glasses "Intelligent Eyewear": Samsung unveiled an AI glasses lineup developed in collaboration with Google, Gentle Monster, and Warby Parker. Powered by Gemini, the lineup features 30 models with domestic release prices ranging from 650,000 to 700,000 won. Separate reports noted that the launch date for South Korea and the U.S. is set for December 10.
Samsung AI glasses unveiling image -
Huawei AI Smartphone: Reports surfaced that Huawei has launched an AI smartphone featuring its proprietary chips and operating system. The reports noted that Huawei is targeting younger consumers and is expected to compete with ByteDance.
Huawei AI smartphone article image -
Proposal for Joint Device Development with Samsung: According to a report by Financial News, OpenAI CEO Sam Altman recently expressed his desire to build a joint device with Samsung during a meeting with Samsung's top executives. The report conveyed the proposal, though specific product specifications or release schedules were not provided.
Samsung and OpenAI joint device development proposal image
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