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LEE JAE MYUNG
Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul saysSamsung Electronics and SK Hynix are set to announce major long-term memory chip supply deals with US technology companies during South Kor...- Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
- South Korea's Lee to visit South America and Germany, attend AI summit in USPresident Lee Jae-myung will visit San Francisco, Brazil, Chile, and Argentina. He will attend an AI summit and meet tech leaders there. Tr...
- South Korea’s Kospi jumps 4% after 31% crash from June peak. What’s ahead?South Korea's Kospi index saw a significant jump, recovering some losses after a sharp decline. Shares of chipmakers like Samsung Electroni...
- Is Korean stock market turning into open casino? How retail leverage is fueling wild swingsMemory chip bellwethers SK Hynix and Samsung Electronics make up just over half of the benchmark Kospi. Much of the stock market’s previous...
- How a dispute over ecommerce firm Coupang is testing US-South Korea tiesSouth Korea's decision to fine e-commerce firm Coupang over a data leak has drawn criticism from Washington and raised questions about the ...
- How a dispute over ecommerce firm Coupang is testing US-South Korea tiesSouth Korea's fine on ecommerce firm Coupang has drawn significant US criticism. This dispute raises concerns about Seoul's openness to Ame...
- Explained: Why SK Hynix ADR premiums soared 50% over South Korean shares and how this reminds market of dotcom bubbleSK Hynix’s ADRs are trading at a more than 50% premium to their South Korea-listed shares just days after their Nasdaq debut, raising compa...
- Global Market: AI boom turns turbulent as South Korea stocks slide into bear marketSouth Korea's KOSPI has entered bear market territory after falling about 25% from its late-June record high, following a spectacular AI-dr...
- South Korea's Kospi crashes 5% again, plunges 31% in one month. Is the AI frenzy over?South Korea's Kospi plunged 5% on Tuesday, extending its two-day decline to nearly 14% and taking the index into bear market territory. The...
- Global Market Update | SK Hynix set to gain as South Korea eases capital-raising rulesSouth Korea's ruling party seeks to ease rules for SK Hynix joint ventures. This move aims to attract outside capital for new chip factorie...
- SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria coolsSK Hynix’s US-listed shares fell nearly 8% after a strong Nasdaq debut, as investors booked profits in AI-linked chip stocks. The decline t...
- South Korea's AI tax windfall a 'golden window' for investment: LeeSouth Korea will use a tax revenue windfall from artificial intelligence chipmakers as a strategic source of investment, President Lee Jae ...
- South Korea flags record 2027 budget of over $530 billion as AI chip boom lifts revenuesSouth Korea plans record budget spending exceeding 800 trillion won for fiscal 2027. This significant spending will be supported by stronge...
- Samsung Electronics to advance start of chip factory in Yongin to 2029Last month, both Samsung and its South Korean rival SK Hynix announced pledges to invest hundreds of billions of dollars in expanding prod...
- North Korea condemns NATO summit, says denuclearisation should start with US alliesNorth Korea condemned the US and its allies for strengthening military blocs. Pyongyang accused NATO leaders of portraying its sovereign ri...
- North Korea vows boost to nuclear buildup, military intelligenceNorth Korea will strengthen its nuclear force "both in quality and quantity" and expand the role of its military intelligence agency focuse...
- South Korea's Lee urges speed in launching mega chip projects"In this situation, it appears the outcome will be decided by who moves faster and who secures the lead first," Lee told a government mee...
- South Korea plans future fund backed by semiconductor tax windfallSouth Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boo...
- Samsung to invest $90 billion in South Korea's Chungcheong provinceSamsung Group is set to inject a massive 140 trillion won ($90 billion) into South Korea's central Chungcheong province. This significant i...
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