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Seoul stocks plunge 8% as Samsung, SK hynix shares tumbleSouth Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip ...- 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...
- Bereaved South Koreans try AI-generated videos of deceased loved onesLee, 28, wrote a message and hired the Seoul-based tech company Vaice in December to make a short video clip showing a digital likeness of ...
- Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycleSouth Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While...
- Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadershipThe plan, anchored by Samsung Electronics and SK Hynix, marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his ...
- 'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
- South Korean president to unveil massive AI and chip investment driveLee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries c...
- South Korea, Japan reaffirm denuclearisation goal, closer defence tiesSouth Korea and Japan are strengthening security ties, reaffirming their commitment to denuclearizing the Korean peninsula. Defence ministe...
- South Korea court gives ex-First Lady Kim Keon Hee seven-year jail term for briberySouth Korea's former First Lady Kim Keon Hee has been sentenced to seven years in prison for accepting bribes, including luxury jewellery, ...
- Samsung readies $648 billion bet, report says, as AI boom reshapes South KoreaThe investment, which would include AI data centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at...
- Adani Airports to invest Rs 20,000 crore in airport cities spanning 655 acresAdani Airport City Limited is investing over ₹20,000 crore to build integrated airport cities across six Indian airports. These development...
- EAM Jaishankar calls for closer cooperation with South Korea at Jeju ForumIndia and South Korea must deepen cooperation in shipbuilding, health, infrastructure, and defence, External Affairs Minister S Jaishankar ...
- SK Hynix surges 12% as US listing plan boosts valuation hopesSK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valu...
- Hyundai Motor's South Korean union approves strike action over stalled wage talksHyundai Motor's South Korean union members have voted to authorize a strike, signaling potential production halts. This action stems from u...
- Jaishankar, South Korean FM discuss deepening strategic partnership in SeoulIndia's External Affairs Minister S Jaishankar met his South Korean counterpart Cho Hyun in Seoul to bolster bilateral ties, with discussio...
- India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...
- Humans drew so much groundwater since 1993 that Earth's spin axis tilted 31.5 inches, a Seoul team published the math in Geophysical Research Letters three decades later in 2023Groundwater depletion, particularly in regions like India's Punjab, has significantly impacted Earth's spin. A recent study reveals that pu...
- North Korea's Kim vows to accelerate military buildup: KCNANorth Korean leader Kim Jong Un vowed to accelerate the country's military buildup at a party meeting, state media reported Tuesday, citing...
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