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SOUTH KOREA AI SUMMIT
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...- Marco Rubio to hold talks with China's Wang Yi as regional powers join ASEAN meetingU.S. Secretary of State Marco Rubio met China's Foreign Minister Wang Yi in Manila. They discussed a potential September summit between the...
- South Korea promises free homegrown AI chatbot this yearAs the technology has spread, countries have become increasingly concerned with so-called "AI sovereignty" -- developing domestic models se...
- 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...
- How Korean stocks turned from trusty bellwether to AI frenzyThat volatility, felt on dealing desks from Tokyo to New York, has not only wreaked havoc with portfolios - it has also dramatically distor...
- 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...
- AI-driven chip boom fuels 47% surge in entry-level semiconductor hiring in South KoreaJobKorea said Monday that entry-level hiring in South Korea's semiconductor industry surged in the first half of the year, reflecting robus...
- Global Market: Citi downgrades South Korea to neutral as AI chip volatility mountsCitigroup has downgraded South Korea to neutral after a year-long overweight stance, citing heightened volatility in AI-linked chip stocks ...
- South Korea's share market losses deepen as leveraged AI bets take a heavy tollSouth Korean shares experienced a significant decline, triggering market-wide trading curbs. Investors are unwinding AI-linked trades, exte...
- Global Market: South Korea's AI-driven stock frenzy fuels volatility, challenges market fundamentalsThe sharp swings have unsettled investors and regulators alike, with market movements increasingly driven by leveraged investment products ...
- Explained: 3 reasons why South Korea's Kospi crashed 6% todaySouth Korea's Kospi index experienced a significant decline of over six percent on Thursday. This downturn followed the Bank of Korea's fir...
- 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...
- Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensionsSouth Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data an...
- 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...
- Global Market: South Korea targets AI-led growth, raises 2026 GDP forecast to five-year high; chip stocks in focusSouth Korea has raised its 2026 GDP growth forecast to 3%, the fastest pace in five years, backed by an AI and semiconductor-led investment...
- 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...
- Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soarsSK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand...
- Korea's Kospi hits 8% lower circuit, trading halted. What's rattling investors today?South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled glo...
- 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...
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