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South Korea utility proposes Samsung pays $15 billion in advance for power, paper saysState-run KEPCO, South Korea's main utility, said in a statement it had suggested an advance payment scheme to major power users including...
Global Market: South Korean shares rebound as chip stocks track Wall Street gainsSouth Korean shares rebounded on Thursday, with the KOSPI rising 1.38% as chipmakers tracked gains in their US peers and optimism over AI d...
Global Market: South Korean stocks slide more than 3% as Iran conflict deepens global market selloffSouth Korea’s Kospi plunged over 3% as rising bond yields, higher oil prices and escalating US-Iran tensions hit investor sentiment. Foreig...
Global Market: KOSPI gains as AI-driven chip demand lifts South Korean exportSouth Korean shares gained on Tuesday, with the KOSPI rising 0.33%, as stronger-than-expected exports and robust semiconductor demand linke...
Global Market: Emerging Asian currencies fall as Fed hike bets rise, oil prices surgeMost emerging Asian currencies and equities fell on Monday as hawkish comments from US Fed Chair Kevin Warsh boosted bets on a possible Sep...
Global Market: South Korean shares fall as hawkish Fed comments weigh on sentimentSouth Korean shares fell sharply on Monday as hawkish comments from Fed Chair Kevin Warsh raised expectations of a possible US rate hike as...
US, South Korea and Japan to hold trilateral drill as North Korea ramps up pressure on USSouth Korea, the U.S., and Japan will conduct a joint military drill next month. This exercise aims to counter North Korean nuclear and mis...
Global Market: South Korean shares fall as AI trade loses steam, investors eye Jackson HoleSouth Korean shares fell 1.07% on Friday, putting the Kospi on track for a second weekly decline as AI-trade enthusiasm weakened. Chip stoc...
Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firmSouth Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-...
Global Market: Kospi gains over 1% as Nvidia outlook lifts chipmakersSouth Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung El...
Global Market: KOSPI rises as investors await Nvidia results for AI trade cuesSouth Korean shares edged higher on Wednesday as investors turned cautiously optimistic ahead of Nvidia’s quarterly earnings, with semicond...
Global Market: Kospi drops 2% as chip stocks tumble ahead of Nvidia earningsSouth Korea’s KOSPI fell nearly 2% as semiconductor stocks declined ahead of Nvidia’s earnings, reflecting investor caution over AI investm...
Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concernsSouth Korean shares fell over 1% on Monday, dragged by a sharp decline in Samsung Electronics after its latest shareholder return plans dis...
Explained: Why Samsung shares tanked 8% while rival SK Hynix traded higher on MondaySamsung Electronics shares fell 8% after its record $79 billion shareholder-return plan disappointed investors. The company plans to return...
Global Market: KOSPI gains on chip boost; foreigners turn net buyersSouth Korean shares rose on Friday, led by gains in Samsung Electronics and SK Hynix after U.S. semiconductor stocks advanced, though the K...
Samsung Electroncis to announce more than $72 billion shareholder return programme, media reportsThe South Korean memory-chip maker will hold a board meeting at the end of August to approve a shareholder return plan that includes a spe...
Samsung Electroncis to announce more than $72 billion shareholder return programme: ReportSamsung Electronics plans a shareholder return policy exceeding one hundred trillion won. This significant announcement follows record prof...
Global Market: South Korean shares surge 6% as chip stocks reboundSouth Korean shares surged over 6%, led by chipmakers SK Hynix and Samsung Electronics, after a steep previous-session selloff. The KOSPI t...
Global Market: Samsung, SK Hynix lead KOSPI rout amid global risk-off moodKospi plunged 4.65% as rising global bond yields and Middle East tensions triggered heavy selling in semiconductor shares. Samsung Electron...
Global Market: Kospi extends winning streak to six sessions, jumps over 2% on chip gainsSouth Korean shares surged 2.73%, extending gains for a sixth session as chipmakers rallied on optimism over AI demand. Samsung Electronics...