Kospi Tops 7,900 Early Despite US Inflation Worries; Samsung Electronics Gains, SK Hynix Slips
The Kospi recovered the 7,900 level despite US inflation concerns, reaching 7,920.16. On the benchmark stock market, retail…
Will Trump-Xi Ease Chip Curbs? Beijing Summit Puts Korean Stocks in Focus
Conflicts over AI, semiconductors and rare earths are set to be key agenda items at the U.S.-China summit.…
KRW Stablecoin KRWQ Launches on Solana to Expand Liquidity
IQ said it is launching KRWQ with Frax on the Solana network. KRWQ plans to support perpetual futures,…
Samsung Chip Strike Looms After Talks Fail, Raising Prospect of South Korea Emergency Arbitration
Forecast Trend Report by Period See more mid- to long-term trend analysisGovernment-mediated talks fail again Union says it…
XRP Volume Overtakes Bitcoin on South Korean Exchanges as Traders Eye $1.50 Resistance
It reported that XRP trading volume on South Korea’s major exchanges exceeded that of Bitcoin (BTC) and Ether…
Kospi Falls Below 7,500 Early on May 13 After US Inflation Shock; Samsung Electronics, SK Hynix Drop
A US inflation shock sent the Kospi index down into the 7,400 range early in the session, dampening…
Samsung, SK Hynix Slide in Early Trade After US Tech Selloff
It said Samsung Electronics and SK Hynix were under pressure in early trading after a decline in U.S.…
Citi Raises Samsung, SK Hynix Price Targets on Sustained Memory Price Strength
Forecast Trend Report by Period See more mid- to long-term trend analysisPhoto: Samuel Boivin/Shutterstock CitiGroup raised its price…
BOK Governor Rhee Elected to BIS Board
The Bank of Korea said Governor Rhee Chang-yong was elected as a director of the BIS board. The…
South Korea’s Digital Asset Bill Omitted Again, Derailing First-Half Review
The Digital Asset Basic Act was excluded from the agenda of the National Assembly Political Affairs Committee’s first…
Unreturned User Assets at 15 South Korean Crypto Firms Reach $15.8 Million
Fifteen virtual asset service providers in South Korea have shut down, leaving 22.114 billion won ($15.8 million) in…
South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks
Key TakeawaysBank of Korea data shows domestic virtual asset holdings fell over 50% to $41.17 billion by February…