Korea Economic Daily

Samsung to Overtake SK Hynix in HBM Market Next Year on HBM4 Push, UBS Says

<Tech X 112> UBS Sees Samsung Taking 41% of HBM Market vs. SK Hynix at 39% HBM4 Era Begins in Earnest as Capacity, Advanced Packaging Become Key HBM4 Evolves From Higher Stacks to Smarter Design Samsung Electronics is poised to become the top player

Nvidia Retakes World’s No. 1 Market Cap Spot From Apple After Four Days

Nvidia retook the title of the world’s most valuable company from Apple after four days. Nvidia rose 2.93% to close at $200.75 in regular trading in New York on August 31. Apple fell 7.35% to $308.91. Based on closing prices, Nvidia’s market capitali

Amazon Earnings Boost Stocks; Nasdaq Climbs 1%

Amazon Jumps More Than 15%, Extending Big Tech Rally U.S. stocks closed higher on Aug. 1 as Amazon's strong earnings revived investor appetite for technology shares. The Dow Jones Industrial Average rose 276.97 points, or 0.53%, to 52,485.03 at the N

Musk Calls WSJ Report on Tesla China Sale Plans ‘Absurd Fake News’

WSJ Reports Tesla Considered Separating China Business Ahead of Possible Merger Musk Says on X It ‘Was Never Even Discussed’ Tesla considered selling its China business as part of contingency planning for a possible merger with SpaceX, according to a

Korea-US-Japan FX Coordination Sends Won to 1,418 Per Dollar

Joint intervention pushes won to its strongest level in nine months Strong demand for the won, fueled by inflows into South Korea's foreign-exchange market from the listing of SK Hynix American depositary receipts and a return by foreign investors to

Trump Says Hamas Agreed to Full Disarmament in Gaza

President Donald Trump said Hamas has agreed to complete disarmament. Trump wrote on Truth Social on July 30 that a peace committee had reached a “historic agreement” with Hamas and all other armed groups in Gaza on full disarmament. He called it a “

BOJ Holds Rate at 1.0%; Ueda Says Pace of Hikes Could Accelerate

Bank of Japan Governor Kazuo Ueda signaled the possibility of additional interest-rate increases, raising the prospect of stronger upward pressure on the yen. The BOJ kept its policy rate unchanged at 1.0%, but Ueda delivered a hawkish message, sayin

Lawmakers Seek to Put Single-Stock Leveraged ETF Training Into Law

Rep. Kim Jong-yang pushes amendment to related law Proposal would require investor comprehension tests A South Korean office worker in his 30s, identified only by his surname A, played a pre-trade training video for single-stock leveraged exchange-tr

UBS Says Samsung to Overtake SK Hynix as Top HBM Supplier in 2027

Samsung Electronics is set to overtake SK Hynix as the top player in the high-bandwidth memory, or HBM, market next year, according to UBS. In a report published on July 30, UBS said SK Hynix would remain the leader this year with a 48% share of HBM

SK Hynix Hits Daily Limit for First Time Since 2009; Samsung Electronics Soars 26%

AI optimism and easing deleveraging spur buying Foreign investors snap up 7 trillion won ($5.05 billion) in Kospi spot market SK Hynix closed at its daily upper limit for the first time since 2009 as investors viewed the recent selloff in semiconduct

Stronger Won, Faster Growth Put South Korea’s Per Capita GNI Within Reach of $40,000

South Korea’s per capita gross national income is increasingly within reach of $40,000 for the first time as the won stabilizes and nominal economic growth looks set to outpace the government’s forecast. Officials at related ministries and the Bank o

BOJ Holds Benchmark Rate at 1% in 8-1 Vote

Tesla Weighs Spinning Off or Selling China Business Ahead of Potential SpaceX Merger

Wall Street Journal report Elon Musk is weighing a plan to separate and potentially sell Tesla's China business, The Wall Street Journal reported, in a move aimed at reducing geopolitical risk ahead of any possible merger with SpaceX. Citing multiple

Exclusive: South Korea, US and Japan Mount Unprecedented Three-Way FX Coordination, Sending Won and Yen Soaring

Moon Ji-sung says South Korea coordinated with the US and Japan Seoul and Tokyo sold dollars, while the US backed the move with a rate check Three-way framework took shape this year before the joint intervention Won reaches strongest level in nine mo

Democrats Lead Republicans by 8 Points With Fewer Than 100 Days Until US Midterms, Poll Shows

Democrats hold an 8-percentage-point lead over Republicans with fewer than 100 days left before the US midterm elections in November, according to a poll that put the opposition party ahead by more than the margin of error. CNN reported on July 30 th

Musk Revives Republican Midterm Spending, Plans at Least $100 Million

Elon Musk, the chief executive officer of SpaceX and Tesla, is set to resume major financial support for Republicans ahead of the November midterm elections. Axios reported on July 30 that Musk is reviving America PAC, the super PAC he founded. Ameri

Daol Keeps Buy on Samsung Electronics, Sees Recovery in HBM and Foundry Competitiveness

Daol Investment & Securities said on July 31 that Samsung Electronics delivered two key messages investors had been waiting for during its earnings conference call a day earlier: grounds for confidence in a strong industry upcycle and a clear reaffir

Trump Says Peace Committee Agreed on Complete Disarmament of Hamas and Others

AI Losses Trigger Margin Call as Situational Sells Most of Stock Portfolio to Citadel

Situational Awareness, the hedge fund known for AI-themed investing, sold most of its stock portfolio to Citadel after suffering heavy losses, The Wall Street Journal reported on July 30. Founded by former OpenAI researcher Leopold Aschenbrenner, Sit

Wall Street Rises Across the Board as Microsoft, Chip Stocks Rally; Nasdaq Gains 2.8%

U.S. stocks closed broadly higher on July 30, lifted by strong Microsoft results and a rebound in semiconductor shares. The Dow Jones Industrial Average rose 613.92 points, or 1.19%, to 52,208.06 at the close on the New York Stock Exchange. The S&P 5

Yen Jumps Against Dollar; Nikkei Says US and Japan Likely Intervened

Japan and the US appear to have moved simultaneously in the foreign-exchange market to stem the yen’s weakness. Nihon Keizai Shimbun reported on July 31 that the yen’s sharp rise against the dollar in New York trading a day earlier, when it briefly s

China’s CXMT Chases Samsung, SK Hynix After DRAM Share Hits 8%, Stock Jumps 466%

CXMT’s global rise draws scrutiny as South Korea hears tech-leak cases Global DRAM share climbs from 3% to 8% in a year Nine in 10 respondents say penalties for leaking core technologies should be tougher ChangXin Memory Technologies Inc., China’s la

Oil Falls as Saudi-Led Red Sea Maritime Defense Coalition Plan Eases Supply Concerns; WTI Down 1%

Oil prices fell on July 30 as discussions advanced on a Saudi-led multinational coalition aimed at safeguarding freedom of navigation in the Red Sea. Brent crude for September settlement closed at $86.88 a barrel on ICE Futures Europe, down 1.4% from

Iran Claims Attack on US Bases in Jordan, Kuwait Destroyed Fighter Jets

Iran’s Islamic Revolutionary Guard Corps said on July 30 it attacked US military bases in Jordan and Kuwait in retaliation for a US strike. In a statement, the IRGC said it fired several ballistic missiles that morning at Al-Azraq Air Base in Jordan.

Coinbase Posts $359 Million Q2 Net Loss, Shares Drop 5% After Hours

Coinbase posted a record share of global crypto trading volume in the second quarter, but profitability missed Wall Street expectations. Crypto media outlet Cointelegraph reported on July 30 that Coinbase generated about $1.2 billion in net revenue i

Foreigners Sold $35.7 Billion of South Korean Stocks in June, Extending Net-Selling Streak to Six Months

June Foreign Securities Investment Trends Foreign investors were net sellers of nearly $36 billion of South Korean stocks last month. Even so, the value of their equity holdings rose by more than $40 billion from a month earlier to above $2.1 trillio

Apple Seen as a Safe Haven, but Funds May Flee if Chip Rally Returns

1. Apple seen as a safe haven, but money may rotate out if semiconductors rebound Apple has drawn attention as the big tech company best positioned to avoid the burden of heavy AI spending, with its market capitalization recently surpassing $5 trilli

US June Core PCE Price Index Rises 3.3% From a Year Earlier

Second-Quarter GDP Growth Slows to 1.5%, Missing Estimates US inflation pressures eased in June as consumer prices slowed on both a monthly and annual basis. Second-quarter gross domestic product growth also came in below expectations. The Commerce D

Iran Says It Destroyed 3 F-35s After US Resumes Strikes, Deepening Clash

US resumes strikes on Iran after six days Signs emerge of a wider conflict across the Middle East Jordan says it intercepted five Iranian missiles Iran’s Islamic Revolutionary Guard Corps launched a retaliatory attack on the US Al-Azraq Air Base in J

Exclusive: Regulators Probe Foreign High-Frequency Trading Over Volatility in Single-Stock Leveraged ETFs

Financial authorities scrutinize trading records South Korea’s financial authorities have launched a probe into foreign investors’ high-frequency trading, or HFT, in domestic single-stock leveraged exchange-traded funds. Regulators suspect the large-