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Prices Jump Suddenly After Middle East War ‘Time to Rebalance Investment Portfolios’ The global economy is entering a phase of “spikeflation,” with inflation rising in sudden bursts after a long period of relative calm, as the recent war in the Middl
Shinhan Bank’s Safe ELD 26-9 Offers Up to 3.15% as Share Prices Rise Shinhan Bank has launched an equity-linked deposit tied to the share performance of Samsung Electronics Co. and SK Hynix Inc., two stocks that have driven South Korea’s stock market
South Korean government bond yields climbed to their highest level in two years and seven months as markets priced in the possibility that the Bank of Korea could deliver a 50-basis-point rate increase next month. Surging consumer prices and a sharp
Won jumps to 1,540 per dollar WTI climbs above $96 as war drags on Foreign investors sell net 112.3 trillion won ($81.4 billion) of stocks this year Won posts biggest drop among major Asian currencies Market sees path to 1,550 The won-dollar exchange
Nvidia Chief Executive Officer Jensen Huang will meet Krafton Chairman Chang Byung-gyu and NCSoft Chief Executive Kim Taek-jin during his visit to South Korea. The talks highlight how game developers, once primarily buyers of graphics processing unit
Samsung cross-enterprise union membership falls to about 58,000 Below the roughly 64,500 needed to retain majority status The Samsung Electronics chapter of the Samsung Group cross-enterprise labor union has lost its majority-union status, a first fo
Korea Investment Management said on June 4 it will participate in the SpaceX initial public offering ahead of the company's June 12 listing. The shares allocated through the IPO will be distributed to the ACE U.S. Space Tech Active exchange-traded fu
South Korean authorities have used foreign-exchange reserves and issued verbal warnings to defend the won against the dollar, but the currency’s decline has shown little sign of easing. Continued selling of domestic stocks by foreign investors is sti
South Korean police are joining forces with the country’s crypto industry to stop voice-phishing gangs from laundering stolen funds through digital assets, as the tactic spreads. The National Police Agency said on June 4 that it signed a memorandum o
"Won at 1,530 per dollar adds pressure; intraday volatility expected" South Korea's Kospi fell more than 2% in early trading on June 4 after U.S. chipmaker Broadcom issued a revenue outlook that missed market expectations and Middle East tensions fla
Rose above 1,520 in overnight trading the previous day The won weakened past 1,530 per dollar in intraday trading on June 4 for the first time since March 31. At 9 a.m. in Seoul, the won-dollar exchange rate opened at 1,530 won per dollar, up 13.6 wo
South Korea’s Kospi opened lower on June 4, slipping to the 8,600 level early in the session. As of 9:10 a.m., the Kospi had fallen 201.55 points, or 2.29%, from the previous close to 8,599.94. The Kosdaq was up 30.65 points, or 2.99%, at 1,056.68. M
Iranian Foreign Minister Says Lebanon Ceasefire Must Be Included in Accord Iran said it is coordinating the final draft of an accord with the US to end the war. It also reaffirmed that, although no formal negotiation framework is in place, any war-en
Oh Se-seong, Hankyung.com reporter sesung@hankyung.com
Memory shares including Micron and SanDisk stay strong despite weakness in technology stocks U.S. stocks closed lower across the board on June 3 as renewed tensions in the Middle East pushed up oil prices and U.S. Treasury yields, with no progress in
Nvidia Chief Executive Officer Jensen Huang is set to arrive in South Korea as early as the evening of June 4 for a four-day visit that will span meetings across industry and academia. His itinerary includes talks with the heads of major business gro
Oil Market Anxiety Deepens as US-Iran Clashes Resume Oil prices rose for a third straight session as ceasefire talks between the US and Iran failed to make progress and military clashes resumed. A drop in US crude inventories added to the rally, lift
Goldman Sachs Chief Executive Officer David Solomon said financial markets are in a period defined more by “greed” than “fear.” In an interview with CNBC on June 2, Solomon said there is enough liquidity in the financial system as long as global opti
The Organization for Economic Cooperation and Development projects South Korea’s nominal economic growth will exceed 10% this year, driven by a semiconductor supercycle that is expected to lift both real growth and export prices. In its Economic Outl
Alternative Tariff Route After Reciprocal Duties Ruled Unlawful USTR Says Practices Burden US Commerce As 10% Global Tariff Nears Expiration Higher Tariffs Proposed for 60 Economies Including South Korea Final Decision Expected After July Hearing The
US disables tanker bound for Iran under Hormuz blockade Iran says it fired missiles at US bases Flights suspended across parts of the Gulf, including Kuwait The US and Iran traded heavy strikes from the night of June 2 into the early hours of June 3.
Soaring consumer prices have pushed the real policy rate felt by households and businesses in South Korea to its lowest level in three years and two months. The real policy rate, calculated by subtracting consumer inflation from the nominal benchmark
Chinese artificial intelligence startup DeepSeek is seeking to raise 50 billion yuan ($6.9 billion) from investors including Tencent Holdings Ltd. and battery maker Contemporary Amperex Technology Co. Ltd., Reuters and Cailian reported on June 3. Reu
Falls as chip stocks rally and ETF money exits Focus shifts to US monetary policy and Treasury settlement schedule Prices may face more pressure if sentiment weakens further Bitcoin has lost momentum since mid-May and fallen back to levels seen about
Musk’s net worth is now about $970 billion SpaceX could be valued at $1.75 trillion in an IPO Musk controls 85.1% of SpaceX voting power Elon Musk, chief executive officer of Tesla Inc., is moving closer to becoming the first person in history with a
Global IPO Market Faces Key Test After Prolonged Slump Plans to Sell 555.6 Million Shares at $135 Each SpaceX is drawing intense attention from investors after reports said it plans to raise about $75 billion in an initial public offering, valuing th
Target raised to 12,000 from 9,000 in less than a month About 36% more upside seen from current levels Goldman Sachs raised its 12-month target for the Kospi to 12,000 from 9,000, citing a semiconductor upcycle that is lasting longer than expected an
One-week scorecard for single-stock leveraged ETFs TIGER Samsung Electronics Leverage returns 42.6% SOL SK Hynix Leverage posts 29.2% KODEX leads in net assets, trading value and tracking gaps South Korea’s first single-stock leveraged exchange-trade
New York stocks extend AI rally Major U.S. stock indexes closed at fresh record highs on June 2 as gains in artificial intelligence-related shares offset uncertainty over the Middle East and higher oil prices. Expectations for AI server and semicondu
Here is a roundup of last week’s venture capital deals compiled with The VC, a venture capital and startup data provider. The aim is to highlight ideas emerging from today’s investments. Crypto exchange operators Dunamu, the parent of Upbit, and Coin