Korea Economic Daily

Final turnout reached 95.5% Samsung Electronics Co.'s tentative labor agreement has been approved, with 73.7% of union members voting in favor in a decisive result. Strong backing from workers in the chip division appeared to drive the outcome. The a

Lebanese Health Ministry announcement 31 killed and 40 wounded in strikes on the south, with 11 more dead in the east Israeli military expands ground operations beyond the "Yellow Line" Offensive continues despite ceasefire brokered by Trump Netanyah

SK Hynix's market capitalization surpassed $1 trillion on May 27, making it the latest entrant to the club. That means all three of the world's biggest memory-chip makers now have market values above $1 trillion. As of 9:35 a.m., SK Hynix was trading

The Kospi rose above 8,400 in early trading on May 27, hitting a record intraday high as Samsung Electronics and SK Hynix surged after Micron Technology's overnight rally in New York. Foreign investors led buying from the open. As of 9:10 a.m., the K

Han Kyung-woo, Hankyung.com reporter, case@hankyung.com

The Kospi opened sharply higher on May 27, climbing above 8,200 as Samsung Electronics and SK Hynix jumped after Micron Technology's overnight surge in New York. The benchmark index opened at 8,242.12, up 194.61 points, or 2.42%. Samsung Electronics

No Longer a Cyclical Company UBS Upgrade Sparks Micron Surge Micron Technology, the memory-chip maker, surged nearly 20% in New York trading on May 26, lifting its market value above $1 trillion. The rally followed UBS's decision to triple its price

The Nasdaq Composite and the S&P 500 closed at record highs in New York on May 26, led by a surge in Micron Technology after UBS sharply raised its price target and fueled gains across semiconductor stocks. The S&P 500 rose 45.65 points, or 0.61%, to

Voting by union members on a tentative 2026 wage agreement between Samsung Electronics Co. and its labor unions closes at 10 a.m. on May 27. The proposal is widely expected to pass because a large majority of union members work in the company’s DS, o

Pezeshkian reiterates stance in talks with Qatar’s emir, who mediated negotiations Iran is ready to complete efforts to end conflict and tensions in the Middle East, President Masoud Pezeshkian said. Pezeshkian made the remarks on May 26 to Qatar’s E

Two-Thirds of Consumers Cut Spending US consumer confidence edged down in May as households felt the pinch from higher prices, including gasoline, tied to the war in Iran. The Conference Board said on May 26 that its US consumer confidence index fell

A blast was reported outside an oil tanker near the Strait of Hormuz. No casualties have been reported. Reuters and Agence France-Presse reported on May 26 that UK Maritime Trade Operations received a report of an explosion outside a vessel off the c

Iran has asked for the release of $24 billion in frozen assets during talks in Qatar over a peace agreement, Iranian media reported. Tasnim News Agency, citing a source close to the negotiating team, reported on May 26 that Tehran wants the release o

The energy supply shock caused by the closure of the Strait of Hormuz has reduced real incomes across major advanced economies including the US, UK, Japan and the European Union. The disruption, triggered by the US-Iran war, is also raising concern t

Expected returns on US stocks have fallen sharply, narrowing to a level little different from that of benchmark 10-year Treasuries. The gap has become so small that investors are getting little compensation for taking equity risk. The S&P 500 equity

President Donald Trump said on May 25 that Iran’s enriched uranium, a central issue in negotiations to end the war, could be disposed of inside the country. In a social media post, Trump wrote that the enriched uranium would either be handed over imm

Samsung Electronics Co.’s tentative 2026 wage and collective bargaining agreement is nearing approval. More than 90% of union members have voted, tilting the result toward passage. Even so, the company’s legal risks are growing. Opposition led by wor

Internal cooling element improves heat management SK Hynix on May 26 unveiled iHBM, a new technology aimed at improving the performance of high-bandwidth memory, or HBM. The company said an integrated cooling element, or ICE, reduces heat and helps o

Juha Vartiainen, IQM co-founder 150-qubit quantum computer due by year-end "The quantum computing industry has reached an inflection point, moving beyond the stage of a promising technology and into real industrial use." Juha Vartiainen, co-founder a

South Korea’s Kospi closed above 8,000 for the first time on record as hopes for peace between the US and Iran lifted risk appetite. Samsung Electronics Co. and SK Hynix Inc. also topped 300,000 won and 2 million won, respectively, during the session

South Korea will introduce leveraged exchange-traded funds tied to single stocks on May 27, with products that aim to deliver twice the daily return of one underlying share. Ahead of the launch, Mirae Asset Global Investments Co. and Samsung Asset Ma

South Korea will introduce a preregistration system and an integrated monitoring regime for businesses handling cross-border virtual-asset transfers, aiming to curb the use of crypto assets to evade foreign-exchange rules and facilitate illegal trans

US stock markets were closed on May 25 for Memorial Day. President Donald Trump said that Iran’s enriched uranium could be sent to the US for disposal, or processed in Iran or a third country. As negotiations to formally end hostilities between the t

Kosdaq also climbs back above 1,200 intraday The Kospi rose above 8,100 in intraday trading as hopes for a truce between the US and Iran boosted investor sentiment. Samsung Electronics Co. and SK Hynix Inc., South Korea's two biggest chipmakers, also

Noh Jung-dong, Hankyung.com reporter, dong2@hankyung.com

Shares top 2 million won in regular trading for the first time Samsung Electronics Co. and SK Hynix Inc., South Korea’s two largest chipmakers, both climbed in early trading on hopes for a US-Iran ceasefire, with Samsung topping 300,000 won and SK Hy

Lee Su, Hankyung.com reporter, 2su@hankyung.com

LS Securities said the Kospi could reach 10,000 within a year, citing a sustained artificial intelligence growth cycle and continued inflows from retail investors. The brokerage added that elevated oil prices and interest rates, along with a slate of

US Central Command carried out airstrikes on several targets in southern Iran. CENTCOM announced on May 25 that it had struck the area in self-defense. Reuters reported that the targets included an Iranian vessel attempting to lay mines and missile l