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"Earnings-driven market" … target index raised 40% KB Securities has raised its 2026 Kospi target to 10,500, lifting its forecast by 40%. The brokerage cited stronger-than-expected earnings improvement in the domestic stock market as memory semicondu
Eight traders competed at a New York boxing gym They battled for a $10,000 prize and a decorative katana Gen Z investing culture meets livestreaming Spectator-style trading gains traction in crypto markets Cryptocurrency trading is spreading as a spe
President Lee Jae-myung again stressed the need for expansionary fiscal policy, citing comments from the International Monetary Fund on South Korea’s fiscal stance. Lee has repeatedly criticized calls for austerity in recent weeks. This time, he poin
Major New York stock indexes closed higher as a summit between the U.S. and Chinese leaders revived investor appetite for technology shares. The Dow Jones Industrial Average climbed back above 50,000, while the S&P 500 and Nasdaq Composite set fresh
President Donald Trump will return to the US on May 15 after tea and lunch with Chinese President Xi Jinping at Beijing's Zhongnanhai, the center of China's political power. By hosting Trump at a venue it opens only selectively to foreign leaders, Be
OpenAI is weighing legal action against Apple after concluding that the iPhone maker failed to adequately support ChatGPT under their partnership, according to a report. Bloomberg reported on May 14, citing multiple people familiar with the matter, t
Saudi Arabia has been consulting with allies on a postwar non-aggression pact between Iran and Middle Eastern states under which both sides would refrain from attacks, the Financial Times reported. The initiative is meant to manage regional security
The International Monetary Fund said South Korea’s government debt remains sustainable and the risk of a debt crisis is low, commenting on the country’s debt outlook in the Fiscal Monitor released late last month. Julie Kozack, the IMF’s spokesperson
President Donald Trump said Chinese President Xi Jinping told him he wants to help keep the Strait of Hormuz open. Reuters and Agence France-Presse reported that Trump made the remarks in an interview with Fox News anchor Sean Hannity during his Beij
US, China Hold Summit and State Banquet in Beijing Xi Says Mishandling Taiwan Could Trigger Conflict, Adds MAGA Can Coexist Trump Says They Agreed to Keep Strait of Hormuz Open, Invites Xi to White House in September The US and China each pressed the
Wall Street Takes Another Look at the Kospi Cheaper Than Micron, Korean Chip Stocks Draw Global Money 218 ETFs Hold Samsung Electronics ETF Market Reorients Around Semiconductors South Korea’s stock market has extended its rally, with the Kospi neari
South Korea’s Industry Minister Kim Jung-kwan said on May 14 that emergency labor mediation would be unavoidable if Samsung Electronics’ union goes ahead with its planned general strike on May 21. In a post on X, Kim described Samsung Electronics’ se
Some China-linked vessels began transiting the Strait of Hormuz on the night of May 13, Iran's Fars News Agency reported on May 14. A source told Fars the ships were allowed to sail through the strait as long as they complied with rules set by Iran.
President Donald Trump on May 14 praised his summit with Chinese President Xi Jinping and invited Xi and his wife to visit the White House on Sept. 24. Speaking at a state banquet hosted by Xi at the Great Hall of the People in Beijing, Trump said th
Korea Investment Week "Investing in artificial intelligence companies is like buying a lottery ticket. Thousands of people buy lottery tickets every day, but most lose money and only a tiny handful become rich overnight." Howard Marks, co-founder and
Hyundai Motor Group Executive Chair Euisun Chung said recent labor-management conflicts over performance bonuses should be judged with broader considerations in mind, including shareholder interests and national development. Speaking to reporters ahe
Korea Investment Week Hong Eun-pyo, Lawyer at Lee & Ko “Putting real-world assets, or RWAs, on-chain is more than a technical experiment. It is a financial infrastructure revolution that will reshape capital markets.” Hong Eun-pyo, a lawyer at Lee &
Chinese President Xi Jinping sharpened his rhetoric on Taiwan during a summit with US President Donald Trump, calling it the most important issue in bilateral relations. Xinhua News Agency and other Chinese media reported on May 14 that Xi made the r
Kosdaq also closes higher South Korea’s Kospi set a record closing high for a second straight session on May 14, ending within reach of the 8,000 level. The benchmark index rose 137.40 points, or 1.75%, to 7,981.41. It briefly turned lower during the
Government for the first time spells out specific conditions for lifting the price cap South Korea’s Ministry of Trade, Industry and Energy said it would consider ending the fuel price cap if international crude prices fall below $100 a barrel. It is
President Donald Trump described his summit with Chinese President Xi Jinping as "excellent." Trump made the comment on May 14 in Beijing after concluding the U.S.-China summit and visiting the Temple of Heaven, where reporters asked him about the me
“Partners, not rivals” defines the tense summit atmosphere Trump repeatedly calls Xi a “great leader” and emphasizes their personal rapport Xi says the two powers must find the right path to coexist Chinese President Xi Jinping invoked the “Thucydide
Xi Jinping said mishandling the Taiwan issue would trigger a conflict between China and the US. Choi Su-jin, Hankyung.com reporter, naive@hankyung.com
Choi Su-jin, Hankyung.com reporter naive@hankyung.com
Choi Su-jin, Hankyung.com reporter, naive@hankyung.com
Kosdaq also rises South Korea’s Kospi climbed back above the 7,900 level in early trading despite concerns over US inflation. Samsung Electronics shares advanced, while SK Hynix remained below 2 million won even after briefly topping that level in pr
PPI Tops Forecasts After CPI Surprise Major U.S. stock indexes ended mixed on May 13, with technology shares leading gains despite persistent inflation concerns. On the New York Stock Exchange, the S&P 500 rose 43.29 points, or 0.58%, to 7,444.25, wh
President Donald Trump arrived in Beijing on the night of May 13 and is set to hold a bilateral summit at 10 a.m. Beijing time on May 14. While talk has swirled around a possible strategic bargain between the US and China, the broader backdrop sugges
Former Federal Reserve Governor Kevin Warsh won Senate confirmation as the next Fed chair on May 14 in a 54-45 vote, clearing the chamber by nine votes. All Republican senators voted for him, joined by Democratic Senator John Fetterman. The rest of t
President Donald Trump begins first China visit in nine years U.S. President Donald Trump and Chinese President Xi Jinping are due to hold a summit in Beijing on May 14. Trump arrived in China for a two-night, three-day state visit at Xi’s invitation