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Hopes Grow for Effective End to US-Iran War Investor Focus Shifts From Macro Risks to Earnings Brokerages Favor Higher Weightings in Memory Chipmakers Price Targets Reach 610,000 Won for Samsung and 4 Million Won for SK Hynix Samsung Electronics Co.
New York’s three major stock indexes opened higher on June 15 after the US and Iran reached an agreement to end the war. The Dow Jones Industrial Average rose 569.90 points, or 1.17%, to 51,799.16 as of 9:33 a.m. in New York, Reuters reported. The S&
Iran's Foreign Ministry said the US had agreed to unfreeze Iranian assets held overseas and pay compensation for war damage as part of a deal to end the conflict. AFP reported on June 15 that Foreign Ministry spokesman Esmaeil Baghaei told a news con
A US-Iran agreement to sign a peace treaty is fueling bets on a rebound in overlooked assets including Bitcoin, gold and emerging-market currencies. Consumer shares, left behind during the technology-stock rally, also stand to gain if the war ends. O
Tesla Inc. is expanding its partnerships with South Korean companies beyond Samsung Electronics Co., deepening cooperation in batteries and automotive electronics. The company is increasingly selecting Korean firms as key partners across its electric
SpaceX followed last week’s record-setting US initial public offering with another sharp gain in premarket trading on June 15. The stock rose about 6% early in the session to trade near $170. The move is fueling a debate on Wall Street over whether t
Wall Street forecasts $330 billion to $470 billion in 2030 revenue Shares climb 5% in premarket trading on June 15 Elon Musk said his rocket company, SpaceX, could generate $1 trillion in revenue by 2030. Responding late June 14 on his social media p
"SpaceX May Draw $13 Billion-$17 Billion of Buying Through Next Month August Is the Key Juncture as Lockups Expire" What Could Move SpaceX Shares Next MSCI and FTSE Inclusions to Follow Nasdaq-100 Addition Could Come in Early July Lockup Shares to Be
"It will take time for the energy-price shock to fully dissipate" Odds of a U.S. rate hike this year fall to 30% from 70% a week earlier International oil prices tumbled on June 15 and stocks rose worldwide on hopes that the U.S. and Iran had reached
MOU signing set for June 19 as war ends after 106 days US seeks full disposal of nuclear materials Iran says it cannot abandon peaceful nuclear activities Sanctions relief and frozen assets also at issue Trump may personally sign MOU The memorandum o
The Strait of Hormuz became a chokepoint for global growth after Iran's blockade in March halted 20% of seaborne crude shipments. That helps explain why oil prices fell and stock markets rallied on June 14 on hopes the waterway would return to normal
U.S., Iran to Sign Peace Accord on June 19 Trump Says Strait of Hormuz to Reopen Immediately Iran Nuclear Dismantlement Left to 60 More Days of Talks The U.S. and Iran have agreed to a peace accord, ending the war 106 days after the U.S. and Israel b
South Korea’s Kospi surged more than 5% on June 15 to reclaim the 8,500 level after investor sentiment improved on signs the 106-day conflict involving the US, Israel and Iran had effectively ended. Risk appetite strengthened as oil prices turned low
News of a ceasefire agreement sent the won-dollar exchange rate and South Korean government bond yields sharply lower. In Seoul trading, the won ended the daytime session at 1,511.1 per dollar, 8.7 won stronger than the previous close. It was the str
The US and Iran agreed on June 14 to sign a memorandum of understanding centered on ending the war, but the accord falls short of a final agreement on Iran’s nuclear program. Over the next 60 days, the two sides must work out solutions on Iran’s nucl
Backed by the central banks of Hong Kong, Thailand, the UAE and Saudi Arabia Fees targeted at half the cost of existing cross-border payment networks China is preparing to commercially launch a digital-currency-based cross-border payments network as
The SpaceX initial public offering that drew markets’ attention last week has concluded, and the Middle East war that lasted more than 100 days is effectively moving toward an end. Investors are now rapidly turning their focus to the Federal Reserve’
Samsung Electronics Co. and SK Hynix Inc., South Korea's two biggest chipmakers, jumped in intraday trading on June 15 after reports that the US and Iran had reached a ceasefire agreement. As of 9:30 a.m., Samsung Electronics was trading at 338,500 w
South Korea’s Kospi jumped more than 5% in early trading on June 15, climbing above 8,500 after news that the US and Iran had reached an agreement to end the war boosted risk appetite. As of 9:12 a.m., the benchmark index was up 405.89 points, or 5.0
Ko Jeong-sam, Hankyung.com reporter, jsk@hankyung.com
Digital Asset Investment Insight Forum 2026 To Be Held on July 2 at Conrad Seoul in Yeouido Bitwise CIO Matt Hougan to Speak To Share How to Build Wealth With Digital Assets “Is it too late to invest in Bitcoin?” Investors interested in digital asset
Ko Jeong-sam, Hankyung.com reporter jsk@hankyung.com
Lee Sang-eun, Washington correspondent selee@hankyung.com
Lee Song-ryeol, Hankyung.com reporter yisr0203@hankyung.com
Pakistan, which has been acting as a mediator, said the US and Iran have reached a peace accord and will hold an official signing ceremony in Switzerland on June 19. Pakistani Prime Minister Shehbaz Sharif wrote on X on June 15 that the two sides had
Corporate Tax, Stock Transaction Tax and Income Tax Drive Revenue Gains South Korea’s tax revenue is rising faster than expected on the back of a semiconductor boom and a stock-market rally, fueling projections that this year’s excess tax haul could
June 16-17 FOMC meeting seen leaving rates unchanged Markets also await the new Fed chair’s first monetary-policy message The main event for U.S. stocks in the June 15-18 week is the Federal Reserve’s scheduled Federal Open Market Committee meeting.
About 3.7 trillion won ($2.7 billion) raised from stock and bond sales was used to buy homes in South Korea from January through April this year. Data compiled from home-purchase funding plans submitted to the Ministry of Land, Infrastructure and Tra
61 securities firms post combined first-quarter net profit of 4.3271 trillion won ($3.13 billion) Custody commissions jump 165.8% as trading value surges Average pay at some brokerages approaches 200 million won ($145,000) South Korean securities fir