Korea Economic Daily

Could Money Leaving the Kospi Be Headed for SpaceX? With SpaceX’s initial public offering just two days away, the deal is emerging as a major variable for global capital markets. Investors worldwide are raising cash ahead of a listing that would valu

Shin Hyun-bo, Hankyung.com reporter greaterfool@hankyung.com

Shin Hyun-bo, Hankyung.com reporter, greaterfool@hankyung.com

"Crusoe Halts Data Center Project Work" South Korea’s Kospi fell back below the 8,000 mark on June 10 as jitters over US technology shares hit investor sentiment. The Kosdaq rose on retail buying. As of 9:10 a.m., the Kospi was down 125.58 points, or

Benchmark Brent Crude Falls 2.97% U.S. stocks ended mixed on June 9 as volatility in artificial intelligence-related technology shares and renewed tensions in the Middle East weighed on sentiment. Oil prices fell, however, on expectations that shippi

Shin Hyun-bo, Hankyung.com reporter greaterfool@hankyung.com

Trump says Apache helicopter was shot down by Iran, says US response is unavoidable Iranian military source says no air attack operations were carried out in the past 24 hours The US and Iran clashed publicly over the crash of a US Apache helicopter

AI is no longer limited to conversation. It has started doing the work. For years, artificial intelligence was essentially a tool that produced polished answers. Humans asked questions, machines responded, and people still had to take action themselv

The Kospi reclaimed the 8,000 level on June 9 and finished just below 8,100, rebounding a day after it fell through 7,500 as institutional investors stepped in to buy. The benchmark index closed up 612.52 points, or 8.18%, at 8,096.93. The Kospi brie

South Korean asset managers are taking divergent paths ahead of a planned SpaceX listing after financial regulators effectively barred passive exchange-traded funds from participating in the initial public offering. The guidance gives active ETFs a c

Kospi Surges Intraday, Reclaims 8,000 Park Su-bin, Hankyung.com reporter waterbean@hankyung.com

Iranian official tells Al Jazeera 'Any ceasefire violation' will draw a firm response Iran said there will be no agreement unless the US lifts sanctions and returns frozen Iranian assets. Iran's semi-official Mehr and Tasnim news agencies reported on

Mirae Asset Global Investments said cumulative net buying by retail investors in the TIGER SK Hynix Single-Stock Leverage ETF and the TIGER Samsung Electronics Single-Stock Leverage ETF has surpassed 3 trillion won since their listing. According to t

Retail Buying Drives Rebound as Chip Stocks Lead South Korea’s Kospi rose nearly 4% in early trading on June 9, recouping about half of the previous session’s 8.29% slump. Easing military tensions in the Middle East and a sharp overnight rebound in U

Jensen Huang Says Nvidia’s South Korea Partnerships Are Progressing, With More Visits Ahead Park Su-bin, Hankyung.com reporter, waterbean@hankyung.com

U.S. stocks rallied sharply in New York on June 8 as bargain hunters piled back into semiconductor shares that sank last week. Morgan Stanley described the selloff as a “healthy correction,” saying the bull market is likely to continue given earnings

The won rose above 1,550 per dollar, reaching a level last seen during the global financial crisis. With South Korean authorities signaling a forceful response, attention has turned to where the won-dollar exchange rate goes next. Analysts say stabil

U.S. stocks ended mixed on June 8, with semiconductor shares rebounding sharply while the Dow Jones Industrial Average edged lower. The Dow fell 80.77 points, or 0.16%, to 50,786.01. The S&P 500 rose 21.99 points, or 0.30%, to 7,405.73. The tech-heav

70% of bear-market warning signals have been triggered "S&P 500 is pricier than during the dot-com bubble on some measures" Concerns grow over overheated Big Tech AI spending Bank of America said warning signs resembling those seen before past bear m

Brokerage research chiefs issue emergency assessment after Kospi plunge “Not a full-blown bear market, but the Kospi could slide toward 7,000” U.S. rates and AI investment concerns seen as main triggers Volatility expected to persist for now Semicond

Bae Kyung-hoon, deputy prime minister and science minister, said on June 8 that South Korea had secured first priority for supply of Nvidia Corp.’s next-generation artificial intelligence accelerator, Vera Rubin, after meeting Chief Executive Officer

U.S. stocks opened higher on June 8 as Iran's announcement that it would halt attacks on Israel eased an earlier surge in oil prices, while bargain hunting lifted semiconductor shares. As of 10:14 a.m. Eastern time, the S&P 500 was up 0.7%, while the

Chinese President Xi Jinping attended a welcome banquet hosted by North Korean leader Kim Jong Un after their summit in Pyongyang, with both sides saying the visit produced important agreements on bilateral ties. In remarks at the banquet on June 8,

A sharp selloff in Samsung Electronics Co. and SK Hynix Inc. is spreading fears across South Korea’s stock market that the semiconductor cycle may be nearing a peak. The two stocks, which have led the Kospi, also hammered investors in single-stock le

Samsung Biologics Co.’s labor union is pushing to withdraw from Samsung Group’s umbrella labor organization. The move suggests the group-wide union is losing its ability to hold affiliates together after the Samsung Electronics branch was hit by a ru

Iran's military declared a halt to operations against Israel about an hour after US President Donald Trump called for an immediate end to the fighting. In a statement carried by Iranian media on June 8, the Khatam al-Anbiya Central Headquarters, Iran

Naver Corp. was the only gainer among the Kospi’s 30 largest stocks by market capitalization on June 8, even as the benchmark index plunged more than 8% in a selloff fueled by a global semiconductor rout. Investors focused on new growth prospects aft

Chinese President Xi Jinping began summit talks with North Korean leader Kim Jong Un during a state visit to Pyongyang. The People's Daily, the Chinese Communist Party's official newspaper, reported at 5:05 p.m. Beijing time on June 8, or 6:05 p.m. i